AI’s machine learning may net productivity gains and influence Fed

Members of the Federal Reserve rate-setting committee say they are factoring increased labor productivity into their economic forecasts as artificial intelligence technology becomes more widely adopted. Fed Chair Jerome Powell addressed this topic in his December news conference, saying that in past technology waves “there’s always been more work and higher productivity and incomes have…

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Why is stock market down today? Nifty50 goes below 23,800; BSE Sensex crashes over 1,100 points – top reasons for fall

Stock market crash today (AI image) Stock market crash today: Indian equity benchmarks, Nifty50 and BSE Sensex, plunged in morning trade on Thursday as global cues turned negative due to a host of factors. While Nifty50 went below 23,800, BSE Sensex plunged around 1,200 points. At 11:18 AM, Nifty50 was trading at 23,810.30, down 367…

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Mamata Banerjee moves Supreme Court against Bengal SIR; Election Commission and state poll body made parties in case | India News

West Bengal CM Mamata Banerjee NEW DELHI: West Bengal chief minister Mamata Banerjee has approached the Supreme Court challenging the ongoing Special Intensive Revision (SIR) of electoral rolls in the poll-bound state, PTI reported on Sunday.Banerjee filed the petition on January 28, naming the Election Commission of India (ECI) and the chief electoral officer of…

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‘Not enough’: PM economic advisor Sanjeev Sanyal warns of foreign ship reliance risks, backs India-owned merchant fleet for trade

Sanjeev Sanyal (File photo) India’s heavy dependence on foreign-flagged vessels, which carry more than 90 per cent of the country’s trade by volume, poses a serious strategic vulnerability risk, according to Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister.Speaking to ANI, Sanyal argued that India’s limited merchant fleet constrains the nation’s…

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