Chandigarh to Regulate B&Bs with New Policy Framework

Chandigarh is set to introduce a formal legal framework for bed and breakfast facilities with the Bed & Breakfast Policy 2026, replacing a withdrawn 2008 scheme. The policy includes strict regulations, penalties for violations, and maintains residential s

India-UK Trade Deal by May 1, EU Deal by Year-End

India and the United Kingdom are poised to finalize a comprehensive free trade agreement by May 1, 2024, with a separate trade deal with the European Union expected to be concluded by the end of the year, boosting economic ties.

IT Stocks Fall After Anthropic's AI Model Launch

Shares of major Indian IT companies like Infosys and TCS dropped by up to 3% following the release of Anthropic's new AI model, raising concerns about competitive pressures and future growth in the sector.

US Treasury, Fed Summon Bank CEOs Over AI Cybersecurity Threat

US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell urgently convened CEOs of America's largest banks to discuss Anthropic's new AI model, Claude Mythos Preview, and its potential cybersecurity risks to the financial system.

Gold and Silver Prices Fall in India on April 10

Gold and silver prices dropped in major Indian cities like Chennai, Delhi, and Mumbai on April 10, with 24-carat and 22-carat gold rates falling. The decline aligns with lower COMEX gold and silver prices amid USD fluctuations.

Tesla's Low-Cost EV Plan: Volume vs. Margins

Tesla's strategy to launch a lower-cost electric vehicle aims to boost global sales volume but risks squeezing profit margins, especially in competitive markets like China and Europe.

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