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SUPREME COURT WARNS ON AI RISKS
Can India govern AI it does not own? RBI’s model risk framework and its limitsRBI's new AI governance rules for banks place significant accountability on financial entities for all predictive models, including third-p...- Karnataka Minister Priyank Kharge dismisses TNCC's opposition to Mekedatu project, says "personal opinions don't matter""Whether it is me, you, or anyone else, we must proceed in accordance with the directions of the Supreme Court. They themselves have said t...
- Non-AI Nifty suddenly beating Nasdaq, South Korea & Taiwan bourses: Is the global tech trade finally reversing?India's Nifty is surprisingly outperforming global tech giants like Nasdaq, South Korea, and Taiwan, marking a potential reversal in the AI...
- Mojtaba Khamenei to skip father Ali Khamenei's funeral over security concerns: ReportIran's current Supreme Leader, Mojtaba Khamenei, will skip his father's funeral due to Israeli threats, according to a representative. This...
- Unchecked AI use in courts could be 'catastrophic': SCThe Supreme Court has issued a stern warning regarding the unchecked use of artificial intelligence in legal proceedings, deeming it potent...
- Influencer boom masks growing ad fatigue as brands chase clicks over brand-building: KantarIndian marketers might be overestimating influencer impact, as a Kantar report reveals Gen Z fatigue with sponsored and AI ads. While creat...
- 'Methyl Isocyanate of law': SC slams AI 'hallucinations', quashes NCLT verdictThe Supreme Court has declared zero tolerance for AI-generated fake or hallucinated judgments used as legal precedents. Setting aside an NC...
- India emerges as AI opportunity hub, but UN panel warns of gaps in infrastructure, talent and safeguardsA UN-backed panel's initial report highlights India's AI healthcare successes but warns of a growing 'AI divide'. While India possesses tal...
- California man with bipolar disorder says ChatGPT fueled delusions, led to self-harm in new lawsuitMichael Lines, 34, said in the complaint filed in state court in San Francisco that conversations he had with ChatGPT last year escalated a...
- WhatsApp usernames face heat; Byju’s inventory in limboIndia is weighing legal guardrails for WhatsApp usernames amid fresh fraud fears. This and more in today’s ETtech Top 5.
- AI sovereignty hinges on domestic compute, governance capacity: UN AI panelThe report, published by the Independent International Scientific Panel on AI, which was established by the UN General Assembly last year a...
- China imposes 'national security' rules on overseas investmentsChina is intensifying its scrutiny of investments overseas with broad "national security" regulations taking effect from Wednesday, at a ti...
- US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolatedThe US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors ...
- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
- Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
- Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveOyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...
- RBI flags AI stock boom as financial stability risk, says Indian banks remain resilientIndia's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...
- The AI boom won't burst all at once. It will pop in 'rolling bubbles': MacquarieMacquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a single crash, as different segments ...
- AI investment boom may fuel financial risks: BISThe Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues...
- OpenAI, Anthropic limit new AI models to Trump-approved customers during cybersecurity reviewAI giants OpenAI and Anthropic are facing unprecedented government scrutiny over their powerful new models. The Trump administration has re...
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