Oracle India has confirmed that it will cut approximately 12,000 jobs as part of a major restructuring plan aimed at streamlining operations. This massive reduction in its workforce comes amidst growing challenges in the tech sector, including cost-cutting measures, automation, and shifts in business strategy. Oracle’s move is expected to send shockwaves throughout the Indian job market, which has been dealing with an increasing number of job losses in the technology sector. The l

Reports circulating across online platforms indicate that Oracle Corporation may have initiated a fresh round of layoffs affecting employees in multiple regions, including India and Mexico, though the company has not issued an official confirmation regarding the scale or timing of these actions. Employees posting on professional forums such as Blind and Reddit described receiving early morning emails informing them that their positions had been eliminated with immediate effect. Several individuals reported that these notifications arrived as early as 5:00 AM or 6:00 AM local time, though the exact date of these communications has not been independently verified. Many said the messages were sent directly from company leadership without prior notice, formal HR discussions, or communication from direct managers. Accounts shared online suggest that access to internal systems was revoked shortly after the emails were delivered, leaving affected employees without a transition period. Some posts indicate that roles within cloud computing and engineering teams may have been impacted, although the full scope of departments involved remains unclear. Unverified claims circulating on social media suggest that between 20,000 and 30,000 employees could be affected, representing a significant portion of Oracle’s global workforce of approximately 162,000. However, these figures remain speculative and have not been confirmed by the company. The reported layoffs come at a time when Oracle continues to expand its investments in artificial intelligence infrastructure and data centers. Industry observers note that many technology companies are restructuring operations to prioritize AI-driven initiatives and cloud services, which may involve reallocating resources and reducing roles in other areas. Similar workforce reductions have been observed across the broader tech industry in recent months, as companies reassess hiring strategies following periods of rapid expansion. While some analysts link these layoffs to increased spending on AI, others suggest they reflect efforts to correct overhiring during earlier growth cycles. In the absence of an official statement, the full extent and impact of the reported layoffs at Oracle remain uncertain, with affected employees continuing to share their experiences across online platforms.

In a tragic incident in Bihar's Nalanda district, eight women lost their lives in a stampede that occurred at a local temple. The incident took place when thousands of devotees had gathered for a religious event, leading to a massive crowd surge that caused the deadly stampede. The temple, a popular site for pilgrims, became the scene of chaos and panic as people rushed towards the main entrance. Authorities have expressed deep sorrow over the incident and have ordered an immediate probe into

India is on the verge of introducing its first widely accessible dengue vaccine, marking a critical step in the fight against a disease that continues to spread rapidly across the country. After a key expert panel under the Central Drugs Standard Control Organisation (CDSCO) recommended the importation of Takeda’s tetravalent dengue vaccine, the country could soon see the vaccine rolled out for individuals aged 4 to 60 years. This recommendation comes at a time when dengue cases in India ar

An aircraft bound for India was reportedly damaged in a strike at Mashhad International Airport in Iran on Monday, March 30, 2026, disrupting a planned humanitarian aid mission and drawing sharp condemnation from Iranian authorities. Iranian officials described the incident as a “war crime” and a violation of international law as regional tensions continue to escalate. The civilian aircraft was stationed on the ground at Mashhad International Airport when it was struck during a re

As of Monday, March 30, 2026, the bullion market in India has seen significant price movements for both gold and silver. The price of gold rose to ₹148,530.00 per 10 grams, reflecting a positive change of ₹1,220 (+0.830%). Similarly, silver prices also experienced an uptick, reaching ₹231,390.00 per kilogram, up by ₹3,010 (+1.320%).   Gold Rate Today in India  

The Indian rupee slipped past the 95 mark against the US dollar on March 30, 2026, hitting an all-time low of 95.20 per dollar, a decline of 0.3% for the day. This drop occurred despite the Reserve Bank of India's (RBI) recent intervention aimed at curbing currency volatility. The currency has been under pressure from a mix of global factors, sustained foreign outflows, and rising oil prices. The RBI had introduced measures to support the rupee by tightening limits on banks' foreign exchange positions. As of late Friday, the central bank directed banks to cap their net open rupee positions in the foreign exchange market at $100 million by the end of each business day, with compliance required by April 10. While this move offered temporary relief, the impact was limited as analysts pointed out that underlying factors, such as persistent foreign outflows and high crude oil prices, continued to weigh on the rupee. Foreign portfolio outflows have been one of the major contributors to the rupee's weakness. These outflows, coupled with high global oil prices, have put pressure on India’s current account deficit, thus exerting more pressure on the currency. The rising oil prices are linked to geopolitical tensions, such as the ongoing conflict in Iran, which has exacerbated market volatility. Additionally, the wider spread between the onshore and non-deliverable forward (NDF) markets, due to increasing volatility, has contributed to the rupee’s decline. Despite the RBI’s directive, the rupee continued its downward spiral, reflecting broader economic challenges. The currency has fallen over 4% in March alone, marking its worst monthly performance in over seven years. The Nifty 50 index also reflected the market's overall weakness, dropping by about 2% on Monday, with a looming risk of its worst monthly decline since March 2020. In this uncertain climate, analysts predict that unless there is a significant drop in oil prices or a reversal in foreign fund flows, the pressure on the rupee is likely to persist. The continued outflows from emerging markets and heightened global uncertainty have created a negative sentiment surrounding India’s economic outlook, which, in turn, has kept the rupee under significant pressure.

