More hirings than firings: Nomura report tests ‘ground zero’; says AI creating more jobs in India than cuts

More hirings than firings: Nomura report tests ‘ground zero’; says AI creating more jobs in India than cuts

India added 83,100 AI-related jobs during the period, compared with 31,921 positions lost through layoffs and attrition. Is artificial intelligence taking away jobs or is it leading to hirings? A new report by Nomura suggests that in India, AI is creating more jobs than cuts. India, long regarded as the global back office for multinational…

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US stock market today: Wall Street rallies as 23,000 job cuts boost hopes of softer Fed policy

US stock market today: Wall Street rallies as 23,000 job cuts boost hopes of softer Fed policy

The weaker-than-expected employment report strengthened expectations that the Federal Reserve could have more room before increasing interest rates to curb inflation. US stock market today: Wall Street stocks traded higher on Friday morning, while Treasury yields declined after government data showed US employers unexpectedly eliminated 23,000 jobs last month.The S&P 500 advanced 0.4%, remaining close…

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‘No hire, no fire’: US employers unexpectedly cut 23,000 jobs - sharp reversal for labour market

‘No hire, no fire’: US employers unexpectedly cut 23,000 jobs – sharp reversal for labour market

Although the unemployment rate of 4.1% marked the lowest level since June 2025, the decline was driven by a contraction in the labour force rather than stronger hiring. (Image for representative purpose only) US employers unexpectedly shed 23,000 jobs last month, while downward revisions by the Labor Department erased a further 103,000 positions from payroll…

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Gold price prediction: Buy on dips the right strategy for gold right now? Check August 7, 2026 outlook

Gold price prediction: Buy on dips the right strategy for gold right now? Check August 7, 2026 outlook

For gold, from a technical standpoint, the 8-period EMA continues to trade above the 21-period EMA, Gold price prediction today: The technical structure for gold is bullish and prices are expected to go up, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.MCX Gold October futures continue to trade with a positive…

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Anthropic and OpenAI’s agents created fake online profiles to target real people

Anthropic and OpenAI’s agents created fake online profiles to target real people

In a sign of worrying artificial intelligence (AI) behaviour, Anthropic and OpenAI’s models have shown a propensity to social engineer their way into getting a result they intend, the UK AI Safety Institute (AISI) has discovered. As part of a routine cyber evaluation, the AISI security team noticed unusual data transfers, which was ultimately identified…

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