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$5 billion-plus company GitLab cuts hundreds of jobs, exits 22 countries; CEO blames it on AI; says: Agentic era is creating…

GitLab is laying off 14% of its workforce and exiting 22 countries as part of a restructuring to focus on the “agentic era” of software development. CEO Bill Staples stated that savings will be reinvested into AI products, particularly the…

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Indian markets extend losses amid FII selling, elevated crude oil prices; Sensex falls 443 points

Indian stock markets continued their decline on Thursday. Foreign fund outflows, high crude oil prices, and weak global signals impacted investor sentiment. The BSE Sensex and NSE Nifty 50 both closed lower. Analysts advise caution amid ongoing foreign institutional investor…

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Suzlon seeks to put the wind in all sails of its renewables ship

Suzlon is set to significantly expand its renewable energy business. The company aims to quadruple annual sales to 10 GW and grow managed assets to 70 GW by FY31. Suzlon will now offer integrated solutions including wind, solar, and battery…

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Collapse is near: Trump's window to resolve Iran crisis closing fast

West Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil supplies. Economists warn of a significant economic shock if a US-Iran agreement remains elusive. This conflict threatens jobs and…

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Indian cyber, telecom, banking & finance firms get access to Mythos; IT left out

Several Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic’s advanced Claude Mythos AI model. The govt is actively working to expand this access, with select public entities, including CERT-In, set to receive previews. This…

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RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda Report

The Reserve Bank of India (RBI) is likely to maintain status quo on interest rates in its monetary policy announcement on Friday as the impact of the ongoing crisis in West Asia on economic growth remains difficult to assess, according…

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Punjab HC reserves judgement on Punjab govt, state power corporation's pleas seeking stay on DA release order
The Punjab HC reserved judgement on pleas filed by the state and PSPCL against a previous court order directing release of Dearness Allowance for state employees and pensioners by 30 June. Here's all we know…
Foreign salary in NRE account not taxable for NRIs, ITAT quashes ₹12 lakh tax demand
The ITAT Ahmedabad has ruled that foreign salary earned outside India does not become taxable merely because it is credited to an NRE account or because TDS is deducted using an Indian TAN. 
The cost investors pay for chasing growth
The hope is that enough companies exceed expectations and justify lofty valuations, offsetting those that stumble. But the real risk lies not in company performance, but in how we allocate capital.
Can children claim a share in property inherited by their father? Karnataka HC explains when they can—and cannot
The Karnataka High Court ruling clarifies that property received by a father from his own father does not automatically become ancestral. Children cannot claim a birthright in such assets if they remain the father's self-acquired property. 
Cash deposits below ₹10 lakh can still attract an Income Tax notice. Here's why
The ₹10 lakh threshold under Rule 114E only determines when banks must report cash deposits through the Statement of Financial Transactions (SFT). It does not prevent the Income Tax Department from seeking information about deposits below that limit where required under the Income-tax Act.
Section 44ADA: How freelancers and professionals can legally pay tax only on 50% of their total income
Section 44ADA allows eligible professionals to pay tax on 50% of their gross receipts as taxable income, treating the rest as a deemed expense deduction. The scheme applies to specified professionals with receipts up to ₹50 lakh, extendable to ₹75 lakh if cash receipts are within 5%.
Over 3 crore ITRs already filed: What happens if you miss 31 July deadline? Tax experts explain
With more than 3 crore Income Tax Returns already filed, taxpayers have a limited time before the 31 July 2026 deadline. Missing it can lead to late-filing fees, interest, refund delays, psychological stress, and loss of tax benefits, making timely filing essential.
Nifty Smallcap index saw over 20% intra-year declines in 12 of 20 years: What history reveals about timing the market
Small-cap investing has historically delivered strong return potential but with frequent sharp corrections. Data from Nifty Smallcap 250 TRI show that staying invested through volatility and adopting disciplined approaches, such as SIPs, reduces the impact of market timing on long-term outcomes.
Forgot your UAN? Here's how to retrieve it online through the EPFO portal
The Universal Account Number (UAN) is essential for checking your PF balance, filing claims and accessing other EPFO services. Here's how members can recover a forgotten UAN online or through EPFO's offline facilities.
EPF vs mutual funds: Why EPFO says your provident fund should remain foundation of retirement planning
EPFO has urged salaried employees not to withdraw EPF savings for mutual funds, highlighting EPF's retirement, pension and insurance benefits. Here's how EPF differs from mutual funds, key features, tax benefits and practical investment takeaways for long-term financial planning.