A major breakthrough in India’s counter-terror operations has led to the arrest of Shabbir Ahmad Lone, a suspected operative of Lashkar-e-Taiba, near the Delhi border. The arrest was carried out by the Special Cell of

Bihar Chief Minister Nitish Kumar is set to resign from the state Legislative Council, marking a major turning point in Bihar’s political landscape. The move comes just weeks after his election to the Rajya Sabha and is expected to pave the way for his exit from the Chief Minister’s post. Sources within the party indicate that despite resistance from sections of the

Renowned Bengali actor Rahul Arunoday Banerjee tragically passed away following a boating accident at Talsari beach in Odisha. The 42-year-old actor was reportedly in the region for a film shoot when the incident occurred, sending shockwaves across the Bengali film industry and his fan base. Acco

Tamil Nadu Chief Minister M. K. Stalin has unveiled the DMK’s election manifesto ahead of the April 23 Assembly polls, doubling down on welfare schemes while trying to position the state as a growth engine. The announcement, made in Chennai, signals a clear strategy: retain voter loyalty through direct benefits while promising economic expansion. The headline move is obvious and targeted

The gold and silver market in India continues to reflect the global economic situation, with both metals showing upward movements in their prices. As of Friday, 27th March 2026, gold prices have risen by ₹2080 (+1.48%), reaching ₹142,640 per 10 grams. Meanwhile, silver prices have increased by ₹5380 (+2.45%), trading at ₹225,140 per kilogram. Gold Rates Today in India (27th M

The ongoing global energy crisis, fueled by the turmoil in Iran, has significantly impacted countries worldwide, leading to energy lockdowns. Nations like Australia, the Philippines, and Thailand have already implemented these lockdowns as a response to soaring petrol demand amidst dwindling supplies. Speculation surrounding the potential for a similar lockdown in India has stirred concern among citizens, especially in light of the country’s reliance on oil and gas imports. Howeve

The Indian rupee has slipped to a new record low, falling to 94.1575 per US dollar, surpassing its previous all-time low of 93.98 set earlier this week. The continued decline is being attributed to growing concerns over the ongoing conflict in the Middle East, which has placed significant pressure on global markets, including the Indian currency. Since the war broke out late last month, the rupee has weakened by about 3.5%, reflecting the heightened uncertainty in international mark

The Board of Control for Cricket in India has released the full schedule for the Indian Premier League 2026, with matches set to be played across 13 venues. The tournament will begin on March 28, 2026, with Royal Challengers Bengaluru facing Sunrisers Hyderabad in the opening match. The league stage will feature 70 matches, leading into the playoffs and final, which are scheduled to take place in late May 2026. The complete timetable, including all fixtures, venues, and match timin

ABU DHABI — March 26, 2026 (Thursday): An Indian national was among two people killed on Thursday, March 26, 2026, in Abu Dhabi after debris from a missile interception struck the city. The second victim was a Pakistani citizen, while three others — including another Indian national and a Jordanian — were injured. The incident occurred on Sweihan Street, where debris fell following the successful interception of a ballistic

NEW DELHI, India, March 26, 2026 — Narendra Modi on Thursday warned that ongoing global conflicts could trigger a prolonged energy crisis, posing significant risks to economies worldwide, including India. Addressing Parliament, Modi struck a balanced yet firm tone, cautioning that continued geopolitical tensions may disrupt global energy markets and supply chains. He sai

The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline

As India faces a severe liquefied petroleum gas (LPG) shortage due to the disruption of maritime traffic through the Strait of Hormuz, which affects nearly 60% of the country’s LPG imports, Argentina has stepped in to provide vital support. The South American country, previously not a key supplier to India, has rapidly become a crucial energy partner, delivering over 50,000 tonnes of LPG in the first quarter of 2026 alone—more than double the amount it shipped in all of 2025. Th

On March 25, 2026, Bangladesh Prime Minister Tarique Rahman marked Genocide Day with a powerful message that signaled a clear shift from the softer approach to Pakistan observed during the previous interim government under Muhammad Yunus. Rahman’s remarks were made on social media, describing March 25, 1971, as "one of the most disgraceful and brutal days" in the country's history, highlighting the atrocities carried out by Pakistani forces during Operation Searchlight. Rahman recounted how