Musk Predicts Double-Digit US GDP Growth Driven by AI
Elon Musk forecasts double-digit US GDP growth in 12-18 months, powered by AI. He also envisions a future with 'universal high income' and no poverty. Read more.
Elon Musk forecasts double-digit US GDP growth in 12-18 months, powered by AI. He also envisions a future with 'universal high income' and no poverty. Read more.
Top officials predict a significant upgrade in IMF's assessment of India's official statistics after ongoing data reforms. New CPI & GDP series, aligned with global standards, to be launched in Feb 2026.
Indian benchmark indices Sensex and Nifty 50 are poised for a positive opening on Wednesday, supported by record highs on Wall Street and upbeat Asian markets. Key factors include robust US GDP data and Gift Nifty trading higher. Read the full analysis.
US economy expanded at a 4.3% annualised rate in Q3 2026, its fastest pace in two years, driven by strong consumer spending. Delayed report shows resilience amid trade policy shifts. #USEconomy #GDP
The US economy expanded at a robust 4.9% annual rate in Q3 2023, fueled by strong consumer spending. This growth defies earlier recession predictions. Read the full analysis.
US stock markets closed lower as robust Q4 GDP growth fueled a spike in Treasury yields, raising concerns over the Fed's rate path. Key details on market reaction and expert analysis inside.
US economy expanded faster than expected at 4.3% in July-September quarter, driven by consumer spending and exports. Inflation remains above Fed's target. Details inside.
India's new data protection law fuels AI tools for companies, but a critical innovation gap leaves citizens struggling to understand their privacy rights. Discover why empowering users is key to enforcement.
Discover the world's wealthiest nations in 2025 by GDP per capita (PPP). See why small nations dominate, where India ranks, and the surprising country at number one.
India's Ministry of Statistics updates GDP base year to 2024-25, incorporating new data sources and the digital economy for more accurate growth measurement. Learn the key changes.
Chief Economic Advisor V Anantha Nageswaran defends India's robust GDP data, questions critics' asymmetry, and argues the informal sector is overestimated. Read his full rebuttal.
India's government will launch revised GDP, retail inflation, and industrial output data series starting February 2025. A key workshop on the base revision is scheduled for Tuesday.
India's key macroeconomic data, including inflation, GDP, and industrial production, will get a base-year reset in 2026. New CPI series launches Feb 12, GDP on Feb 27, and IIP on May 28. Read for details.
India's GDP growth moderated to 7.8% in the January-March quarter, bringing the full-year FY24 growth to a robust 8.2%. Key sectors show mixed performance as economists watch monsoon impact.
India's economy surges with 8.4% GDP growth in Q3 FY24, exceeding expectations. The government revises full-year forecast upward to 7.6%. Read the full analysis.
Princeton University faces consolidated lawsuits after a data breach. The incident, part of a wider Ivy League security crisis, raises major concerns about digital protection in higher education. Learn the details.
The Election Commission of India begins Special Intensive Revision hearings in West Bengal from December 23. Get details on new rules, mandatory physical appearance, and state-wide schedule.
BJP cites official data to counter Rahul Gandhi's claim of a manufacturing sector decline. The political row centers on GDP growth figures and employment. Read the full fact-check here.
The Indian government confirms no security breach in the Aadhaar database, safeguarding data of 134 crore users with multi-layered encryption and ISO certifications. Read details.
India's official GDP growth of 8.2% for Q2 FY25 has surpassed all forecasts, but top economists question the data. Explore the gap between projections and reality.
India's statistics ministry plans to eliminate the contentious 'discrepancies' component from GDP calculations. The new series, with a 2022-23 base year, aims for greater accuracy, with a full back series expected by February 2027.
Credit growth in India is projected to remain 1.3x faster than GDP, with banks and NBFCs as key drivers. Learn how this impacts the broader economy and key sectors.
India's impressive GDP numbers face scrutiny. Experts warn they may be overstated, creating an illusion of growth. Dive into the structural concerns behind the headline figures.
The Andhra Pradesh government has declined to make public the MoU with Google for its $15 billion AI data centre in Visakhapatnam. Explore the details and implications.
The Reserve Bank of India has revised its GDP growth projection for 2025-26 upwards to 7.3%, signaling robust economic confidence. Discover the key drivers behind this optimistic outlook.
The Reserve Bank of India has revised its GDP growth forecast for the current fiscal year upwards to 7.3%, signaling strong economic momentum. Get the latest details and analysis here.
Fitch Ratings revises India's GDP growth forecast upward to 7.4% for FY25, citing strong domestic demand and GST reforms. Discover the key drivers behind this optimistic outlook.
The Supreme Court has intervened to address the extreme work pressure on Booth Level Officers during voter list revision, directing states to reduce hours and consider exemptions. This follows reports of BLO suicides.
Finance Minister Nirmala Sitharaman announced India will update its GDP calculation base year to 2022-23. New data series, reflecting modern consumption, will be released on Feb 27. Read the full story.
The IMF's 'C' rating highlights long-standing issues with India's GDP data, including an outdated base year and deflator problems, casting doubt on the impressive 8.2% Q2 growth figure. Experts call for urgent statistical reforms.