Latest News, Updates & Breaking Headlines
Goldman Sachs CEO David Solomon says the bank will keep hiring thousands of interns and graduates despite AI fears, pushing back on warnings of an entry-level jobs apocalypse on Wall Street. Speaking on Bloomberg’s Odd Lots podcast, Solomon said out-of-school hiring may “contract a little” over three years, with 2,400 to 2,500 interns joining this…
Israeli soldiers open fire at car in West Bank; 7-month-old infant dies (Image source: AFP) A seven-month-old Palestinian baby was killed and his parents injured after Israeli troops opened fire on their family vehicle in the Tel Rumeida area of Hebron in the occupied West Bank, according to the child’s family and Israeli authorities.The infant,…
Thiruvananthapuram: CPM cried foul over summons issued to senior CPM functionaries in connection with Karuvannur Cooperative Bank scam. CPM state secretariat in a statement here on Saturday said BJP was engaged in a political witch-hunt against CPM.PMLA court has issued summons to CPM central committee member and MP K Radhakrishnan, state committee member and MLA…
NEW DELHI: The Karnataka high court has ruled that BSNL is liable for losses caused by SIM swap fraud after one of its officials issued a duplicate SIM card without authorisation, enabling cybercriminals to drain over Rs 87 lakh from a cooperative bank’s account through fraudulent online transfers.Justice Suraj Govindaraj, while deciding two writ petitions…
NEW DELHI: Amid confusion among candidates following the launch of the system earlier this week, CBSE Wednesday clarified that students applying for verification and re-evaluation of Class XII answer sheets do not need to hold accounts with State Bank of India, Canara Bank, Bank of Baroda or Indian Bank for payments on board’s online portal….
MUMBAI: Interest in India remains undiminished despite near-term volatility, according to Vikram Sahu, India CEO and country executive at Bank of America.“Corporate interest remains strong and unchanged in its conviction,” Sahu said, adding that strategic investors continue to take a long-term view of India, drawn by its scale, growth prospects and governance framework.Investor sentiment is…
Vikram Sahu, India CEO and Country Executive, Bank of America, hosted the bank’s investor conference in India with foreign institutional investor participation rising 20% from the previous year. According to Sahu, despite the short-term challenges interest in India remains undiminished.Q. With the monetary policy committee meeting around the corner what do you expect from the…
America’s largest bank JP Morgan CEO Jamie Dimon recently said that the bank plans to hire more artificial intelligence specialists as the adoption of technology accelerates. Speaking at the bank’s China Summit in Shanghai with Bloomberg, Jamie Dimon said “I think it will reduce our jobs down the road”, adding “There will be all different…
The Reserve Bank of India’s Monetary Policy Committee (MPC) begins its three-day meeting on Tuesday amid growing inflation concerns, with a majority of economists and treasury heads expecting the central bank to keep interest rates unchanged this week while signalling a tighter stance later in the financial year, PTI reported.The six-member MPC, headed by RBI…
NEW DELHI: The district consumer commission, Thrissur, has held the Central Bank of India liable for losing an original Pattayam (land title document) deposited as security for an agricultural loan, observing that the bank’s negligence restricted the property owner to fully exercise her rights over the land.The commission directed the bank to pay Rs 2.5…
