New Delhi, Nov 29 (ANI): Chief Economic Advisor KV Subramanian including top economists attended 'India Economic Forum' at Constitution Club of India in Delhi on Nov 29. While addressing the event Chief Economic Advisor to Government of India, KV Subramanian said that cut in corporate tax rate is important for investments. He said, "The cut in corporate tax rate is important for investments. The current situation has really provided us opportunity to try and bring in important structural reforms. Corporate tax rate cut, labour reforms and debt capital and credit markets are important for investment to be furthered. So, good times are ahead," said Chief Economic Advisor to Government of India KV Subramanian.

Cut in corporate tax rate, labour reforms important for investments: CEA KV Subramanian

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The IT ministry is working on a mechanism to assess safety and trust elements in artificial intelligence (AI) solutions but does not want to start with a regulation as it may hurt innovation in the AI space, a top official said on Thursday.
Speaking at CII's Global Economic Policy Forum, Ministry of Electronics and IT Secretary S Krishnan said the government has broadly addressed key regulations barring a couple of the issues like copyright and existential crisis.
He said under the IndiaAI mission, the government has tried to make a subtle distinction between responsible AI as defined by the West -- which is not expected to be regulated by the government -- and safe and trusted AI.
"Safe and trusted AI is when you do the innovation, try and be responsible about it but there would be an assessment. We will try and see that it is safe and trusted in a manner that works for everybody. That is the other space that we are working on right now. We don't want to start with regulation, and 

There is a need for regulation around harms from AI, misrepresentation and deepfakes in the AI domain and there are enough laws in the country to act on misrepresentation

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Observing that judges have to live a hermit life and work like a horse, the Supreme Court on Thursday said they should refrain from using social media and should not express any opinion about judgments.
The oral remarks were made by a bench of Justices B V Nagarathna and N Kotiswar Singh which was hearing a matter pertaining to the termination of two woman judicial officers by the Madhya Pradesh High Court.
The top court remarked that there is no place for flamboyance in judiciary.
"Judicial officers should not go to Facebook. They should not comment on judgments because tomorrow if the judgment is cited, judge has already expressed one way or the other.
"It is an open platform...You have to live life a hermit, work like a horse. So much sacrifice judicial officers have to do. They should not go into Facebook at all," the bench said in an oral observation.
Senior advocate R Basant, appearing for one of the terminated woman judge,  echoed the views of the bench and said no judicial

On November 11, 2023, the top court took a suo motu cognisance of the termination of six women civil judges by the state government over their alleged unsatisfactory performance

Stakeholders from the micro, small and medium enterprises (MSME) sought a reduction in GST, technology upgrade, and production-linked incentive scheme benefits for various segments in a pre-Budget meeting with Finance Minister Nirmala Sitharaman on Saturday.
The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1.
Members from the Association of Women Entrepreneurs of Karnataka (AWAKE); Karnataka SC and ST Entrepreneurs' Association; Plant-Based Food Industry Association (PBFIA); Ambala Scientific Instruments Manufacturers' Association (ASIMA); Rajasthan Footwear Manufacturers' Association were among the participants at the meeting.
The All-India Plastics Manufacturers' Association; All India Manufacturers' Association; Gujarat Chamber of Small Industries Association; Federation of Associations of Cottage and Small Industries (based in West Bengal); Federation of Andhra Pradesh Small and Medium Association; and Laghu Udyog 

The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1

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Cut in corporate tax rate, labour reforms important for investments: CEA KV Subramanian

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