Brent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el-Mandeb — at the same time. While markets were already grappling with disruptions in Hormuz due to…
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China’s Kimi K3 AI model has emerged, significantly narrowing the technological gap with American frontier systems. This development has prompted intense debate across Silicon Valley and Washington regarding China’s AI capabilities. The model’s performance, affordability, and open-weight release strategy are…
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Anti-paper leak bill: The Union Cabinet approved amendments to the Prevention of Paper Leak law. These changes propose a maximum 10-year prison term and a Rs 10 crore fine. The minimum jail term will also increase from three to five…
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Finance Minister Nirmala Sitharaman urged tax officials to ensure taxpayer convenience. She stressed firm action against tax evasion and economic certainty. Officials must adopt an empathetic approach while enforcing tax laws. Sitharaman outlined five priorities for the Income Tax Department.…
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INDIA-REGULATORS-INVESTOR-India to roll out common customer ID for banks, insurers; mutual funds to follow, sources say
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Flipkart plans to launch a pilot in India’s online food delivery sector soon. This move aims to challenge established players like Zomato and Swiggy. The company will learn from this pilot before considering a wider national rollout. Flipkart believes a…
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