After San Francisco, Amazon chooses Hyderabad for permanent AWS Builder Loft for students, tech developers

Last week, four major firms experienced a significant market valuation increase of over Rs 92,000 crore, with HDFC Bank and Bharti Airtel leading the charge. Despite benchmark indices Sensex and Nifty dipping slightly and breaking their winning streak due to geopolitical tensions and escalating crude oil prices, the markets managed to recover some of those…

Thangamayil Jewellery shares fell 5%, extending their one-week decline to 32%, after the company said it saw no visible improvement in sales during the first 28 days of Q2 FY27. The jeweller attributed the weakness to higher import duty, rupee depreciation, geopolitical uncertainty and continued customer reluctance amid expectations of lower gold prices.

Reserve Bank governor Sanjay Malhotra stressed human accountability for AI decisions. Banks must ensure technology supports human judgment, not replaces it entirely. Meaningful human oversight is crucial from the AI design stage. Cyber security and model bias present significant risks for lenders. Banks must maintain an inventory of AI models and governance policies.