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When managing your money, take a chatbot’s ‘confidence’ with a grain of salt

July 7, 2026
AI/Finance

July 7, 2026 (Conversation) Consider the following scenario. Suzy is 63, recently retired, and trying to decide when to start receiving Social Security and how to manage her retirement savings to minimize the tax hit. She opens an AI chatbot, types in the details and gets a calm, well-organized and confident answer: Claim now, convert this much, here is the reasoning. The chatbot sounds authoritative and even shows its work. So Suzy follows its guidance and never calls a financial planner. Maybe the advice was fine. But maybe it quietly ignored the fact that Suzy’s spouse is younger and in

India finds Adani’s Mumbai airport shops sold nicotine pouches in breach of law

July 7, 2026
Politics

NEW DELHI, July 7 (Reuters) – An Indian investigation found that Mumbai international airport’s duty-free shops run by billionaire Gautam Adani’s ​business group breached the law by selling nicotine pouches, which the government considers a public health hazard, according to documents from an ‌investigation. Adani denies wrongdoing and is asking judges to declare that a law covering drugs and cosmetics does not apply to duty-free shops and nicotine pouches, according to court papers reviewed by Reuters. Lawyers say the case could set a precedent on how India regulates sales at such outlets and a government win could block sales of

US court unlikely to reject DOJ bid to drop Adani case, legal experts say

July 7, 2026
Corruption

New York, Jul 7 (PTI) US legal experts said it would be highly unusual for a federal court to reject the Department of Justice’s request to dismiss the criminal case against Indian billionaire Gautam Adani, after prosecutors set out detailed legal and policy reasons for seeking to drop the indictment. Under Rule 48(a) of the Federal Rules of Criminal Procedure, the Justice Department must obtain the court’s permission to dismiss an indictment. While judges may seek additional information or hold hearings before ruling, legal experts said there is little modern precedent for compelling prosecutors to continue pursuing a case the

Stock markets snap 4-day rally amid heavy profit booking; Trent tumbles over 12 pc

July 7, 2026
Finance

Mumbai, Jul 7 (PTI) Market benchmark indices Sensex and Nifty ended lower on Tuesday amid profit-taking after a four-day rally, in line with weakness in Asian equities. Buying in IT stocks, however, cushioned the market’s fall. Fag-end selling dragged the 30-share BSE Sensex lower, leading the benchmark to settle 104.35 points, or 0.13 per cent, down at 78,180.72. During the day, it climbed 379.85 points, or 0.48 per cent, to 78,664.92. From the Sensex pack, Trent emerged as the top loser by tumbling 12.42 per cent after its June quarter revenue growth missed market expectations. Adani Ports, Bharat Electronics, Larsen

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