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Time of India
2 days ago
- Business
- Time of India
India's exports to US rise 23%, imports dip 10% in June
India's goods exports to the US rose by 23.53 per cent to USD 8.3 billion in June while imports dipped by 10.61 per cent to about USD 4 billion during the month, according to the commerce ministry data. During April-June, the country's exports to the US increased by 22.18 per cent to USD 25.51 billion, while imports rose 11.68 per cent to USD 12.86 billion, the data showed. The US was the largest trading partner of India in the April-June quarter of 2025-26. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dream Kitchen Within Reach? See How HomeLane Get Quote Undo India and the US are negotiating a bilateral trade agreement. The Indian team is in Washington for the fifth round of talks for the pact. China, another major trading partner of India, saw a 17.18 per cent jump in exports from India to USD 1.38 billion in June and a 17.87 per cent growth in April-June to USD 4.4 billion. Live Events Imports from the neighbouring country in June rose by 2.48 per cent to USD 9.51 billion while in the first quarter of 2025-26 by 16.33 per cent to USD 29.74 billion. Singapore, Germany, France, Brazil, and Korea were also among the countries which saw positive growth in exports from India during the month under review. However, exports to the UAE, the Netherlands, the UK, Bangladesh, Saudi Arabia, Australia, Nepal, South Africa, Italy, Belgium and Malaysia declined in June. On the imports front, inbound shipments in June declined from nations including the UAE, Russia, Iraq, Germany, Malaysia, Switzerland, Australia, and Taiwan. However, imports rose from Saudi Arabia, Singapore, Korea, Japan, Hong Kong, and Thailand.
Time of India
2 days ago
- Time of India
Nvidia's Jensen Huang rips MIT study claiming AI makes people dumb, says 'As a CEO, I spend most...'
Dismissing a recent MIT study that suggests Artificial Intelligence (AI) diminishes cognitive abilities, Nvidia CEO Jensen Huang has an astonishing claim saying that AI has actually improved his thinking skills. Huang, whose net worth soared $1 billion as the chipmaker joined the $4 trillion club, admitted he uses AI every day so that it could teach him something new. In an interview to CNN, the Nvidia CEO said he used AI "literally everyday" and believes his "cognitive skills are actually advancing." "I haven't looked at their research yet, but I have to admit, I'm using AI literally every single day," Huang stated during the interview. "I think my cognitive skills are actually advancing, and the reason for that is because I am not asking it to do the thinking for me." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dream Kitchen Within Reach? See How HomeLane Get Quote Undo Jensen Huang said AI assists him in solving problems that he would not have been able to. He asks the AI tool, 'Are you sure this is the best answer you can provide?' and asserts that AI is making him smarter. ALSO READ: Emmy Nominations 2025: 'Severance,' 'The White Lotus' and 'Adolescence' to bag big scores? Full list revealed Live Events A new study from researchers at MIT's Media study, which analyzed 54 subjects writing SAT essays using ChatGPT, Google Search, or no tools showed concerning results. Researchers used an EEG to record the writers' brain activity across 32 regions, and found that of the three groups, ChatGPT users had the lowest brain engagement and 'consistently underperformed at neural, linguistic, and behavioral levels. Over the course of several months, ChatGPT users got lazier with each subsequent essay, often resorting to copy-and-paste by the end of the study. Nvidia CEO Jensen Huang on MIT study Challenging the study's methodology and questioning how participants are using AI tools, he said, "I am not exactly sure what people are using it for that would cause you to now not have to think," he told CNN's "Fareed Zakaria GPS" that aired Sunday. "But if you have the thing in order, for example, the idea of prompting an AI, the idea of asking questions... you're spending most of your time today asking me questions in order to ask good questions. It's a highly cognitive skill." ALSO READ: National Hurricane Center has a warning for Florida, Texas as Gulf tropical development chances are increasing He added, 'You know this is no different than getting three opinions. Three doctors' opinions. I do the same thing. I ask the same question to multiple AIs. And I ask them to compare each other's notes and then, you know, give me the best of all the answers.' This methodology, according to Huang, actually strengthens analytical abilities rather than weakening them. "So I think that process of critiquing and critiquing the answers of your critical thinking enhances cognitive skills," he explained, offering direct advice to the MIT study participants: "Apply critical thinking." 