Consumer advocacy groups demand ban on opinion trading platforms in India

Industry stakeholders have also voiced concerns. The Confederation of All India Traders (CAIT) previously wrote to Union Ministers Ashwini Vaishnaw and Piyush Goyal, calling for a nationwide ban on opinion trading apps.

Many advertisements, including influencer promotions, falsely portray earnings as risk-free, potentially violating ASCI and CCPA guidelines on deceptive promotions.

“Don’t ban us, regulate us”: Opinion Trading platforms demand regulations

IT Agreement carries a significant impact, particularly regarding trade in IT products, digital industrial policy, and the need for flexibility in applying tariffs to regulate imports.

Storyboard18 had earlier reported about the rise of opinion trading games on real-money gaming platforms, which has drawn the attention of the Ministry of Electronics and Information Technology (MeitY).

MeitY reiterates its stance on web scrapping of personal data

IT Agreement carries a significant impact, particularly regarding trade in IT products, digital industrial policy, and the need for flexibility in applying tariffs to regulate imports.

The query focused on ensuring that social media companies provide full transparency, obtain informed user consent before scraping data, and implement accountability mechanisms to prevent the unethical use of scraped user data.

EXCLUSIVE: Parliamentary Committee meets OTT players; discuss AI and ‘vulgarity’ in content

68% of marketers say they must have transparency to justify the high cost of CTV advertising, signaling a clear demand for better visibility into where ads are running

The committee also discussed the use of artificial intelligence and other challenges faced by OTT players. Streamers argue that new regulations in this rapidly growing sector could hinder progress and discourage investment.