An MIT study reveals that generative AI’s impact on jobs is gradual and industry-specific, not catastrophic. Workforce reductions are limited to already vulnerable roles like customer support, with technology and media sectors anticipating the most shifts. The focus is now…
Read More
Despite repeated disruptions and adjournments, the Monsoon session of Parliament concluded with the Lok Sabha passing twelve bills and the Rajya Sabha fifteen. Key legislation included amendments to GST, sports governance, anti-doping measures, and regulations for online gaming. A government…
Read More
Payments Council of India has re-appointed Vishwas Patel as chairperson. M N Srinivasu and Nalin Bansal are appointed as co-chairpersons. Their term will be for 2025-27. PCI supports digital payments growth. It aims to reduce cash usage and promote financial…
Read More
Equity Derivatives Tenure Raise: A surge in derivatives trading, which has also been driven by retail investors, has prompted the Securities and Exchange Board of India to limit the number of contract expiries and increase lot sizes to make such…
Read More
India and Russia plan to boost their annual trade by 50% to reach $100 billion. Both nations seek to reduce tariffs. This comes amid rising tensions with the US. Subrahmanyam Jaishankar highlights the need to remove trade barriers. Narendra Modi…
Read More
Modi’s government plans GST tax cuts. This move may cause revenue loss for states. States and the center will negotiate revenue sharing. Some states worry about financial impact. The GST Council will discuss the proposal. The government aims for consensus…
Read More