Regulatory Framework News

OpenAI has acknowledged the increasing real-world risks associated with unintended AI behavior, including a recent "wiki incident," and is developing a framewor

India is developing a new framework to prevent legal chemicals from being diverted for illicit drug production, involving chemical producers, pharmaceutical fir

Sebi is set to introduce guidelines for responsible AI and machine learning use in India's securities market, including mandatory safeguards like a "kill switch

India's engineering services exports have grown significantly over the past decade, with a 22.8% compound annual growth rate. Niti Aayog has proposed a central

NITI Aayog has proposed changes to the regulatory framework for professional services in India, focusing on licensing, recognition of qualifications, interstate

The MSME minister discusses how India's amended law could create a more dynamic MSME sector, crucial for achieving Viksit Bharat 2047, by providing a superior r

The RBI has classified Tata Sons as an Upper Layer NBFC, subjecting it to stricter regulatory oversight. Its obligation to list on stock exchanges is contingent

Mastercard India head Gautam Aggarwal stated that UPI is not a challenge but a complementary system that has significantly expanded India's digital payments mar

The Reserve Bank of India (RBI) is developing comprehensive AI guidelines for banks and non-bank lenders, moving towards a broader regulatory framework to manag

The first draft rules for India's SHANTI Act, 2025, are ready for consultations with ministries and industry stakeholders. This act aims to significantly boost

Maharashtra's Home Department has frozen the issuance of new orchestra licenses and halted renewals to prevent dance bars from exploiting loopholes in the prohi

The House finance panel has stated the need for a regulatory framework for virtual digital assets.