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2 mins read

More than half of banking jobs could be automated by AI — but banks will be slow to adopt, Citi report says

A new Citi report says finance will be "at the forefront" of changes due to artificial intelligence.

Emmalyse Brownstein   


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Carlyle-backed Hexaware Tech files draft papers with Sebi for ₹9,950 crore IPO

CA Magnum Holdings has 95.03 per cent stake in the IT company. Since the entire issue is a…

PTI   


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3 mins read

Indian economy could get USD 675 billion due to AI by 2038, study shows

A recent Accenture study highlighted that generative AI could add USD 675 billion to India's econom…

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2 mins read

Average cost of data breach in India reached an all-time high of Rs 195 Million, says IBM Report

The report highlights that 70% of breached organizations globally reported disruption. In India, l…

ANI   


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Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil

The overall industry size is pegged at USD 250 billion and it creates over 50 lakh direct jobs.…

PTI   


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1 min read

Billionaire investor Chamath Palihapitiya suggests VCs could be replaced by 'an automated system' as the world adapts to AI

Chamath Palihapitiya, who is also a former Facebook exec, says AI will radically change the job of …

Beatrice Nolan   


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Not out of the woods yet and have miles to go: RBI on inflation

A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy acti…

PTI   


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18 mins read

51 start-ups from India likely to become unicorns in three years

In the next three years, as many as 51 high-growth start-ups that boast valuations estimated betwee…

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3 mins read

Banking issues hinder growth of exports through e-commerce: GTRI report

Banking issues like reluctance to process forex received through alternate channels and high proces…

PTI   


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4 mins read

Demand for five digital skills like Gen-AI and data analytics to pick steam exponentially

Digital skills like generative AI and data analytics are in high demand and this will only rise sig…

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6 mins read

Whether it's half a million or three million — 'low skilled' IT jobs in India are definitely at risk

Tata Consultancy Services (TCS), Infosys, HCL Tech, Wipro and others could wipe out 3 million 'low …

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5 mins read

Boom In Jobs: Corporate India goes on a hiring spree, IT sector leads the way

After retrenching employees en masse after the onset of the pandemic, Corporate India has created m…

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1 min read

Be cautious of AI 'euphoria' as the sector is not a near-term investment play, Goldman Sachs' top stock strategist says

"The AI trade is likely to play out over a longer-term period of time," Goldman's David Kostin said.

Morgan Chittum   


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4 mins read

Hot jobs: Here’s what you can earn across tech roles in banking, finance, insurance & consulting

Parallel to these widening opportunities, the recent trend of massive layoffs in several big techno…

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2 mins read

'Don't worry, be happy': 5 reasons why Bank of America just turned even more bullish on the stock market

"I see far more bullish indicators for stocks than I do bearish. And what I think is interesting is…

Matthew Fox   


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3 mins read

This startup is building infrastructure to automate and ease the process of giving out small biz loans

Lending company U GRO Capital intends to give out small business loans worth ₹2,000 crore to MSMEs …

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1 min read

Stocks in the construction and industrial sectors are set to soar as a 'red hot capex cycle' kicks in, Morgan Stanley says

The bank highlighted three underlying trends driving long-term capex: "near-shoring" supply chains …

Ethan Wu   


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4 mins read

Sensex, Nifty plummet as banking, metal and IT stocks drag markets down

India’s benchmark indices Sensex and Nifty50 are likely to see a gap-down opening on Friday amid he…

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2 mins read

Automation has started eating up jobs at top banks. Here’s what has been replaced so far

Thanks to ever enhancing information technology, you will see more robots and tech in banking s…

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3 mins read

The restaurants of the future will be more expensive and full of robots. Here's why that's a good thing.

Restaurant staff will be paid more. Robots will take over fast food. Your portion size might be sma…

Ben Winck,Mary Meisenzahl