News for 'ai regulation'

'If students can learn asking ChatGPT...'

'If students can learn asking ChatGPT...'

Rediff.com15 Jun 2023

'What can a teacher do that ChatGPT cannot?'

Deepfakes And The Threat To 2024 Elections

Deepfakes And The Threat To 2024 Elections

Rediff.com11 Mar 2024

If left unchecked, the 2024 elections may be infamously remembered as the election of deepfakes. The ECI has a tough task ahead, but, more importantly, it has an opportunity to become a global model for scores of countries going to polls this year, notes Ajay Kumar.

Google, Jio working closely to build affordable smartphones: Pichai

Google, Jio working closely to build affordable smartphones: Pichai

Rediff.com27 May 2021

Google CEO Sundar Pichai on Thursday said the company continues to engage closely with partner Jio on the initiative of building an affordable smartphone and that work is underway on the project. Last year, Google had picked up a 7.7 per cent stake in Jio Platforms for Rs 33,737 crore. It had also entered into a commercial agreement with Jio Platforms to jointly develop an entry-level, affordable smartphone.

Technology stocks are back on fund managers' radar

Technology stocks are back on fund managers' radar

Rediff.com18 Sep 2023

Mutual funds (MFs) have lined up information technology (IT) funds, indicating that technology stocks are back on fund managers' radar after a hiatus. Over the past 18 months, stock prices for companies in the software space have either corrected or remained subdued. Fund houses have launched five IT-based sectoral funds in the past three months, with three of them taking the passive route.

Delhi police begins search for man who urinated on AI co-passenger

Delhi police begins search for man who urinated on AI co-passenger

Rediff.com4 Jan 2023

A senior police officer said based on the complaint of the victim given to the Air India, a case has been registered under the the Indian Penal Code and the Aircraft Rules.

Drunk man urinates on woman passenger's seat in AI flight

Drunk man urinates on woman passenger's seat in AI flight

Rediff.com1 Sep 2018

The incident took place on August 30 when Air India flight AI 102 was on its way to New Delhi from New York.

Cockpit breach: DGCA fines Air India Rs 30L, pilot's licence suspended

Cockpit breach: DGCA fines Air India Rs 30L, pilot's licence suspended

Rediff.com12 May 2023

The pilot of Air India AI-915 Delhi-Dubai flight on February 27 allowed a woman friend to enter the cockpit, according to a complaint filed by a cabin crew member on the same flight.

Man who urinated on female passenger on AI flight is from Mumbai

Man who urinated on female passenger on AI flight is from Mumbai

Rediff.com5 Jan 2023

On November 26, an inebriated male passenger had urinated on a female co-passenger during a flight from New York to Delhi.

Passenger assaults Air India crew onboard Goa-Delhi flight

Passenger assaults Air India crew onboard Goa-Delhi flight

Rediff.com30 May 2023

Rhe unruly passenger was handed over to the security personnel after landing at the Delhi airport.

10 flights diverted, nearly 100 delayed in Delhi as dense fog hits ops

10 flights diverted, nearly 100 delayed in Delhi as dense fog hits ops

Rediff.com14 Jan 2024

Among the impacted flights, Air India's flight AI 185 from the national capital to Vancouver that was to depart early in the morning was rescheduled.

NSE lifts lid on dabba trading, tippers, issues warnings to 24 platforms

NSE lifts lid on dabba trading, tippers, issues warnings to 24 platforms

Rediff.com18 May 2023

New-age tech tools and 'mystery shoppers' are helping the country's top bourse stay ahead of the curve against dabba trading platforms and entities dolling out unsolicited investment tips. In the past one month, the National Stock Exchange (NSE) has issued close to two dozen warnings and advisories against such activities. "We saw a rise of dabba trading or illegal trading platforms after the pandemic.

China makes first ChatGPT arrest over fake train crash news

China makes first ChatGPT arrest over fake train crash news

Rediff.com8 May 2023

The police in northwestern Gansu province said in a statement on Sunday that a suspect surnamed Hong had been detained for "using artificial intelligence technology to concoct false and untrue information".

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Rediff.com8 Jan 2024

Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.

Tech under work to detect pesky calls, messages

Tech under work to detect pesky calls, messages

Rediff.com28 Nov 2022

Telecom regulator Trai on Monday said that it is working on various technologies to detect pesky calls and messages along with a joint action plan with other regulators to curb financial frauds. The Telecom Regulatory Authority of India (Trai) said that Unsolicited Commercial Communication (UCC) or pesky communication is a major source of inconvenience to the public and impinges on the privacy of individuals. "Now complaints are reported against Unregistered Telemarketers (UTMs), where a surge has been seen in pushing various kinds of UCC SMSes. Additionally, UCC calls are also one of the concerns which need to be dealt with equally along with UCC SMSes," it said.

