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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.
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The Sebi chief said she would be happy to throw the entire Listing Obligations and Disclosure Requirements (LODR) Regulations into the bin, barring RPT.
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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.
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