Tag: Trade
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US Joins India’s Economic Success Story: Official
The Biden Administration has shown its eagerness to join India's economic miracle - a journey towards becoming a trillion-dollar economy in the next 10 years and a developed nation by 2047. This opens the gates for increased bilateral trade between the two countries and larger investments in the revolutionary technologies like space exploration, AI and quantum computing. Aiming to reach a USD 500 billion trade in bilateral relations, the two countries have already achieved a record high of USD 192 billion in 2022. India has also set its foreign direct investment (FDI) record with an inflow of USD 81.72 billion in 2020-21; the US being the 2nd highest FDI provider to India with USD 13.82 billion. Numerous dialogues like India-US Commercial Dialogue and India-US Economic and Financial Partnership Dialogues have enabled India to become a part of the inclusive, flexible & growing Indo-Pacific Economic Forum.
UAE and South Africa Discuss Trade and Investment Prospects
Discover the potential opportunities for trade and investment between the United Arab Emirates and South Africa. Learn how the UAE delegation is promoting growth by exploring joint ventures, stimulating export-import activities, funding projects and fostering climate-change solutions. Come discover the beneficial relationship between these two countries!
India as Essential Partner in Indo-Pacific: Trade and Investment Focus Areas for South Korea and India Bilateral Relations
As India and South Korea celebrate their 50th year of diplomatic ties, Foreign Minister Park Jin and ANI discuss ways of deepening the relationship in sectors like Artificial Intelligence, Big Data, Space Exploration, Manufacturing and more. Both countries look forward to a stronger Cultural Exchange to understand each other better. South Korea and India are committed to working together for a prosperous Indo-Pacific region.
Impact of AI on Different Jobs – Legal and Finance at Risk, Construction and Trade Remain Unaffected
This article explores the current advances in AI technology and its effect on the labor market, suggesting that jobs in legal, white-collar, and education sectors are at risk. OpenAI's ChatGPT, as well as studies by Goldman Sachs and Princeton University, University of Pennsylvania, and New York University, have given us insight into the effects of AI and automation on job roles.