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Subscribe to enjoy similar stories. The U.S. debt market shrugged off a report Monday that China urged its banks to cut their exposure to U.S.

Subscribe to enjoy similar stories.A 42-year-old client says he is in a constant state of transition. “In my 20s and 30s, I felt I had to give everything to my work so that my business could settle. Now, in my 40s, I’m caught between caregiving for my unwell parents and trying to develop a sturdy relationship with my teenage children.

Subscribe to enjoy similar stories.“Compassion,” the preacher proclaimed, is “mercy in action,” adding: “I can also show you one small rhetorical tweak that guarantees even your densest congregant won’t miss the point.”As it happens, the preacher is an online comedian named Louisa Melcher, and the sermon is one of her skits. But the comedy is less funny when one realizes that artificial intelligence is already slipping into pastoral work.“AI is a remarkable tool for synthesizing 2,000 years worth of Catholic thought and tradition,” says the Rev.

Subscribe to enjoy similar stories.As boos rang out among the audience of University of Central Florida (UCF) graduates, commencement speaker Gloria Caulfield turned to the faculty staff behind her to ask what had happened. Then it dawned on her: She had mentioned artificial intelligence (AI).The real estate executive pressed on. “Only a few years ago,” she said, “AI was not a factor in our lives.” When that statement was greeted with loud cheers, Caulfield said: “We’ve got a bipolar topic here, I see.”For any commencement speaker in 2026, no conversation about the future could be credible without mentioning AI.

Subscribe to enjoy similar stories.In 2013, Shelby Van Pelt, a former financial consultant, took a writing class at Emory University, Atlanta , where one of her assignments involved composing a story from an unusual point of view. She picked an octopus for the exercise, a wise and droll protagonist she wanted to call Marcus Aurelius after the great Roman emperor who lived in 121-180 CE.“Based on feedback from my critique partners, I eventually mashed up his name to Marcellus,” Van Pelt says on a video call from her home in Chicago.

Subscribe to enjoy similar stories.The Trump administration spent months demanding the Federal Reserve cut interest rates. This week, two people with close ties to the White House said waiting to move makes some sense.Federal Reserve Governor Stephen Miran, speaking at an economic forum in Washington, D.C., said Thursday he is reconsidering his rate cut outlook for the year, trimming his projection from four cuts to potentially three and acknowledging the inflation picture had become more complicated even before war with Iran began.The remarks came just days after Treasury Secretary Scott Bessent also took a slight turn from his earlier stance on monetary policy.Cuts should come eventually, Bessent said at a Washington conference, but waiting for clarity on the Iran situation makes sense.

₹32,100 crore in March, rising 8% month-on-month. But this hasn’t been enough to mask the fact that net inflows into equity schemes have slipped year-on-year in FY26 against a growth in FY25.Now, it’s not as if inflows typically spike in March, as it is the last month of a financial year. Note that SIP inflows in March have been flat month-on-month in FY25 and FY24.

Elon Musk has predicted that in 10 to 20 years, work will become optional. He has done this umpteen times—in response to a New York Times article about Amazon, at a US-Saudi investment forum, in a conversation with Zerodha’s Nikhil Kamath, at Viva Technology 2024 in Paris and the 2023 AI Safety Summit in Bletchley Park.

₹5,191.06 crore redemption, small-cap funds saw inflows of ₹3,881.06 crore in February, prompting fund houses to launch new schemes and reopen existing ones.The opportunity is real, but so are the risks. Experts warn that low liquidity, stretched valuations, and governance weaknesses can turn potential gains into sharp losses.“The runway is huge and positive, but the interim perils are also real,” remarked Harsh Gupta Madhusudan, fund manager-PIPE, Ionic Asset.Following this renewed interest, ICICI Prudential Mutual Fund reopened subscriptions to its Small Cap Fund in January, Groww Mutual Fund launched a new small-cap scheme around the same time.

The Reserve Bank of India’s (RBI) balance sheet shows that the amount of government paper (including treasury bills) held as on 28 February was ₹21.34 trillion. It was ₹15.58 trillion in March 2025. With RBI’s recently announced open market operations (OMOs), which will probably continue this month, the amount will only increase.

Mint examines how events in Iran will unfold and their implications for India and the rest of the world.Late on Saturday, the US and Israeli forces launched ‘Operation Epic Fury’—a massive military operation that not only killed Iran's supreme leader Khamenei but also 40 senior officials, disrupting the Islamic Republic’s command and control. The strikes happened across 24 of Iran’s 31 provinces. Iran retaliated by firing missiles and drones into Israel and other Arab states in the region.

The recent Artificial Intelligence (AI) Summit in New Delhi has brought home the remarkable pace at which AI is changing the way we live and work. The jury is still out on whether an AI-led society would be utopian or dystopian. Meanwhile, we need to reset our thinking on many issues.

India’s digital public infrastructure story has been remarkable. The Unified Payments Interface (UPI) made digital payments a habit. CoWin demonstrated population-scale tech execution during a crisis.

Subscribe to enjoy similar stories. NEW DELHI : India’s technology outsourcing services are likely to “die out" over the next five years, as artificial intelligence automates most software programming and quality engineering tasks, according to Vinod Khosla, founder of Khosla Ventures and early-stage investor in OpenAI—the world’s most valuable AI startup.

Subscribe to enjoy similar stories. Last Thursday, when Rahul Gandhi was railing against the government, I was reminded of Manmohan Singh. Though the Lok Sabha chair scuttled Rahul’s allegations, let me elaborate on this scenario by illustrating incidents related to Singh.

Subscribe to enjoy similar stories. A photo last month of Japanese Prime Minister Sanae Takaichi wearing a bright electric blue outfit and playing the drums alongside Korean President Lee Jae Myung is only one of many of Japan’s prime minister to go viral. The image is also remarkable because Korea and Japan have long had a strained relationship.

Subscribe to enjoy similar stories. Federal Reserve governor Lisa Cook sees a greater threat to the economy from elevated inflation than from a weakening labor market, a stance that suggests she could be skeptical of supporting a return to rate cuts.

Subscribe to enjoy similar stories. UBS has said it wants to bring greater transparency to Switzerland’s dark chapter helping the Nazis in World War II. In Brooklyn federal court, UBS has a different message for the Jewish organization that asked for the Credit Suisse probe in 2020, the Simon Wiesenthal Center.

Subscribe to enjoy similar stories. The macroeconomic numbers for India’s economy would be the envy of others. Quarterly growth has been showing steady upward momentum and inflation is ruling at remarkably low levels.

Subscribe to enjoy similar stories. Indian agriculture has shown remarkable resilience in the face of growing climate risks. The sector, which employs about 46% of the workforce, has seen overall production rise but also a sharp slide in crop prices.

Subscribe to enjoy similar stories. More than three decades ago, the legendary Warren Buffett returned a call to a fact-checker, explaining what he meant when he used the term “elephant-bumping affairs." Buffett was gently deriding talkathons such as the World Economic Forum (WEF) and CEO summits hosted by business magazines. I was then working for Fortune magazine in New York and was the fact-checker Buffett called.