
X withholds public access to Reuters and Reuters World accounts in India
Later, X unblocked the Global Government Affairs account. 'There is no requirement from the Government of India to withhold Reuters handle. We are continuously working with X to resolve the problem,' an official spokesperson for MeitY said in a statement.X and MeitY did not respond to ET's requests for comment on the reason for withholding these accounts in the country.The Elon Musk-owned microblogging platform has sued the Indian government in the Karnataka High Court over previous blocking orders sent by the government under a section of the Information Technology (IT) Act, 2000 without adequate safeguards. The final hearing in the case is scheduled July 8.
X has made a plea to amend its petition filed in the Karnataka High Court four months ago, making an additional demand to scrap Rule 3(1)(d) of the Information Technology Rules that empowers government agencies to order intermediaries to remove content from their platforms. The original petition, filed in March, had sought the court to declare that Section 79(3)(b) of the IT Act, 2000 does not authorise the government to issue information blocking orders to intermediaries, or social media platforms, like X.
Section 79(3)(b) provides for authorities to remove immunity from liability accorded to intermediaries if they failed to comply with orders to take down unlawful content. In conjunction with Rule 3(1)(d) of the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, it also allows them to issue takedown orders.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
7 minutes ago
- Hans India
AP unveils Amaravati Quantum Valley plan
Vijayawada: The state government on Monday ratified through a government order the Amaravati Quantum Valley Declaration, which will guide the state's efforts to advance quantum technologies and build a vibrant innovation ecosystem, including attracting $1 billion in investments by January 1, 2029. The declaration was announced after deliberations held during the recent Quantum Valley Workshop in Vijayawada recently. "The government hereby approves the Amaravati Quantum Valley Declaration. This shall serve as a guiding framework for the state's efforts to advance quantum technologies and nurture a vibrant innovation ecosystem," said Bhaskar Katamneni, Secretary, IT, Electronics & Communications, in GOMs No 23 on Monday. He further mentioned in the GO that the government organised the Amaravati Quantum Valley (AQV) Workshop on June 30 as landmark initiative aimed at catalysing collaboration across multiple sectors within the government, the industry, academia and startups with an objective of establishing Amaravati as a prominent global hub in the emerging quantum technology landscape. The declaration outlined shared commitments, a long-term vision, and strategic priorities for quantum research, innovation, talent development, infrastructure creation, and international partnerships. As part of joint commitments from global partners, scholars, startups, industry leaders, and other stakeholders, the Amaravati Quantum Valley will establish a Living Lab Infrastructure. This includes setting up QChipIN, India's largest open quantum testbed, within a year. It will integrate quantum computers, QKD fiber links, and deployable sensor platforms to support pilot projects across health-tech, banking, financial services, and insurance (BFSI), logistics, defence, and space sectors. By January 1, 2026, IBM is expected to install its Quantum System Two at AQV, with a target of testing 100 quantum algorithms by the same time. By January 1, 2027, three quantum computers based on different qubit technologies - including superconducting circuits, trapped ions, photonic qubits, and neutral atoms - are planned. To boost domestic production, AQV will anchor the indigenous supply chain for qubit platforms, cryo-electronics, photonic packages, quantum chips, quantum dots, readout hardware like single-photon detectors, and control systems, to reach Rs 5,000 crore in annual exports by 2030. In addition to talent development, AQV will spearhead the creation of a National Startup Forum with milestone-based VC funding and mentorship. The quantum valley aims to attract a minimum of $500 million in investments by January 1, 2027, and $1 billion by January 1, 2029, focusing on quantum computing, chips, sensing, and communications. Besides, Andhra Pradesh will also establish a Global Quantum Collaboration Council (GQCC) in Amaravati to align international standards, foster joint R&D, and promote trusted supply chains. Starting in 2026, Amaravati will host an annual World Quantum Expo, with the goal of becoming India's quantum capital and a global hub for deep tech innovation by 2035.


Time of India
13 minutes ago
- Time of India
Rupee weakens by 46 paise to close at 85.85/$
Mumbai: The Indian currency weakened nearly half a rupee to close at 85.85 per dollar on Monday, from its previous close of 85.39/$1 as uncertainty about US tariff policies resurfaced with President Donald Trump's threat of an additional 10% levy on Brics countries. The rupee opened at 85.57/$1, and weakened till 86.03/$1 on Monday, before pairing its losses and closing at 85.85/$1, likely due to intervention by the Reserve Bank, traders said. "Markets were expecting something on the trade deal with the US, but nothing came up, and the BRICS statement deteriorated sentiments. We were the second worst performing currency in Asia, and due to potential RBI intervention, we erased some losses and to be the third worst-performing Asian currency," said Dilip Parmar, currency research analyst at HDFC Securities. Japanese Yen and the Thai baht were the two worst performing Asian currencies. Traders expect the rupee to move in the range of 85.50/$1 to 86.25/$1 on Tuesday, ahead of July 9, when Trump will unveil his new stand on tariffs. In a social media post, President Donald Trump stated a new tariff policy, calling for countries "aligning themselves with the Anti-American policies" of the BRICS developing nations to be charged an extra 10% tariff, with no exceptions to be granted. India, along with Brazil, China, Russia, South Africa are part of BRICS. The dollar index gained slightly at 97.6, from 96.9 previously. "The BRICS comment has put the India-US deal in jeopardy and we are awaiting clarifications from India-US on the matter. The rupee has fallen as the market is not expecting the deal to be done soon," said Anil Bhansali, head of treasury at Finrex Treasury Advisors.


Time of India
16 minutes ago
- Time of India
Indian stock valuations trading above average, but no overheating yet: Motilal Oswal Financial Services
Valuations of Indian equities are trading above their long-term averages, indicating stocks are far from cheap at current levels. The Nifty is trading at an estimated Price to Earnings (PE) ratio of 21.7 times, above its averages for five, ten and fifteen years, according to Motilal Oswal Financial Services . The price-to-book multiple for the Nifty stands at 3 times, compared to a decade average of 2.7 times, it said. 'While valuations have crept above long-term averages, we do not consider it to be in the overheated zone,' said the brokerage's note. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Amazing Moments Captured in Perfectly Timed Photos Read More Undo The Nifty's PE ratio in September 2024, when the indices hit their peaks, was at 23-24 times. The market capitalisation-to-GDP ratio, a broad indicator of overall market valuations, is estimated at 127% for FY26, above the historical average of 87%. Agencies The measure, also known as the Buffett indicator after Warren Buffett, is down from a peak of 146% in September. The PE ratios of mid-cap and smallcap indices show their valuations are at a premium to the large-cap stocks. Motilal Oswal's head of institutional research Gautam Duggad said the firm is raising allocation to midcaps, citing superior growth. The brokerage prefers a blend of large- and mid-caps.