Actuaries are one of the oldest data scientists in the world. Actuaries are trained to take a long-term view on the models and ask whether it is fair, explicable, and stable over decades, and not just focus on its near-term…
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The finance ministry has sought feedback from regulators, banks and other stakeholders. A broad consensus has emerged that digital gold should be classified as a security under the Securities Contracts (Regulation) Act, 1956.
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India’s IT Minister Ashwini Vaishnaw recently underscored the crucial need for artificial intelligence regulation, prioritizing user safety as a core government concern. He pointed out the unique safety challenges posed by AI that differ significantly from traditional physical technologies. To…
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The Reserve Bank of India has set expectations for Tata Sons to meet its listing criteria. Shapoorji Pallonji Mistry welcomed the decision, highlighting a positive outlook, while Tata Trusts expressed their firm opposition and will explore other avenues beyond a…
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The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants will manage the upload of the tax audit report on the e-filing portal, after which taxpayers need to accept and e-verify…
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The World Bank mobilised $112 billion in private capital for developing nations last year. This significant increase reflects a strategic shift due to donor funding limitations. Private capital mobilisation now nearly matches the World Bank Group’s own lending efforts. The…
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