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GLOBAL NEWS

India and EU Finalize Five Key Chapters in Free Trade Agreement Negotiations

Five chapters of the free trade agreement FTA negotiations between India and the EU have been completed. These chapters address intellectual property,

Five chapters of the free trade agreement FTA negotiations between India and the EU have been completed. These chapters address intellectual property, trade facilitation and customs, transparency, good regulatory practices, and mutual administrative assistance. During the May 12–16 talks in New Delhi, the EU suggested online applications and the accreditation of EU Conformity Assessment Bodies as ways to streamline certification procedures under Indias Quality Control Orders QCOs. Both parties hope to finalise the FTA by the end of 2025, and the 12th round of negotiations is set for July in Brussels. Read More..

B2B Tech News | 4 months ago      

Paytm Shares Drop 10% as Finance Ministry Rejects UPI Transaction Fee Rumors

After Indias Finance Ministry rejected allegations that UPI transaction fees would be introduced, claiming they were unfounded and untrue, Paytms stoc

After Indias Finance Ministry rejected allegations that UPI transaction fees would be introduced, claiming they were unfounded and untrue, Paytms stock fell 10%. Though the government reiterated its commitment to zero MDR Merchant Discount Rate for UPI payments, the conjecture had stoked expectations of greater payment margins. Analysts caution that Paytms adjusted core profitability may drop by more than 10% in FY26 and FY27 in the absence of MDR or further government incentives. Citing high operating costs, the Payments Council of India had earlier urged the government to reevaluate MDR for major merchants. Read More..

B2B Tech News | 4 months ago      

ECB Cuts Interest Rates to 2% as Inflation Falls Below Target

After a peak of 4% in 2023–2024, the European Central Bank ECB lowered its benchmark deposit rate to 2% for the seventh time. Amid a declining Euroz

After a peak of 4% in 2023–2024, the European Central Bank ECB lowered its benchmark deposit rate to 2% for the seventh time. Amid a declining Eurozone economy and trade concerns with the United States, the move attempts to boost consumers and businesses. ECB President Christine Lagarde stressed that there is still an opportunity for additional easing because inflation has dropped to 1.9%, which is below the 2% target. Inflation is expected to return to 2% by 2027, although the ECB also lowered its 2026 inflation projection to 1.6%. Because of the uncertainties surrounding U.S. trade policies, the ECB is still cautious, even if analysts expect more rate reductions. Read More..

B2B Tech News | 4 months ago      

Microsoft’s June 2025 Patch Tuesday Fixes 67 Security Flaws, Including Two ZeroDays

The June 2025 Patch Tuesday release from Microsoft fixes 67 security vulnerabilities, including two zeroday vulnerabilities. Prior to the patch, one o

The June 2025 Patch Tuesday release from Microsoft fixes 67 security vulnerabilities, including two zeroday vulnerabilities. Prior to the patch, one of these vulnerabilities was actively exploited. By deceiving users into clicking on a malicious URL, the most serious vulnerability, CVE202533053, impacts Web Distributed Authoring and Versioning WebDAV and enables attackers to execute remote malware. The second zeroday, CVE202533073, affects the Windows SMB client and gives hackers access to susceptible machines system rights. Additionally, Microsoft patched 11 serious vulnerabilities, including those related to remote code execution. The company fixed Microsoft Edge security flaws earlier this month, including a Google Chrome zeroday vulnerability. Read More..

B2B Tech News | 4 months ago      

Deloitte Launches Asia Pacific Agentic AI CoE to Accelerate Trusted AI Adoption

In an effort to expedite the transformation of trustworthy AI, Deloitte established its Asia Pacific Agentic AI Centre of Excellence CoE in Singapore,

In an effort to expedite the transformation of trustworthy AI, Deloitte established its Asia Pacific Agentic AI Centre of Excellence CoE in Singapore, Malaysia, and India. The CoE supports more than $1 billion worth of AI implementations and brings together more than 6,000 practitioners. It links delivery centres in North America, Asia Pacific, and EMEA and is tightly connected with Deloittes Global Agentic Network. Agentic AI, which permits autonomous decisionmaking and ongoing learning, is the initiatives main focus. Enterpriseready digital agents for marketing, sales, procurement, and finance will be powered by Deloittes Zora AI technology stack, which was created in partnership with NVIDIA. Additionally, the CoE will speed up proofofconcept development, establishing India as a leader in agentic AI worldwide. Read More..

B2B Tech News | 4 months ago      

OpenAI Unveils O3Pro, Its Most Advanced AI Reasoning Model Yet

The latest reasoning model from OpenAI, O3Pro, is intended for use in writing, science, programming, and mathematics. With enterprise and educational

The latest reasoning model from OpenAI, O3Pro, is intended for use in writing, science, programming, and mathematics. With enterprise and educational access on the horizon, it takes the place of O1Pro for ChatGPT Pro and Team users. Important features include better reasoning, better tool integrations such as file analysis, online search, Python execution, and computer vision, and greater RAM, which allows for more customised solutions. The model performs better than Claude 4 Opus in scientific tests and Google Gemini 2.5 Pro in math benchmarks however, image production is still not supported. Developers can now use tokens more affordably thanks to OpenAIs reduction in token prices. Although ChatGPTs temporary chats are disabled due to technical difficulties, OpenAI is still working to improve the models capabilities. Read More..

B2B Tech News | 4 months ago      

Sam Altman’s Tools for Humanity Expands EyeScanning Orbs Across the UK

In the UK, Sam Altmans Tools for Humanity has expanded their biometric identity verification system by including eyescanning Orbs. With ambitions to e

In the UK, Sam Altmans Tools for Humanity has expanded their biometric identity verification system by including eyescanning Orbs. With ambitions to expand to Manchester, Birmingham, Cardiff, Belfast, and Glasgow, the Orbs—which use a users irises to produce a World ID—are now available in London. The solution offers secure authentication without requiring personal information and attempts to counter AIgenerated deepfakes. In addition to their digital identity, users who choose to participate receive Worldcoin cryptocurrency prizes. The project is being closely examined by officials in Germany, Argentina, Spain, and Hong Kong, raising privacy concerns. Read More..

B2B Tech News | 4 months ago      

Nvidia CEO Jensen Huang Declares Quantum Computing at an Inflection Point

Nvidias CEO, Jensen Huang, asserted that quantum computing is poised for significant advancement, paving the way for more beneficial applications in t

Nvidias CEO, Jensen Huang, asserted that quantum computing is poised for significant advancement, paving the way for more beneficial applications in the future. At the Paris VivaTech conference, Huang underlined that, in the near future, quantum computing might resolve complicated issues that would otherwise need years of processing on Nvidias most sophisticated AI systems. Following IBMs recent disclosure of a largescale quantum computer that can operate errorfree by 2029—a major step towards widespread adoption—his comments come after the news. Stocks in quantum computing also soared as a result of Huangs remarks, with large increases made by firms including DWave Quantum, IonQ, and Rigetti Computing. Read More..

B2B Tech News | 4 months ago