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TCS share price today: Tata Consultancy Services stock drops almost 2%; IT giant announces 12,000 layoffs

TCS reported a global workforce of 613,069 employees at the close of June 2025. TCS share price today: Tata Consultancy Services (TCS) shares dropped by 1.7% to reach Rs 3,081.20 during intraday trading on BSE on Monday, after India’s largest IT services firm announced that it will be laying off over 12,000 employees this year.At…

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‘Aid must be permitted to reach people’: Barack Obama voices concern over Gaza; calls for action to ‘stop preventable starvation’

Former US President Barack Obama (AP photo) Former US President Barack Obama on Monday urged immediate action to prevent what he called the “preventable” starvation unfolding in Gaza, referring to the situation caused by the war that erupted between Israel and Hamas on October 7, 2023.“While a lasting resolution to the crisis in Gaza must…

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‘Market of sweethearts’: Frustration grows over sex trafficking crisis in NYC district; AOC missing in action

Frustration is boiling over in Queens, where residents, business owners, and civic leaders are accusing representative Alexandria Ocasio-Cortez of ignoring worsening conditions along Roosevelt Avenue, a stretch now infamous for rampant prostitution, illegal vending, and growing gang activity.“I have not personally seen Ocasio-Cortez since she’s been elected. I have not seen her in the community,”…

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Ukraine aid row: EU withholds $1.7 billion; Zelenskyy’s new bill faces internal and external pressure

The European Union has frozen $1.7 billion in aid earmarked for Ukraine after President Volodymyr Zelenskyy signed a bill that weakens the independence of the country’s top anti-corruption agencies. The withheld amount represents over a third of the funding set aside by the Union under its Ukraine Facility fund, which was launched last year to…

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US-China trade talks: Donald Trump administration & Beijing may extend tariff pause by another 3 months, says report

Unlike China, other countries have an August 1 deadline to finalise trade deals with the US. (AI image) US-China trade deal: The world’s two largest economies are expected to extend their current reciprocal tariff truce by another 90 days, according to a Reuters report quoting South China Morning Post. Another round of trade deal negotiations…

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