In a post on X, he warned that AI could significantly change workforce requirements.
Vembu pointed out that one person using AI could potentially perform...
India’s growth remained robust, underpinned by domestic demand and services, despite
higher oil prices, it said.
India stands out with upward revisions, reflecting sustained momentum and...
However, it warned that the downside risk also originates from potential sharp corrections in AI-related asset valuations which pose contagion risks to global financial...
“This move is aimed at anchoring inflation expectations while maintaining macroeconomic stability. Although the increase in the repo rate will play some part in...
The Monetary Policy Committee (MPC) of RBI on Wednesday voted unanimously to increase the policy repo rate under the liquidity adjustment facility (LAF) by...
India remains one of the fastest-growing major economies in the world and a key contributor to global growth, the World Bank’s latest economic update...
“Although India remains exposed to the effects of the West Asia conflict through higher commodity prices and external sector pressures, our economy is navigating...
“Although we continue to expect India to grow faster than all other G-20 economies, as well as similarly rated emerging market sovereigns, risks remain,”...
