Why did market rise today? Sensex jumps 473 points, Nifty closes above 22,550: 6 key factors driving reboundThe Indian stock market recovered after eight weeks of losses, with Sensex gaining 473 points and Nifty 134 points. HDFC Bank appointed Anu...
EPF wage ceiling hike: Lesser take home salary for these employees; know how you will be impactedIn a significant update, the EPFO wage ceiling limit has been modified to Rs 25,000 monthly. This modification will add fifty-one lakh work...
Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...
IRS announces new rules Trump Accounts for contribution towards employees’ dependent children. All you need to knowEmployers can now contribute $2,500 each year to Trump Accounts designed for children's savings. Alongside this, employees have the option ...
Doximity shares soar 60% after CEO says its AI can outperform AnthropicDoximity shares surged after the healthcare platform highlighted the strong performance of its clinical AI, overshadowing an earnings miss....
US jobs data: Only 12,000 jobs added in OctoberIn October, the U.S. added just 12,000 jobs, significantly down from September's 223,000, due to the impact of hurricanes and strikes, incl...
Stocks, bonds struggle for momentum into US jobs: Markets wrapStocks, bonds, and major currencies remained stable as traders awaited US jobs data that could influence the Federal Reserve's rate cut dec...
US jobs report stands as next catalyst for Treasury market gyrationsBond yields, which move inversely to prices, have surged due to expectations that interest rates will remain high because of a resilient ec...
US job market: Payrolls increase by 263,000, unemployment rate nosedives to 3.5% in September. See detailsAmid efforts by the Federal Reserve to slow the economy, job growth in September came up slightly short of predictions, and the unemploymen...
U.S. job growth beats expectations; unemployment rate fall 3.5%Nonfarm payrolls increased by 528,000 jobs last month, the Labor Department said in its closely watched employment report on Friday. Data f...
US job growth solid in May; unemployment rate steady at 3.6%The Labor Department's closely watched employment report on Friday also showed the unemployment rate holding steady at 3.6% for a third str...
Indian job market shows sharp recovery in headcount in March, shows Quess data“Payroll headcount” grew 18.4% year-on-year amid removal of restrictions and pick-up in economic activity, according to data from AllSec Te...
EPFO adds around 1.54 million net subscribers in SeptemberOn a month-on-month basis, this is 0.18 million more compared to August 2021 when EPFO registered a net new addition of 1.36 million subscr...
Formal sector jobs created by EPFO jumps by 48% in August 2021: Payroll dataThe increase in net new subscribers in August is, however, 12.9% higher compared to the revised net addition in July at 1.31 million. The p...
EPFO: Net new enrolments rise by 24% to 12.54 lakh in DecemberThe provisional payroll data of EPFO, released on Saturday, highlights a positive trend for net subscribers base growth with addition of 12...
Rise in Jan dhan accounts during the pandemic point to economic revival, say SBI economistsThe data indicates that labour remittances, which started picking up in June and July, crossed the pre-Covid levels in September.
Formal sector jobs plummeted almost 44% in March: Government payroll dataThe formal sector payroll additions may worsen in April and May when the full impact of Covid-19 was felt and businesses were hit hard by t...