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Ashamed that we believed Bihar government: High Court | Patna News

As Bihar CM Nitish Kumar on Tuesday declared an 11-day lockdown (till May 15) in the state starting Wednesday after being pushed by the Patna high co ....

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'A travesty': Well-run parastatal has to slash staff by half to fund SAA bailout

‘A travesty’: Well-run parastatal has to slash staff by half to fund SAA bailout
Devastation as state favours SAA over vital entity. And to add insult, the retrenchments happened on Workers’ Day
04 May 2021 - 20:11
A government entity responsible for verifying the authenticity of South African qualifications for employers is retrenching more than half of its staff because of budgetary constraints.
The South African Qualifications Authority (SAQA), which had 169 employees, confirmed on Tuesday that it will be retrenching a total of 88 employees, as its new staffing structure could only accommodate 81 posts.
This article is free to read if you register or sign in. ....

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Sensex news: Sensex snaps 3-session losing run on RBI boost; financial stocks shine

MUMBAI: The BSE Sensex darted up on Wednesday after three days of losses after the RBI unveiled a slew of measures to support the economy facing headwinds due to the second wave of the Covid-19 pandemic.
Banking, pharma and IT stocks led the rebound, even as a depreciating rupee capped the gains, traders said.
The 30-share BSE index jumped 424.04 points or 0.88 per cent to close at 48,677.55.
Similarly, the broader NSE Nifty surged 121.35 points or 0.84 per cent to 14,617.85.
Sun Pharma was the top gainer in the Sensex pack, soaring 5.94 per cent, followed by Kotak Bank, Axis Bank, IndusInd Bank, ICICI Bank, Dr Reddy s, Titan and TCS. ....

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Treasury Reveals Details Of Long-Term Securities Auctions

WASHINGTON (dpa-AFX) - The Treasury Department on Wednesday announced the details of this month's auctions of three-year and ten-year notes and thirty-year bonds.The Treasury revealed it plans ....

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Currency market: Tremors in the currency market, fasten the seat belt

Tremors in the currency market, fasten the seat belt
The RBI, like most other central banks across the world, went on the offensive in March 2020 when the pandemic struck and businesses were crippled due to lockdowns.
Synopsis
Market speculation is likely that disruptions may be caused by either of the following two: Cairn Energy enforcing an arbitration order or massive money flowing in for the PG INvIt’s IPO. On the surface, these appear to be the typical post-facto market justifications. But some believe it may be a reflection of nervousness due to a shift in the fundamentals.
Mumbai: Wild movements in markets are rare but whenever they happen, they signal something. ....

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