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deferred a decision on granting another term at its meeting on 24 February. The surprise development came after Noel Tata sought a clear roadmap for the performance of some of the new businesses launched under Chandrasekaran’s watch, including e-commerce, aviation and semiconductors.

Now that Kevin Warsh has been nominated as the next chair of the US Federal Reserve Board, it is worth asking how different a Warsh Fed would be from the current one. President Donald Trump had made it clear that he wants a Fed chair who will push for lower policy rates to juice the US economy and support his broader agenda.

Late last month, the US Department of War labelled Anthropic, creator of the artificial intelligence (AI) system Claude, “a supply chain risk,” and began taking steps to remove it from all use in the department, including by contractors and subcontractors to its roughly $1 trillion annual spending. There are news reports that no company that does work with the Pentagon will be allowed to engage in “commercial activity” with Anthropic. President Donald Trump called Anthropic a “radical left, woke company” that he “fired… like dogs.” OpenAI, the creator of ChatGPT and leading system in the AI race, swooped in within a day.

The fear that artificial intelligence will lead to mass layoffs is spreading. Jack Dorsey, the co-founder of the financial technology firm Block, laid off nearly half of its workforce last week. Citing AI’s labour-saving capabilities, he predicted other companies would soon follow suit: “Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural changes.”As an economist, I disagree with Dorsey’s prediction.

Lenskart, are also entering the fray with smart glasses aimed at real-time translation and contextual assistance.The logic is simple: if traditional smartwatches have become commoditized health trackers, AI-powered wearables could revive demand by becoming what founders describe as a “second brain”, devices that remember conversations, assist with speech, translate in real time and even complete tasks through voice commands.“AI-first wearables have the potential to revive a slowing category by transforming devices from passive trackers into intelligent companions that deliver real time health insights, personalization, and secure authentication,” said Anshika Jain, senior analyst at Counterpoint Research.Market projections reflect that optimism. The AI wearables segment in India generated $1.7 billion in revenue in 2023 and is projected to reach $12 billion by 2030, according to Grand View Research.

At one level, the Supreme Court’s (SC) chastisement last week of political parties and elected governments announcing freebies and direct cash transfers to woo voters ahead of elections might smack of judicial over-reach.Under India’s Constitution, all three arms of the state—the legislature, executive and judiciary—are required and expected to maintain a delicate balance without stepping on each other’s turf. However, a closer look at the object lesson delivered by the apex court to our political class on the long-term cost of such fiscal irresponsibility offers no reason to level that charge.

Subscribe to enjoy similar stories. Anand/Nashik/Ahilyanagar: Vitthaldas Balkisan Asawa, 57, grows sugarcane in Chanegaon village, in Sangamner subdivision of Maharashtra’s Ahilyanagar district. When I ask what has changed in farming, he doesn’t start with the weather or the price of cane.

Subscribe to enjoy similar stories. Last week, Amul launched Sarlaben, an AI-powered digital assistant for dairy farmers in Gujarat. It will benefit over 3.6 million milk producers, most of them women, across more than 18,500 villages.

Subscribe to enjoy similar stories. It was a counterintuitive message that Ganesh Mohan, managing director of Bajaj Finserv Mutual Fund, delivered to a hall of eager investors at the Mint Money Festival 2026. Speaking on 14 February at the NSE Atrium in Mumbai, Mohan focused not on markets or products, but on a relationship that often damages both confidence and capital – the one between investors and their own minds.

Subscribe to enjoy similar stories. Now that US President Donald Trump has chosen Kevin Warsh as his appointee to succeed Jerome Powell as Federal Reserve chair, it is time to take Warsh’s ideas seriously, if not literally. Much of the discussion about Warsh has focused on his interest-rate recommendations, which have swung with the political wind.

Subscribe to enjoy similar stories. SINGAPORE—The company behind TikTok has developed an artificial-intelligence model that can turn a single text prompt into a high-quality video with a story line, scene changes and distinctive characters. The new AI video-creation model from Beijing-based ByteDance is generating buzz in China and a backlash in Hollywood over copyright issues.

Subscribe to enjoy similar stories. OpenAI has cut ties with one of its top safety executives, on the grounds of sexual discrimination, after she voiced opposition to the controversial rollout of AI erotica in its ChatGPT product.

Subscribe to enjoy similar stories. Bharti Airtel Ltd’s consolidated Ebitda for the December quarter (Q3FY26) grew by 4.1% sequentially to ₹30,783 crore. India's mobile services Ebitda crawled up by 2.2% quarter-on-quarter (q-o-q), but the metric for the Africa mobile business rose at a faster rate of 6.8% in constant currency.

Subscribe to enjoy similar stories. Why do we celebrate 26 January? A general survey will present a divided view. Some see it as a routine government event, while others associate it with the nation’s pride and honour.

Subscribe to enjoy similar stories. All over the world, millions of people have been doing something in private that’s now spilling into public spaces, on our sidewalks and in our open-plan offices alike. They’re…talking to their gadgets.

Subscribe to enjoy similar stories. India’s consumer watchdog has cracked down on leading e-commerce platforms for selling unauthorized walkie-talkies without mandatory approvals, citing violations of the Consumer Protection Act, 2019, and telecom laws.

Subscribe to enjoy similar stories. Silicon Valley is filled with all sorts of dreams. But one of those wild-eyed ideas, long debated on subreddits and in hacker houses, is becoming a real-life nightmare: Will the AI boom be the last chance to get rich before artificial intelligence makes money essentially worthless? The argument is that tech companies (and their leaders) will become a class unto their own with infinite wealth.

Subscribe to enjoy similar stories. Boardrooms would have been better places had their inmates paid more heed to Scott Adams, who passed away on Tuesday at the age of 68. Dilbert—the necktie-wearing, cubicle-bound corporate victim, and Adams’s doppelgänger—was all the rage among executives through the 1990s.

Subscribe to enjoy similar stories. The year has started badly for Vladimir Putin. As of Sunday, the war in Ukraine has lasted as long as the Great Patriotic War, as Moscow refers to the Soviet involvement in World War II: 1,418 days.

₹99 here, ₹249 there, ₹1,200 occasionally. These small unauthorized debits, fake subscription renewals, or wrong UPI transfers don’t make headlines, but they quietly erode a family’s monthly surplus.AI has amplified this problem. Scammers no longer rely on clumsy phishing messages.

Jaws, which I remember watching with my eyes closed and ears plugged with fingers. The sharks circled my cage, bumping it, rocking it wildly, battering it so they could get at me. One came close to severing a metal bar and breaking into the cage.