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While artificial intelligence (AI) would provide unprecedented impetus to global productivity, the technology could also widen inequalities around the world if not used for the benefit of people, former NITI Aayog CEO Amitabh Kant said on Thursday. "We need a digital public infrastructure (DPI) for AI; the technology must be provided to researchers and startups, used for betterment of society and towards sustainability, and for better inputs for climate research," Kant said in his address at the World Sustainable Development Summit organised by The Energy and Resources Institute (TERI) here. "If this doesn't happen then AI is not fit for purpose," he asserted. The former G20 Sherpa of India also highlighted the immense power requirements of AI -- one of its biggest drawbacks. "AI is an energy guzzler. Today, the technology consumes more energy than the whole of Japan," he said. Research has shown that to train a large language model (which understand and generate human language b
Infrastructure major Larsen & Toubro (L&T) on Wednesday said its board has approved the appointment of former G20 Sherpa and NITI Aayog CEO Amitabh Kant as a non-executive, independent director of the company. Kant has been appointed for a term of five years with effect from Wednesday. "The board of directors of the company at its meeting held today, i.e., October 29, 2025, have approved the... appointment of Amitabh Kant as a non-executive, Independent Director (Additional Director) of the company for a term of 5 years with effect from October 29, 2025, up to and including October 28, 2030, subject to approval of shareholders of the company," Larsen & Toubro said in a filing to the BSE. Last month, IT services company HCL Technologies had announced the appointment Kant as an independent director. In September, IndiGo also appointed him as an additional director on its board after receiving security clearance from the civil aviation ministry. Canadian billionaire Prem ...
India should never lose its strategic autonomy, never yield to pressure while negotiating trade deals with the US, former G20 Sherpa Amitabh Kant said on Friday, while suggesting that the country should look at a long-term perspective and behave in a calm and collected manner. Speaking at the Business Today India@100 event, Kant said India should use trade-related uncertainties as a unique opportunity to carry out very vigorous reforms in the economy. "We still have 20 days for these (US) tariffs to kick in. We should never yield to pressure, but we should negotiate in a very rational manner, in a sensible manner, and I think there is plenty of time to be able to arrive at an agreement," he said. On August 6, the United States announced an additional 25 per cent tariff on all Indian imports, on top of an existing 25 per cent duty, taking the total duty to 50 per cent effective August 27. The White House said the measure was in response to India's continued purchase of Russian oil.