Search result for 'productivity gains'

India's services sector saw a sharp uptick in February, driven by strong domestic and international demand, leading to robust output growth and job creation, according to the HSBC India Services PMI.

India's Economic Survey highlights the risk of disproportionate growth in corporate profits compared to wages, impacting demand and economic stability. It emphasizes the need for a balanced...

AWS announces a USD 8.3 billion investment in cloud infrastructure in Maharashtra by 2030, boosting India's digital economy and creating 81,300 jobs.

Axis Capital report predicts 20-40% productivity gains from GenAI in software development, with savings reinvested in tech innovation.

India's FDI inflows surpass USD 1 trillion, highlighting its attractiveness as a global investment destination. Key sectors include services, software, telecom, and manufacturing.

India's Chief Economic Advisor urges businesses to focus on productivity and R&D instead of relying on a weak currency to boost exports, highlighting China's success through domestic growth.

RBI Bulletin highlights robust private consumption, driven by festive spending, leading to a positive economic outlook for India. Strong agriculture and services sectors also contribute to growth.

India is at the forefront of the digital revolution, with financial technology driving digital payments and the digital economy poised to make up a fifth of GDP by 2026, says RBI Deputy Governor...

Nasscom chairperson Sindhu Gangadharan highlights India's dominance in AI talent and skills, calling it the 'best time to be in India' for tech professionals. She also discusses the impact of AI on...

RBI Governor Shaktikanta Das highlights India's robust economic growth driven by domestic consumption and investment, with inflation moderating and financial stability maintained.

India's services sector activity surged to a 5-month high in August, driven by strong new work orders and positive economic outlook. The HSBC India Services Business Activity Index rose to 60.9,...

Finance Minister Nirmala Sitharaman announced changes to the Insolvency and Bankruptcy Code (IBC), including tribunal strengthening and a digital platform for improved outcomes.

The Reserve Bank of India's Annual Report highlights that MSPs for kharif and rabi crops in 2023-24 ensured a minimum return of 50% over the cost of production, with increases ranging from...

Red Hat CEO Matt Hicks highlights India's strong enterprise base and innovation capabilities as key drivers for the company's growth. He also discusses the impact of AI on tech jobs and wages.

Tech Mahindra outlines a three-year road map to boost business, improve margins, and achieve higher growth than peers by FY27. The plan focuses on AI, cost savings, and talent management.

IMF chief Kristalina Georgieva expresses concerns about global economic outlook, citing inflation, rising government debt and weak productivity. She urges countries to build fiscal resilience.

Nasscom chairman warns of AI's impact on BPO jobs, highlighting the risk of automation. Generative AI is seen as a productivity enhancer, particularly affecting white-collar professions. Learn...

Greek PM Mitsotakis highlights the commonality of farmer protests in India and Greece, emphasizing the need for agricultural productivity.

India's services sector saw a six-month high in January, driven by new business growth and strong export sales. The HSBC India Services PMI reached 61.8, indicating robust expansion.

OpenAI CEO Sam Altman says AI won't replace human care, comparing it to chess where AI's dominance didn't kill the game. He emphasizes human connection and AI's role in enhancing human capabilities.

A new report reveals that most companies globally are planning to increase their investment in technology, especially in Artificial Intelligence (AI) and Generative AI (GenAI) in 2024.

Rockwell Automation sees a dramatic shift in manufacturing priorities, with sustainability now a core concern. Learn how companies are balancing productivity with environmental responsibility and...

AWS CEO Adam Selipsky emphasizes responsible AI at AWS re:Invent 2023, highlighting the need to mitigate risks while unlocking GenAI's potential. He also announced new AI-powered tools and...

Asian markets rose following Wall Street gains on hopes that the Federal Reserve will soon end its interest rate hikes. The Hang Seng and Shanghai Composite led the gains.