Representative Image (Picture credit: Reuters) BOSTON: Anyone following the rhetoric around artificial intelligence in recent years has heard one version or another of the claim that AI is inevitable. Common themes are that AI is already here, it is indispensable, and people who are bearish on it harm themselves. In the business world, AI advocates … Read more
New Delhi: Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy passed away this morning, a senior EAC-PM official said. He was admitted to AIIMS. Debroy (69) was educated in Ramakrishna Mission School, Narendrapur; Presidency College, Kolkata; Delhi School of Economics; and Trinity College, Cambridge. He had worked in Presidency College, Kolkata; Gokhale … Read more
Noted economist Bibek Debroy on Friday resigned as Chancellor of the Gokhale Institute of Politics and Economics (GIPE), a day after the Bombay High Court extended interim relief to Vice-Chancellor Ajit Ranade, who was earlier removed from his post. Debroy, who is also chairman of the Economic Advisory Council to the Prime Minister … Read more
New Delhi: As the statistics reflect a significant increase in employment in the country, non-profit organisation PRS Legislative Research, commonly referred to as PRS, is set to organise a ‘National Workshop for State Legislators on Employment’ on August 22-23, with top economists in presence. Scheduled to be addressed by Minister of State (Independent Charge) for … Read more
Canada’s annual inflation rate dropped to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday. The national statistics agency said inflation increased at the slowest pace in more than three years, since March 2021. The deceleration was attributed in part to lower prices for travel as compared to a year earlier, when travel … Read more
Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday. Employment fell in wholesale and retail trade, which shed 44,000 jobs, and in finance, insurance, real estate, rental and leasing, which shed 15,000 jobs. Public administration, transportation and warehousing, and utilities saw jobs gains. … Read more
Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more
Aug 06, 2024 10:26 AM IST SBI will recruit candidates for manager, officer, clerk, economist and banking advisor posts. Eligible candidates can apply at sbi.co.in. State Bank of India has invited applications for manager, officer, clerk, economist, banking advisor and other posts. Eligible candidates can apply online through the official website of SBI at sbi.co.in. … Read more
Cost of Living9:09Is it time to retire the seniors’ discount? Whether she’s attending a chamber performance or playing in one, cellist and teacher Laura Backstrom says one thing is pretty consistent — the audience “looks like a sea of white hair,” she says. In contemplating why that is, Backstrom, 60, said she initially thought it was because seniors … Read more
Canada’s annual inflation rate fell to 2.7 per cent in June — down from 2.9 per cent in May — mostly due to slower increases in gasoline prices, Statistics Canada said on Tuesday. Compared to June of last year, gasoline prices rose an average of 0.4 per cent in June. That’s down from a 5.6 per cent annual increase … Read more
