[ad_1] The International Monetary Fund (IMF) has imposed tough conditions on Pakistan for disbursing instalments of the $7 billion loan that Islamabad negotiated with it under its Extended Fund Facility (EFF). Such IMF credit comes not so much with avuncular indulgence as with tough conditionalities meant to stabilize macro-economic variables. The IMF is also giving…
[ad_1] Though Indian stock market indices have a record of falling in response to armed conflicts, the latest strike by India on targets in Pakistan did not bother investors on Wednesday. The Sensex edged lower at first, but quickly recovered to end 0.13% higher. It offered a sharp contrast with Pakistan’s market, whose primary index…
[ad_1] At the World Bank, he installed David Malpass but otherwise left the institution untouched. He kept David Lipton, an advisor to Democrats, in place as the IMF’s number two official, an appointment that is traditionally the prerogative of US presidents. Also Read: Data at threat: The Trump administration’s war on statistics won’t end we…
[ad_1] These data-sets managed to generate the usual commentary, controversy and divided opinions about the state of India’s economic well-being, despite a newly elected president halfway across the world stealing some of the thunder. It might be time, though, to start talking about whether it is proper to lavish so much undivided attention on these…
[ad_1] High-school physics textbooks tell us that the gravitational pull between two objects is determined by three factors—the weight of the two objects, the distance between them and a universal gravitational constant. The gravitational force is directly proportional to the mass of each object, while it is inversely proportional to the distance between them. This…
[ad_1] Today anyone in the world with above-average computer skills can hope to deploy open-source AI models that are close to the state of the art. This means that the shift in value creation from AI development to diffusion will take place far earlier than anticipated. The winners in the age of AI will not…
[ad_1] On one hand, there is optimism that AI will improve the world in ways that human intelligence has not been able to. On the other is the fear that we don’t know how this artificial (or non-human) intelligence will change the world. Also Read: Jaspreet Bindra: The ethics of AI will matter more than…
[ad_1] With a new RBI governor at the helm, the MPC will consider the latest information on consumer price index (CPI)-based inflation and GDP growth available since the last meeting. Average headline CPI inflation in the third quarter of 2024-25 at 5.6% was well above the target, though in line with RBI’s baseline estimate. The…
[ad_1] In India, health insurance remains optional and the healthcare system is divided into public and private sector, with free healthcare services available only at government facilities under the public sector. Industry estimates reveal that the health insurance market is significantly underpenetrated, with nearly 40 million people lacking any health cover. Lack of awareness, affordability…
[ad_1] International Monetary Fund (IMF) deputy managing director Gita Gopinath recently observed that increasing workplace safety is an important factor in raising women’s participation in the labour force and the workforce (the former makes up for a broader cohort, of those looking for work, in addition to those who are at work and comprise the…
