RBI’s inflation-forecast model under increasing scrutiny amid record-low numbers| Business News

The Reserve Bank of India’s inflation forecasting model is coming under increasing scrutiny from economists after the central bank consistently overestimated price pressures this year, contributing to a hawkish policy approach. With India’s inflation remaining soft, the RBI likely missed an opportunity to take pre-emptive action in August and October, PMEAC member Soumya Kanti Ghosh […]

Google debuts Gemini 3 AI model that can ‘read the room’ with interactive answers| Business News

Alphabet Inc.’s Google debuted an updated version of its AI model Gemini that executives said represents a “massive jump” in reasoning and coding ability. As part of the Gemini 3 rollout and in this push for growth, Google will be offering US college students Gemini Pro for free for a year. (Unsplash) The new model, […]

Amazon layoffs is said to impact 800-1,000 jobs in India as AI upends work model| Business News

The Amazon layoffs can result in 800-1,000 job cuts in India, ET reported on Wednesday, as the US-based e-commerce firm taps AI to reduce overheads. In all, Amazon is planning to replace and/or avoid 600,000 US jobs by 2027. (AFP) The Amazon India layoffs would span functions—including finance, human resources and technology, ET reported citing […]