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Finance Minister Nirmala Sitharaman Unveils BharatTradeNet to Streamline Trade Documentation

BharatTradeNet BTN, a single digital network created to expedite trade documentation and funding, was unveiled by Finance Minister Nirmala Sitharaman

BharatTradeNet BTN, a single digital network created to expedite trade documentation and funding, was unveiled by Finance Minister Nirmala Sitharaman in the Union Budget 2025. BTN seeks to integrate essential parties, such as exporters, banks, the Directorate General of Foreign Trade, customs, and the Goods and Services Tax Network, to eliminate paperbased procedures and lower traderelated expenses. Furthermore, ₹2,250 crore has been suggested for an Export Promotion Mission. The ministries of finance, micro, small and mediumsized businesses MSME, and trade and industry will work together to advance this aim. It seeks to make export finance accessible, boost crossborder factoring, and help MSMEs deal with nontariff trade restrictions in foreign markets. Read More..

B2B Tech News | 2 months ago          

Ecuador and Canada Finalize Trade Agreement to Boost Job Growth Across Multiple Sectors

After months of negotiations, Ecuadorean President Daniel Noboa declared on social media that a new trade agreement was finalised between Ecuador and

After months of negotiations, Ecuadorean President Daniel Noboa declared on social media that a new trade agreement was finalised between Ecuador and Canada. The deal is anticipated to boost job development in several industries, including flowers, canned tuna, textiles, and auto components. To establish a more sustainable and fair trade partnership, Noboa emphasised that the agreement contains pledges from both nations respecting labour and environmental policy. Read More..

B2B Tech News | 2 months ago          

SoftBank and OpenAI Form Joint Venture to Deliver AI Solutions to Japanese Corporates

Masayoshi Son, the CEO of SoftBank Group, and Sam Altman, the CEO of OpenAI, unveiled a new joint venture on Monday that will offer artificial intelli

Masayoshi Son, the CEO of SoftBank Group, and Sam Altman, the CEO of OpenAI, unveiled a new joint venture on Monday that will offer artificial intelligence services to Japanese business clients. This partnership is a component of SoftBanks more significant intention to invest $15 billion to $25 billion in OpenAI. In addition, SoftBank is investing $15 billion in a joint venture called Stargate, which will be partnered with OpenAI and Oracle to improve AI capabilities in the United States. Son made his second public appearance besides Donald Trump since his election as president earlier that month when the Stargate initiative was introduced. This week, Japanese Prime Minister Shigeru Ishiba is set to meet Trump for the first time. Read More..

B2B Tech News | 2 months ago          

India’s Review of Crypto Policies Follows U.S. Move to Regulate Digital Assets

According to Economic Affairs Secretary Ajay Seth, India is reevaluating its stance on cryptocurrencies in light of shifting worldwide perceptions of

According to Economic Affairs Secretary Ajay Seth, India is reevaluating its stance on cryptocurrencies in light of shifting worldwide perceptions of virtual assets. The U.S., where President Donald Trump proposed the creation of a cryptocurrency working group to regulate digital assets and investigate a national cryptocurrency stockpile, is one of the countries that has recently implemented cryptofriendly regulations. Seth underlined that as cryptocurrencies are international assets, Indias stance cannot be unilateral. Indian investors are still using cryptocurrencies despite strict laws and steep trade taxes. In contrast to the central banks warnings about the economic hazards posed by offshore exchanges, the Financial Intelligence Unit FIU has taken action against them for noncompliance, and last year, Indias market regulator expressed a willingness to allow private virtual assets. Read More..

B2B Tech News | 2 months ago          

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 | 2 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 | 2 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 | 2 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 | 2 months ago          



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