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Can AI boom make everything more expensive? IMF’s chief economist says the inflation story is just beginning

The AI investment boom is “generating tremendous valuations” for companies in US stock markets and countries such as South Korea, creating a wealth effect that could add to price pressures, Gourinchas said in an interview with Bloomberg News. Artificial intelligence (AI) could fuel inflation not only by pushing up the cost of semiconductors and technology...
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GTRI seeks clear DPIIT guidelines on new quality certification regime; warns of fresh compliance hurdles

GTRI has urged the Department for Promotion of Industry and Internal Trade (DPIIT) to issue detailed operational guidelines for the government’s newly notified quality certification mechanism, saying the success of the reform will depend on transparent implementation Trade policy think tank Global Trade Research Initiative (GTRI) has urged the Department for Promotion of Industry and...
arvind kejriwal slams bjp

‘Neither exams nor temples spared’: Kejriwal attacks BJP after Maharashtra entrance test postponed due to ‘paper leak’ | India News

Arvind Kejriwal (File photo) NEW DELHI: Following the postponement of an entrance examination due to suspected paper leak in BJP-led Maharashtra, AAP national convenor Arvind Kejriwal on Saturday accused the saffron party of “sparing neither the exams nor the temples.“The former Delhi chief minister appeared to allude to the recent NEET-UG paper leak controversy and...
uddhav thackeray

‘What’s the rate now?’ Uddhav Thackeray revives ’50 khokha’ jibe at Eknath Shinde after 2022 split | India News

Uddhav Thackeray revives ’50 khokha’ jibe at Eknath Shinde after 2022 split NEW DELHI: Shiv Sena (UBT) chief Uddhav Thackeray on Saturday revived his “50 khokha” jibe at Maharashtra deputy chief minister Eknath Shinde, questioning what the “rate” of MPs would be after claiming MLAs were allegedly bought for Rs 50 crore during the 2022...
nz foreign minister winston peters

India-New Zealand Free Trade Agreement: ‘Target Indians and Indians alone’: New Zeland foreign minister Winston Peters alleges ‘covert’ immigration changes under FTA

New Zealand foreign minister and New Zealand first leader Winston Peters has accused the National Party-led government of ‘covertly’ introducing immigration changes that unfairly target Indian citizens under the proposed India-New Zealand Free Trade Agreement (FTA), while the government has rejected the allegations as misinformation.In a series of posts on X and later during the...
ppi

Explained: How India’s transition from WPI to PPI will strengthen inflation measurement – what it means for policy making

PPI captures the prices relevant for the production process without being complicated by inclusion of indirect taxes net of subsidies or wholesalers’ margins. (AI image) By DK Srivastava, Chief Policy Advisor, EY IndiaConventionally, in India, two major price indices namely Wholesale Price Index (WPI) and Consumer Price Index (CPI) have been prepared periodically. The WPI...
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