The IT Minister said that discussions with banks and industry players had been conducted after the Promotion and Regulation of Online Gaming Act, 2025 was passed in Parliament last month, and that it would be implemented on October 1.

500 AI data labs will be set up across the country, IT Minister Ashwini Vaishnaw announced on Thursday. The Minister also announced more firms that would receive GPU support to train AI models under the IndiaAI Mission.

India's net direct tax collections surged by 9.18% to exceed Rs 10.82 lakh crore, propelled by increased corporate advance tax payments. However, refunds witnessed a 24% decline to Rs 1.61 lakh crore. The government aims for Rs 25.20 la ...more

US mortgage rates witnessed a decline. The average rate on a 30-year mortgage reached 6.26%. This is the lowest since early October. Freddie Mac reported this news on Thursday. The Federal Reserve's rate cut of 2025 contributed to this ...more

Anil Ambani has been named as accused in the charge sheet filed in a Mumbai court along with Rana Kapoor, his wife and daughters, and several companies.

RBI Governor Sanjay Malhotra emphasized fiscal discipline for economic growth, urging states to prioritize expenditure quality and prudent borrowing. At the 35th Conference of State Finance Secretaries, discussions centered on fiscal co ...more

Industry insiders point out that the biggest pinch comes from unutilised credits