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As rupee continues to breach multiple record lows, pressure on India’s balance of payments is growing. To protect foreign exchange reserves and help stabilise trade balance, Prime Minister Narendra Modi has urged people to cut down on gold purchases.But if not buying new gold, could household gold be turned into working capital instead?PM Modi’s call…
Meta is cutting 8,000 jobs on May 20 as CEO Mark Zuckerberg rebuilds the company around small, AI-powered teams. With capex hitting a record $125–145 billion this year, CFO Susan Li admitted there’s no clean answer for what Meta’s ideal headcount even looks like anymore. The company wants builders who can ship alone what teams…
Union Minister Ashwini Vaishnaw on Monday reiterated PM Modi’s call to step down spending on imports and help the country save foreign exchange. This comes as the Middle East conflict is showing no signs of cooling down and its impact ripples through global economy.Speaking at the CII Annual Business Summit 2026 in New Delhi, minister…
Jewellery segment shares fell sharply on Monday after Prime Minister Narendra Modi’s call to cut gold purchases. Share prices of Senco Gold and Kalyan Jewellerys tumbled over 8% while Titan was down over 6%.Speaking in a rally earlier on Sunday, PM Modi called citizens to help preserve foreign exchange reserves. His appeal included avoiding unnecessary…
HYDERABAD/NEW DELHI Amid global energy supply disruption, PM Narendra Modi on Sunday urged people to use public transport and revive work from home to reduce dependence on petrol and diesel – which largely come from imported crude – and conserve foreign exchange by avoiding overseas weddings and vacations as well as unnecessary gold purchases.The suggestions,…
The pain of a scene being cut from a film is something most character actors know all too well. Actor Amit Behl, known for his roles in ‘Lakshya‘ and the television show ‘Shanti’, has now spoken candidly about that reality and the rare stars who chose professionalism over insecurity. He talked about Hrithik Roshan‘s humility…
Air India has told employees that it does not anticipate layoffs despite mounting financial pressures linked to the Middle East conflict, while also directing teams to sharply reduce costs and suspend discretionary spending.During a townhall meeting on Friday, Air India chief human resources officer Ravindra Kumar GP assured staff that job cuts were not expected…
America’s widening income divide has become more visible after the sharp rise in fuel prices linked to the Iran war, with lower-income households forced to cut back on driving even as their spending on gasoline increased, according to a new Federal Reserve Bank of New York study cited by AP.The report showed that while wealthier…
Javed Habib revealed his grandfather, Nazir Ahmed, worked at Rashtrapati Bhavan and served as a barber to Mahatma Gandhi and Jawaharlal Nehru. He recalled his legacy and shared anecdotes, including Nehru gifting him a watch. Habib also said his father declined a similar role, choosing to pursue training in London instead. Celebrity hairstylist Javed Habib,…
Tamizh Amudhan and Vincent Keymer CHENNAI: Rain lashed Thiruthangal, a neighbourhood in Sivakasi, all of Friday night. The power had been cut since six in the evening, plunging the area in darkness. But inside one of the modest houses, an eight-year-old boy, with just a candle flickering beside him and a mobile torch lighting up…
