AI boom may drain resources: Data centres’ water use could hit 1,068 billion litres by 2028; Morgan Stanley report flags 11x rise

Artificial Intelligence (AI) data centres could emerge as major consumers of global water resources in the next few years, according to a report by Morgan Stanley. The report, as cited by news agency ANI, projected that annual water use for cooling and electricity generation may rise to around 1,068 billion litres by 2028, an 11-fold…

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Trump tariff impact: India’s GDP growth could take a 0.5% hit this year, says Chief Economic Adviser Nageswaran

V. Anantha Nageswaran discussed the potential economic impact of the United States’ trade measures. (AI image) US President Donald Trump’s 50% tariffs on India could shave off around 0.5% to 0.6% from India’s GDP growth, believes Chief Economic Adviser V. Anantha Nageswaran. The Donald Trump administration had imposed 25% tariffs on India effective August 7,…

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‘Losses must be felt’: Zelenskyy backs Trump tariffs on nations supporting Russia; message for India?

Ukraine President Volodymyr Zelenskyy on Sunday justified tariffs imposed by US on countries who support Russia through trade amid the ongoing war.Without taking name of any country, Zelenskyy said that statement by state leaders and institutions must be backed by strong actions. Shashi Tharoor Warns India Not To Forget Trump’s Tariff Pressure Amid Modi-US ‘New…

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Gold price prediction: What’s the gold rate outlook for September 8, 2025 week – should you buy or sell?

Gold is likely to remain well-supported unless inflation data drastically changes the outlook. (AI image) Gold price prediction today: Gold prices are likely to remain well supported in the near-term, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd. He shares the outlook on gold prices and strategy for gold investors:Gold…

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India cautions against misuse of export measures

NEW DELHI: India has cautioned against weaponising export-related measures or misusing them to create artificial scarcity, distort markets, or disrupt supply chains at an SCO meeting, an official statement said on Sunday. At the Shanghai Cooperation Organisation trade ministers’ meeting in Vladivostok on Sept 6, India said that calibrated and transparent use of these steps…

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Britannia eyes 50% share in rural markets

BENGALURU: Britannia expects half of its domestic sales to come from rural markets in the next 3 to 4 years, as it is expanding its distribution network to increase its presence in those regions with aspirational buying preferences, said its VC and MD Varun Berry.The rural market is “very important” for Britannia, where the maker…

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