News Flow

India is witnessing a record surge in travel this Diwali, with families blending traditional celebrations with leisure trips, luxury getaways, and spiritual journeys. Online travel platforms report strong growth in both domestic and international bookings, highlighting the country’s festive travel boom.MakeMyTrip co-founder and Group CEO Rajesh Magow said that visiting friends and relatives (VFR) remains…

NEW DELHI: The GST Council, headed by Union finance minister Nirmala Sitharaman, on Wednesday agreed to the biggest ever revamp of the eight-year-old indirect tax regime by rolling out a two-rate structure of 5% and 18%, along with a 40% slab for a handful of sin goods and services.The new rates, barring the incidence on…

San Francisco: AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker. Shares of the chipmaker surged more than 34% on Monday, putting them on…

European Central Bank president Christine Lagarde has warned that undermining central bank independence could unleash “dysfunction” and “instability,” issuing her remarks in the United States at a time when President Donald Trump is intensifying pressure on the Federal Reserve to cut interest rates.Speaking in an interview aired on Fox News after attending the Jackson Hole…