
‘My entire career is derailed': Analyst says accidental file download led to termination and blacklisting
An Indian professional has shared a distressing account of how a single mistake during his resignation period derailed his career, highlighting the precarious nature of employee exits and background verifications in the country's competitive job market. The lack of documentation has had serious consequences for the analyst's job search.(Pexel)
The individual, who worked as a senior analyst in the oil and gas research domain with experience in business process automation, posted his story anonymously on Reddit, saying he had been with the same company for over four years and was well-regarded in his role. However, he says things took a dramatic turn while he was serving his notice.
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'While serving my notice, I was trying to take some of my personal files to my personal drive and I accidentally downloaded some company files along with it,' he wrote. 'There was no malicious intent — I genuinely didn't think it would cause an issue, and I was wrapping up some pending work.'
The incident was flagged as a data breach by the company, leading to an immediate revocation of his resignation and termination of employment. 'What's worse — I don't have any exit documents. No experience letter, no clearance, nothing — just a termination letter,' he added.
The lack of documentation has had serious consequences for the analyst's job search. 'Now when I apply to other companies, I can't pass background verification. In fact, in a recent BGV with another reputed firm, my old company red-flagged me.'
He admits to having made a poor judgment call, but said the punishment feels disproportionate. 'I understand I made a mistake. I should've been more careful and transparent. But now it feels like my entire career is derailed over one bad judgment call.'
In India, background verification is a standard procedure for white-collar jobs, and missing or negative exit records can severely hinder future employment. The analyst says recruiters often ghost him after the checks. 'I'm finding it really hard to even get a chance to explain myself to recruiters.'
The emotional toll has been immense. 'This situation has really taken a toll on my confidence and mental peace,' he wrote, concluding the post with a plea: 'If there's anyone who's willing to help or even just guide me, I'd be really grateful.' Take a look at the post:
The post prompted responses from users offering advice and solidarity.
A user wrote, 'I think your only option is meet with HR and explain your side of story n beg them'
Another added, 'It looks like an honest mistake. Reach out to HR and plead. This is the only way of resolution.'
Also read: Donald Trump's post on peace after bombing Iran's nuclear sites is redefining irony

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Indian Express
37 minutes ago
- Indian Express
Iranian parliament recommends Strait of Hormuz closure: What may be in store for energy markets, India's oil imports
Following US airstrikes at Iranian nuclear facilities, Iran's parliament Sunday approved a motion calling for the closure of the Strait of Hormuz, a critical oil transit choke point in global energy flows. To be sure, it is up to Iran's Supreme National Security Council to decide on whether or not to go ahead to try and choke the Strait of Hormuz. Iran has in the past threatened to close the Strait of Hormuz on multiple occasions, but has never actually done it. Notwithstanding that, the heightened risk of the closure is bound to raise concerns globally, including in India, particularly with regard to oil and gas supply security, and could lead to a jump in energy prices. The global energy market has had its eyes set on the ongoing Israel-Iran conflict as the West Asian region is a critical cog in the international oil and gas flows. Indian refiners, too, have been watching the developments closely as the region accounts for a significant share of India's energy imports. Also, any major disruption in West Asian oil and gas exports could lead to a surge in oil and gas prices in the international market, which would also hurt India, which is counted among the world's largest oil and gas importers with high import dependency levels. To be sure, the conflict has so far not really disrupted physical oil and gas flows from the region, although shipping and insurance rates have gone up notably due to higher geopolitical risk premium,according to industry sources. There are also reports that a few shipping lines are reassessing routes in the region. This could further add to the transportation cost to and from the region. As for oil prices, benchmark Brent crude was at $77 per barrel on Friday, its highest level in nearly five months. It is likely that oil prices will surge when the markets open Monday over the possibility of the closure of the Strait of Hormuz. At May-end, Brent was languishing around $63 per barrel. But oil prices rose sharply with Israel and Iran entering into a military conflict over the past couple of weeks. However, despite some energy infrastructure being hit in the conflict over the past few days, the most critical oil and gas supply infrastructure in the region is reported to be safe and export routes open and functional. Energy industry insiders, trade sources, and experts appear largely unanimous in the view that the trajectory oil