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LinkedIn cofounder Reid Hoffman on engineers getting $100 million salaries for AI

Reid Hoffman defends exorbitant AI talent compensation, citing the potential for revolutionary breakthroughs. Meta’s aggressive poaching of OpenAI researchers, with packages reaching $300 million, has drawn criticism. Hoffman argues such investments are economically rational if individuals can transform industries, while…

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Small cities see 50% H1 rise in IT hiring in a jobs twist

India’s tier-II and tier-III cities are experiencing a surge in IT hiring, outperforming major tech hubs in the first half of 2025. These smaller cities witnessed over 50% growth in IT jobs, driven by improved digital infrastructure, government initiatives, and…

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Falling wholesale inflation in India to boost demand and growth: Industry

The continuous fall in wholesale price index (WPI) inflation for the seventh month in a row is a good sign for India’s economy as it will reduce operational costs for companies, boost domestic demand and support economic growth, industry experts…

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Need to streamline policies to make India GCC hub: Official

India aims to become a global hub for Global Capability Centres. Senior officials suggest streamlining national policies to emulate successful state models. Focus is on talent, infrastructure, and regulatory initiatives. The government plans a national framework to guide states in…

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Over 9 in 10 Indian youth wish to apply for global jobs if given free visa: Report

More than nine in 10 (92 per cent) of Indian youth would like to apply for global jobs if provided with free visa, hiring and training support, a report said on Monday.

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Groww plans to launch new trading terminal for professional traders

Groww is set to launch ‘915’, India’s first fully custom-built trading platform, catering to experienced and professional traders. This new terminal, hosted separately from the Groww app, will offer high-volume traders customizable dashboards and advanced tools. Key features include historical…

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  • Bank of Baroda hikes 555-day FD rates: How much will ₹1 lakh, ₹2 lakh and ₹5 lakh earn?

    Bank of Baroda has raised its 555-day FD rates by 10 bps from 12 November 2026. General customers get up to 6.90%, and super seniors get up to 7.50%.

  • Children’s Day special: practical money lessons and habits to teach your kids

    From supermarket budgets and festive savings to board games and money diaries, simple everyday activities can help children learn financial discipline and build habits that last.

  • Anthropic IPO: If you get shares, how will your investment be taxed in India and US? Check TCS, capital gains tax rules

    Indian investors who buy Anthropic IPO shares or purchase them after the listing must consider 20% TCS on eligible LRS remittances exceeding ₹10 lakh, Indian capital gains tax, US dividend withholding tax and foreign asset disclosure requirements.

  • 8th Pay Commission: Can a bigger annual increment lead to better pay than a higher fitment factor over 10 years?

    The 8th Pay Commission may revise central government salaries by increasing the fitment factor and the annual increment. We compare three salary scenarios to see how a 7% increment could influence basic pay growth over 10 years.

  • Gold, silver prices today, 13 November: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 13 November: Check latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • DA hike: Punjab announces 40% increase in Dearness Allowance for this role, regularises over 1,000 jobs — Check here

    DA hike news: The Punjab government has raised dearness allowance for 6,507 computer teachers by 40% and regularised 1,007 non-teaching employees working under the Samagra Shiksha programme.

  • Unclaimed dividends, lost shares or pending claims? Resolve these issues at SEBI Niveshak Shivir; check date, venue

    Have unpaid dividends, lost track of shares or pending investment claims? SEBI and IEPFA are organising an investor camp to help shareholders address such issues. Find out what assistance is available, when and where to visit, and which documents to carry.

  • SGB 2018-19 Series III final redemption today: Investors to earn up to 348% return; check RBI fixed price, interest rate

    Sovereign Gold Bonds: SGB 2018-19 Series III completes its eight-year tenure on Friday, 13 November. Investors stand to earn up to 348% in capital gains, excluding interest income. Check how the RBI-fixed redemption price translates into investment gains and how much interest you can earn. 

  • Burdened with debt of ₹7 lakh? How to plan repayments over six months without exhausting your savings - Expert explains

    Planning to repay ₹7 lakh debt in six months? An expert shares five practical steps to clear the loan by prioritizing high-interest loans, exploring cheaper borrowing options and more.

  • Bank holiday today: Are SBI, HDFC, ICICI branches closed on Friday, 13 November for Wangala Festival? Check RBI calendar

    Bank holiday today: SBI, HDFC Bank, ICICI Bank, Canara Bank and Punjab National Bank branches will be closed on 16 days this month, including regional holidays and weekend offs, as per the RBI calendar. 

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