'I'm not exactly sure what people are using it for that would cause you to not have to think, but you have to think. When I'm interacting with AI, it's a questioning system. You're asking it questions. In order to formulate good questions, you have to be thinking. You have to be analytical. You have to be reasoning yourself,' Huang further said. 'I think that process of critiquing, criticising, the answers, you know, critical thinking enhances cognitive skills. And so to all the people who were taking those tests, I would advise that they apply critical thinking,' he concluded. ALSO READ: Cory Mills apartment scandal: Why is the Florida Congressman losing his swanky Washington home? Stressing that AI should be used as a learning tool rather than a replacement for thinking, the Nvidia CEO said, "I'm asking it to teach me many things that I don't know or help me solve problems otherwise I wouldn't be able to solve reasonably or research." Huang further that effective AI interaction requires sophisticated cognitive skills, particularly in formulating quality questions. "As a CEO, I spend most of my time asking questions, and 90% of my instructions are actually, you know, conflated with questions," Huang explained. "When I'm interacting with AI, it's a questioning system. You're asking a question, so I think that in order to formulate good questions, you have to be thinking, have to be analytical, reasoning yourself."
Time of India
04-07-2025
- Politics
- Time of India
AIMIM should not contest Bihar polls to defeat BJP: RJD
Patna: RJD MP and chief spokesperson Manoj Kumar Jha on Friday urged Asaduddin Owaisi not to field candidates in Bihar and avoid splitting the secular votes if he wanted the BJP to lose the assembly election. Jha told reporters in Patna on Friday that not contesting elections is also helpful. "Owaisi knows this and his advisors also know it. If your intention is to defeat BJP and defeat the politics of hatred, then the decision of not contesting the Bihar elections will also be a similar one," the RJD MP said. Earlier, RJD leader Tejashwi Prasad Yadav on Friday shared on social media the letter written to his party chief Lalu Prasad by AIMIM state president Akhtarul Iman to seek public opinion whether the opposition Mahagathbandhan should include the party led by Hyderabad MP Asaduddin Owaisi to contest the Bihar election. Iman had written to Lalu on July 2, requesting him to include AIMIM into the opposition bloc of RJD, Congress, Left and VIP to defeat BJP and avoid the split of votes. Owaisi also expressed this desire saying the opposition blames AIMIM for splitting anti-BJP votes in every election. Tejashwi, who is the opposition bloc coordination committee chairman, already has to face tough negotiations on seat sharing with Congress, Left and VIP of Mukesh Sahani. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dream Kitchen Within Reach? See How HomeLane Get Quote Undo Though AIMIM has a substantial support base in the Muslim-dominated Seemanchal region and won five seats in the 2020 elections, Tejashwi will find it difficult to accommodate Owaisi's party, which will mean slicing the other alliance partners' seats. Iman on June 30 said the AIMIM was exploring options to float a third front as his request to RJD and Congress fell on deaf ears and he had no choice but to contest the coming election with other like-minded people. Iman also had a meeting with Akhil Bhartiya Paan Mahasangh president I P Gupta, who claims his Tanti-Tantwa community has 5 crore population in the country. But after that, Iman made another attempt by writing a letter to Lalu. In the 2020 assembly elections, Owaisi had formed the Grand Democratic Secular Front with Mayawati's BSP, Upendra Kushwaha's then RLSP and some other small parties. Then AIMIM contested 19 seats and won 5 from three districts of Seemanchal. Tejashwi later included 4 of the AIMIM MLAs in RJD. Patna: RJD leader Tejashwi Prasad Yadav on Friday publicly shared a letter written to his father and party chief Lalu Prasad by AIMIM's Bihar unit president, Akhtarul Iman, seeking public opinion on whether the opposition Mahagathbandhan should include Hyderabad MP Asaduddin Owaisi's party for the upcoming Bihar assembly elections . In the letter dated July 2, Iman appealed to Lalu to include AIMIM in the opposition bloc, comprising RJD, Congress, Left parties and the Vikassheel Insaan Party (VIP), to consolidate anti-BJP votes and avoid a damaging split. Owaisi himself has echoed this sentiment, stating that his party is repeatedly blamed for dividing secular votes during elections. Tejashwi, who heads the coordination committee of the Mahagathbandhan, is already grappling with tense negotiations over seat-sharing with existing allies like Congress, the Left and Mukesh Sahani's VIP. While AIMIM holds considerable influence in the Muslim-dominated Seemanchal region, having won five seats in the 2020 assembly polls, its inclusion could complicate matters further by reducing seat quotas for current allies. In light of this, RJD MP and party's chief spokesperson Manoj Kumar Jha on Friday appealed to Owaisi to consider not contesting the Bihar elections, in order to protect secular unity. "Even the decision not to contest elections can be helpful," Jha told reporters in Patna. "Owaisi knows this, and so do his advisors. If your aim is to defeat the BJP and stop the politics of hatred, then refraining from contesting in Bihar would serve that very purpose," he said. Notably, on June 30, Akhtarul Iman said that AIMIM was exploring the possibility of forming a third front after failing to receive a response from RJD and Congress. He also met with Akhil Bhartiya Paan Mahasangh president I.P. Gupta, who claims that the Tanti-Tantwa community, recently removed from the SC category, has a population of five crore nationwide. Despite this, Iman made another attempt to join the opposition alliance by writing to Lalu. In the 2020 Bihar assembly elections, AIMIM had allied with Mayawati's BSP, Upendra Kushwaha's RLSP and other smaller outfits to form the Grand Democratic Secular Front. The party contested 19 seats and won five, primarily from the Seemanchal region. However, Tejashwi later managed to induct four of AIMIM's MLAs into the RJD fold, reducing Owaisi's foothold in the state.
Time of India
28-06-2025
- Business
- Time of India
Eric Trump for US President? Donald Trump's son reveals his plans for White House
Eric Trump, the 41-year-old son of U.S. President Donald Trump, has indicated that he may one day pursue a bid for the nation's highest office, potentially paving the way for a second-generation Trump to enter the political fray. In an interview with the Financial Times , Eric Trump suggested that his personal experience over the past decade in the spotlight has prepared him for a possible political journey, though he expressed concern about the impact such a decision might have on his family. Also Read | Apple spends half a billion dollars on California real estate in a week — is Tim Cook planning something big? "Could Do It": Eric Trump Opens the Door to Politics Speaking candidly, Eric Trump remarked, 'The real question is: 'Do you want to drag other members of your family into it?' Would I want my kids to live the same experience over the last decade that I've lived?' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dream Kitchen Within Reach? See How HomeLane Get Quote Undo He added, 'If the answer was yes, I think the political path would be an easy one, meaning, I think I could do it. And by the way, I think other members of our family could do it too', as quoted in a report by USA Today. These remarks mark a rare moment of direct contemplation from Donald Trump's son about his own potential in politics. While often appearing at campaign events and rallies, Eric Trump has largely remained focused on business, steering clear of day-to-day political strategy, unlike his older brother. Live Events Businessman with Political Roots Eric Trump currently serves as co-executive vice-president of the Trump Organization, which recently entered the mobile communications sector. He manages the family's expansive real estate and branding empire alongside his brother Donald Trump Jr., who has himself expressed a tentative interest in running for public office. In May, the elder Trump sibling noted he 'maybe one day' could seek the presidency. Married to Lara Trump, the current co-chair of the Republican National Committee (RNC), Eric has remained influential behind the scenes in Republican circles. However, his public posture has been less politically charged than his brother's, who is frequently vocal on conservative platforms and active in rallying support for his father's ongoing political career. Also Read | Trump's Big, Beautiful Bill sparks panic among