AI giants turn to massive debt to finance tech race
Debt taken on by major AI firms is typically secured by physical assets, such as data centers or the coveted graphics processing units (GPUs) vital to the technology.
Read MoreDebt taken on by major AI firms is typically secured by physical assets, such as data centers or the coveted graphics processing units (GPUs) vital to the technology.
Read MoreIt identifies Artificial Intelligence and Machine Learning, Advanced Materials, Digital Twins, and Robotics as key enablers, mapping their applications across 13 priority sectors.
Read MoreNew GST reforms for Multimodal Transport (MMT) have introduced a dual-rate structure, taxing simpler operations at 5% with restricted Input Tax Credit (ITC) and complex ones at 18% with full ITC. Operators relying on land and sea routes face significant…
Read MoreAs Finance Minister Nirmala Sitharaman readies Budget 2026, ASSOCHAM has urged greater direct-tax clarity under the Income Tax Act, seeking SEP rationalisation, tax certainty for data-centre investments, and an extension of the 15% manufacturing tax rate. But will these reforms…
Read MoreA case involving fraudulent availment of Input Tax Credit (ITC) amounting to approximately ₹31.95 crore has been detected, as reported by the Ministry of Finance in an official release.
Read MoreIndian refiners, responsible for over half of the nation’s Russian crude imports, have halted purchases for upcoming months. This decision follows US sanctions on major Russian producers, leading top buyers like Reliance Industries to cease Russian cargo acquisition. Smaller entities…
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