economic impact
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OPEC+ Boosts Production as Oil Prices React to Geopolitical Tensions
Oil Prices Surge After US and Israel Strikes on Iran, Brent Crosses $80 Before Easing Global oil prices spike as Middle East tensions escalate, with Brent crude briefly touching $80 per barrel before paring gains.Brent and WTI Jump Sharply Amid Escalating Middle East Crisis Global oil markets... - K
South Korea Prepares for Strait of Hormuz Closure After U.S. Israeli Strike on Iran
Seoul Convenes Emergency Meeting to Assess Economic Fallout Seoul, March 1: South Korea’s industry ministry says it is preparing for all possible contingencies, including a potential closure of the Strait of Hormuz, following escalating tensions around Iran after a large scale U.S. Israeli... - K
Anthropic CEO Dario Amodei Warns of ‘AI Tsunami’ as Artificial Intelligence Nears Human-Level Capabilities
AI Advancing Faster Than Public Realizes, Says Dario Amodei Dario Amodei, CEO of Anthropic, has cautioned that artificial intelligence is progressing toward human-level capabilities far more rapidly than most people recognize, describing the shift as an approaching “AI tsunami.”Speaking on a... - K
Nirmala Sitharaman Says It Is Too Early to Gauge Impact of US Tariff Changes on India
Commerce Ministry Reviewing US Tariff Decision New Delhi, February 23: Union Finance Minister Nirmala Sitharaman said on Monday that it is too early to assess the impact of the recent tariff changes announced by the United States, noting that the commerce ministry is currently examining the... - K
Nirmala Sitharaman Says It Is Too Early to Assess Impact of New US Tariffs as Commerce Ministry Reviews Situation
New Delhi, February 23: Finance Minister Nirmala Sitharaman on Monday said it is too early to assess the impact of the latest tariff changes announced by the United States, adding that the commerce ministry is currently reviewing the developments.Her remarks come after a series of swift policy... - K
Indian-Origin Tech Leaders Are a Net Positive, Says Cisco President Jeetu Patel
New Delhi, February 22: The growing presence of Indian-origin executives at the helm of global technology giants should not be seen as a case of brain drain, but as a net positive for both India and the global economy, according to Jeetu Patel, President and Chief Product Officer at Cisco... - K
AI in India: Exploring Practical Applications and Inclusive Growth
Washington, Feb 15 – As India prepares to host the AI Impact Summit in New Delhi next week, Bipul Sinha, Chairman and CEO of Rubrik, sees the event as a crucial opportunity to shift the global conversation about artificial intelligence from fear to practical applications that can transform...