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FPI flows volatile in FY26 as AI-led capital shifts drive equity outflows: Economic Survey

Foreign portfolio investment (FPI) flows remained volatile in FY26, resulting in a net outflow of $3.9 billion as of December 2025, amid heightened global uncertainty and a redirection of capital towards AI-centric markets such as the US, Taiwan and Korea, the Economic Survey 2025–26 said on Thursday, PTI reported.The survey noted that FPIs were net…

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Asian stocks today: Markets driven by AI-led growth; Nikkei jumps 3.4%, MSCI Asia-Pacific rises 0.8%

Representative image (AI) Asian share markets rose on Tuesday, led by a strong rally in Japanese stocks as investors bet on technology and AI-led growth. At the same time, uncertainty over the independence of the US Federal Reserve lifted gold prices and pressured the dollar.Japan’s Nikkei index surged after reopening from a holiday, jumping 3.4%…

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Job seekers use AI for cover letters; employers turn to AI-led interviews — both are equally miserable, here’s why

Turned to artificial intelligence (AI) to help you stand out during the job process, but got rejected in the first round? Or are you a hiring manager who relied on AI to frisk through applications to select the best candidate, but ended up with not what you quite envisioned?The answer lies in the approach itself….

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JPMorgan Chase CEO Jamie Dimon on AI-led job cuts: ‘Learn these skills and you’ll have plenty of jobs’

JPMorgan Chase CEO Jamie Dimon is offering an advice to people who are looking for jobs or worried about displacement even as artificial intelligence (AI) is leading to eliminating certain types of roles in the industry. In a recent interview, the banking titan warned that while AI will definitely “eliminate jobs” but there are certain…

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GCCs reshape India’s tech jobs: Hiring grows four times faster than IT services; AI-led roles drive surge

Representative image made with AI Global Capability Centres (GCCs) are recruiting technology professionals at a rate four times faster than IT services companies, representing the most significant employment transformation in India’s IT sector in ten years.GCCs are increasing their workforce by 18-27% annually, whilst IT services grow at 4-6%, as per TeamLease Digital’s statistics, cited…

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Grid shift: Power minister Manohar Lal Khattar urges DISCOMs to speed up smart distribution; AI-led, consumer-centric systems pitched

India’s power distribution companies need to move faster towards intelligent, reliable and consumer-focused networks, with technology adoption paired with greater consumer engagement, Power Minister Manohar Lal Khattar said on Sunday.Addressing a two-day National Conference on the use of artificial intelligence and machine learning in the power distribution sector at Bharat Mandapam in New Delhi, Khattar…

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US jobs & AI: Donald Trump adviser blames AI-led efficiency for labour market ‘quiet time’; views hiring slowdown as temporary

File photo: Senior Trump administration economic adviser Kevin Hassett (Picture credit: AP) Artificial intelligence could be boosting worker productivity to a level where companies feel less pressure to hire, senior Trump administration economic adviser Kevin Hassett said on Monday. Speaking on CNBC’s Squawk Box, the National Economic Council director said he has noticed “mixed signals…

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Guardrails in place for AI-led commerce: Visa

SINGAPORE: Payments giant Visa is looking to launch agentic commerce pilots across the Asia-Pacific region as regulatory and ecosystem readiness advances by early next year. Agentic commerce refers to a new era where AI-powered agents shop and pay on behalf of users. The company’s Visa Intelligent Commerce (VIC) programme incorporates features like tokenisation, authentication, payment…

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