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Delhi-NCR taxi and auto unions begin 3-day strike: All you need to know

Image Used For Representational Purpose Only NEW DELHI: Commercial vehicle drivers’ unions in Delhi-NCR began a three-day strike on Thursday, demanding a hike in taxi and auto fares amid rising fuel prices, though several auto and taxi unions distanced themselves from the protest, saying services would continue as usual.The strike, called from May 21 to...

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US billionaire does not agree with doomers who believe AI will take away jobs

Mark Cuban. Facebook, WhatsApp and Instagram-parent Meta started alerting thousands of employees across the globe about layoffs. The company began notifying employees from Wednesday morning (may 20), starting reportedly with employees in Singapore who got the email at 4 am. Meta is not the only company to have announced AI-driven layoffs, other tech giants too...

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Falta repolling: Voting begins in Bengal’s high-stakes seat amid tight security

NEW DELHI: Repolling in West Bengal’s Falta assembly constituency began on Thursday amid tight security, as the seat in South 24 Parganas district emerged as a political flashpoint between the ruling BJP and the ousted TMC.Falta, which falls within Abhishek Banerjee’s bastion of Diamond Harbour, reflected the intense on-ground political heat during the West Bengal...

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‘Hair on fire’: Trump, Netanyahu call turns tense over Iran strategy

File photo US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu held a difficult phone call on Tuesday over efforts to revive diplomacy with Iran, with US media reports indicating a divide over whether to pursue negotiations or return to military action.As per Axios, Trump and Netanyahu discussed a revised peace proposal drafted by...

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Months after tie-up with OpenAI and Anthropic, Intuit to layoff 3,000 employees

Representative Image Intuit employees have become the latest to be affected by the wave of artificial intelligence (AI)-linked job cuts across the technology industry. The US-based financial software maker is reportedly cutting around 3,000 jobs globally, which is nearly 17% of its workforce. According to a report by the news agency Reuters, the company said...

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India’s peak power demand hits all-time high for 3rd straight day

NEW DELHI: India’s peak power demand hit an all-time high for the third straight day on Wednesday, with electricity requirement touching 265.4 GW amid intensive use of ACs and cooling appliances due to scorching heat across the country.The peak electricity demand was recorded at 257.5 GW on Monday, which was eclipsed on Tuesday with a...

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Financiers can’t block borrower phones, online shaming barred

MUMBAI: Mobile phone financiers will face restrictions on “mobile lock” practices under RBI’s amended rules for loan recovery. Under the reworked draft regulation, lenders can restrict financed devices only under explicit contractual consent and after a 90-day default cycle with a staged 60-day and 7-day notice regime, while mandating that core functions such as incoming...

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Landslide blocks Kedarnath road; 10,000 stranded pilgrims rescued

More than 10,000 pilgrims were stranded on the Kedarnath yatra route late Tuesday after a landslide blocked the Sonprayag-Gaurikund highway in Uttarakhand’s Rudraprayag amid continuous rain. The landslide hit the key Char Dham route during peak pilgrimage season as erratic weather continues to affect pilgrimage routes in Uttarakhand, report Gaurav Talwar & Kautilya Singh. The...

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