Category: Business

Job losses due to AI: US Fed gov Cook has important observation; says unemployment could rise in short-term

Federal Reserve governor Lisa Cook on Tuesday (local time) cautioned that artificial intelligence is beginning to reshape the US labour market in ways that could further push unemployment rates higher and limit how effectively the central bank can respond with interest rate cuts.Speaking in remarks for a national association for business economics conference, Cook said, […]

Gold price prediction today: Will gold, silver be able to hold on to gains this week? Here’s the outlook

Positive outlook persists for precious metals for medium to long terms. (AI image) Gold price prediction today: Gold prices are moving up but the lack of any major positive catalyst may limit the upside this week, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Bullions prices started the current week […]

Asian stocks today: Markets trade in green after Wall Steet’s strong rally; Nikkei jumps over 2% to record highs

Asian stocks traded in green on Wednesday, mirroring Wall Street’s gains and sustained enthusiasm around the artificial intelligence boom. Investors also kept close eye on US President Donald Trump’s State of the Union address, delivered during Asian trading hours. In Japan, Nikkei benchmark index touched a fresh record, leading the positive mood across the region.Nikkei […]

Your weight-loss drugs set to become cheaper

NEW DELHI: The country’s anti-obesity market is headed for a pricing shake-up, with a clutch of pharma companies readying plans to launch affordable versions of the blockbuster weight-loss medicines Wegovy and Ozempic. This follows the expiry of the patent of semaglutide, the key ingredient in these injectable medications, on March 20, clearing the entry of […]

Accelerating growth, India on upward trajectory: RBI

MUMBAI: Growth has accelerated in recent years and the Indian economy is assured of a continuously improving economic trajectory, deputy governor Poonam Gupta said.Delivering the 14th Foundation Day Lecture at the Centre for Development Studies, Gupta said India’s expansion has become more durable and predictable. “High, stable and accelerating growth, and more predictable economic outcomes […]

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