China's tax move on offshore trusts spurs asset-selling spree: Report

IANS | August 6, 2026 6:05 PM

New Delhi, Aug 6 (IANS) China’s decision to impose a 20 per cent tax on offshore trusts has set off a scramble among the country's ultra-rich families, trustees and advisers in Hong Kong and Singapore to raise cash to pay outstanding amounts, a new report has said.

India's DPI model emerging as key pillar of digital diplomacy amid AI push: Report

IANS | August 6, 2026 4:54 PM

New Delhi, Aug 6 (IANS) India's Digital Public Infrastructure (DPI) framework is increasingly emerging as a tool of international engagement, with the nation using its technology platforms to deepen cooperation with countries across the Global South while positioning itself at the intersection of digital governance and artificial intelligence (AI), according to a report.