A 2024 government survey reveals increased employment participation among 15-59 year-olds, with 75% of males and 25% of females engaged in work. Female involvement in unpaid domestic services decreased, while caregiving responsibilities remained predominantly female. The survey, covering over 1.39 lakh households, highlights shifts in time allocation among various activities.
UltraTech Cement announced a 1:52 share swap ratio for acquiring Kesoram Industries, effective March 1, 2025. The board also approved expansion into the wires and cables segment. UltraTech and Kesoram shares closed lower following the announcement.
Sebi has proposed key reforms in the F&O segment to curb market volatility and enhance risk management. Changes include a Delta-based Open Interest (OI) computation, reducing artificial ban periods, recalibrating Market Wide Position Limits (MWPL), and strengthening intraday monitoring.
Housing Authority of Cook County employees say the workloads are tough and wages are low, causing many union employees to leave the agency, one that is deemed troubled by HUD.
