Layoffs announced by US-employers jumped to levels not seen since the last two recessions amid mass federal government job cuts, canceled contracts and fears of trade wars, offering the clearest sign yet of the toll taken on the labor market by the policies of President Donald Trump's administration.

Global outplacement firm Challenger, Gray & Christmas said on Thursday that planned job cuts vaulted 245 per cent to 172,017 last month, the highest level since July 2020.

Fast-Moving Consumer Goods (FMCG) major Britannia Industries, on Thursday, announced that Rajneet Singh Kohli has resigned as executive director and chief executive officer (CEO), effective March 14.

In a communication to the stock exchanges, the company cited his decision to pursue an opportunity outside the company as the reason for Kohli’s resignation.

Union Finance Minister Nirmala Sitharaman on Thursday said the government is closely watching ongoing trade negotiations with the United States, as the April 2 deadline for reciprocal tariffs by President Donald Trump approaches.

"We will have to see how the Commerce Ministry handles the negotiations in the US," Sitharaman said during her address at the launch of the book 'The Glimpses of World History' in Visakhapatnam, Andhra Pradesh.

Delhi health minister Pankaj Singh announced on Thursday that the registration process for the Ayushman Bharat scheme will begin after March 8, marking a significant step toward expanding healthcare access in the national capital.

Speaking at a press conference, Singh said the Delhi government would soon sign a Memorandum of Understanding (MoU) with the Centre to implement the scheme.

Markets regulator Sebi has allowed all non-banking financial companies (NBFC), including housing finance companies, to invest in security receipts issued by Asset Reconstruction Companies (ARCs), a move aimed at encouraging investments in the bad loans space.

This has widened the scope of participants who can acquire security receipts from ARCs, thereby boosting liquidity in the distressed asset market.

Elon Musk's Tesla Inc has leased its first showroom in India, located in Mumbai's Bandra Kurla Complex, at a record Rs 881 per sq ft, setting a new national record in terms of lease rentals.

The company has signed a lease agreement for Unit G-1B, Ground Floor, 2 North Avenue, Maker Maxity, a high-end office building situated in the vibrant business hub of Bandra Kurla Complex.

The Kerala assembly on Tuesday passed a resolution urging the central government to withdraw its move to allow deep-sea mineral mining off the coast of the state.

The resolution moved by Chief Minister Pinarayi Vijayan was passed amidst the opposition UDF MLAs protesting in front of the Speaker's dais accusing him of acting as an "agent" of the ruling front.

Congress president Mallikarjun Kharge on Tuesday accused the Modi government of weakening the Right To Information (RTI) Act in the name of data protection and asserted that his party will keep fighting against the "dictatorial" regime to secure the rights of the people.

Kharge asserted that the Congress will not let RTI weaken and will continue to raise its voice from the streets to Parliament.

The Bombay High Court on Tuesday ordered a stay for four weeks a special court order seeking a First Information Report (FIR) against former Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch and five others for alleged stock market fraud and regulatory violations.

The court stated that the "order was passed mechanically." The case pertains to the 1994 Cals Refineries stock listing fraud case.

The Ministry of Petroleum and Natural Gas has issued a demand of $2.81 billion to Reliance Industries Limited (RIL) and its consortium partners — BP Exploration (Alpha) Limited and NIKO (NECO) Limited — over a long-standing dispute concerning gas migration from ONGC’s blocks to the KG-D6 block, RIL said in an exchange filing on Tuesday.

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