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Hiring activity across India’s private sector improved marginally in the first 10 months of 2025, supported by stronger demand, healthier order books and a steady revival in business sentiment. An ET analysis of HSBC and S&P Global Market Intelligence data shows that the jobs component of the seasonally adjusted HSBC India PMI rose to 53.8…
Michael Burry, the renowned “Big Short” investor, has terminated his hedge fund, Scion Asset Management’s registration. According to the Securities and Exchange Commission’s database, Scion’s status changed to “terminated” as of November 10, eliminating the need for regulatory filings, as reported by Reuters.Scion, which controlled $155 million in assets as of March, has been closely…
Small businesses across the United States that rely on federal contracts and funding are facing a severe cash crunch as the country’s longest-ever government shutdown stretches into its seventh week, forcing owners to cut costs, delay payments, and even consider layoffs, according to AP report.Lawmakers are returning to Washington to vote on a stopgap funding…
Seven of India’s ten most valued companies collectively lost Rs 88,635.28 crore in a holiday-shortened session, with Bharti Airtel and Tata Consultancy Services (TCS) among the biggest losers. The decline mirrored a weak trend across broader equity markets. The BSE benchmark fell 722.43 points, or 0.86%, while the Nifty dropped 229.8 points, a fall of…
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed over 50 memoranda of understanding (MoUs) with leading companies–including ITC, Flipkart, Mercedes-Benz, boAt, and Hero MotoCorp –to strengthen the manufacturing and innovation ecosystem for startups, an official said.As part of the initiative, the department has been engaging with corporates, industry associations, veterans, and…
Washington’s economy is facing deepening distress as the longest-ever US government shutdown, mass layoffs of federal workers, and cuts to food assistance converge to hit households and small businesses across the capital region, AP reported.The Capital Area Food Bank, which supports more than 400 pantries and aid organisations across the District of Columbia, northern Virginia,…
Washington’s economy is facing deepening distress as the longest-ever US government shutdown, mass layoffs of federal workers, and cuts to food assistance converge to hit households and small businesses across the capital region, AP reported.The Capital Area Food Bank, which supports more than 400 pantries and aid organisations across the District of Columbia, northern Virginia,…
The number of ghost job postings — advertisements for roles that do not actually exist — has risen sharply, growing by about 25% year-on-year, according to recruitment industry experts. These listings, increasingly visible across social and professional platforms, are often put up by companies that have no immediate hiring intent, using them instead for market…
KRISHNAGIRI: A woman and her boyfriend were arrested Wednesday on charges of installing a hidden camera in a bathroom of a hostel for Tata Electronics Pvt Ltd women employees in Krishnagiri district of Tamil Nadu, superintendent of police (SP) Thangadurai said in a statement. The accused are Neelukumari Gupta (22) from Odisha, an employee of…
Data from Kpler shows Reliance’s imports dropped to 534,000 barrels per day (bpd) in October. (AI image) Mukesh Ambani-led Reliance Industries (RIL) has cut back on its crude oil imports from the Russia and in the coming months is expected to stop buying from entities sanctioned by the Donald Trump administration. RIL is the largest…
