AI is escaping the tech industry. The latest evidence suggests the technology is no longer confined to software engineers and data scientists; it’s spreading into the broader economy — even in Europe. New data from Indeed shows employers are increasingly adding AI directly into job titles for non-tech roles in sales, HR, legal, customer support, […]
Agentic artificial intelligence is opening the door to end-to-end (E2E) automation of model validation processes, according to industry experts. At a fireside chat at the Risk Live Europe event on July 1, the view was that, while traditional automation may have already streamlined certain elements of validation workflows, the addition of agentic AI enables banks […]
Shares of Bharat Heavy Electricals (BHEL) recently scaled a fresh 52-week high, but brokerages believe the rally may not be over yet after the Maharatna PSU posted a strong set of Q1FY27 results last week. The company on Thursday reported a consolidated net profit of nearly Rs 377 crore for the April-June quarter, compared with […]
Since the 2022 bear market bottomed nearly four years ago, Wall Street’s historic rally has been driven by two catalysts: the evolution of artificial intelligence (AI) and the leadership of the “Magnificent Seven.” The beauty of the Magnificent Seven is that they all possess one or more sustainable competitive advantages, providing them with ample cash […]
News release The Prudential Regulation Authority (PRA) has imposed a financial penalty of £4,165,000 on HDI Global SE in connection with the submission of incorrect data to the PRA. This occurred on multiple occasions between August 2021 and August 2024 and included errors in data provided to the PRA in purported remediation of previously incorrect […]
Shares of HDFC Bank fell more than 5% on Monday after the private lender’s Q1 earnings failed to impress investors, wiping out nearly Rs 70,000 crore in market value, even as brokerages remained bullish on the stock. HDFC Bank fell to an intraday low of Rs 774.55 apiece on the NSE, with its market capitalisation […]
By Subhadip Sircar and Bhaskar Dutta India’s central bank stepped into the foreign exchange markets to support the rupee after the currency weakened toward a record low as a renewed surge in crude prices weighed on sentiment. The Reserve Bank of India sold dollars in both offshore and onshore markets, […]
Pfizer (PFE 0.36%) has not performed well in recent years, as demand for its coronavirus products has plummeted. Meanwhile, several of the company’s newer launches haven’t made much of an impact on its financial results, while it is racing toward an important patent cliff — that of Eliquis, an anticoagulant and one of its best-selling […]
The last time the U.S. raised the federal minimum wage, Apple’s Siri hadn’t even been invented yet. July marked the 17th full year in which the federal minimum wage has remained at $7.25, the think tank Center for Economic and Policy Research (CEPR) noted in a recent post. Apple would introduce its AI iPhone bot […]
EMVCo has released a draft framework that could pave the way for a universal standard for verifiable digital credentials in card‑based payments, a move that could make online checkout both more secure and less cumbersome. As verifiable digital credentials continue to gain traction for secure digital transactions, EMVCo is working to ensure that its data […]