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AI upends software economics, raises ‘SaaSpocalypse’ concerns

BENGALURU: A sharp selloff in global software stocks over the past month has reignited a basic question for founders, investors and customers alike: what happens to the economics of software-as-a-service when AI makes building and maintaining software dramatically cheaper?Advances in GenAI, autonomous agents and AI-assisted coding are forcing a rethink of long-held assumptions about SaaS…

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Tejasvi Singh Dahiya: Son of maths and economics teachers, trained in a jungle, and hits sixes for fun | Cricket News

Rejected at last year’s IPL auction, Tejasvi Singh Dahiya rebuilt himself under a harsh, gurukul-style training regime in Bhopal. Son of two schoolteachers and armed with a fearless batting mindset, the Delhi batter’s Rs 3 crore KKR deal now offers him a chance to turn sacrifice, discipline and six-hitting flair into an IPL breakthrough. NEW…

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Tariffs to put ‘America first’: Is Donald Trump spelling doom for US? Economics explained

US President Donald Trump has framed his sweeping tariff policy as essential for protecting American workers and manufacturing, promoting it as a cornerstone of his “America First” agenda.Since returning to office this year, the Trump administration has overseen a historic surge in tariff collections. According to Fox Business, total duty revenue reached $215.2 billion in…

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Veiled jibe at the US? Jaishankar says politics now ‘trumps’ economics; urges India to diversify supply chains for security

File photo: External affairs minister S Jaishankar (Picture credit: ANI) External affairs minister S Jaishankar on Saturday said the world has entered an era where “politics increasingly trumps economics” and stressed that India must continuously diversify supply sources to safeguard national interests. The minister was speaking after receiving an Honorary Doctorate from IIM-Calcutta, reported PTI.“This…

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Nobel prize in Economics: Joel Mokyr, Philippe Aghion & Peter Howitt get award for work on threats to ‘economic stagnation’

Joel Mokyr, Philippe Aghion and Peter Howitt announced as winners The Royal Swedish Academy of Sciences on Monday awarded the 2025 Nobel Memorial Prize in Economic Sciences to Joel Mokyr, Philippe Aghion, and Peter Howitt “for having explained innovation-driven economic growth.” According to the Academy, one half of the prize goes to Joel Mokyr “for…

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