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India

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IndiaNDTV ·

Uber to Cut Around 10% of Global Workforce in Major Restructuring

Ride-hailing giant Uber has announced plans to lay off approximately 10% of its global workforce, resulting in thousands of job losses. The company stated that the decision was driven by a need to streamline its operations and reduce coordination inefficiencies. Uber described the move as an effort to make its platform 'simpler and faster' as the organization has grown increasingly complex over time. The layoffs reflect a broader push by the company to trim its sprawling structure and improve operational speed.

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IndiaTimes of India ·

Trump proposes renaming Strait of Hormuz after himself amid US-Iran tensions

US President Donald Trump has suggested renaming the Strait of Hormuz the 'Trump Strait', framing it as an assertion of American dominance over the critical waterway. The proposal comes as US military forces have been actively engaging Iranian targets amid escalating tensions between the two countries. American forces have also conducted operations to clear Iranian mines and protect commercial shipping in the region. A naval blockade on Iranian ports remains in effect, reflecting the deepening conflict between Washington and Tehran.

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IndiaTimes of India ·

IAF Successfully Tests Khagantak-243 Long-Range Glide Bomb With 140 km Strike Range

The Indian Air Force has successfully test-fired the Khagantak-243, a domestically developed long-range glide bomb. The weapon is capable of striking targets at distances exceeding 140 kilometres after being released from an aircraft. It was jointly developed by Bharat Electronics Limited and JSR Dynamics, two Indian defence firms. The successful test marks a significant advancement in India's stand-off precision strike capabilities. The milestone reflects India's broader push toward self-reliance in defence technology and indigenous weapons development.

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IndiaNDTV ·

Ex-CEA Subramanian Defends GDP Figures, Calls New Methodology Robust

Former Chief Economic Advisor Krishnamurthy Subramanian has defended the government's GDP figures amid criticism from the Opposition. He dismissed allegations that last year's GDP numbers were deliberately revised downward to artificially inflate the current year's growth rate. Subramanian described the methodology used in calculating the figures as 'cutting edge' and technically sound. The Opposition had questioned the credibility of the revised numbers, suggesting political motivation behind the statistical adjustments.

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IndiaTimes of India ·

BCCI to discuss Rohit's future, ODI roadmap and recent poor performances on Sept 3

The Board of Control for Cricket in India (BCCI) is set to hold a key meeting on September 3 in Mumbai. Senior officials will deliberate on the future of veteran captain Rohit Sharma as part of broader team planning. The board will also chart out an ODI roadmap leading up to the 2027 World Cup. Additionally, India's underwhelming performances in recent series against Ireland and England will come under review. The meeting signals a significant strategic review of Indian cricket's direction across formats.

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IndiaTimes of India ·

ITAT Waives Rs 3.74 Lakh Tax Penalty on Salaried Man Who Missed ITR After Job Switch

A salaried individual named Aggarwal, earning Rs 30 lakh annually, failed to file his Income Tax Return following a job change, triggering a penalty of Rs 3.74 lakh from the Income Tax Department. Tax authorities argued that the non-filing was only caught during scrutiny and that Aggarwal might never have voluntarily reported his salary and interest income otherwise. The matter was escalated and eventually reached the Income Tax Appellate Tribunal (ITAT). The ITAT ruled in Aggarwal's favour, cancelling the penalty and providing relief to the taxpayer. The case highlights the importance of filing ITRs promptly after employment changes, even when tax may have been deducted at source.

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IndiaTimes of India ·

Bianca Belair Leads Husband Montez Ford in Net Worth With $4M Fortune

WWE power couple Bianca Belair and Montez Ford have a combined estimated net worth of approximately six million dollars as of 2026. Belair holds the higher individual fortune at four million dollars, while Ford's is estimated at two million dollars. Both wrestlers have built their wealth through successful in-ring careers alongside lucrative brand deals and endorsements. Their individual achievements and joint ventures have contributed significantly to their overall financial standing.

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IndiaTimes of India ·

Palo Alto Networks CEO warns outdated systems can't defend against AI-speed attacks

Palo Alto Networks CEO Nikesh Arora has called on businesses to urgently modernize their cybersecurity infrastructure before deploying artificial intelligence at scale. He cautioned that the roughly $1 trillion currently locked in legacy systems is insufficient to counter attacks that now occur at machine speed. Arora emphasized that strong digital defenses must be established as a foundation for any successful AI rollout. He also highlighted that AI's growing influence on cybersecurity represents a significant long-term growth opportunity for the sector. Meeting this challenge, he noted, will require enterprises to substantially reallocate their technology budgets over time.

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IndiaTimes of India ·

UK man wins £4m Georgian mansion and £250k cash decades after winning a cabbage

Wayne Wood, a 64-year-old from the UK, has won a £4 million Georgian mansion in Bath through a prize draw run by Omaze. His last recorded win before this was a cabbage in a 1977 meat raffle, a fact that had become a long-running family joke. Along with the property, Wood and his wife Catherine received £250,000 in cash, with all legal costs covered. The prize package also included £140,000 worth of furnishings, making the home fully move-in ready and mortgage-free.

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IndiaTimes of India ·

India Condemns Pakistan Over Demolition of Century-Old Hindu Temple

India's Ministry of External Affairs has strongly condemned the destruction of a historic century-old Hindu temple in Pakistan. The Indian government described the incident as an act of vandalism and expressed deep concern over the reported demolition. New Delhi criticized Pakistani authorities for their apparent indifference and failure to protect the religious site. India has called for a prompt and transparent investigation into the matter. The Indian government also urged Pakistan to take remedial steps to restore the temple and ensure the safety of its minority communities.

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IndiaNDTV ·

SBI Research Defends India's GDP Data, Calls Criticism Intellectually Dishonest

SBI's Group Chief Economic Adviser Soumya Kanti Ghosh has pushed back against doubts raised over India's GDP growth figures. Speaking to NDTV, Ghosh described the controversy as stemming from incorrect interpretation of data rather than any genuine flaw in the numbers. He called the questioning of the GDP data a 'sure sign of intellectual dishonesty.' According to Ghosh, the controversy was unnecessary and could have been avoided with accurate data analysis. SBI Research has firmly defended the credibility of India's official GDP growth statistics.

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