NEW DELHI: Gross FDI flows into India rose 15.4% to $58.3 billion during April-Oct, while net inflows almost doubled due to lower disinvestment and repatriation. RBI data estimated gross inflows to be 8.8% lower at $6.5 billion in Oct. Recent weeks have seen a spate of announcements, including by Google, Microsoft and Amazon, besides acquisitions…
NEW DELHI: The Supreme Court on Thursday expressed concern over the growing “menace” of lawyers and litigants citing non-existent judgments generated by artificial intelligence, warning that the practice is becoming increasingly common across courts.A bench of Justices Rajesh Bindal and Vijay Bishnoi said such instances were not limited to India but were being seen globally,…
Crypto exchange Kraken, which announced four months ago that it planned to go public, has put its plan on hold, according to two people with knowledge of the matter. The company is still considering an initial public offering, but probably not until market conditions improve, said the people, who spoke on condition of anonymity because…
Currently, PF contributions are set at 12% of the basic salary. (AI image) New labour codes 2025: The government has notified new labour laws that may require companies to ensure basic salary makes up at least 50% of the total cost-to-company (CTC), potentially prompting changes in how pay packets are structured. As a result, for…
NEW DELHI: The Union cabinet’s approval for Atomic Energy Bill, officially titled the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, 2025, which is set to be tabled in the winter session of Parliament, signals a huge policy shift in India’s atomic sector that is expected to accelerate civil nuclear energy…
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ISTANBUL: Turkey’s annual inflation slowed in December to 30.9 percent, a fourth straight month of declines and well below the 44.4 percent posted a year earlier, official figures showed Monday.The 12-month annual average for 2025 as a whole stood at 34.9 percent, down from 58.5 percent in 2024, Turkey’s TUIK statistics agency said.The figure was…
Leading bitcoin BTC$66,807.38 treasury company Strategy has again raised the dividend on its STRC (“Stretch”) preferred series. Led by Executive Chairman Michael Saylor, the firm lifted the annualized payout by 25 basis points to 11.5%. While STRC to this point has performed as hoped by the company — continuing to trade in a tight range…
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