Results for "finance"
6 articles found

India's 2026 consumer shift: AI agents automate shopping and delivery
Autonomous AI agents are transforming India's digital economy, shifting daily interactions from reactive phone prompts to voice-first actions spanning food delivery, automated finance, and hardware integration.

Indian startups urged to adopt AI, quantum, edge, bio, DeFi by 2026, McKinsey says
Indian founders are racing to own generative AI, quantum, edge, synthetic biology, and decentralized finance stacks—McKinsey’s 2026 Tech Trends shows a $4.5 trillion global GDP boost and a narrowing window to embed these breakthroughs.
Lendingkart Finance slashes losses, but revenue plunge signals strategic pivot
Lendingkart Finance trims its loss by 62% but revenue halved—indicating a strategic pivot that may hurt growth.

FinTech 2026: How Open Banking APIs Are Redefining Personal Finance in India
India’s open‑banking rollout turns fragmented fintech into a unified marketplace, letting startups plug into bank APIs in days and giving regulators real‑time audit trails for every data request.

Young Hedge Fund's AI Ambition Ends in Catastrophic Loss and Portfolio Sell-Off
The recent downfall of Situational Awareness, a hedge fund founded by a 24-year-old former OpenAI employee, serves as a stark reminder of the dangers of hubris and overextension in the world of high-stakes finance.

Income above Rs 100 crore reported by 576 Indians in FY26, a 40% increase from FY25.
The number of people reporting an annual income of more than Rs 100 crore increased by 40% between FY25 and FY26, according to data presented by the Ministry of Finance in the Lok Sabha on Monday.