ANALYTICS
Is your HR strategy creating measurable impact? This could be the time to get it recognised
The Economic Times HR Excellence Awards 2027 shine a light on exemplary HR practices within various organizations, teams, and leaders. Encompassing 42 categories, the awards highlight significant accomplishments in realms like HR transformation, talent acquisition, employee experience, and workplace culture, showcasing how effective people strategies can directly enhance business performance.
AI could eliminate up to 70% of manual risk tasks in banks, free capacity for strategic roles: McKinsey
McKinsey said banks could reinvest half of the capacity released through automation into stronger analytical capabilities, strategic risk advisory and faster portfolio decisions. The remaining capacity could be directed towards specialised AI engineering, data governance and platform development.
China's trade surplus surpasses USD 1 trillion for 2nd straight year, as exports surge 35 per cent
China's trade surplus has surpassed USD 1 trillion for the second consecutive year as exports continue to rise significantly. Imports increased sharply in October, contributing to a narrowing of the monthly surplus. The trade situation presents challenges as domestic demand remains sluggish while foreign competition intensifies. Trade discussions are anticipated between the leaders of the US and China amid ongoing global trade tensions.
Enterprise data intelligence platform SplashBI opens GCC in Hyderabad, to invest over $100 million
The company plans to invest over $100 million over the next five to seven years in infrastructure, technology and talent to scale the Hyderabad centre and strengthen its global product engineering and delivery capabilities, a release said.
McKinsey warns AI-driven analysis could slow decision-making, weaken future leadership pipeline
As artificial intelligence evolves, it accelerates business analysis, posing new challenges for decision-makers. The rapid generation of insights can overwhelm leaders, creating strategic risks, as highlighted by McKinsey. Their findings stress that while analysis speeds up, human judgment remains vital for decision-making. To thrive, organizations must enhance their capacity for human oversight, ensuring a balance between AI advantages and critical executive judgment in strategic operations.
56% of global business leaders expect disruptions to severely hit operations: KPMG
A recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations. The report highlights increasing risk exposure, with 70 percent of leaders noting escalated risks in recent years.
Overall, India Inc credit profile looks healthy: Ramnath Krishnan, Icra Group CEO
Corporate India's credit profile has maintained strength following a period of deleveraging post-Covid, although external pressures exist. While rating upgrades continue to outnumber downgrades, specific sectors like chemicals and airlines face challenges. The potential for a drop in credit ratios exists, dependent on geopolitical factors and inflation rates. Companies remain hesitant to invest heavily amid uncertain consumer demand, leading to muted private sector capex.
Horoscope Today, November 9: Capricorn Gains Career Recognition, Aquarius Explores New Opportunities, Pisces Needs Rest
Today emphasizes professional authority, expansive learning, and cautious resource management. The Moon in Libra illuminates career recognition, higher educational pursuits, and deep analytical research. Avoid speculative risks, informal financial pledges, or workplace politics. Capricorn can build executive credibility and organize career goals; Aquarius can explore higher learning and travel plans; and Pisces can conduct confidential audits and prioritize peaceful rest.
AI analytics, technological upgrades to drive retail investor experience in new Samvat: NSE CEO Ashishkumar Chauhan
Highlighting the exchange's digital initiatives, Chauhan announced major technological upgrades aimed at improving the experience of the country's growing retail investor base.
56% of global business leaders expect disruptions to severely hit operations: KPMG
A recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations. The report highlights increasing risk exposure, with 70 percent of leaders noting escalated risks in recent years. Technology disruption and geopolitical tensions are identified as primary concerns for the near future. Companies are prioritizing AI and predictive analytics to enhance supply chain resilience and managing risks.
Horoscope Today, November 8, 2026: Capricorn, Aquarius and Pisces Focus on Hope, Stronger Bonds and Positive Changes This Diwali
Today emphasizes professional authority, expansive learning, and cautious resource management. The Moon in Libra illuminates career recognition, higher educational pursuits, and deep analytical research. Avoid speculative risks, informal financial pledges, or workplace politics. Capricorn can build executive credibility and organize career goals; Aquarius can explore higher learning and travel plans; and Pisces can conduct confidential audits and prioritize peaceful rest.
Maruti Suzuki to set up 12 automated driving licence test tracks in Telangana
Maruti Suzuki has signed a memorandum of agreement with the Telangana transport department for test tracks. The company will set up twelve automated driving licence test tracks across six locations in the state. Each track will feature advanced technology including high-definition cameras and RFID sensors for comprehensive testing. This initiative is part of Maruti Suzuki's corporate social responsibility efforts aimed at improving road safety.
Kazakhstans growing presence in global technology landscape
Kazakhstan is improving its position in global digital development as it prepares for integrating artificial intelligence. The country ranked 60th in the Government AI Readiness Index, a notable rise of 16 places. Additionally, it was placed 24th in the UN E-Government Survey for digital services, reflecting strong advancements.
Horoscope Today, November 6, 2026: Dhanteras Brings Money Clarity for Leo, Confidence for Virgo and Good News for Cancer
Today's planetary focus highlights dynamic communication, personal money administration, and executive presence. With the Moon in Virgo alongside Venus retrograde, it is an essential time to re-evaluate financial priorities and review past business agreements. Avoid making hasty investments, keep track of daily expenses, and maintain open, diplomatic communication in all personal relationships.
AI, data, cybersecurity lead tech hiring with 30.3% share in September quarter
In India, the demand for roles in AI, data, and cybersecurity within Global Capability Centers (GCCs) has surged, even amid a slight overall hiring decline. AI and data professional roles saw a 14% increase quarter-on-quarter, while cybersecurity positions grew by 12%. Notably, tier-2 cities like Coimbatore achieved a remarkable 30% growth. By 2030, the GCC workforce in India is projected to reach between 2.7 and 2.8 million.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets extended their rally, with Sensex gaining 384 points to 77,301 and Nifty rising 150 points to 23,961, marking two-month highs. Positive sentiment, strong earnings, festive demand and buying across mid- and small-caps supported gains.
Fractal Analytics crosses $100 million in quarterly revenue, Q2 profit up 139%
Revenue from operations rose about 20% to Rs 957 crore from Rs 799 crore a year earlier, according to its stock exchange filing. Revenue was up 4.8% from Rs 913 crore in the June quarter.
India’s professionals keen to sharpen AI skills, see productivity gains
Nearly 97% of Indian professionals are willing to develop their AI skills, while 88% expect the technology to improve productivity and efficiency, according to Michael Page India’s Candidate Pulse Report 2026, based on a survey of 3,401 professionals across 11 APAC markets, including 2,550 in India.
Coders out, VCs in: Investors bet billions on AI-first services
The AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl AI raised $175 million at a $1.8 billion valuation a year ago, Wonderful raised $550 million at a $5 billion valuation in September.
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