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Trump's "Baseline" 10% Tariff Takes Effect, Higher Rates To Come Soon
A 10 percent "baseline" tariff came into place past midnight, hitting most US imports except goods from Mexico and Canada as Trump invoked emergency economic powers to address perceived problems with the country's trade deficits.
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Global Warming Will Make The Average Person 40% Poorer, Study Warns
A new study reveals global heating's economic impact will be far worse than previously expected, predicting a 40% wealth reduction with 4 degree Celsius warming and a 16% reduction in global GDP at 2 degree Celsius.
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4 Degree Celsius Rise In Temperature May Cut Global GDP By 40%: Study
A team of Australian researchers on Tuesday said that 4-degree Celsius rise in global temperatures would cut world GDP by around 40 per cent by 2100 - a sharp increase from previous estimates of around 11 per cent.
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Anti-Gay Law In Kenya Could Cost Country $7.8 Billion Annually: Report
A proposed anti-gay law in Kenya could cost the country up to $7.8 billion per year, a charity said Wednesday in a report on the economic impact of discrimination in East Africa.
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Anthropic’s Economic Index Reveals Software Engineering Is Most Impacted by AI
Anthropic introduced the Anthropic Economic Index on Monday to understand how artificial intelligence (AI) is impacting the labour market and the economy. The initial report of the research reveals that software engineering fields are the most impacted by this new technology. The research found the arts, design, sports, entertainment, and media fie...
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How China's Record Decline In Marriages Is Impacting Its Economic Growth
China's population, the second-largest in the world, is aging rapidly, with roughly 300 million citizens - equivalent to the entire US population expected to enter retirement in the coming decade.
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Increasing Space Debris Risks Aircraft Collisions, Experts Warn
Uncontrolled space debris entering Earth's atmosphere is becoming a growing concern, with rising risks to aircraft safety. A study from the University of British Columbia reveals a 26% chance of debris collisions in high-traffic regions like the Northeastern US and Northern Europe. Recent incidents, such as falling debris from SpaceX’s Starship 7...
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"Can Transform...": At Davos, Andhra Minister Nara Lokesh Talks To NDTV On Impact Of AI On Jobs
Artificial Intelligence, or AI, can "fundamentally transform governance", Andhra Pradesh IT Minister Nara Lokesh told NDTV Wednesday at the World Economic Forum in Switzerland's Davos.
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Explained: Impact Of Budget 2025 On India's Inflation Rate
Finance Minister Nirmala Sitharamans February 1 Budget is expected to address key economic challenges, particularly inflation, a persistent concern for policymakers.
-
Rising Droughts Threaten Agriculture, Energy, and Ecosystems Worldwide
Extreme droughts have become more frequent and severe in recent decades, severely impacting agriculture, energy production, and ecosystems worldwide. Prolonged dry spells have expanded by 50,000 square kilometres each year since 1979, as temperatures rise and precipitation patterns shift. This has led to significant economic losses, particularly in...
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Opinion | Why An Unstable Middle East Is A Risk For India
Any volatility in Middle East will directly impact energy security, food security, economic engagement, maritime connectivity, and the welfare of 10 million Indian expatriates.
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Can We Defend Earth from Asteroids? Here's What You Need to Know
Efforts to protect Earth from asteroid impacts have made significant strides, notably with NASA’s DART mission, which successfully altered the orbit of the asteroid moonlet Dimorphos in 2022. This achievement marked a key advancement in planetary defence, demonstrating that asteroid deflection is a viable strategy. However, the success of DART al...
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China's Richest Man Slams E-Commerce Giants, Government Over Pricing System
Zhong Shanshan, the richest man in China, has lambasted online shopping platforms for triggering price wars that have severely impacted industries amid the country's ongoing economic slump.
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Explained: How The Trump Presidency Will Impact The Global Economy
Donald Trumps victory in the 2024 election and his threat to impose tariffs on all imports to the United States highlights an important problem for the global economy.
-
West Asia Crisis Impacts India's Goal To Be $35 Trillion Economy By 2047: Ex-Envoy
India's goal of becoming a $35 trillion economy by 2047 hinges on regional stability, said Ajay Bisaria, Former High Commissioner of India to Pakistan.
