Need separate debt management cell in Punjab

Apropos of ‘How Punjab can contain its debt burden’; the state may consider establishing an independent Public Debt Management Cell as an interim arrangement. A similar cell is working at the Centre under the Department of Economic Affairs, Ministry of Finance. It will help in the execution of efficient cash management practices. Later, the state…

Hudson’s Bay cuts 200 corporate roles as painful liquidation process begins

“This is a difficult reality of the restructuring process, and we are committed to treating associates impacted by these changes with respect and support,” Tiffany Bourré, spokesperson for HBC, told the Globe. Corporate layoffs follow bonus announcements While corporate layoffs are underway, store employees are being retained to manage clearance events. Both physical stores and…