TCS stock slumps! IT firm’s shares plunge 33% from lifetime high, down 25% in 2025; amidst layoffs news, will bearish trend continue?

Tata Consultancy Services (TCS), India’s prominent IT firm, is facing a disconnect between its operational performance and market sentiment. The company’s stock has plunged 33 per cent from its peak, including a 25 per cent drop in 2025 alone, despite strong Q1FY26 results and continued dividend payouts.Recently, the tech giant’s announcement of large-scale layoffs, with…

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RBI bets on gold! Reserve Bank of India buys half a tonne of gold in June; yellow metal fastest growing component of India’s forex reserves

Despite gold generating one of the highest returns in India, the central bank rarely disposes of its gold assets. (AI image) RBI gold reserves: After a relatively conservative spell of gold buying, the Reserve Bank of India (RBI) stacked up almost half a tonne of gold in the last week of June. In India’s foreign…

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TCS layoffs: IT ministry ‘closely monitoring’ 12,000 job cuts, claims report; IT union calls tech firm’s move illegal

The Ministry of Information Technology is monitoring developments following TCS‘s announcement to reduce its workforce by over 12,000 staff, according to PTI sources. Officials, cited by the news agency, claimed the IT Ministry is closely following the situation and maintaining communication with the technology company. The ministry seeks to understand the root causes behind this…

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Gold price prediction today: Where are gold rates headed on July 29, 2025 & ahead of Donald Trump’s tariff deadline?

Gold price prediction: Spot gold is expected to trade with a slight bearish tilt unless US-China trade tensions surface up once again. (AI image) Gold price prediction: Gold prices are trading within a range due to fall in demand for safe haven assets. As the Donald Trump administration finalises trade deals, global economic uncertainties are…

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Saudi Arabia’s PIF named most valuable and fastest-growing sovereign wealth fund brand in 2025 | World News

PIF achieved a 62.9 Brand Strength Index score with an A+ rating, ranking second among sovereign wealth funds in 2025/ Image: PIF TL;DR PIF tops global SWF rankings with $1.2B brand value and fastest growth. BlackRock leads asset managers, followed by JP Morgan and Vanguard. PIF’s strength is driven by strategic investments, branding, and governance…

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