economic uncertainty

Austin-based TTEC has temporarily halted its 3% 401(k) matching contributions for US employees for nine months, a move aimed at cost reduction amidst economic uncertainty. This decision, communicated via an internal memo, highlights a common strategy for companies to avoid layoffs by adjusting benefits. Experts note such pauses are cyclical during economic downturns, with many companies eventually restoring matches.

Prime Minister Modi's appeal to curb gold purchases amid global economic uncertainty has sparked anxiety among Ranchi's jewellers during the peak wedding season. The statement, aimed at conserving foreign exchange, is feared to impact customer sentiment and the livelihoods of artisans and workers in the local bullion market.

As workplaces race to adapt to artificial intelligence and economic disruption, a deeper crisis is quietly unfolding among younger generations. A new global report reveals rising burnout, loneliness, financial insecurity and fading belief in traditional life milestones among young professionals. From delayed home ownership to emotional exhaustion at work, the story explores why many workers today feel they are constantly enduring rather than progressing.

Government officials in Bhubaneswar are now urged to use official vehicles judiciously, prioritizing ride-sharing and avoiding personal trips to conserve fuel amid global economic concerns. This initiative, championed by Additional Chief Secretary Usha Padhee, aims to boost efficiency and cut costs across all departmental agencies. The move aligns with national calls for energy conservation and responsible public resource management.

Lokesh’s ‘activist supreme’ slogan tops Mahanadu agenda

The cancellation of NEET-UG 2026 has thrown medical hopefuls into a state of uncertainty and anxiety. Responding to this crisis, the Faculty Association of AIIMS is advocating for urgent financial support for students and is demanding a rigorous investigation into the alleged paper leaks.

India remains the largest buyer of Russian seaborne crude, with imports touching near-record levels in April and May following previous sanctions-related relaxations.

In Buxar, jewellery merchants express deep concern following Prime Minister Modi's suggestion to curtail gold purchases. They argue that such measures could jeopardize jobs and threaten the livelihood of small enterprises. Gold, they insist, holds immense cultural value and provides financial security for many rural and middle-class households.

JP Morgan Chase CEO Jamie Dimon is reconsidering a multibillion-dollar London office project due to the UK's political climate, warning of potential withdrawal if a future government proves "hostile to the banks." Despite this, Dimon expressed support for Keir Starmer and Rachel Reeves, advocating for closer UK-Europe ties post-Brexit. Political instability surrounding Starmer's leadership is also impacting UK bond markets.

External Affairs Minister S Jaishankar criticized "unilateral coercive measures" and sanctions, stating they disproportionately harm developing nations and cannot replace diplomacy. He also voiced concern over the West Asia crisis, emphasizing the need for uninterrupted maritime traffic and a sustained ceasefire in Gaza, advocating for a two-state solution.

The FIFA World Cup 2026 is facing growing concerns over ticket sales as resale prices continue to decline across several U.S. host cities. While demand for marquee matches remains strong, many supporters are hesitating because of soaring prices, travel costs, inflation and FIFA’s staggered ticket release strategy. Analysts believe buyers are waiting for cheaper deals closer to kickoff, creating slower sales momentum. With uncertainty surrounding pricing and availability, fans considering attending the tournament are now carefully weighing whether to buy immediately or wait for the market to shift further.

Indian markets mirrored global trends as US stocks dipped, pressured by rising oil prices and Treasury yields, despite Nvidia's stellar earnings. While AI enthusiasm cooled, a resilient US economy and strong export data from Japan offered some bright spots. However, concerns over geopolitical tensions and inflation persisted, impacting investor sentiment.