US President Donald Trump US President Donald Trump’s administration is seeking to delay legal proceedings related to tariff refunds, a week after the Supreme Court struck down his sweeping global duties, according to a court filing on Friday.The Supreme Court’s ruling marked a major setback for Trump’s signature economic policy and opened the door to…
Trump Media & Technology Group is looking to reorganise its business, with plans to spin off its social media platform Truth Social into a separate publicly traded company. The company, founded by US President Donald Trump, on Friday, confirmed that it is in discussions with TAE Technologies and Texas Ventures Acquisition III about the proposed…
OpenAI chief executive Sam Altman on Saturday announced that the company has reached an agreement with the US Department of War to deploy its AI models within the authority’s classified network. The development comes at a time when US President Donald Trump has banned every federal agency from using Anthropic.In a post on X, Altman…
Artificial intelligence firm Anthropic said on Friday (local time) that it will challenge Pentagon’s decision to classify the company as a supply-chain risk in court, according to a Reuters report. This comes hours after US President Donald Trump directed federal agencies to stop using the firm’s technology. Trump had ordered every federal department to “immediately”…
The ministry of statistics and programme implementation released a new series of national accounts with 2022–23 as the base year, replacing the 2011–12 series. The revision incorporates fresh data sources such as GST, PFMS and e-Vahan, introduces double deflation in key sectors, and relies on annual surveys for improved household estimates.■ What is a base…
NEW DELHI: India’s economy is estimated to grow at 7.6% in 2025-26, led by manufacturing and services as the country’s statistics office released revised data series with a new base year of 2022-23.The message from the revised numbers is that the economy has remained resilient against the backdrop of trade and geopolitical tensions, and India…
Game-Changer for Global Finance? UAE Unveils World’s First AI-Powered Sovereign Cloud to Guard Banks and Data In a bold leap that could redefine how modern financial systems operate, the Central Bank of the United Arab Emirates (CBUAE) has announced the launch of what it calls the world’s first sovereign financial cloud services infrastructure, a secure…
India GDP growth (AI image) India’s real GDP grew at a robust 7.8% in the third quarter of FY 2025-26 according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). This is the first GDP data that has been released by MoSPI under the new series which revises the base year for…
State-owned NBCC (India) Ltd will redevelop Delhi Development Authority (DDA) staff quarters in two colonies in the national capital at an estimated cost of nearly Rs 775 crore, PTI reported.In a statement, NBCC said it has signed two separate Memorandums of Understanding (MoUs) with DDA for the comprehensive redevelopment of staff quarters located at Old…
Several methodological improvements have been made in the way GDP is calculated. (AI image) India has retained its tag of the world’s fastest growing major economy in the third quarter of the financial year 2025-2026, with a better-than-expected GDP growth of 7.8%. This is despite the third quarter being the first full three months of…
