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2025-06-05 11:39:57| The Economic Times

Mahesh Patil of ABSL AMC suggests mid and small-cap companies may see renewed investment. Despite higher valuations, their long-term growth potential remains attractive. Rate cuts could boost urban consumption, particularly in mortgages and autos. Rural economy shows promise with better real wages and good monsoons. While auto sector outlook is weak, a post-festive season pick-up is possible.


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2025-06-05 10:40:46| The Economic Times

Pakistan's Defence Minister Khawaja Asif has declared the 1972 Simla Agreement a "dead document," asserting a return to the 1948 position on Kashmir and questioning the relevance of other bilateral agreements. This statement follows escalating tensions after a terror attack in Pahalgam, prompting retaliatory strikes by Indian forces across the Line of Control.


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2025-06-05 10:03:45| The Economic Times

The company had about 108,000 employees as of June 30, 2024 and said the job cuts would account for roughly 15% of its non-manufacturing workforce.


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