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Once upon a time, boutique bank Evercore paid really, really well. And then one thing led to another, Russia invaded Ukraine, and now boutique bank Evercore only pays really well. But things might have just changed.

At least one in two Indian employees are worried about losing their jobs to AI compared to one in three in developed countries, according to the findings of Randstad work monitor quarterly pulse survey shared exclusively with ET. Among the reasons for the increased concern among Indian employees is the presence of a large workforce in BPOs and KPOs, which are particularly vulnerable to AI automation, and high rate of AI adoption in the country, said Viswanath P.S., managing director and chief executive at Randstad India. «There are a lot of KPOs and BPOs in India where employees work on several operational tasks that AI can potentially take over. We must also consider that AI adoption in India is among the fastest in the world,» said Viswanath. «These employees must be thinking about future-proofing their careers through continuous learning, as they prepare for potentially unexpected AI interventions,» he said. The Q3 2023 Randstad work monitor edition focuses on workers' skilling demands and AI.

₹14 trillion in investor wealth. The FPI positioning is being viewed as a sign of more weakness by market analysts. The benchmark Nifty index fell 4.8% from 19,811.5 on 17 October to 18,857.25 on 26 October as fears grew over the Israel war widening and US bond yields hitting 16 year highs.

German government and Siemens Energy to strike a deal over around 15 billion euros ($15.9 billion) in guarantees for the power equipment firm continued over the weekend, according to two people familiar with the matter. Shares in the company, which was spun off from former parent Siemens in 2020, fell as much as 39% to a record low last week after the discussions became public, the latest blow after the company unveiled major quality issues at its wind turbine unit Siemens Gamesa. The sources in this story declined to be identified due to the sensitivity of the matter. Here are answers to the most pressing questions: Is this a government bail-out? No.

(Reuters) — Talks between the German government and Siemens Energy to strike a deal over around 15 billion euros ($15.9 billion) in guarantees for the power equipment firm continued over the weekend, according to two people familiar with the matter.

The Solana Foundation is offering a monetary reward of $400,000 to anyone who can identify a code that could potentially halt the Solana network, as revealed by Jacob Creech, Head of Developer Relations at Solana. The announcement came through Creech's Twitter post on 13th October 2023. The bounty is part of Solana's bug bounty program aimed at discovering and rectifying critical vulnerabilities to ensure the network's robustness and security.

On October 15, 2023, the Solana Foundation announced a significant partnership with the Dubai Multi Commodities Centre (DMCC) Crypto Centre, aiming to bolster the Web3 sector in Dubai—a recognized global hub for cryptocurrency and blockchain innovations. This alliance is expected to foster a conducive environment for member companies and developers at the DMCC Crypto Centre, enabling them to expand their projects both technically and business-wise.

Mumbai to make space for Olympic-size swimming pool and sports complex, reported TOI. Brihanmumbai Municipal Corporation (BMC), India's richest municipality has given time till Monday to raise objections on the said project.

₹5,000 crore. This assumes that only 17% of all such deliveries are medically necessary, with the rest adding up to extra costs. It takes into account the costs of C-sections indicated in the National Sample Survey 75th round for 2017-18 (i.e., ₹16,475 higher than a natural childbirths in rural areas and ₹19,548 higher in urban settings).

Whitehaven Coal’s purchase of two coking coal mines from BHP and its partner, Japan’s Mitsubishi, for $US3.2 billion ($5 billion) will push earnings per share up 93 per cent by 2025, according to brokers at Citi.

₹4.25 crore and ₹1.5 crore respectively. Also read: Leo vs Jailer box office collection: Thalapathy Vijay or Rajinikanth, who's winning? According to industry tracker Sacnilk, 12th Fail raked in a total of ₹3.62 crore net in India in two days while Tejas raked in ₹2.56 crore in India in two days of its release.

A recent survey conducted by Sukoon Health has shed light on the perceptions, awareness, and experiences of mental health care in India. With 70% of respondents affirming the importance of diagnosing and treating mental health conditions, the findings signal a significant shift in societal attitudes towards mental well-being. This growing understanding, catalyzed by initiatives like Mental Health Awareness Month, underscores a collective recognition that mental health is as vital as physical health.

BJP MP Nishikant Dubey, who had accused Trinamool Congress (TMC) MP Mahua Moitra of «asking questions in the Lok Sabha in exchange for cash and gifts,» has leveled fresh allegations on TMC MP. Dubey has raised concerns about Moitra's willingness to engage in media interviews while avoiding her scheduled appearance before the Ethics Committee, originally slated for October 31. In response to Moitra's media interactions, Nishikant Dubey expressed his decision to abstain from engaging with the media to uphold the Parliament's dignity.

coastal enclave stopped working. Rumours soon spread that Israel had begun a ground invasion of the territory. A terse statement from the army confirmed that ground operations were “expanding" but offered no other details.

Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are both tax-related concepts in India, but they serve distinct roles in the tax collection process. Both TDS and TCS represent vital tax mechanisms in India, contributing to the effective collection of taxes by the government. Businesses and individuals who grasp and adhere to TDS and TCS regulations play a crucial role in facilitating punctual and precise tax payments.

insurance (BFSI) sectors, the topline grew 2% and profits were up 45.6%. The analysis covered 446 BSE-listed companies (including 82 banking and financial services firms) that had declared their results by Friday (27 October) and whose data was available on Capitaline’s database.

Sheikh Hasina and calling for a free and fair vote under a caretaker government. Police fired tear gas and rubber bullets as clashes erupted when tens of thousands of supporters of the opposition Bangladesh Nationalist Party (BNP) gathered in the capital Dhaka, chanting slogans against the government. Dozens of vehicles, including police vans and ambulances, were set on fire, police and media said.

inflation picked up along with consumer spending as the third quarter drew to a close, government figures showed ahead of the Federal Reserve’s penultimate policy meeting of the year. Consumer price growth also gathered pace in Tokyo, an indicator of nationwide inflation. Bank of Japan officials also meet next week, as do Bank of England policymakers.

Gujarat BJP President CR Patil, on Sunday, flagged off the 'Kalash Yatra' from Gujarat's Gandhinagar during which 75 'Kalash' (earthen pots) with soil collected from different villages of the state, left for the national capital on electric vehicles, as part of the 'Meri Mati Mera Desh' programme. «For the conclusion ceremony of the Amrit Mahotsav, PM Modi gave the 'Meri Maati Mera Desh' campaign to the country. A pinch of soil or rice was collected from the homes of the Bravehearts in every village of Gujarat and those 'Khumbh' were brought to Ahmedabad», said CR Patil while speaking to reporters.

Here’s one for investors on the hunt for potential bargains in the battered biotech sector.

Vale of Glamorgan, a frenzy of pumpkin picking has emerged as a lucrative Halloween tradition, all thanks to the power of social media. With an astonishing 100,000 pumpkins cultivated in the region, at least five farms are now offering an exciting «pick-your-own» experience. The pumpkin-picking phenomenon isn't just about carving jack-o'-lanterns; it's also a booming business, with some farmers claiming to earn up to £30,000 per acre by embracing this seasonal trend. One of the farmers, Phil Handley, who runs the Mostyn Kitchen Garden, expressed his enthusiasm for this profitable venture: «It's a great earner and always very lucrative.