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US GOVERNMENT SPENDING CUTS
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...- Karnataka govt seeks caste, income details in Gruha Jyoti drive; sparks BJP protest
- LDF walks out of Kerala Assembly, accuses CM Satheesan of 'misleading' House on fund cuts
- Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...01 Jul, 2026, 08.15 AM IST
- US govt lifts restrictions on powerful AI models, Anthropic saysAnthropic will soon begin restoring access globally to its most powerful AI models, Fable 5 and Mythos 5, after the US government lifted a ...01 Jul, 2026, 07.38 AM IST
- Fiscal deficit widens to 9.6% of FY27 target on higher spendingIndia's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year...01 Jul, 2026, 01.02 AM IST
- US Stocks: Oppenheimer makes rare cuts to top US investment banks, backs alternative asset managersOppenheimer has downgraded major U.S. investment banks like Goldman Sachs and Morgan Stanley, citing limited upside despite a positive envi...30 Jun, 2026, 07.19 PM IST
- US stocks may be headed for a sharp correction, warns Andrew Freris amid AI spending boomMarket strategist Andrew Freris warns Wall Street's rally is built on shaky ground, citing weak earnings and excessive AI enthusiasm. He ad...30 Jun, 2026, 12.16 PM IST
- Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...30 Jun, 2026, 11.30 AM IST
- US Stock Market: Economic resilience collides with expensive valuations on Wall StreetThe US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of ...30 Jun, 2026, 09.45 AM IST
- How NATO will try to keep Trump happy at Ankara summitUS President Donald Trump is set to attend a NATO summit in Ankara, aiming to appease him after his criticism of allies' response to his Ir...30 Jun, 2026, 08.08 AM IST
- Trump's tariffs aren't saving jobs at Whirlpool's Iowa refrigerator plantWhirlpool's drastic decision to cut over half its Iowa plant's workforce throws a wrench in President Trump's tariff strategy designed to b...29 Jun, 2026, 03.50 PM IST
- UK's likely next leader Burnham to unveil plan to shift power from LondonAndy Burnham, poised to lead Labour, will unveil a plan to shift power from London to Britain's regions, aiming to boost living standards t...29 Jun, 2026, 07.47 AM IST
- Austria lobbies EU to host Anthropic AI after US curbs: ReportAustria is pushing the European Union to consider hosting Anthropic AI system within its borders to counter efforts by the U.S. to bloc...28 Jun, 2026, 07.39 PM IST
- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...28 Jun, 2026, 10.36 AM IST
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...27 Jun, 2026, 04.56 PM IST
- Andy Burnham distanced himself from UK Prime Minister Starmer, but may be stuck with his policiesA significant leadership change is imminent in Britain as Andy Burnham prepares to succeed Prime Minister Keir Starmer. Burnham, recognized...27 Jun, 2026, 11.05 AM IST
- Meet Kondragunta Mahalakshmamma: The 94-year-old Andhra woman who gave up US citizenship to 'die as an Indian'A 94-year-old Andhra Pradesh woman, Kondragunta Mahalakshmamma, has renounced her US citizenship to reclaim her Indian nationality. Her hea...26 Jun, 2026, 10.38 AM IST
- Global Market: US revises 2026 first-quarter GDP growth up to 2.1%The US economy showed stronger growth than initially thought in the first quarter, reaching an annual rate of 2.1 percent. This upward revi...26 Jun, 2026, 07.45 AM IST
- Japan's super-long bonds briefly change course to fall after weak auctionJapan's long-dated bond market saw a dip Friday after a 20-year bond auction attracted weak investor interest. Concerns over increased gove...25 Jun, 2026, 11.36 AM IST
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