Stress assessments indicate that a majority of sectors may see limited direct impact from the West Asia conflict, supported by strong balance sheets and low leverage levels. However, pockets of vulnerability remain.
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The study, based on over 47,800 EPFO records, found that women employees remain with organisations 36% longer than their male counterparts. The median tenure for women stands at 10.6 months, compared to 7.8 months for men, challenging the long-held perception…
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India’s massive textile sector is grappling with a severe crisis. The ongoing West Asia conflict is driving up oil and raw material costs. Demand is falling, and worker migration adds to the challenges. This disruption threatens the industry’s growth targets.…
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India’s financial markets are undergoing a significant shift in trading dynamics amid escalating global war-related risks, with the rupee breaching key levels and bond yields hardening, according to a report by Union Bank of India (UBI).
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Tech giant Oracle has initiated mass layoffs, notifying thousands of employees globally via early morning emails. The company reportedly fired around 30,000 employees worldwide, with a significant impact on its Indian workforce, potentially affecting up to 12,000 jobs. This move…
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Indian stock markets experienced a significant surge on Wednesday. The Sensex and Nifty saw gains exceeding 2.5 percent. Investor sentiment improved due to hopes for an earlier resolution to the Iran-US-Israel conflict. Global markets also rallied, and domestic valuations offered…
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