The UAE approved amendments to corporate tax, VAT, and company laws, clarifying tax credits, easing VAT rules, and updating corporate structures/Representative Image The UAE has introduced a set of significant legislative changes covering corporate tax, value added tax (VAT), and the Commercial Companies Law. These amendments aim to make business operations simpler, reduce regulatory ambiguities, […]
Saudi Arabia partners with US Archer to launch futuristic VTOL air taxis, transforming urban city travel/Representative Image Saudi Arabia is taking a major step to transform urban travel by launching air taxi services in its major cities. Partnering with US based Archer Aviation, the Kingdom is establishing the regulatory framework, safety systems, and operational infrastructure […]
US Labor Secretary Lori Chavez-DeRemer doubled down on a major crackdown on H-1B visa abuses, warning that “American jobs must go to Americans first.”In a post and accompanying video on X, Chavez-DeRemer discussed the Project Firewall, a Department of Labor initiative launched in September 2025, aimed at preventing wage suppression and prioritizing domestic workers or […]
Bayraktar Kizilelma UAV during the trails (Courtesy: Sputnik India) Bayraktar Kizilelma, Türkiye’s first uncrewed fighter jet, shot down a jet-powered aircraft with a beyond-visual-range (BVR) air-to-air missile during trials, marking the first time an unmanned aerial vehicle (UAV) has achieved such a feat.In a statement on Sunday, Turkish defence company Baykar, the developer of the […]
TOI correspondent from London: A Canadian company has snapped up some of Britain’s most iconic Indian restaurants, including Michelin-starred Veeraswamy, whose owners are currently in a legal battle to prevent being evicted.Certain affiliates of Fairfax Financial Holdings Limited (Fairfax), a holding company based in Toronto, has acquired MW Eat Ltd, which owns fine dining eatery […]
Polymarket apologised after offensive post targeting Indians sparked backlash/Image: X Polymarket faced backlash this week after an offensive post on its account targeted the Indian community. The company has taken full responsibility, issued a public apology, and pledged to turn the incident into an opportunity for learning, understanding, and promoting respectful engagement. Polymarket’s offensive post […]
An H-1B visa holder from India has sued his US company, led by an Indian-origin CEO, for forced labor. Amrutesh Vallabhaneni, an H-1B visa holder in the US, has brought a lawsuit against his employer, accusing the company of forced labor, labor trafficking and withholding visa documents, Breitbart News reported. Jay Palmer, Vallabhaneni’s consultant who […]
OpenAI may have thought its announcement would invite encouragement and support, but news of a newly recapitalised non-profit foundation has instead sparked a wave of online mockery, with social media users pointing out the irony of a company valued at around $130 billion suddenly talking about giving away “freebies.” The company posted on X that […]
There’s something absurdly European about a crime where the French lose their jewels and the Germans gain a marketing slogan.Last Sunday, thieves carried out a four-minute daylight heist at the Louvre, the kind of operation that would’ve made Danny Ocean blush. They rolled up in a truck, deployed a German-made Böcker Agilo freight lift, scaled […]
Turning crisis into opportunity was never this epic. When a Böcker Agilo forklift, built by the German company Böcker Maschinenwerke GmbH, was used in a daring daylight robbery at the Louvre Museum in Paris, the manufacturer decided not to hide from the spotlight. Instead, it embraced the unexpected publicity with humour. The company shared a […]
