Except for the wording, nothing new really, except a lot we have already heard before—incident disclosure, independent audits, verifiable data, containment, governance and so on.
Posted in Business

Google’s space odyssey, assumed AI approach, and Microsoft redoes Copilot again

Cognitive warmup. Aside from calling it Super Intelligence because he perhaps felt the need to, Microsoft CEO Satya Nadella has suggested that we must treat…

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Posted in Economy

Piyush Goyal meets Rishi Sunak, Czech minister; trade, tech partnerships on agenda

New Delhi: Union Minister Piyush Goyal on Tuesday held separate meetings with Czech Republic Deputy Prime Minister and Minister of Industry and Trade Karel Havliček…

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The UPI rate deferment is temporary and a fresh implementation date will be announced after Diwali. (ANI/ Representational)
Posted in Business

National Payments body pushes UPI merchant discount rate implementation till after Diwali

The National Payments Corporation of India (NPCI), which operates India’s retail payments and settlement systems, on Tuesday deferred the implementation of a 0.4% merchant discount…

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Posted in Economy

India-US trade deal heading towards ‘landing point’, EAM Jaishankar says

External Affairs Minister S Jaishankar on Tuesday said negotiations on the India-US trade deal were heading towards a possible conclusion, with officials from both countries…

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IMF also noted India’s achievements in carving out a way to negate the trade disruption in the global economy. (AFP)
Posted in Business

India weathered global storm better than its peers, says IMF

The Indian economy is expected to grow at 7% in 2026-27 and 2027-28, retaining its status as the world’s fastest-growing economy, the International Monetary Fund…

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She attributed much of the pressure on the currency to external challenges, while maintaining that India’s macroeconomic fundamentals remained sound. (PTI)
Posted in Business

Debate on LTCG, securities tax ‘healthy’, says Finance Minister Nirmala Sitharaman

Finance minister Nirmala Sitharaman on Tuesday acknowledged the debate over long-term capital gains (LTCG) tax and securities transaction tax (STT), as well as the rupee’s…

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Spill Games: Spill Games raises $10.5 million led by Elevation Capital
Posted in Startups

Spill Games: Spill Games raises $10.5 million led by Elevation Capital

Bengaluru-based mobile gaming startup Spill Games has raised $10.5 million in a round led by Elevation Capital, with existing investors Centre Court Capital and PeerCapital…

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Posted in Economy

FM Sitharaman ready to hear out stock market tax debate

New Delhi: Finance minister Nirmala Sitharaman on Tuesday said she will be “keenly hearing” the ongoing debate on stock investment taxes, long-term capital gains (LTCG)…

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Between May 2022 and February 2023, RBI increased the repo rate by 2.5 percentage points from 4% to 6.5% — this led to a direct cost increase for long term borrowers.
Posted in Business

Your Money: How to manage your home loan amid rising rates

Rashi and her husband got quite a shock when they realised the principal on their home loan was no longer reducing at the same pace….

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Posted in Economy

Ircon to monetise 4 highway assets; PSU plans to unlock 3,000cr value as part of GoI’s infra monetisation

Mumbai: Ircon International has put four highway assets on the block as part of government’s broader infrastructure monetisation programme, people familiar with the development told…

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