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Latest News

RBI leaves rates unchanged, sees GDP growth at 7% in 2024-25

February 8, 2024
Finance

MUMBAI, Feb 8 (Reuters) – India’s key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as inflation remained above the RBI (Reserve Bank of India) 4% medium-term target while economic growth continued to be resilient. The six-member monetary policy committee, consisting of three RBI and three external members, left the key repo rate, opens new tab unchanged at 6.50% after having raised it by 250 basis points between May 2022 and February 2023. The committee said it would remain focused on ‘withdrawal of accommodation’, suggesting the central bank intends to keep monetary policy

How Generative AI is transforming Indonesia’s election – But at what cost?

February 8, 2024
General
How Generative AI is transforming Indonesia's election - But at what cost

Jakarta, Feb 08 (Reuters): Fika Juliana Putri, a 19-year-old shopkeeper in East Jakarta, plans to vote in Indonesia’s presidential election next week for a once-feared former special forces commander. She likes him, she says, because he’s cuddly. A doe-eyed cartoon version of Gen. Prabowo Subianto – produced using generative AI – is emblazoned on billboards across Indonesia. It’s reproduced on sweatshirts and stickers, and featured prominently on #Prabowo-tagged posts that have some 19 billion views on TikTok. Prabowo is Indonesia’s defence minister. But on social media, his chubby-cheeked AI avatar makes Korean-style finger hearts and cradles his beloved cat, Bobby,

Mobile phone services suspended across Pakistan as voting begins

February 8, 2024
General
Police officers stand guard outside a polling station in Gulbahar area in Peshawar, Pakistan, February 8, 2024. REUTERS/Fayaz Aziz

Islamabad, Feb 8 (Reuters): Pakistan temporarily suspended mobile phone services on Thursday to strengthen security as voting began in the country’s national election, the interior ministry said. The government’s decision comes amidst a rise in militant attacks in the run-up to the election and a day after jailed former Prime Minister Imran Khan urged his supporters to wait outside polling booths after voting until results are announced. “As a result of the recent incidents of terrorism in the country precious lives have been lost, security measures are essential to maintain the law and order situation and deal with possible threats,

Explainer: What is the two-state solution to the Israeli-Palestinian conflict?

February 7, 2024
General
The Oslo Accords

In recent weeks, Israeli Prime Minister Benjamin Netanyahu has repeated his rejections of a two-state solution to the Israeli-Palestinian crisis, saying: While Netanyahu has never been in favour of a two-state solution, it has had significant support from governments around the world for decades, including the United States, the United Kingdom, European nations, Australia, Canada, Egypt and others. However, the two-state solution is now further away than it has ever been, with some even proclaiming it “dead”. What is the two-state solution? The two-state solution refers to a plan to create a Palestinian state separate from the state of Israel.

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