‘Sooner or later…’: Paytm founder sees impact of AI on jobs as ‘inevitable’; says artificial intelligence will also create new roles

[ad_1] The impact of artificial intelligence (AI) on jobs is “inevitable”, according to Paytm founder Vijay Shekhar Sharma, who said AI will become part of routine business processes sooner rather than later. “Sooner or later we will have to start using AI as an employee or even as a CFO,” Sharma said at an AI-focused…

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VinFast India expansion: EV maker signs 13 dealer pacts, targets 35 showrooms by 2025-end across 27 cities

[ad_1] VinFast Auto India, the domestic arm of Vietnam-based electric vehicle manufacturer VinFast, on Saturday announced that it has signed agreements with 13 dealer groups to open 32 dealerships across 27 cities. The company aims to expand this footprint to 35 dealerships by the end of 2025, according to a statement.The move is part of…

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US tariffs: Mexico calls Trump’s 30% duties ‘unfair’; EU warns of supply chain disruption

[ad_1] European Commission President Ursula von der Leyen and Mexican officials have both hit back at US President Donald Trump’s latest threat to impose 30% tariffs on their exports starting August 1. While the European Union has reiterated its commitment to negotiations, Mexico has rejected the move outright, calling it “unfair” and unacceptable. Trump made…

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Excise policy protest: Maharashtra bars, permit rooms to shut on July 14; Industry body calls tax hikes ‘draconian’

[ad_1] More than 20,000 bars and permit rooms across Maharashtra will observe a one-day bandh on July 14 to protest what the hospitality sector has called “draconian” tax hikes by the state government, the Indian Hotel and Restaurant Association (AHAR) said on Saturday.The association said the shutdown is aimed at opposing multiple tax increases imposed…

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Trade worry: Sri Lankan exporters flag 30% proposed US tariff; Apparel, rubber sectors may take hit

[ad_1] Sri Lankan exporters have expressed concern over a proposed 30 per cent tariff on goods entering the US, warning that the hike could severely impact key export sectors including apparel and rubber products.The Exporters Association of Sri Lanka (EASL) on Friday urged the government to step up negotiations with Washington ahead of the August…

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Critical minerals push: India to make rare earth magnets in Hyderabad; G Kishan Reddy says move to cut China reliance

[ad_1] India will begin domestic production of rare earth magnets in Hyderabad in a bid to reduce reliance on Chinese imports and strengthen its position in critical technology manufacturing, Union Coal and Mines minister G Kishan Reddy said on Saturday.Speaking to ANI, Reddy said the Centre has tasked the National Institute for Transforming Science and…

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Festive hiring to jump 20-25% this year; top e-commerce firms to hire over 75,000 staff – check details

[ad_1] Consumer goods firms, retailers, e-commerce platforms and logistics companies have increased their recruitment targets by 20-25% compared to the previous year for the upcoming festive period, anticipating robust sales recovery, according to a senior executives and recruitment specialists.The majority of these positions will be filled by temporary and gig workers, with a major e-commerce…

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No more shortcuts! Roads ministry tightens stricter rules for highway projects; aims to ensure quality, speed

[ad_1] NEW DELHI: The ministry of roads has implemented stricter qualification requirements for bidding on road projects under hybrid annuity model (HAM) and engineering, construction and procurement (EPC) mode. These enhanced criteria aim to ensure superior construction quality of highways and expressways whilst securing timely project completion.The revised guidelines, detailed in a circular from the…

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