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Showing posts from July, 2021

Raj Kundra Arrested In Pornographic Case.

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  Businessman Raj Kundra, husband of actor and businesswoman Shilpa Shetty, was arrested by the Mumbai police on Monday  in connection with an adult film racket. What is the case, and does Kundra face any other similar case? Case in which Raj Kundra has been arrested. On February 4 of this year, the Mumbai police said they had arrested five people for allegedly forcing women into porn movies. They would promise these aspiring actresses, who came to Mumbai from various parts of the country, roles in web series. However, on the day of the shoot, they would change the script and threaten the women to expose themselves. If the women refused, they were asked to foot the bill for the shooting preparations. Once the movies were shot, the accused made them available on mobile apps, offering subscriptions on the lines of mainstream OTT platforms. They would then put up advertisements on social media platforms. Since pornography is illegal in India, this too was against the law. How and where we

RBI Bans Mastercard.

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  What has happened? The RBI has barred Mastercard Asia Pacific from onboarding new credit, debit and prepaid card customers with effect from July 22 as it failed to comply with data storage norms. Mastercard is the third card network to be barred by RBI this year, after American Express and Diners Club were similarly prohibited  from onboarding new customers in April. This leaves just Visa and Rupay as the only card networks allowed to take in new customers. But Why This Step By RBI? The data storage rule enforced in 2018 mandates that - "Payments system providers store the entire payment data in systems located only in India, except for processing cross-border payments." Data sent abroad for processing should be deleted abroad  within the prescribed timeline and stored only in India. Mastercard's Response. "While we are disappointed with the stance taken by RBI in their communication dated July 14, we will continue to work with them to provide any additional detai