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Aye for AI, but some fear too

Financial Express Mumbai

|

February 22, 2026

Al-related innovation may cause job displacement, especially white-collar work

Hon’ble prime minister is right that Al will open the doors to the future and fortune. But there is also fear that jobs will be lost.

Routine and repetitive jobs such as ticket issuers and checkers, bus and train conductors, rail signal persons, traffic police officers, stenographers and typists, tourist guides, translators, lab technicians, bank tellers, private tutors, etc may vanish. Microsoft’s CEO said that many tasks in white collar jobs will be automated. The company axed thousands of jobs in 2025. Tata Consultancy Services announced in 2025 that it would ‘let go’ of more than 12,000 employees as part of a restructuring exercise. Mr Vinod Khosla predicted that AI could eliminate IT services and BPO firms could almost disappear within the next five years.

MÁS HISTORIAS DE Financial Express Mumbai

Financial Express Mumbai

Finding the sweet spot

RAPIDO HOPES TO REPLICATE ITS RIDE-HAILING SUCCESS IN FOOD DELIVERY. CAN IT?

time to read

3 mins

February 25, 2026

Financial Express Mumbai

Govt, PSUs set to mop up ₹1.79L cr via equity sales

IPOS and FPOs of state-run railway firms to fetch ₹84,000 crore

time to read

1 mins

February 25, 2026

Financial Express Mumbai

Intelligence can't be the edge for firms, says Rohan Murthy

INTELLIGENCE CANNOT BE the competitive advantage for companies anymore, Rohan Murthy, founder & CEO, Workfabric AI said on Tuesday.

time to read

1 min

February 25, 2026

Financial Express Mumbai

Air India glitches at 14-mth high

TECHNICALINCIDENTS SUCH as engine oil and fuel leaks affecting Air India flights reached their highest rate in at least 14 months in January, a company document shows, underscoring growing strain on the carrier’s revamp ambitions.

time to read

1 min

February 25, 2026

Financial Express Mumbai

Powergrid gets equity headroom of ₹7,500 cr

IN A MAJOR policy push to strengthen India's transmission backbone for the clean energy transition, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Tuesday approved enhanced delegation of powers to Power Grid Corporation, raising its permissible equity investment limit from ₹5,000 crore to ₹7,500 crore per subsidiary, while retaining the existing cap of 15% of the company's net worth.

time to read

1 mins

February 25, 2026

Financial Express Mumbai

US operationalises 10% global tariffs

INDIAN PRODUCTS CLEARING US customs from Tuesday onwardswill be subject to 10% duties instead of 50% when the contracts were negotiated, opening doors for some kind of arelief even for cargoes on seas.

time to read

2 mins

February 25, 2026

Financial Express Mumbai

IDFC First Bank repays ₹583 crore to Haryana govt

IDFC FIRST BANK on Tuesday said it has repaid ₹583 crore, including principal and interest, to relevant departments of the Haryana government following the fraud reported at one of its branches.

time to read

1 min

February 25, 2026

Financial Express Mumbai

FDI, gig worker norms in focus for e-comm

REGULATORY AMBIGUITY AROUND FDI norms and the impending rollout of gig worker welfare rules are emerging as key fault lines for the e-commerce sector, according to industry stakeholders.

time to read

1 min

February 25, 2026

Financial Express Mumbai

Trai backs sale of all available spectrum

THE TELECOM REGULATORY Authority of India (Trai) on Tuesday recommended that all available spectrum across bands ranging from 600 MHz to 26 GHz be put on the block.

time to read

1 mins

February 25, 2026

Financial Express Mumbai

Citrini's AI scare drives IT index to a 30-month low

Tech index in bear territory with fall of 22% since Feb 4

time to read

2 mins

February 25, 2026

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