UN Secretary-General Antonio Guterres (File pic) UN Secretary-General Antonio Guterres on Saturday endorsed India as the perfect host for the AI Impact Summit 2026 starting Sunday, praising the nation’s growing global influence and successful economy. The first-ever AI summit in the Global South will be held from February 16-20, bringing together world leaders, tech CEOs,…
MUNICH: Finance Minister Nirmala Sitharaman met Christine Lagarde, President of the European Central Bank (ECB), in Munich, Germany, among several other key dignitaries, during her ongoing visit.Both leaders were pleased to note the finalisation of the India and the European Union Free Trade Agreement (FTA) in January 2026. The Union Finance Minister underlined the financial…
Screengrab (Ashwini Vaishnaw) The Union Cabinet has cleared a series of major infrastructure projects spanning railways, roads, tunnels and metro expansion, alongside large-scale urban and startup funding decisions, with the total approved outlay pegged at about Rs 1,60,504 crore, cabinet minister Ashwini Vaishnaw informed on Saturday.A significant portion of the approvals is directed towards transport…
Delhiites could soon change the way they use electricity! In a major move to reshape how power is bought and sold, the Delhi Electricity Regulatory Commission (DERC) has approved a framework allowing consumers to trade electricity directly with one another. The order clears the path for Tata Power Delhi Distribution Ltd and BSES Rajdhani Power…
The Union Cabinet has approved the extension of the Noida Metro Aqua Line from Botanical Garden to Noida Sector 142, a move aimed at strengthening urban connectivity in one of the fastest-growing manufacturing and services hubs in the National Capital Region.The project will be implemented by the Noida Metro Rail Corporation Limited (NMRC) and will…
File photo: Union finance minister Nirmala Sitharaman India has sharply increased its spending on climate action over the past six years, with allocations rising from around 3.7 per cent of GDP to nearly 5.6 per cent, Union finance minister Nirmala Sitharaman said on Saturday.Speaking at the ‘Degrees of Instability: Climate Security in a Warming World’…
NEW DELHI: Driven by structural reforms, entrepreneurial energy and a forward-looking approach to debt and development, India’s post-Covid expansion has been among the most consistent for any major economy, with expectations remaining strong for the medium term, Yann Le Pallec, president, S&P Global Ratings said on Saturday. “In our latest report, we explored how India…
NEW DELHI: In a rapidly reshaping global economy, strategic sovereignty has emerged as a guiding imperative, as nations navigate global supply chains while safeguarding critical capabilities in an increasingly fragmented world, global business leaders said. During a panel discussion, KPMG India CEO Yezdi Nagporewalla, global leaders across new age economy, technology and defence, financial inclusion,…
File photo: US secretary of state Marco Rubio and EAM S Jaishankar (Picture credit: AP, ANI) US secretary of state Marco Rubio on Saturday said Washington has secured a commitment from India to stop buying additional Russian oil, even as the United States continues to tighten sanctions on Moscow over the Ukraine war.Speaking at the…
A new study by the Indian Council for Research on International Economic Relations (ICRIER), supported by OpenAI, has sought to ease concerns about large-scale job losses due to artificial intelligence.According to the report, generative AI is not triggering mass layoffs in India’s IT sector at present. Instead, it is reshaping how work is organised, improving…
