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    MeitY unveils DEPA handbook to enable trusted data sharing for AI training

    The Ministry of Electronics and Information Technology has launched a handbook on Data Empowerment and Protection Architecture. This handbook is designed to enhance collaboration on data for AI training while ensuring data control. IT Secretary S Krishnan emphasized the importance of responsible and secure data usage in India's AI ambitions. The handbook enables accountability and transparency by tracing data provenance throughout the training process.

    NFRA forms audit quality, assurance and technology advisory committee

    India's National Financial Reporting Authority has set up a fresh advisory committee that will delve into critical areas such as audit quality, assurance practices and the integration of emerging technologies. This committee, comprised of experts from finance, auditing, and tech backgrounds, aims to provide guidance on industry standards and to pinpoint new risks that require closer inspection.

    'India can pip others in cryptocurrency by adding it to UPI, Aadhaar'

    A national crypto stack, by adding cryptocurrency to IndiaStack, can potentially solve for oversight risks, while opening India up for billions in investments and yielding "soft power", Coinbase's former CTO Balaji S and ISpirt say.

    India should tap global cryptocurrencies to fund SMEs, help grow business: iSPIRT

    This can be done by allowing validated investors through Indian and global exchanges, which will help bridge the SME financing gap of as much as $500 million in the country, it said.

    API infra firm Setu raises $3.5m seed

    Setu was founded by Sahil Kini, a principal with Aspada Investments, and Nikhil Kumar, a fellow at iSPIRT Foundation.

    Data localisation: Sparking complaints of bias, US companies seek 12 months time from RBI

    Closed-door meeting sparks complaints of bias along with a demand for an extension to today's deadline.

    The Economic Times
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