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A sharp selloff in global stock markets wiped out about $285 billion in market value in a single day after Anthropic launched its new AI tool called the ‘SaaSpocalypse’. America’s biggest bank JPMorgan said the fall reflects a deeper shift in how investors view software companies, especially as concerns around artificial intelligence grow. In a…
NEW DELHI: Prime Minister Narendra Modi pitched for a “double engine” growth approach amid “turmoil in global environment” as India and the European Union signed the “historic” free trade agreement on Tuesday.“There is turmoil in global environment; India-EU will provide stability to world order,” PM Modi said at the India-EU Business Forum.Terming it the “biggest…
Accenture CEO Julie Sweet notes that while Trump tariffs caused a stir, business leaders are focusing on execution amid economic uncertainty. She highlighted that US companies lead the digital race due to strong foundations, with European firms catching up. Accenture CEO Julie Sweet has shared insights on how CEOs are navigating the current economic landscape…
Greenland’s harsh environment, lack of key infrastructure and difficult geology have so far prevented anyone from building a mine to extract the sought-after rare earth elements that many high-tech products require. Even if President Donald Trump prevails in his effort to take control of the arctic island, those challenges won’t go away. Trump has prioritized…
President Donald Trump speaks with Chief Executive Officer and Chairman of ExxonMobil Darren Woods, left, while Chairman, President and Chief Executive Officer of Marathon Petroleum Maryann Mannen, right, and Tallgrass Energy President and Chief Executive Officer Matt Sheehy, far right, look on during a meeting with oil executives in the East Room of the White…
Sameer Gupta, National Tax Leader, EY India The Income-tax Act, 2025, marks a comprehensive overhaul of India’s six-decade-old direct tax law, replacing the Income-tax Act, 1961, with a simplified, principle-based framework. Aimed at reducing litigation and improving tax certainty, the new law seeks to streamline provisions, remove redundancies, and align tax administration with a digital-first…
Environment minister Bhupender Yadav (PTI photo/ File) NEW DELHI: Union environment minister Bhupender Yadav on Monday welcomed the Supreme Court‘s direction to stay its order on the “new definition” of the Aravalli range that was widely criticised across the spectrum.The minister said the government was “committed to extending all assistance sought from MOEFCC (Ministry of…
NEW DELHI: Delhi Environment Minister Manjinder Singh Sirsa announced on Saturday that two key restrictions under the Graded Response Action Plan (GRAP-4) will now be permanent, in a bid to tackle the city’s persistent severe air pollution. Speaking to the media, Sirsa said vehicles will not be provided petrol without a valid Pollution Under Control…
Union environment minister Bhupender Yadav (ANI photo) NEW DELHI: Union environment minister Bhupender Yadav on Monday again addressed a press conference amid outrage over the “new definition” of the Aravali range, saying that “no new mining leases will be permitted, especially in core, protected and ecologically sensitive areas, including the NCR”.Speaking on the Supreme Court’s…
NEW DELHI: In an important decision to nudge the corporate sector to play an active role to protect the environment, Supreme Court on Friday brought the issues of ecology and environment within corporate social responsibility and passed a slew of directions to protect the Great Indian Bustard, which is on the verge of extinction and…
