The government said in an affidavit it planned to frame new rules to govern social media "keeping in view the ever-growing threats to individual rights and nation's integrity, sovereignty, and security."

On Monday, Indian software services exporter Infosys said it received whistleblower complaints alleging "unethical practices" by its executives. The allegations are very serious given that the complaints centre on breach of corporate governance standards and accounting malpractices.Amit Tandon, MD of Institutional Investor Advisory Services (IiAS) spoke at length about the latest happenings in Infosys.

The Indian unit of Google’s 2018-19 profit grew 16 percent at Rs 473 crore despite a 56 percent fall in revenues at Rs 4,147 crore from a year before. Google India was able to eke out a profit thanks to a steep fall in expenses to Rs 3,416 crore. 

The development is significant as such a step could help in the creation of a global payment model which in turn will increase the user base of UPI.