Rising to the AI Challenge: Fiverr CEO Micha Kaufman issues ‘wake up call’ to employees

Fiverr CEO Micha Kaufman issued a stark warning to his employees, asking them to either adapt to artificial intelligence or risk being replaced by it.The message, which has surfaced across media and tech workers, reads more like a dystopian forecast than a standard corporate update. Before the mail went viral internally, Kaufman himself realised the…

Read More

Moody’s cuts China 2025 GDP growth forecast to 3.8% weighed by ongoing tariff tensions

China’s economy is expected to undergo a major slowdown over the next two years, with GDP growth dipping below 4% as trade tensions intensify and global economic conditions weigh on investment and consumer confidence, a recent report by Moody’s Ratings said.The report projects Beijing’s real GDP growth for 2025 to stand at 3.8% and 3.9%…

Read More

India, UK forge Free Trade Agreement; PM Modi terms it ‘historic milestone’

PM Modi and Keir Starmer (File photos) NEW DELHI: In a significant boost to bilateral relations, India and the United Kingdom have successfully concluded a Free Trade Agreement (FTA) and a Double Contribution Convention, marking a significant milestone in their strategic partnership.The announcement was made by Prime Minister Narendra Modi following a conversation with his…

Read More

Paytm narrows loss to Rs 545 crore in Q4, revenue falls nearly 16%; operational profit, excluding ESOP costs, rises to Rs 81 crore

Paytm’s parent company One97 Communications reported a reduced consolidated loss of Rs 545 crore for the quarter ending March 31, 2025, helped by lower payment processing charges and employee benefit expenses. The results include a notional, non-cash loss of Rs 522 crore, comprising Rs 492 crore in ESOP expenses and Rs 30 crore in impairments,…

Read More

What does the India-UK FTA mean for India? Top benefits – from cheaper cars, whisky to cheer for Indian professionals

Officials have characterised the UK-India FTA as India’s most extensive agreement. (AI image) India-UK trade deal: Prime Minister Narendra Modi announced on X (formerly Twitter), the ‘historic milestone’ that India and the UK have achieved in concluding a Free Trade Agreement (FTA) between the two countries. The agreement is anticipated to be officially signed when…

Read More

US records record trade deficit of $140.5 billion in March, preceding Trump tariffs

The United States recorded its highest trade deficit in March, with the total shortfall expanding by 14.0 percent to $140.5 billion, according to the latest government data released on Tuesday. This marks the largest trade deficit since 1992, reflecting a $17.3 billion increase from February’s revised figure of $123.2 billion. The Commerce Department’s report highlights…

Read More

How Donald Trump’s proposal to slap 100% tariffs on foreign films could hit Indian film industry

Donald Trump (File photo) Donald Trump deals a blow to Indian films! The proposed 100% tariffs on foreign films by US President Donald Trump presents an unexpected challenge for the Indian film industry, potentially impacting its commercial success and sustainability in a crucial international market, according to industry leaders. Trump’s justification for this measure stems…

Read More

RBI forex income likely higher, set to push dividend payout to central government

The central bank’s income from foreign exchange reserves deployment in FY25 appears higher than the previous year, influenced by sustained elevated US treasury yields throughout several months, based on recent RBI data quoted by the Economic Times.This income, stemming from interest earnings on foreign assets, could contribute to an increase in the central bank’s dividend…

Read More