Canara Bank consolidated net profit declines 21.4% to Rs 3,195 crore in Q1
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Scroll.in
28 minutes ago
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APPSC FSO application window opens today for 100 posts; here's how to register
The Andhra Pradesh Public Service Commission (APPSC) will open the registration window for recruitment to the posts of Forest Section Officer under Advt. No. 07/2025. Eligible candidates can apply for the posts at till August 17, 2025. The screening test will be held on September 7, 2025. The dates for the Main examination will be announced separately. The recruitment drive aims to fill 100 vacancies. Candidates within the age group of 18 to 30 years as on July 1, 2025, are eligible to apply. More details in the notification below: Here's the official notification. Application Fee Applicant must pay Rs 250 towards application processing fee and Rs 80 towards examination fee. Candidates from reserved categories are exempted from the fee payment. Steps to apply for FSO posts 2025
Hans India
28 minutes ago
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CM: Karnataka ranks number one in per capita income among states
Bengaluru: Chief Minister Siddaramaiah on Saturday asserted that 'due to the implementation of the five guarantee schemes by our government, Karnataka has become number one in the country in terms of per capita income'. He also claimed that BJP leaders do not understand economics. He was speaking at the inauguration and foundation stone laying ceremony of various development works and a beneficiaries' meeting held in the Arasikere Assembly constituency. 'Karnataka is now ranked number one in the country in terms of per capita income. The main reason for this is the increased purchasing power of the people. And the increase in purchasing power is a direct result of our guarantee schemes. BJP leaders don't understand economics. That's why they're spreading false propaganda claiming that the state government has no money for development. Even if they try to mislead the people with politically motivated lies, the people of Karnataka will not be fooled,' CM Siddaramaiah asserted. He said that in the government's performance review meetings, lakhs of beneficiaries had come forward to express their gratitude, which proved that the Congress government had delivered on its promises. He further explained that while Rs 1.20 lakh crore had been allocated for developmental projects, Rs 56,000 crore was being spent on guarantee schemes to deliver development directly to people's doorsteps. Speaking about the national-level conference of backward communities held in Delhi, Chief Minister Siddaramaiah said that the Leader of the Opposition in Lok Sabha Rahul Gandhi had clearly expressed his understanding of the issues faced by backward communities. He stated that the Congress government had formulated programs for the uplift of Backward Classes, women, Dalits, the oppressed, and the poor from all castes. CM Siddaramaiah stated that Congress was the only party that designed and implemented programmes aimed at achieving social justice, uplifting the poor, and upholding the values of the Constitution. He challenged the BJP to look at history and see that only the Congress had consistently worked to implement social justice, both in the state and at the national level. He praised local Arasikere MLA Shivalingegowda, saying he was focused on both carrying out people-centric development works in the constituency and presenting the party and government's pro-people initiatives effectively in the Legislative Assembly. Expressing confidence, he said that Shivalingegowda, already elected four times, will definitely win again in the next election.
Economic Times
28 minutes ago
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TCS shares slip nearly 2% after company announces over 12,000 job cuts
Shares of Tata Consultancy Services (TCS), India's largest IT exporter, slipped 1.7% to an intraday low of Rs 3,081.20 on BSE on Monday, after the company announced plans to lay off around 2% of its global workforce — roughly over 12,000 employees — over the year. ADVERTISEMENT The move comes amid growing macroeconomic uncertainty and increasing AI-led disruptions impacting technology demand. As of the end of June 2025, TCS employed 613,069 people globally. In a statement, the company said the layoffs would primarily impact middle and senior grades and are part of TCS's larger journey to become a 'future-ready organisation.' The company added that the deployment of some associates may no longer be feasible under current market company emphasized that the transition is being managed carefully to ensure continuity in client service. Affected employees will receive their full notice period compensation along with additional severance benefits. TCS also plans to provide insurance extensions, outplacement support, counseling, and transition decision follows closely on the heels of legal complaints filed by several employees against TCS's recently modified 'bench policy.' The updated policy reportedly allows just 35 annual days for employees to remain unassigned before being subject to performance-related action, and it requires a minimum of 225 billable days annually. ADVERTISEMENT The broader IT industry has also shown signs of a slowdown. According to a previous report by ET, job additions across the top six Indian IT majors fell sharply by over 72% in the April–June quarter, with only 3,847 new hires compared to 13,935 in the preceding the layoffs, TCS reaffirmed its commitment to long-term strategic initiatives, including investments in new-age technologies, entry into new markets, deployment of AI at scale, deeper partnerships, and the development of next-generation infrastructure. ADVERTISEMENT On Friday, TCS shares closed flat at Rs 3,134.35 on the BSE. Also read: NSDL IPO: Issue opens on July 30, here's what you need to know about GMP, issue details (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
