The Department of Telecommunications and SEBI have signed an MoU to share telecom intelligence to curb financial frauds. The system will enable early detection of suspicious mobile numbers and strengthen coordination to prevent cyber-enabled investment scams across India’s financial markets
The government withdrew its order requiring smartphone makers to pre install the Sanchar Saathi app after a sudden rise in voluntary downloads. The earlier order had drawn criticism from opposition leaders who raised concerns about possible snooping and privacy issues
Union minister Jyotiraditya Scindia said the mandatory pre-installed Sanchar Saathi fraud-reporting app can be deleted by users. The DoT has ordered all new and updated mobile devices to include the app, aiming to expand awareness and protection against phone-related fraud
