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.

The International Monetary Fund (IMF) has allocated $695 million to support Sri Lanka's recovery efforts following Cyclone Ditwah and the ongoing crises in West Asia. While the country faces significant challenges, its commitment to economic reforms demonstrates remarkable resilience. Unfortunately, the escalating conflict has intensified economic difficulties, with growth anticipated to decelerate.

Indians are adapting their gold purchases, opting for lighter, more affordable jewellery and exploring alternatives like silver and diamonds. While tradition remains strong, consumers are making conscious choices, balancing emotional value with investment prudence. Experts suggest a diversified portfolio, with gold as a long-term hedge, as the industry navigates changing consumer behavior and economic shifts.

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.

India's economic horizon is looking promising, with the Reserve Bank of India forecasting a robust 6.9% GDP growth for the fiscal year 2026-27. Yet, challenges loom as global tensions, particularly in West Asia, and escalating energy costs could disrupt this trajectory. Inflation is predicted to rise slightly to 4.6%, while the RBI targets a steady 4%.

Canada's economy unexpectedly contracted by 0.1% in the first quarter, marking two consecutive quarters of decline and sparking debate over a technical recession. Prolonged U.S. tariff uncertainty and geopolitical headwinds have impacted business investment and driven up domestic prices, though some economists dispute the recession label due to a lack of widespread weakness.

As automation reshapes corporate hierarchies, younger generations face recruitment challenges. WeWork CEO John Santora warns against over-reliance on tech, emphasizing that human traits like emotional intelligence are crucial for sustainable business success. Leaders must mentor successors personally, as technology cannot replicate empathy or foster vital human connections, preventing a future leadership vacuum.

Experts urge India to boost domestic gold mining, citing risks of import reliance. The Jonnagiri project is highlighted as a model for scientific exploration and private investment. Faster approvals and policy stability are crucial to unlock India's vast untapped mineral wealth, reduce foreign exchange outflow, and foster regional development.

India's strategic foothold in the Middle East strengthens with the Adani Group's acquisition of Israel's Port of Haifa. This vital hub is poised to become a cornerstone of the India-Middle East-Europe Economic Corridor, promising faster trade routes. Despite regional tensions, operations remain secure, underscoring its importance for India's economic and connectivity ambitions.

India’s salary dissatisfaction is no longer confined to workplace gossip or appraisal-season frustration. A new ACCA survey reveals a workforce battling rising living costs, stagnant pay growth and fears of technological disruption. As employees increasingly demand sharper salary hikes, the report exposes a deeper economic anxiety shaping modern corporate India and challenging the promise of financial stability.

Gold price prediction today: Given the geopolitical tensions and a possible change in the US Federal Reserve’s stance, gold prices are likely to see limited upside in the near term, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

A generation entered adulthood during permanent instability.They are forcing the world to rethink the emotional meaning of work itself.