EU AI POLICY
Reset will keep India busy as Trump’s midterm loss redraws US politics
The recent US midterm elections have significant implications for international relations and the economy. Incoming policies may impact trade agreements between India and the US, affecting both countries' economies. Additionally, potential conflicts involving Iran could influence energy prices in India, creating economic uncertainty. The evolving political landscape in Washington will require India to adjust its diplomatic strategies.
With most drug candidates failing in humans, India’s draft rules bet on the wrong science in animal lab testing
Recent draft rules in India threaten advancements in non-animal testing for drug development and safety. The new regulations may prioritize animal testing over innovative human-based methods, despite their proven reliability. Efforts to incorporate non-animal methodologies into national standards have gained support from various government initiatives. Significant funding has been allocated to promote alternative testing methods throughout the country.
India leads on non-animal testing and its draft lab animal rules threaten to undo that
India's draft Prevention of Cruelty to Animals Rules 2026 proposes significant changes to animal research regulations and oversight. It allows for harsher experimental practices that could cause severe suffering to animals. Local committees would gain power to approve experiments without thorough central review, raising concerns about ethical standards. This shift contradicts the existing legal framework established by the Prevention of Cruelty to Animals Act 1960.
Meta halts new business terms after backlash over data scraping and AI use
Meta has postponed the rollout of new terms affecting its business accounts due to significant backlash. Critics claimed these changes could lead to unauthorized data scraping and unfair competition against news publishers. A Norwegian court granted an injunction on the terms, highlighting concerns over Meta's market dominance. The U.K. competition authority has also initiated an investigation into these new business conditions.
Meta delays indefinitely its rollout of new commercial terms after publishers' concerns
EU and UK antitrust authorities have received complaints about the new terms, which publishers and digital advertisers said would give Meta an unlimited right to use their content for its AI services. Meta has rejected the claims.
PMS Talk: AI, defence and electronics manufacturing are the next growth engines, says Vaibhav Agarwal
In this edition of ETMarkets PMS Talk, we speak with Vaibhav Agarwal, Founder & CIO, Accelt Asset Management LLP, about how his team’s bottom-up stock-picking approach identifies businesses capable of delivering sustained earnings growth. He explains why smallcaps offer opportunities among companies growing earnings at 25–30%, how the GMCV framework — Growth, Management, Capital Efficiency and Valuation — helps separate potential compounders from value traps, and why paying the right price matters even when a business has a compelling growth story.
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Union Minister Piyush Goyal interacts with Indian diaspora in Germany, lauds contribution to 'Karmabhoomi'
Union Minister of Commerce and Industry Piyush Goyal held an insightful interaction with members of the Indian diaspora in Germany, lauding their invaluable contributions to their adopted homeland while calling upon them to actively participate in India's rapid economic growth journey.
Gold eases as investors await Fed signals on rate path
Gold prices saw a decline as investors shift attention to the looming Federal Reserve policy meeting regarding interest rates. Spot gold prices dipped to $4,115.50 per ounce, with US gold futures for December slipping to $4,132.30. Analysts anticipate potential rate hikes in the coming months, particularly in December, where the likelihood stands at 90%. Other precious metals like silver and platinum also noted price drops.
Germany's Merz touts defence, AI and chip investment drive in pitch to investors
Germany aims to quadruple its artificial intelligence computing capacity by 2030 as part of a broader push to strengthen technological competitiveness, he added.
China's economic growth picks up & rebounds to 4.5% in third quarter, beating expectations
China’s economy grew 4.5% year-on-year in the third quarter, beating market expectations of 4.4% and recovering from a more than three-year low of 4.3% in the previous quarter. Growth eased pressure on policymakers to announce further stimulus to meet the annual target of 4.5%-5%.
EU takes a page from Ireland's AI playbook
The EU wants to catch up in the AI race by taking a cue from Ireland -- an early adopter of the technology which has rolled out the red carpet for data centres despite local backlash. The EU wants to ramp up its capacity and is pouring billions into so-called AI gigafactories made up of advanced AI processors and energy-efficient data centres for companies and research labs.
Tighter AI data rules could curb Germany's economic gains by €155 billion a year, study finds
The findings come as European policymakers and technology companies grapple with how to manage the risks posed by AI without slowing innovation, as the region seeks to catch up with the United States and China in developing advanced models.
Payoneer India Cross-Border Excellence Awards 2026 closes with a blueprint for India’s next export leap
India’s exports hit a record $863.1 billion in FY26, yet the businesses driving that growth rarely share the spotlight. On September 25 in New Delhi, the Payoneer India Cross-Border Excellence Awards 2026, in association with The Economic Times, closed its 2026 cycle with a summit on market access, growth corridors and outbound compliance, and 16 category winners that show what Indian global enterprise looks like today.
US, China, EU: three paths to regulating AI
The United States, China and the European Union are taking different paths to govern artificial intelligence, as calls grow worldwide to rein in its most powerful systems. The same day, Trump ordered federal agencies to replace the term "artificial intelligence" with "super intelligence" in official communications.
ChatGPT starts exposing writers using AI with invisible watermarks; OpenAI says its texts, codes can be traced; how to avoid detection
OpenAI is rolling out invisible text watermarking for eligible ChatGPT and Codex output in the European Union, allowing its detector to look for a statistical signal hidden in the model's word choices. The technology can identify many longer passages, but OpenAI says editing, translation, short text and technical subjects can weaken detection. The system also cannot establish who wrote a passage, how much a human contributed or whether the content is accurate.
