Tag: bilateral trade
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
Exporters Urged Not to Panic Over US Levies
Commerce and Industry Minister Piyush Goyal has assured exporters and Indian businesses that the government is actively engaging with the United States to remove...
RBI Facilitates Cross-Border Trade in Rupees
Following the Reserve Bank of India's (RBI) initiative to enable invoicing and payments for international trade in rupees and other local currencies, 123 correspondent...