and gas supplies and prices take hereon amid this conflict would largely depend on whether the critical Strait of Hormuz will indeed be closed by Iran, and whether oil and gas export infrastructure in the region would remain largely unharmed. Strait of Hormuz: World's most critical energy trade choke point Strait of Hormuz is a critical narrow waterway between Iran and Oman, and connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The US Energy Information Administration (EIA) calls it the 'world's most important oil transit chokepoint', with around one-fifth of global liquid petroleum fuel consumption and global liquefied natural gas (LNG) trade transiting the strait. Much of India's oil from key West Asian suppliers like Iraq, Saudi Arabia, and the UAE reaches Indian ports via the Strait of Hormuz. A bulk of India's LNG imports, which come predominantly from Qatar, also come through this vital choke point. India is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its requirement. The country is also among the top importers of LNG, depending on imports to meet around half of its natural gas demand. India's largest source of crude oil is Russia, followed by West Asian suppliers Iraq, Saudi Arabia, and the UAE. India also buys oil from other countries in the region like Kuwait, Qatar, and Oman. Indian refiners do not purchase Iranian crude as Iran's energy sector is under US sanctions. According to tanker data analysed by The Indian Express, nearly 47 per cent of crude oil imported by Indian refiners in May was likely to have been transported via the Strait of Hormuz. The importance of the chokepoint for India's energy supply and security cannot be understated. To be sure, Tehran has over the years made such threats at various points, but has never actually closed the strait even when it fought its worst wars. That is also because given the importance of the channel for global energy trade, any such attempt could draw a strong response from regional powers and even the US. Also, given that Iran itself depends on the Strait of Hormuz for its trade, particularly oil exports to China, any blockade could impact Tehran considerably, experts pointed out. 'First and foremost, such a blockade would disproportionately harm China, which sources 47% of its seaborne crude from the Middle East Gulf, including Iranian volumes. Iran's ability to maintain its sole major oil customer would be directly jeopardised. Additionally, Tehran has made deliberate efforts over the past two years to rebuild ties with key regional actors, including Saudi Arabia and the UAE, both of which rely heavily on the Strait for exports and have publicly condemned Israel's actions. Sabotaging their flows would risk unraveling those diplomatic gains,' commodity market analytics firm Kpler said in a note on June 19. '…while the rhetoric may generate headlines, the fundamentals argue strongly against action,' the Kpler note said. 'It's really hard to tell, but I would say it's very unlikely for that (blockade of the Strait of Hormuz) to happen. And we've seen in the past, whenever there were indications or even threats that Iran might be doing this, you would hear statements from the US Fifth Fleet that they would immediately intervene and they would unblock the strait. Of course, it's something that we need to flag as a risk,' Kpler's head of Middle East energy & OPEC+ insights had said in a webinar last week. Hormuz closure will hurt energy import-dependent India Given the fact that the Iranian parliament has recommended the closure of the Strait of Hormuz, the possibility cannot be dismissed. In fact, given that the regime in Tehran is perhaps fighting for survival, Iran might just attempt something that it has only threatened in the past. If the critical water channel indeed is closed by Iran, Bakr said oil prices, which have been rather subdued for a few months now, could jump to over $120 per barrel, or even touch $150. Apart from supply disruption for India, the surge in international energy prices due to any such blockade would hit India due to its heavy reliance on imported oil. This makes India's economy vulnerable to global oil price fluctuations. It also has a bearing on the country's trade deficit, foreign exchange reserves, the rupee's exchange rate, and inflation rate, among others. Major oil producers like Saudi Arabia and the UAE have some alternative infrastructure in the form of pipelines to bypass the Strait of Hormuz for oil exports, but to what extent that would help would depend on the extent of the disruption to exports via the strait. According to officials in India's refining sector, the prospect of elevated freight rates due to high risk premium for tankers passing through the strait would lead to higher landed price of oil and gas for them, but that would still be significantly better than runaway oil prices due to any major supply disruption, which would be nearly certain if the Strait of Hormuz is shut for oil tankers. Threat to West Asian oil exports: Price impact So far, Iranian oil export infrastructure doesn't appear to have been majorly hit by Israel, which is a relief for the energy markets and countries like India, even though they do not buy oil from Iran. This is because some Chinese refiners buy bulk Iranian oil and if Iran's oil exports are majorly impaired due to the conflict, these buyers will be forced to scout for oil from other sources, which could lead to higher oil prices. 