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UPI transactions cannot be directly reversed after authorization, but recovery starts by contacting the recipient for a refund. Users should report the issue immediately via their UPI app’s “Report a Problem” feature, provide details like transaction ID to their bank, and escalate to the NPCI redressal portal if needed.
Why Indian IT companies increasing freshers salary? Whats the reason behind this? HCL Technologies has significantly hiked entry-level salaries for freshers specializing in AI, data, digital engineering, cybersecurity, and enterprise skills, offering ₹18-22 lakh packages (3-4X higher than regular hires). This ‘elite cadre’ will form 15-20% of FY26 fresher intake. Despite a marginal headcount dip
US President Donald Trump announced a 25% tariff on all US trade with countries doing business with Iran, effective immediately via a Truth Social post, marking his first tariff move in 2026. This could compound existing 50% tariffs on Indian exports—stemming from Russian oil purchases—potentially raising duties to 75% and threatening projects like Chabahar Port amid India-Iran trade ties.
HCL Technologies posted an 11% year-on-year decline in consolidated net profit to Rs.4,076 crore for the December 2025 quarter, down from Rs.4,591 crore last year. Operating revenue rose 13% YoY to Rs.33,872 crore, with sequential 6% growth. The company declared a Rs.12 per share interim dividend (record date Jan 16, payment Jan 27, 2026).
Tamil Nadu State Transport Corporation has launched special buses for Pongal 2026, with 21,535 additional services running from January 9 to 14. In the first three days, 8,270 buses carried 3.58 lakh passengers, while 2.38 lakh have booked seats. Online booking is available via TNSTC app, website, and WhatsApp 9444018898. Booking centres at Kalaignar Centenary Bus Terminus (10 counters) and Koyamb
Indian stock markets suffered heavy losses on January 12, 2026, with Sensex dropping over 700 points to 82,864 and Nifty falling below 25,500. In just six days, investors lost nearly ₹18.55 lakh crore in market value. The selloff was driven by uncertainty over Trump’s proposed tariffs affecting US-India trade, continuous FII outflows, weak global market cues, and rising crude oil prices.
Global geopolitical tensions are heightening defence spending and shaping India’s security strategy, with implications for Taiwan, China, and regional alliances. Analysts expect continued budget growth and strategic realignments to address evolving threats in the Indo-Pacific and beyond.
Reliance Jio Platforms intends to launch a major IPO, offering about 2.5 percent of its shares to raise over USD 4 billion, supported by artificial intelligence initiatives and a robust market. The move could position India for its largest-ever public offering, pending regulatory approval and final pricing.
Tax experts warn against increasing surcharges or reintroducing wealth tax in the 2026-27 budget, citing potential loss of high-earning individuals and impact on investment and revenue stability. The analysis emphasises balance between fairness, administration, and economic competitiveness.
Infosys has partnered with Cognition to roll out Devin, an autonomous AI software engineer, across internal teams and client projects, aiming to boost productivity in tasks like code writing, bug fixing, and legacy system migrations, Sparking Fears of Job Losses for Freshers and Junior Developers.
