Tech news: Bloomberg Tax adds multijurisdictional rule tracking

Residential properties across India’s biggest cities have delivered a rare double win since 2019—prices have surged by as much as 125% while rental yields have simultaneously improved by up to 100 basis points, signalling that homes are increasingly generating stronger cash flows even as they become more valuable.   An analysis by ANAROCK…

Oil prices rose on Thursday after the U.S. launched fresh strikes against Iran, denting hopes for an end to the Iran war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies. Brent crude futures rose ‌78 cents, ⁠or 1% ⁠to $78.8 a barrel by 0054…

Digitize itIn the summer of 2015 I went to a small event hosted by a firm I wasn’t familiar with, in the One Liberty Plaza skyscraper in downtown Manhattan, next to Zuccotti Park where the Occupy Wall Street movement had erupted a few years earlier. The firm had been gifted the conference room for the…

The Reserve Bank of India on Tuesday proposed allowing mutual funds, insurance companies and pension funds to retain a standing approval to acquire higher stakes in the same bank without seeking fresh regulatory clearance each time their holdings fall below the 5% threshold. The move is aimed at easing the regulatory compliance for large institutional…

While almost everyone is talking the talk on AI governance and control, recent data suggests far fewer are walking the walk, much to the detriment of their organizations.  Processing Content Top 50 firm Schellman, in a report released today, found that 90% of AI governance professionals say their organizations have already allocated funding specifically for…

The AI Capex Bill Comes Due