March 30, 2026

GDP

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IBM Stock Crash, Anthropic’s Claude Code and the ‘Ghost GDP’ AI Doom Loop: Why a 2028 Intelligence Crisis Is Unlikely |

contact@dailyupdatesindia.com08 mins

Markets were rattled after a report projected a 2028 worldwide intelligence crisis, claiming AI would decimate professional roles and spark economic freefall, leading to a steep drop in IBM’s share price. Yet many specialists dispute this doomsday timeline, arguing that AI’s impact will unfold more gradually, with outcomes depending significantly on how policymakers manage labor,…

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New data series: Real GDP growth data calculation methodology overhauled to improve accuracy – here’s what changes

contact@dailyupdatesindia.com03 mins

Real GDP in India is calculated by adjusting nominal growth figures for inflation through the use of price indices. (AI image) India is set to release its first set of GDP or Gross Domestic Product data on the basis of a new series that may also address recent criticism from economists. The government is revamping…

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US GDP growth slows to 1.4% in Q4, misses estimates; Donald Trump blames government shutdown

contact@dailyupdatesindia.com01 mins

US economic growth slowed more than expected in the final quarter of 2025, official data showed on Friday, marking a softer end to the first year of Donald Trump’s return to the presidency.The world’s largest economy expanded at an annualised rate of 1.4 per cent in the October–December period, according to estimates released by the…

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India’s climate spending rises to 5.6% of GDP, Nirmala Sitharaman says at Munich

contact@dailyupdatesindia.com03 mins

File photo: Union finance minister Nirmala Sitharaman India has sharply increased its spending on climate action over the past six years, with allocations rising from around 3.7 per cent of GDP to nearly 5.6 per cent, Union finance minister Nirmala Sitharaman said on Saturday.Speaking at the ‘Degrees of Instability: Climate Security in a Warming World’…

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Saudi Arabia’s oil giant Saudi Aramco crosses 70% localisation milestone, $280 billion boost to GDP: Global firms rush in as iktva creates over 200,000 jobs

contact@dailyupdatesindia.com05 mins

Saudi Aramco Achieves 70% Local Content Milestone in Supply Chain, Boosting Saudi Vision 2030 Saudi Aramco, the world’s largest integrated energy and chemicals company, has announced a major breakthrough in its In-Kingdom Total Value Add (iktva) programme by achieving a 70% local content benchmark in its supply chain, a milestone that underscores the Kingdom’s push…

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Higher than India’s GDP: Value of household gold at record high of over $5 trillion – why even RBI is buying the yellow metal

contact@dailyupdatesindia.com07 mins

The value of gold with Indian households has seen a big jump due to the rally in gold prices which has beaten all analyst expectations. (AI image) Did you know that the value of household gold with Indians is more than the size of India’s GDP? With gold prices skyrocketing in recent years, the value…

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GDP growth at 6.4%! India will continue as fastest G-20 economy; banking sector to remain resilient in FY27

contact@dailyupdatesindia.com03 mins

India is on track to continue as the fastest-growing economy among G-20 nations in the upcoming financial year. The country’s real GDP expected to expand by 6.4% in fiscal 2026-27, according to a recent report by Moody’s Ratings. The brokerage also predicted that over the next 12-18 months, banking sector will remain stable, thaks to…

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RBI monetary policy: Repo rate kept at 5.25% – what’s the GDP, inflation outlook & what does status quo mean for your EMIs, fixed deposits?

contact@dailyupdatesindia.com05 mins

The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) on Friday kept the repo rate unchanged at 5.25% in line with expectations from market analysts and economists. The decision to hold the repo rate was driven by resilient GDP growth and benign inflation, amid global headwinds.“After a detailed assessment of the evolving macroeconomic conditions…

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Elon Musk makes a bold claim: “Balance of power is changing”; could India soon surpass the US in GDP growth |

contact@dailyupdatesindia.com03 mins

Elon Musk makes a bold claim: “Balance of power is changing”; could India soon surpass the US in GDP growth Elon Musk reposted a chart on X with the caption “The balance of power is changing.” There was no further explanation. The chart itself had already been circulating. It came from World of Statistics and…

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