TCS) CEO K Krithivasan (File photo) IT giant TCS encourages the use of artificial intelligence by its employees even if it affects their revenue streams, said its CEO, explaining the advantages of the firm’s approach. He described the adoption of AI as a ‘civilisational shift’.Speaking at the annual NTLF event in Mumbai, Managing Director and…
Craving that solitaire ring? Now might be the perfect time. A steep drop in diamond prices is reshaping jewellery buying trends in the country, with solitaires seeing heightened demand among consumers aged 28–40, according to industry executives. Sales in this segment have surged nearly 25% year-on-year as improved affordability drives more buyers to the market.Neil…
Sanjeev Sanyal (File photo) India’s heavy dependence on foreign-flagged vessels, which carry more than 90 per cent of the country’s trade by volume, poses a serious strategic vulnerability risk, according to Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister.Speaking to ANI, Sanyal argued that India’s limited merchant fleet constrains the nation’s…
Federal Reserve governor Lisa Cook on Tuesday (local time) cautioned that artificial intelligence is beginning to reshape the US labour market in ways that could further push unemployment rates higher and limit how effectively the central bank can respond with interest rate cuts.Speaking in remarks for a national association for business economics conference, Cook said,…
Shares of Indian solar equipment manufacturers tumbled sharply on Wednesday after the United States unveiled plans to impose countervailing duties on solar cells and panels imported from India and other Asian nations. The US commerce department said that it would apply the duties to imports from India, Indonesia and Laos to support domestic producers. It…