AI Models in India Will Require MeitY Approval, Government Says in Advisory: Report

AI Models in India Will Require MeitY Approval, Government Says in Advisory: Report

Artificial intelligence (AI) models and generative AI models that are in any phase of testing or unreliable in any way will need to receive “explicit permission of the government of India” before it is deployed in India, India’s Ministry of Electronics and Information Technology (MeitY) issued in an advisory, as…

India Will Not Impose Licensing Requirement on Imports of Laptops and Computers

India Will Not Impose Licensing Requirement on Imports of Laptops and Computers

India will not impose the licensing requirement on imports of laptops and computers but will only monitor their inbound shipments, a top government official said.  The remarks assume significance as the government in August announced that these products, including laptops, tablets and computers, would be put under licensing regime from…

India’s Homegrown Web Browser May Come With Crypto-Loaded Features: Details

India’s Homegrown Web Browser May Come With Crypto-Loaded Features: Details

India is gradually but consistently marching ahead in its blockchain and Web3 exploration. While the country is still working on formulating crypto rules and conducting trials over its eRupee CBDC, India’s IT ministry has a new plan for launching a homegrown Web browser. This Indian Web browser will be packed…

IT Ministry Launches Indian Web Browser Development Challenge for Startups, Developers

IT Ministry Launches Indian Web Browser Development Challenge for Startups, Developers

The Ministry of Electronics and Information Technology (MeitY) launched the Indian Web Browser Development Challenge (IWBDC) on Wednesday, according to a release. The IWBDC is an open challenge competition that seeks to inspire and empower technology enthusiasts, innovators, and developers from all corners of the country to create an indigenous…

Vedanta-Foxconn, Other Chip Firms Expected to Re-Apply for Government Funding Under Revised Scheme

Vedanta-Foxconn, Other Chip Firms Expected to Re-Apply for Government Funding Under Revised Scheme

Some applicants including Vedanta Foxconn JV are expected to re-apply for government incentives under the modified semiconductor scheme opening from June 1, according to sources. Under the Modified Semicon India Programme, the government has increased the financial incentive of 50 percent of the project cost for companies, consortia, joint ventures…

BGMI Returning to India ‘Soon’ After 10-Month Ban, Krafton Confirms

BGMI Returning to India ‘Soon’ After 10-Month Ban, Krafton Confirms

Battlegrounds Mobile India (BGMI) is coming back and will be available for download soon in the country. Korean publisher Krafton has confirmed that the Indian government has allowed them to resume operations of the uber-popular battle-royale game, following its ban in July last year, owing to privacy and security concerns….

New Online Gaming Rules to Spur Innovation, Boost Investor Confidence

New Online Gaming Rules to Spur Innovation, Boost Investor Confidence

The industry on Thursday said the new rules for online gaming will spur innovation, boost investor confidence and weed out gambling platforms while making the sector globally competitive. The norms are expected to help reduce regulatory fragmentation at the state level, and foster a more stable business environment, the industry…

Government Said to Revoke Ban on LazyPay, Kissht, Other Fintech Firms

Government Said to Revoke Ban on LazyPay, Kissht, Other Fintech Firms

The government will revoke the ban imposed on fintech firms LazyPay and Kissht after representations were made by these companies, a senior official said on Friday. The government last week ordered the blocking of 232 apps operated by overseas entities, including Chinese, for being involved in betting, gambling and unauthorised…