Cabinet Approves Rs 7,453-cr VGF Scheme For Offshore Wind Energy Projects

Amazon CEO Andy Jassy warned corporate employees that AI will significantly reduce the workforce in the coming years due to efficiency gains, prompting backlash from staff who expressed concerns over job displacement and reliance on AI technology. While Jassy encouraged adaptation to these changes, employees questioned whether leadership would face similar cuts, noting an expansion in senior roles during his tenure. Need More Context? 🔎

A 39-year-old woman was found murdered in Jeedimetla, allegedly by her daughter and her boyfriend, Shiva, after she opposed their relationship sparked on Instagram. Following the daughter's elopement with Shiva and a police complaint filed by the mother, the victim's sister claims the pair killed her with a hammer, prompting an investigation by local authorities. Need More Context? 🔎

Aamir Khan's 'Sitaare Zameen Par' had a strong opening weekend, surpassing expectations for a niche film, with notable growth over Saturday and Sunday. However, it experienced a sharp decline on Monday and Tuesday, and its ongoing success will depend on maintaining audience interest throughout the week, especially with the imminent release of 'Maa.' Need More Context? 🔎

The Public Provident Fund (PPF) rate may drop below 7% for the first time in decades due to the Gopinath Committee formula and changing 10-year government bond yields. However, PPF remains an appealing investment option because of its tax-free interest, particularly when compared to taxable bank deposits and limited Voluntary Provident Fund contributions. Need More Context? 🔎

Stock markets in India, led by Nifty50 and BSE Sensex, surged on Tuesday following Donald Trump's announcement of a ceasefire between Iran and Israel, with Nifty50 surpassing 25,200 and BSE Sensex gaining over 900 points. Analysts expect continued consolidation in Indian equities as global geopolitical developments unfold, while oil prices fell and gold dropped to a near two-week low amidst reduced demand for safe-haven assets. Need More Context? 🔎

About the AuthorPankul SharmaA journalist based in Dehradun, Uttarakhand, Pankul Sharma has over 18 years of experience and serves as the Principal Correspondent for TOI. His coverage areas include archaeology, industry, and judiciary matters, including the High Court, NGT, Consumer Commission, and various tribunals.Read More Need More Context? 🔎