White House tech advisor Michael Kratsios has told AI companies worried about unsafe models that they can simply stop development without government permission. Speaking to Fox News Sunday, he said the US already has tools to handle AI risks. His…
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Hindustan Coca-Cola Beverages has appointed Pooja Bedi as its new General Counsel and Company Secretary. Bedi brings over twenty-five years of extensive legal and business leadership experience. She previously held senior roles at Mondelēz India and other major companies. Her…
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The Reserve Bank of India (RBI) has eased compliance procedures for foreign portfolio investors (FPIs), allowing Indian banks to accept original certified copies of specified KYC documents that have been certified by authorised officials overseas.
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UPI MDR charges will attract 18% GST, with the tax generally available as input tax credit for businesses making taxable supplies. However, exempt sectors such as hospitals and schools may have to bear the GST as a cost, while thin-margin…
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India’s REIT market value grew significantly, surpassing Hong Kong for the first time. New listings and expanded portfolios substantially increased the total space available for investors. Office REIT occupancy remained high due to strong demand from multinational companies. The Chinese…
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The elevated crude oil prices pose a direct threat to India’s macroeconomic stability, with retail inflation projected to inch toward the 5.8 to 6.0 per cent mark by next quarter if prices stay elevated, according to Anindya Banerjee, Head –…
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