MeitY Weighs Industry Demand to Integrate IT Export Reporting into GST Portal Amid Calls to Scrap New RBI Form

The Ministry of Electronics and Information Technology (MeitY) is examining an information technology industry demand to make the goods and services tax portal a single digital window for all IT export reporting and certifications, officials told ET.The move to streamline the export regist...

NITI Aayog’s New AI Report Projects $600 Billion GDP Boost by 2035 but Sparks Debate Over Policy Gaps and Industry Bias

NITI Aayog has released a new report projecting that Artificial Intelligence (AI) could add between $500 and $600 billion to India’s GDP by 2035. AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth positions AI as the key lever for India to achieve 8% annual growth....

India’s MeitY Advisory on AI Sparks Industry Debate Over Regulation, Clarity, and Innovation Risks

INTRODUCTIONOn March 1, 2024, the Indian Ministry of Electronics and Information Technology (“MeitY”) issued an Advisory for intermediaries and platforms involved in the business of Artificial Intelligence (“AI”) Technology. While termed an “advisory”, the documen...

Indian Parliamentary Panel Proposes Mandatory Labelling and Licensing for AI-Generated Content to Combat Deepfakes and Misinformation

A key parliamentary committee in India has called for mandatory labelling of all artificial intelligence (AI)-generated content and licensing requirements for AI creators, in a move designed to curb the growing threat of misinformation and safeguard public trust in digital media. The Standing Commi...

NITI Aayog Launches ‘AI for Viksit Bharat Roadmap’ and Frontier Tech Repository to Accelerate India’s Tech-Driven Growth

NITI Aayog today launched two transformative initiatives, AI for Viksit Bharat Roadmap: Opportunity for Accelerated Economic Growth and NITI Frontier Tech Repository under its Frontier Tech Hub. The Roadmap was launched by Smt. Nirmala Sitharaman, Minister of Finance and Corporat...
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EY and Microsoft Launch Free AI Skills Passport to Empower India’s Youth for the Future of Work

EY and Microsoft have jointly announced the launch of the AI Skills Passport, a free digital learning initiative designed to equip India’s youth and early-career professionals with essential skills in artificial intelligence. Targeted at individuals aged 16 and above, the programme seeks to b...

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Mukesh Ambani, Chairman Of Reliance Industries, Announces 110 B$ AI Investment At India AI Impact Summit

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