Robots are scaring Chinese government, and the 'reason' is these 150-plus companies

Robots are scaring Chinese government, and the ‘reason’ is these 150-plus companies

Chinese government has a new ‘scare’ and it is the country’s humanoid robotics industry. China’s burgeoning humanoid robotics sector, recently anointed a key economic catalyst by the Communist Party, is said to be attracting such an intense wave of investment that it is beginning to make Beijing uneasy. According to a report in Bloomberg, China’s…

Read More
'Short-term disaster': Trump signs bill to end historic US government shutdown — what happens next

‘Short-term disaster’: Trump signs bill to end historic US government shutdown — what happens next

US President Donald Trump on Wednesday (local time) signed a government funding bill to end a record 43-day shutdown that triggered financial stress to federal workers. The shutdown highly impacted travellers at several airports in US and led to long queues at food banks.He said, “I just want to tell you the country has never…

Read More
Bill Gates on Gates Foundation: We make it clear that it is not our role to say, OK, the US government wants to save money, so we will ...

Bill Gates on Gates Foundation: We make it clear that it is not our role to say, OK, the US government wants to save money, so we will …

Gates Foundation recently announced $2.5 billion commitment over the next five years to advance women’s health initiatives worldwide. The funding aims to fuel dozens of projects, from life-saving maternal medicines to vaccines targeting infections that hit women hardest. The pledge marks a roughly 33% jump in the foundation’s investments in women’s and maternal health compared…

Read More
'Aero models, drones not same'; government urged to review draft bill | India News

‘Aero models, drones not same’; government urged to review draft bill | India News

MUMBAI: The Indian Aeromodellers Association (IAMA) has urged the ministry of civil aviation to reconsider certain provisions of the draft civil drone (promotion and regulation) bill, 2025, stating that the legislation, in its current form, could make it nearly impossible for enthusiasts, schools, and clubs to continue the century-old tradition of aeromodelling in India.In a…

Read More
Income Tax department imposes Rs 2.2 lakh penalty on retired government employee for gratuity tax exemption claim - how she won case in ITAT

Income Tax department imposes Rs 2.2 lakh penalty on retired government employee for gratuity tax exemption claim – how she won case in ITAT

The Cochin Income Tax Appellate Tribunal’s analysis centres on the taxpayer’s disclosure compliance. (AI image) While filing your income tax return and claiming tax exemptions, it is important to be aware of the limits and applicability. In one such case where the taxpayer was mistaken about the amount of tax exemption available to her for…

Read More