Budget 2024: Fintech industry wants digital public infra investments, UPI fees and more

Budget 2024: Fintech industry wants digital public infra investments, UPI fees and more

Mumbai: Financial technology companies have a long list of demands and expectations from the upcoming Union Budget, such as investments in digital public infrastructure, GST exemption for business correspondent (BC) outlets, and a fee structure for UPI payments. “We strongly urge the finance minister to prioritise pivotal solutions such as enhancing digital infrastructure, financial literacy … Read more

India must urgently enact law to regulate AI, SC lawyer Pavan Duggal says

India must urgently enact law to regulate AI, SC lawyer Pavan Duggal says

New Delhi: India urgently needs to enact a law to regulate the artificial intelligence technology, Pavan Duggal, Supreme Court lawyer and cyber law expert, said on Friday at the Mint Digital Innovation Summit 2024. Duggal highlighted how other nations are already ahead in AI regulation. “The European Union has its AI Act, China has laws … Read more