Excise policy protest: Maharashtra bars, permit rooms to shut on July 14; Industry body calls tax hikes ‘draconian’

More than 20,000 bars and permit rooms across Maharashtra will observe a one-day bandh on July 14 to protest what the hospitality sector has called “draconian” tax hikes by the state government, the Indian Hotel and Restaurant Association (AHAR) said on Saturday.The association said the shutdown is aimed at opposing multiple tax increases imposed over…

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‘Sooner or later…’: Paytm founder sees impact of AI on jobs as ‘inevitable’; says artificial intelligence will also create new roles

The impact of artificial intelligence (AI) on jobs is “inevitable”, according to Paytm founder Vijay Shekhar Sharma, who said AI will become part of routine business processes sooner rather than later. “Sooner or later we will have to start using AI as an employee or even as a CFO,” Sharma said at an AI-focused event…

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