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The Latest Breaking News from CEA

Pension savings can help fund infrastructure, support Viksit Bharat: CEA

India's burgeoning pension savings hold immense potential to fund infrastructure and propel the 'Viksit Bharat' vision, while ensuring stable returns for subscribers, according to Chief Economic Adviser V. Anantha Nageswaran. He emphasized that pension funds' long-term nature aligns perfectly with development projects. Nageswaran cautioned against excessive gold investments and the…

The Economic Times

India sets transmission project deadlines to speed up renewable energy expansion

India has introduced standardized timelines for power transmission projects to accelerate renewable energy integration. The Central Electricity Authority's new guidelines aim to synchronize grid expansion with generation and distribution, reducing delays that hinder new power capacity. These measures are crucial as transmission expansion struggles to match the rapid growth of…

The Economic Times

Question is affordability, whether other expenditure can benefit people more than freebies: CEA Nageswaran pitches for focused welfare interventions

Nageswaran said the issue should be looked at sensibly rather than on an emotional plane and the question that needs to be asked is if it is helping people or it could have been done differently.

The Economic Times

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AI can be more disruptive as it targets both cognitive and skill-based jobs: CEA Nageswaran

AI's impact on jobs is broader than past tech shifts, affecting both cognitive and skill-based roles, according to chief economic adviser V Anantha Nageswaran. He cautioned that current fears are overblown, driven by hype rather than evidence. While some routine tasks may be impacted, history suggests job transformation, not mass…

The Economic Times

CEA Anantha Nageswaran says AI stock valuations definitely in a bubble

India's Chief Economic Advisor V Anantha Nageswaran warns that artificial intelligence stock valuations are a bubble. He believes the narrative around AI's productivity gains and impact on jobs is exaggerated. Global investors have poured billions into AI-linked companies, driving record valuations for firms like Nvidia. Concerns are rising about a…

The Economic Times

India risks becoming "unhealthier before it becomes richer," CEA V Anantha Nageswaran warns

India faces a health challenge before achieving wealth. Chief Economic Advisor V Anantha Nageswaran points to rising obesity and sedentary lifestyles. This impacts productivity and economic growth. He urges individuals to incorporate physical activity into daily routines. Improved health outcomes are seen as hidden growth potential for Viksit Bharat. This…

The Economic Times

CEA defends India's GDP data, says country does not use methodology changes to inflate growth numbers

Nageswaran responded to concerns raised by some economists over India's GDP estimates, stressing that GDP measurement is an estimate in every country and that India follows internationally accepted statistical practices.

The Economic Times

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The Federal Government Once Tried To Restrict Prediction Markets. Now It's Suing States To Save Them.

In a bid to “reaffirm its exclusive jurisdiction” over prediction markets such as Kalshi, the Commodity Futures Trading Commission is suing six states for interfering in federally regulated financial markets.

Reason

‘Trump Accounts’ can earn your kid $270,000 by age 18. Here’s how the numbers break down

Trump described Trump Accounts as a “tax-free” savings account. But experts note that’s not the full picture.

Fortune

Dumping State Income Taxes Could Mean High Sales Taxes—or an Opportunity for Smaller Government

A new report warns that some plans for replacing income tax revenue rely on unrealistic assumptions.

Reason

The Economic Survey has a new enemy: The RTI Act

In the recent Economic Survey, a document meant to discuss the state of the economy, the Chief Economic Advisor (CEA) has decided to hold forth on the need to amend the Right to Information Act, 2005.

Newslaundry

Who is Kevin Hassett? The rumored Fed pick says inflation is ‘way down,’ sees ‘political bias’ in jobs data, and suggested firing Powell over a renovation

“If you’d asked me a year ago, I would have said I think Kevin would be a good pick. I wouldn’t say that today. Kevin has been incredibly dishonest.”

Fortune

AMD and Eviden unveil Europe's second exascale system — EPYC 'Venice' and Instinct MI430X powered system breaks the ExaFLOP barrier

AMD and Eviden will build Alice Recoque, a €554-million exascale-class supercomputer for European AI and scientific research, powered by next-generation EPYC 'Venice' CPUs and Instinct MI430X GPUs. Deployment is expected later in the decade.

Tom’s Hardware

Delhi shut its thermal plants, but chokes from neighbouring ones

In 2018, Delhi bade farewell to its last thermal power plant. Before this, the other two had wound up their operations in 2009 and 2015. The closures were meant to stop toxic gases spewing from their stacks from worsening the city’s air quality.

Newslaundry

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International Business Times

Trump's Fed Governor Pick Vows To Uphold Central Bank Independence

Donald Trump's pick to join the Federal Reserve's board of governors pledged to uphold US central bank independence if confirmed -- but was coy about leaving his current White House role in the process, as the institution faces growing pressure from the president to slash interest rates.

Fortune

What to know about Stephen Miran, the tariff proponent Trump just nominated to join the Fed's board of governors

Miran is a rarity, a highly trained economist who makes a logical-sounding case for Trump’s stunningly contrarian game plan.

Barchart

This Company Is Surging on Plans to Become the MicroStrategy of the BNB Crypto. Should You Buy Its Stock Now?

CEA Industries stock soars after announcing plans of a BNB treasury strategy. Here’s why VAPE shares remain unattractive to own still in the second half of 2025.

Fortune

How Stephen Miran—a Harvard-trained former free market champion—became Trump’s top ideologue on tariffs

Last year Miran, 41, was a virtual unknown. Suddenly the "Mar-a Lago accord" author’s ideas are reshaping the economy.

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The Guardian - UK

France spent €90,000 countering research into impact of Pacific nuclear tests

Documents suggest campaign to discredit revelation that tests contaminated many more people than acknowledged

Reason

All Trade is Reciprocal. Trump's Tariffs Interfere With That Reciprocity.

Governments should just get out of the way of free trade among consumers and businesses.

Dynamite News

Cooperative Election Authority takes several initiatives to strengthen electoral process

During a ceremony organized by the cooperative Election Authority, several officials gave important suggestions to make the country's electoral process more robust and trustworthy. Read further on Dynamite News:

LiveScience

French scientists smash China's 'artificial sun' fusion record by 25%

A new record for maintaining plasma burning inside a fusion reactor has been set in France, beating China's previous benchmark by 25%.

The Independent UK

Surge in the number of drivers visited by bailiffs over unpaid fines

Some 4.0 million penalty charge notices (PCNs) were referred to enforcement agencies in the 2023/24 financial year, the Times reported.

Multichannel News

Robert Berger, Longtime Investment Banker at CEA Group, Dies at 86

Based in Denver and then Tampa, he was an expert on cable system valuations

Latin Times

Lawmakers in Latino-heavy swing states join business group urging Biden for extended immigrant work permits

The push comes from elected officials in pivotal battleground states, where the Latino vote is crucial

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