India and the US must cooperate on framing laws on synthetic intelligence (AI), Microsoft’s chief Satya Nadella stated on Wednesday, stressing that the new-age know-how can “equally distribute” progress. The India-born chairman and chief govt officer of the worldwide tech big stated the corporate can be skilling 20 lakh Indians on AI by 2025. A … Read more
International brokerage Jefferies sees Indian financial system clocking sturdy 6-7 per cent GDP progress over the subsequent 5-7 years, driving on the resurgence of a multi-year capex upcycle. Any potential central authorities capex slowdown — as a consequence of doubtless 140 foundation factors fiscal consolidation over subsequent two years — within the upcoming interim funds … Read more
Interim budget-cum-vote on account is prone to peg fiscal deficit for FY24-25 at 5.3-5.4 per cent of GDP (Gross Home Merchandise), sources within the authorities have mentioned. That is attainable by increased assortment of taxes and cuts in income expenditure. Although the federal government is hopeful of assembly the fiscal deficit goal of 5.9 per … Read more