Federal workers nationwide reacted with confusion and anger to the Trump administration's order to lay off probationary employees. This aggressive move, aimed at shrinking the federal workforce, impacted employees across various states and departments. Some were mistakenly fired despite having accepted buyouts. Unions are challenging the terminations, and the chaotic firings have sparked widespread concern.
The Sebi chief said she would be happy to throw the entire Listing Obligations and Disclosure Requirements (LODR) Regulations into the bin, barring RPT.
Nifty fell 102 points, or 0.44%, to close at 22,929. Sensex declined 199 points, or 0.26%, to end at 75,939. Both indices have declined 2.5-2.7% this week. "We have seen weakness in the market because, in recent days, even retail participants and HNIs(high networth individuals) have started booking profits along with FPIs," said Amit Khurana, head of equities at Dolat Capital Market.
In his new role, Bansal will focus on exploring growth opportunities for Navi, driving mergers and acquisitions, and enhancing the companys compliance and risk management frameworks. "As the company grows, so do the demands from a compliance and regulatory perspective," Bansal explained.
President Trump and advisor Elon Musk are drastically cutting back the U.S. federal workforce, with over 9,500 workers across various departments fired and additional buyouts offered. The moves have faced legal challenges and criticism for lacking coordination and threatening essential services.
Gaekwad had requested Sebi's exemption under takeover rules to propose 275 a share for Religare, offering a 17% premium to the Burmans' offer of 235. He was obligated to deposit 600 crore by Thursday in a Reserve Bank of India-nominated bank account to prove his financial capacity.
Investigators suspect the Army helicopter crew that collided with an American Airlines jet near Washington, D.C., might have had inaccurate altitude readings and missed key air traffic controller instructions. The crash killed all 67 aboard and is under investigation by the NTSB, with final findings expected in over a year.
The U.S. Internal Revenue Service is set to fire thousands of probationary employees, amid tax-filing season. The move aligns with efforts by President Trump and Elon Musk to streamline the federal government. Concerns are raised over potential impacts on the agency's operations without thorough analysis.
In a statement shared on X, the US Army said that the decision takes effect immediately and all new accessions for people with a history of gender dysphoria are stopped and all medical procedures related to facilitating or affirming a gender transition for service members have been paused.
The daughters of one of the cofounders of Target are expressing their alarm and shock at the discounters recent moves to roll back its diversity, equity and inclusion initiatives that have come under attack from conservative activists and of last month, the White House.
