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The Latest Breaking News from ET

GitLab to cut jobs, reinvest in AI agents push: CEO Bill Staples

GitLab is cutting jobs to redirect resources towards the growing market for AI agents, aiming to capitalize on emerging "agentic" opportunities. The company plans to reduce management layers and reorganise R&D teams, integrating AI agents to automate internal workflows and improve efficiency. While some roles may be enhanced by AI,…

The Economic Times

Amazon primes a Blinkit showdown; New insurance models prop up

Happy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morning Dispatch.

The Economic Times

Riding the AI buck: Rising API, usage-based costs force a rethink

As enterprises rapidly scale AI adoption, soaring API and usage-based costs are forcing companies to rethink spending, introduce guardrails and, in some cases, hire humans instead. Swathi Moorthy weighs in.

The Economic Times

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ETtech In-depth: Amazon’s quick commerce blitz rattles Blinkit’s playbook

Amazon's aggressive 10-minute delivery push is intensifying competition in India's quick commerce market, putting pressure on leader Blinkit. While Blinkit previously focused on premium customers, it's now recalibrating strategy amid rising competition. Amazon leverages its Prime membership for speed and selection, aiming to capture the same urban, high-frequency shopper.

The Economic Times

James Cameron Revealed The Sweet (And Very Fitting) Gift Kate Winslet Sent Him Before She Was Cast In Titanic

Cue up the Celine Dion.

Cinemablend

Digital gold and silver players form self-regulatory body for greater consumer protection

India's digital precious metals industry has launched the Digital Precious Metals Assurance Council of India (DPMACI), a self-regulatory body aimed at bolstering consumer protection. Chaired by Nirupama Soundararajan, the council will enforce operational and governance standards, including 1:1 physical backing verification and insured vaulting, to enhance trust in the growing…

The Economic Times

Lifestyle accessories brand DailyObjects in talks to close Rs 300 crore funding

Lifestyle accessories brand DailyObjects is in advanced talks to secure Rs 300 crore in a funding round led by Xponentia Capital, valuing the company at Rs 1,000 crore. This investment will fuel an expansion of its omnichannel presence, including over 100 new physical stores and international market entry.

The Economic Times

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Instant househelp orders jump; Agnikul eyes new funding

Happy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Morning Dispatch.

The Economic Times

Spacetech firm Agnikul eyes $50-75 million at flat $500 million value

Spacetech startup Agnikul Cosmos is reportedly in talks to raise $50-75 million at a $500 million valuation. This potential funding round, similar to its November raise, highlights investor confidence in India's growing private space sector. The funds are earmarked for expanding production capabilities as the company progresses towards commercial deployment.

The Economic Times

Instant house help startups see bookings top three million in April amid labour shortage

As platforms raise prices and battle for workers, questions are emerging around the long-term size and profitability of the 10-minute househelp market. Companies are now expanding into adjacent categories such as cooking and car washing to deepen engagement and drive growth.

The Economic Times

Clients moving beyond AI pilots to roadmaps with clear returns: Hexaware CEO

Client spending on AI has shifted from experimentation to concrete roadmaps with immediate ROI expectations, according to Hexaware CEO R Srikrishna. He emphasized that AI model companies entering services won't threaten large IT firms, as enterprise transformation requires specialized implementation expertise. Trust in customer relationships will be the key differentiator…

The Economic Times

Paperwork causing AI mission lag as startups flag funding, IP concerns

IndiaAI mission startups face delays in formal agreements, impacting non-compute support and raising IP concerns. While compute access is provided, founders report operational hurdles and potential timeline shifts due to pending MoUs. The government is exploring advance payments to mitigate these issues.

The Economic Times

ETtech Explainer: AI is writing most of the code for companies — what this means

AI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using AI extensively. This shift boosts productivity. Developers are focusing on complex tasks and quality.

The Economic Times

India labour market remodels itself bit by bit

India's labour market is undergoing a structural transformation driven by the country's broader economic transition, according to a report by SBI Research based on the latest Periodic Labour Force Survey (PLFS) 2025 unit-level data.

The Economic Times

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Cinemablend

How Kendall Jenner's Epic Met Gala Moment Was Actually Created

A true melding of fashion and art.

Cinemablend

Survivor Fans Have Been Dunking On The Billie Eilish Idol, But She's Been Getting Very Different Feedback

The boomerang idol heard around the world.

Bored Panda

36 Most Jaw-Dropping Outfits From The 2026 MET Gala, Including Nicole Kidman

The best-dressed stars turned themselves into walking masterpieces, pulling inspiration from paintings, history lessons, and even their own personal lives.

The Independent UK

Diet Coke shortage hits India as Iran-war driven can crunch fuels panic buying

Shortages spread from shops to delivery apps as summer demand collides with aluminium supply disruption

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Cinemablend

My Fave Adults Actor Frequently Gets Fancast For Heated Rivalry (But No One Can Agree Who He Should Play)

This debate is...heated.

International Business Times UK

American Pie's Shannon Elizabeth Joined OnlyFans at 52 Because Hollywood Had 'Nothing Left to Offer' Her

'American Pie' actress Shannon Elizabeth launches OnlyFans account to gain creative control and connect directly with fans, marking a new career phase

The Economic Times

0.4 million new employees availed fiscal benefit under PMVBRY

The Pradhan Mantri Viksit Bharat Rozgar Yojana has provided incentives to over 440,000 new employees. The government has disbursed ₹465 crore for sustained employment. However, global conflicts may slow down formal job creation. The scheme aims to create 35 million jobs by July 2027. Current progress is one-tenth of the…

Cinemablend

I Totally Get Milly Alcock's Take On Why Landing Supergirl 'Terrified' Her

She's entered another huge franchise.

Cinemablend

Why Jury Duty's Original Lead Thinks Company Retreat's Star Is 'A Better Version' Of Him

Do tell!

Bored Panda

Awkward Root Of Sydney Sweeney’s Feud With Zendaya Revealed Along With Her Diva Behavior On Set

Sydney Sweeney’s alleged “flirty” behavior with Tom Holland was an issue with the costars. “That did not go down well with Zendaya,” a source said.

Cinemablend

After Brie Larson Was Asked About Avengers: Doomsday, A Scooper Made A Bold Claim About Captain Marvel

When is Carol Danvers returning to the MCU?

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