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Business

GCC layoffs in India may reach 30,000 amid AI-driven shift

India's global capability centres (GCCs) face workforce reductions estimated between 5,000 and 30,000 jobs this year as companies prioritize AI-driven productivity. Despite cuts, GCCs in India are expanding strategic roles in AI, engineering, and product development. India hosts over 2,100 GCCs employing around 2.4 to 2.5 million professionals. Layoff estimates vary, with some CEOs citing 25,000-30,000 jobs cut, others 4,000-5,000. Notable cuts include 1,500 at Visa and 200 at PayPal.

Mint Companies·4h ago

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World

Mustard Farming Tips for High Yield with Best Varieties

For better mustard crop yield, selecting advanced and region-appropriate varieties is crucial. Farmers should choose varieties based on soil, weather, irrigation facilities, and local agricultural conditions before sowing. Using quality seeds, timely sowing, balanced nutrition, and proper irrigation can significantly improve crop productivity.

News18 Hindi·39m ago

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Health

Counselling Essential to Tackle Student Suicides Beyond Ceiling Fans

Following multiple student suicides at IIT Bombay and BIT Mesra, these institutions are considering installing ceiling fans in hostels as a preventive measure, inspired by Kota's anti-suicide initiatives. Experts warn that such measures are cosmetic and emphasize the need for sustained counselling and reforming the competitive education system. A Supreme Court panel survey found about 15% of higher education students faced suicidal thoughts.

Hindustan Times·36m ago

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Business

Japan 2-Year Bond Yield Nears 2% Amid BOJ Rate Hike Bets

Japan's two-year government bond yield approached 2%, reaching its highest level since 1995. This rise is driven by persistent inflation, a weakening yen, and growing expectations of further rate hikes by the Bank of Japan, which have pushed short-term borrowing costs higher.

ET Markets·45m ago

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Politics

India Conducted Surgical Strikes Across LoC After Uri Attack in 2016

On the morning of September 29, 2016, India announced a surgical strike across the Line of Control targeting terrorist launch pads in Pakistan. This operation was a response to the September 18 Uri attack that killed 19 Indian soldiers. Lt Gen Ranbir Singh, then DGMO, stated the strikes were based on specific and credible intelligence to prevent terrorist infiltration into Jammu and Kashmir and other Indian metros.

Hindustan Times·55m ago

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Business

T-Series' Bhushan Kumar Tops Bollywood Rich List with ₹36,300 Crore

Bhushan Kumar, head of T-Series, is the richest person in Bollywood with a net worth of approximately ₹36,300 crore ($3.8 billion), surpassing the combined wealth of Shah Rukh Khan, Salman Khan, and Aamir Khan. The Hurun India Rich List 2026 ranks him 87th among India's richest, highlighting his wealth in the entertainment sector amid dominance by entrepreneurs in minerals, real estate, pharmaceuticals, and energy.

HT Entertainment·1h ago

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