RBI rate cut to improve sales of affordable, mid-income housing properties: CREDAI

CREDAI President Shekhar G Patel  Realtors’ apex body CREDAI described the RBI’s decision to cut repo rate by 50 basis points as a bold step and said this will help boost sales of residential properties. Hailing the decision, CREDAI President Shekhar G Patel said the RBI’s decision will improve consumers’ sentiment, immensely benefitting mid-income and…

Tech giants see emissions surge 150 percent in 3 years amid AI boom: UN | Environment News

Artificial intelligence, cloud computing and data centres led to a spike in electricity demand between 2020 and 2023. The United Nations’ digital agency says that operational carbon emissions for the world’s top tech companies rose an average of 150 percent between 2020 and 2023 as investments in artificial intelligence (AI) and data centres drove up…