In a groundbreaking development for Indian higher education, the Illinois Institute of Technology (Illinois Tech) has received official approval from the University Grants Commission (UGC) to establish a degree-granting campus in India. The Chicago-based university’s Mumbai campus is set to open in 2026, offering undergraduate and postgraduate programs in computer science, engineering, and business. This makes Illinois Tech the first US university to receive UGC approval under India&rsq

Choosing the right investment vehicle for long-term wealth creation is a crucial step for financial planning. Among the most common options available to Indian investors are ULIPs (Unit Linked Insurance Plans), mutual funds, and direct investment in stocks. Each of these instruments offers a different mix of risk, return, flexibility, and cost. Understanding their core differences can help individuals make better investment decisions aligned with their goals and risk appetite.

In a continuing wave of restructuring efforts across the tech industry, Google has laid off approximately 200 employees from its global business organization, a division responsible for sales, partnerships, and customer operations. This development comes as the company intensifies its focus on artificial intelligence and the development of large-scale data center infrastructure, signaling a strategic redirection of its resources. The layoffs, first reported by The Information and la

The year 2025 has already become a defining chapter in the history of global technology regulation. Once considered too powerful to be challenged, companies like Meta, Apple, and Google are now being pulled into intense legal battles that threaten to alter the very core of their operations. With their massive influence and trillion-dollar valuations, these tech giants are under scrutiny like never before, as governments and regulators across the globe seek to rein in what many see as unchecke

An unsettling incident unfolded Wednesday night during a Major League Baseball game at PNC Park, where a Pittsburgh Pirates fan fell from the 21-foot-high Clemente Wall in right field. The fall occurred in the midst of the game between the Pirates and the Chicago Cubs, halting play and sending shockwaves through players and spectators alike. The individual, whose identity has not been made public, landed on the warning track and lay motionless, drawing immediate concern from both teams and on

As the landmark antitrust case against Google moves into its remedies phase, the company’s CEO Sundar Pichai has taken the stand to argue against proposed penalties that could drastically reshape the tech giant. Among the most significant proposals from the US Department of Justice (DoJ) is the possibility of breaking up Google including forcing the company to sell its Chrome browser and share user data and search results with competitors. The case, initially filed by the DoJ in 2020, c

Veteran emerging markets investor Mark Mobius has shifted nearly all of his investments into cash, citing ongoing global trade tensions and market uncertainty. In an interview with Bloomberg Television, Mobius said that he currently has around 95% of his funds in cash, declaring that “cash is king” as the global economy navigates unstable trade dynamics. Mobius, who has over three decades of experience investing across developing markets and co-founded Mobius Capital P

In a bold and sweeping move that signals a major shift in strategy, Intel Corporation is reportedly planning to lay off 20 percent of its global workforce. The decision, expected to be formally announced this week, marks the first significant restructuring initiative under newly appointed CEO Lip-Bu Tan, who took charge in March this year. The news, reported by Bloomberg, indicates a new era for the once-dominant chipmaker as it seeks to reclaim its position in a rapidly changing semiconducto

Nvidia, the crown jewel of Wall Street's artificial intelligence boom, suffered a staggering market loss this week, shedding nearly 7% of its value — over $148 billion in market capitalization — following the U.S. government's renewed crackdown on advanced chip exports to China. The dramatic sell-off marks one of the most severe single-day hits for the tech giant and signals growing fragility in the semiconductor sector amid intensifying geopolitical tensions. The immediat

The debate around artificial intelligence (AI) replacing human jobs has once again intensified with a bold announcement from Shopify CEO Tobias Lütke, who has declared that AI integration is now a mandatory part of the company’s workflow. In a detailed internal memo shared publicly on X (formerly Twitter), Lütke introduced a sweeping change in company policy that could reshape how employees approach work — and even how their performance is measured. In the message, L&uum

Union Minister Piyush Goyal’s recent remarks questioning the direction of India’s startup ecosystem have sparked a wave of reactions from prominent startup leaders and tech entrepreneurs. While addressing an audience, Goyal questioned whether Indian startups are merely focused on "dukaandari"—running shops—by prioritizing delivery services, fantasy sports, and betting platforms, as opposed to Chinese startups that are innovating in areas like electric vehicle

The uncertainty surrounding U.S. immigration policies has intensified fears among H-1B visa holders, particularly in the technology sector. As concerns grow over potential policy changes under Donald Trump’s administration, major tech companies, including Microsoft, Google, and Amazon, have issued warnings to their foreign employees, advising them to avoid international travel. H-1B visas play a crucial role in the U.S. economy, particularly in the tech industry, where they

Thousands of immigrant tech workers, especially Indians living in the United States, are currently facing unprecedented uncertainty regarding their future due to President Donald Trump’s renewed focus on strict immigration policies. The tightening of these policies has left many H-1B visa holders—including employees at top tech companies like Google, Amazon, Meta, and Microsoft—concerned about their job security, ability to travel internationally, and even the citizenship st

The Pakistan Cricket Board (PCB) has reportedly suffered an estimated Rs 869 crore (USD 85 million) loss after hosting the ICC Champions Trophy 2025, resulting in severe budget cuts across various sectors of Pakistani cricket. This substantial financial setback has prompted drastic cost-cutting measures, including reductions in match fees and player accommodations. The financial blow stems from heavy investments in stadium upgrades and event preparations. According to a report by The Telegrap

The aggressive trade policies of US President Donald Trump have sent shockwaves through global markets, with Wall Street facing a significant downturn. Major indices such as the S&P 500, Nasdaq, and Dow Jones witnessed sharp declines in the overnight trading session. The financial turbulence erased a staggering $4 trillion from the S&P 500's peak just last month.   Impact on Major Tech Stocks The recent sell-off disproportionately

The Indian stock market continues to remain volatile, leaving investors uncertain about where to invest their money. After facing a three-week losing streak, the market started positively on Monday, but gains were short-lived as Sensex and Nifty slipped into negative territory in the afternoon session. Despite this recent setback, the markets witnessed some positivity last week, marking the best weekly performance in 2025 so far. Midcap and smallcap stocks outperformed broader indices, with t

MWC Barcelona 2025 came to a successful close on March 6, with the GSMA reporting an impressive turnout of 109,000 attendees. This year’s event attracted top tech industry leaders, innovators, and policymakers from around the world, solidifying its status as the most influential connectivity event globally. John Hoffman, CEO of GSMA, reflected on the event's impact, emphasizing how discussions at MWC shape future technological advancements. He remarked, "MWC is where industries

Microchip Technology has announced plans to lay off 2,000 employees, approximately 9 percent of its global workforce, as part of a restructuring plan aimed at cost reduction and operational efficiency. The decision is driven by declining semiconductor demand, particularly from the automotive sector, where companies are struggling to clear existing chip inventories before placing new orders.The semiconductor industry has faced challenges over the past year, with demand fluctuations affecting m

Amazon Web Services, the cloud computing arm of Amazon, is set to invest approximately $8.2 billion in Maharashtra over the next few years, according to the Ministry of Electronics and Information Technology. IT Minister Ashwini Vaishnaw stated that the investment would play a key role in job creation while strengthening India’s cloud computing infrastructure. The investment is expected to be rolled out between 2029 and 2030.AWS is also planning to introduce its own graphics processing

The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de