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

States’ fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

The 16th Finance Commission has excluded SASCI transfers while estimating states’ fiscal deficits and has recommended capping the deficit at 3 per cent of gross state domestic product for individual states. Illustration: Dominic Xavier/Rediff Key Points Ind-Ra expects the revenue

Budget 2026 Treats Healthcare As Strategic National Capability

The Budget reframes healthcare as a strategic national capability, backing biopharma innovation, workforce expansion and technology-led governance to power India’s next growth phase, says Sangita Reddy. Kindly note this illustration was generated using ChatGPT and is only used for representational

Economic Survey 2026: India must run marathon and sprint simultaneously

According to the Economic Survey 2026, the appropriate stance for 2026 is therefore one of strategic sobriety rather than defensive pessimism. IMAGE: Finance Minister Nirmala Sitharaman. Photograph: ANI Photo In a world of geopolitical turbulence, India must run a ‘marathon