The Supreme Court encountered its first AI misuse case where a litigant submitted a response with hundreds of fabricated legal precedents. Senior advocates highlighted the grave concern of AI-generated false case laws impacting judicial decisions. While acknowledging the error, the court proceeded to hear the case on its merits, emphasizing the need for caution. NEW…
The market’s short-term direction is likely to be influenced by INR-USD movements. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in opening trade on Tuesday. While Nifty50 went below 25,900, BSE Sensex was down over 380 points. At 9:18 AM, Nifty50 was trading at 25,836.45, down 124 points…
The parliamentary standing committee on transport, tourism and culture will summon airlines and aviation regulator DGCA next week over the IndiGo fiasco.Sources said the panel, headed by JDU’s Sanjay Kumar Jha, will hold the meeting on Dec 15 or 16 with all stakeholders. “We will examine all aspects of the developments that led to mass…
Welcome to CoinDesk’s Most Influential 2025. This year, Bitcoin broke an all-time high, reaching $126,000 a few short months ago, Ethereum saw not one but two major network upgrades take effect, Solana broke into Wall Street and through it all retail and institutional traders gained ever more access to crypto markets through wrapped products like…
YouTube CEO Neal Mohan, an Indian-origin executive, has been named TIME’s 2025 CEO of the Year. TIME recognized Mohan for his role in shaping YouTube into a dominant force in global cultural consumption. His leadership at the video giant stems from a strong academic background and extensive experience in digital advertising and product development. Source…
IMF on Monday approved a disbursement of around $1.2 billion to Pakistan, lifting the country’s total inflows under the Extended Fund Facility and the Resilience and Sustainability Facility to roughly $3.3 billion. The IMF Executive Board cleared the payment during its meeting in Washington, citing the country’s efforts in macroeconomic reforms.Pakistan remains heavily reliant on…
SC had began its journey as a protector of environment in a petition filed by retired forest officer T N Godavarman Thirumalpad in 1995 seeking protection of the Nilgiri forests from illegal felling of trees, and in the span of three decades, it has protected northeastern forests, Kashmir Khair trees, Aravalli hills, Western Ghats, Saranda…
JP Morgan has a neutral rating on Bajaj Finance with the target price at Rs 1,040. Analysts said that the recent analyst by the company underscored the company’s strategic vision to continue to deliver industry-leading growth towards achieving its goal of 3.2-3.5% of total credit market share and 3.6-4% of retail credit market share (vs…
NEW DELHI: Elon Musk’s Starlink on Monday announced inaugural prices for its satellite venture in India and, as expected, these were many times more than a regular high-speed broadband connection that is currently being provided by terrestrial providers such as Airtel and Reliance Jio.The company put a Rs 8,600 monthly tariff for its satcom services…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is hovering around 90k after a weekend of sharp but short-lived…
