US jobs pulse: Openings stay near 7.7 million in October; layoffs hit highest level since early 2023

US job openings showed little movement in October, signalling a cooling labour market at a time when the Federal Reserve is weighing another interest-rate cut amid mixed economic cues.Employers posted 7.67 million vacancies in October, almost unchanged from 7.66 million in September, according to the Job Openings and Labor Turnover Survey (JOLTS) released by the…

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Europe’s auto market: Renault & Ford join hands to counter Chinese automakers; ‘in a fight for our lives’

Renault and Ford have announced a new partnership aimed at jointly developing small, low-cost electric vehicles and commercial vans for the European market, in an effort to reduce production costs and defend their market share against fast-growing Chinese automakers. Speaking to reporters in Paris on Monday ahead of the announcement, Ford CEO Jim Farley underlined…

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Rate cut nudge: RBI Governor asks banks to pass on easing; when will EMIs fall for borrowers?

The Reserve Bank of India on Tuesday pressed banks to fully transmit policy rate cuts to borrowers, as Governor Sanjay Malhotra urged lenders to support sustainable growth and improve customer outcomes, PTI reported.Malhotra met managing directors and chief executives of public sector banks and select private lenders in Mumbai, asking them to pass on the…

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‘When it comes to AI …’: PM Modi hails Microsoft’s $17.5 bn investment; claims ‘youth will harness this opportunity’

NEW DELHI: Prime Minister Narendra Modi on Tuesday hailed Microsoft’s “largest ever investment in Asia” as the tech giant announced that it will invest $17.5 billion in India to advance its cloud and artificial intelligence (AI) infrastructure.In a social media post on X, the prime minister said that the world is optimistic about India when…

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H-1B visa curbs: US reschedules December interviews to 2026; tighter social media checks slow processing

Hundreds of H-1B and H-4 visa appointments scheduled for mid- to late-December 2025 are being cancelled and pushed to March 2026 as US consulates overhaul screening procedures, according to immigration firm Fragomen, according to an ET report.Consular posts have cited a new mandatory online presence review for H-1B applicants and their dependents that comes into…

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Gold investment outlook: Prices surge over 400% in a decade as returns beat equities; is it still worth buying or time to wait?

Gold’s sharp rally over the past few years is forcing investors to rethink asset allocation, especially at a time when equity markets are still struggling to revisit earlier peaks.In the last one month alone, gold prices have jumped nearly 7.5%, rising from Rs 1,19,289 per 10 grams on November 5, 2025, to Rs 1,28,221 on…

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