Layoffs across the United States are expected to intensify this month, with nearly 95 employers planning job cuts in July, according to data from WARNTracker.com, cited by ET. The mass layoffs span a wide range of industries including tech, retail, healthcare, delivery, pharmaceuticals, and manufacturing, with thousands of jobs on the line.Companies are required to…
The legal battle revolves around TriZetto, a healthcare software platform acquired by Cognizant in 2014. The Infosys vs Cognizant fight is getting uglier by the day. But why are the two IT sector giants locked in a battle or employees in the US? In an ongoing legal dispute between the two IT companies, Infosys has…
US President Donald Trump’s reciprocal tariffs suspension deadline approaches on July 9. (AI image) India-US trade deal update: Intense trade discussions between India and the US continue for the sixth consecutive day on Tuesday in Washington, as negotiations reach a critical phase with New Delhi seeking improved market accessibility for its workforce-intensive products, according to…
IndiGo, India’s largest airline by market share, has launched its first direct long-haul service between Mumbai and Manchester, marking a significant milestone in its international expansion strategy. The thrice-weekly flights will operate using Boeing 787-9 Dreamliner aircraft under a damp lease agreement with Norse Atlantic Airways, the company said Tuesday.The new route signals IndiGo’s entry…
US Federal Reserve Chair Jerome Powell on Tuesday stressed the importance of political neutrality for the central bank, amid renewed pressure from President Donald Trump, who has criticised the Fed for not cutting interest rates more aggressively this year.Speaking at a central banking conference in Sintra, Portugal, hosted by the European Central Bank, Powell said:…
Tesla shares fell sharply on Tuesday as the increasingly bitter feud between CEO Elon Musk and US President Donald Trump flared into the open once again, sparking concerns about potential political retaliation against Musk’s businesses and further spooking investors.Shares of Tesla, already down more than 20% in 2025 amid weakening demand and growing backlash against…
NEW DELHI: The total sown area for Kharif crops has increased by 11.3% year-on-year as of June 27, 2025, aided by an active southwest monsoon and robust rainfall, according to a report by Bank of Baroda. Rainfall was recorded at 9% above the Long Period Average (LPA) till June 30.The report said the increase in…
NEW DELHI: India’s gross Goods and Services Tax (GST) collection for June stood at Rs 1.85 lakh crore, recording a 6.2% increase over the same month last year, according to data released by the finance ministry on Tuesday.The June figure, however, represents a dip compared to previous months in FY26, when GST mop-up hit a…
This is an AI-generated image, used for representational purposes only. In a move aimed at accelerating India’s innovation journey, the Union cabinet, chaired by Prime Minister Narendra Modi, approved the Research, Development and Innovation (RDI) Scheme on Tuesday, with a total outlay of Rs 1 lakh crore.Announcing the decision, Union I&B minister Ashwini Vaishnaw said…
The Sensex and Nifty have shown positive performance for four successive months. (AI image) India’s benchmark Sensex has witnessed an exceptional increase of 12,000 points within three months resulting in a Rs 72 lakh crore rally. The remarkable 17% increase from April 7’s low of 71,425 has driven markets near their peak levels again. The…