'If Iranian crude exports are disrupted, Chinese refiners, the sole buyers of Iranian barrels—would need to seek alternative grades from other Middle Eastern countries and Russian crudes. This could also boost freight rates and tanker insurance premiums… and hurt refinery margins, particularly in Asia,' Richard Joswick, head of near-term oil analysis at S&P Global Commodity Insights, said in a note recently. While oil producers' cartel OPEC has significant spare production capacity that they can use in case of a major outage of Iranian oil exports, it is important to note that much of that is with other West Asian oil producers, which are located in the broader Israel-Iran conflict zone. According to industry watchers, this spare capacity will only be helpful if other oil producers in the region are able to export to the rest of the world effectively. And that would have two key prerequisites—their own oil production and export infrastructure remains unharmed and the Strait of Hormuz remains open and safe for energy trade. Sukalp Sharma is a Senior Assistant Editor with The Indian Express and writes on a host of subjects and sectors, notably energy and aviation. He has over 13 years of experience in journalism with a body of work spanning areas like politics, development, equity markets, corporates, trade, and economic policy. He considers himself an above-average photographer, which goes well with his love for travel. ... Read More
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Business Standard
43 minutes ago
- Business Standard
Central banks in Asia scale back currency intervention as dollar weakens
By Marcus Wong and Malavika Kaur Makol Some of emerging Asia's biggest central banks look to be dialing back their interventions in the currency market. The central banks of India and Malaysia have reduced the size of some derivatives positions they use to weaken their currencies. Taiwan has allowed its currency to surge against the dollar in recent weeks and dropped hints it would be comfortable with more if the moves were 'orderly.' South Korea's giant national pension fund has ended its five-month support of the won. A major reason for these moves is a simple change in the market landscape: The dollar has tumbled more than 7 per cent this year, easing pressure on emerging market currencies. But strategists and investors also point to the risk of a backlash from US President Donald Trump, amid rising speculation that currency policies will be on the table during a series of ongoing — and high stakes — trade negotiations. 'The threat of being labeled a currency manipulator by the US, especially during this period of tariff negotiations, will act as a deterrent to further heavy FX intervention in local markets,' said Rajeev De Mello, a Geneva-based portfolio manager at GAMA Asset Management SA. The shifting approach of Asia's central banks to defending their currencies underscores the sweeping changes in global markets since the election of Trump, whose on again-off again tariff threats have roiled asset prices and raised once unthinkable questions about the dollar's place in the global trading system. Korea confirmed last month that it had held currency talks with the US, sending the won higher amid talk that Trump wants a weaker dollar. But White House chief economist Stephen Miran has denied the idea Washington is working on secret deals to depreciate the greenback, saying the US continues to have a strong dollar policy. The greenback has plummeted against major currencies this year, suffering drops of around 10 per cent against the euro and the Swiss franc. Best bets Traders are now trying to game out which currencies have the most to gain from a period of reduced intervention. The Korean won and the Malaysian ringgit are two obvious candidates, since both countries have large trade surpluses, said Gautam Kalani, portfolio manager for BlueBay fixed income, emerging markets, at RBC Global Asset Management. Reduced intervention will speed up the appreciation of these currencies, he said. The Taiwan dollar is also being hotly tipped by strategists. Although Taiwan's central bank is still likely to use intervention to keep volatility in check, most market participants think it will allow the local currency to appreciate further even after hitting multi-year highs. That suggests room to build on what has already been a widespread rally against the dollar: Taiwan's currency has surged 11 per cent against the greenback this year, making it the region's best performer. The Korean won is up almost 8 per cent, while the Malaysian ringgit is around 5 per cent higher. The retreat from intervention isn't unanimous across Asia. Bank Indonesia pushed back against volatility on Thursday as Middle East tensions hit emerging market currencies. The Philippines' central bank has sent mixed messages, calling intervention futile but also saying it might have to do so 'more seriously' if a current slide in the peso continues. The People's Bank of China continues to keep its currency under a tight leash. But for some of emerging Asia's most interventionist central banks, the calculus appears to have shifted in favor of a less hands-on approach. The US Treasury refrained from labeling any country a currency manipulator in its latest foreign-exchange report, released in June. However, it said China, Japan, South Korea, Taiwan, Singapore and Vietnam all met two out of three of its criteria.


