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IMF AI IMPACT ON ECONOMY
IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economyThe IMF projects India's FY27 growth at 6.4 percent, remaining a leading global economy. Strong private consumption and services activity s...- IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service ...
- 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...
- IMF appoints ex-Fed economist Silvana Tenreyro as chief economist, head of researchThe International Monetary Fund appointed Silvana Tenreyro as its next chief economist. She will assume the role of economic counselor and ...
- Silvana Tenreyro appointed as IMF’s new Economic Counsellor, head of researchSilvana Tenreyro will join the International Monetary Fund as its new chief economist. She brings extensive policy experience and academic ...
- In Pakistan, not just living but dying too is getting more expensiveFuneral expenses in Rawalpindi are becoming unaffordable for many families. Low-income households now borrow money for burial rites and ser...
- Bank of England sees growing risks to financial stability from AIThe Bank of England identifies artificial intelligence as a growing threat to financial stability. Investors are heavily betting on AI's su...
- If your AI product is creating business value, why doesn't the market know about it?Many enterprise AI products create measurable business value but remain under-recognised. Discover why industry recognition matters and how...
- UN chief warns AI is developing faster than rules can keep upUnited Nations chief Antonio Guterres has issued a stark warning: artificial Intelligence is advancing at an unprecedented pace, outpacing ...
- How India and Japan are preparing for the AI economyIndia and Japan are forging a deep economic security partnership, moving beyond traditional aid and investment. The recent summit highlight...
- For one small business, AI was key to a quick start and expansionThe rapid emergence and spread of AI has become a defining feature of the U.S. economy, of prime interest to Federal Reserve officials tr...
- 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...
- In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
- US Stock market: Fed's Daly says AI, inflation uncertainty clouds interest rate outlookSan Francisco Fed President Mary Daly highlighted that US monetary policy remains slightly restrictive, but the economic outlook is increas...
- AI sovereignty hinges on domestic compute, governance capacity: UN AI panelThe report, published by the Independent International Scientific Panel on AI, which was established by the UN General Assembly last year a...
- Every enterprise is competing to define the future of AI. Is yours ready to be recognised?As enterprise AI shifts from proof of concept to proven impact, recognition is becoming a mark of credibility, not just achievement. The ET...
- 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...
- India eyes open source, homegrown AI amid access curbs on frontier modelsIndia is championing open-source and homegrown AI models to counter potential access restrictions on advanced frontier technologies. The IT...
- Digital India to power India's growth story with AI, chips and DPI: MeitYIndia is poised for a digital leap, with AI, semiconductors, and indigenous manufacturing set to drive economic growth. Building on a decad...
- AI investment boom may fuel financial risks: BISThe Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues...
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