Business -

Oil prices today: Brent crude declines as Trump announces Russia-Ukraine energy truce

TazaPulseOctober 12, 2026

Russian diesel supplies ease market concerns. Oil prices fell on Monday as expectations of additional Russian diesel supplies and a possible halt to attacks on energy facilities in the Russia-Ukraine conflict eased some concerns over supply. However, continued tensions in the Middle East kept Brent crude above $100 a barrel.Brent crude futures fell $1.54, or...

Top stocks to buy: Stock recommendations for October 12, 2026 week – check list

TazaPulseOctober 12, 2026

Top stocks to buy in the week starting October 12, 2026. Stock market recommendations: Bajaj Finance, Molbio Diagnostics – these are the top stocks to buy that Motilal Oswal Wealth Management Research Desk has picked for the week starting October 12, 2026. Below are the details: NAME CMP (Rs) TP (Rs) Upside (%) Bajaj Finance...

Green cards not key to workforce strategy: TCS

TazaPulseOctober 12, 2026

BENGALURU: TCS CEO K Krithivasan said green cards have never been a key part of the company’s workforce strategy, as it has significantly reduced permanent residency applications for H-1B employees and stepped up local hiring in US. The company said the US suspension of green card processing would not fundamentally alter its talent management approach.“In...

FPIs pull out 44k cr in October, outflows in ’26 cross 3L crore

TazaPulseOctober 12, 2026

NEW DELHI: Foreign investors have withdrawn Rs 44,166 crore from Indian equities so far in Oct, bringing the total outflows this year to more than Rs 3 lakh crore as elevated crude oil prices, a firmer US dollar and higher US bond yields weigh on investor sentiment. Also, the AI-led rally in North Asian markets...

Infosys plays down impact of PERM suspension

TazaPulseOctober 12, 2026

BENGALURU: Infosys said the US Department of Labor’s suspension of new and pending applications under the Permanent Labor Certification (PERM) programme for certain companies, including the IT services major, is unlikely to have a material impact on its operations.In a statement to the stock exchanges, the company said it was aware of the decision and...

He bought a Rs 41.85 lakh and paid Rs 39.15 lakh but did not get possession; builder blames PMC-PMRDA jurisdiction changes, MahaRERA rejects excuse and orders interest payout to homebuyer

TazaPulseOctober 11, 2026

A man bought a flat from a builder but did not get possession of it in the promised time period in the sale agreement. (Image for representative purpose only) When buying your dream home, timely possession is an important point. Yet in some cases builders fail to deliver flats and houses within the stipulated time...

Reserve Bank Of India: Rupee relief, higher hedging costs: What RBI’s new forex rules mean

TazaPulseOctober 11, 2026

RBI’s new forex rules may ease rupee depreciation pressure in near term (representative image) NEW DELHI: The Reserve Bank of India‘s (RBI) latest measures to curb volatility in the rupee could ease near-term depreciation pressure, reduce speculative dollar demand and help withdraw surplus liquidity from the banking system, according to research reports cited by news...

Crude oil outlook: US-Iran talks, supply risks likely to keep prices volatile

TazaPulseOctober 11, 2026

Oil prices will take cues from diplomatic developments in Middle East, OPEC and IEA reports, and US crude inventory data in the coming week. Crude oil prices are expected to witness sharp fluctuations next week as investors assess the prospects of a US-Iran agreement to reopen the Strait of Hormuz against the risk of further...

FPIs pull out Rs 44,166 crore from Indian equities in October so far

TazaPulseOctober 11, 2026

NEW DELHI: Foreign portfolio investors (FPIs) have withdrawn Rs 44,166 crore from Indian equities so far in October, taking their total outflows in 2026 to more than Rs 3 lakh crore, as elevated crude oil prices, a stronger US dollar and high US bond yields weigh on investor sentiment.Foreign investors are also shifting funds towards...

Man invested Rs 10 lakh, which tax department treated as unexplained; he first cited cash loan, then bank withdrawals as source, ITAT Nagpur deletes addition and Rs 2.11 lakh penalty

TazaPulseOctober 11, 2026

The officer therefore treated Rs 10 lakh as an unexplained investment. (Image for representative purpose only) Having a money trail of your investments and its sources is important. Unexplained income and investments can invite scrutiny from the Income Tax Department.In one such case, a man invested some money in a wealth management company and faced...