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One in four social media posts is AI-speak

One in four social media posts is AI-speak

by | Jul 13, 2026 | Business


If you visit LinkedIn you may feel disillusioned by how so many posts, even by trusted leaders, look like AI slop. The bot takeover of your social feed is all too real as a new report from Pangram, a company that builds AI detection algorithms, has flagged that one in four long form posts on surveyed social media platforms are fully AI-generated.

LinkedIn is where the loss of human voice is most with two out of three posts being AI-created. About 40 per cent of long form content(more than 250 words) on the professional networking platform has been flagged by Pangram as fully AI-generated while for short form content, it is 30 per cent.

Interestingly, LinkedIn had recently announced that it will downrank AI- generated content. But, ironically, it received major flak for using AI in the said announcement.

After LinkedIn and Medium, the blog creator platform, saw the highest share of AI generated content with 31 per cent of long form and 28 per cent of short form content flagged as fully AI-written.

X is not far behind. The report shows that nearly half of the articles on X were flagged to have some amount of AI-generated content.

AI content was also identified on more community-oriented platforms like Reddit, though at a much smaller share of 3-12 per cent.

Vikas Chawla, Co-founder, Social Beat, suggests that going forward, as more people get used to working with AI, such content is going to be even more ubiquitous.

“AI-generated content is going to be the base. It will be brands and creators who can and continue to bring in their authentic personal nuances that will be able to cut through and win more,” he said.

The ‘Dead Internet Theory’, a lore that forecasts that soon there will be no human voice on the Internet, may be coming ominously true.

In a blog post, Max Spero CEO, Co-founder of Pangram, said that LinkedIn’s higher share of AI content suggests that people are overwhelmingly willing to use AI to speak on their behalf in professional settings and less likely to use it on casual and anonymous platforms.

Published on July 13, 2026



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Mixed trend in gold ETFs over past 2 weeks, as investors keep a low profile

Mixed trend in gold ETFs over past 2 weeks, as investors keep a low profile

by | Jul 13, 2026 | Business


The UK and India saw investors still being positive on the yellow metal, as inflows totalled $2.15 billion
| Photo Credit:
e-crow

Physically backed gold exchange-traded funds (ETFs) witnessed a mixed trend in the past two weeks, with inflows being positive in the week ending July 10 and negative in the week ending July 3, data from the World Gold Council (WGC) showed.

Led by France, the US and Australia, inflows turned positive last week at $1.8 billion, but the UK and Chinese investors exited, taking outflows to $1.51 billion, resulting in $0.34 billion net inflows.

In the week ending July 3, investors in the US, China, Germany, and Canada led the exits, with total encashment at $3.19 billion. The UK and India saw investors still being positive on the yellow metal, as inflows totalled $2.15 billion. 

Awaiting US data

“Gold lost ground last week, giving up its brief rebound as renewed US-Iran military strikes stirred fresh inflation worries and pushed up the odds of another Fed rate hike,” said Renisha Chainani, head of research at Augmont.

Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, said market participants now await the US CPI inflation data due on Tuesday evening, which will be a key input for the Federal Reserve’s interest rate outlook and could determine the next direction for bullion. 

“A higher-than-expected inflation reading may strengthen the dollar further and keep pressure on gold, while softer inflation could support a recovery,” he said. 

With gold prices hovering between $4,000 and $4,200 an ounce, investors have kept a low profile over the past two weeks. Inflows into and outflows from gold ETFs have been low-key over the past fortnight. Gold, which soared to a record high of $5,608 an ounce on January 29, has lost over 25 per cent so far. On Monday, gold hovered around $4,060 an ounce, down over 5 per cent in the past month.

N America leads outflows

In the week ending June 3, outflows in North America from gold ETFs were $1.20 billion, followed by Asia at $206 million. In Europe, investors invested to the tune of $457 million. 

Last week, inflows in Europe were $163 million, followed by North America at $105 million. Asia saw $40 million in outflows, while investments by other continents were $113 million.

As of date, ETF inflows have been negative in the US at $8.57 billion, followed by Italy at $211 million. Investments have been positive at $5.31 billion in China, $3.88 billion in India, $2.11 in the UK and nearly $2 billion in Switzerland. 

With inflows over $900 million, Japan and the Hong Kong state-administered region have also been positive contributors to gold ETFs. 

Heading south

The precious metal has been heading south since the Iran war broke out on February 28. Gold is being hammered on fears of inflation, a rise in bond yields and crude oil prices and hopes of an increase in US Fed interest rates.

The yellow metal went on a dazzling rally since 2024 on US Fed interest rate cuts, the US trade dispute with China and other nations, and geopolitical tensions, particularly the Ukraine war.

