ET Now Markets (July 17 2019) (Video)

India's digital economy faces transformative regulatory changes as authorities establish comprehensive frameworks for AI governance, telecommunications authorization, and fintech operations. How will these sweeping reforms reshape technology deployment, payment systems, and data protection across the insurance, banking, and judicial sectors?

In the September edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, banking and finance, labour, foreign investment and maritime

India's semiconductor ambitions are gaining global attention as the country moves beyond fabrication facilities to build an integrated ecosystem spanning raw materials, equipment manufacturing, chip design, and advanced packaging. With strategic partnerships already underway and a target to produce 3nm semiconductors by 2032, India faces the challenge of reducing its 90% import dependence while developing domestic capabilities across the entire value chain.

The proposed framework permits AI-assisted functions such as research, transcription, translation, case management and document review but places human judgment at the centre of judicial decision-making.

Gujarat has unveiled a comprehensive policy framework designed to transform the state into India's premier data center destination, offering unprecedented fiscal incentives including power tariff subsidies, capital grants, and tax exemptions worth up to 75% of eligible investments. The policy targets 7.5 GW of aggregate data center capacity with enhanced operational support and mandates renewable energy integration, positioning Gujarat to compete with global data center hubs.

Our Partner, Probir Roy Chowdhury, alongside Kaushik Anand, Partner at A91 Partners, engages in an enlightening conversation.

India's Supreme Court has proposed comprehensive AI regulations for judicial use, establishing strict human oversight requirements and governance frameworks. This analysis examines how these draft rules compare with the EU AI Act and US state-level regulations, revealing converging global expectations for AI transparency, accountability, and data protection that extend far beyond courtrooms into corporate governance.

India's Supreme Court has released draft regulations governing the use of artificial intelligence in courts, establishing a framework that balances technological innovation with human judicial authority. The proposed rules mandate human oversight of all AI outputs while prohibiting algorithmic decision-making in sentencing, bail risk assessment, and credibility profiling. Will this framework successfully modernize an overburdened judicial system while preserving the primacy of human judgment?

Professional services firms are evolving from technical service providers to strategic advisors as clients demand more than expertise alone. In an era of interconnected business challenges spanning regulatory compliance, governance, and cross-border operations, firms must now combine technical proficiency with commercial understanding and integrated perspectives. The shift reflects a fundamental change in how businesses value their advisors—moving from assignment-driven relationships to long-term part

On June 3rd, 2026, the Supreme Court of India released a preliminary draft named ‘‘Regulations for Use of Artificial Intelligence (AI) in Courts, 2026’, regulating the usage of artificial intelligence in the courts...