AI can help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

IMF Managing Director Kristalina Georgieva highlights the transformative potential of artificial intelligence to drive global economic growth while cautioning about the significant risks of job displacement and financial instability that must be addressed proactively. Photograph: Carla Carniel/Reuters Key Points IMF’s

Why India equity markets are likely to remain volatile next week

Indian equity markets are predicted to experience volatility in the coming week, influenced by domestic economic data, F&O expiry, US tariff policies, and escalating US-Iran Photograph: Danish Siddiqui/Reuters Key Points Indian equity markets are expected to remain volatile due to

India’s Infrastructure Output Growth Slows in January

India’s core sector growth decelerated to 4% in January, signaling a slowdown in key infrastructure industries and raising concerns about overall industrial production. Illustration: Dado Ruvic/Reuters Key Points India’s core sector growth slowed to 4% in January, a two-month low,

India’s Use Of ChatGPT 4 Times Global Average

‘AI adoption is moving faster than our ability to measure it — and that’s a challenge for anyone trying to make smart decisions.’ Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.   OpenAI

Urban India likely to account for 70% of GDP in FY26

Dun & Bradstreet report finds balance shifting from metros to emerging cities. Photograph: Hemanshi Kamani/Reuters Key Points India is undergoing rapid urbanisation Among metropolitan cities, Ahmedabad ranked first in terms of growth, followed by Bengaluru and Delhi. Major emerging cities

Trump’s tariffs junked: What it means for Indian companies

The Trump administration on April 2, 2025, announced these duties on about 60 nations, including India. It was aimed at providing a level playing field to US exporters. Illustration: Dado Ruvic/Reuters Key Points Normally, companies pass on these taxes to

India’s forex kitty jumps $8.66 bn to record $725.72 bn

The previous all-time high of $723.77 billion was touched in January. Illustration: Dado Ruvic/Reuters Key Points The overall forex reserves dropped $6.71 billion Value of the gold reserves surged by $4.99 billion India’s reserve position with the IMF was also

Auto Buy Tata Motors delivers a knock-out Punch.ev

With its Battery-as-a-Service (BaaS) model Tata Motors just redrew the EV battle lines, says Rajesh Karkera/Rediff.com Since the first Punch.ev hit our roads in early 2024, it has been a game-changer for first-time EV buyers. But on Froday, Tata Motors

AI Democracy Needs India: OpenAI

‘This is a technology that will particularly benefit those who want to take agency over it’. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.   Key Points OpenAI has 100 million users in

Valeo’s India play: Rs 2,150 cr investment, 3x sales by 2028

Valeo manufactures electric motors, inverters, onboard chargers, DC-DC (direct current-to-direct current) converters, battery cooling systems, parking sensors, cameras, and radar-based driver-assistance systems. Photograph: Steve Marcus/Reuters Key Points It operates six manufacturing facilities across Chennai, Pune, Sanand, and Gurugram Currently, only