Oracle begins cutting jobs, 3,000 may face the axe in India taking workforce to 27,000; routine Indian IT sector roles face pressure even as GCC hiring is set to grow 9-10%

The latest Oracle cuts come against the backdrop of similar workforce reductions Oracle has started another round of job cuts globally, with industry experts tracking the company estimating that around 10% of its India workforce, or roughly 3,000 employees, could be affected.Business Insider reported that the latest layoffs began on Monday. The company had already…

Read More

‘H-1B visas should not exist to replace American workers with low-wage foreigners’: JD Vance

US Vice President JD Vance has defended the Trump administration’s efforts to reform the H-1B visa programme, saying the system should “not exist to replace American workers with low-wage foreigners.”Speaking on the business and technology show All-In Podcast, Vance said the administration pursued changes through executive and administrative measures because of the lack of political…

Read More

UPI charges from October 15: 0.4% MDR on payments above Rs 2,000, but flat Rs 5 fee for railway tickets, fuel, insurance and utilities; sending money to friends, family, Autopay for OTT stays free

The MDR will have to be borne by merchants. Larger retailers, online platforms and restaurants, among others, may choose to absorb the cost. The National Payments Corporation of India (NPCI) on Tuesday announced a 0.4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, subject to an overall cap of Rs 300. For utility…

Read More

Gold price prediction today: Will gold continue bearish trend? Check September 16, 2026 outlook

Fundamentally, gold’s near-term outlook stays cautiously bearish, with Fed guidance the key swing factor. Gold price prediction today: Gold’s outlook in the near-term continues to be cautiously bearish, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Below is here detailed view and outlook on gold prices:Oil prices have…

Read More

‘To strengthen UPI’s long-term sustainability’: RBI backs 0.4% MDR on transactions above Rs 2,000

The RBI said the move would help UPI “continue to scale, innovate and serve consumers.” NEW DELHI: The Reserve Bank of India has backed the introduction of a Merchant Discount Rate (MDR) on large-value UPI transactions, saying the move would help strengthen the long-term sustainability of India’s digital payments ecosystem.The National Payments Corporation of India…

Read More

In 1835, Free Frank McWorter, a formerly enslaved man, paid $100 for 80 Illinois acres; a year later he founded New Philadelphia, and 191 years later nearly 20 acres entered NPS ownership

Nearly two centuries after a formerly enslaved pioneer bought 80 acres of Illinois prairie and founded the first legally registered town in the United States platted by an African American, nearly 20 acres of the historic townsite have officially been transferred to the National Park Service.According to the National Park Service, the land was donated…

Read More

Uk Breakup: Scotland, Northern Ireland and Wales sign historic MoU to break away from UK

Scottish first minister John Swinney, his Welsh counterpart Rhun ap Iorwerth and Northern Ireland’s Michelle O’Neill signed the MoU at a summit in Cardiff. LONDON: Elected representatives of three devolved UK legislatures – Scotland, Northern Ireland and Wales – signed a historic pact on Monday, declaring their intent to break free of Westminster’s control.“The political…

Read More