35 result(s) for “Finance”
The Federal Board of Revenue on September 26, 2026 announced a National Faceless Centre to centralize and digitalize tax assessment and dispute resolution. Officials say the move aims to reduce corruption, speed up refunds, and lift revenue collection in line with IMF commitments, but experts warn successful rollout will hinge on enforcement, connectivity and taxpayer trust.
During Xi Jinping's state visit to Washington, China and the United States committed to a formal AI dialogue and a notification mechanism for AI incidents. For Beijing the move is both a diplomatic opening and a lever to protect Chinese AI industrial ambitions and regulatory priorities.
The U.S. Treasury said it will buy up to $6 billion of longer dated securities in a buyback operation, a step officials say is aimed at improving market functioning even as investors question how much it will slow the rise in long term yields.
Following a weeklong visit to New Delhi, IMF deputy managing director Nigel Clarke hailed India as a central engine of global expansion but called on New Delhi to strengthen statistical methods and raise productivity to sustain growth for all.
Global markets are confronting a difficult combination of oil above $100 a barrel, rising government bond yields and tighter monetary policy, raising fresh concerns that economies could face persistent inflation alongside weaker growth.