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 …
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New Delhi, March 18 (IANS) As Pakistan faces a deepening poverty crisis as per the latest government data, the country is actually facing “institutional poverty” — the absence of strong, predictable and resilient institutions that protect incomes, enable opportunity and absorb shocks, a new report has said.The Planning Commission of Pakistan revealed that monetary poverty has risen from 21.9 percent in 2018–19 to 28.9 percent in 2024–25, but the country is not only facing monetary pove…
New Delhi, Feb 13 (IANS) Delhi Assembly Speaker Vijender Gupta said on Friday that India stands at a decisive juncture in the age of Artificial Intelligence, and it must harness technology in a manner that strengthens opportunity, safeguards fairness, and advances inclusive economic growth.Addressing the 3rd National Seminar on ‘Challenges and Opportunities in the Age of AI: An Economic Perspective’ at the Academic Auditorium of Shaheed Bhagat Singh College, University of Delhi, the Speaker …