Business

Pension Fund Regulatory and Development Authority (PFRDA) Chairperson Sivasubramanian Ramann has referred ICICI Pension Fund's Swasthya Equity Plus (SEP) as an experiment under the National Pension Scheme's regulatory sandbox. He compared the NPS SEP with Aayushman Bharat and said that they will have to see how people express a need for the scheme.

Faced with US Supreme Court order that tariffs imposed by Trump administration under the IEEPA were illegal, US Trade Representative Jamieson Greer outlined a set of options his government will take to "ensure continuity in reaching these goals and as part of our negotiated agreements with numerous trading partners."

Microsoft has announced the launch of Microsoft Elevate for Educators in India, an initiative designed to skill two million teachers and reach 200,000 schools and educational institutions by 2030, as part of Microsoft's broader commitment to equip 20 million people in India with AI skills.

Soon after the US Supreme Court struck down President Donald Trump's reciprocal tariffs on countries under the IEEPA, Congress veteran P Chidambaram has asked the Indian government to explain what would be the impact of the US judgement on the trade deal framework that was announced earlier this month between the two countries.

The odds of a monetary policy rate hike are quite low given benign core inflation, according to ICICI Bank Global Markets. As a result, it said it expects a prolonged pause going into 2026-27, with focus on injecting durable liquidity regularly to ensure monetary transmission remains in place.

Shares of companies in the cyber security solutions space have nosedived after America-based AI company Anthropic PBC unveiled a tool that is capable of autonomously finding and patching possible software vulnerabilities.