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The big number: $165,000 - The Economic Times
Economic Times
·
7d ago
Medial
AI is transforming the tech job market by reducing demand for entry-level coders, as AI tools can quickly generate code. This change is leading to higher unemployment among computer science graduates, who are shifting focus to AI-related roles. Companies and governments are investing in AI training, recognizing it as the future of tech employment. Many tech companies, like Microsoft, are increasing their investment in AI education to adapt to the changing job landscape.
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Goodbye, $165,000 tech jobs, student coders seek work at Chipotle - The Economic Times
Economic Times
·
12d ago
Medial
The once-promising career path of computer science is facing challenges as tech layoffs and AI tools reduce job opportunities. Enrollment in computer science soared due to high salaries and perks, but AI tools and job cuts at major tech companies have dimmed prospects. Unemployment rates for recent computer science and engineering graduates are notably higher than for other fields, shifting focus to AI training. Initiatives are now emphasizing AI education to adapt to industry changes.
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IPO fundraising up 45% to Rs 45,350 crore despite global trade headwinds - The Economic Times
Economic Times
·
1m ago
Medial
In the first half of 2025, IPO fundraising in India surged by 45% to Rs 45,350 crore, despite global trade issues and macroeconomic challenges. However, the number of IPOs fell to 24, indicating larger average deal sizes. Key IPOs included HDB Financial Services and Hexaware Technologies. Experts remain cautiously optimistic for the second half, expecting improved economic conditions and sustained market activity. Most funds were used for business expansion and debt repayment.
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Big Tech's ride to the right: Sam Altman says he doesn't align with Democratic party anymore - The Economic Times
Economic Times
·
1m ago
Medial
OpenAI CEO Sam Altman declared himself "politically homeless," distancing from the Democratic Party and emphasizing a commitment to techno-capitalism and innovation. Altman argues the Democratic Party no longer aligns with promoting innovation and widespread wealth distribution. Many tech leaders have reportedly shifted right, favoring economic incentives offered by Republicans. The Biden administration's stance on Big Tech regulation has contributed to disenchantment among tech CEOs. Altman advocates for prosperity inclusive of technological advancements for all.
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Ladli Behna Yojana instalment amount increased to Rs 1,500: How to check Ladli Behna Yojana instalment status - The Economic Times
Economic Times
·
15d ago
Medial
Madhya Pradesh's Chief Minister Mohan Yadav announced an increase in the Ladli Behna Yojana monthly assistance to Rs 1,500 starting from Bhai Dooj. This scheme, aimed at women's economic self-reliance and health improvement, benefited over 1.26 crore sisters, who received the increased amount on August 7, 2025. Eligible married women who meet specific criteria can check their payment status online using their application number or Samagra ID.
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Ecological rules are economic guard rails - The Economic Times
Economic Times
·
2m ago
Medial
The Supreme Court invalidated a provision in the 2020 Environmental Impact Assessment (EIA) Regulations that allowed regularization of environmental norm violations, reinforcing the need to prioritize ecological well-being over economic activities. This decision aims to align environmental regulations with economic development, urging the government to establish a transparent system addressing violations. Increasing non-compliance costs can discourage breaches, ensuring ecological sustainability complements economic growth and regulatory certainty, crucial for investment and development.
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5G users consume 3.6 times more data than 4G users
Livemint
·
1y ago
Medial
India currently has 131 million 5G users, who are consuming 3.6 times more data than when they had 4G connectivity. This number is expected to rise to 575 million in the next two years. The transition from 4G to 5G has been swift, with the number of 4G subscribers decreasing while the number of 5G users continues to grow. Telcos have already established 5G networks across the country, accounting for 14.8% of data traffic. The 5G device ecosystem is also expanding rapidly, with 17% of active 4G devices now being 5G capable.
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Global economy is fragile, handle with care - The Economic Times
Economic Times
·
1m ago
Medial
The global economy faces increased uncertainty from trade disruptions, declining productivity, and fragile public finances. As detailed by the Bank for International Settlements, addressing these issues requires comprehensive reforms, including boosting economic growth, managing public debt, and enhancing financial regulations. Policymakers must focus on maintaining stability, removing trade barriers, and reinforcing structural reforms to sustain economic resilience. Trust in central banks and consistent policy actions is essential for securing a stable and prosperous economic future.
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Network fee on Big Tech not a viable solution to boost EU digital rollout, EU says - The Economic Times
Economic Times
·
23d ago
Medial
The European Commission believes imposing a network fee on Big Tech isn't viable for funding 5G and broadband rollout, despite pressure from major telecoms. Telecom companies like Deutsche Telekom and Orange argue Big Tech should share costs since they generate significant internet traffic. However, Big Tech resists, calling it an "internet tax." A forthcoming EU legislative proposal, the Digital Networks Act, aims to enhance digital infrastructure without network fees, taking a comprehensive approach.
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India joins UN committee on Big Data for official statistics
YourStory
·
7m ago
Medial
India has joined the UN Committee of Experts on Big Data and Data Science for Official Statistics, highlighting its commitment to using data for informed decision-making. This membership enables India to align domestic advancements with global standards in Big Data, showcasing its leadership. By integrating non-traditional data sources, India aims to modernize statistical processes, enhance accuracy, and provide real-time insights for policy-making, addressing socio-economic challenges and improving governance.
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China's Baidu misses quarterly revenue estimates - The Economic Times
Economic Times
·
3d ago
Medial
Baidu's quarterly revenue dropped 4% to ¥32.71 billion, missing projections, as China's economic challenges hindered advertising demand. The core advertising segment saw a 15% decline due to lower corporate spending. The company’s AI cloud business mitigated some losses, yet shares fell 2% premarket. Overall economic issues in China, including a downturn in the property market and weak consumer demand, contributed to a reduction in Baidu's advertising revenue, straining their financial performance.
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