MAGA voters: 'We'd lose everything' A Family Steeped in Political Ambition The Trump family's flirtation with politics dates back to the 1980s, when Donald Trump was first floated as a potential candidate for president. As early as the 1988 election cycle, grassroots efforts attempted to draft the New York businessman into the race, with Trump exploring campaigns under both Democratic and Reform Party labels. He officially entered and later withdrew from the 2000 presidential race before launching his successful 2016 bid as a Republican. Eric and Donald Jr.'s musings reflect a continuation of that legacy, one that has now been cemented by Donald Trump's return to the White House in 2025. The elder Trump's political brand remains dominant within the Republican Party, giving his family members a prominent platform from which to contemplate public office. Also Read | Donald Trump for the Nobel Peace Prize? After Pakistan, now Congo joins the push A Future Political Dynasty? While no official moves have been made, Eric Trump's comments underscore the possibility of a Trump political dynasty, especially at a time when voter loyalties and name recognition play an outsized role in U.S. elections. With his father back in power, the younger Trumps may find an increasingly receptive conservative base willing to extend their support to another generation. For now, however, Eric Trump appears content to keep his focus on business — but the door to politics, as he notes, remains open. FAQs What did Eric Trump say about running for president? In an interview with the Financial Times , Eric Trump said he believes he 'could do it' when asked about a potential run for president. However, he expressed concern about the impact such a move could have on his family, especially his children. Has Eric Trump officially announced a presidential campaign? No, Eric Trump has not officially declared his candidacy. He simply acknowledged that the political path would be 'easy' for him if he chose to pursue it.
Time of India
27-06-2025
- Business
- Time of India
Rajasthan CM Bhajan Lal Sharma says govt working to transform state into $350 bn economy
Rajasthan Chief Minister Bhajan Lal Sharma on Friday said the state government is working to transform Rajasthan into a USD 350 billion economy by introducing advanced technologies in various sectors and creating a favourable environment for investment. Using Artificial Intelligence (AI) in agriculture would help boost farmers' productivity, while world-class, industry-oriented training will make the state's youth more employable, Sharma added. The chief minister also highlighted measures to reduce logistics costs and improve connectivity through new policies and infrastructure projects. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dream Kitchen Within Reach? See How HomeLane Get Quote Undo Sharma was addressing a meeting at the Chief Minister's residence on agricultural reforms, the development of multi-modal logistics parks , and employment-oriented training for youth. "To promote AI in farming, we have announced the setting up of a 'Centre of Excellence of Artificial Intelligence in Agriculture ' in this year's budget. Modern technology will help tackle the challenges in this sector," he said. Live Events Sharma directed officials to expand skill training in agriculture to ensure qualitative growth and generate ample employment opportunities for the youth. Emphasising the state's investment potential, he said initiatives like the Rising Rajasthan Global Investment Summit , the implementation of industry-friendly policies, and an effective single-window system have created an investor-friendly environment. The state's Rajasthan Logistics Policy 2025 has been launched to reduce logistics costs and improve connectivity in the industrial sector. Plans are in place to establish logistics parks linked with the Delhi-Mumbai Industrial Corridor (DMIC) during the 2025-26 budget year, which will significantly enhance the state's logistics capacity, he noted. "Our government is committed to making youth 'future-ready' and 'industry-ready' through skill training and by creating sufficient employment opportunities," Sharma said. He also instructed officials to take all necessary steps to provide world-class, employment-focused training. During the meeting, presentations were made on setting up the AI-based Centre of Excellence in Agriculture, Polytechnic Skill Development Centres in education, and multi-modal logistics parks. Senior public representatives and officials from relevant departments were also present.
