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India’s exports to the US bounced back in November. The rebound was largely supported by supply-chain adjustments and pre-holiday season inventory restocking, according to the Global Trade Research Initiative (GTRI).The stocks grew by by 22.61% to reach $6.98 billion, according to commerce ministry data. This recovery came despite the US imposing 50 per cent tariffs…
Representative image made with AI Global Capability Centres (GCCs) are recruiting technology professionals at a rate four times faster than IT services companies, representing the most significant employment transformation in India’s IT sector in ten years.GCCs are increasing their workforce by 18-27% annually, whilst IT services grow at 4-6%, as per TeamLease Digital’s statistics, cited…
A Pluribus advert appeared on a smart fridge, sparking a viral hospitalisation claim/ Reddit ~image Over the past week, a claim has circulated widely online suggesting that a smart fridge advertisement triggered a psychotic episode in a UK woman, leading to her hospitalisation. The story spread rapidly across Reddit, X, and tabloid news sites, prompting…
Stock market outlook: The markets this week were driven by macroeconomic pressures and mixed global cues. Domestically, the rupee slid to a fresh record low of 90.56 against the US dollar, dampening risk sentiment. However, some relief came after the US Federal Reserve announced a 25-basis-point rate cut, while optimism over progress in India–US trade…
Textiles, apparel, and hospitality are poised for significant job growth by 2030, fueled by increased investment, a new report reveals. While manufacturing and services will also contribute, the focus is on boosting stable, salaried positions. The think tank urges a strategic approach, emphasizing skill development and addressing the informal sector’s dominance to enhance labor absorption…
NEW DELHI: The Election Commission on Thursday issued a revised Special Intensive Revision (SIR) schedule for Tamil Nadu, Gujarat, MP, Chhattisgarh, UP and Andaman and Nicobar Islands following requests from CEOs.In the earlier revised schedule, the Enumeration Period for these 6 States/UT was till December 11 and the earlier date of publication of the draft…
India’s mutual fund assets under management (AUM) are projected to exceed Rs 300 lakh crore by 2035, while direct equity holdings are expected to reach Rs 250 lakh crore, signaling a major shift in the country’s investment landscape, according to the How India Invests 2025 report by Bain & Company in partnership with Groww.Mutual fund…
A steadier mood returned to US equities on Tuesday as easing Treasury yields and a rebound in bitcoin helped major indices regain traction after ending a six-day winning streak, according to AP. Investors leaned back into technology counters while weighing signals on global interest rates and the broader health of the economy.The S&P 500 was…
An IIT professor said the institutes have also decided to emphasise more on participation by start-ups promoted by Centre under Viksit Bharat scheme MUMBAI: Even as the placement season began across the premier IITs on Monday, more than 20 companies were banned from participating this year. These firms had rescinded job offers made to students…
Equity benchmarks ended last week on a strong note, extending their winning streak for the third straight week and hitting fresh all-time highs. After early profit-taking, a sharp midweek rebound lifted sentiment, followed by healthy consolidation. By the close, the Nifty gained 0.52% to 26,202.95 and the Sensex rose 0.56% to 85,706.67, reported ET.The rally…
