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Morgan Stanley makes a ‘layoff forecast’ for European Banks

Representative Image Stanley has an artificial intelligence (AI)-led layoff ‘warning’ for employees of European banks. In a research note, the American bank has predicted that AI could help European banks achieve productivity gains of around 30%, potentially resulting in job cuts of up to 20% over the next five years.Morgan Stanley’s team of analysts, led...

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Bashir Badr, master Urdu poet of love and melancholy, passes away

NEW DELHI/BHOPAL: Bashir Badr, whose Urdu poetry seamlessly blended the personal with the universal, whose self-assured, almost playful, ghazal recitals made him a major star at mushairas home and abroad, and who wrote without rancor despite his home being burnt down during the 1987 Meerut communal riots, passed away at his residence in Bhopal on...

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Caste survey: Siddaramaiah’s parting shot for DKS, Rahul

NEW DELHI: Outgoing Karnataka chief minister Siddaramaiah seems to have left a ticking bomb as a parting gift for his successor DK Shivakumar and Rahul Gandhi before deciding to step down from his position on Thursday.A day before resigning as chief minister, Siddaramaiah on Wednesday accepted the Karnataka State Commission for Backward Classes’ long-delayed educational...

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Natural refusal or calculated move? Why Siddaramaiah said no to Rajya Sabha seat

NEW DELHI: The Congress leadership had designed Siddaramaiah‘s exit from the Karnataka chief minister post to appear orderly, disciplined and final.A resignation in Bengaluru. A Rajya Sabha berth in Delhi. A graceful transition from state strongman to senior national statesman.Instead, Siddaramaiah accepted only the first part.Minutes after submitting his resignation letter as Karnataka CM on...

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How a mosque relocation may give Kolkata airport 10-year lifeline

The airport mosque shift will give Kolkata airport a lifeline of 10 more years, aviation industry experts said. KOLKATA: The airport mosque shift will give Kolkata airport a lifeline of 10 more years, aviation industry experts said.While the civil aviation ministry and the state govt have cited airport’s safety and security to push for the...

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Why Marc Andreessen thinks AI coding Agents are better than humans

Venture capitalist Marc Andreessen Venture capitalist Marc Andreessen believes that a world dominated by AI coding bots or agents has massive advantages as compared to human workers. Speaking with Joe Rogan on a recent episode of the Joe Rogan Experience podcast, the tech investor outlined how modern artificial intelligence (AI) is changing the software industry....

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Super Sukhoi programme: Modernising IAF’s work horse fighter fleet

As the Indian Air Force undergoes a major transformation—replacing older types with Rafale, Tejas Mk‑1A and, soon, Tejas Mk‑2 and the Advanced Medium Combat Aircraft (AMCA)—the Sukhoi‑30MKI will continue to bridge the transition.First inducted in the early 2000s, the aircraft is now slated for a comprehensive refresh.Estimated at around Rs 63,000 crore, the Super Sukhoi...

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Outgoing Karnataka CM Siddaramaiah’s Delhi flight diverted to Jaipur amid heavy rain

BENGALURU: A special flight carrying outgoing CM Siddaramaiah was diverted to Jaipur on Thursday due to adverse weather conditions in Delhi, officials said.Several senior Congress leaders and Karnataka ministers were onboard the flight, including state in-charge AICC General Secretary Randeep Singh Surjewala, ministers KJ George and Byarthi Suresh, legal advisor AS Ponnanna, Legislative Council member...

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