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Maharashtra: 80 lakh women removed from Ladki Bahin scheme as e-KYC deadline ends
PUNE: Amid mounting speculation over the future of the Mukhyamantri Majhi Ladki Bahin Yojana, state government sources told TOI that while the flagship welfare scheme will continue, there are no plans to extend the e-KYC deadline or admit new beneficiaries at this stage. Following a rigorous verification exercise, the number of beneficiaries has seen a sharp decline of 80 lakh. The actual count now stands at 1.66 crore, down from the initial 2.46 crore.
Goldman Sachs CEO David Solomon on AI jobs apocalypse: We'll still hire thousands of graduates
Goldman Sachs will bring on roughly 2,400 to 2,500 interns this year, with a comparable cohort of permanent new joiners walking in come July. That's the number CEO David Solomon kept circling back to on Bloomberg's Odd Lots podcast this month, his answer to anyone convinced AI is about to gut the entry-level pipeline at investment banks. Hiring will "contract a little" over the next three years, he conceded—but nothing close to dramatic.
McLaren CEO Zak Brown Still Gets FOMO About Racing Cars
When Zak Brown joined McLaren a decade ago, the future CEO wasn’t exactly signing on to a winning enterprise: Once a Formula One juggernaut, the team had slumped into irrelevance on the race track—with an internal financial crisis to match. Ten years later, the McLaren turnaround story is well known among millions of F1 fans around the world, and clear even to racing novices like me.
When AI Meets Wall Street: A Survey on Trustworthy AI in Fintech
Announce Type: new Abstract: Artificial intelligence is now embedded as a primary decision engine in continuously operated financial AI pipelines spanning training and updating, deployment and inference, and operation with monitoring and feedback. The automation and scale that make these pipelines effective also create novel attack surfaces, where small algorithmic perturbations can amplify into persistent, system-level financial harm. Existing surveys, however, either treat AI as a...
India's stock market mania hits milestone: NSE logs 26 cr trading accounts and counting
India’s investor base hit a new milestone in June, with the National Stock Exchange of India (NSE) registering over 26 crore unique trading accounts, or client codes. In a press release issued on Friday, the exchange said it added the latest 1 crore accounts in just under four months. Over the past year, more than 4.3 crore accounts have been added, accounting for nearly 17% of the total, highlighting the pace of India’s capital markets.
‘Permanent class of excluded Indians’: Owaisi slams Centre over SIR
As the Election Commission expands its Special Intensive Revision (SIR) of electoral rolls across multiple states, AIMIM chief Asaduddin Owaisi has launched a fresh attack on the exercise, alleging that it could be used to create a “permanent class of excluded Indians” and disproportionately affect Muslims, women, migrants and the poor. In a post on X on Wednesday, Owaisi claimed that the Centre was using a document-based voter verification exercise as a precursor to broader mechanisms for...
The lucrative market behind viral fake news
The lucrative market behind viral fake news Public debate is increasingly disrupted by viral misinformation circulating on social media. Behind this sensationalist content regularly lie actors driven by pure profit. To truly understand the spread of online misinformation, author and academic Carlos Diaz Ruiz suggests it must be analysed as the outcome of a market system in its own right.