2026

 Trump administration suspended eight companies. (Photo: Reuters) Tata Consultancy Services (TCS) on Friday said the US government’s suspension of the Permanent Labour Certification (PERM) programme for several technology companies was not expected to have any material impact on its workforce strategy or client engagements.The statement came a day after the Trump administration suspended eight companies,…

Brent crude futures fell 72 cents, or 0.7%, to $103.53 a barrel. Oil prices fell on Friday as concerns over Middle East supply disruptions eased after US President Donald Trump said Washington would not attack Iran before next month’s US elections. He also cited progress in talks aimed at ending the conflict, which has disrupted…

MUMBAI: The rollout of merchant discount rate (MDR) on select UPI transactions is expected to be postponed to Jan 2027 against the earlier date of Oct 15 with an announcement expected over the next couple of days.The move follows representations from trade bodies which were apprehensive that the introduction of the fees may impact festival…

NEW DELHI: After IndiGo, Air India, Air India Express and Akasa have also hiked fuel surcharge due to spiralling price of aviation turbine fuel (ATF/jet fuel) and falling rupee, which is acting as a double whammy at a time when air traffic is also beginning to decline as higher fares are seeing price-sensitive domestic travellers…

India joins US, 13 economies in joint statement to address global excess capacity after G20 meeting NEW DELHI: India has joined US and a dozen other economies, including Canada, EU, Japan, South Korea, Mexico, France, Germany and UK, on structural excess capacity in five categories – autos and EVs, batteries, chemicals, foundational semiconductors and solar…

MUMBAI: HDFC Bank’s incoming MD and CEO Anup Bagchi will get target annual compensation of Rs 35.9 crore, with a Rs 7.3-crore one-time equity grant taking potential pay to Rs 43.2 crore. He takes charge Oct 27 after Sashidhar Jagdishan’s exit.RBI approved Bagchi’s appointment Oct 1 for a three-year term. His Rs 9-crore fixed pay…

MUMBAI: With Brent crude prices spiking again to over $105 per barrel, US Treasury bond yields rising to a more than two-decade high and the rupee at close to 96.8/$, strong foreign fund selling pulled the markets sharply down on Thursday. Reliance Industries, HDFC Bank and Bharti Airtel led the slide as sensex lost 1,045…