India’s Adani Group, owned by Ahmedabad-based business tycoon Gautam Adani, is to develop a 1,000 MW wind power project in Mannar in Sri Lanka, valued at over $ 1 billion
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.
More on AI, Tech and Innovation
Pakistan receives $3 bn bailout from Saudi Arabia
The State Bank of Pakistan has received a much-awaited $3 billion deposit from the Saudi Fund for Development
Maldives seeks long term loans from Bangladesh, as Dhaka's economic profile rises steadily
The Maldives has sought a long-term loan from Bangladesh, as the two South Asian countries try to enhance bilateral ties, with a flurry of high-level visits taking place in the last few weeks, ahead of the upcoming visit by Bangladesh Prime Minister Sheikh Hasina later this month
Afghanistan's GDP likely to shrink by 20%; Taliban says women's participation in workforce will be expanded after UNDP censure
The value of Afghanistan's Gross Domestic Product (GDP) is forecast to likely contract further by several billions, as per a UN body report
Bangladesh's exports jump 31 percent; remittances down by 25 percent in November
Bangladesh saw growth of almost 31 percent in its exports, touching $4 billion in November while remittances fell by almost 25 percent—1.55 billion, down by almost $52 million—in comparison to the same period last year
Samsung starts producing mobile phones in Pakistan
Samsung, the South Korean electronics and white goods major, has started production in Pakistan, lifting hopes of the authorities and the industry that this would cut down the import bill of the country in the months to come, local media said
Pakistan imports hit $8.01 billion in November; records all-time high trade deficit $5.1 billion
Pakistans recorded a whopping $5.1 billion trade deficit in November—the highest for a single month—as imports continued their surge, touching around $8 billion, an increase of about 94 percent in comparison to the same month last year
Sri Lanka in talks with Elon Musk’s SpaceX over internet service
Sri Lanka is in talks with US billionaire Elon Musk’s rocket company SpaceX over its satellite internet division Starlink, the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) announced
US-based digital transformation firm set to expand presence in India; more IT recruitments from India expected from global firms
A California-based digital transformation solutions company has announced the expansion of the workforce at its Bengaluru center to over 6000 employees
Under Taliban, Afghan economy has all but collapsed, thousands of businesses shut down; middle class has vanished
In August this year, the Taliban seized power in Afghanistan, ignoring the warning from the international community against the forceful seizure of power
Parag Agarwal joins array of Indian-origin tech leaders in the US corporate world
Twitter has appointed Indian American Parag Aggarwal, who has pledged to “reshape the future of public conversation,” as its CEO succeeding Jack Dorsey, the embattled social media company announced on Monday
Indian IT major HCL opens new office for 4000 employees in Colombo
Indian IT major HCL Technologies (HCL) opened a grand new office in the Sri Lankan capital at the state-of-the-art Cinnamon Life complex
Boost for Indian exports: US dropping punitive tariff after deal on digital services tax
With the two countries reaching an "overall political agreement", the US has decided to drop the proposed 25 per cent additional duties on more than 25 Indian exports ranging from shrimps and basmati rice to gold jewellery and furniture following a settlement of the dispute over the Digital Services Tax (DST) imposed by New Delhi on some giant American companies
Record sale of bikes in Pakistan as rural areas thriving, claims minister, blaming inflation, not poverty, for citizens' affordability problems
Pakistan's rural areas are "thriving" due to bumper crops leading to "record sales of motorcycles", said Shaukat Tarin, Advisor to Prime Minister on Finance and Revenue, citing World Bank's latest data showing a drop in Pakistan's poverty level by 1 per cent
Pakistan, Russia to close deal on Pakistan Stream Gas Pipeline
Islamabad and Moscow have agreed on a draft of the shareholders' agreement for construction of the Pakistan Stream Gas Pipeline project and are set to sign the accord by February 15, 2022, the Pakistani Embassy in Moscow said on Friday
