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AI ACT OBLIGATIONS
AI world vastly different from IT Act era, believe new law is needed: Union minister VaishnawIndia's IT Minister Ashwini Vaishnaw believes a new law is needed for Artificial Intelligence. The current IT Act, enacted in 2000, predate...09 Jun, 2026, 08.25 PM IST- No tech rule exemption for Apple, EU regulators say amid spat over Siri AI delayEuropean Union regulators have rejected Apple's plea to delay the launch of its new Siri AI in the EU. Apple had sought an 18-month exempti...09 Jun, 2026, 07.32 PM IST
- India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...04 Jun, 2026, 11.40 PM IST
- Trump signs AI order giving government access to powerful modelsUS President Donald Trump on Tuesday signed an executive order creating a voluntary framework under which AI developers will share advanced...03 Jun, 2026, 08.10 AM IST
- Trump signs AI order after earlier postponementPresident Donald Trump has rolled out a new initiative for AI firms, allowing entities such as OpenAI and Google to present their most soph...02 Jun, 2026, 10.10 PM IST
- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...01 Jun, 2026, 10.07 PM IST
- AI in literature debate: Does the book still matter?The debate over AI-written stories is missing the point. Literary awards must now focus on what truly matters in a book. The final work's i...29 May, 2026, 11.37 PM IST
- Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...28 May, 2026, 05.17 PM IST
- Right to trauma care of citizens integral part of right to life, Supreme Court saysThe Supreme Court has asked all states and Union Territories to launch a unified helpline, 112, for emergency responses. A functional syste...28 May, 2026, 01.51 PM IST
- Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...23 May, 2026, 12.06 PM IST
- Who killed US President Donald Trump's AI order? Musk says it wasn't himPresident Donald Trump's executive order on powerful AI models has collapsed. Allies in Silicon Valley reportedly convinced the president t...23 May, 2026, 10.16 AM IST
- Online gaming companies seek a clear regulatory playfieldIndia's online gaming sector is approaching the Ministry of Electronics and Information Technology for guidance on new gaming rules. Compan...12 May, 2026, 08.37 PM IST
- Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...11 May, 2026, 07.42 AM IST
- IT rules amendments may create obligations outside law: NasscomIndustry body Nasscom and digital rights groups argue that draft IT second amendment rules shouldn't create new obligations outside the IT ...11 May, 2026, 06.00 AM IST
- IT companies fast aligning compliance architecture with DPDP enrouteAs India's May 2027 Digital Personal Data Protection Act deadline looms, IT majors like Infosys, Wipro, SAP, and TCS are actively strengthe...05 May, 2026, 06.00 AM IST
- EU rules reining in Big Tech will now target cloud services and AI, regulators sayThe European Union is expanding its Digital Markets Act to cover cloud and artificial intelligence services. This move aims to ensure faire...28 Apr, 2026, 11.09 PM IST
- Did Microsoft lose its AI edge? What changed in the Microsoft OpenAI deal— and why Microsoft stock fell while Amazon stock surged?What changed in the Microsoft OpenAI deal? Microsoft stock fell 2–3% after the Microsoft OpenAI deal ended exclusivity, shaking the AI mark...27 Apr, 2026, 09.11 PM IST
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