CONSULTING EDITOR
Government open to media suggestions on Digital Personal Data Protection Act, promises to uphold press freedom
The Government of India is willing to consider suggestions from news organisations about the Digital Personal Data Protection Act. Ashwini Vaishnaw stated that journalistic freedom is guaranteed by the Constitution and will not be affected. Concerns have been raised about the Act's provisions potentially infringing on press freedom and the Right to Information Act. The Digital News Publishers Association argues for exemptions for journalism activities within the DPDP Act.
ED moves SC against Delhi HC order quashing PMLA case against news portal NewsClick
The Enforcement Directorate has challenged a Delhi High Court ruling that dismissed a money laundering case against NewsClick. The high court determined that the FIR was an abuse of legal process after evaluating the evidence presented. The court found insufficient grounds for the allegations of violating Foreign Direct Investment guidelines. After extensive investigations, the ED did not find any incriminating evidence against the accused.
Hundreds of thousands of dollars and a Putin ally: Why two Trump operatives' Bosnia work is drawing GOP scrutiny
The involvement of Trump associates James Blair and Chris LaCivita in advising Milorad Dodik has raised ethical concerns. Their work for Dodik took place amid significant political changes in Bosnia and Herzegovina. While Dodik previously faced U.S. sanctions, the Trump administration lifted them, creating a complex political scenario. This relationship has allowed Dodik to demonstrate connections with influential figures in U.S. politics.
ET Alpha Wealth Summit 2.0: Date, venue, speakers, agenda and registration
The ET Alpha Wealth Summit 2.0 set to be held on October 8 at ITC Maratha in Mumbai. Leading investment experts will convene to discuss trends affecting capital flows and investment strategies. Keynote speeches and panel discussions will cover topics such as alternative assets, structured debt, and family office investment frameworks. The summit aims to provide insights into evolving wealth creation methodologies and the role of technology in investing.
Rasayan Labs launches AI-native drug discovery platform at ICT Mumbai
In an exciting development, Rasayan Labs has unveiled a groundbreaking AI-based platform to enhance computational chemistry and drug discovery initiatives. This innovative platform merges critical functions, including retrosynthesis and ADMET prediction, to optimize research efficiency. Free access will be granted to researchers at the Institute of Chemical Technology, marking a pivotal collaboration that seeks to dramatically reduce drug development timelines.
ISL appoints Karan Yadav as CEO under new club-led model
Karan Yadav has been appointed as the new chief executive officer of the Indian Super League. He brings nearly two decades of experience in sports and media to the role. Yadav will lead the league office and oversee its strategic and commercial direction. His responsibilities include strengthening stakeholder relationships and ensuring long-term league growth. This appointment marks a new chapter for the ISL under its club-led model.

GSMA Intelligence launches new report with Huawei on bridging the AI usage gap
As artificial intelligence becomes increasingly embedded in daily life, the report warns that the AI usage gap is growing, leaving people without the necessary skills and confidence behind.

Brazil, India have potential to build deeper strategic, economic ties: FM Mauro Vieira
Brazil and India's bilateral trade is rapidly growing and nearing twenty billion dollars. This partnership holds significant potential for deeper strategic and economic collaboration. Brazilian companies are expanding their presence and activities across various Indian sectors. BRICS serves as a vital platform for dialogue and consensus-building among nations. Brazil also seeks to strengthen its engagement with Asian markets and foster cooperation.

Who is Aman Sanger? How the 25-year-old Indian-origin entrepreneur became one of the youngest billionaires after Elon Musk’s SpaceX acquired his AI startup Cursor for $60 billion
Aman Sanger, an entrepreneur is pivotal in SpaceX's transformative $60 billion deal to acquire Anysphere, the innovator of the AI coding platform known as Cursor. This acquisition has rapidly elevated Sanger and his co-founders to billionaires within the tech landscape. Founded in 2022, Cursor enhances coding by enabling natural language interactions, perfectly aligning with Elon Musk's expansive vision for AI integration across his enterprises.

Not just Nvidia: These power and cooling firms are riding the trillion-dollar data centre boom
Global data centre construction is accelerating to meet AI demand, and power and cooling equipment suppliers are seeing significant order increases. Companies like HD Hyundai Electric and Jinpan have reported substantial backlogs for transformers. Advanced cooling systems and solid-state transformers are gaining traction.

Quote of the day by Robert Frost: 'A liberal is a man too broadminded to take his own side in a...' - Pulitzer-winning poet’s witty, thought-provoking lesson on political beliefs, open-mindedness and standing by your convictions
Quote of the day by Robert Frost: Renowned American poet Robert Frost expertly crafted poetry that blends profound concepts with everyday familiarity. His rural New England background and personal experiences shaped his acclaimed works. Known for his sharp wit, Frost offered insights on open-mindedness amid disagreements through a popular quote. He garnered four Pulitzer Prizes, affirming his poetic legacy while encouraging readers to discover deeper meanings in ordinary life.

Tariff wars far from over, Trump likely to reuse trade lever, warns Swaminathan Aiyar
Amidst US-China trade tensions and an approaching 90-day deadline, economist Swaminathan Aiyar suggests countries should stand firm, as Trump might be backing down. He highlights India's vulnerability in rare earth supplies and the potential for supply chain shifts.

I would worry if manufacturing based inflation came down: Mythili Bhusnurmath
If the decline is mainly driven by manufactured products, which have a much higher weightage of 75 per cent in WPI, then it would be worrisome.

April 2017 is a more realistic deadline for GST: Mythili Bhusnurmath, Consulting Editor, ET Now
"There is a central GST Act, there is a state GST Act, there is an integrated GST Act; all these bills have to be passed."

Banks need to take courage and go out to raise funds: Mythili Bhusnurmath, Consulting Editor, ET Now
"Roughly rupees 2.40 lakh crores till 2018, is what has been estimated if they have to comply with Basel norms and have capital adequacy etc. "

Jaitley hard-selling India may be a disservice to economy; don't want strong rupee: Mythili Bhusnurmath
"Both the government and the RBI should wake up and realise what the dangers of a strengthening rupee are," Mythili told ET Now.

Difficult for RBI to cut rates if inflation inch up more than anticipated: Mythili Bhusnurmath
IIP did very-very badly, particularly capital goods. So certainly the IIP does suggest that there is going to be some kind of recovery.

Need RBI intervention to check overvaluation of rupee: Mythili Bhusnurmath
The rupee does need to depreciate a little bit and the RBI does need to intervene perhaps more actively and add to its reserves. So let us see what it does so far.

Expect rupee to depreciate over a longer term: Mythili Bhusnurmath
The rupee is bound to depreciate over a longer term, but I guess RBI will periodically intervene to prevent any undue volatility.
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