Microsoft stock plunges 12.3%, drags Wall Street lower-here’s what driving the fall

Microsoft led a pullback on Wall Street on Thursday, with US stocks retreating from record levels after the tech heavyweight logged its steepest single-day fall in years, weighing on broader market sentiment. While gold prices also reversed sharply after a blistering run, reflecting a broader cooling of risk appetite across global markets.Microsoft sank 12.3% despite…

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Excessive regulation burdening MSMEs, slowing growth: CAG | India News

NEW DELHI: Comptroller and Auditor General K Sanjay Murthy on Thursday raised his concern on excessive regulatory burdens that impede the competitiveness of micro, small and medium enterprises (MSMEs) and slow down industrial growth.“MSMEs-related reforms need to cut across multiple departments and levels of government — Centre, state, and local bodies,” Murthy said, and added…

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