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Saudi workplaces to follow clearer attire rules under draft / AI generated image Saudi Arabia’s Ministry of Human Resources and Social Development (HRSD) has put forward a draft Code of Appearance and Conduct for public and private-sector staff. The rules say Saudi men should wear the national dress (thawb and ghutra/shemagh), non-Saudi employees should wear…
Fewer Americans applied for unemployment benefits last week, signalling continued stability in the labour market even as several large companies announced job cuts. According to AP, jobless claims fell by 6,000 to 216,000 in the week ending November 22, undershooting economists’ expectations of 230,000.Applications for unemployment aid — a key proxy for layoffs — remain…
NEW DELHI: Finance minister Nirmala Sitharaman Tuesday emphasised on simplification in processes and making systems more user-friendly in a review meeting with regional directorates and registrar of companies.In the meeting, the FM directed ministry of corporate affairs (MCA) that a live dashboard may be built to ensure that more transparency is brought to the systems….
Representative image credits: IANS Bitcoin fell sharply on Friday, closing at $80,553, while ether also hit a four-month low, as cryptocurrencies led a sell-off in riskier assets. Analysts warned that dropping below $80,000 could bring even bigger losses for the world’s largest digital currency.The decline comes amid investor concerns about expensive tech stocks and uncertainty…
In recent years, the corporate world has begun exploring an unexpected ally in improving organizational culture, employee well-being, and leadership behavior: yogic values. While yoga has long been associated with personal balance and inner clarity, companies across sectors are now recognizing its relevance in cultivating healthier, more ethical, and more resilient work environments. Indian brands…
Aditi and Karan (names changed) were what people would often call the “perfect couple”– they were both ambitious and successful in their high-paying corporate jobs, went on business trips and fancy dinners, and a had a house of their own in Mumbai suburbs. But behind their polished corporate façade was a marriage that was silently…
Indian stock markets are likely to remain under close watch this week as investors eye key inflation data, corporate earnings, and international developments. Activity by foreign investors is also expected to influence equity trends. Ajit Mishra, SVP, Research at Religare Broking Ltd, said, “This week will be crucial, with several key macroeconomic data releases scheduled….
The National Company Law Tribunal (NCLT) has approved the merger of Suzuki Motor Gujarat Pvt Ltd with its parent company, Maruti Suzuki India Ltd, marking a key consolidation move for the country’s largest carmaker.A two-member bench of the Principal Bench in New Delhi, comprising President Ramlingam Sudhakar and Member Ravindra Chaturvedi, sanctioned the scheme of…
Major US firms reduce staff amid AI investment and tariff uncertainty. (Getty Images) A growing number of major US companies have announced large-scale job cuts, citing the redirection of resources towards artificial intelligence (AI) initiatives and the impact of shifting tariff policies under President Donald Trump. The layoffs have created widespread uncertainty in the employment…
Amazon is preparing to eliminate 800 to 1,000 positions in India as part of a sweeping global restructuring driven by artificial intelligence adoption, The Economic Times reported on Wednesday, marking one of the largest workforce reductions at the e-commerce giant’s Indian operations.The layoffs will span critical functions including finance, human resources, and technology, with employees…
