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India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...- Statistical system may get AI overhaul, data to be treated as asset: MoSPI SecyIndia is set to modernize its statistical system. Artificial intelligence will be integrated into official data. A national business regist...
- CEA defends India's GDP data, says country does not use methodology changes to inflate growth numbersNageswaran responded to concerns raised by some economists over India's GDP estimates, stressing that GDP measurement is an estimate in eve...
- AI workloads push data centres to upgrade fire and cooling systemsData centres are significantly upgrading fire safety, cooling, and electrical systems following a recent Google Cloud incident. The surge i...
- UK economy shrinks in April as Middle East war hitsBritain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister K...
- OpenAI to acquire Ona to strengthen Codex cloud capabilitiesOpenAI is set to acquire Ona, a cloud execution firm. This move will boost OpenAI's Codex platform, enabling AI agents to run complex, long...
- About 19 million from India and several other countries migrated to Gulf countries since 2010: StudyA new study reveals that approximately 19 million people have migrated from India, Pakistan, and Bangladesh to the Middle East since 2010, ...
- Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
- Mobile data cost dips 97% to Rs 8 per GB, broadband users up 17x in 12 years of Modi govtInternet data costs have fallen dramatically by 97 percent since 2014, making it more affordable. This has led to a significant increase in...
- CPI Inflation data report today impact on bonds: Check latest 2-year U. S treasury yield, 10-year U. S treasury notesU.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and ot...
- Word of the Day: CathexisWord of the Day: Some words stand the test of time because they capture something deeply human. Cathexis is one of those words. Although it...
- MIT researchers channel AI to turn hand gestures into robot training dataRobots are learning to grasp objects with help from a new ultrasound wristband. Developed at MIT, this device captures human muscle and ten...
- India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
- Short staff, ancient equipment challenges before Delhi Fire Service as scrutiny mountsDelhi Fire Service grapples with significant staff shortages and outdated communication systems. Over a quarter of firefighter posts are va...
- Telecom revenue growth may slip to single digits without tariff hikeTelecom revenue growth may slow to single digits this year without tariff increases. Operators are delaying hikes due to inflation. A poten...
- SpaceX IPO: Elon Musk's AI ambitions fueling space data centers & trillionaire dreamsSpaceX's upcoming IPO, fueled by immense investor demand, could propel Elon Musk to trillionaire status. Beyond its space ambitions, the co...
- India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
- Govt to tap AI for mapping supply chains and investment clustersIndia's upcoming Statistical Business Register (SBR) will leverage AI and analytics to map supply chains, identify investment clusters, and...
- Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
- MoSPI releases uniform norms for DDP estimates with 2022-23 base yearThe Statistics Ministry has released uniform guidelines for compiling District Domestic Product (DDP) estimates with a 2022-23 base year. T...
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