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Big Six tighten grip on India's audit market despite mandatory rotationDespite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...- AI is an energy and water hog, here's what you can do to counter thatEvery online query, especially those powered by AI, significantly increases energy and water consumption, experts warn. AI's growing demand...
- Govt eyes fast-tracking local production of high-end medical devicesIndia is planning to boost local manufacturing of around 10 high-value medical devices, including MRI systems and pacemakers, to curb relia...
- Humans drew so much groundwater since 1993 that Earth's spin axis tilted 31.5 inches, a Seoul team published the math in Geophysical Research Letters three decades later in 2023Groundwater depletion, particularly in regions like India's Punjab, has significantly impacted Earth's spin. A recent study reveals that pu...
- Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...
- 'Kunal was the clear choice': Meta's Chris Cox on WhatsApp leadership changeWhatsApp's long-serving chief, Will Cathcart, is moving to a new product development role at Meta after nearly seven years. Cred founder Ku...
- Family bankruptcy meant Kunal Shah could not afford BTech, studied philosophy and did data entry operator jobs. Cred founder is WhatsApp's new global bossKunal Shah’s journey to becoming Meta’s new global head of WhatsApp is far from the typical startup success story. After his family went ba...
- Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...
- Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
- AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
- What is Andy Burnham's 'Manchesterism' vision for the UK?Andy Burnham is now a leading contender to become the next Prime Minister. He brings his "Manchesterism" economic vision to national politi...
- Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominanceAmazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold...
- AI cuts tech project times from years to months, says Deutsche Bank execDeutsche Bank is experiencing a remarkable transformation through artificial intelligence. What used to take two years can now be accomplis...
- Antarctica is in the middle of winter right now. Scientists are worried about a France-sized stretch of ocean where ice is failing to formWinter is the season when Antarctica's frozen edge usually expands. This year, one part of the continent is doing the opposite. Scientists ...
- How many Americans can afford high-quality healthcare? A new poll finds the number has fallenAmericans face growing challenges affording healthcare. New data reveals a significant drop in those able to manage medical costs and acces...
- 'Sleep scores, step counts': Viral video questions the race to optimise every moment of life with the message, 'We’ve stopped being human beings, we’re turning into dashboards'Comedian Danish Sait's viral video sparks debate on modern life's obsession with tracking and measuring everything. From sleep scores to re...
- The Indian workers training AI robots to take their jobsWith a smartphone strapped to her head, Nagireddy Sriramyachandra films herself slicing mangoes in her kitchen in India to train AI-powered...
- Psychology says people who've remained single by choice don't lack desire for connection; they feel it more intensely than mostIncreasingly, Americans, particularly millennials, are choosing singlehood not as a temporary state but as a deliberate life choice. Resear...
- Fast-tracked power plants fuel AI boom, with little public scrutinyNew power plants are being built at an unprecedented speed to meet the growing demand of tech companies. These facilities, often fueled by ...
- ‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...
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