Why is India's cotton dream turning sour?

Why is India's cotton dream turning sour?

Rediff.com21 Jan 2024

A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop's prospects in the 2024-25 season that starts in October. Addressing the association's annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest. The fear of a decline in acreage comes against the backdrop of India's cotton production probably falling to its lowest in a decade, according to estimates.

Babus have to give good conduct undertaking to avail of study leave

Babus have to give good conduct undertaking to avail of study leave

Rediff.com13 Jun 2023

The move comes after it noticed instances of certain all India service officers not conducting themselves fully in consonance with the spirit of the AIS (Conduct) Rules, 1968 while on study leave.

Portal for info on unclaimed bank deposits to be ready in 3-4 months: RBI

Portal for info on unclaimed bank deposits to be ready in 3-4 months: RBI

Rediff.com6 Apr 2023

Reserve Bank of India on Thursday said a centralised portal would be ready in three to four months wherein depositors and beneficiaries can access details of unclaimed deposits across various banks. As of February this year, about Rs 35,000 crore of unclaimed deposits were transferred to RBI by public sector banks in respect of deposits which were not operated for 10 years or more. "In order to improve and widen the access of depositors/beneficiaries to such data, RBI has decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits based on user inputs," RBI Governor Shaktikanta Das said while announcing the first bi-monthly monetary policy for the current financial year.

Will Jio MF Disrupt MF Business?

Will Jio MF Disrupt MF Business?

Rediff.com21 Aug 2023

While Jio MF will undoubtedly grow in size, it will have to cross multiple hurdles even to emerge as the market leader, observes Debashis Basu.

Denied more alcohol, foreign national abuses AI crew

Denied more alcohol, foreign national abuses AI crew

Rediff.com15 Nov 2018

The airline filed a police complaint against the woman, who was travelling in business class.

What The World Looks Like At Mid-Year

What The World Looks Like At Mid-Year

Rediff.com26 Jun 2023

The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.

Report improper behaviour even if...: Air India CEO to staff

Report improper behaviour even if...: Air India CEO to staff

Rediff.com6 Jan 2023

In an internal communication to airlines' employees, he reflected on the urinating incident to say that "the repulsion felt by the affected passenger is totally understandable and we share her distress.

Peeing incident: Air India reviews liquor policy; pilot, crew grounded

Peeing incident: Air India reviews liquor policy; pilot, crew grounded

Rediff.com7 Jan 2023

Tata Group-owned Air India CEO Campbell Wilson on Saturday apologised for a flyer urinating on a fellow female passenger on a flight from New York in November, and said four cabin crew and a pilot have been de-rostered and the airline is reviewing policy of serving alcohol on flights.

Use existing provisions to deal with unruly passengers: DGCA to airlines

Use existing provisions to deal with unruly passengers: DGCA to airlines

Rediff.com10 Apr 2023

In an advisory, DGCA said there are provisions under the civil aviation requirement for action to be taken by the airline to deal with unruly passengers.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

Peeing incident: Air India fined Rs 30 lakh, pilot's license suspended

Peeing incident: Air India fined Rs 30 lakh, pilot's license suspended

Rediff.com20 Jan 2023

The incident came to the notice of the Directorate General of Civil Aviation (DGCA) only on January 4 and the latest actions are for violations of various norms.

AI director ops sacked after failing pre-flight alcohol test

AI director ops sacked after failing pre-flight alcohol test

Rediff.com13 Nov 2018

He was grounded by the airline on Sunday after he tested positive for alcohol in two breath analyser (BA) tests before he was to operate Air India's New Delhi-London flight.

DGCA fines Air India Rs 10 lakh for offboarding fliers without compensation

DGCA fines Air India Rs 10 lakh for offboarding fliers without compensation

Rediff.com14 Jun 2022

Aviation regulator DGCA on Tuesday said it has imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid tickets and thereafter not providing the mandatory compensation to them.

Why Air India didn't report urinating incident to DGCA

Why Air India didn't report urinating incident to DGCA

Rediff.com5 Jan 2023

The aggrieved lady had "rescinded" an initial request for action after the two "appeared" to have sorted out the issue.

Scientists hail Chandrayaan-3, say feat will inspire youngsters

Scientists hail Chandrayaan-3, say feat will inspire youngsters

Rediff.com23 Aug 2023

Leading scientists and experts said this monumental accomplishment not only marks India's indelible imprint on lunar exploration but also demonstrates the prowess of human collaboration, determination, and cutting-edge technology.

