Category : Search result: financial sector AI risks


IIP growth slows to 0.4% in October 2025

India's industrial output growth decelerated sharply to 0.4% in October 2025 from 4% in September, as fewer working days due to festivals impacted production. Read the full sectoral breakdown.

UK Bank Stocks Jump as Tax Hike Fears Ease

UK lenders including Barclays and Lloyds surged 3% after reports Chancellor Rachel Reeves won't raise bank taxes in Wednesday's budget. Banks urged to endorse economic plans.

SitusAMC Data Breach Affects Major US Banks

Major American banks including JPMorgan Chase and Citigroup assess data breach impact after SitusAMC cyber attack. FBI investigating the financial sector security incident.

Manufacturing Key to Services Growth: EAC-PM

EAC-PM Chairman S Mahendra Dev emphasizes the symbiotic link between manufacturing and services for India's growth, countering arguments for a singular focus on services.

Manufacturing vital for services sector growth: EAC-PM

EAC-PM Chairman S Mahendra Dev emphasizes the symbiotic relationship between manufacturing and services, defends manufacturing growth, and discusses formalization and inclusive growth for Viksit Bharat.

AI Bubble Risk: Taxpayers May Face Bailout Burden

As AI becomes essential in healthcare, education and finance, taxpayers could face massive bailout costs if the AI bubble bursts, mirroring the 2008 financial crisis. Learn about the risks.

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