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SLOWDOWN IN THE ECONOMY
Global Market: Eurozone business activity hits 29-month high as price pressure intensifiesEurozone business activity expanded at its fastest pace since April 2023 in September, driven by strong service demand and AI investments. ...- AI's race to transform the world before the money runs outCumulative spending globally on data centers alone could top $30 trillion by 2050, according to a projection by PwC, almost matching the va...
- Auto sales surge in September, but GST base clouds the picture. Can stocks rebound ahead of Q2 results?India’s auto sector delivered a mixed September, with strong passenger- and commercial-vehicle sales offset by weak tractor and domestic tw...
- Artificial Intelligence: Which jobs are going to be replaced by AI? Which age group will be exposed the most? Here's what experts sayWhich jobs are not safe from AI? Questions are being raised over the nature and magnitude of impact of Artificial Intelligence in coming ti...
- RBI Governor Sanjay Malhotra flags rising financial risks, warns against complacency as West Asia conflict adds to inflation pressureSanjay Malhotra highlighted the need for vigilance regarding financial vulnerabilities at the Kautilya Economic Conclave. He emphasized tha...
- AI's race to transform the world before the money runs outInvestment in AI technology continues to rise, surpassing historical investments seen in railways and the internet. Major AI firms are expe...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- Anthropic's IPO pitch embraces AI's promise and perilTo pull off a successful offering that values it at $2 trillion, Anthropic, whose name means "human-centered," will need plenty of mortal i...
- Trump says top tech firms have signed accord to 'self-police' AI developmentPresident Donald Trump and executives from top tech companies met to discuss the development of artificial intelligence. They signed a volu...
- Global Market Today: Asian shares rise as tech stocks lead, bonds in focusThe MSCI Asia Pacific Index climbed 0.6% with stocks in Japan and South Korea gaining. The moves came after gains for a key gauge of US sem...
- RBI may face two hikes, one dilemma as repo rate is seen hitting 5.75% soon: ReportThe Reserve Bank of India is projected to increase its repo rate by 25 basis points in October and December. Inflationary pressures, primar...
- China's AI agents can lie and scheme - just like their US rivalsReuters examined more than 200 documents, ranging from university research papers to technical reports, and identified at least 20 studies ...
- AI bubble to burst sooner than expected? Michael Burry believes it would take only one season of revenue disappointmentMichael Burry has accelerated his bearish outlook on AI stocks, shifting toward leveraged put options and expecting an earlier bubble burst...
- US Market: Fed's Hammack warns against inflation becoming entrenched in economyFederal Reserve Bank of Cleveland President Beth Hammack warned that persistently high inflation could entrench elevated price expectations...
- Trump cannot afford to let AI boom fail: 'Big Short' investor Michael Burry explains whyMichael Burry, the investor known as the “Big Short” investor, said the Trump administration cannot afford to let the AI boom falter as AI ...
- Anthropic, OpenAI sound alarm on AI safety — and seek to shape how it's controlledThe CEOs of Anthropic and OpenAI recently declared America's cutting-edge models are so powerful, they're dangerous, and need to be regulat...
- India must boost manufacturing, FDI and AI-ready jobs to become developed nation: CEA NageswaranIndia needs to strengthen its manufacturing sector while attracting foreign investment to support economic growth. Chief Economic Adviser V...
- AI may transform economies, but US-China rivalry makes slowing it down unlikelyAI's rapid advancement poses challenges, as concerns from key stakeholders highlight potential risks to humanity. Political leaders in the ...
- OECD raises India's FY27 GDP growth forecast by 80 bps to 7.1%The OECD has raised its FY27 India growth forecast by 80 basis points to 7.1%, from 6.3% earlier, joining Fitch, S&P Global Ratings and Moo...
- India business activity rebounds in September to 3-month high, PMI showsIndia experienced accelerated business growth in September due to increased demand in manufacturing and services sectors. The HSBC flash In...
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