Market Crash Highlights, Friday: BSE MidCap and SmallCap indices plunged over 2% each; Sectoral indices led by Auto and IT cracked up to 4% as Trump tariff threats weighed; HDFC Bank, however, rose 2%

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Notably, stocks like Infosys, M&M, Bharti Airtel, TCS, and HCLTech were the top contributors to the downward pressure on the indices

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Pandey will be replacing present Sebi chief Madhabi Puri Buch

Revenue and Finance Secretary Tuhin Kanta Pandey

Union Budget for 2025-26, presented earlier this month, provides an idea of how the Centre has gone about recruiting staff in all its departments and ministries, other than those in the armed forces

More bang for your buck: Rising civilian staff, but is efficiency rising?

WhiteOak Capital MF on Tuesday launched its Equity Savings Fund (ESF), a hybrid scheme investing in equity, arbitrage, and debt

Debt fund

The share for urban housing has declined, with new schemes being slow to take off and the focus remaining on completing houses under earlier schemes

urban, consumption, urban expenditure

The number of stocks undergoing corrections this month is 23 per cent higher than the two-year average of 2,043

buy sell stock

Trump's new Gold Card visa introduces a new avenue for legal immigration

Donald Trump, Trump

AFG vs ENG HIGHLIGHTS: Ibrahim Zadran historic 177 runs innings worked the trick as Afghanistan lived to see another day in ICC Champions Trophy 2025

fghanistan vs England highlights (Pic Credit: ACB Media)

Afghanistan vs England highlights

E-commerce major Flipkart has shut down its arm ANS Commerce and laid off its entire workforce, according to a source.
Founded in 2017, the firm was providing all support including marketing tools, warehousing, etc to entities that wanted to sell their product online.
It was acquired by Flipkart in 2022.
When contacted, Flipkart confirmed the development.
"After careful consideration, ANS Commerce, a full-stack e-commerce enabler that was acquired by Flipkart in 2022, has decided to close its operations. As we wind down operations, we stay committed to ensuring a smooth transition for all stakeholders, including employees and customers.
"To minimize the impact on employees during this transition, we plan to offer internal opportunities at Flipkart, outplacement services, and severance packages," Flipkart said.
The number of employees impacted by the closure could not be ascertained. ANS Commerce had 600 employees at the end of FY2022.

Flipkart

"The labour ministry budget for this fiscal year is at a historic high. Around Rs 20,000 crore belong to these three schemes. So, this should give you a clue," she said

Labour Secretary Sumita Dawra

The total live storage capacity of the 155 reservoirs monitored by the CWC stands at 180.852 billion cubic meters (BCM), which is approximately 70.15 per cent of the total estimated live storage capacity in the country, according to the latest bulletin of the CWC.
While the overall storage has improved compared to the same period last year, significant regional disparities highlight the challenges faced by certain states.
The total live storage capacity of the 155 reservoirs monitored by the Central Water Commission (CWC) stands at 180.852 billion cubic meters (BCM), which is approximately 70.15 per cent of the total estimated live storage capacity in the country.
As of Thursday, the live storage available in these reservoirs is 93.529 BCM, representing 52 per cent of their total capacity.
This is a notable improvement compared to the same period last year when the live storage was 78.633 BCM and the normal storage (average of the last ten years) was 81.497 BCM.
The current storag

water body, dam, reservoir

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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E-commerce major Flipkart shuts down ANS Commerce, lays off workforce

Integration of AI in IT sector will create more jobs: Labour Secy

Reservoir storage shows improvement, but regional disparities persist: CWC

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Stock Market Highlights: Sensex sinks 1,414pts, ends Feb 6% lower; Nifty at 22,125 on broad sell-off

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