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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? April 12, 2026 Index Outlook: Rising From Dire Straits US Market Outlook: Gaining Strength Bullion Cues: Gold And Silver Futures Face Barrier F&O Tracker: Tentative Shift In Trend F&O Strategy: Buy L&T Put Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy Central Railway to run four special local trains for Ambedkar Jayanti West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports
Need for AI-ready datasets will shake-up the job ecosyste...
2026-04-20 · via Business News Today: Latest Business News, Finance News

In the AI age where data is the new oil, companies need a more sophisticated workforce to build their ‘virtual refinery’ i.e., employees who can make company data AI-ready. The demand for this line of work is expected to blow up in a big way in coming years. Saugata Saha, President, Market Intelligence & Chief Enterprise Data Officer, S&P Global, talks about the demand for such refined data, advising aspirants to brush up on AI tools and related skill sets to become an asset to organisations.

How AI-ready are Enterprise data sets currently?

One of the biggest challenges right now for most organisations is AI-ready data. Machines need to look at the data and identify it and its various components. For that, you need ‘metadata,’ which is data which describes data. We invest a lot of money in building out metadata for all our data sets.

In the past, we did not have a good reason to do so but a lot of our client organisations are struggling with metadata to help AI models. Further, there is the challenge of connecting data in different places in the organisation or within the same department.

Organisations generally speaking are far behind on what needs to be done to build out these capabilities. We are building out a connected data fabric, which makes distribution and AI-driven use cases easier, and new tools like MCP Connectors to help AI models read from our data with a high level of certainty. So, there’s a lot of work organisations need to do to catch up.

Do you feel that this is going to lead to newer jobs?

Absolutely. 10-15 years ago, there weren’t really any meaningful data engineer roles. Those are new roles that have come up and we go through a similar cycle where new roles emerge. Some of those roles will be around people who can prompt engineer at scale, people who can code with these systems.

There will be new roles around a lot of other fundamental roles; how researchers and software engineers work will change. Rather than doing solo work, AI tools will help them be more productive. It’s going to be a bit of a change management exercise as well because people who can’t keep up or embrace these new tools might suddenly find themselves much less productive than their counterparts and colleagues.

These are changes that happen. What’s different this time is that the timelines to adapt are far more compressed. So, it’ll be a significant expectation for people to adapt to these new tools and technologies or be left behind in the workforce.

Everyone is talking about a Human+AI model. How does that harmonisation work?

There are two parts: how people use AI to become more productive and Agentic workflows. We are empowering our researchers, data scientists, data engineers, data analysts, all major personas with these new tools to be more productive within limited time, cover more topics, have higher quality output and do research that would be hard for a human due to consumption of huge data.

There’s also a focus on responsible use of AI and ensuring customers understand AI deployment. We label our products very clearly because ours is a business of selling trusted data and research and we want to retain trust.

In the future, we can see even in our own workflows potential application of agents to do straight-through processing of simple workloads.

Are there any particular roles that agents can completely take over?

A big factor in answering that question is time. Potentially, agents can run some workflows in data extraction from structured financial filings. Very structured, regimented agents can do that within reason.

Those are some areas where agents can run within the next 12 to 18 months. There are much more complex workflows like risk management, investment decisions, etc, for which the timelines are unclear.

What skill sets should employees or applicants develop to prepare for the AI role?

The best skill set they have is a high level of fluency and proficiency in all of these new tools and technologies. Not everybody has to be an expert: can you use X tool to build an agent to simplify three things you do every day?

Can you use X to quickly spot and identify bugs and fix them? Can you use X tool? People who can do that will have more opportunities.

Going forward, how do you see the AI-grade data market evolving?

Both the demand and supply of AI-ready data will grow exponentially. What will also happen simultaneously is that the non-AI-ready data market is going to shrink over time because all customers will become more productive and their primary demand would be AI-ready data.

For large industries, especially the sophisticated ones who work a lot with data, this creates new opportunities to be more productive and serve customers in new ways. Both because of what’s going to happen with proximity to data centres and the raw talent available here, India finds itself in a very promising position to capitalise on this boom.