Gita Gopinath warns of correction in AI boom

IANS | November 8, 2026 7:36 PM

New Delhi, Nov 8 (IANS) Former International Monetary Fund (IMF) chief economist Gita Gopinath has warned that the global artificial intelligence (AI) investment boom is approaching a potential valuation correction as companies may struggle amid fierce competition to recover the massive funds that are being poured into the technology.

Gold sales during Dhanteras, Lakshmi Puja may cross Rs 62,000 crore

IANS | November 8, 2026 7:02 PM

Mumbai, Nov 8 (IANS) Gold sales across India during Dhanteras and Lakshmi Puja are estimated to cross Rs 62,000 crore, reflecting strong consumer demand despite elevated gold prices, according to the All India Gem and Jewellery Domestic Council (GJC) on Sunday.

Bangladesh’s garment workers suffering due to ban on Awami League: Report

IANS | November 8, 2026 6:15 PM

Dhaka, Nov 8 (IANS) The ban on Awami League in Bangladesh has left the future of the country's garment workers into the dark, as the latter's protests against rising inflation is being linked to the banned political outfit in Dhaka, resulting in their police detentions, according to a media report.

Bangladesh's trade deficit jumps up by 31 per cent

IANS | November 8, 2026 5:39 PM

New Delhi, Nov 8 (IANS) Bangladesh's trade deficit jumped up 31 per cent year-on-year to $7.48 billion in July-September of the current financial year as the country’s fuel import bill more than doubled as oil prices soared due to the West Asia conflict, according to the latest data released by the Bangladesh Bank.