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digital competition law with a set of dos and don'ts under an ex-ante framework to address potential abuse of dominance or other antitrust concerns involving big tech companies. The new law, the panel says, would apply only to «systemically significant digital enterprises» (SSDE) that have «significant presence» in India, leaving small firms out of its ambit to not stifle innovation. The penalty for violations of the law could be as high as 10% of the relevant entity's global turnover, it suggests. The Ministry of Corporate Affairs released on Tuesday the panel's report and a draft bill, seeking public comments by April 15.

Narendra Modi will on Wednesday lay the foundation stone of the Tata-Powerchip Semiconductor Manufacturing Corp chip fabrication unit at Dholera and the CG Power-Renesas outsourced assembly and test (OSAT) facility at Sanand in Gujarat as well as the Tata OSAT unit at Morigaon in Assam. He will inaugurate all three units virtually, an official release from the government said. “13th March 2024 — a special day in India's efforts to become a hub for semiconductors. Tomorrow, will take part in the ‘India’s Techade: Chips for Viksit Bharat’ programme and lay the foundation stones for three semiconductor facilities worth over Rs. 1.25 lakh crore. Among the highlights of the programme will be the participation of students from over 60,000 institutions,” Modi posted on the micro-blogging site X.

The nation’s top public health agency is expanding a program that tests international travelers for COVID-19 and other infectious diseases

previous UPA government, Prime Minister Narendra Modi on Tuesday said that efforts were made to destroy ordnance factories and even Hindustan Aeronautics Limited (HAL) was brought to the brink due to misgovernance and dependence on imports to meet requirements of the armed forces. Speaking at Pokhran after witnessing a firepower demo by the three services utilising indigenous equipment, the PM said that prior to 2014, there were worries about ammunition reserves of the armed forces and scams had stymied procurement processes. «They destroyed our ordnance factories. We have given them a lifeline and have made them into seven big companies now. They brought HAL to the brink of disaster, we have converted it into a record breaking company,» the PM said after witnessing the 'Bharat Shakti' exercise.

Mint explains why. Firms building AI models, large language models and generative AI applications should ensure their platforms don’t generate “unlawful content" that violates the IT Act of 2000. It asked firms to not “permit any bias or discrimination or threaten the integrity of the electoral process." It said “under testing/unreliable" models would need “explicit permission" of the Centre—and a ‘consent popup’ would be mandatory for such AI applications.

Hong Kong’s central bank on Tuesday introduced a sandbox program for stablecoin issuers. This initiative offers a controlled environment for potential issuers to experiment with stablecoin projects in a risk-free manner.

U.S. lab said it detected benzene, a cancer-causing chemical, in several popular over-the-counter acne products, Health Canada said it is reviewing the findings.On March 6, Valisure, an independent lab, reported that benzene can form at high levels in benzoyl peroxide products (used to treat acne) and that it found it in products from the brands it tested.In an email to Global News on Monday, a Health Canada spokesperson said the department “has been made aware of the test results from Valisure, the U.S.

The tests will explore payment use cases using the Brazilian digital currency in situations where there is no internet connection or electricity grid. It will also enable payments to be made in crisis situations, such as power or internet outages, where cash was previously the only option.

The benchmark equity indices Nifty 50 and Sensex ended Tuesday’s trading session in positive territory. The Nifty 50 closed 3.05 points higher to settle at 22,335.70 points. While S&P BSE Sensex closed 165.32 points higher to settle at 73,667.96 points. Nifty Bank pulled back 45.45 points or 0.10% to settle at 47,282.40.

Stock market today: The Indian stock market witnessed sharp selling pressure on Monday as the majority of the indices ended red in the previous session. However, some bottom fishing is being witnessed in the key benchmark indices but the small-cap and the mid-cap indices are still under huge selling pressure.

Assam Rifles Examination, 2024, 2024 recruitment examination's answer key is expected to be released soon. Once released the answer key will be available on the two websites of the commission, ssc.gov.in and ssc.nic.in. The SSC GD 2024 examination was held from 20 February to 7 March.

Also Read: Sebi chief flags risk of bubble in stock market Furthermore, apart from recent actions against non-banking financial companies (NBFCs), the Enforcement Directorate's ongoing investigation into whether proceeds from the Mahadev betting case were routed into the small-cap and SME segments of the market also added to Monday's market downturn. The market regulator, late last month, asked mutual fund houses to put in place a framework to safeguard the interest of investors who invested in small and mid-cap funds amid the froth building up in the segments.

Stock market today: After sharp selling on Monday, the key benchmark indices of the Indian stock market bounced back strongly in early morning deals on Tuesday. The Nifty 50 index opened higher at 22,334 level and went to touch an intraday high of 22,435 mark whereas the BSE Sensex today shot up to the tune of 350 points in the early morning session.

Most electronic systems that take on some driving tasks for humans don’t adequately make sure drivers are paying attention, and they don’t issue strong enough warnings to make drivers behave

The DOL continued its fast-track pace on its fiduciary rule, sending a final version to the White House last week that will likely be released in a matter of weeks.

Vinesh Phogat on Monday made the cut for Asian Olympic Qualifiers in the 50kg category after being allowed to fight in an unprecedented two weight divisions during the trials where she held up proceedings for almost three hours. Phogat, who has been at the forefront of an emotionally-charged protest against former Wrestling Federation of India chief Brij Bhushan Sharan Singh after accusing him of sexual harassment, defeated Shivani 11-6 to book a place in the Qualifiers to be held in Bishkek, Kyrgyzstan from April 19 to 21. The 29-year-old is a two-time Olympian and an Asian and Commonwealth Games gold-medallist.

AI assistant for neurosurgeons at seven hospitals in Beijing and other cities in coming months, one of many initiatives the government is backing to try and harness the technology. A Hong Kong-based agency under the Chinese Academy of Sciences on Monday introduced an AI model based on Meta Platform's Llama 2.0. Researchers trained and fine-tuned the model with papers, medical journals and manuals to act as a surgery consultant of sorts for doctors, said Liu Hongbin, the center's executive director. State organs are joining private Chinese firms in developing homegrown AI in the mold of OpenAI's ChatGPT.

MUMBAI : Bubbles in the market are not a good thing for retail investors, and mutual funds could form a common policy to protect investors in this respect, the stock market regulator said, at a time of turbulence in an overheated small and mid-cap space. The Securities and Exchange Board of India (Sebi) has already asked for results of stress tests from mutual fund (MF) trustees, stating the time it would take to liquidate portions of investors’ portfolios. “There are pockets of froth...

captain of the flight reportedly asked his junior to take over the command as he needed to rest. The 28-year-old took the responsibility of flying the aircraft but dozed off as he was tired of helping his wife with the childcare of their one-month-old twin babies. Meanwhile, the Air Traffic Controller (ATC) attempted to contact the pilots on board Batik Air flight but received no response.

Saral Sanchaar) permission will be provided where spectrum would be used by colleges or institutions, by paying ₹1,000 they get permission for testing the equipment. This regulatory sandbox was designed to foster innovation and remove bottlenecks," the minister said.