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‘Civilisational shift’: TCS CEO K Krithivasan encourages AI adoption even if it ‘cannibalises revenue’

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…

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Stock market today: Which are top gainers and losers on NSE and BSE on February 25? Check list

Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday after a volatile trading session, as profit-booking wiped out most of the sharp intra-day gains.The 30-share Sensex rose 50.15 points, or 0.06 per cent, to close at 82,276.07. During the day, the index had jumped 731.99 points, or 0.89 per cent, to hit 82,957.91….

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Catch a falling diamond! Indians want solitaires as price falls by 30%

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…

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‘Not enough’: PM economic advisor Sanjeev Sanyal warns of foreign ship reliance risks, backs India-owned merchant fleet for trade

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…

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US announces duties on Indian solar imports; stocks of Waaree Energies, Premier drop up to 15%

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…

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lisa cook

Job losses due to AI: US Fed gov Cook has important observation; says unemployment could rise in short-term

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,…

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Money recovered, accused arrested — What’s happening in the IDFC First Bank Rs 590 crore scam case? Top developments

Haryana’s State Vigilance and Anti-Corruption Bureau has arrested four people in connection with the Rs 590 crore fraud involving IDFC First Bank, officials said on Wednesday. Those arrested include two former bank employees and two private individuals who operate a partnership firm. The arrests were made late Tuesday as the investigation gathered pace.This follows the…

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‘Tariffs will replace income tax’: Donald Trump defends trade deals after Supreme Court ruling

(AP) President Donald Trump on Tuesday claimed that most of the US’ trading partners want to continue trade arrangements negotiated under his tariffs despite the recent ruling by the Supreme Court striking down many of them.Speaking at the joint session of Congress during his 2026 State of the Union address, Trump also reiterated that tariff…

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Asian stocks today: Markets trade in green after Wall Steet’s strong rally; Nikkei jumps over 2% to record highs

Asian stocks traded in green on Wednesday, mirroring Wall Street’s gains and sustained enthusiasm around the artificial intelligence boom. Investors also kept close eye on US President Donald Trump’s State of the Union address, delivered during Asian trading hours. In Japan, Nikkei benchmark index touched a fresh record, leading the positive mood across the region.Nikkei…

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