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Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources sayIn July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...- AI race is pushing companies deeper into college campusesCompanies are strengthening campus partnerships to develop essential future workforce skills. These collaborations focus on AI, machine lea...
- She works at a bank. But her side business makes more than Rs 7 lakh a month. Yet she refuses to quit her 9-5 job. Why?A bank employee in Varanasi has built a tiffin business generating Rs 7.27 lakh in monthly revenue, according to social media user Ankit Pa...
- Independence Day bank holiday: Are banks open or closed on August 15? Check statusBank holiday today: Cstomers are advised to check local holiday schedules, as state-specific holidays may further impact branch operations ...
- Gen Z employees seeking more say in how they work, making companies rethink strategyGen Z employees now expect workplace freedom and greater career control. Companies are adapting by offering flexible work and internal mobi...
- Man found Rs 1.3 lakh missing from SBI bank account: Rs 80,000 ATM withdrawal, Rs 50,000 transfer made without his authorisation; consumer court upholds Rs 1.3 lakh refundA man's SBI bank account was drained of Rs 1.3 lakh through four unauthorised ATM withdrawals and two transfers he says he never made. SBI ...
- Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
- Sending world into a tizzy, Chairman N Chandrasekaran had routine dayThe unexpected announcement of N Chandrasekaran's exit from Tata Sons has left many in the business sector taken aback. Prior to making thi...
- Oracle plans more layoffs as AI spending surges. Is the AI jobs apocalypse finally here?Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal yea...
- SBI uses AI to underwrite nearly Rs 1 lakh crore in MSME loans in FY26State Bank of India underwrote nearly one lakh crore rupees in MSME loans using artificial intelligence. AI is also automating the processi...
- PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.
- AI can transform banking, but data, privacy, governance remain key challenges: CEOsTop bank CEOs discussed AI's beneficial use in banking operations. They highlighted generative and agentic AI for customer service and inte...
- Supreme Court refuses to interfere with HC order denying interim relief to TMC against ED freezing accountsThe Supreme Court declined to intervene in a Calcutta High Court decision. This order denied interim relief to the Mamata Banerjee-led TMC ...
- OpenAI buys back $7 billion of employee shares in tender offerThe ChatGPT maker bought back shares from current and former employees rather than tapping outside investors for the tender offer. The deal...
- Rs 50 lakh jewellery vanishes from SBI locker: Woman alleges bank negligence after being told she no longer had a locker following bank mergerJewellery worth around Rs 50 lakh has mysteriously gone missing from an SBI bank locker. The locker holder has lodged a complaint alleging ...
- SBI bank locker Rs 50 lakh jewellery theft: What happens if your valuables goes missing or gets stolen? How much will bank pay?A Kanpur woman has alleged that jewellery and valuables worth around Rs 50 lakh went missing from her SBI bank locker. Here’s what RBI rule...
- HCLTech says no evidence of system compromise after hacker group’s data breach claimIn an exchange filing, HCLTech said its initial investigation found the data "may be limited and dated to a few years back." The company sa...
- Even receptionists & janitors 'own millions in stock' at this US billionaire’s hedge fundPershing Square Capital Management stands out for its remarkable employee benefits, with Bill Ackman saying that everyone from receptionist...
- 8th Pay Commission calculator: Can Level 8 employees get 58% gross salary hike at 2.57 fitment factor?8th pay commission update: The 8th Pay Commission is actively engaging with various stakeholders to gather insights on salary and pension a...
- RBI changes loan recovery rules:: No harassment, recorded calls, strict recovery agent code & moreThe Reserve Bank of India has announced new guidelines for loan recovery starting in January 2027. These regulations require that banks pro...
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