Goldman Sachs is integrating AI deeply into its operations, aiming to revolutionize client onboarding, risk management, and more with a new operating model. While CEO David Solomon expresses optimism about AI’s transformative potential and the bank’s strong financial performance, he also candidly warns shareholders about risks like incorrect outputs, data breaches, and external dependencies. Goldman…

As the Middle East conflict continues to boil and oil continues to soar, consumers are growing concerned about the cost of petrol and diesel. State-run oil marketing companies have raised prices of premium petrol variants by more than Rs 2 per litre, while keeping retail rates of regular petrol and diesel unchanged. The hike affects…

Russian President Vladimir Putin (AP photo) Russia on Saturday dismissed reports claiming Moscow had offered a quid pro quo to Washington to halt intelligence sharing with Iran amid the ongoing escalation involving the US and Israel, in exchange for easing pressure in Ukraine.The reports, which also said the United States rejected the proposal, were termed…

Iran’s Hormuz chokehold has reshaped India’s oil purchase pattern, with a sharp drop in Gulf supplies this month pushing refiners towards Russia and smaller producers to keep supplies steady. So far in March, crude imports into the country are down 23% compared to February, according to shipping data and analyst estimates cited by ET. The…