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IMPACT OF AI ON ECONOMY
Elon Musk says saving for retirement may become pointless. How AI and robots could change the future of moneyElon Musk envisions a future where breakthroughs in artificial intelligence lead to a surplus of goods and services. He suggests that, as a...- UP looks beyond Lucknow to boost startups, MSMEs as Aavishkaar, Intellecap partner with Invest UPWith more than 11.5 million MSMEs across the state, Uttar Pradesh is looking beyond its established startup centres to build a wider enterp...
- Wall Street Week Ahead: Midterm US elections, earnings, jobs data loom for AI-wary stock marketAs we approach the US midterm elections next week, stock investors are bracing for the impact of significant corporate earnings reports. Th...
- The next AI advantage for India's developers: Turning code into companiesIn India's rapidly growing builder economy, AI is revolutionising software creation, allowing developers to generate code and build prototy...
- Global Market: ECB may pause rate hikes after December amid growth risksEuropean Central Bank policymakers expect to raise interest rates by 25 basis points in December to counter energy-led inflation, before pa...
- Jio & let Jio, India’s crackling telco spaceIndia's Reliance Jio and Bharti Airtel are now among the world's top telecom companies due to significant evolution. The integration of AI ...
- US economy grows faster than expected at 3.4% in Q3 on consumer spending, AI boomThe US economy grew at a faster-than-expected 3.4% annualised rate in the third quarter, driven by resilient consumer spending and AI-relat...
- ‘The risk is getting ever more real’: Zoho’s Sridhar Vembu issues a chilling warning about AI and jobsZoho founder Sridhar Vembu has warned that AI could allow one skilled person to do the work of 10, triggering a painful economic shift. Whi...
- US Market: Treasury yields face pressure despite expected Fed rate pauseUS Treasury yields face continued pressure from persistent inflation, rising government borrowing and uncertainty over AI investments, desp...
- India's growth momentum stays resilient despite global headwinds: RBI Deputy Governor Poonam GuptaReserve Bank Deputy Governor Poonam Gupta indicated that India's real GDP growth fell short due to external shocks. She highlighted that In...
- Anthropic files for US IPO amid AI boom, rising costs and safety concernsAnthropic has filed for a US IPO to support its ambitious AI development plans and secure funding. The company's recent financial details s...
- US growth boosted by AI, but no sign of a turning point higherEconomists estimate the growth potential of the US economy to be around 2%, whereas President Donald Trump aspires to double it. Business i...
- The war bump is a false victory for S&P 500 profitsThe commentary argues that strong S&P 500 earnings growth is narrowly concentrated in AI-linked companies and sectors benefiting from the I...
- Talent, compute and R&D key to India's AI ambitions: ReportIndia will need to strengthen its talent pool, research and development (R&D) capabilities, computing infrastructure and data systems to tr...
- Goa Chamber of Commerce and Industry hails state's AI Policy 2026In a statement, GCCI president Pratima Dhond said the Goa AI Mission 2026 represented an important step towards building a technology-led e...
- AI could unlock $2.52 trillion in annual global economic value: ReportArtificial intelligence is projected to generate $2.52 trillion in annual economic value globally through automation. However, increased de...
- UK government sets out $800 million for AI security fundingThe biggest chunk of funding will go to a new biosecurity initiative, including £100 million for a laboratory using AI to detect biological...
- What kind of AI economy does India want to build?India's debate on regulating artificial intelligence is evolving and mostly focuses on copyright and economic incentives. Recent legal ruli...
- Major new US regulation on AI unlikely despite rising political focus: UBS ReportIn the United States, significant regulations on Artificial Intelligence appear improbable, as economic optimism prevails. This technology ...
- ECB says AI, greener economy help euro zone weather energy shockDespite facing substantial energy challenges from escalating oil and gas prices, the euro zone economy has shown resilience in growth. Econ...
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