Business

AI’s inherent bias dangerous for social fabric

A recently-released research report by Goldman Sachs has projected that AI automation may impact 66 per cent of all jobs - that’s 300 million in the US and Europe alone.

Explained: Why America’s Silicon Valley Bank collapsed

The seeds of SVB's demise were sown when the bank invested heavily in long-dated US government bonds, including those backed by mortgages.

India, Australia vow to take bilateral trade to USD 100 billion

India and Australia have set the goal of taking the bilateral trade to USD 100 billion from USD 31 billion per year and concluding negotiations for the India-Australia Comprehensive Economic Cooperation Agreement (CECA) by end of this year. During the meeting of the India-Australia joint ministerial commission meeting in New Delhi on Saturday, Indian commerce […]

Adani pays ₹7.4 Cr share-backed loans 2 years before maturity

The announcement of the loan pre-payment comes at a time when Adani Group is holding roadshows in different cities abroad to shore up investor confidence.

Delhi airport starts cargo transhipment from Bangladesh

Since Bangladeshi manufacturers rely heavily on India for raw materials, any boost in exports will directly result in an increase in demand for produced-in-India raw materials in Bangladesh