EconomyRaghuram Rajan Wants Governments To Tax This One Thing AI Companies UseEdited by: Priya RaghuvanshiUpdated Aug 20, 2026, 17:14 ISTRaghuram Rajan has proposed taxing AI tokens and offering retraining credits to help businesses manage potential job losses from AI.Former Reserve Bank of India governor Raghuram Rajan (File Photo)Former Reserve Bank of India governor Raghuram Rajan…
Category: Business
Large Overseas Transfers Under Watch: What Income Tax Department Is Checking
Personal FinanceLarge Overseas Transfers Under Watch: What Income Tax Department Is CheckingAuthored by: Vikas KumarUpdated Aug 20, 2026, 17:15 ISTA nationwide exercise has uncovered entities allegedly sending large sums abroad while reporting minimal business activity. This verification follows a search into fictitious charitable trusts involved in bogus donations.Income Tax DepartmentPhoto : PTIThe season of filing…
India’s 9 Key Infrastructure Sectors Grow 5.4% In July
IndustryIndia’s 9 Key Infrastructure Sectors Grow 5.4% In JulyEdited by: Priya RaghuvanshiUpdated Aug 20, 2026, 18:19 ISTIndia’s core infrastructure output grew 5.4 per cent in July 2026, easing from June’s revised 6 per cent growth as the revamped index tracks nine key sectors.Not all components of the infrastructure index registered growth in July. (File Photo)India’s…
India Eases Rules For Rupee Export Payments, Allows Invoice, Overseas Sales Settlement In INR
EconomyIndia Eases Rules For Rupee Export Payments, Allows Invoice, Overseas Sales Settlement In INRCurated by: Vikas KumarUpdated Aug 20, 2026, 19:29 ISTThis change aims to facilitate trade, especially with nations facing dollar shortages. Rupee payments routed through approved banks will now receive trade-policy benefits, simplifying compliance for exporters.Rupee Export PaymentsPhoto : APIndia eased rules on…
After Nearly 10 Years, India Allows Duty-Free Imports Of Sugar As Prices Surge
EconomyAfter Nearly 10 Years, India Allows Duty-Free Imports Of Sugar As Prices SurgeCurated by: Vikas KumarUpdated Aug 20, 2026, 20:21 ISTPrices have surged nearly 40% in two months due to decreased production, marking India’s first sugar imports in nearly ten years. Duty free sugar importIndia will allow duty-free imports of 1 million metric tons of…
SC Upholds Broad Interpretation Of ‘Industry’ Under Industrial Disputes Act
CompaniesSC Upholds Broad Interpretation Of ‘Industry’ Under Industrial Disputes ActReported by: Harish V NairWritten by: Vikas KumarUpdated Aug 20, 2026, 20:29 ISTThe new Code will have to be interpreted on the basis of its own text and context and the Bangalore Water Supply judgement will not govern its interpretation.Supreme Court of IndiaPhoto : PTIThe Supreme…
US-Iran War Live Updates: US Treasury Secretary Bessent Warns Countries Trading With Iran Of ‘Economic Oblivion’
LIVEUS-Iran War Live Updates: US Treasury Secretary Bessent Warns Countries Trading With Iran Of ‘Economic Oblivion’US Iran War Live Updates: The Strait of Hormuz remains the central flashpoint, with Washington claiming the waterway is open and operating while Tehran insists it will not fully reopen until US demands are met. Meanwhile, attacks on Gulf energy…
New York Tornado Warning: Damage Reported In Atlantic Beach; Video Shows Watersrpout In Long Island
US NewsNew York Tornado Warning: Damage Reported In Atlantic Beach; Video Shows Watersrpout In Long IslandReported by: Naman TrivediUpdated Aug 21, 2026, 05:26 ISTA tornado warning covered parts of Queens and Nassau County as a waterspout was spotted offshore near Atlantic Beach and possible storm damage was reported at the Sun and Surf Beach Club.New…
California 14th District Election Result: Aisha Wahab Wins Race To Replace Eric Swalwell, Overcomes Millions In AIPAC Spending
US NewsCalifornia 14th District Election Result: Aisha Wahab Wins Race To Replace Eric Swalwell, Overcomes Millions In AIPAC SpendingReported by: Naman TrivediUpdated Aug 21, 2026, 05:03 ISTDemocratic state Sen. Aisha Wahab won California’s 14th District special election runoff to replace former Rep. Eric Swalwell, CNN projects.California 14th District Election Result: Aisha Wahab Wins Race To…
US VP JD Vance Calls Economic Pressure ‘Most Effective Tool’ Against Iran, Admits It’s a ‘Delicate Dance’
US NewsUS VP JD Vance Calls Economic Pressure ‘Most Effective Tool’ Against Iran, Admits It’s a ‘Delicate Dance’Edited by: Apoorva ShuklaUpdated Aug 21, 2026, 05:44 ISTUS VP’s remarks come after President Trump threatened “crushing economic measures” against Iran. The US president promised ‘Economic Warfare and Isolation on an unprecedented scale,’ but provided few details.US Vice…