Latest Economic Impact News & Updates

New Delhi, May 12 (IANS) Congress MP Imran Masood on Tuesday criticised Prime Minister Narendra Modi’s appeal asking citizens to conserve fuel, avoid non-essential purchases including gold, and adopt austerity measures amid the ongoing global crisis, alleging that the burden of sacrifice is being placed solely on the public even as the ruling BJP continues to spend fuel on massive events.“They want sacrifice only from the public. Only the public will make sacrifices. Even yesterday, two lakh…

Stanlow (UK), May 11 (IANS) Essar Energy Transition on Monday published its maiden In-Country Value Overview Report, revealing the scale of the company’s contribution to the UK economy, energy resilience and security, and its pivotal role in the UK’s industrial decarbonisation. The independent report by FGE NexantECA highlights that while Essar Energy Transition is already a critical fiscal and industrial asset, its transition into a low-carbon energy hub will unlock unprecedented economic v…

Washington, April 14 (IANS) The rapid advances in artificial intelligence (AI) have yet to translate into measurable gains in global productivity, even as the technology holds the potential to significantly boost economic growth in the coming years, the International Monetary Fund (IMF) has said.Speaking during a group interview with reporters from India, Japan, the UAE, the Netherlands and Chile, IMF Chief Economist Pierre-Olivier Gourinchas said current macroeconomic data does not yet reflect …

Ayodhya, Feb 18 (IANS) Ayodhya’s Ram Mandir is set to offer devotees a 3D experience of temple rituals, including puja, aarti, and darshan of 14 temples. The initiative aims to allow devotees who are unable to visit the temple in person to experience the rituals virtually, as if they were physically present at the museum. Speaking to reporters, Shri Ram Temple Construction Committee Chairman Nripendra Mishra said that discussions are underway regarding the development of a major gallery inside…

Islamabad, Jan 5 (IANS) People held a protest in the Landi Kotal area of Pakistan’s Khyber Pakhtunkhwa to demand an immediate reopening of the Torkham border, local media reported on Monday. Traders, transporters, tribal elders, daily wagers, activists of political parties and civil society were part of the protest held on Sunday under the banner of All Borders Coordinators Council.Representatives from various organisations and groups, who were directly impacted by the border shutdown with Afgha…

New Delhi, Jan 3 (IANS) India’s digital journey reached a major turning point in 2025 as some of the world’s biggest technology companies announced massive investments in the country’s artificial intelligence and data centre ecosystem.Firms such as Microsoft, Amazon, Google and Meta are together committing at least $67.5 billion — highlighting India’s growing importance in the global digital economy.These investments signal that India is no longer seen only as a large market for users. …