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S&P cuts India’s GDP growth forecast marginally for FY26 FY27

by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, International News, Policy

“In India we see GDP growth easing to 6.8 per cent this fiscal year as high interest rates and a lower fiscal impulse temper urban demand. While purchasing manager indices (PMIs) remain convincingly in the expansion zone, other high-frequency indicators indicate...
CCI rejects Apple’s request to put antitrust report on hold

CCI rejects Apple’s request to put antitrust report on hold

by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The Competition Commission of India (CCI) in August ordered a recall of investigation reports after Apple said the watchdog had disclosed commercial secrets to competitors in the case dating back to 2021, including Tinder-owner Match New Delhi: India’s antitrust...

HC directs Centre to nominate panel members to examine deepfake menace

by AIP Online Bureau | Nov 24, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

The court further directed the committee to invite the experiences and suggestions of a few of the stakeholders like the intermediary platforms, telecom service providers, victims of deepfakes, and websites which provide and deploy deepfakes before submitting its...

National Consumer Helpline to roll out AI-based features, partners with 1,000 firms

by AIP Online Bureau | Nov 24, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

The technological transformation of National Consumer Helpline(NCH has led to a significant increase in its call-handling capacity. The number of calls received by NCH has grown nearly tenfold, from 14,795 calls in January 2015 to 1,41,817 calls in January 2024. This...

Choose correct ITR to report foreign assets; 2 lakh such returns filed: CBDT official

by AIP Online Bureau | Nov 24, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

The shares obtained and income earned by resident tax Indians from their employers through employee stock options should also be disclosed to the Income-Tax Department by filling foreign assets and foreign source income schedule provided in the relevant ITR, a senior...
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