IMF MD Kristalina Georgieva IMF managing director Kristalina Georgieva said that artificial intelligence can fulfil India’s ambition of Viksit Bharat while boosting global growth by 0.8%.Speaking at the AI Impact Summit, Georgieva cited research by the International Monetary Fund and said that AI could accelerate growth significantly across the world. ‘Crucial Role For India In…
Mumbai: ICICI Prudential Pension Funds Management Company has launched the country’s first Swasthya Pension Scheme under the regulatory sandbox of the Pension Fund Regulatory and Development Authority, seeking to help subscribers build a long-term retirement corpus while creating flexibility to meet medical expenses.Speaking at the launch, PFRDA chairman Sivasubramanian Ramann said that the critical feature…
India is set to operationalise its recently signed trade deals with the United States, the United Kingdom, and other countries soon. Earlier this month, India and the US announced that they had reached an interim trade deal, scheduled for formalisation in March. Union commerce and industry minister Piyush Goyal said on Friday that the deal…
Nandan Nilekani stresses AI diffusion, says India can lead on use cases New Delhi: Infosys chairman Nandan Nilekani warned that resentment among white-collar workers could hinder progress in AI unless the transition is managed carefully. He also stressed the need to build use cases that benefit larger sections of the population, while supporting career transitions…
Whatever the verdict, the case is already forcing an on-the-record look at how a top-tier advisory firm defines “essential” in a profession. (AI image) A Manhattan federal jury is about to take up an unusually blunt workplace question: Can an investment bank lawfully fire a junior banker who insists on a protected sleep window as…
Foreign portfolio investors once again turned towards Dalal Street to shop for Indian equities, spending in Rs 33,487 crore across 15 sectors, in the first half of February. The bulk of the inflows went into capital goods, financial services and oil & gas stocks, marking the strongest fortnightly buying seen since the second half of…
New Delhi: India is set to begin domestic production of rare earth permanent magnets by the end of this year, minister of mines G Kishan Reddy said on Thursday, calling it a “very big achievement” for the country’s push towards self-reliance in critical minerals. Speaking at a Ficci event, Reddy said the govt, along with…
Tariff payments by midsize US businesses grew three times over the past year, according to new research released Thursday by JPMorganChase Institute. One of the US’ leading banks, it added that this shows signs of economic strain linked to President Donald Trump’s tariff policies.The JPMorgan study, cited by the Associated Press, indicates that companies employing…
India entered the US-led Pax Silica strategic alliance on Friday, as the two sides signed Pax Silica Declaration in presence of Union minister Ashwini Vaishnaw and US under secretary of state for economic affairs, Jacob Helberg. This comes after US envoy Sergio Gor invited India to enter the bloc last month continuing efforts to finalise…
Gold has moved below the mid-Bollinger band, confirming downside pressure. (AI image) Gold price prediction today: Gold prices are facing resistance at higher levels, and the short-term structure is showing weakness, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near ₹1,54,700 after failing to sustain the…