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Artificial intelligence (AI) tools such as OpenClaw are transforming workplaces across China, helping companies boost productivity but also quietly reducing their reliance on human workers, a report has said. These layoffs put businesses on a collision course with Chinese government efforts to protect jobs and maintain social stability.According to a report by news agency Reuters,…

Equity mutual funds saw a sharp slowdown in inflows in May, falling to their lowest level in a year as geopolitical tensions in West Asia, rising crude oil prices and market volatility weighed on investor sentiment, according to data released by the Association of Mutual Funds in India (AMFI).Net inflows into equity schemes stood at…

US inflation climbed to a fresh three-year high in May, driven largely by rising energy prices linked to global supply disruptions following the Iran conflict, according to official data released on Wednesday.The Consumer Price Index (CPI) rose 4.2% in May compared to a year earlier, up from 3.8% in April, the US labour department said.It…

Sri Lanka’s public security minister has directly accused the country’s former intelligence chief of orchestrating the 2019 Easter Sunday bombings, marking the first official statement linking a senior state official to one of the deadliest attacks in the island’s history.Addressing parliament on Wednesday, Ananda Wijepala said investigations had found that retired Major General Suresh Sallay…

NEW DELHI: The District Consumer Disputes Redressal Commission, Adilabad in Telangana has held Flipkart and its seller jointly liable for deficiency in service and unfair trade practice after a customer received a different air purifier model than the one he had ordered.The court ordered both opposite parties — Flipkart Internet Private Limited and Consulting Rooms…

Tamil Nadu BJP leader Amar Prasad resigned from the party on Wednesday, days after former state BJP president K Annamalai stepped down from the organisation. CHENNAI: Tamil Nadu BJP state secretary Amar Prasad resigned from the party on Wednesday, days after former state BJP president K Annamalai stepped down from the organisation.Announcing his decision on…

Getting a visa to visit the US may soon take less time for some travelers, but at a cost. Starting July 1, travelers applying for B1 and B2 nonimmigrant visas for business and tourist purposes will be able to pay extra to jump ahead of others in the queue for visa interviews. This Temporary Final…

PM Modi with Italian counterpart Meloni in Rome (File photo) NEW DELHI: Italian Prime Minister Giorgia Meloni on Wednesday congratulated Prime Minister Narendra Modi after he surpassed Jawaharlal Nehru‘s record to become India’s longest-serving elected Prime Minister.PM Modi completed 4,399 consecutive days in office, overtaking Nehru’s tenure as an elected prime minister. He has served…

NEW DELHI: In another setback for the Trinamool Congress (TMC) supremo Mamata Banerjee, party MP Sushmita Dev has resigned from the Rajya Sabha, PTI reported citing sources.This comes shortly after the TMC MP met Assam chief minister Himanta Biswa Sarma, triggering speculation about her joining BJP.In her resignation letter, Dev wrote, “I do hereby resign…