Panasonic downsizes India operations: Japanese firm to exit washing machines, fridge markets; layoffs expected
Panasonic Holdings is exiting India’s refrigerator and washing machine segments, marking a significant downsizing of…
Cambodia–Thailand ceasefire: Donald Trump takes credit; declares himself ‘president of peace’
File photo: US President Donald Trump (Picture credit: AP) In a post on Truth Social, US President Donald Trump claimed personal credit for brokering a ceasefire between Cambodia and Thailand, calling it a major diplomatic achievement and declaring, “I am proud to be the President of Peace!”“Just spoke to the acting Prime Minister of Thailand…
US markets today: S&P 500 hovers near record high; investors eye Big Tech earnings, Fed decision, global trade deals
US stock indices started the week steady and near record highs on Monday, as investors braced for a series of potentially market-moving events, including Big Tech earnings, a key Federal Reserve meeting on interest rates, and further global trade negotiations.The benchmark S&P 500 rose 0.1%, extending a strong run that saw it hit record highs…
‘Those children look very hungry’: Donald Trump rebukes Netanyahu over Gaza crisis; urges Israel to ‘do it a different way’ amid starvation fears
File photo: US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu (Picture credit: AP) US President Donald Trump on Monday signalled a marked shift in tone on the humanitarian crisis in Gaza, expressing concern about possible famine in the region and urging Israeli Prime Minister Benjamin Netanyahu to alter his military approach. Speaking in…
‘Halt all terminations…’: TCS layoffs prompt NITES to write to Labour Minister; IT employee union wants stay on 12,000 job losses
TCS layoffs: NITES has written a letter to Union labour minister Mansukh Mandaviya, voicing concerns regarding the mass sackings. (AI image) The news of TCS layoffs has led to Nascent Information Technology Employees Senate (NITES) writing to Labour Minister Mansukh Mandaviya. India’s biggest IT services firm, Tata Consultancy Services (TCS) on Sunday said it would…
‘Something like 10 or 12 days’: Donald Trump slashes Putin’s deadline of 50 days to end Ukraine war; says ‘very disappointed in him’
File photo: US President Donald Trump and Russian President Vladimir Putin (Picture credit: PTI, AP) US President Donald Trump has announced to shorten the deadline he gave Russian President Vladimir Putin to end the war in Ukraine, signalling growing frustration over a lack of progress on a ceasefire. Speaking in Scotland on Monday during a…
Stock market at near two-month lows: Why are FIIs selling Indian stocks? Explained
The stock market downturn is being attributed to the persistent FII selloff. (AI image) Indian stock markets are at near two month lows – Nifty50 and BSE Sensex have dropped over 2% in the last few trading sessions. Foreign Institutional Investors (FIIs) are on a selling spree!On Monday, Nifty50 and BSE Sensex declined for the…
‘Mysterious disappearance’ of young US inventor: Who is 21-year-old Julian Brown? What did he discover?
A young US inventor reportedly gone missing, his fans claimed, after he converted plastic into usable gas. A 21-year-old Chicago inventor was reportedly missing since early July, though there has been no official confirmation of his missing. But social media users raised alarm that Julian Brown who invented fuel from plastic and had his DIY…
Gold rate today: Gold falls Rs 500 to Rs 98,020/10g in Delhi; silver slips Rs 1,000 amid easing tariff fears
Gold prices declined by Rs 500 to Rs 98,020 per 10 grams in the national capital on Monday, marking the fourth straight day of losses, as investor demand weakened after a trade deal between the US and the European Union reduced safe-haven interest. The data was released by the All India Sarafa Association.On Saturday, gold…
Pakistan: 3 TTP militants killed in Karachi; one masterminded attack on Chinese nationals in 2024
Three Tehreek-e-Taliban Pakistan (TTP) militants were killed in an encounter with Pakistani security forces in Karachi, officials confirmed on Monday. Among those killed was Zafran, who was identified as the mastermind of a November 2024 attack on two Chinese engineers in Pakistan’s largest city. He carried a bounty of Rs 20 million. The operation was…
India’s industrial output growth slows to 1.5% in June, lowest in 10 months; mining, power decline weigh on IIP
India’s industrial output growth slipped to a 10-month low of 1.5% in June 2025, dragged down by contractions in mining and electricity production due to the early arrival of the monsoon, according to official data released by the National Statistical Office (NSO) on Monday.In comparison, factory output as measured by the Index of Industrial Production…