In the early months of 2025, U.S. consumer spending on air travel, hotels, and restaurants saw a notable decline, signaling a shift in spending habits amid economic uncertainty. According to data from Bloomberg Second Measure, U.S. consumer spending on air travel dropped by 10% in February 2025, while spending on hotels decreased by 6%, compared to the same time last year. In addition, restaurant spending saw a 3.5% decrease, further highlighting

Google is set to collaborate with Taiwan's MediaTek to develop the next generation of its Tensor Processing Units (TPUs), which are expected to launch next year. This strategic move signifies a shift in Google’s approach to AI chip development, although the tech giant will continue working with its current chip partner, Broadcom. According to a report by The Information, Google’s partnership with MediaTek is largely driven by cost efficiency and MediaTek’s stron

Here’s a detailed, point-wise breakdown of the key benefits of incorporating probiotics into your child's diet:   1. Improves Digestive Health Probiotics play a crucial role in maintaining a healthy gut microbiome, ensuring proper digestion and nutrient absorption. They: Help balance gut bacteria, reducing the risk of digestive issues. Aid in breaking down food efficiently, improving overall digestion.

The latest round of tariff hikes by US President Donald Trump has triggered immediate countermeasures from Canada, China, and Mexico, escalating tensions in global trade. Beginning Tuesday, the US is imposing a 25% tariff on imports from Mexico and Canada while also raising tariffs on all Chinese imports from 10% to 20%. In response, these nations have announced their own economic retaliations, signaling a sharp rise in trade disputes.Canadian Prime Minister Justin Trudeau and Chinese officia

Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore

Google co-founder Sergey Brin has advised employees working on the company’s Gemini AI models to follow a 60-hour workweek and attend office daily in a bid to boost productivity and accelerate artificial general intelligence (AGI) development. This move comes as competition in AI innovation intensifies, with industry giants racing to achieve AGI dominance.In an internal memo accessed by The New York Times, Brin outlined his vision for an optimal work schedule, stating that a 60-hour wor

India and the European Union (EU) have set a year-end deadline to finalize a long-awaited free trade agreement (FTA), marking a crucial milestone in their bilateral trade relations. The announcement came after Prime Minister Narendra Modi and European Commission President Ursula von der Leyen met in New Delhi to strengthen India-EU economic and strategic ties.The trade agreement, under negotiation for several years, aims to expand economic cooperation, boost trade, and enhance market access b

The World Bank has advised India to lower import tariffs, ease regulatory restrictions, and simplify trade processes to enhance its global trade competitiveness and attract foreign investment. In a report released on Friday titled the Economic Memorandum on India, the World Bank highlighted that high trade costs caused by import tariffs on intermediate and capital goods, as well as non-tariff barriers, are limiting India's participation in global value chains (GVCs).The report emphasized

The Reserve Bank of India (RBI), in its latest bulletin released on February 19, stated that the tax cuts in the Union Budget 2025, along with moderating inflation, are expected to provide financial relief to the middle class and boost overall household spending. This announcement comes after the February Monetary Policy Committee (MPC) meeting, where the newly appointed RBI Governor, Sanjay Malhotra, emphasized the positive economic impact of the tax relief measur

In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.  

Projected Economic Growth India’s economy is expected to grow between 6.3% to 6.8% in the financial year 2025-26 (FY26). This forecast comes from the Economic Survey 2024-25 presented by Finance Minister Nirmala Sitharaman in Parliament. Economic Fundamentals The survey highlights that the

Union Minister of Information Technology, Ashwini Vaishnaw, revealed that India will soon host the popular DeepSeek AI model, developed by a Chinese startup, on Indian servers to address privacy issues. This move is part of India's broader strategy to bolster its AI capabilities, with Vaishnaw also announcing plans to develop the country's own foundational AI model in the coming months. In addition to this, Vaishnaw highlighted the creation of a common computing facility wit

Extended Economic Slowdown Expected: Maneesh Dangi, the CEO of Mosaic Asset Management, predicts that India's ongoing economic slowdown will last for at least another year and a half, contrary to the more optimistic views of many market participants. He believes the country is in the midst of a cyclical slowdown, which is a recurring phase in the economy. Dangi explains that such slowdowns typically last for five to seven quarters and do not recover without substan

Andhra Pradesh Chief Minister N. Chandrababu Naidu expressed immense optimism for India's future, declaring that the country has entered its golden era of economic growth. Speaking at the World Economic Forum (WEF) in Davos, Switzerland, Naidu highlighted that India's economy is poised for significant growth, predicting it will register the fastest incremental GDP growth from 2028 onwards. He credited Prime Minister Narendra Modi's leadership and emphasized the stability provided

A new report from the World Economic Forum, in collaboration with KPMG, highlights the immense potential of artificial intelligence (AI) to reshape economies and societies. However, the report emphasizes that ensuring the benefits of AI are shared fairly across the globe is a significant challenge. Titled ‘Blueprint for Intelligent Economies,’ the report presents nine strategic objectives designed to guide the development, innovation, and adoption of AI, aimed at creating more inc

US President Donald Trump's economic policies are facing significant challenges, according to market experts like Ramesh Damani and Samir Arora. While Trump has made bold promises, including ramping up US oil production and taking a tough stance on trade with countries like China, the actual implementation of these policies is likely to be constrained by governance realities. Damani pointed out that Trump's ambitious goal of increasing US crude oil production by three millio

A strong foundation in early childhood is key to fostering intellectual growth. Genetics and environmental factors contribute to a child's cognitive development, but there are simple, effective activities and lifestyle changes you can implement to nurture their brains. Here are six tips to help make your child smarter and support their overall development: Try Memory Activities Memory exercises, though they might not directly enhance memory

Chandrababu Naidu, the Chief Minister of Andhra Pradesh, is gearing up for his highly anticipated trip to Switzerland to participate in the prestigious World Economic Forum (WEF) Summit in Davos. This business-focused event is seen as an excellent opportunity to attract significant investments to the state. In a strategic move ahead of his trip, Naidu has successfully poached a key investment body executive from the neighbori

Inspeq AI, a Dublin-headquartered AI-safety startup, has officially launched its operations in India, opening its first office in Bengaluru. This move marks the company’s expansion into the Indian market, with plans to scale its operations by hiring 50 additional employees across engineering, operations, and client-facing roles. The Bengaluru office, which currently has 25 staff members, is Inspeq AI’s third global office, following those in Dublin and London. Founded in

Rail Vikas Nigam Ltd (RVNL) has secured a significant contract worth Rs 3,622 crore from Bharat Sanchar Nigam Ltd (BSNL) for the development of Bharat Net's middle-mile network. The contract, awarded on a design, build, operate, and maintain model, involves the creation, upgradation, and operation and maintenance of the network. The project is set to be completed within three years, with a maintenance period of 10 years. The contract also includes an annual maintenance cost based on a per