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Sebi weighs introducing long-term futures and options contracts: Tuhin Kanta PandeySebi is evaluating longer-term futures and options contracts, broader commodity derivatives and bond index derivatives to deepen markets. T...
Canada's move to rein in AI chatbots, spurred by school shooting, faces doubts over loopholesCanada's new AI chatbot and social media regulation bill, prompted by a school shooting, faces criticism for potential loopholes and a leng...
Delhi government mulls mandatory fire safety norms for low-rise residential buildingsDelhi government is looking at making fire safety devices like smoke detectors and extinguishers compulsory in smaller homes. This move fol...
How Canada's draft chatbot law stacks up on global sceneCanada's proposed law requiring chatbot providers to protect users from "harmful" content is the latest step by global governments to regul...
Anthropic announces 'Claude Corps' to teach nonprofits to use AI more effectivelyAI company Anthropic is launching a new program called Claude Corps. This initiative will place 1,000 fellows with non-profit organizations...
AI risks are here, time for tough rules: Anthropic CEO Dario AmodeiAs artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to ad...
RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
NMC vacancies delaying medical admissions, SC Amicus tells courtLongstanding vacancies at the National Medical Commission are causing significant delays in medical admissions and regulatory processes. Ke...
Thailand updates carry-on rules for power banks. Here's what changesNew rules in Thailand now limit power bank sizes and ban them from checked luggage. Passengers can carry power banks up to 100Wh in hand lu...
Importers fret over China's new critical mineral frameworkNew Chinese regulations on mineral resources are causing worry for Indian businesses. Beijing is linking vital mineral supplies to its nati...
Emirates to offer incentives, safety assurances as Iran war hits travelEmirates plans incentives beyond lower fares to attract passengers concerned about the Iran war. The airline prioritizes reliability and cu...
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...
Govt publishes rules for setting up of coal exchangesIndia's government has published new rules for coal exchanges. This move aims to make coal trading more transparent and efficient. Coal pro...
India gets EU approval to export aquaculture products, eggs, honey beyond SeptemberIndia will continue exporting aquaculture products, eggs, honey, and animal casings to the European Union. The EU has revised its regulatio...
Global Markets: UK financial regulator softens proposed change to UK money market fund rulesIn May the government said it would impose tougher rules on money market funds, which were hit by heavy redemptions during a COVID-19-ind...
LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...
Kuwait launches online visa service for domestic workers, drivers; revises sponsorship rulesKuwait has introduced a new digital service for managing domestic workers and drivers. Citizens and expatriates can now use the Sahel app f...
Donald Trump says his team will 'look into' US taking stake in AI companiesDigital news outlet NOTUS reported on Thursday that senior U.S. officials held preliminary discussions with AI companies about the potentia...
IT secretary signals stricter govt controls for AI, biometric devicesIndia's IT secretary, S Krishnan, emphasized the need for strategic autonomy and control over AI and biometric hardware. Citing concerns ov...
AAP in Punjab orders private schools to refund fees increased beyond 5%, says Arvind KejriwalPunjab has enacted a new law to control private school fee increases. The government has capped annual fee hikes at five percent. Schools t...