Friday, November 22
Stock market crash today: BSE Sensex and Nifty50 plunged in trade on Friday. Investors remained cautious ahead of the crucial US jobs report, which could influence the Federal Reserve's decision on interest rate cuts.
The Ministry of Labour has instructed the Karnataka State Labour Commissioner's Office to probe Infosys for delaying the onboarding of over 2,000 candidates. Infosys has started sending joining dates and plans to complete this by December.
Prime Minister Narendra Modi attended a business roundtable in Singapore, where 18 business leaders committed to doubling their investments in India, pledging over Rs 5 lakh crore ($60 billion). Modi announced the establishment of an 'Invest India' office in Singapore to enhance bilateral economic relations and concluded his visit to Brunei and Singapore.
Amazon plans to export about $5 billion of small-ticket items from India this year, up from nearly $3 billion in 2023. This move marks a shift away from China and underscores India's growing role in the global supply chain. Amazon has partnered with India's commerce ministry and trade associations to connect with thousands of small manufacturers.
