It Slowdown News Today : Breaking News, Live Updates & Top Stories | Vimarsana

hello i'm sally bundock with the top business stories. let's start with the us central bank, because everybody is asking will the federal reserve raise rates one more time? or will it take a break? as the fed wraps up its may meeting inflation isn't the only worry, the turbulence at first republic has revived fears about credit conditions. another area of concern is the labour market, which is showing signs of cooling. interest rates currently stand at li—point 75%, so what will america's central bank do and say? michelle fleury reports from westchester, new york. losing momentum, ...

IT/ITeS companies - which, with their huge workforces, are among the biggest spenders on Diwali gifts - have slashed their gift budgets by up to 50% and some have done away with gifting altogether, gifting companies such as PrintStop, IGP, Loopify and Swageazy told ET. "There's a blanket reduction in gift budgets. IT typically accounts for about 50% of our clients; there's been a 50% drop in their spends," said Pratik Shah, cofounder of customised gifting company PrintStop.

Pay increases at top tier Indian IT firms could halve from a year ago as the $245-billion industry faces a major slowdown. This and more in todays ETtech Morning Dispatch.

While the average payout is 60 percent, an employee’s final variable payout will depend on their unit or department’s guidelines.

We are headed, that is not what we are headed, that is not what we are doing. in terms of recession, in terms of the slowdown and how deep and long on that? it slowdown and how deep and long on that? , ., , , on that? it is really up in the air at the _ on that? it is really up in the air at the moment _ on that? it is really up in the air at the moment because l on that? it is really up in the l air at the moment because the consumer has remained incredibly resilient. consumption was really the driver of first—quarter gdp growth care in the united states, to the mystification of most econom...