Summary: In 2025, layoffs have affected multiple industries as companies cut jobs to reduce costs and adapt to economic shifts. The tech sector continues to struggle, with major firms like Google and Meta reducing headcounts due to automation and declining revenues. Financial institutions, including Goldman Sachs and JPMorgan, have also made job cuts amid economic slowdowns. Retailers such as Walmart and Target are closing underperforming stores, while automakers like Ford and GM restructure workforces due to the EV transition. Media, healthcare, and manufacturing have also seen layoffs. While job cuts persist, industries like AI, cybersecurity, and renewable energy offer new opportunities. As economic uncertainties persist, 2025 has seen a wave…

Summary: Reliance Industries’ shares fell 3.6% following reports of a potential ₹125 crore penalty from SEBI due to alleged regulatory violations. While the penalty is minor compared to Reliance’s financial scale, the news triggered investor concerns over corporate governance and regulatory scrutiny. Analysts noted that such fines can hurt investor sentiment despite their limited financial impact. Reliance has not yet officially responded, and the market will be watching closely for further updates. Reliance Industries Limited (RIL), one of India’s largest conglomerates, witnessed a sharp decline in its share price on Tuesday, falling by 3.6% during intraday trading. The sudden drop comes amid reports that the company could be facing a…

Summary: Darwinbox, a leading HR tech platform, is in advanced talks to raise $150 million in a funding round led by KKR and Partners Group, valuing the company at around $950 million. The investment includes both primary and secondary components, with early investors expected to exit partially or fully. Founded in 2015, Darwinbox has seen rapid growth, with a 58% revenue surge in FY24 driven by international expansion. The funding is seen as a step towards a potential IPO later this year, solidifying its position in the global HR tech market. The funding round will comprise both primary and secondary investments. KKR is anticipated to contribute $50 million, while Partners…

Summary: Taiwan’s Delta Electronics is investing $500 million in India to enhance manufacturing and innovation, aligning with the ‘Make in India’ initiative. The investment will expand production facilities for power electronics, EV components, and energy-efficient solutions while creating jobs and boosting India’s role in the global supply chain. Delta is also investing in R&D to drive advancements in smart automation and green energy. The company sees India as a key market due to favorable policies, skilled talent, and rising demand for technology, further strengthening India’s position in global electronics manufacturing. Taiwan-based Delta Electronics has announced a substantial $500 million investment in India, aimed at strengthening the country’s manufacturing capabilities and…

Summary: Google Pay has introduced a convenience fee on bill payments made using credit and debit cards, impacting users who rely on the platform for recurring expenses. The fee varies by transaction type and region, while UPI-based payments remain free. The move is likely driven by processing costs, revenue diversification, and an effort to encourage UPI usage. Users may face increased costs but can avoid fees by opting for UPI or alternative payment platforms. This change may influence payment habits as consumers seek cost-effective ways to manage their transactions. Google Pay has announced the introduction of a convenience fee on card-based bill payments, a move that is expected to impact…

Summary: A new wave of sweeping tariffs imposed by major economies like the U.S., EU, and China is set to disrupt global trade. These tariffs aim to protect domestic industries but risk triggering retaliatory measures, escalating trade tensions. Experts predict rising prices, inflation, and supply chain disruptions, impacting industries such as technology, automotive, and agriculture. Countries are exploring new trade alliances, with Southeast Asia and Latin America poised to benefit. While protectionist policies may offer short-term domestic gains, prolonged trade conflicts could fragment global trade and hinder economic growth. Businesses and consumers must brace for an evolving trade landscape. A new wave of sweeping tariffs is set to disrupt global…

Summary: Reports suggest DOGE (Dogecoin) attempted to access IRS taxpayer data, raising privacy and security concerns. The IRS is investigating possible unauthorized access, while regulators examine legal implications and potential risks. Financial authorities may impose stricter regulations on cryptocurrencies handling sensitive data. Meanwhile, the Dogecoin community dismisses the claims as misinformation. If confirmed, the incident could lead to increased oversight of digital assets and their interactions with financial institutions. Recent reports indicate growing concerns regarding an attempt by DOGE (Dogecoin) to access IRS taxpayer data, sparking debates over privacy and data security. The move has raised alarm among regulators and financial experts, who question the cryptocurrency’s involvement in such sensitive…