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Rupee down: India-Pakistan conflict pushes currency to worst day in over two years, falls 1% against US dollar

The rupee’s 1-month implied volatility, a gauge of future expectations, rose to an over two-year high of 6.3% | Photo Credit: FRANCIS MASCARENHAS The Indian rupee weakened sharply to log its steepest fall in more than two years on Thursday as the ongoing India-Pakistan conflict hurt the currency alongside the country’s bonds and equities. The...
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Pakistan stocks plunge 6.3%: Trading halted

Pakistan Stock Exchange | Photo Credit: Bloomberg Trading halted for an hour at the Pakistan Stock Exchange after the benchmark index plunged 6.3 per cent intraday, following reports of drones being shot down in major cities including Karachi and Lahore, a notification from the exchange showed. Published on May 8, 2025 Source link
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A comprehensive list of 2025 tech layoffs

The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re...

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