Ajit Jain: Warren Buffett’s trusted executive Ajit Jain buys apartment in Gurugram for Rs 85 crore

[ad_1] A 7,400 sq ft apartment at DLF The Camellias in Gurugram has been purchased by Berkshire Hathaway’s Ajit Jain. The vice-chairman overseeing insurance operations at Berkshire Hathaway, Ajit Jain, is regarded as one of Warren Buffett’s most trusted associates. The apartment has been bought for around Rs 85 crore, according to sources quoted in…

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‘Civilisational shift’: TCS CEO K Krithivasan encourages AI adoption even if it ‘cannibalises revenue’

[ad_1] TCS) CEO K Krithivasan (File photo) IT giant TCS encourages the use of artificial intelligence by its employees even if it affects their revenue streams, said its CEO, explaining the advantages of the firm’s approach. He described the adoption of AI as a ‘civilisational shift’.Speaking at the annual NTLF event in Mumbai, Managing Director…

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Where to invest Rs 1 lakh right now – gold, silver, stocks, mutual funds? 7 wealth and fund managers decode the correct mix

[ad_1] We asked 7 wealth and fund managers from leading brokerages for where investors should invest Rs 1 lakh right now. (AI image) Wealth creation can seem intimidating for many – where should you put your money for steady returns over short-term, medium and long term? In today’s world of heightened uncertainty, the question becomes…

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How Venezuela is chartering very large crude carriers – with focus on boosting oil exports to India

[ad_1] Before US sanctions were imposed in 2019, India was the third-largest importer of Venezuelan crude. (AI image) Venezuelan crude oil flows to India again: Trading firms and purchasers of Venezuelan crude have started hiring very large crude carriers to move oil from the South American country for the first time since a supply arrangement…

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Job losses due to AI: US Fed gov Cook has important observation; says unemployment could rise in short-term

[ad_1] Federal Reserve governor Lisa Cook on Tuesday (local time) cautioned that artificial intelligence is beginning to reshape the US labour market in ways that could further push unemployment rates higher and limit how effectively the central bank can respond with interest rate cuts.Speaking in remarks for a national association for business economics conference, Cook…

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Gold price prediction today: Will gold, silver be able to hold on to gains this week? Here’s the outlook

[ad_1] Positive outlook persists for precious metals for medium to long terms. (AI image) Gold price prediction today: Gold prices are moving up but the lack of any major positive catalyst may limit the upside this week, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Bullions prices started the current…

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Asian stocks today: Markets trade in green after Wall Steet’s strong rally; Nikkei jumps over 2% to record highs

[ad_1] Asian stocks traded in green on Wednesday, mirroring Wall Street’s gains and sustained enthusiasm around the artificial intelligence boom. Investors also kept close eye on US President Donald Trump’s State of the Union address, delivered during Asian trading hours. In Japan, Nikkei benchmark index touched a fresh record, leading the positive mood across the…

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