India has decades of high growth ahead, AI for humanity vision: Jaishankar
External Affairs Minister S Jaishankar highlighted India's anticipated decades of growth during a recent Munich meeting. He emphasized the potential of emerging powers and India's unique demographic advantage in this context. Jaishankar also addressed India's approach to artificial intelligence as a model for social equity and public welfare.
Beyond the 7% headline: S&P maps the forces driving India’s next growth phase
India’s economy is set to grow 7% in FY27, according to S&P Global, which sees domestic demand, private investment, manufacturing, trade, energy security, renewable power, digital infrastructure and technology shaping India’s next phase of economic growth.
Gold holds near seven-week low, US economic data on tap
Gold prices are holding steady near a seven-week low, despite ongoing concerns about rising interest rates from the Federal Reserve. Investors are treading carefully as they prepare for crucial US economic data, including employment and inflation reports, this week. Meanwhile, oil prices have increased over fears of supply disruptions in the Middle East, potentially impacting inflation rates. Current market expectations show a 70.
ETMarkets Smart Talk | US bonds offer attractive yields again: Nachiketa Sawrikar on the challenge for Indian equities
The Federal Reserve’s rate hike may be largely priced in, but according to Nachiketa Sawrikar, Fund Manager at Artha Bharat Global Multiplier Fund, the bigger question for markets is what happens to US bond yields and the dollar from here.
AI startup Black Forest Labs urges optimism from Europe despite safety fears
Europe needs to view artificial intelligence with more optimism -- despite growing warnings about its dangers -- or risk falling further behind, the head of a leading European AI start-up warned. "I think the mindset in Europe needs to shift to one of optimism and to one of opportunity, and not to one of risk and fear," Robin Rombach, CEO of German AI image generation specialist Black Forest Labs, told AFP. Europe lags behind the United States and China when it comes to cutting-edge AI models.
Mexico, Brazil, UK see rising medical device imports, opening export opportunities for India: Report
Mexico, Brazil, the UK, Poland and Canada have emerged as high-growth markets for Indian medical equipment exports, India Exim Bank said. The study flagged modest Indian export shares despite rising import demand, and recommended regulatory alignment, stronger R&D, component manufacturing, skills development and trade promotion to expand global market presence.
IRDAI proposal hits insurance stocks; FSSAI vs ecomm giants
The insurance regulator has proposed new limits on commissions as part of a wider overhaul. This and more in today’s ETtech Top 5.
On the table or on the menu? A new power play begins at the UN
Partners for Multilateralism, or P4M, unites diverse nations to reform global institutions. This new grouping reflects a changing global mood and a desire for greater maneuverability. Countries seek more influence in a multipolar and contested international system. P4M offers an open framework for issue-based coalitions across different political traditions. It signifies a new mood where middle powers think beyond established alliances.
Andy Burnham seeks common ground with Trump at UN, pitches UK as major AI player
British Prime Minister Andy Burnham meets President Trump and addresses the UN General Assembly. He will urge increased US support for Ukraine and discuss Middle East conflicts. Burnham also plans to signal Britain's move beyond Brexit-related discord with Europe. Limited military support for Saudi Arabia was announced to counter Houthi rebel attacks. The leader aims to present a hopeful vision for Britain's global role.
Europe's AI firms, playing catch-up, challenge US calls for slowdown
Anthropic's CEO Dario Amodei in an online essay urged firms to slow the pace at which they improve AI model capabilities and called for an antitrust waiver allowing leading developers to jointly develop safety measures after researchers warned about the dangers of AI, including that it could wipe out humanity.
Trump vs Carney: The dealmaker meets his match in a central banker
In response to Trump's pressures, Canadian Prime Minister Mark Carney has strategically leveraged central banking principles. Steadfast in resisting tight deadlines while prioritising Canada’s long-term economic stability, Carney is actively looking to establish diverse trade partnerships that extend beyond the United States. A proposed 'associate member' status from Europe further aims to enhance Canada's geopolitical and economic influence.
India Inc seeks legal safeguards as agentic AI raises liability risks
With the growing apprehension surrounding AI safety, Indian businesses are consulting legal experts about the implications of liability linked to autonomous AI systems. The shift from suggestion-based AI to independent decision-making necessitates a thorough examination of existing contracts to stipulate responsibility for AI-induced mistakes. This proactive approach is crucial as the legal landscape grapples with the swift changes brought by AI's increasing autonomy.
'Indian economy more likely to be resilient rather than becoming more vulnerable': CEA V. Anantha Nageswaran
India's economy shows resilience despite global geopolitical and financial challenges. Strong bank credit and GST collections support this positive economic outlook. Rising global interest rates and oil prices introduce volatility after a calm period. India's Chief Economic Adviser emphasizes the need for adaptation and innovation. Private sector investment and R&D are crucial for future economic growth.
BRICS leaders oppose 'punitive, discriminatory' carbon border taxes
BRICS leaders opposed unilateral measures like carbon border adjustments. They agreed to expand cooperation on intellectual property rights and AI applications. Leaders also emphasized resilient and inclusive global value chains for trade. They will explore policy levers to enhance intra-BRICS trade and connectivity. BRICS members aim for equitable participation in global manufacturing segments.
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