LinkedIn CEO Ryan Roslansky warns of significant job market disruption due to AI, highlighting Amazon's workforce reductions as a sign of broader changes. He advises workers to embrace uniquely human skills like communication and collaboration to differentiate themselves.
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Amid escalating conflict between Iran and Israel, numerous Indian nationals, including students and pilgrims, are stranded, facing uncertain and risky returns. Indian embassies are coordinating evacuations, yet communication with some individuals remains difficult, causing immense distress to families back in India. Efforts are underway to provide assistance and facilitate their safe passage through neighboring countries.
Karun Nair's unwavering determination to represent India in Test cricket fueled his daily purpose after being away from the spotlight since 2017. His comeback against England, the same opponent he last faced, feels like a full circle moment.
National Conference president Farooq Abdullah criticized the "dual power structure" in Jammu & Kashmir, blaming it for slow development. He warned that the party might approach the Supreme Court if statehood isn't restored soon. Sajad Lone supported the demand for statehood but criticized the NC's governance and concentration of power within the Chief Minister's Office.
Defence minister Rajnath Singh issued a stern warning to Pakistan, stating that 'Operation Sindoor' is ongoing and any future terror attacks will face severe consequences. He emphasized India's readiness to take action against terrorism, highlighting Operation Sindoor as a message that continued aggression will not be tolerated.
Savings account holders will earn less. State Bank of India, HDFC Bank, and ICICI Bank have reduced interest rates. This follows the Reserve Bank of India's repo rate cut. Other banks like Bank of Baroda and Federal Bank have also revised rates. The changes align deposit returns with the easing interest rate cycle.
A well-maintained Air India Boeing 787 Dreamliner (VT-ANB) crashed in Ahmedabad last Thursday, killing 241 onboard and 34 on the ground. Despite regular monitoring and recent engine overhauls, the cause remains unknown. Air India MD & CEO Campbell Wilson expressed sorrow and commitment to supporting families and investigations.
Following the AI 171 crash, Air India's Boeing 787 flights are experiencing lower demand, leading to cheaper fares compared to competitors on routes to Europe, the UK, the Far East, and Australia. Despite other airlines also using B787s on these routes, passengers are opting for alternatives, including one-stop flights, due to safety concerns.
The ED uncovered 322 bank passbooks linked to mule accounts used to divert government funds under the guise of legitimate transactions related to Delhi classrooms construction. These accounts, opened in the names of laborers, were allegedly used to misappropriate funds exceeding Rs 2,000 crore.
Amidst the Israel-Iran conflict and US airstrikes on Iranian nuclear facilities, oil prices experienced volatility, initially surging before stabilizing. Donald Trump cautioned against escalating prices, fearing it would benefit adversaries. Market anxieties persist due to potential disruptions in global oil supply via the Strait of Hormuz, impacting stock markets worldwide.
Amazon CEO Andy Jassy warned corporate employees about upcoming workforce reductions due to AI-driven "efficiency gains." This announcement sparked internal backlash, with employees expressing concerns about job displacement and over-reliance on AI. Jassy envisions a future dominated by AI agents, but workers question the impact on leadership and the reliability of these systems.