Business
Oracle is reportedly planning large-scale job cuts, with estimates suggesting up to 30,000 positions could be eliminated globally as the company looks to manage rising costs and financial pressure. The potential layoffs would mark one of the biggest workforce reductions in Oracle’s history if implemented. Cost Pressures and AI Investments The move is linked to […]
Business Finance
The Indian rupee strengthened to ₹90.40 against the US dollar, gaining about 1.2% following news that the United States reduced tariffs on Indian goods as part of a trade agreement. The appreciation reflected improved investor sentiment and expectations of stronger foreign investment flows. Market Reaction and Trade Impact The currency had been under pressure in […]
Business
India’s textiles, carpets and leather exports are expected to gain momentum following the India–US trade deal, which includes a reduction in US tariffs on Indian goods to 18 percent. Exporters said the move will improve price competitiveness of Indian products in the American market, especially for labour-intensive sectors. Industry Sees Revival in Orders Industry
Business
Apple is reported to be planning a foldable iPhone model for release in 2026, potentially introducing a design similar to existing clamshell-style devices. The development is part of Apple’s efforts to expand its smartphone lineup to include foldable display technology, which has grown in popularity globally. Design and Features Expected Industry reports suggest that
Business Markets
The Securities and Exchange Board of India has given its no-objection for the National Stock Exchange’s initial public offering, removing a key regulatory hurdle and clearing the way for the long-awaited listing. Long-Delayed IPO Moves Forward The NSE first applied for a public listing in 2016, but the process was delayed due to regulatory and […]
Business
Apple has acquired Israeli artificial intelligence startup Q.ai to strengthen its capabilities in audio processing and on-device intelligence, according to people familiar with the matter. The company has not disclosed the financial terms of the deal. Focus on On-Device AI Q.ai is known for developing AI technologies that improve how devices understand and process sound,
Business Markets
Indian equity benchmarks traded lower in noon deals, with investor sentiment turning cautious amid mixed global cues and stock-specific selling. Benchmark Indices Under Pressure The BSE Sensex slipped 381 points, while the Nifty 50 fell below the 25,300 mark during mid-session trade. Selling pressure was seen across key sectors, dragging the broader market lower. Stocks