-
Trump's "Baseline" 10% Tariff Takes Effect, Higher Rates To Come Soon
A 10 percent "baseline" tariff came into place past midnight, hitting most US imports except goods from Mexico and Canada as Trump invoked emergency economic powers to address perceived problems with the country's trade deficits.
-
Global Warming Will Make The Average Person 40% Poorer, Study Warns
A new study reveals global heating's economic impact will be far worse than previously expected, predicting a 40% wealth reduction with 4 degree Celsius warming and a 16% reduction in global GDP at 2 degree Celsius.
-
4 Degree Celsius Rise In Temperature May Cut Global GDP By 40%: Study
A team of Australian researchers on Tuesday said that 4-degree Celsius rise in global temperatures would cut world GDP by around 40 per cent by 2100 - a sharp increase from previous estimates of around 11 per cent.
-
Anti-Gay Law In Kenya Could Cost Country $7.8 Billion Annually: Report
A proposed anti-gay law in Kenya could cost the country up to $7.8 billion per year, a charity said Wednesday in a report on the economic impact of discrimination in East Africa.
-
Anthropic’s Economic Index Reveals Software Engineering Is Most Impacted by AI
Anthropic introduced the Anthropic Economic Index on Monday to understand how artificial intelligence (AI) is impacting the labour market and the economy. The initial report of the research reveals that software engineering fields are the most impacted by this new technology. The research found the arts, design, sports, entertainment, and media fie...
-
How China's Record Decline In Marriages Is Impacting Its Economic Growth
China's population, the second-largest in the world, is aging rapidly, with roughly 300 million citizens - equivalent to the entire US population expected to enter retirement in the coming decade.
-
Increasing Space Debris Risks Aircraft Collisions, Experts Warn
Uncontrolled space debris entering Earth's atmosphere is becoming a growing concern, with rising risks to aircraft safety. A study from the University of British Columbia reveals a 26% chance of debris collisions in high-traffic regions like the Northeastern US and Northern Europe. Recent incidents, such as falling debris from SpaceX’s Starship 7...
-
"Can Transform...": At Davos, Andhra Minister Nara Lokesh Talks To NDTV On Impact Of AI On Jobs
Artificial Intelligence, or AI, can "fundamentally transform governance", Andhra Pradesh IT Minister Nara Lokesh told NDTV Wednesday at the World Economic Forum in Switzerland's Davos.
-
Explained: Impact Of Budget 2025 On India's Inflation Rate
Finance Minister Nirmala Sitharamans February 1 Budget is expected to address key economic challenges, particularly inflation, a persistent concern for policymakers.
-
Rising Droughts Threaten Agriculture, Energy, and Ecosystems Worldwide
Extreme droughts have become more frequent and severe in recent decades, severely impacting agriculture, energy production, and ecosystems worldwide. Prolonged dry spells have expanded by 50,000 square kilometres each year since 1979, as temperatures rise and precipitation patterns shift. This has led to significant economic losses, particularly in...
-
Opinion | Why An Unstable Middle East Is A Risk For India
Any volatility in Middle East will directly impact energy security, food security, economic engagement, maritime connectivity, and the welfare of 10 million Indian expatriates.
-
Can We Defend Earth from Asteroids? Here's What You Need to Know
Efforts to protect Earth from asteroid impacts have made significant strides, notably with NASA’s DART mission, which successfully altered the orbit of the asteroid moonlet Dimorphos in 2022. This achievement marked a key advancement in planetary defence, demonstrating that asteroid deflection is a viable strategy. However, the success of DART al...
-
China's Richest Man Slams E-Commerce Giants, Government Over Pricing System
Zhong Shanshan, the richest man in China, has lambasted online shopping platforms for triggering price wars that have severely impacted industries amid the country's ongoing economic slump.
-
Explained: How The Trump Presidency Will Impact The Global Economy
Donald Trumps victory in the 2024 election and his threat to impose tariffs on all imports to the United States highlights an important problem for the global economy.
-
West Asia Crisis Impacts India's Goal To Be $35 Trillion Economy By 2047: Ex-Envoy
India's goal of becoming a $35 trillion economy by 2047 hinges on regional stability, said Ajay Bisaria, Former High Commissioner of India to Pakistan.
