Middle East war fallout: IMF chief warns of ‘unavoidable pain’, urges central banks to curb inflation

IMF chief Kristalina Georgieva on Thursday urged central banks to prioritise tackling inflation even at the cost of growth, warning that the global fallout of the US-Israel war on Iran will inevitably bring economic “pain”, PTI reported.“A word of caution upfront: this being a classic negative supply shock, demand adjustment is unavoidable. We cannot go…

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Sundar Pichai : Google CEO Sundar Pichai has a message for all American technology companies: Take the lead and … |

Google CEO Sundar Pichai has called on America technology companies to take the lead in global artificial intelligence development, framing AI as the defining technology of the era and urging the US to develop it “boldly and responsibly so every American benefits.” In a recent CBS 60 Minutes interview, Pichai described AI as “the most…

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Centre grants full customs duty exemption on critical petrochemical products amid Middle East crisis: Check list

As energy supply disruptions due to the ongoing Middle East conflict stretch into a second month, the government has moved to cushion the impact on domestic industries by granting a full customs duty exemption on select critical petrochemical products, providing much-needed short-term relief. The decision, which will be applicable until June 30, will address supply…

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DGCA temporarily eases pilot duty norms for long-haul flights, says official

Aviation regulator, Directorate General of Civil Aviation (DGCA), has temporarily eased pilot flight duty time limitation (FDTL) norms for long-haul operations, a senior official said on Tuesday.The move is intended to ensure adequate pilot availability and maintain smooth flight operations, Joint Secretary in the Ministry of Civil Aviation, Asangba Chuba Ao, said during a media…

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