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Indian firm, CEO among 8 entities sanctioned by US for 'fuelling' civil war in SudanThe US has imposed sanctions on eight individuals and entities, including an Indian national, for allegedly fueling Sudan's civil war. Alok...- US allows Anthropic to release Mythos to 'trusted partners'The US government has partially lifted restrictions on Anthropic's advanced AI model, Claude Mythos 5, allowing trusted partners access aft...
- Xi backs Bangladesh in upholding sovereignty, 'rejecting foreign interference' in talks with PM RahmanChinese President Xi Jinping pledged unwavering support for Bangladesh's sovereignty and rejection of foreign interference during Prime Min...
- Fintech Airwallex secures $320 million in new funding round at $11 billion valuationFintech giant Airwallex has secured a significant $320 million funding round, valuing the company at $11 billion. This substantial investme...
- Make Indian auditors less of an oddityIndia's ambition for a globally competitive audit sector faces hurdles, with local firms struggling to match multinational rivals. While pr...
- Trusted Interdependence: India's next step in defence self-relianceIndia's defence strategy has shifted from 'Make in India' to 'Aatmanirbharta', emphasizing indigenous development and discouraging imports....
- China begins to snap at America's heels in a tightening tech raceChina’s latest supercomputer ranking has renewed debate over global technology leadership, but current evidence shows the United States sti...
- What should Dubai residents know about new ‘flexi rent’ plan that will allow tenants to pay monthlyDubai is revolutionizing its rental system with the 'Flexi Rent' program, allowing tenants to pay rent in monthly, quarterly, or semi-annua...
- Brazil plans up to $735 million panda bond issuance, says finance ministerBrazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil...
- Legal tech firm sues US over order limiting foreign access to top-tier Anthropic modelsLegion LegalTech Corp, a legal tech firm based in the US, has initiated legal action against the federal government after a controversial d...
- IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
- India eyes chip investments at Pax Silica SummitIndia is actively seeking semiconductor investments and multilateral funding at the Pax Silica summit in Washington D.C. The nation aims to...
- India at risk of AI blackout? Why Bernstein wants India to have its own DeepSeekBernstein has warned that India risks an "AI blackout" if it remains dependent on foreign AI models, urging the country to develop its own ...
- Singling out Huawei, China's premier defends tech rise, rejects subsidy claimsChina's Premier Li Qiang has pushed back against claims that state subsidies fuel the nation's tech advancements in areas like AI and EVs. ...
- Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in CredThink tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data,...
- Govt revises penalties under FCRA involving receipt of foreign contributions by NGOsNew penalties are now in place for NGOs misusing foreign funds. The Home Ministry has revised compounding penalties for various FCRA violat...
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
- Indian financial firms to tap $1.5 billion overseas bonds this week: BankersIndian lenders are poised to issue approximately $1.5 billion in foreign-currency bonds this week, driven by a new, cost-effective hedging ...
- Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
- ED searches Bengaluru firms over alleged crypto-linked cross-border money transfers; probe estimates over Rs 2,500 croreBengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...
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