
Ashwini Vaishnaw pitches for shared standards, clear rules for ethical use of AI
Ashwini Vaishnaw on Friday made a strong pitch for joint efforts by governments on shared standards and clear rules for ethical use of
artificial intelligence
. Addressing the
Global Media Dialogue
at the World Audio, Visual and Entertainment Summit (WAVES) here, he said tie-ups between government, industry and creators has become indispensable as there was greater focus on local stories.
The I&B Minister said the global media dialogue was anchored in creativity, culture and collaboration.
"As a government, we must provide a fair chance for everyone to showcase their story to the world. We must incentivise
local content promotion
and enforce IP framework among other things," Vaishnaw said, addressing the Dialogue, attended by External Affairs Minister S Jaishankar, Minister of State for I&B L Murugan, and representatives for several countries.
Vaishnaw also said that governments must support policies that preserve and promote all cultural forms as they connect people across borders.
"Focus is shifting towards local stories. We aim to build people-to-people and country-to-country exchanges," he said.
"Tie-ups with government, industry and creators have, therefore, become indispensable. Practical steps include co-production treaties to ease licences and talent movement. We need joint funds for new tech, shared standards, and clear rules for ethical AI," Vaishnaw said.
The minister said the media and entertainment industry was globally valued around USD three trillion dollars, but its true value was beyond numbers.
"It lies in the empathy it creates. In the ideas that it conveys. And in the future it helps us imagine," Vaishnaw said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
2 hours ago
- Time of India
It's official: E-W Metro's Sealdah-Esp stretch finally set to open next Fri
Kolkata: It's official. Prime Minister Narendra Modi will inaugurate East-West Metro's last 2.6km leg and two other metro lines next Friday. TOI has been reporting on the anticipated launch of the last 2.6 km Esplanade-Sealdah stretch of the East-West Metro or Green Line, the first 7 km Noapara-Airport section of the Yellow Line, and Phase II of the Orange Line (4.4 km Ruby-Metropolitan) since Aug 6. Tired of too many ads? go ad free now Finally, on Thursday, Union railway minister Ashwini Vaishnaw shared the information with the BJP functionaries in Bengal. Extending an invitation to Sukanta Majumdar, Union minister of state for education and development of the northeastern region, the railway minister wrote: "Hon'ble Prime Minister will inaugurate the Sealdah-Esplanade Metro section, Beleghata (as the station at Metropolitan is called)-Hemanta Mukhopadhyay (the station at EM Bypass' Ruby crossing) and Noapara-Jai Hind (airport Metro station), the subway at Howrah metro station and flag off trains in these sections on 22 Aug 2025." The letter was forwarded to the media by Majumdar, who also wrote on X: "This is a historic gift for West Bengal before Durga Puja." "At last, the city's biggest infrastructure project will finally run its full 16.6 km length, connecting Sector V on the east and Howrah Maidan on the west of the Hooghly," an engineer of KMRC, the implementing agency of the Rs 10,000 crore project, said. Apart from the East-West Metro, the commissioning of the Noapara-Airport or the Yellow Line will be very significant for the transportation sector as Kolkata will get its first metro-airport connectivity. The Noapara station is a part of the 32 km North-South Metro or Blue Line, which also has an interface with the East-West Metro at Esplanade. Flyers from Howrah, Kolkata, and the southern and northern suburbs will now have the option of availing Metro services to board an aircraft. The 9.2 km Sector V-Sealdah section could not continue to Esplanade since the authorities had to skip the in-between 2.6 km Esplanade-Sealdah stretch, which suffered several setbacks because it passes through the subsidence-ridden Bowbazar area.


