July 29, 2025

European Shares Reach Four-Month High Following EU-U.S. Trade Deal

European shares surged to a four-month high after the EU and U.S. struck a trade deal, spurring gains in auto and pharmaceutical stocks. The STOXX 600 index is nearing its all-time high, driven by expectations of additional trade agreements.

July 29, 2025

Gold Prices Hit Two-Week Low as Market Awaits Fed Decision

Gold prices have fallen to a two-week low at Rs 98052 per 10 grams amid profit-taking and optimism about a trade deal. Silver sees a minor increase, trading at Rs 113330 per kg. Market analysts expect volatility influenced by the Federal Reserve's upcoming policy decision.

July 29, 2025

India's IT Sector Shifts Focus from Freshers to Experienced Talent

India’s leading IT companies are scaling back on fresher hiring, with net additions falling to under 5,000. This trend highlights a demand for experienced professionals with specialized skills in AI, cloud, and cybersecurity, leaving fewer opportunities for new graduates.

July 29, 2025

TCS to Lay Off Over 12,000 Employees Amid AI Shift

Tata Consultancy Services will lay off 12,261 employees, around 2% of its workforce, the largest in its history. The layoffs are due to the impact of AI and economic uncertainties, affecting primarily mid-level and senior roles. TCS aims to restructure for future growth, thanking outgoing employees for their service.

July 29, 2025

India's Pulse Crop Acreage Contracts Amidst Uncertain Market Conditions

Acreage dedicated to pulse crops in India has decreased by 6.75% compared to last year. Despite this decline, market analysts predict that prices may not significantly rise, partly due to excess rainfall affecting crop health, especially in Bundelkhand.