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GLOBAL NEWS

Union Budget 202526 New Tax Slabs Exempt ₹12 Lakh Earners from Income Tax

With new tax bands and no income tax on yearly incomes up to ₹12 lakh, or ₹1 lakh per month, the Union Budget 2025–2026 seeks to assist the midd

With new tax bands and no income tax on yearly incomes up to ₹12 lakh, or ₹1 lakh per month, the Union Budget 2025–2026 seeks to assist the middle class while encouraging savings and spending. Enhancing MSMEs credit, farmer loans, and rural development assistance are essential. The budget invests significantly in the four development engines—agriculture, MSMEs, investment, and exports. With revised return filing timeframes and adjustments to TDS thresholds, direct tax reforms target the middle class. To emphasise the significance of democracy, demography, and demand in Indias growth trajectory, the government strongly emphasises infrastructure investment, export promotion, and local manufacturing. Read More..

B2B Tech News | 1 months ago      

Reliance Group Plans World’s Largest 3GW Data Center in Gujarat

Reliance Group, led by Mukesh Ambani, intends to construct a giant 3GW data centre in Jamnagar, Gujarat. This facility might surpass the largest in th

Reliance Group, led by Mukesh Ambani, intends to construct a giant 3GW data centre in Jamnagar, Gujarat. This facility might surpass the largest in the world and significantly increase Indias data centre capacity, which was previously less than 1 gigawatt. The facility is expected to be operational by 2027 and mainly use renewable and green energy sources, integrating with Reliances current wind, solar, and green hydrogen projects. However, stability may require backup from fossil fuels. As part of a larger trend of IT companies making significant investments in AI infrastructure, Nvidia will supply the AI processors needed for this ambitious endeavour. Despite possessing about $26 billion on its balance sheet, it is still unclear how Reliance would finance the project, which is expected to cost between $20 billion and $30 billion. Read More..

B2B Tech News | 1 months ago      

WhatsApp Accuses Israeli Spyware Firm Paragon of Hacking 90 Users

Using a covert zeroclick attack, WhatsApp has accused Israeli spyware company Paragon Solutions of hacking about 90 users, including journalists and m

Using a covert zeroclick attack, WhatsApp has accused Israeli spyware company Paragon Solutions of hacking about 90 users, including journalists and members of civil society. In retaliation, WhatsApp blocked the hacking attempt, issued Paragon a ceaseanddesist letter, and sent users to Citizen Lab for assistance. AE Industrial Partners recently purchased Paragon, which is an ethical spyware supplier. However, experts contend that such abuses are part and parcel of the commercial spyware sector. This episode is becoming more pressing because of concerns about spyware that targets government officials, journalists, and activists globally. Read More..

B2B Tech News | 1 months ago      

Google Confirms Cybercriminals Exploiting Gemini AI for Attacks

Google has acknowledged that hundreds of cybercriminal organisations worldwide use its AI tool, Gemini, to intensify attacks. Threat actors from natio

Google has acknowledged that hundreds of cybercriminal organisations worldwide use its AI tool, Gemini, to intensify attacks. Threat actors from nations including China, North Korea, Russia, and Iran utilise Gemini for phishing campaign creation, vulnerability research, scripting, and reconnaissance. Still, it hasnt been used to create new attack techniques. Interestingly, Gemini is used by North Koreas APT42 to perform defence expert research, localise information, and improve phishing messaging for more convincing attacks. Traditional security methods like identifying grammar mistakes are becoming less effective as AI increases the sophistication of phishing, forcing cybersecurity experts to implement new defence tactics. Read More..

B2B Tech News | 1 months ago      

Mistral Unveils “Small 3” AI Model, Optimized for Speed and Efficiency

The Mistral Small 3 AI model is a 24billionparameter LLM with latency optimisation intended for efficiency and speed. It is competitive with Metas Lla

The Mistral Small 3 AI model is a 24billionparameter LLM with latency optimisation intended for efficiency and speed. It is competitive with Metas Llama 3.3 70B model and, according to the Parisbased AI company, performs better than OpenAIs GPT4o mini despite being smaller. Unrestricted use for both commercial and academic purposes is permitted under the Apache 2.0 license. Unlike many other models, it was not taught using artificial intelligence or reinforcement learning. Secure local inference, lowlatency function calling, and quick response chatbots are all perfect uses for this paradigm, which can even operate covertly on a single Nvidia RTX 4090 GPU. Mistral Small 3 is accessible to developers on Hugging Face and elsewhere. Read More..

B2B Tech News | 1 months ago      

OpenAI Unveils “Deep Research” AI for MultiStep Online Analysis

OpenAI has introduced "deep research," a new AI tool to facilitate multistep online research on complex issues. Deep research creates detailed reports

OpenAI has introduced "deep research," a new AI tool to facilitate multistep online research on complex issues. Deep research creates detailed reports similar to a research analysts by analysing various web sources, such as text, photos, and PDFs, using an optimised version of the future OpenAI o3 model. Despite acknowledging shortcomings in effectively conveying uncertainty and differentiating reliable sources from rumours, OpenAI claims the program can accomplish hours of human investigation in minutes. Starting Sunday, deep research will be available on ChatGPTs web version. By February, it will also be available on desktop and mobile devices. OpenAI has already released two AI agents this year after launching "Operator," a task automation tool, in January. Read More..

B2B Tech News | 1 months ago      

RBI’s $5 Billion Dollar/Rupee Swap Auction Set to Attract Strong Interest

On Friday, six bankers predict substantial interest from banks and corporate treasuries in the Reserve Bank of Indias RBI 5 billion dollar/rupee buyse

On Friday, six bankers predict substantial interest from banks and corporate treasuries in the Reserve Bank of Indias RBI 5 billion dollar/rupee buysell swap auction. This sixmonth dollar/rupee swap is a component of the RBIs plan to counteract the rupees depreciation by injecting roughly 1.5 trillion rupees $17.33 billion into the banking system. The RBI will buy spot dollars at the auction to improve rupee liquidity and temporarily decrease dollar availability. Corporate treasuries are expected to take part in obtaining forward money. There are differing views on the precise premium levels. Still, most bankers believe the auction will see significant oversubscription and that the cutoff premium will be near current market rates. The auction is designed to accommodate multiple bids at different prices, with the RBIs ongoing interventions likely to stabilize the auction cutoff levels. Read More..

B2B Tech News | 1 months ago      

El Salvador Implements Bitcoin Reforms After $1.4 Billion IMF Loan Agreement

Following a $1.4 billion loan deal with the International Monetary Fund IMF, El Salvador is enacting changes to the usage of Bitcoin in its industrial

Following a $1.4 billion loan deal with the International Monetary Fund IMF, El Salvador is enacting changes to the usage of Bitcoin in its industrial and banking sectors. The government has made Bitcoin payments optional for local retailers to meet IMF requirements. The countrys legislature supported this choice, with only two parliamentarians voting against the reform and 55 in favour. According to lawmaker Elisa Rosales, the legislation would improve Bitcoins status as legal cash and encourage its practical application. The IMF agreement, reached in December 2024, stipulates that taxes must only be collected in US dollars and include steps to restrict the public sectors exposure to Bitcoin. El Salvadors prior cryptofriendly policies attracted Web3 firms, but the country faced IMF scrutiny since April 2024 due to its Bitcoin legislation. Read More..

B2B Tech News | 1 months ago