RBI Repo Rate Hike: Should You Pay More EMI Or Extend Home Loan Tenure?

More in Finance

• Japan PM says won't rule out debt issuance to fund tax cut

  Japanese Prime Minister Sanae Takaichi has ruled out the possibility of issuing bonds to fund a two-year cut to Japan's consumption tax, stating that the government will seek to control the size of annual bond issuance. The prime minister emphasized that the government will appropriately manage spending and expenditure to reduce the debt ratio to GDP while seeking to stabilize the country's financial situation. Additionally, Takaichi highlighted the potential for the government to raise proceeds through bond issua…

  1 min read
• AI's ability to forecast extreme weather faces a major test in the coming months amid a historic El Niño, as some scientists question the technology's accuracy (Financial Times)

  The ability of artificial intelligence to forecast extreme weather is facing a significant test in the coming months due to a historic El Niño event. This raises concerns about the reliability of AI in predicting severe weather conditions, which could have far-reaching implications for public safety and infrastructure planning.

  1 min read
• Survey of 94 economists: 54% expect AI's gains to spread across the G20 over the next decade, not just the US and China; 32 see African countries falling behind (Financial Times)

  ### Briefing A survey of 94 economists predicts that artificial intelligence (AI) will have a significant impact across the G20 nations over the next decade, not just the United States and China. Fifty-four percent of the economists expect AI's benefits to reach the G20 countries, including the European Union, India, and Brazil, among others. However, a third of the economists, 32 percent, see African countries falling behind in AI development, indicating a potential widening of the global technological gap.

  1 min read