September 2, 2026 8:27 PM

RBI Governor meets US Fed chief Kevin Warsh at G20 meet

Reserve Bank of India Governor Sanjay Malhotra participated in the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Asheville, in the US state of North Carolina, engaging with global counterparts on key economic and financial priorities. The Governor also met Federal Reserve Chairman Kevin Warsh and the International Monetary Fund’s (IMF) First Deputy Managing Director Dan Katz on the sidelines of the FMCBG meeting, according to an RBI post on X. India is taking part in th...

January 21, 2025 3:28 PM

AI can add $4.4 trillion to global economy, but digital divide must be removed: WEF report

While Artificial Intelligence (AI ) could add $2.6 trillion to $4.4 trillion to the global economy annually, there is also a need to pay attention to the careers, lives and communities it will disrupt -- including those who have already been left out of the global digital economy, according to a presentation at the WEF annual meeting on Tuesday. “At a minimum, we must eliminate the existing digital divide. Despite the rapid proliferation of the Internet across the globe, over 2.5 billion peop...

May 14, 2024 4:16 PM

AI, green development to empower global economic growth: leaders

The fast-evolving sectors of artificial intelligence (AI) and green development can serve as major new growth engines to drive the global economy forward, according to attendees at the 2024 Global Trade and Investment Promotion Summit in Beijing on Monday. The summit was held under the theme of "Mutual Trust and Cooperation: Navigating through Profound Changes" and was organized by the China Council for the Promotion of International Trade (CCPIT). Representatives from both trade and investment...