Accounting - AI

IT Sector Done, Is Commerce Next? Will the Future of Accounting Wither Under the Onslaught of AI?

The era of secure, routine, desk-bound clerical jobs is drawing to a close. It is urgent for the younger generation to break free from the illusion of traditional white-collar stability and pivot toward high-value skills, tech-driven entrepreneurship, modern agriculture, or practical, specialized trades. Failing to adapt to this cognitive shift means risking economic obsolescence under the relentless advance of technology

The Militarization of the Digital Commons: Need for New Regulatory Solutions

In the effort to combat this multi-dimensional challenge, democratic states are faced with deep policy constraints, many of which can be paralyzing. The fundamental paradox is how to maintain the open, democratic character of the digital commons while at the same time countering more advanced opponents who are not held back by democratic principles. Disseminating disinformation is a tactic governments use to influence public opinion that has the potential to conflict with the strong constitutional freedoms of expression that exist in liberal democracies.

Navigating the Intelligent Tide: How AI and Generative AI are Reshaping Maritime Mobility in South Asia

The integration of AI and Generative AI is not a distant aspiration — it is an active investment already reshaping how ports operate, how cargo moves, and how supply chains absorb shocks. For India and its neighbours, the imperative is clear: build the data foundations, governance frameworks, and human capabilities that allow intelligent mobility to reach not just the terminal gate, but every link in the maritime supply chain.

The Splinternet and Fractured Digital World: Will Sovereignty Serve People, or the State, or Whoever Owns the Server?

Companies like Google, Meta, and X constantly shape public opinion and thoughts, and store public data for commercial usage. Amazon, Microsoft, and Google host the cloud infrastructure on which states and businesses depend. These are not ordinary companies anymore; they have access to critical intelligence and data. And now AI companies like Palantir use this data for surveillance, intelligence, monitoring, and on battlefields.

More on AI and Innovation

Sri Lanka finalizes Trincomalee oil farm deal with India, agrees to extend lease of 14 oil tanks for 50 years

In a deal with considerable strategic significance for South Asian geopolitics, Sri Lanka will extend the lease of 14 oil tanks in Trincomalee oil farms to India for 50 years, Lankan Energy Minister Udaya Gammanpila said on Friday, adding the deal, which will also include the joint development of 61 other unused tanks, will be signed next week

India needs a precise startup policy for defence manufacturing

Prime Minister Narendra Modi has highlighted India's growing involvement of youth in defence-related startups

Sri Lanka’s forex increases to $3 billion; former PM urges government to approach IMF

Sri Lanka’s foreign reserve exchange reached $3.1 billion dollars in December, up from $1.5 billion recorded last month, the Central Bank of Sri Lanka informed on Wednesday

Pakistan Railways minister pushes for commercialization, blames ‘state enterprise mafia’ behind railways' destruction

State enterprise mafia has destroyed Pakistan Railways, Minister for Railways Azam Khan Swati said, as he pushes for the commercialization of stations as part of his bigger reforms to overhaul the sector

Bangladesh to Sri Lanka’s rescue; gives three months extensions on $200 million currency swap deal

In what comes as a significant relief to the embattled Sri Lankan economy, Bangladesh Bank (BB) has extended the validity of the $200 million credit facility it had extended to Sri Lanka by three months

Amid severe forex crisis, Sri Lanka shuts down three missions abroad; shortages of essentials feared

Sri Lanka will temporarily close down three of its missions in Nigeria, Germany and Cyprus in what seems a desperate bid by the government to save its fast-declining foreign currency reserves amid a severe economic crisis

Amid declining forex, Nepal introduces measures to cut imports

Weeks after Nepal’s central bank introduced measures to cut imports, traders and importers have hiked the prices of goods, fueling an artificial shortage in the coming days

Food insecurity up by 22 percent in rural Bangladesh; poverty still an issue despite growing economy

Food insecurity has risen by around 22 percent in rural Bangladesh in comparison to the pre-pandemic period, finds a survey, indicating people are unable to eat enough and healthy nutritious food

Turkish-Qatari delegation in Kabul to discuss deal to run Afghanistan's airports

A joint delegation of Turkish and Qatari officials is in Kabul as both countries try to explore the possibility of jointly running five airports in Afghanistan with the ruling Taliban

Pakistan railways’ total losses touch $6 billion; political neglect, unprofessional heads, mismanagement behind slide

Once a lifeline for the people of the subcontinent, the part of railways that went to Pakistan now stares at a bleak future

World Bank approves $500 million loans to Bangladesh for modernising power distribution

The World Bank on Wednesday approved $500 million in loans to Bangladesh for expanding, modernizing, and sustainably transforming the country's electricity distribution system

Tea for oil: Sri Lanka signs deal with Iran to clear over $250 million oil dues

Sri Lanka has signed a tea for oil deal with Iran, allowing the former to settle its huge pending oil imports dues worth over $250 million, by exporting tea to Tehran over the next several months

Maldives inches closer to its 2021 target of 1.3 million tourists

The Maldives is all set to achieve its tourist footfall target of 1.3 million in the year 2021 as it witnessed remarkable growth in recent months

Pakistan to get $252 million in loan from Islamic Development Bank

Cash-strapped Pakistan, staring at a major economic crisis with mounting inflation and yawning fiscal deficit, will soon receive $250 million in loans from the Islamic Development Bank (IDB) which has cleared two proposals for loans to be used for dam construction in Pakistan and vaccine procurements

Pakistan's current account deficit at a three-year high, records $1.9 billion in November

In what seems a troubling sign for the already struggling economy, Pakistan in November recorded a whopping $1.9 billion deficit in its current account—the highest in the last 40 months—as the authority struggled to contain ballooning import bills, which outpaced growth in exports and inward remittance flow