
South Korea and the Asian Development Bank agreed to deepen cooperation on critical minerals, artificial intelligence and energy during President Lee Jae Myung’s meeting with ADB chief Masato Kanda.

The government said 147 coal mines have been auctioned since 2020 across nine states, with 44 new companies winning coal mines. The auctions are projected to generate Rs 47,500 crore in annual revenue, Rs 55,000 crore in capital investment and 4.9 lakh jobs, highlighting major reforms in India's coal sector.

Tata Sons is likely to hold a board meeting on September 17 amid growing concerns over leadership succession, governance issues at key Tata trusts and the RBI’s rejection of its request to surrender its Core Investment Company registration. Chairman N. Chandrasekaran is set to step down in February 2027.

Microsoft CEO Satya Nadella has said that the pursuit of superintelligence is not worth pursuing unless AI helps humanity and remains under human control. He also called for deliberate AI development, broad access and greater representation across countries, companies and academia.

Dario Amodei says rapid AI development without safeguards could pose a serious threat to humanity.

Finance Minister Nirmala Sitharaman and AIIB President Zou Jiayi discussed strengthening India-AIIB cooperation, including infrastructure, transport connectivity, local-currency financing and greater private-sector participation.

Union Minister Jitendra Singh said steel slag road technology can reduce construction costs by around 40% and offer four times the strength of conventional roads, while promoting waste-to-wealth and sustainable infrastructure.
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