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 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 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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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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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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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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