AI saves 75% of my time: Anil Agarwal on why Indians should not fear new tech

Artificial Intelligence (AI) is often seen as either exciting or intimidating. While some worry about machines replacing jobs, others believe the technology could unlock new opportunities. Joining the growing conversation…

Samsung chip workers could get bonuses worth nearly $400,000 amid AI boom: Report

Employees in Samsung Electronics’ memory-chip business could receive incentives worth nearly 600 million won (around $399,000) this year, thanks to strong demand for artificial intelligence (AI)-related chips, reported The Korea…

Rupee’s fall to 97 sparks concern. But is the whole of Asia under pressure too?

The rupee is now on a nine-day losing streak, losing around 2.5% of its value and repeatedly hitting fresh record lows against the US dollar. As the rupee slipped near…

Goods transport costs rise from today, daily essentials may soon get costlier

The recent petrol and diesel price hikes may soon begin showing up where it hurts most for households — grocery bills, online deliveries, medicines and everyday products. India’s transport industry…

Silver slips by more than Rs 4,000: 3 key reasons behind the sharp fall

Silver prices took a sharp hit on Thursday, leaving many investors surprised. On the Multi Commodity Exchange (MCX), silver slipped by more than Rs 4,000, falling Rs 4,153 to Rs…

RBI announces $5 billion swap auction amid rupee weakness

The Reserve Bank of India (RBI) has announced a USD 5 billion dollar-rupee swap auction scheduled for May 26 to inject long-term liquidity into the banking system. The move comes…

India’s power demand hits fresh record for 3rd straight day amid heatwave

India’s electricity demand climbed to a fresh record high for the third day in a row on Wednesday as soaring temperatures across several parts of the country pushed up the…

Nvidia’s AI gold rush continues: Posts record revenue, announces $80 billion buyback

The artificial intelligence boom continues to mint money for the world’s most valuable company, Nvidia. The chip giant on Wednesday reported another blockbuster quarter, posting record revenue and profit numbers…

Could the rupee ever hit 150 against the US dollar?

Rs 150 for one US dollar sounds less like an exchange rate and more like the kind of number associated with an economy in deep trouble. Which is precisely why…

Sensex, Nifty open higher as crude oil eases on hopes of Iran peace deal

stock markets opened higher on Thursday as easing crude oil prices and hopes of a possible peace deal between the US and Iran lifted investor sentiment. The BSE jumped 345.02…