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Top headlines: Big tech in data localisation row, banks told to up UPI cap

States start easing Covid-19 curbs as cases decline. More on that in our top headlines.

Xelpmoc Design's IPO will allow subscribers to pay via UPI for first time
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BS Web Team New Delhi
As the government ramps up prepartions to launch LIC's IPO, it has asked banks to raise the limit on UPI transactions to ensure adequate applications from retail investors. Head further down for more on that and other stories in our morning news wrap.  

Big Tech in data localisation row

Serious differences have arisen between domestic companies such as Reliance Industries Ltd and Paytm, and global tech and media companies such as Google, Meta, Disney+Hotstar and others, on the contentious issue of data localisation in the proposed Data Protection Bill.

In a meeting of the public policy committee of