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Historically, companies maintained a sizeable bench by hiring in anticipation of future projects. (AI image) Indian IT sector majors – Tata Consultancy Services (TCS), Wipro, Infosys, HCL Tech, and Tech Mahindra – have seen their bench strength drop by 25% in the last two years. Bench strength acts as a traditional reserve workforce with an…
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NEW DELHI: Domestic urea manufacturing has been hit due to the West Asia crisis, with production falling to 18 lakh tonnes this month from the earlier average of 24 lakh tonnes. But the output is set to increase with greater availability of LNG, procured through “spot buying” every fortnight, officials have said.The govt has maintained…
Bitcoin BTC$67,446.83 has jumped 2% this week, but shaky demand-supply dynamics and rising “real” interest rates could limit the rally. Last week, CoinDesk noted that inflows into spot ETFs have cooled, pointing to renewed institutional apathy. Further, stablecoin growth has stalled, signaling a lack of fresh fiat inflows. The figures look alarming compared to the…
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India’s petrol shipments dropped significantly in March, declining 33% to 8.31 million barrels. (AI image) US-Iran war impact: India’s diesel exports have climbed by 20% in March amid the ongoing Middle East conflict. The widening gap between crude oil prices and refined diesel prices have led India to ramp up diesel exports by about 20%…
April 2026 bank holidays: As April 2026 approaches, several banks across India will remain closed for national and state-specific holidays. Customers planning branch visits are advised to check holiday schedules in advance to avoid inconvenience. They should also plan for transactions like cheque clearances, large cash deposits, or demand drafts in advance. Banks will also…
