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Improving the ease of doing business has been a consistent focus of the government. Successive Budgets have announced initiatives towards policy and regulatory reforms, decriminalisation and easing compliances in various spheres including taxation. The current financial year witnessed significant measures like structural simplification through the new Income tax law, boosting consumption through tax reliefs for…
US President Donald Trump said on Thursday that he will announce his nominee for the next Federal Reserve chair next week. The new chair will replace Jerome Powell, whose term ends later this year.Trump shared the timeline during a Cabinet meeting with his secretaries. “It’ll be a person that will do, I think, do a…
US President Donald Trump’s trade adviser Peter Navarro has renewed his criticism of India, this time questioning why American users are ‘paying’ for AI services in India when platforms such as OpenAI’s ChatGPT operate from within the United States. Speaking in an interview with former White House chief strategist Steve Bannon on “Real America Voice”,…
Across provinces near Beijing, govt has banned burning coal for residential heating to reduce pollution. At first, local govts eased the transition by heavily subsidising natural gas, which is cleaner but expensive. But this winter, officials cut the subsidies. Now, villagers are forced to sunbathe for warmth (NYT photo) QUYANG: The temperature was 28, but…
MUMBAI: RBI is stepping up efforts to promote internationalisation of the Indian rupee by amending foreign trade rules to allow exporters more time to realise export proceeds when transactions are invoiced and settled in rupees, signalling a clear policy preference for Indian rupee-denominated trade.Under the revised 2026 regulations, exporters invoicing in foreign currency will continue…
The Trump administration is considering a plan to offer direct cash payments to Greenlanders in an effort to persuade them to break away from Denmark and move closer to the United States, according to multiple sources cited by news agency Reuters.US officials have talked internally about offering lump sum payments of between $10,000 and $100,000…
Representative imagePhoto: Canva Imagine being given lakhs of rupees by the government that too just for going on a date or getting married and having children. Sounds bizarre, right? But in South Korea, this is now a very real policy, born out of desperation instead of generosity.And at the heart of this extraordinary move lies…
Mustafa Suleyman, head of Microsoft AI, emphasizes the staggering financial stakes in the AI landscape, estimating that companies may need to spend hundreds of billions to compete effectively. Such investment is necessary for building robust frameworks and securing premier talent, giving established powerhouses a formidable lead. Microsoft AI CEO Mustafa Suleyman has warned companies of…
US President Donald Trump on Wednesday (local time) announced a one-time $1,776 “warrior dividend” for American military troops for Christmas, indicating that tariffs were funding the payments.Flanked by two Christmas trees and a portrait of George Washington, Trump speaking at the White House said that around 1.45 million service members would receive the payment, with…
Karisma Kapoor‘s children are fighting a legal battle against Sunjay Kapur’s widowed wife Priya Kapur in the court. Sunjay Kapur passed away in June this year, but soon after his demise, there’s been a family feud regarding his will and Rs 30,000 crore estate. Karisma’s children filed a plea in court, alleging that Priya has…
