Generative AI adoption surge: Banking sector set for efficiency leap by nearly 46%
A Reserve Bank of India (RBI) report suggests that Generative AI could boost Indian banking operations by up to 46%. The central bank highlights AI’s ...
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DFS secy urges PSBs to boost global competitiveness and governance
Level Up: How India’s Public Sector Banks Can Dominate the Global Stage The winds of change are sweeping through India’s public sector banking landscape. It’s ...
GST has to be paid on discounted price: CBIC
Decoding GST on Discounts: What Businesses Need to Know The world of Goods and Services Tax (GST) can sometimes feel like navigating a maze. Just ...
GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say
The Central Board of Indirect Taxes and Customs provides clarity on Goods and Services Tax. GST will not apply to post-sale discounts offered by manufacturers ...
Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’
China has introduced a two-year plan to stabilize its car industry amidst price wars and trade tensions. The initiative, spearheaded by eight government departments, focuses ...
China gold licences: Yellow metal’s largest buyer to ease rules; continues to diversify away from dollar reserves
China is easing gold import/export licensing, aiming to diversify reserves from the US dollar. The People’s Bank of China (PBOC) plans to broaden the use ...