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BusinessPhoto: Amar Business

CEA Anant Nageswaran Warns of Five Major AI Risks to Economy

India's Chief Economic Advisor V. Anant Nageswaran has issued a financial warning amid global excitement about artificial intelligence (AI). He stated that if current high expectations for AI prove wrong, the financial burden will fall on finance ministries, central banks, and households. Even if AI meets expectations, these entities will still bear some costs. He identified five key risks, including the adverse impact on jobs, especially entry-level positions, with companies cutting junior staff hiring. A study of 41 countries showed a significant decline in junior workforce shares in 23 countries.

Amar Business·

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PoliticsPhoto: Aaj Tak

Kolkata Durga Puja Stampede: CM Shuvendu Visits Hospital, Mamata Expresses Grief

A stampede-like situation occurred on Saptami evening at Chorbagan Puja Pandal in Kolkata due to heavy rain and crowding. Several people are feared dead, and around 40 are reported injured. The injured were taken to Calcutta Medical College Hospital. Chief Minister Shuvendu Adhikari visited the hospital, and Mamata Banerjee expressed her condolences.

Aaj Tak··Kolkata

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SportsPhoto: News18Hi Sports

Rain Ends India vs West Indies 5th T20 Early in Bengaluru

The 5th and final T20 match between India and West Indies at M. Chinnaswamy Stadium in Bengaluru was called off due to heavy rain. The match was reduced to 9 overs instead of 20 after a 2.5-hour delay. India scored 118 for 5 in 7.4 overs, with Ishan Kishan scoring 30 and Naman Dhir unbeaten on 24. The series ended without a result.

News18Hi Sports··Bengaluru

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PoliticsPhoto: The Hindu

KWA Administrative Fee on Water Tankers Affects Supply

The Kerala Water Authority's administrative fee on water tankers, combined with water charges, is increasing costs for tanker operators. Panampilly Nagar councillor Antony Painuthara says this rise is negatively impacting drinking water supply via tankers. Health standing committee chairperson Seena Gokulan has demanded that these charges be rolled back to ease the burden and improve water availability.

The Hindu··Kochi

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PoliticsPhoto: ABP Live Hindi

Sanjay Nirupam Claims Abhijeet Deepak's Tricolor March Was a Pretext

Sanjay Nirupam of Shiv Sena's Eknath Shinde faction alleged that the tricolor march announced by Abhijeet Deepak, founder of Cockroach Janata Party, on October 16 at Delhi's Connaught Place was merely a pretext to create chaos and disrupt law and order. Nirupam stated Deepak had pledged in court not to disturb peace but intended to incite unrest under the guise of the tricolor march, prompting police action.

ABP Live Hindi··Delhi

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SportsPhoto: Hindu Sport

Williams and Perovic Lead Bengaluru FC to 2-0 Win Over Chennaiyin FC

Ryan Williams and Mihailo Perovic scored for Bengaluru FC in their 2-0 victory against Chennaiyin FC at Sree Kanteerava Stadium. This was Bengaluru's second consecutive win in the Indian Super League, earning six points from two matches. Chennaiyin FC remains winless with one point from two games. Williams scored first from a rebound in the 24th minute, and Perovic doubled the lead early in the second half.

Hindu Sport··Bengaluru

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