The Walt Disney Company is cutting several hundred jobs across its film and television divisions, a Disney spokesperson confirmed to USA TODAY. The layoffs, which formally took effect on Monday, June 2, impact departments involved in marketing, publicity, casting, development, and parts of corporate finance. No entire teams are being dissolved, the company said.A Disney…
PM to inaugurate Chenab rail bridge NEW DELHI: Prime Minister Narendra Modi will inaugurate the world’s highest railway bridge, built over the Chenab River in Reasi district on June 6. Union minister Jitendra Singh confirmed this on Tuesday.Along with the bridge, the Prime Minister will also launch the Katra-Srinagar Vande Bharat train service. In a…
The Organisation for Economic Co-operation and Development (OECD) lowered its global economic growth forecast on Tuesday, citing the impact of a widening trade war driven by US President Donald Trump’s tariff policies. The Paris-based organization warned that these measures, particularly new tariffs, are set to significantly slow the world economy, with the United States expected…
NEW DELHI: An Indian-origin UC Berkeley graduate has sparked a debate about the startup funding ecosystem after claiming he received responses from 27 venture capitalists—four of whom asked for a meeting—by posing as a fake founder with no real product or pitch, but with the right mix of elite buzzwords.Bhavye Khetan, who earned a bachelor’s…
Market experts anticipate continued consolidation amidst unfavourable global indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, were volatile in trade on Tuesday. While Nifty50 went below 24,550, BSE Sensex sank over 700 points. At 1:17 PM, Nifty50 was trading at 24,517.95, down 199 points or 0.80%. BSE Sensex…
Considering the ongoing US-China tension and weakness in the US Dollar Index, it is advisable to buy the dips with stoploss below $3,325/$3300. (AI image) Gold price prediction today: Gold rates have shown considerable volatility recently, without establishing a definitive trend in either direction. International developments, particularly the trade tariff decisions by Donald Trump and…
Yes Bank’s stock is expected to attract attention today as its board convenes to discuss potential fundraising initiatives. (AI image) Yes Bank share price today: Yes Bank shares plummeted 7.4% to Rs 21.55 during early trading hours on Tuesday following reports of 3% equity changing ownership through multiple block deals in the day’s session.Reports from…
India-US trade deal (Representative AI image) NEW DELHI: The United States Commerce Secretary on Tuesday said India’s longstanding arms trade with Russia had previously strained ties with Washington, but a gradual shift towards US-made military equipment is now helping pave the way for a bilateral trade deal.“There were certain things that the Indian government did…
The Trump administration appears to be in a rush to finalise trade agreements before its self-imposed deadline expires. (AI image) The Donald Trump administration has issued a new ultimatum to countries to share their best offers on trade deals by Wednesday, five weeks ahead of the day when the reciprocal tariffs are set to kick…
