IT Ministry Developing Voluntary Code of Ethics for AI Companies
Technology

IT Ministry Developing Voluntary Code of Ethics for AI Companies

The Ministry of Information Technology (IT) is in the process of creating a voluntary code of conduct and ethics for artificial intelligence (AI) companies. Discussions are ongoing with various stakeholders to establish guidelines that address aspects such as data handling, labelling, and ethical considerations surrounding AI usage.

This initiative comes amid a global surge in AI development, with governments worldwide emphasizing the need for responsible practices. Last week, the IT Ministry, in collaboration with UNESCO, held a consultation with stakeholders on AI safety and ethics, as India works on creating an inclusive AI policy under the 'AI for All' vision. This aligns with India’s ambitious 'IndiaAI Mission,' which has secured over Rs 10,000 crore in funding.

The mission's primary focus is to ensure that AI development remains safe, ethical, and accountable. By promoting indigenous frameworks and self-assessment tools, the IndiaAI Mission aims to empower innovators and make AI benefits accessible across all sectors.

The Ministry of Information Technology (IT) is in the process of creating a voluntary code of conduct and ethics for artificial intelligence (AI) companies. Discussions are ongoing with various stakeholders to establish guidelines that address aspects such as data handling, labelling, and ethical considerations surrounding AI usage. This initiative comes amid a global surge in AI development, with governments worldwide emphasizing the need for responsible practices. Last week, the IT Ministry, in collaboration with UNESCO, held a consultation with stakeholders on AI safety and ethics, as India works on creating an inclusive AI policy under the 'AI for All' vision. This aligns with India’s ambitious 'IndiaAI Mission,' which has secured over Rs 10,000 crore in funding. The mission's primary focus is to ensure that AI development remains safe, ethical, and accountable. By promoting indigenous frameworks and self-assessment tools, the IndiaAI Mission aims to empower innovators and make AI benefits accessible across all sectors.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement