Indian IT sector hit by ‘silent layoffs’: 50,000 people may lose jobs this year; what’s driving the widespread firings?

The technology services sector is witnessing a fundamental transformation from personnel management to competency-based organisation. (AI image) The Indian IT sector has been hit by a wave of what experts are calling ‘silent layoffs’! These firings may lead to as many as 50,000 people losing their jobs in the IT sector by year-end.Whilst precise dismissal…

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$6 billion wiped out in 1 hour! Trump to impose 130% tariff on China; triggers crypto market sell off

Cryptocurrency markets tumbled on Friday as renewed trade tensions between the US and China, alongside a fresh export control move by Donald Trump, rattled investors worldwide.After the announcement crypto giant Bitcoin fell 8.4% to $104,782 at 17:20 ET and Ethereum followed, tumbling 5.8% to $3,637. Earlier on Monday, Bitcoin, the world’s largest crypto, recorded its…

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Hidden danger of black plastic food containers in delivery: Toxic chemicals and cancer risk when heated; experts warn |

Black plastic containers have become a common sight in food deliveries across the world. Their popularity stems from convenience, affordability, and durability. Many people even reuse them multiple times, assuming that plastic is a safe material for storing and reheating food. However, the reality is more complex. Black plastic is not a single, uniform material—it…

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Rural demand revs up: Tractor sales at new high

Tractor sales at new high CHENNAI: With a host of favourable factors driving demand, tractor volumes hit a historic high this September, and total domestic sales surpassed the half-a-million mark in the first half of the fiscal year for the first time.Domestic tractor sales stood at 1,46,180 units in September, compared with 1,00,542 units in…

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