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. “We did some research…
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…
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…
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…
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…
Mumbai: Across-the-board selling on Dalal Street pulled the sensex down by 1,236 points (1.5%) to close at 82,498 points after the US Fed minutes showed the next rate cut is not as sure as it was expected to be till now, and the escalating geopolitical tensions. All 30 sensex constituents closed in the red and…
Authum Investment & Infrastructure Mumbai: A consortium of Inox Neo Energies and Authum Investment & Infrastructure is set to buy the assets of bankrupt Wind World for an estimated Rs 1,800-1,900 crore, after the committee of creditors approved its resolution plan . Under the plan, Inox Neo will acquire Wind World’s 600 MW wind power…
Mumbai: ANMI, one of the biggest trade bodies of stock brokers in India, has warned that RBI’s move to put in stricter rules for banks to fund some of the broking activities could lead to lower tax revenues for the govt and dry up liquidity on the bourses.The brokers’ body has written to markets regulator…
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…
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…
