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IMPACT OF AI ON ECONOMY
Stable institutions, steady pursuit of reforms will steer India to 2047 goal: Jean-Claude TrichetIndia's journey to becoming a developed nation by 2047 hinges on institutional stability and sustained economic reforms. Former European Ce...- World Bank flags oil, El Niño and global market risks to growthThe World Bank has revised its growth forecast for South Asia, projecting a robust 6.9% by 2026, driven by a surge in consumer demand. Indi...
- World Bank raises India FY27 growth forecast to 7.1%, flags oil, El Niño risksThe World Bank has upgraded India's economic growth forecast to 7.1% for fiscal 2026-27. This change reflects strong domestic consumption, ...
- India's growth outlook remains robust, but risks rising: Erik BerglofIndia's growth prospects remain strong despite external shocks affecting the economy. Erik Berglof highlights the need for resilience again...
- US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
- Global Market: OPEC+ keeps November oil output steady as Brent tops $100Seven major OPEC+ producers agreed to keep November crude output unchanged as the Iran conflict disrupted supplies and pushed Brent above $...
- Global Market: BOJ's Uchida warns AI boom could trigger market correctionShinichi Uchida, the Deputy Governor of the Bank of Japan, underscored the significant influence of artificial intelligence on the financia...
- BOJ says AI boom may have eased financial conditions, warns of market risksBank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting as...
- 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...
- 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 remains cautious on crypto, backs underlying technology: Governor Sanjay MalhotraIndia's cautious approach towards cryptocurrencies emphasises the importance of underlying technologies like distributed ledger and tokenis...
- 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...
- Wall Street Week Ahead: Spiking bond yields, midterms, earnings to test US stocks' typical fourth-quarter strengthAs the fourth quarter commences, US stocks traditionally experience a positive trajectory. Nonetheless, investors face hurdles such as clim...
- FPIs turn net sellers, pull out Rs 35,860 cr in SepIn September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising...
- Amazon to invest $1 billion over five years in US data center communitiesIn a bold move, Amazon has pledged to pour more than $1 billion into the communities hosting its data centers, aiming to alleviate worries ...
- Anthropic's Dario Amodei: AI's most visible CEO and enigmaThe surge in artificial intelligence and the heated debate around its risks have made Anthropic CEO Dario Amodei the most visible tech lead...
- Sashakt: Expanding Opportunities Charting the Course for Digital Inclusion at India Mobile Congress 2026The India Mobile Congress 2026 revolves around the innovative theme 'Scale Without Boundaries,' aiming to address the necessity for equitab...
- The curious case of hiring a Chief AI OfficerFOMO, board pressure or an actual need to hire a CAIO? The jury is still out on one of the most sought-after roles since the emergence of A...
- Anthropic’s Road to IPO: Funding, valuation, Claude growth and legal battlesAnthropic is preparing for a closely watched U.S. IPO after rapid growth in funding, valuation and revenue. The Claude maker faces legal an...
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