New Delhi, March 5 (IANS) India is emerging as a key player in the global Artificial Intelligence revolution and is helping to democratise the technology not just for its own citizens but also for developing countries around the world, Kristalina Georgieva, Managing Director of the International Monetary Fund, said on Thursday.Speaking at the Asia in 2050 Conference in Bangkok, Georgieva said the rapid development of AI has the potential to reshape the global economy, with Asia playing a central…
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New Delhi, March 5 (IANS) Policymakers and businesses in Asia must remain agile and financially strong as the world faces more frequent and unpredictable shocks, Kristalina Georgieva, Managing Director of the International Monetary Fund, said on Thursday.Speaking at a conference in Bangkok, Georgieva said the global economy is entering a period of constant uncertainty where countries need to be ready for new challenges that can emerge at any time.She stressed that governments should focus on str…
New Delhi, Feb 20 (IANS) International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Friday said that India’s goal of becoming a developed nation (Viksit Bharat) can be achieved with AI-driven innovation and expansion, and the country could harness AI to achieve its target of a $30 trillion economy by 2047.Addressing the AI Impact Summit 2026 here, Georgieva said that artificial intelligence could bolster global growth by 0.8 per cent, faster than the pace seen before the Covid…
New Delhi, Jan 23 (IANS) India is emerging as one of the world’s major forces in artificial intelligence (AI), supported by strong reforms, digital public infrastructure, and a skilled technology workforce, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the World Economic Forum in Davos.The IMF MD pointed to India’s rapidly built digital public infrastructure and deep pool of IT‑skilled labour as major strengths, NDTV Profit reported.Georgieva said the …
Davos, Jan 21 (IANS) India clearly belongs to the first group of AI nations as AI architecture comprises five layers — application, model, chip, infrastructure, and energy — and we are actively working across all five, Union Minister for Electronics and IT, Ashwini Vaishnaw, has said.Outlining India’s approach to Artificial Intelligence (AI) the minister emphasised large-scale AI diffusion, economic viability, and techno-legal governance, during a panel discussion at the World Economic Foru…
Davos, Jan 21 (IANS) A tsunami is hitting the labour market and jobs are being both enhanced and replaced by artificial intelligence (AI), Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), has said.Speaking at a session during the World Economic Forum (WEF) annual meeting in Davos, she said the world as a whole is already experiencing the arrival of AI, but “I do worry about the accordion of opportunities that are much more present in some places than in others”.”AI…