India's computer services exports have risen 30 per cent since the advent of ChatGPT in November 2022, even as overall services exports have plateaued, World Bank's South Asia Chief Economist Franziska Ohnsorge said, terming Artificial Intelligence (AI) and the conclusion of more trade agreements that can trigger a "manufacturing renaissance", as the two big investment opportunities for India in coming years.
The statement, made during a special interview with Tolo News, came days after the US President said that Washington was trying to regain control of the base, which is currently under the control of the Taliban government after the US and its allied troops withdrew from the country in 2021.
The Enforcement Directorate has summoned a Karnataka BJP worker who had petitioned the Allahabad High Court claiming that Congress leader Rahul Gandhi is a British citizen. The probe is related to alleged violations of the Foreign Exchange Management Act (FEMA).
News of his election brought much cheer among his friends and family back in Mirzapur.
India's exports rose 6.7 per cent to $35.1 billion in August annually, while imports declined 10.12 per cent to $61.59 billion, according to government data released on Monday. Gold imports were down nearly 56 per cent in August, helping to trim merchandise trade deficit to $26.49 billion in August, as against $35.64 billion in the year-ago month.
The drama unfolded after Majumdar, a Union minister of state, defied police restrictions and rode a motorbike to Bhabanipur to observe 'Paschimbanga Dibas' (West Bengal Day).
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
'For tech fields like AI-DS, the US, Canada, UK, Germany and Australia are popular due to strong research and industry links', says rediffGURU Dr Karan Gupta.
The Board of Control for Cricket in India (BCCI) has decided to organize three four-day practice matches against England Lions in the UK before the upcoming Test series against England.
India pacer Akash Deep received a special award for his impressive performance in the recent Test series in England during annual Cricket Association of Bengal (CAB) awards in Kolkata on Saturday.
'For the longest time, he was not an activist.' 'He was just trying to build his own self-identity, self-respect and ambition.'
Former US National Security Advisor John Bolton says President Trump's personal relationship with Prime Minister Modi has deteriorated, potentially pushing India closer to Russia and China.
Families of victims of the Air India plane crash have hired a US law firm to explore legal options, seeking answers and accountability.
The aircraft was unable to return to HMS Prince of Wales due to adverse weather conditions.
India Head Coach Gautam Gambhir addressed the crow as Team India were hosted by the Indian High Commission in London on Monday
Kuldeep Yadav's artistry was too much for a clueless UAE to comprehend as India hardly broke a sweat in an emphatic nine-wicket victory in their Asia Cup opener in Dubai on Wednesday.
Or will he just repeat what we all know on the new GST rates - worked out under desperation and which become effective tomorrow?" Congress leader Jairam Ramesh said.
Tamil Nadu wicketkeeper-batter N Jagadeesan has been called in as cover for the injured Rishabh Pant for the fifth Test for the Anderson-Tendulkar Trophy at the Oval.
The Indian government is studying the implications of US President Trump's announcement to impose tariffs on Indian goods and remains hopeful of concluding a bilateral trade agreement.
Lord Meghnad Desai, renowned British Indian economist and House of Lords peer, has died at the age of 85. Tributes pour in from political figures and colleagues.
The Delhi High Court dismissed a plea seeking the removal of the graves of terrorists Mohammad Afzal Guru and Mohammad Maqbool Bhatt from Tihar Jail, citing the absence of any law prohibiting burial inside jail premises and the government's decision to maintain law and order.
Varun shoots for Border 2... Ameesha is in SFO...Esha's hot photoshoot in Dubai...
'It is good to have the H1-B visa option but if tomorrow things happen to change, it is not the end of the world situation.'
Stock markets declined for the second day in a row on Friday, with the Sensex tumbling 721 points due to heavy selling in financial, IT and oil & gas shares amid persistent foreign fund outflows.
India pacer Harshit Rana says game time in the ongoing Delhi Premier League has served as ideal preparation for the Asia Cup, beginning on September 9.
The statement did not name any country. But the US has often blamed India and China for purchasing Russian oil even when there are no tariffs on Beijing for it.
During the two months in England when he was warming the bench, the easy way would have been to blame anyone and everyone for his failure to fit into India's playing XI, but Kuldeep Yadav chose to traverse the tougher route.
The Delhi High Court has directed Priya Kapur, wife of the late Sunjay Kapur, to disclose all his assets as of his death, following a challenge to his will by his children with Karisma Kapoor.
The festival's People's Choice Award, voted by the audience, is a strong indication of films that can eventually be nominated and even win Oscars. Twelve of the last 15 People's Choice winners have received Best Picture Oscar nominations.
Richmond fourth XI were bowled out for two runs, one of which was a wide, chasing 427 to beat North London Cricket Club.
'There is definitely tepid demand because of the (reciprocal tariff) uncertainty.'
With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.
Gold prices are expected to maintain their upward momentum though some consolidation could set in ahead of the US Federal Reserve's policy decision on September 17, analysts said. Traders will focus on the trade inflation data to gauge the impact of tariffs, inflation numbers from major economies including UK and Euro zone, along with monetary policy meetings of Bank of England and Bank of Japan which will provide more guidance for bullion prices, they added.
The transmission of the February and April rate cuts is now complete, validating the central bank's monetary stance and contributing to a revival in credit growth, said Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday. "We now have preliminary figures for June credit rates, and we find that for new loans, the rates are lower by at least 50 basis points (bps)... within two months of our 50-bp cut, we are in June, and the whole of the monetary policy transmission has happened.
'There are only a few countries in the world that have deployed combat-ready laser systems.'
Education loan growth is set to halve this fiscal (FY26) because disbursements for the US decelerate following a raft of policy changes there.
'The kids are already used to this place. We go back and that's a different environment.' 'So, mentally, emotionally we are stressed.'
India expects partners to understand its policy of 'zero tolerance' against terrorism, and it will never countenance 'perpetrators of evil' being put on par with its victims, External Affairs Minister S Jaishankar said on Saturday during extensive talks with his British counterpart David Lammy.
'Saudi-Pak defence pact is to anchor the defence and security of Saudi Arabia and not Pakistan, per se, with Islamabad being the junior partner.'
The peace plan included that Gaza will be a deradicalised, terror-free zone that does not pose a threat to its neighbours and will be redeveloped for the benefit of the people of Gaza. The peace plan stated that if both sides agree to this proposal, the war will immediately end. Israeli forces will withdraw to the agreed upon line to prepare for hostage release.
