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US against data localisation, says top trade official as RBI deadline draws close

The Reserve Bank of India (RBI), in a circular in April, said all system providers will have to ensure that the entire data relating to payment systems operated by them are stored in a system only in India.

 
 
PepsiCo's Indian-born former CEO Indra Nooyi has said she would cause a third World War if she joins politics as she is too outspoken .
Indians may benefit from the new rules, which will focus on highly-skilled migration as opposed to low-skilled workers.
Gita Gopinath has been appointed as IMF Chief Economist by International Monetary Fund (IMF) Managing Director Christine Lagarde.
The latest withdrawal comes following a net infusion of close to Rs 5,200 crore in the capital markets (both equity and debt) last month and Rs 2,300 crore in July.
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