GPAI summit: Countries back India’s approach on safe AI

Twenty-nine-member countries, including India, the UK, Japan and France, which are part of the Global Partnership on Artificial Intelligence (GPAI), on Wednesday affirmed their commitment to work towards advanced, safe, secure, and trustworthy artificial intelligence (AI), while also looking at relevant regulations, policies, standards, and other initiatives.This assumes significance given that India, which is hosting […]

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Loss & Damage must not become a lost cause: When gavel comes down at COP28, loopholes shouldn’t be the reason why losses aren’t accounted

Vaibhav Chaturvedi, Jhalak Aggarwal India witnessed a 24% increase in the frequency and intensity of climatic extremes over the past 20 years compared to the previous 30. It shows why emission reduction isn’t enough, and why countries bearing the brunt of such events, like India, have been demanding dedicated funds to support recovery from loss […]

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ITR Filing: What are the disclosure requirements for Indian residents who hold foreign assets?

Question: What are the disclosure requirements for Indian residents who hold foreign assets?Answer by Dr Suresh Surana, Founder, RSM India: 1.0 Applicable Schedule in the ITR:Schedule FA (i.e. Schedule on Foreign Assets held outside India) must be filled by every individual taxpayer who is a resident and ordinarily resident in India and owns or has […]

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Smartworld Developers to invest Rs 3000 cr in high-end residential project in Gurugram

Smartworld Developers has announced the launch of its latest offering – ‘Smartworld The Edition’ – a high-end residential project in Sector 66 of the Golf Course Extension Road, Gurugram, and plans to invest Rs 3000 crore towards the development of the project. This marks their entrance into the upscale luxury real estate sector. Spread over […]

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A record boom

By Harsh V Pant & Suchet Vir Singh India’s defence export revenue touched a record high of Rupees 15,920 crore for FY23. This was more than 10 times New Delhi’s defence export revenue of Rupees 1,521 crore during 2016-17. What makes this export record even more astonishing is that, only a decade ago, India was […]

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