Steve Eisman of “The Big Short” fame said he is starting to worry that the artificial intelligence boom may rest on shakier ground than investors assume. “The Real Eisman Playbook” podcast host and former Neuberger Berman senior portfolio manager said he encountered a theory suggesting that as large language models continue to scale, their performance gains…
Some of the key provisions of the new labour codes include minimum wages, gratuity payout for fixed term employees after a year of service. (AI image) New labour codes decoded: The government has introduced new labour codes that have wide-ranging implications for your salary structure, provident fund contributions, bonus payout, ESI benefits, gratuity payout and…
It says a lot about the ever-bullish outlook of Ark Invest CEO Cathie Wood that she predicted bitcoin to reach $1.2 million by 2030, and it was, in fact, a downgrade. Cathie Wood made her forecast for BTC’s price in November 2025, slightly revising the target down from $1.5 million based on the explosive rise…
NEW DELHI: Prime Minister Narendra Modi and United States President Donald Trump held a telephone conversation on Thursday and reviewed the progress of the India–US Comprehensive Global Strategic Partnership. Both leaders expressed satisfaction with the steady strengthening of bilateral cooperation across a broad range of areas.According to an official statement, the two leaders discussed ways…
Jyoti Bansal, co-founder and CEO of Harness, speaks at the company’s Unscripted conference in London on Sept. 25, 2025. Harness Almost nine years ago, Jyoti Bansal sold AppDynamics to Cisco for $3.7 billion just as the software startup was set to go public. Bansal’s latest venture, Harness, is now worth substantially more than that, after…
ITR refunds: Delays in receiving income tax refunds this year are largely tied to filing errors, system checks for high-value claims and incomplete verification by taxpayers, according to an ET report. While small refunds have been processed for most filers, many taxpayers are still waiting because their returns have been flagged for additional review, or…
Keel, an onchain capital allocator of the Sky ecosystem focusing on Solana SOL$131.08, has launched a $500 million campaign to draw real-world assets (RWAs) to the network, part of a broader effort to grow Solana’s footprint in decentralized finance. The initiative, dubbed the “Tokenization Regatta” and announced at Solana Breakpoint in Abu Dhabi, aims to…
GUWAHATI: At least 22 labourers from Assam are feared dead after a mini truck fell into a deep gorge in Arunachal Pradesh’s Anjaw district near the Indo‑China border. The accident occurred on Monday night along the high‑altitude Hayuliang–Chaglagam road.The incident came to light only on Thursday night when a lone survivor, severely injured, managed to…
Indian corporates with inadequate foreign-exchange hedging could face rating pressure if the rupee weakens sharply, global credit rating agency Fitch Ratings cautioned in a new commentary released on Thursday. The agency said that companies in sectors with limited natural hedges remain the most vulnerable to currency swings, ANI reported.Fitch noted that “in sectors with significant…
Risk assets are under pressure Thursday despite the Fed’s rate cut, with Oracle’s earnings miss piling on alongside the central bank’s hawkish guidance. Bitcoin BTC$90,193.08, the leading cryptocurrency by market value, is trading near $90,000, representing a 2.8% drop over 24 hours, according to CoinDesk data. Futures tied to Wall Street’s tech heavy index, Nasdaq,…
