The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna, a buy now, pay later financial services provider, estimates that its AI assistant tool will increase its profit outcome by $40 million by the end … Read more
New Delhi: Robust economic growth, decent corporate earnings, macroeconomic stability, expectations of political stability after elections, sustained capital flows, and retail investor enthusiasm will keep the market resilient despite rich valuations, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. A recent healthy trend in the market is the outperformance of the fundamentally strong … Read more
The fund will underpin promising start-ups in the fields of artificial intelligence, biotechnology and semiconductors, and is expected to attract more technology firms to Shanghai, the municipal government said in a statement on Friday. The local state-owned assets watchdog will be responsible for the fund’s establishment and operations. It will be the city’s largest government-backed … Read more
Consumers have also been told to opt for local goods and services, invest in products that are denominated in ringgit, and also travel domestically. Such efforts can help them save money, and also go a long way in shoring up the ringgit, according to the government. Some locals told CNA they are supportive of such … Read more
New Delhi: The country’s car industry has for the second time revised upwards its growth projections for this fiscal to more than 8%, nearly twice the rate projected at the start of the year. Passenger vehicle sales in the local market are expected to grow by 8.1-8.2% to 4.23 million units in FY24, buoyed by … Read more
The country’s car industry has for the second time revised upwards its growth projections for this fiscal to more than 8%, nearly twice the rate projected at the start of the year. Passenger vehicle sales in the local market are expected to grow by 8.1-8.2% to 4.23 million units in FY24, buoyed by better-than-expected economic … Read more
Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister of Finance, follow the debate at the start of the budget week. Michael Kappeler | Picture Alliance | Getty Images Good news has been sparse for the German economy. And … Read more
Last Updated: February 09, 2024, 17:26 IST Delhi Metro: Central Government Accelerates Rithala-Kundli Corridor Project For Quick Connectivity. (File photo) Central Govt fast-tracks Delhi & Bangalore Metro projects, aiming for seamless city connectivity & economic growth nationwide. The Central government has accelerated the Rithala-Bawana-Narela–Kundli urban transit metro corridor of Delhi Metro Rail Corporation (DMRC) in … Read more
Chinese vice-premier He Lifeng has called for improvements in the performance and profitability of listed firms, a signal that Beijing wants to see more support for China’s ailing stock market and a boost in confidence along with it. He made the remarks during a nationwide teleconference attended by cadres from all regions on Monday, during … Read more
India’s world-class digital public infrastructure (DPI), also referred to as the India Stack, has enabled online, paperless and cashless digital access to various public and private services, according to the review of the economy released by the economic division in the finance ministry. It said the use of technology and digital platforms has been the … Read more
