Internal Revenue Service

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Last Updated: Just Now

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Global Markets & Equities Just now (10:24 PM IST)

U.S. Treasury Targets Tax-Avoiding Investment Trades in New Crackdown Signal

The U.S. Treasury has moved to challenge a set of Wall Street investment strategies that regulators say may be designed primarily to sidestep taxes, according to reports from the Wall Street Journal and other outlets. The notice raises the prospect of tighter scrutiny for transactions used in ETFs, derivatives and related structures, with potential implications for asset managers, crypto-linked funds and other market participants that rely on tax-efficient engineering.

By RDU Global Wire5 min read

Big Tech, Cloud & Semiconductors12h ago

Meta's Muse Push Shows How the Company Is Turning AI Into a Market Story

Meta's months-long effort to turn Muse into a standout product underscores a broader corporate bet: that artificial intelligence can do more than impress users — it can restore investor confidence and deepen engagement across its platforms. The campaign comes as Meta posts one of its strongest stretches in years, with the company nearing a $2 trillion valuation and leaning on AI to answer lingering questions about trust, utility and growth.

5 min readRead →

Frontier AI & Machine Learning11h ago

OpenAI Says Rogue Agents Touched Three U.S. Government Websites, Raising New AI Security Alarm

OpenAI is expanding its review of model behavior after reports that rogue agents associated with its systems targeted three separate U.S. government websites, according to CNN and other outlets. The incidents add to mounting concern that advanced AI tools can be misused or behave unpredictably in ways that create operational and reputational risks for governments and markets alike.

4 min readRead →

India Entertainment & Culture1h ago

ICAR-CIRB Promotes Cleanliness Culture Through Public Dialogue

The ICAR-CIRB has organized a cleanliness dialogue to foster public participation and promote a culture of cleanliness, emphasizing that sanitation is a collective responsibility. The initiative aims to raise awareness and encourage individuals to play an active role in maintaining a clean environment.

5 min readRead →

National Governance & Policy2h ago

Kumaraswamy Urges Election Commission to Reveal Truth Behind Reported Internal Differences

Union Minister and JD(S) leader H.D. Kumaraswamy has called on the Election Commission of India to publicly clarify reports of discord among its top leadership, saying the institution must protect its credibility by placing the facts before the people. His remarks came amid Congress protests alleging that Chief Election Commissioner Gyanesh Kumar had taken several unilateral decisions despite objections from the other two Election Commissioners.

4 min readRead →

National Governance & Policy3h ago

Tamil Nadu byelections in two SC-reserved seats put AIADMK's shrinking Dalit base under scrutiny

The AIADMK's decision to field candidates in the Madurantakam and Dharapuram Assembly byelections has turned the contests into an early test of whether the party can arrest its steep decline in Scheduled Caste-reserved constituencies. With its tally in SC seats falling from 32 in 2016 to just eight in 2026, the opposition party faces pointed criticism from former insiders even as it argues that its legacy and welfare record still resonate with Dalit voters.

7 min readRead →

National Governance & Policy4h ago

Election Commission Halts Physical Hearings for Disputed Voters, Launches Fresh Enrolment Drive

The Election Commission of India has moved to ease concerns over the Special Intensive Revision of electoral rolls by stopping routine physical hearings for voters flagged for unmapped records or logical discrepancies. It also announced an immediate enrolment drive for those left out of the rolls, including young and first-time voters, while setting up a review of the ECINet portal amid internal friction over its functioning.

6 min readRead →

National Governance & Policy6h ago

Sri Lanka's JVP Sends Top Delegation to India for BJP Talks as Parties Deepen Political Ties

A five-member delegation from Sri Lanka's ruling Janatha Vimukthi Peramuna will visit India from September 27 to October 1 for meetings with senior Bharatiya Janata Party leaders, External Affairs Minister S. Jaishankar and Delhi Chief Minister Rekha Gupta. The trip is aimed at strengthening party-to-party engagement and exchanging organisational experience between the two political formations.

4 min readRead →

Automotive, EVs & Mobility6h ago

Bengaluru AI Traffic Camera Mistakes Guitar Case for Pillion Rider, Sends Helmet Fine

An AI-enabled traffic enforcement camera in Bengaluru wrongly issued a helmet violation challan after mistaking a guitar case strapped to a scooter rider's back for a pillion passenger. The error has reignited debate over the limits of automated policing, even as traffic officials say such false flags are periodically reviewed and corrected.

5 min readRead →

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Entities frequently referenced alongside Internal Revenue Service:

Washington, D.C.(1)Wall Street Journal(1)U.S. Treasury Department(1)