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India considering spending additional $26 billion to fight inflation

India considering spending additional $26 billion to fight inflation

by AIP Online Bureau | May 22, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

India’s retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high, posing a major headache for Prime Minister Narendra Modi’s government ahead of elections to several state assemblies this year The...

India needs strong cyber security norms to curb misuse of VPNs

by AIP Online Bureau | May 22, 2022 | Eco/Invest/Demography, Indian News, Risk Management, Technology

As per the new policy, any service provider, intermediary, data centre, body corporate and government organisation will mandatorily report cyber incidents within six hours. As per CERT-In, there are various types of other offences like data breach, data leak, spread...

Indian, Chinese companies take lead in use of artificial intelligence: IBM

by AIP Online Bureau | May 20, 2022 | Eco/Invest/Demography, Facts, Technology

”Chinese and Indian companies are leading the way, with nearly 60 per cent of IT professionals in those countries saying their organisations already actively use AI, compared with lagging markets like South Korea (22 per cent), Australia (24 per cent) the US (25...

‘India should envision assistive technology being integrated within health, social care systems’

by AIP Online Bureau | May 19, 2022 | Eco/Invest/Demography, Health, Indian News, Technology

The report notes that the number of people in need of one or more assistive products is likely to rise to 3.5 billion (350 crore) by 2050, due to populations ageing and the prevalence of noncommunicable diseases rising across the world New Delhi; India should reflect...

S&P cuts FY23 India growth forecast to 7.3% on inflation, Russian-Ukraine war

by AIP Online Bureau | May 18, 2022 | Eco/Invest/Demography, Indian News

“The risks to our forecasts have picked up since our last forecast round and remain firmly on the downside. The Russia-Ukraine conflict is more likely to drag on and escalate than end earlier and deescalate, in our view, pushing the risks to the downside,”...
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