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The Internet and Mobile Association of India (IAMAI) has raised concerns that India’s new data protection law could stifle the country’s artificial intelligence (AI) ecosystem, particularly affecting startups and smaller technology firms. In a recent submission to the Ministry of Electronics and Information Technology (MeitY), IAMAI highlighted that ambiguities in the Digital Personal Data Protection…
As India’s Goods and Services Tax (GST) completes eight years since its launch in July 2017, a report by PwC highlights the key demands and reforms expected by the industry going forward. The report comes at a time when GST collections are exceeding Rs 2 lakh crore a month, prompting businesses and experts to push…
London-founded law firm Clifford Chance on Wednesday reported its highest-ever revenue and profits, with U.S. revenue up 18%. The firm said it increased overall revenue by 9% to 2.4 billion pounds sterling ($3.25 billion) and partnership profit by 11% to 944 million pounds ($1.28 billion) in its financial year that ended April 30. Like other…
In September 2024, the Government of India, led by the Ministry of Science and Technology, enacted a milestone by unveiling BharatGen—an original and ambitious legislative and policy initiative to create India’s suite of multimodal large language models (LLMs). Conceived as the nation’s inaugural state-funded generative AI programme, BharatGen is expressly intended to promote digital inclusivity,…
