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BOJ says AI boom may have eased financial conditions, warns of market risks

Bank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting asset prices, but warned of the risk of a market pullback if expected profits fail to materialize.

Avengers Endgame Overtakes Avatar As The Highest Grossing Film Of All Time With Encore Re-Release

The 2019 Marvel blockbuster has now earned $2.925 billion worldwide, narrowly moving ahead of James Cameron's Avatar, which has collected $2.923 billion globally following five theatrical re-releases

After warning AI may hurt everyone; Sam Altman says it should be broadly accessible

Sam Altman, the visionary CEO of OpenAI, asserts that the global community must embrace certain inherent risks tied to the evolution of AI technology. He posits that the benefits significantly overshadow the drawbacks, promoting the idea of AI being accessible to all. While he respects varied opinions from competitors…

Drishyam 3 Box Office Collection Day 3 Live Updates: Ajay Devgn’s film beats Tom Cruise’s Digger, ranks second at global box office

Petrol and diesel prices today, October 5: Check fuel cost in Delhi, Mumbai, Bengaluru

Indian refiners are currently dealing with the impact of geopolitical disruptions on global crude oil and fuel markets. Yet, the OMCs have kept fuel rates steady

UN ‘pre-COP’ climate summit kicks off in Fiji

This week's talks in Nadi and on the atoll nation of Tuvalu are a precursor to the larger UN-sponsored global climate summit - known as COP31 - to be held next month in Turkey

The Amazon's future is on the ballot in Brazil. Many voters aren't focused on it

Brazil's environment is a global concern. But on the campaign trail, it's struggling to get voters' attention.

Brazil's election could shift its ties with the U.S. and China

Brazil is a global supplier of oil, soybeans and critical minerals. Americas Quarterly editor in chief Brian Winter explains how Brazil's presidential election could impact trade with the U.S. and China.

EAM Jaishankar says US has chosen to become 'lonelier power'

S Jaishankar stated that India aims to mediate in the Russia-Ukraine conflict through dialogue and diplomacy. India has recently proposed ideas addressing issues like grain and energy exports to both nations. Jaishankar emphasized America's changing global position and the implications of China's rise on international…

Rising global capital costs pose challenge for emerging economies: Anurada Thakur

Pointing to changes in global financial markets, economic affairs secretary Anuradha Thakur said bond markets were assuming a larger share of financing, with government papers alone accounting for more than 80% of global gross domestic product.

Domestic capacity, reforms key amid global uncertainty: Shaktikanta Das

AI's race to transform the world before the money runs out

Cumulative spending globally on data centers alone could top $30 trillion by 2050, according to a projection by PwC, almost matching the value of outstanding US Treasuries. It "dwarfs" what was spent in the railroad or dotcom booms, even after adjusting for inflation, PwC said.