India’s tech workforce gets another jolt: Oracle is cutting around 3,000 jobs while Microsoft puts about 500 employees on PIPs as companies shift budgets towards newer skills

India’s IT hiring landscape is undergoing a significant change. Layoffs have headlined the global tech landscape for over a year now and the trend continues as the industry faces one its biggest disruptions in recent years. In India too the tech hiring and firing situation is evolving fast.Global tech giant Microsoft has put around 500…

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India’s PMI slips to 52.8 as factory growth loses steam, hits five-year low

India Manufacturing PMI falls to 52.8 in August India’s manufacturing sector lost further momentum in August, with slower output and new orders dragging factory activity to its weakest level in five years. Employment also fell for the first time in two-and-a-half years, marking a broader slowdown in the sector.The seasonally adjusted HSBC India Manufacturing Purchasing…

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India’s GDP grows 7.8% in Q1: Factors powering the economy despite global turmoil

India’s GDP grows 7.8% in Q1 War next door. Markets on edge. Commodity prices swinging. Yet India’s growth engine continues to run strong, clocking a 7.8% GDP growth for the April-June quarter.The Q1 numbers for the financial year 2026-2027 are particularly significant as they beat expectations and comfortably exceeded the Reserve Bank of India’s 7%…

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Sold a property funded entirely by you but jointly owned with your wife? You may claim 100% Section 54 LTCG exemption on a new home in your name; what your wife should report in her ITR

Section 54 provides relief from long-term capital gains tax when an individual or HUF sells a residential house and reinvests the capital gain in another residential house. You bought a property jointly in the name of yourself and your wife, but the entire money spent on the purchase came from you. Now you are planning…

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Gold price prediction today: Will gold trade with bearish bias? Check September 1, 2026 outlook

The yellow metal is likely to consolidate in near term with a possible test of support at $4370. Gold price prediction today: Gold prices are under pressure due to the US Federal Reserve chair’s hawkish outlook, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold Price Performance: The Fed Chair Warsh, in his…

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Shun foreign holidays, weddings abroad, buy gold only if needed: PM Modi’s ‘vocal for local’ pitch

PM Modi hailed India’s 7.8% GDP growth, says youth dreams need sustained effort NEW DELHI: Prime Minister Narendra Modi on Tuesday urged Indians to embrace the ‘vocal for local’ mantra, asking people to avoid foreign holidays, hosting weddings abroad and buying gold unless necessary, while hailing the country’s robust GDP growth. He linked the appeal…

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Top stocks to buy or sell today: Stock market recommendations for September 1, 2026 – check list

Top stocks to buy or sell on September 1, 2026 Stock market recommendations: Indusind Bank, Computer Age Management Services (CAMS), and Dixon Technologies (India) are the top stocks to buy that have been picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for September 1, 2026. Patanjali Foods has been identified as a…

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