India-UK FTA must drive transformational growth, not just higher trade: Piyush Goyal

Piyush Goyal on Friday urged Indian and British businesses to look beyond incremental gains from the India-UK Free Trade Agreement (FTA), saying the pact should become a catalyst for “transformational growth” when it comes into force on July 15. Commerce minister Piyush Goyal on Friday urged Indian and British businesses to look beyond incremental gains…

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AI is changing financial regulation as watchdogs build tools to fight cyber threats

Recent AI models capable of identifying software vulnerabilities have heightened concerns over cyberattacks, operational risks and national security, prompting financial watchdogs to accelerate the adoption of supervisory technology. Financial regulators are racing to adopt artificial intelligence (AI) to keep pace with rapidly evolving cyber threats, with watchdogs increasingly developing their own AI-powered supervisory tools to…

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Green urea push: Centre plans 7.24 lakh MT green ammonia procurement to reduce fertiliser imports

The Department of Fertilisers (DoF) has issued an Invitation for Expression of Interest (EOI) for setting up Green Urea plants and recently held a high-level pre-EOI meeting. The Centre has drawn up a roadmap to kickstart Green Urea production in India, proposing annual procurement of 7.24 lakh metric tonnes (MT) of Green Ammonia under the…

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8th Pay Commission: Will fitment factor stay close to 2.57? Why a cautious approach is expected

Employee unions have sought a substantially higher fitment factor of 3.83. (AI image) 8th Pay Commission news: The Eighth Central Pay Commission is expected to adopt a measured approach while deciding the fitment factor, keeping in view the financial implications for both the Centre and the states as it moves into the concluding phase of…

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Amid India-US trade deal talks, Trump admin’s fresh warning to world: ‘Old tariffs may return’

Bessent said tariff rates could revert to their earlier levels if the ongoing Section 301 investigations lead to the imposition of new duties. (AI image) US Treasury Secretary Scott Bessent’s latest warning of additional tariffs under Section 301 comes at a time when US Trade Representative Jamieson Greer was in India this week.Greer met Commerce…

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How Venezuela’s strongest earthquake in a century could affect India’s crude oil imports

AI generated image, used only for representational purpose Venezuela is grappling with the aftermath of its strongest earthquakes in more than a century, at a time when its economy and energy sector are already under severe strain.Hit by US-led sanctions, high inflation, corruption and years of poor management, Venezuela’s economy has contracted by around 80%…

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