Information Technology

A high-level inter-ministerial body, AI Governance and Economic Group, headed by Union IT Minister Ashwini Vaishnaw, has been constituted to steer the country's national AI governance strategy, an official statement said on Thursday. AI Governance and Economic Group (AIGEG) will coordinate policy across ministries, departments and sectoral regulators and oversee cross-sectoral governance issues. "The AIGEG will operate as the apex inter-ministerial body within India's AI governance institutional framework. It will be supported by a Technology and Policy Expert Committee (TPEC), which will offer expert advisory to the AIGEG on global developments, emerging technologies, risks, regulation and other evolving priorities relating to AI policy and governance," the statement said. The inter-ministerial body will be chaired by the union electronics and IT minister Ashwini Vaishnaw whose portfolio spans railways and Information and Broadcasting. Minister of State for Electronics and IT Jiti

Two major employee associations of the Income Tax Department have written to the government stating that they would resort to a graded agitation schedule beginning April 16 if their "long pending" issues and "precarious" working conditions are not resolved. The Joint Council Action (JCA), comprising the Income Tax Employees Federation (ITEF) and Income Tax Gazetted Officers' Association (ITGOA), represents about 97 per cent of the department's workforce that works to collect revenue for the government under the direct tax category. Officers from the Indian Revenue Service (IRS) constitute the third association, and they lead the department as heads of various verticals. The JCA, in its letter dated April 6, to the Revenue Secretary under the Union Finance Ministry, said that the forum was approaching his office with its ten-point grievances due to the "persistent apathy" of the Central Board of Direct Taxes (CBDT) in resolving these issues. The CBDT frames policy for the tax ...

Media and policy groups warn draft amendments could expand censorship powers, threaten free speech, and bring independent creators under tighter government control

IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance

IT major signs five-year lease with Onward Coworkx in Noida, reflecting sustained demand for office space amid strong leasing activity in metro cities

USTR flags lack of deemed consent for credit information firms under DPDP Act, says provisions and data rules may affect operations of US credit bureaus in India

Infosys's stock price has corrected 25 per cent thus far in the calendar year 2026, as against 11.4 per cent fall in Nifty 50, on likely threat to revenue growth.

Concerns over rising inflation stemming from potential energy supply disruptions and rationing prompted investors to book profits, while FII outflows added to the market pressure, said Geojit.

Foreign portfolio investors sold IT stocks worth ₹16,949 crore ($1.85 billion) for the month

A new GDP base year, US-Israel strikes on Iran, India's urban planning crisis, and artificial intelligence's impact on the IT sector dominate today's Opinion page

McKinsey's Noshir Kaka says AI disruption could unlock a $15 trillion opportunity, but IT services firms must overhaul business models, talent, and pricing to win

Wipro, Cyient, Hexaware Technologies, KPIT Technologies and L&T Technology Services from the IT sector and Info Edge (India) and C.E. Info Systems from the IT-related sector hit 52-week lows on Monday

The pivot to AI-driven models marks a structural shift - one that is fundamentally changing the $285 bn industry

Meta's Rob Sherman says India's new rule requiring takedowns within three hours may lead to inadvertent removal of genuine content as companies struggle to verify requests

AI fears widen beyond IT to wealth management, while APMI tightens fund-flow norms and GIFT City rolls out a single-window 'master key' registration

Ahead of the AI Impact Summit, IT Secretary S Krishnan has said the key message India wants to send to the world is that artificial intelligence must remain human-centric and inclusive, with democratic access to AI resources. In an interview with PTI, Krishnan said AI should be a positive force for the global economy, with the potential to drive growth across all parts of the world, including India and the Global South. "The key message that we want to send is that whatever happens with AI needs to be human-centric and inclusive. There needs to be a democratic access to AI resources, and it needs to be done in a way that people and humans are at the centre of this process," Krishnan said. As countries prepare for deeper AI-adoption across sectors, India is positioning itself as a voice for equitable growth in the emerging technology landscape. According to Krishnan, the broader goals are to ensure that AI becomes a truly inclusive technology, with the benefits of prosperity reachin

Nifty IT slides 6% as AI disruption fears and fading US rate-cut hopes trigger sharp sell-off in frontline tech stocks

The India AI Mission has issued an alert warning participants that no fee is charged for registration, participation or speaking at the AI Impact Summit starting February 16 in New Delhi

Indian IT stocks recorded their worst weekly performance in four months, losing over Rs 6.4 trillion in market capitalisation

Cyient, Birlasoft, Cigniti Technologies, eClerx Services and Tata Technologies were down between 4 per cent and 6 per cent in Friday's intra-day trade.