Published on July 13, 2026



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Frontloaded inflows of -9 bn at systemic level possible via fresh FCNR(B) deposits: SBI Eco Research

Frontloaded inflows of $8-9 bn at systemic level possible via fresh FCNR(B) deposits: SBI Eco Research

by | Jul 13, 2026 | Business


FCNR (B) deposit are likely to be front loaded under the RBI’s limited period concessional swap window for banks, with the flows estimated in the range of $8-9 billion on systemic level currently
| Photo Credit:
Yohaan Ashish Varghese _12194

Inflows under the Foreign Currency Non-Resident (Bank) deposit are likely to be front loaded under the RBI’s limited period concessional swap window for banks, with the flows estimated in the range of $8-9 billion on systemic level currently, said SBI’s Economic Research Department (ERD).

The ERD officials noted that built upon the ramparts of the successful 2013 edition (when RBI opened swap window in the nature of a simple buy/sell foreign exchange swap from its side covering just the principal portion of the deposits), but much carefully calibrated by the regulator, this time the FCNR(B) flows are likely to be front loaded this time.

Four reasons

They cited four reasons for the inflows, including entire hedging cost on fresh FCNR(B) deposits (principal) being borne by RBI, providing Banks much respite on cost / spread front.

Further, clarity on SBLC (standby letter of credit) and leverage has been front loaded this time ensuring an early initiation and building of momentum (as against the earlier scheme when 60 per cent of inflows had come in last month).

Referring to a longer runway of four months this time, SBI economists observed that this allows Indian Banks and their foreign counterparts / correspondent banks to take stock of the evolving situation and fine tune / tweak the structure / covenants appropriately.

Moreover, focus in 2026 is more on 5-year mobilisation as compared to 3-years (or, below) mobilisation that was the only option in 2013, ensuring stability in capital flows management and avoid redemption.

The ERD officials noted that despite flows from these sources and good buying seen from FPIs through June’26 especially in debt segment ($7.1 billion) driven by the Government’s offers on tax treatment, the impact on Rupee has not been as expected though FCAs (foreign currency assets) have gone up marginally.

Published on July 13, 2026



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Supreme Court stays Madras High Court order banning cow slaughter in Tamil Nadu

Supreme Court stays Madras High Court order banning cow slaughter in Tamil Nadu

by | Jul 13, 2026 | Business


The Supreme Court on Monday (July 13, 2026) stayed a May 27 order of the Madras High Court directing the Tamil Nadu government to enforce a State-wide prohibition on the slaughter of cows and calves.

A Bench comprising Justices Vikram Nath and Sandeep Mehta was hearing a special leave petition filed by the Tamilaga Vettri Kazhagam (TVK) government challenging the High Court’s order on the ground that the direction was contrary to the provisions of the Tamil Nadu Animal Preservation Act, 1958, which permits the slaughter of cows over 10 years of age if a competent authority declares them unfit for work and breeding.

The State government also pointed out that laws such as the Prevention of Cruelty to Animals Act, 1960, the Prevention of Cruelty to Animals (Slaughter House) Rules, 2001, the Tamil Nadu Urban Local Bodies Act, 1998, and the Tamil Nadu Urban Local Bodies Rules, 2023, do not impose a blanket prohibition on slaughter, but instead regulates the manner and conditions under which it may be carried out.

Observing that the impugned order required prima facie “correction”, the Bench issued notice on the appeal filed by the Tamil Nadu government and stayed the operation of the High Court’s order insofar as it directed the State to impose a complete ban on cow slaughter.

The petition, filed by the Secretary to the State government, arraigned as respondents K Surya, aka K Surya Prasanth, youth wing secretary of the Indu Makkal Katchi, who had moved the original writ petition before the High Court, along with the Director- General of Police and other State officials.

‘Judicial lawmaking’

The Tamil Nadu government apprised the top court that the High Court’s order amounted to “judicial lawmaking” and was internally inconsistent. It pointed out that while the High Court had correctly observed that slaughter could take place only in designated slaughterhouses or places notified under the law, it had simultaneously directed a complete prohibition on the slaughter of cows and calves.

The State further submitted that it had already taken the necessary steps to prevent the slaughter of animals in public places and had consistently maintained that any animal sacrifice would be permitted only in enclosed spaces away from public view.

The impugned order was passed by a Division Bench of Justices G R Swaminathan and V Lakshminarayanan, which had directed the Chief Secretary and the Director-General of Police/Head of Police Force to ensure that no cow or calf was slaughtered anywhere in Tamil Nadu either on the eve of Bakrid on May 28, 2026, or on any subsequent day.

The High Court had observed that slaughter of animals could take place only in licensed slaughterhouses or places specifically designated by the competent authorities under the law.