Time of India
5 hours ago
- Time of India
EaseMyTrip board approved three acquisitions to strengthen strategic presence
Academy Empower your mind, elevate your skills EaseMyTrip, one of India's leading travel-tech platforms, has announced three strategic acquisitions to strengthen its end-to-end travel capabilities across both international and domestic markets, according to a company company has:(a) approved acquisition of a 50% stake in Three Falcons Notting Hill Limited for its London's premium property, Three Falcons Hotel, through a secondary investment(b) approved acquisition of a 100% stake in AB Finance Private Limited for acquiring its premium commercial asset property in Gurugram, India at the upmarket Golf Course Road, through a secondary investment, and,(c) In-principally approved making a strategic investment in the proposed acquisitions to be done through share swap arrangement, EaseMyTrip will mark its entry into the international hospitality space with an investment in Three Falcons Hotel, a luxury boutique hotel located in the prestigious St John's Wood area of London, near Lord's cricket to cater to both business and leisure travelers, the hotel will facilitate EaseMyTrip to deliver experiential hospitality in one of the world's most influential tourism markets. The move comes at a time when the global hospitality industry, currently valued at USD 5.71 trillion, is projected to reach USD 7.23 trillion by 2029, presenting substantial growth other proposed acquisition of AB Finance will add a key asset to EaseMyTrip's domestic portfolio. Located at a prominent corporate corridor at the Golf Course Road, Sector 53, Gurugram, the commercial property is projected to support EaseMyTrip's expanding operations. It will offer the flexibility to accommodate EaseMyTrip's future business requirements, including office infrastructure expansion, as EaseMyTrip continues to scale its presence across in-principle approval to invest in VBIL, which is inter alia engaged in entertainment and real estate business activities is a strategic investment move of the to a company release, all the proposed strategic investments will be subject to obtaining relevant board and shareholders' approval, and other regulatory approval(s) as may be on the development, Nishant Pitti, Chairman & Founder, EaseMyTrip, said, "Our growth strategy has always centered around long-term thinking, measured decisions, and brand-aligned diversification. The proposed acquisition of the London property will give us the opportunity to explore synergies in hospitality at a global destination, while the Gurgaon property will strengthen our operational backbone as we scale. With these strategic moves, we aim to create unique, engaging, and memorable experiences for travelers while building value for the future."According to a company release, EaseMyTrip's proposed acquisitions broadens its presence across strategically aligned sectors that complement its core travel business. By investing in high-potential assets in hospitality and infrastructure, the company is building a stronger, more diversified ecosystem that enhances customer engagement at every stage of their journey. This approach is reinforcing EaseMyTrip's mission to deliver end-to-end experience-driven travel solutions for Indian and global audiences.


Economic Times
5 hours ago
- Economic Times
EaseMyTrip board approved three acquisitions to strengthen strategic presence
ANI EaseMyTrip Board approved three acquisitions to strengthen strategic presence EaseMyTrip, one of India's leading travel-tech platforms, has announced three strategic acquisitions to strengthen its end-to-end travel capabilities across both international and domestic markets, according to a company release. The company has: (a) approved acquisition of a 50% stake in Three Falcons Notting Hill Limited for its London's premium property, Three Falcons Hotel, through a secondary investment (b) approved acquisition of a 100% stake in AB Finance Private Limited for acquiring its premium commercial asset property in Gurugram, India at the upmarket Golf Course Road, through a secondary investment, and, (c) In-principally approved making a strategic investment in the proposed acquisitions to be done through share swap arrangement, EaseMyTrip will mark its entry into the international hospitality space with an investment in Three Falcons Hotel, a luxury boutique hotel located in the prestigious St John's Wood area of London, near Lord's cricket to cater to both business and leisure travelers, the hotel will facilitate EaseMyTrip to deliver experiential hospitality in one of the world's most influential tourism markets. The move comes at a time when the global hospitality industry, currently valued at USD 5.71 trillion, is projected to reach USD 7.23 trillion by 2029, presenting substantial growth other proposed acquisition of AB Finance will add a key asset to EaseMyTrip's domestic portfolio. Located at a prominent corporate corridor at the Golf Course Road, Sector 53, Gurugram, the commercial property is projected to support EaseMyTrip's expanding operations. It will offer the flexibility to accommodate EaseMyTrip's future business requirements, including office infrastructure expansion, as EaseMyTrip continues to scale its presence across in-principle approval to invest in VBIL, which is inter alia engaged in entertainment and real estate business activities is a strategic investment move of the to a company release, all the proposed strategic investments will be subject to obtaining relevant board and shareholders' approval, and other regulatory approval(s) as may be required. Commenting on the development, Nishant Pitti, Chairman & Founder, EaseMyTrip, said, "Our growth strategy has always centered around long-term thinking, measured decisions, and brand-aligned diversification. The proposed acquisition of the London property will give us the opportunity to explore synergies in hospitality at a global destination, while the Gurgaon property will strengthen our operational backbone as we scale. With these strategic moves, we aim to create unique, engaging, and memorable experiences for travelers while building value for the future."According to a company release, EaseMyTrip's proposed acquisitions broadens its presence across strategically aligned sectors that complement its core travel business. By investing in high-potential assets in hospitality and infrastructure, the company is building a stronger, more diversified ecosystem that enhances customer engagement at every stage of their journey. This approach is reinforcing EaseMyTrip's mission to deliver end-to-end experience-driven travel solutions for Indian and global audiences. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Tariffs, tantrums, and tech: How Trump's trade drama is keeping Indian IT on tenterhooks Good, bad, ugly: How will higher ethanol in petrol play out for you? As big fat Indian wedding slims to budget, Manyavar loses lustre As 50% US tariff looms, 6 key steps that can safeguard Indian economy Stock Radar: JSPL forms Ascending Triangle pattern on weekly charts, could hit fresh 52-week high soon Nifty and business are different species: 5 small-cap stocks from different sectors with upside potential of up to 30% F&O Radar | Deploy Bear Put Spread in Nifty to play index's negative stance amid volatility Wealth creation: Look beyond the obvious in some things; 10 fertilizer sector companies worth watching