AI making it difficult for central banks to determine growth potential: BIS | India News

AI is making it harder for central banks to determine an economy’s potential growth rate. Mumbai: AI is making it harder for central banks to determine an economy’s potential growth rate, as technological change increases uncertainty around productivity, potential output and the natural rate of interest, BIS general manager Pablo Hernández de Cos said.“AI is…

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Nandan Nilekani, heading exam reform panel, named in SIR’s ‘no-mapping’ category | India News

Notices were generated because details of Nandan Nilekani’s names were not found in the 2002 voter list. Infosys co-founder Nandan Nilekani, who is currently heading a government task force on examination reforms, and his family members have been named in Election Commission notices generated under the ‘no-mapping’ category, according to Bengaluru South City Corporation officials.The…

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‘I didn’t see any benefits’: Congress leader P Chidambaram questions 2026 Brics Summit | India News

Chidambaram’s remarks came as authorities in the capital intensified preparations for the Brics summit. NEW DELHI: Senior Congress leader and Rajya Sabha MP P Chidambaram has questioned what India has gained from recent Brics meetings, saying he has not seen any tangible benefits from the last two or three summits.With India set to host the…

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‘Wonder if I should become a cockroach’: Vijay Mallya cries ‘injustice’ over bank dues | India News

Vijay Mallya was declared Fugitive Economic Offenders under the Fugitive Economic Offenders Act, 2018. NEW DELHI: Vijay Mallya, declared a fugitive by the government, quipped on X about “becoming a cockroach”, wondering if he may have a “better life on the cockroach side” as he cried “injustice” over legal action linked to his bank dues.Mallya,…

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West Asia conflict likely hindrance to cementing Brics declaration | India News

West Asia conflict likely hindrance to cementing BRICS declaration NEW DELHI: India’s push for agreement at the BRICS summit beginning Sept 12 faces divisions among its members over the West Asia conflict.Russian officials, speaking to their country’s media, have acknowledged difficult negotiations, while Brazilian reporting has raised doubts about a strong final declaration. Yet Chinese…

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