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India to draft AI regulations, release consultation paper within a month

The Indian government has announced plans to formulate regulations for artificial intelligence. A formal consultation paper outlining a regulatory framework will be released within the next month. This move is aimed at addressing the risks and opportunities presented by rapidly advancing AI technology. The initiative seeks to establish a governance structure for AI development and use in India.

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BusinessEconomic Times ·

Gujarat announces new policy to develop ocean-based industries

The state of Gujarat has announced a new 'Blue Economy' policy to develop ocean-related industries. The policy aims to harness marine resources for economic growth and job creation. It focuses on sectors like shipbuilding, port development, marine biotechnology, and aquaculture. The initiative is part of Gujarat's strategy to diversify its industrial base beyond traditional manufacturing.