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IPO gold rush for investors; second-hand EV sales sputter

New govt needs to expedite tax reforms, boost receipts

New govt needs to expedite tax reforms, boost receipts
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AI firms: Indian AI firms may face extra costs as EU s AI Act kicks in

The European Union wrapped up approval of the world s first law governing AI development last week. This legislation takes a tiered approach, setting varying compliance timelines and regulations based on the potential risk each AI system poses. Generally applicable AI will have a year to comply, while high-risk systems get up to three years.

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