SC on Adani-Hindenburg, employment data, Cipla stocks, and more

It's been a month since US-based short-seller Hindenburg Research came out with a damning report on the Adani Group. Ever since, the group's stocks have behaved erratically, keeping investors and regulators on edge. On Thursday, the Supreme Court formed a panel to review regulatory mechanisms and protect the investors' interests. The apex court also told Sebi to complete its probe within two months. What next in this saga now?

So, will the Supreme Court's action in the Adani-Hindenburg saga stem the bleeding in the capital markets? Only time will tell. Meanwhile, India received a piece of positive news from government corridors recently. This was in the form of the Periodic Labour Force Survey report. It presented a positive outlook for employment in the country. Even the unemployment rate is on a steady decline. But what does the fine print say, and what does this report tell us?

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