Mumbai, Oct 4 (IANS) The Indian equity market extended its corrective phase for the eighth consecutive week, with benchmark indices ending sharply lower amid sustained foreign fund outflows, rising crude oil prices and weak global cues.
New Delhi, Oct 4 (IANS) The rapid rise of artificial intelligence is seen as a game-changer, ushering in a new era with the technology’s potential for unprecedented productivity gains through automated customer service and advanced medical diagnostics, to generative AI systems capable of producing text, code, and images within seconds - but history suggests that technological revolutions do not always translate immediately into broad-based social prosperity.
New Delhi, Oct 4 (IANS) Corruption is emerging as one of the biggest hidden costs to Bangladesh’s development, increasing the burden on citizens, discouraging investment and weakening trust in public institutions, according to recent findings and analyses highlighted in a discussion on governance and economic growth, a report has said.
New Delhi, Oct 4 (IANS) Powerus, an American defence company with close ties to the family of US President Donald Trump, shot into the limelight last week when it signed a memorandum of understanding (MoU) with the Pakistani Army and offered Islamabad access to Ukrainian drone technology which has serious implications for regional security.
New Delhi, Oct 4 (IANS) China’s prolonged property downturn has exposed deep vulnerabilities in a local government financing model that relied heavily on land sales and off-budget borrowing, with the resulting fiscal strain increasingly weighing on businesses, workers and economic growth, a report has said.
Mumbai, Oct 4 (IANS) After a holiday-shortened week which saw benchmarks slip below a key psychological level as a worsening global backdrop overwhelmed domestic support, the Indian stock markets are geared up for the RBI policy decision and growth projections, along with the beginning of the Q2 earnings season.
New Delhi, Oct 4 (IANS) The Indian IT sector is likely to register another muted results (July-September period), in what is typically a seasonally strong quarter, as deal wins remain soft, client decision-making stays cautious, and discretionary spending stays curtailed amid macro uncertainty, according to analysts.
New Delhi, Oct 4 (IANS) As the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week, economists now expect the Central Bank to begin a rate-hiking cycle, bringing forward their earlier call for a December hike.
New Delhi, Oct 4 (IANS) Foreign portfolio investors (FPIs) turned heavy sellers in September with total equity selling of Rs 45,536 crore. However, they continued to invest through the primary market with investment of Rs 9,676 crore last month.
New Delhi, Oct 3 (IANS) The challenge before policymakers is not to choose between regulation and growth, but to develop regulations that manage risks while supporting innovation, competition and investment, Rajiv Gauba, Member, NITI Aayog, said on Saturday.
