Oil prices surged as President Trump issued a stern warning to Iran regarding the Strait of Hormuz, threatening severe consequences if it remains closed. Disruptions from Iran and Russia, coupled with OPEC+’s limited production increase, are fueling supply concerns and…
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India’s tech sector had 256,000 active job openings in April 2022-thanks tothe post-pandemic surge in IT services–and accounted for 83% of all hiring in the country. Tech’s share of total hiring has slumped to 49%, according to Xpheno’s Active Tech…
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Trusts CEO Siddharth Sharma asked the two vice-chairmen to step down from the Bai Hirabai JN Tata Navsari Charitable Institution, of which they are trustees, late last week. While Srinivasan, chairman of TVS Group, has stepped down, Singh, a former…
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Oil prices rose Tuesday while equities were mixed as investors assessed Donald Trump’s latest deadline for Iran to reopen the strategic Strait of Hormuz or be “decimated”. “Financial markets are oscillating in a narrow, uneasy range as traders sized up…
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OpenAI’s Chief Financial Officer Sarah Friar has raised alarms regarding CEO Sam Altman’s aggressive plans. These include a potential public offering by late 2026 and a massive five-year expenditure of $600 billion. Friar reportedly doubts the company’s readiness for an…
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In his new role, Rathi will be responsible for building a diversified and cost-efficient funding base, ensuring capital adequacy, and driving disciplined balance sheet management in line with regulatory requirements. He will also oversee financial governance and compliance across Reserve…
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