India emerges as a key battleground for global AI dominance, with OpenAI leading the charge by establishing an Indian unit and launching localised, affordable AI solutions like ChatGPT Go. This move intensifies competition among tech giants like Google and Microsoft,…
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Fitch Ratings has affirmed India’s Long-Term Foreign-Currency Issuer Default Rating at ‘BBB-’ with a Stable Outlook. While upcoming U.S. tariffs pose a moderate downside risk, Fitch notes the situation remains uncertain. The Trump administration plans to impose a 50% tariff…
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The Russia-India-China alliance, initially conceived as a counterweight to the US, is being revived amidst Trump’s trade war. Despite shared grievances with Washington, historical tensions and economic disparities, particularly between India and China, hinder the union’s long-term viability.
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To combat benami property deals, a CBDT panel suggests stricter measures, including access to Aadhaar data and property registries. The recommendations aim to identify ‘dummy directors’ in shell companies and confiscate other assets if benami properties are untraceable. These steps…
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As the Adani Group continues to navigate its financial future, the shift towards domestic lenders appears to be a strategic move, reflecting both the changing dynamics of Indian banking and the group’s efforts to maintain financial stability in a rapidly…
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Following the ban on online money gaming, IT Secretary S Krishnan said that the industry’s future isn’t entirely bleak, highlighting growth potential in e-sports and social gaming. He emphasised the legislation aims to bring structure to the sector, prioritising public…
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