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ACCOUNTING SYSTEM
Statistical system may get AI overhaul, data to be treated as asset: MoSPI SecyIndia is set to modernize its statistical system. Artificial intelligence will be integrated into official data. A national business regist...- "All TMC MPs, MLAs were involved in fraud": West Bengal Minister Gouri Shankar GhoshWest Bengal Minister Gouri Shankar Ghosh has leveled serious corruption charges against the Trinamool Congress. He alleges widespread scams...
- Amazon to expand automation use in inventory management at India fulfilment centresIn an interview with PTI, Amazon Robotics Chief Technologist Tye Brady said the company already uses several automation solutions in its In...
- US Treasury expands bank data-sharing rules tied to Trump immigration crackdownThe Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...
- Employee created a spreadsheet on personal MacBook to simplify workflow, but after quitting, ex-company now claims he stole it and filed a police reportA California employee says his former company filed a police report accusing him of stealing a “trade secret” after he left with a spreadsh...
- Examination system in crisis: The urgent need to shift focus from cost to capabilityRecent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over e...
- How a 22-year-old Indian techie dropped out to build an AI startupA 22-year-old Indian entrepreneur, Kinjal Nandy, has secured significant pre-seed funding for his AI startup, Sonatic, at a ₹191 crore valu...
- PoliceAI UK: How AI in policing will save 6 million hours and speed up crime investigationsUK PoliceAI is introducing artificial intelligence into policing to speed up investigations, process CCTV and digital evidence faster, tran...
- AI chatbot's BMW buy-back offer sparks questions over accountability in automated customer interactionsA customer's attempt to sell his BMW back to a dealership turned into a lesson in AI accountability when an artificial intelligence chatbot...
- The voice taking your McDonald's order may not be human anymoreMcDonald's is testing a new Google-backed AI drive-thru ordering system capable of handling customer conversations, processing orders, and ...
- US Treasury chief Bessent vows to tap Iran funds for its damage on Gulf alliesMinority shareholders of Jindal Poly Films Limited face a setback. Their class action remedy was reportedly moved to private arbitration wi...
- Who was Sequoyah? The Cherokee genius once accused of witchcraft who created a written language and changed historySequoyah, a Cherokee innovator, developed a unique writing system for his people. This invention transformed the Cherokee into one of North...
- AI risks are here, time for tough rules: Anthropic CEO Dario AmodeiAs artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to ad...
- Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
- Art, maths and killing: Ukraine drone chief's formula to stop RussiaRobert "Madyar" Brovdi's underground command post features walls of blinking screens playing footage of Ukrainian drones attacking Russian ...
- 'Ghostdoor' for employees? Shark Tank's Anupam Mittal wants workers rated on integrity, notice-period behaviourShark Tank judge Anupam Mittal suggests a 'Ghostdoor' app for rating employees on offer integrity and notice-period conduct. He highlights ...
- India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
- CEA Nageswaran backs CAG audit of local bodiesChief economic adviser V Anantha Nageswaran calls for Comptroller and Auditor General of India audits for Panchayati Raj institutions. This...
- Double entryThe universe follows a cosmic accounting system. Every good deed earns credit, while every wrong action incurs a debit. These karmic balanc...
- Over 58 crore Jan Dhan accounts bring crores of Indians into formal banking system: Nirmala SitharamanFinance Minister Nirmala Sitharaman announced over 58 crore Jan Dhan accounts have integrated millions into formal banking. The Pradhan Man...
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