Artificial Intelligence

Time has come to look at separate AI legislation, says IT Secy S Krishnan

India appears set to move towards a dedicated regulatory framework for artificial intelligence, with IT Secretary S Krishnan on Friday saying the time has come to look at a separate AI regulation. Krishnan noted that while existing legal provisions have so far been adequate in addressing initial concerns on issues like deepfakes and AI-generated synthetic content, an "additional regulation or law may be needed". "It is a conversation which has commenced, and my Minister (IT Minister Ashwini Vaishnaw) and I have both been on record earlier that we will look at AI regulation when the time is right, and it appears that the time is getting right, and we will start looking at it," Krishnan said. He added: "We have used the IT rules, and other provisions of existing law to address various concerns that AI raises, but now, probably the time has come to look at a separate legislation." Asked about the timelines for bringing out a new AI regulation, the IT secretary said: "As Ministry, at a

Updated On: 03 Jul 2026 | 3:55 PM IST

HCLTech wins $1.14 billion deal from Fortune Global 50 European client

IT services major HCLTech on Friday said it has secured a USD 1.14 billion deal from a Europe-headquartered Fortune Global 50 company to transform and manage its digital workplace and enterprise networks. HCLTech did not disclose the name of the firm. Under the partnership, HCLTech will establish an Artificial Intelligence (AI)-driven operating model for the client, according to a regulatory filing. The initial term of the agreement spans five-and-a-half years, from July 2026 to December 2031, with an option to extend the partnership for a further period of five years. "The estimated value of the agreement during the initial term is USD 1.14 billion. This is entirely a net new business for the company," HCLTech said.

Updated On: 03 Jul 2026 | 10:44 AM IST

AI agent tech progressing slower than expected, says Mark Zuckerberg

Zuckerberg added that a company reorganization ‌that included major job cuts was not as "clean" as it could ​have been and that executives had miscalculated on the ​timing of the changes

Updated On: 03 Jul 2026 | 8:13 AM IST

Datanomics: India second hardest hit as AI-driven tech layoffs accelerate

Oracle joins a growing list of tech firms cutting jobs as AI adoption accelerates, with 2026 layoffs already surpassing the total recorded in 2025

Updated On: 02 Jul 2026 | 11:44 PM IST

India, Japan unveil 16 summit outcomes to deepen strategic partnership

The two countries agreed to strengthen cooperation in energy security, AI, defence, supply chains, mobility and investments while advancing economic resilience and Indo-Pacific stability

Updated On: 02 Jul 2026 | 11:38 PM IST

'Methyl isocyanate of law': Supreme Court sets aside AI-generated verdicts

The Supreme Court set aside an NCLT order over AI-generated fake precedents, directing zero tolerance for citing hallucinated judgments in courts

Updated On: 02 Jul 2026 | 11:09 PM IST

Amazon India legal chief steps up fight against fakes and AI-enabled scams

As Amazon commits $48 billion to India through 2030, legal chief Rakesh Mohan Bakshi says combating counterfeiting and AI-enabled fraud has become central to the company's strategy

Updated On: 02 Jul 2026 | 10:30 PM IST

IT industry to undergo workforce transition due to AI: Neelkanth Mishra

Neelkanth Mishra says AI will reshape India's IT workforce through reskilling and new roles, while urging stronger research, deep-tech capital and domestic AI capabilities

Updated On: 02 Jul 2026 | 10:10 PM IST

Explained What is India's new Customs Integrated System?

India is preparing to build a new digital backbone for cross-border trade through the Customs Integrated System (CIS). Five technology firms

Updated On: 02 Jul 2026 | 9:21 PM IST
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Why United Nations wants stronger global oversight as AI evolves rapidly

UN's scientific assessment says AI capabilities are advancing faster than governments can regulate them, urging stronger global cooperation, independent oversight, and standardised evaluations

Updated On: 02 Jul 2026 | 4:31 PM IST

AI was meant to cut costs. Why is it becoming the biggest new expense?

Firms embraced AI to boost productivity and cut costs; but with spending on subscriptions, infra and governance rising, is AI delivering returns, or simply creating another recurring business expense?

Updated On: 02 Jul 2026 | 4:07 PM IST

Serial entrepreneur Turakhia launches AI work platform Neo with $30 mn

Serial entrepreneur says AI-native platform integrates work, knowledge and execution into a single suite to help enterprises realise productivity gains

Updated On: 02 Jul 2026 | 12:37 PM IST

OpenAI discusses giving US govt 5% stake as Trump weighs public share in AI

OpenAI's proposal comes as the Trump administration weighs measures to ensure Americans benefit from profits made by AI companies while increasing scrutiny of advanced models

Updated On: 02 Jul 2026 | 12:11 PM IST

Why businesses are choosing cheap Chinese AI models over AI giants

Chinese AI models are winning users with lower costs and improving performance. But as they gain ground in cybersecurity benchmarks, concerns over data security and AI policy are growing

Updated On: 02 Jul 2026 | 12:05 PM IST

Palantir CEO criticises OpenAI, Anthropic's token-based AI pricing

Alex Karp also cautioned against underestimating China's rapid progress in AI, saying the country is advancing faster than many in the industry acknowledge.

Updated On: 02 Jul 2026 | 11:41 AM IST

US govt in advanced talks with AI companies for voluntary model standards

Washington has tightened oversight of new model releases to ‌flag risks amid concerns advanced AI ​could be misused by military ​intelligence in China, Russia or other countries of concern

Updated On: 02 Jul 2026 | 8:47 AM IST

AI becomes largest hiring driver as GCCs ramp up demand for digital talent

India's GCC hiring continues to grow despite a broader slowdown in white-collar recruitment, with AI skills driving nearly two-thirds of new jobs in 2026

Updated On: 01 Jul 2026 | 10:59 PM IST

Why Ford brought back 300 engineers after betting big on AI

Ford spent years investing in AI to improve vehicle quality. But after discovering that technology alone wasn't enough, the automaker brought back over 300 veteran engineers. Why did AI fall short

Updated On: 01 Jul 2026 | 9:06 PM IST
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AI on India’s highways | Here’s what it means for drivers

The National Highways Authority of India (NHAI) is deploying the Advanced Traffic Management System (ATMS) across 1,205 km of highways in Delhi-NCR. But what is ATMS

Updated On: 01 Jul 2026 | 8:12 PM IST
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SBI rolls out AI-powered features on YONO, expands trade finance services

The bank introduced an AI-powered virtual assistant, digital account opening, mobile trade finance and sustainability features as part of its push to strengthen digital banking services

Updated On: 01 Jul 2026 | 8:11 PM IST