Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
'It requires new skilling, new ways of working, and new structures. That's the reality.'
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
Workday, a global HR tech major, has unveiled its new AI platform, Sana, designed to automate human resources and finance functions. Chairman and CEO Aneel Bhusri stated that AI is likely to replace low-cost, outsourced jobs due to increased productivity, rather than leading to jobs moving out of first-world countries. The platform uses AI agents for tasks like payroll and compliance, and Workday has acquired C1.ai to manage access rights for these agents. Bhusri emphasised that AI should augment humans, redefining roles rather than replacing them entirely.
A LinkedIn post by Pooja Sahu, detailing her husband Sourabh's sudden layoff from Oracle after 12 years of dedicated service, including working through holidays and even from a hospital, has gone viral, capturing the emotional toll of the tech giant's latest job cuts.
The fifth and final T20 International between India and the West Indies was abandoned due to persistent rain on Saturday, resulting in the series being drawn 2-2. India had scored 118 for five in 7.4 overs in the rain-shortened match before play was called off.
India's Women's T20 team secured a four-wicket victory over Zimbabwe in the first match of the bilateral series on Friday, overcoming an early batting collapse thanks to a crucial partnership between debutant Niki Prasad and veteran Deepti Sharma. Zimbabwe, led by Kelis Ndhlovu and Sharne Mayers, posted 114 for five.
Indian para track and field athletes secured 14 medals, including five gold, at the Asian Para Games. Nishad Kumar became the third Indian to win two gold medals in a single edition, triumphing in high jump and long jump. Deepthi Jeevanji and Pranav Soorma also clinched gold, setting new Games and Asian records respectively, highlighting India's strong performance.
Bhuvneshwar Kumar, despite being written off in 2022, is set to make a national comeback in 2026, showcasing his enduring swing bowling prowess and strong work ethic, particularly after stellar performances in the IPL.
List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.
India has strongly criticised the US decision to suspend the Permanent Labor Certification (PERM) program for eight major IT firms, including Indian giants like TCS and Wipro. New Delhi also condemned US Vice President JD Vance's description of foreign professionals as "indentured servants," calling it "unwarranted and deeply offensive." The move is expected to impact thousands of Indian tech professionals seeking permanent residency in the US and further strains bilateral ties.
Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.
Canadian billionaire Prem Watsa's Fairfax Financial Holdings will utilise the expertise of Deepak Parekh and Paresh Sukthankar, former HDFC leaders, as it moves to acquire a 60.72 per cent stake in IDBI Bank for 52,878 crore, with N S Kannan proposed as chairman.
'Get people young, train them, assimilate them, and grow them adequately.'
The Reserve Bank of India has raised the repo rate by 0.25%. Three financial planners explain how soon banks will pass the increased loan interest on, what borrowers should check and what they need to avoid.
'Questions give you courage, and they also give you answers. Sometimes those answers are uncomfortable, and sometimes they are comfortable.' 'You must be able to accept both in the same stride.'
The Indian Navy is enhancing its operational capabilities across all domains, including air, underwater, AI, and quantum technology, to become a multi-domain network force. Vice Chief of Naval Staff, Vice Admiral Ajay Kochhar, highlighted lessons from recent conflicts, the exploration of directed-energy weapon systems, and significant procurement plans, including 42 new platforms on order and RFPs issued for LPDs and next-generation frigates. The Navy's focus on indigenous innovation and technology absorption, guided by "scale, sophistication, speed, and spiral development," aims to meet evolving operational requirements and protect maritime interests, especially amidst ongoing global crises.
Indian IT companies have significantly reduced their fresh H-1B visa applications for US FY27, a direct consequence of soaring fees imposed by the Trump administration and new lottery system changes that prioritise higher-salaried employees, leading to a seven-year low in registrations.
A career break does not erase the experience that came before it. But the labour market can act as though it does. The more women invest in building professional careers, the more costly an interruption can become. How, then, do we enable women to make a comeback? Whose responsibility is it? asks Radha Roy Biswas.
Indian skipper Shubman Gill sustained an elbow injury during a net session after being hit by a Mohammad Siraj delivery, though he later returned to practice. Meanwhile, veterans Virat Kohli and Rohit Sharma also batted together. Separately, the West Indies cricket board announced a 25% reduction in retainer fees for players as part of a financial restructuring.
Indian hockey stars Hardik Singh and Manpreet Singh shared their thoughts on the recent Asian Games gold medal win, which also secured their qualification for the LA 2028 Olympics. They discussed their dietary plans, coach Craig Fulton's positive influence, and the team's belief in their attacking prowess.
TeamLease Co-founder Manish Sabharwal on why regulatory cholesterol is killing India's entrepreneurial engine -- and how we can fix it and generate 100 million jobs in India in just about 7 years.
Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.
Before protesting against the State, the citizen should not have to ask: Sir, may I protest, please?, asserts Prem Panicker.
Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.
Comparing the two states is comparing an apple to an orange. I ate apples for years. Then I felt I needed some citrus, and I moved to oranges. That doesn't make the apple a lesser fruit, reflects Binu Alex.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
Eighteen-year-old Indian shooter Parth Mane secured a silver medal in the men's 10m air rifle team event at the Asian Games, marking his senior continental debut.
India faced early pressure in the second Test against Sri Lanka, reaching 88 for two at lunch on day one. Openers KL Rahul and Yashasvi Jaiswal were dismissed after a solid start, with Devdutt Padikkal and Shubman Gill at the crease. The session also saw some on-field drama and a dropped catch.
Ishan Kishan, after scoring an epic 270 in the Duleep Trophy final, revealed that freeing his mind from overthinking and expectations has been crucial to his recent success. He emphasised focusing solely on scoring runs and winning matches, a change that came after a turbulent phase in his career, including losing his BCCI central contract. Kishan highlighted the importance of domestic cricket for reflection and growth, enabling him to return stronger.
The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".
RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.
Organisers of the upcoming BWF World Championships have undertaken extensive upgrades at the Indira Gandhi Stadium in Delhi, including anti-bird measures, non-toxic gels, and even 'monkey whisperers', to prevent a repeat of the hygiene and disruption issues experienced during the India Open earlier this year.
India's World Cup goalkeeper Bichu Devi, inspired by cricketing legend Mahendra Singh Dhoni, emphasises the importance of composure under pressure.
From Kareena Kapoor Khan's 'cop who wears lipstick' in Daayra to Rani Mukerji's relentless Shivani Shivaji Rao in the Mardaani series, Bollywood has seen a rise in powerful and nuanced portrayals of female police officers tackling brutal crimes and societal challenges.
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
The India Story adopts a very soap opera-like approach, piling on ham-fisted melodrama along with plenty of unevenness, sighs Sreeju Sudhakaran
I'm Game starts with a wickedly fun possessed-hand premise and plenty of style, only to lose its grip in a predictable second half.
Despite a population of 1.45 billion, India's football team is ranked a lowly 138th in the world and failed to qualify for next year's Asian Cup, highlighting deep-rooted systemic issues and a failure to implement reforms that keep the World Cup dream distant for fans.