Nirmala Sitharaman: ‘Need something far more versatile’: FM Sitharaman flags AI cyber risks amid Anthropic ‘Mythos’ concerns

Nirmala Sitharaman: ‘Need something far more versatile’: FM Sitharaman flags AI cyber risks amid Anthropic ‘Mythos’ concerns

File photo: FM Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Thursday urged banks to strengthen cybersecurity systems and adopt a more proactive approach to tackle emerging threats linked to advanced artificial intelligence models, particularly amid concerns over Anthropic’s “Claude Mythos”.Chairing a high-level meeting with bank chiefs alongside IT minister Ashwini Vaishnaw, Sitharaman directed lenders…

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Stock Market Today Live Updates: Sensex crashes over 1,000 points; Nifty50 goes below 23,900 as crude oil prices rise; US-Iran impasse continues

Stock Market Today Live Updates: Sensex crashes over 1,000 points; Nifty50 goes below 23,900 as crude oil prices rise; US-Iran impasse continues

The sharp rise in global crude prices following the US-Iran conflict has sparked a surge in retail participation in India’s oil derivatives market, leading to a substantial increase in futures and options trading on domestic exchanges. Trading volumes in crude oil futures on the Multi Commodity Exchange of India rose dramatically in March. Average daily…

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Hair oil, ACs, soaps become costlier: How FMCG companies are dealing with Middle East supply blow

Hair oil, ACs, soaps become costlier: How FMCG companies are dealing with Middle East supply blow

Consumer goods companies in India are facing a sharp rise in input costs due to the ongoing war in the Middle East. Surging raw material prices are forcing firms to track costs on a near-daily basis, review pricing frequently, and focus on short-term decisions instead of long-term planning.As firms are struggling with volatile input costs,…

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Infosys eyes 1.5-3.5% growth in FY27, Q4 headcount down

Infosys eyes 1.5-3.5% growth in FY27, Q4 headcount down

BENGALURU: Infosys shares fell 6% in early NYSE trade after the company forecast broad-based revenue growth of 1.5% to 3.5% for FY27, while maintaining that underlying demand remains resilient despite geopolitical uncertainty. Its operating margin guidance remains unchanged at 20%-22%.For the March quarter, revenue grew 4.1% year-onyear in constant currency but declined 1.3% sequentially. In…

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Gold, Silver Rate Today Live Updates: Gold prices on track for weekly decline as oil prices continue to rise

Gold, Silver Rate Today Live Updates: Gold prices on track for weekly decline as oil prices continue to rise

Manoj Kumar Jain of Prithvi Finmart told ET that he expects gold and silver prices to remain highly volatile during today’s trading session. He attributes this to ongoing movement in the dollar index, fluctuations in crude oil prices, and lingering uncertainty surrounding a potential peace agreement between the United States and Iran. For gold in…

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