'Banking system moving from bad to normal'

'Banking system moving from bad to normal'

Rediff.com14 Jun 2023

'It is nice that the banking system is in good shape.' 'It is a little early to call it too good because I think it was too bad in the past.'

Google to spend $75 mn on women-led Indian startups

Google to spend $75 mn on women-led Indian startups

Rediff.com19 Dec 2022

Google is building voice and text search for over 100 Indian languages and will spend $75 million to support women-led startups in the country, said its CEO Sundar Pichai at the start of his visit to India - a nation that he saw as a big export economy. India, he said, will be a big export economy and it needs to create a balance between safeguarding citizens and enabling companies to innovate with its framework. Pichai first met Telecom and IT Minister Ashwini Vaishnaw and spoke at a Google for India 2022 event before calling on Prime Minister Narendra Modi.

Govt may seek crypto log on transactions from banks, exchanges

Govt may seek crypto log on transactions from banks, exchanges

Rediff.com31 Mar 2022

The tax authorities may tell banks and crypto exchanges to report transactions of virtual digital assets (VDAs) as the government begins taxing gains from cryptocurrencies and non-fungible tokens from April 1. So far, the tax department has relied on voluntary disclosures on transactions of VDAs. Once implemented, the sale and purchase of digital assets will reflect in the Annual Information Statement (AIS). The AIS contains details of at least 46 of the financial transactions done by a taxpayer in a financial year.

In a first, HC turns to ChatGPT to access view on bail

In a first, HC turns to ChatGPT to access view on bail

Rediff.com28 Mar 2023

The judge, in his order, stated that "to further assess the worldwide view on bail when the assault was laced with cruelty, the use of artificial intelligence platform which has been trained with multitudinous data was made".

Sebi comes out with modalities for accredited investors

Sebi comes out with modalities for accredited investors

Rediff.com26 Aug 2021

Markets regulator Sebi on Thursday came out with detailed modalities for implementation of the accredited investors framework, a move expected to open up a new channel of raising funds from sophisticated investors. The regulator has issued guidelines on eligibility criteria for accredited investors (AIs), procedure as well as validation for accreditation, procedure to avail benefits linked to accreditation and flexibility to investors to withdraw "consent", according to a circular. Sebi had earlier this month introduced the concept of "accredited investors" in the Indian securities market.

AI flight delays by 8 hrs; MP alleges 'VIP pressure'

AI flight delays by 8 hrs; MP alleges 'VIP pressure'

Rediff.com9 Jan 2016

An Air India flight to Bhubaneswar from here was delayed by nearly eight hours allegedly due to some "VIPs" forcing the government-owned carrier to reassign the aircraft and its crew for Bhopal, a charge denied by the airline.

'Human error' behind 2013 AI Dreamliner scare: DGCA

'Human error' behind 2013 AI Dreamliner scare: DGCA

Rediff.com12 Nov 2015

Aviation regulator DGCA has found "human error" among others as the cause of an incident at the Bengaluru airport two years ago involving an Air India Dreamliner plane, in which the aircraft's fuselage panel had fallen off at runway during landing.

'Why is interest earned on FDs taxed?'

'Why is interest earned on FDs taxed?'

Rediff.com11 Oct 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.

Yet another AI Dreamliner in trouble, DGCA orders probe

Yet another AI Dreamliner in trouble, DGCA orders probe

Rediff.com23 Oct 2014

The Directorate General of Civil Aviation (DGCA) is probing the incident of an Air India flight, AI 123, from New Delhi to Rome losing radio contact over Italy on October 16.

I-T dept may make PAN mandatory for crypto investors

I-T dept may make PAN mandatory for crypto investors

Rediff.com10 Aug 2022

The income-tax department may make a permanent account number (PAN) mandatory for cryptocurrency investors, in line with the demat account rules for stock market transactions, according to two people privy to the discussion. At present, disclosure of crypto holdings and related gains is voluntary. If tax authorities go ahead with the PAN mandate, crypto exchanges will have to furnish a statement of financial transactions (SFT) before the income-tax department.

Dubai suspends AI Express flights over Covid positive passengers

Dubai suspends AI Express flights over Covid positive passengers

Rediff.com18 Sep 2020

"A passenger, who had a COVID-positive certificate dated September 2, travelled on Air India Express' Jaipur-Dubai flight on September 4. A similar incident had happened with a passenger on one of the airline's other Dubai flights previously," said one of the officials.