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AI ECONOMIC IMPACT
Global Market: South Korea targets AI-led growth, raises 2026 GDP forecast to five-year high; chip stocks in focusSouth Korea has raised its 2026 GDP growth forecast to 3%, the fastest pace in five years, backed by an AI and semiconductor-led investment...- Nobel laureates among more than 200 experts urging action on AI's economic impactThey issued the jointly signed statement on Monday, warning that AI could drive a larger economic transformation than the Industrial Revo...
- Hundreds of economists say 'we must act now' on AI's economic impact and job displacement risksTop economists and scientists have issued an open letter urging immediate action. They warn artificial intelligence could transform economi...
- Exploring how AI fluency is enabling leaders to fine-tune strategic management and drive business growthArtificial intelligence is reshaping business decision-making and leadership expectations. Leaders must now embrace AI fluency to guide tea...
- AI delivers bigger financial gains only when companies redesign workflows: McKinseyCompanies gain little by adding AI to existing processes. True benefits emerge after redesigning work around AI. Most organisations use AI ...
- Blind Brown University professor Roberto Serrano exposes massive AI cheating scandal after students' scores plunge from 100 to 48, calls AI 'tsunami for all of us'A Brown University professor noted unusual perfect scores on a take-home midterm exam and exposed a massive AI cheating scandal. Many stude...
- IMF lowers 2026 global growth outlook to 3%, projects 3.4% growth in 2027The International Monetary Fund has adjusted its global growth prediction for 2026, reflecting the adverse effects of warfare and rapid tec...
- Why TCS employee addition just hit 4-year high amid AI job loss fearsTCS added 9,279 employees in Q1FY27, marking its strongest quarterly hiring in four years amid growing concerns over AI-led job cuts. The I...
- Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
- Inflation concerns prevailed in Kevin Warsh's first FOMC meeting: Fed minutesDuring its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising in...
- TCS shares dip 2% ahead of Q1 earnings today. What can shareholders expect?Tata Consultancy Services shares declined as the company prepares to announce its first-quarter results. Analysts anticipate modest profit ...
- TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buyingIndia's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience signific...
- TCS Q1 Preview: Can the IT bellwether earnings give hope to investors holding the battered stock?TCS is expected to post modest Q1FY27 profit growth with flat sequential revenue as weak client spending, wage hikes and AI-driven pricing ...
- Let's minimise tokenmaxxing: India's next AI breakthrough will come from efficiency, not bigger modelsIndian organizations must optimize AI token usage for efficient and sustainable deployment. Maximizing token consumption is a flawed proxy ...
- Global Market: UK regulator urged to consider rules for AI chatbots in financial adviceA UK regulatory review has recommended that the Financial Conduct Authority consider bringing AI models such as ChatGPT, Claude and Gemini ...
- Why AI fluency will define the next generation of business leadersAI is reshaping every business function, but most organisations lack the practical knowledge to use it effectively. ET Masterclasses help l...
- AI investment in emerging markets must go beyond models to ecosystems: ReportArtificial intelligence is poised to revolutionize economies, but emerging markets must cultivate local ecosystems to truly benefit, a Worl...
- MoS Kirti Vardhan Singh to lead India delegation at first UN Global Dialogue on AI GovernanceIndia's Minister of State for External Affairs, Kirti Vardhan Singh, is leading a delegation to Geneva for the inaugural UN Global Dialogue...
- OpenAI offers 5% stake to Trump administration: reportThe proposed arrangement would involve other U.S. AI companies handing over a similar stake to the government, The Financial Times reporte...
- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
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