RRVL, the retail arm of Indian billionaire Mukesh Ambani, has acquired a 100% stake in the Sri Lankan brand amanté from MAS Holdings
AI: Aid to the Mind, Not a Substitute for the Mind
The frightening possibility is not that AI becomes more capable than humans. It is that humans stop exercising capabilities they already possess, or have not yet developed, because AI can perform those functions for them.
Months Ahead of the Monsoon: Can AI Give Us an Earlier Warning About El Niño?
AI may genuinely extend the horizon over which seasonal climate risk can be estimated. For communities across South Asia living under the influence of the monsoon, a longer view could mean the difference between a farmer adjusting her planting in time and a family receiving a flood warning too late to act.
AI at the Crossroads: Who Is Driving Humanity?
The central danger is, therefore, not simply that AI will be monstrous if the accelerator is pressed hard on the speed of technology. It is that the accelerator on human institutions also needs to be pressed harder to govern increasingly powerful technology.
America Has the Brain, China Has the Body: The Next US–China Tech War Will Determine Who Wins the Race for Global Dominance
The fear of Chinese robots being the Trojan horse that can affect American and Western tech dominance and undermine cyber and military advantage will always be a strategic concern, despite attempts to view these fears as overblown.
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Nepal allows the import of GM crops
Nepal has allowed the import of a few genetically modified crops, partially relaxing the complete ban put eight years ago, amid intense lobbying from the country’s poultry industry
India-US defence expo focuses on emerging domains, including space and artificial intelligence
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Higher GDP growth to hurt Pakistan's economy, says PM adviser
Gross domestic product growth of over six percent would hurt Pakistan’s economy, said Shaukat Tareen, a special adviser on finance to Pakistan’s Prime Minister Imran Khan
India comes to Nepal’s rescue, allows it to sell surplus power in Indian Energy Exchange
In what comes as a big relief to Nepal, India has permitted Nepal to sell its surplus electricity in the Indian Energy Exchange marketplace, a move that would help Nepal to avoid huge power wastage
Pakistan's exports record 17% growth in October amid yawning trade deficit
In what is the highest increase for a month, Pakistan’s exports in October registered a growth of 17 percent, touching $2.471 billion against $2.104 billion in the same month last year
Bangladesh looks for Russian investment in railway sector
Bangladesh is seeking Russian investment to develop the country’s railway infrastructure, said Railway Minister Nurul Islam Sujan amid a push for railway modernization in his country
India, Italy to collaborate on green hydrogen, renewable energy corridors
India and Italy have agreed to explore the development of green hydrogen, setting up renewable energy corridors, and joint projects in the natural gas sector as the two nations sought to strengthen partnership in energy transition
Power-surplus Nepal asks consumers to use more electricity to avoid wastage
It wasn’t long ago when Nepal used to be on the list of the countries with the highest power outages
Moody’s downgrades Sri Lanka’s sovereign rating; Central Bank calls it 'untimely'
Moody’s Investors Service has downgraded Sri Lanka’s sovereign rating, taking the country’s credit deeper into speculative-grade as foreign reserves continued to fall amid money printing and crippled forex markets
Crisis-hit Sri Lanka's budget expected to be one of the 'trickiest' in history
In an indication that Sri Lanka’s financial woes are far from over, a senior economist has said the country’s 2022 budget will not be able to provide relief to the public given the shaky nature of the budgetary management and lack of sources to finance it
Saudi Arabia announces USD 4.2 bn bailout for cash-strapped Pakistan
Saudi Arabia has agreed to revive its financial support to Pakistan, including about USD 3 billion in safe deposits and USD 1.2bn to USD 1.5bn worth of oil supplies on deferred payments, officials said
Maldives calls on international experts to promote its blue economy
The Maldives has a great scope for collaborating with international experts to promote its blue economy, President Ibrahim Mohammed Solih said on Tuesday as the country looks to promote other sectors to reduce its dependence on tourism
India’s Adani group considering investment in Sri Lanka’s renewable energy sector
India's Adani Group, which has recently been awarded the contract to develop and run Sri Lanka’s strategic Western Container Terminal of Colombo Port, is also exploring the possibility of investing in the country’s renewable energy and wind sector
Pakistan’s economic recovery to be hit by continued FATF grey listing
The Financial Action Task Force, a Paris-based global anti-terror watchdog, has retained Pakistan on its Grey List, also known as the Enhanced Monitoring List, and asked the country to do more "to investigate and prosecute" senior leaders and commanders from the UN-designated terror groups
