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GOVERNMENT LIABILITIES
UP Cabinet approves robotics, AI park in Greater NoidaThe Uttar Pradesh Cabinet has approved the establishment of a robotics and AI park in Greater Noida. This park is expected to generate over...- Global Market: Japan life insurers eye domestic bonds as foreign debt selling growsJapan’s major life insurers are split on increasing domestic government bond holdings as rising yields make Japanese debt more attractive. ...
- Infosys in talks with US DOJ over H-1B employee classification probeInfosys has said it is in discussions with the US Justice Department over an investigation into how certain H-1B employees were classified ...
- RBI steps up liquidity support as tighter cash conditions push up borrowing rates: ReportTightening liquidity in the banking system has pushed up short-term borrowing rates, prompting the Reserve Bank of India (RBI) to inject fu...
- Trump administration student debt collection: Five ways borrowers can protect their paychecks from federal garnishmentMillions of Americans struggling with student loan debt may soon face renewed collection efforts from federal agencies. The Education Depar...
- Sumitomo Life to remain cautious on JGB yields, keep investment pace unchanged from H1Sumitomo Life Insurance will maintain its investment pace for Japanese government bonds in the upcoming months. It intends to carefully mon...
- From Carnegie to Claude: AI wealth could reshape philanthropyA wave of American wealth created by artificial intelligence companies could produce some of the largest charitable sums since the era of A...
- Rogue AI agents exposing India’s data law blindspotsAs companies edge closer to the May 2027 enforcement deadline for the Digital Personal Data Protection (DPDP) law, AI’s emerging cybersecur...
- GST tribunal says airlines can claim tax refund if fare, GST returned to passengersGST Appellate Tribunal ruled that GST paid on cancelled airline tickets is refundable if conditions are met. Singapore Airlines successfull...
- Govt to bankroll half the cost of deepwater wells, but wants its money back from winnersThe Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provid...
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSenior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the ...
- What kind of AI economy does India want to build?India's debate on regulating artificial intelligence is evolving and mostly focuses on copyright and economic incentives. Recent legal ruli...
- Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling riskThe Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of ...
- Finance Ministry to invite comments on amended GST return forms from Nov 1The Finance Ministry will invite comments from businesses on proposed changes to GST return forms. This feedback period will begin on Novem...
- Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedingsThe Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying th...
- Anthropic to commit 5% of its shares worth billions for public benefit. Who will gain from the money?Anthropic plans to commit 5% of its shares to a new public benefit fund that could be worth billions of dollars as the AI company grows. Th...
- Global Market: ECB sees Euro liquidity support boosting global currency roleEuropean Central Bank Chief Economist Philip Lane stated that stronger euro liquidity facilities can enhance the currency's global role. Mo...
- Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: CrisilYes Bank faces a potential decline in core equity capital, projected to fall to around 10% due to accumulated coupon payments on AT1 bonds....
- Global Market: China's wealthy rush to unwind offshore trusts as tax deadline loomsChina’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas...
- Keralam sanctions Rs 63.37 crore to clear paddy procurement liabilityKeralam has sanctioned Rs 63.37 crore to clear Supplyco’s financial liability from paddy procurement during the 2022-23 season, Food and Ci...
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