Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com. India reversed a laptop licensing policy after behind-the-scenes lobbying by U.S. officials, who however remain concerned about New Delhi's compliance with WTO obligations and new rules it may issue, according to U.S. trade officials and government emails seen by Reuters. In August, India imposed rules requiring firms like Apple, Dell and HP to obtain licences for all shipments of imported laptops, tablets, personal computers and servers, raising fears that the process could slow down sales. But New Delhi rolled back the policy within weeks, saying it will only monitor the imports and decide on next steps a year later.

When it comes to disruptive technologies that will drive businesses in the coming years, Artificial Intelligence (AI) is touted as the most promising and Indian enterprises across the spectrum began embracing it to enhance real-time user experiences. Picking up the pace globally, AI gradually cemented its position as the technology is quite transverse and perceived as less gimmicky, impacting several functions to improve productivity and business results, says Thomas Husson, Vice President and Principal Analyst, Forrester. From flushing out fake and terror-related content to making sense of humongous data for self-driving cars, from helping identify when someone might be expressing thoughts of suicide on Facebook to empower NASA explore space communications, AI-based tools gained a definite momentum. Microsoft pledged $50 million over the next five years to put AI technology in the hands of those who are working to mitigate climate change. When it comes to India, AI started playing a significant role in not just developing smart devices but in improving engagement with end-consumers -- be it government or corporates.

Commerce and Industry Minister Nirmala Sitharaman has constituted a Task Force chaired by V. Kamakoti of IIT Madras to explore possibilities to leverage Artificial Intelligence (AI) for development across various fields. The'task force on AI for India's Economic Transformation' will submit concrete and implementable recommendations for government, industry and research institutions, an official statement said. In addition to regular members, it will have official participation from NITI Aayog, Ministry of Electronics and Information Technology, Department of Science & Technology, UIDAI and DRDO. The panel comprises experts, academics, researchers and industry leaders. The Minister said with rapid development in the fields of information technology and hardware, the world is about to witness a fourth industrial revolution.