What One Airline’s Meltdown Reveals About India’s Economy
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Synopsis SBI’s Ashwini Kumar Tewari voiced worries about the Account Aggregator system. He highlighted that customers often give one consent for all financial services without fully grasping the details. Agencies MUMBAI: SBI managing director Ashwini Kumar Tewari on Wednesday expressed concerns over Account Aggregator’s mechanism of obtaining a single consent from customers for all financial
Synopsis Jamie Dimon, CEO of JPMorgan Chase, America’s largest bank, has once again repeated his claim that AI will eventually eliminate jobs. He urged workers to focus on unique human-only skills such as critical thinking, clear communication and emotional intelligence. Jamie Dimon has been optimistic about the long-term potential of AI. Reuters JPMorgan Chase CEO
Synopsis Shashi Tharoor has refused to accept the Veer Savarkar International Impact Award, stating he was not informed about the award’s nature or the organizing body. A senior Congress colleague had also urged him not to accept any honor named after Savarkar. The award organizers claim Tharoor was informed and invited. Listen to this article
Synopsis India’s Goods and Services Tax (GST), introduced in 2017, unified indirect taxes, simplifying compliance and fostering a national market. Recent rate cuts, despite simplifying the structure, have maintained stable collections, demonstrating economic resilience. These collections are crucial for government spending and meeting fiscal targets, especially as they boost consumption and support GDP growth amidst
Ajay Gupta, one of the co-owners of Goa’s ‘Birch by Romeo Lane’ nightclub, said that he is “only a partner” as he was brought to Delhi’s Anti-Extortion and Kidnapping Cell of the Crime Branch on Wednesday in connection with the blaze that killed 25 people. Gupta, wearing a mask and covering most of his face
A 16-year-old Delhi schoolboy, Shourya Patil, died by suicide on November 18 after allegedly facing days of humiliation by some teachers — a loss that has shaken his classmates, triggered protests outside his school, and left a city asking how a child could feel so cornered, so unseen. Suicides have been explained in many ways
Synopsis India and the EU are nearing a free trade agreement, with a rough outline now prepared. Commerce Minister Piyush Goyal expressed confidence in an early conclusion, noting positive discussions with EU officials. Both sides are committed to finalizing the deal, which could significantly boost bilateral trade in goods and services, impacting sectors like automobiles
Even with some regulatory uncertainty and not many investors jumping in, cryptocurrency is still generating a hefty amount of tax revenue for the Income Tax Department. According to the data shared by the Finance Ministry in Lok Sabha, crypto exchange platforms have gathered almost Rs 1,100 crore from users in the past 3 financial years
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