Hindustan Times
an hour ago
- Hindustan Times
Plane crash: DNA matching completed for 251 bodies, 24 handed over to families
Ahmedabad: DNA matching has been completed for 251 victims of the Air India plane crash in Ahmedabad, with 245 bodies already handed over to their families as of Sunday, said Dr. Rakesh Joshi, superintendent of Ahmedabad Civil Hospital. Aviation personnel carry the coffin of plane crash victim Kongbrailatpam Nganthoi Sharma, a cabin crew member of the Air India flight AI171, during her funeral ceremony at the international airport in Imphal on Sunday. (AFP) He confirmed that two of these bodies are scheduled to be handed over tonight and will subsequently be transported to the United Kingdom for final rites. Three families have scheduled for June 23 and one family will be handed over on June 25, he added. Dr. Joshi said that among the 245 deceased whose DNA matched successfully, 176 are Indian citizens, 7 Portuguese, 49 British citizens, one Canadian, and 12 non-passengers. The DNA profiling was necessitated as the impact of the crash left most victims unidentifiable. So far, the bodies of 20 non-passengers have been handed over to the families of the victims which include eight bodies, visually identifiable, that were handed over to their families last week, including four doctors, without the need for DNA matching. The crash occurred on June 12 when a London-bound Air India Dreamliner aircraft crashed shortly after takeoff from Sardar Vallabhbhai Patel International Airport, killing 241 of the 242 passengers and crew members onboard. Vishwash Kumar Ramesh, a 40-year-old British national of Indian origin, emerged as the lone survivor, defying the odds in one of India's deadliest aviation disasters. The impact devastated a nearby medical college residential block, claiming several lives on the ground. At least 30 non-passengers have died due to the crash. Dr. Joshi provided a detailed breakdown of the 245 bodies handed over to families across multiple regions and states. A total of 175 bodies were handed over to families in Gujarat, with Ahmedabad receiving 70, followed by Anand (26) and Vadodara (24). Other Gujarat locations include Surat (12), Kheda (11), Bharuch (7), Gandhinagar (7), Mehsana (7), Gir Somnath (5), Rajkot (3), Patan (3), Dwarka (2), Jamnagar (2), Khambhat (2), Amreli (2), Aravalli (2), and one each from Junagadh, Mahisagar, Bhavnagar, Botad, Palanpur, Nadiad, Sabarkantha, and Modasa. Outside Gujarat, 34 bodies were handed over across other Indian states. Maharashtra received 12 bodies (including 10 in Mumbai), Rajasthan 3 (including 1 in Jodhpur), and one each from Patna, Pune, Nagaland, and Manipur. Additionally, 14 bodies were handed over in Diu, the Union Territory. Ten bodies were sent to London, while 12 non-passenger casualties were also included in the total count. Lawrence Danielbhai Christian, a member of CNI Church Maninagar who died in the plane crash, was laid to rest on Sunday, according to a person close to the family. His funeral service was held at 12 noon in the Ramol area of Ahmedabad. The 30-year-old had come to India to bury his father, but two weeks later, the family was mourning another tragic loss.