“Slaughter cannot be done in any place you want… The question of carrying out slaughter in a non-designated place does not arise at all,” the High Court had observed, adding that the State authorities remained “duty-bound to enforce the applicable statutory provisions”. The Division Bench had also noted that a 1976 Tamil Nadu government order banned the slaughter of cows in the State, with a view to promoting milk production and improving the rural economy. “Since the executive power is co-terminus with the legislative power, a Government Order issued by the government banning cow slaughter is very much sustainable and has to be enforced, as it has the force of law,” the High Court had said.

The order was passed on a petition filed by K Surya, a resident of Coimbatore, who alleged that the local authorities had permitted the slaughter of cows and calves in places that had not been notified or designated as slaughterhouses ahead of Bakrid (Id-ul-Azha).

‘Temporary sheds’

According to the petitioner, the local administration had allowed the creation of “temporary sheds” for slaughter. He claimed to have submitted a representation on May 18 to the police and the district administration seeking immediate steps to prevent cow slaughter in public places and rescue cows allegedly brought for illegal slaughter, but received no response.Questioning how temporary sheds could qualify as lawful places for slaughter when the Tamil Nadu Urban Local Bodies Rules require slaughter to be carried out only in designated locations, the High Court had observed that the police could not unilaterally determine which places could function as slaughterhouses. Authoring the verdict, Justice Swaminathan had highlighted that Article 48 of the Constitution requires the State to take steps for prohibiting the slaughter of cows, calves and other milch as well as draught cattle.

“During the debates in the Constituent Assembly, it was pointed out that cow is a revered animal and that it has been associated with our civilisation from the time of Lord Krishna. During the rule of many Muslim kings, cow slaughter was abolished,” the High Court had stated.

 

Published on July 13, 2026



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Biocon to see block deals, as Viatris plans to exit

Biocon to see block deals, as Viatris plans to exit

by | Jul 13, 2026 | Business


Viatris-owned Mylan plans to sell 5.64 per cent stake or 9.2 crore shares in the Bengaluru-based Biocon through block deals on Tuesday.

According to a term-sheet seen by businessline, the floor price for the transaction has been fixed at ₹378.50 a share, which is at a 7.9 per cent discount to the current market price of ₹410.95. At the floor price, the deal size would be around ₹3,480 crore. This will mark a complete exit from the company by Mylan.

In January 2026, Biocon had acquired Mylan’s stake in Biocon Biologics through a combination of a share swap and cash consideration. As part of the transaction, Mylan had received a preferential allotment of Biocon shares.

For FY26, Biocon posted a consolidated net profit of ₹368.8 crore, down from ₹1,429.4 crore in FY25. Consolidated revenue from operations in FY26 stood at ₹16,927 crore (₹15,261.7 crore in FY25). “Biocon closed FY26 on a strong note despite a complex geopolitical environment. We delivered margin expansion along with 13 per cent y-o-y growth in operating revenue, excluding the one-time impact of generic lenalidomide sales last year,” Biocon Ltd, Executive Chairperson, Kiran Mazumdar-Shaw, had then said.

Biocon gained 13.30 per cent year-to-date.

Published on July 13, 2026



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Internal ombudsmen must provide fair resolution of customer complaints, reduce external escalation: RBI Deputy Governor Swaminathan

Internal ombudsmen must provide fair resolution of customer complaints, reduce external escalation: RBI Deputy Governor Swaminathan

by | Jul 13, 2026 | Business


RBI Deputy Governor Swaminathan J

Internal ombudsmen (IOs) should provide a meaningful, fair and effective resolution of customer complaints and reduce external escalation, said Swaminathan J, Deputy Governor, Reserve Bank of India.

He also requested the IOs to identify recurring issues, undertake root cause analysis and help implement remedial measures.

The Internal Ombudsman serves as the final independent level of review within a regulated entity (bank, non-banking financial company, credit information company, among others) for customer complaints that have not been fully resolved, before the customer approaches the RBI Ombudsman or another external forum.

IO mechanism

In his keynote address at the third annual conference of Internal Ombudsmen, Swaminathan urged Boards and senior management to empower the IO mechanism and use its insights to strengthen customer service and grievance redress.

The conference sessions covered recent grievance redress developments, regulatory expectations, and RBI Ombudsman insights, focusing on faster, higher-quality resolutions and systemic improvements to prevent avoidable escalations, per an RBI statement.

The conference brought together IOs from across a representative spectrum of regulated entities including banks, non-banking financial companies, credit information companies and other regulated entities.

Managing Directors and Chief Executive Officers, Executive Directors in charge of customer service, Principal Nodal Officers of regulated entities as well as RBI Ombudsmen and central bank senior officials, including Sonali Sen Gupta, Executive Director, attended the conference.

Published on July 13, 2026



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