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India’s trade caught in the middle
Finance Minister Nirmala Sitharaman said on Monday that India-U.S. trade talks have reached a “plateau” and further concessions from either side might be difficult. To begin with, those celebrating India extracting a great trade deal from the U.S. miss the point. While a deal with some relaxations may be better than no deal, we have…
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Property taxation needs structural reform
There are three life stages of property tax — enumeration (identification of properties and maintenance of property records along with property details), property valuation and tax assessment, and tax billing and collection. Representative file image used. | Photo Credit: Getty Images/iStockphoto A robust property tax system is vital for India’s cities. Property tax is not…
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Iceland courts India for geothermal, CCUS, ‘carbon-to-stone’ technologies
Jóhann Páll Jóhannsson, Iceland’s Minister for the Energy, Environment and Climate. | Photo Credit: Special Arrangement. Iceland is confident about the opportunities emerging in India’s evolving geothermal energy landscape and believes regulatory challenges can be overcome, Jóhann Páll Jóhannsson, Iceland’s Minister for Energy, Environment and Climate, told The Hindu on the sidelines of his visit…
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Harness engineering is how AI developers are now trying to make agents work reliably | Explained
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The story so far: For the past few years, improving AI largely meant improving what the model was told and what it could see. Prompt engineering emerged as a way of giving models better instructions. As tasks grew more complex, the focus expanded to…
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Failure to finalise US trade deal may hurt India, but new FTAs can cushion tariff blow: RBI chief
Reserve Bank of India (RBI) Governor Sanjay Malhotra addresses a press conference in Mumbai | Photo Credit: ANI A failure to finalise a trade deal between India and the U.S. could have “some negative impact” on the Indian economy, but a string of recent trade agreements and diversification of exports could cushion the fallout from…
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Individuals spared from new FEMA reporting requirement: RBI clarifies
Individuals undertaking forex transactions for personal purposes will not be covered by the Reserve Bank of India’s (RBI) new FEMA reporting requirements, Governor Sanjay Malhotra clarified on Wednesday, as concerns grew among freelancers, content creators and small service exporters. The RBI said it will soon issue a set of FAQs to clear the confusion surrounding…