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Confront disintermediation, don’t resist it, government tells financial sector

File photo: Economic secretary Anuradha Thakur MUMBAI: The government has said that the financial sector should not fight disintermediation but “take the bull by its horns, work collectively, analyse trends deeply and see how to channelise these so that financial flows become smoother within the domestic economy to all segments that require finance.”Speaking at the…

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USPS financial loss: Postal Service flags $9 bn deficit; agency pushes price hikes and policy fixes

The US Postal Service (USPS) has sought sweeping administrative and legislative changes after reporting a $9 billion annual loss, a marginal improvement from the $9.5 billion deficit posted last year, Reuters reported.New Postmaster General David Steiner said the agency continues to face a “significant systemic annual revenue and cost imbalance” and must accelerate efficiency measures,…

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Anthropic ‘blames’ Chinese hacker group of using Claude to spy on companies across the globe; says targeted large tech companies, financial institutions, and …

Anthropic, the artificial intelligence has disclosed that a Chinese state-sponsored hacker group manipulated its Claude AI system in order to conduct a large-scale cyber espionage campaign targeting some major corporations and government agencies worldwide. The attackers reportedly used Claude’s autonomous capabilities to execute sophisticated cyberattacks with minimal human oversight. “In mid-September 2025, we detected suspicious…

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Sutak survives KIDNAPPING and assault over financial dispute; suffers severe injuries |

Broadcast image of power influencer ‘Sutak’ Popular streaming influencer Sutak, known for his engaging gaming broadcasts and a subscriber base of around one million, became the victim of a brutal kidnapping and assault on October 26 in Incheon. According to a Yonhap News report, Sutak was attacked in the underground parking lot of his apartment…

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Making of India’s 91st GM Raahul VS: Battling financial troubles, ‘negative emotions’, before doing a Divya Deshmukh | Exclusive | Chess News

India’s 91st GM Raahul VS (Photo Credit: Special Arrangements) NEW DELHI: Not long ago, Nagpur-born Divya Deshmukh stunned the chess world with her sensational triumph at the Women’s World Cup. Having entered as an International Master (IM), the 19-year-old outlasted everyone she faced, and as she lifted the champion’s crown, she also secured the coveted…

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Nawazuddin Siddiqui opens up about suicidal thoughts, rejection and financial struggles, ‘I stood near the railway track and thought, should I just step forward?’ | Hindi Movie News

Nawazuddin Siddiqui, who is known for his powerful performances and raw honesty, recently opened up about one of the darkest phases of his life during a heartfelt conversation with Raj Shamani. The actor reflected on the years before 2012 — a period marked by struggle, rejection, and despair — when he even had suicidal thoughts.In…

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Antonio Brown net worth 2025: Inside the ex-Bucs receiver’s earnings, endorsements, and shocking financial decline | NFL News

Antonio Brown net worth (AP Photos) The name Antonio Brown once stood for brilliance on the football field, but today, it’s a symbol of a superstar’s dramatic fall from grace. The former NFL wide receiver, who dazzled fans with his unmatched speed and agility, is now facing serious legal trouble after being arrested for attempted…

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Millie Bobby Brown’s Net Worth: All about the ‘Stranger Things’ actress’s financial portfolio |

Millie Bobby Brown knows her worth, whether it’s financial or social. The 21-year-old has been making headlines for over a decade after starring in successful series with a humongous fanbase and charting films – only leading to more dollars in her bank account. The prodigy of ‘Stranger Things’ recently grabbed attention for reportedly filing a…

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A Rs 22 crore tax notice built on AI-generated “court rulings”? What the Bombay High Court just ruled | Financial Literacy News

The case involved an increase in the taxpayer’s income from Rs 3.09 crore to Rs 27.91 crore by the Assessing Officer. (AI image) Imagine getting a tax notice from the Income Tax Department – the tax demand on which is partly a result of purported rulings that AI suggested to tax officials! The use of…

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