Page 10 - Bloomberg

AI job-loss fears are 'hogwash', says Infosys Chairman Nandan Nilekani

While tasks such as coding can increasingly be handled by artificial intelligence, other roles will emerge to manage the technology's deployment and its risks, Nilekani said

Visa gets approval to prepare for domestic payments business in China

The approval marks an 'important milestone' toward the company serving China's domestic payments market, Visa said in a statement

Govt's free trade push could lead to $140 billion GDP gain for India

The surge in US tariffs since President Donald Trump returned to the White House in January 2025 is redrawing global trade links

FSSAI plans tighter rules for qcom platforms amid food safety crackdown

Ecommerce is the next big focus area for the Food Safety and Standards Authority of India, its Chief Executive Officer Rajit Punhani said

Global economy nears limits of resilience as energy squeeze persists: IMF

Growth will accelerate to 3.4% in 2027, the fund said Tuesday in its World Economic Outlook

Meta says new Muse model reaches AI frontier after aggressive push

Known as Muse Wonder, the new model is the company's most capable since Meta CEO Mark Zuckerberg overhauled his AI operation through an aggressive hiring push that put new talent at the helm

Trump's diesel deal with Russia irks allies, unlikely to reduce prices

The decisions and the ceasefire are all a bet that lowering fuel prices will be the best way to win more votes next month despite the risk of a backlash from political friends and foes alike

Elon Musk's bigger test after airwaves is building costly network

SpaceX's spectrum acquisition could help it challenge major US carriers, but building a nationwide mobile network will require billions of dollars and more Starship launches

Wall Street bosses look past India's pain points to ramp up investment bets

Wall Street bosses are still looking at the economy's long-term prospects. Many are betting on a series of measures taken by the Modi administration to jumpstart a vast digital payments ecosystem

Rupee posts biggest gain in 6 months after RBI measures to support currency

The currency gained 1%, its biggest jump since April, to 95.7575 per dollar on Monday

Ukrainian Prez risks rupture with Trump as US midterms pressure mounts

After Trump posted on social media about the ceasefire, Zelenskyy said he is willing to accept it, but only if Russia does too

Trust in science falls as Covid-era confidence fades, finds global survey

Across countries surveyed before, during and after the pandemic, 72% of people expressed at least some trust in science in 2025, down from 80% in 2020 and 77% in 2018

Rupee defence raises question of how far RBI will go as pressure mounts

The rupee is poised to rally when trading resumes Monday, with analysts expecting the RBI to defend the 97-per-dollar level

Once-hot AI trade leaves South Korean stocks struggling to attract buyers

Turnover has collapsed 70% from its peak in late May, foreigners are retreating at the fastest pace in Asia and local retail investors are also pulling back

Terrafab plant will 'make chips better than anyone', says Elon Musk

Musk is preparing to build a Terrafab factory in Grimes, Texas, via a joint venture between his companies Tesla and SpaceX alongside Intel Corp., with an initial investment of more than $15 billion

Microsoft CEO Satya Nadella calls for 'emergency brake' on advanced AI

Nadella said that those deploying advanced AI should not simply rely on assurances from AI model makers

AI issuers upend debt market safety valve as borrowing costs rise

Big tech companies known as hyperscalers are willing to pay higher yields, because they're borrowing to fund artificial intelligence investments like data centers and AI chips

Panama hit by strongest quake in 75 years, 7.7-magnitude tremor strikes

The earthquake struck Herrera Province more than 193 km southwest of the Panama Canal, with a 6.6-magnitude aftershock and eight others of magnitude 4.8 or higher recorded

Anthropic's Claude AI carried out unintended actions on US govt websites

Anthropic disclosed 4 types of unintended AI behaviour, including exploiting software flaws, submitting unauthorised forms and bypassing access restrictions

Trump warns Norway he won't forget Nobel Peace Prize snub, slams decision

Trump called the decision an 'indelible stain' on Norway after the Nobel Peace Prize was awarded to South African judge and human rights lawyer Navi Pillay