Business

Prasad warns FB of strong action if it sways electoral process

New Delhi: India on Wednesday warned social media platforms like Facebook of 'strong action' if any attempt was made by them to influence the country's electoral process through undesirable means.

Amid probe by US privacy watchdog over a potential breach of user confidentiality by Facebook, IT and Law Minister Ravi Shankar Prasad said the government fully supports freedom of press, speech and expression and is for exchange of ideas on social media.

But any attempt by social media sites, including Facebook, to influence India's electoral process through undesirable means will not be tolerated, he told reporters in Parliament House complex.

"If need be, strong action will be taken," he said.

The US Federal Trade Commission (FTC), an independent government body charged with insuring that companies abide by their own privacy policies, is looking at whether Facebook violated a 2011 consent decree after media reports alleged that it had handed the data of millions of users to a political consultancy.

Reports had alleged that Cambridge Analytica used data mined from Facebook in the voter research it conducted for President Donald Trump during the 2016 elections campaign.

Prasad alleged that Congress party had links with Cambridge Analytica.

"My question to Congress party is whether to win elections, Congress will depend on data manipulation and theft of data," he said. "What is the role of Cambridge Analytica in social media profile of Rahul Gandhi," he asked.

He alleged that Cambridge Analytica, the agency roped in by Congress to run their 2019 campaign and termed as their 'Brahmastra' in certain section of media, is accused of using bribes, sex workers to entrap politicians and stealing data from Facebook. -PTI

Sensex rallies over 300 pts, Nifty above 11,500 mark

Domestic equities continued their bull run on Monday with the BSE Sensex rising over 300 points and the Nifty reclaiming the 11,500 mark amid unabated...

RBI Governor to hold pre-policy meet with trade bodies, rating agencies on March 26

Reserve Bank of India (RBI) Governor Shaktikanta Das will hold discussions on March 26 with representatives of trade bodies and credit rating agencies...

Government refers BSNL 4G spectrum to telecom regulator under pressure

New Delhi, The Department of Telecom has sent a communication to the sector regulator TRAI seeking its views on the possibility of giving 4G spectrum ...

No dilution on February 12 circular over stressed assets: RBI

The Reserve Bank of India on Saturday maintained that there is no dilution in its stand with regard to February 12 circular on stressed assets recogni...