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Lower min age for MD, directors to 18: Parliamentary panel

TazaPulseAugust 4, 2026

A parliamentary panel suggests lowering the minimum director age to eighteen years. NEW DELHI: The joint committee of Parliamentary panel examining the amendments to the Companies Act has recommended reducing the minimum age for appointment as managing director and whole-time director from 21 years to 18, bringing it in line with similar age caps in...

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Larry Berg named Major League Soccer commissioner

TazaPulseAugust 4, 2026

LAFC Co-Managing Owner Larry Berg celebrates win over Sporting Kansas City in the finals of the 2024 Lamar Hunt U. S. Open Cup at BMO Stadium on September 25, 2024 in Los Angeles, California. Shaun Clark | ISI Photos | USSF | Getty Images Larry Berg has been named the next commissioner of Major League...

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Tech millionaires use donor-advised funds for tax savings and giving

TazaPulseAugust 4, 2026

Businessman working in the office Pixelfit | E+ | Getty Images The surge in IPOs and valuations for private tech companies is creating a secondary boom in donations of shares to donor-advised funds, or DAFs, according to a new study. Three quarters of the gifts to DAFgiving360 over the past 12 months were non-cash assets,...

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FAA clears smallest Boeing 737 Max to fly after years of delays

TazaPulseAugust 3, 2026

The Federal Aviation Administration has certified the Boeing 737 Max 7, the smallest model in the best-selling family of aircraft, after nearly a decade of delays. The agency on Monday said the approval “reflects years of sustained work to resolve complex technical issues and complete a thorough review of the airplane’s design and supporting safety...

Centre raises windfall tax on petrol, diesel and ATF exports from August 3

TazaPulseAugust 3, 2026

The Centre has once again revised the windfall tax on fuel exports, raising duties on petrol, diesel and aviation turbine fuel (ATF) for the next fortnight while keeping domestic fuel duties unchanged.According to a finance ministry notification, the revised special additional excise duty (SAED) will come into force from August 3.The SAED on diesel exports...

$360M, highest domestic opening ever

TazaPulseAugust 3, 2026

Tom Holland stars as Peter Parker, aka Spider-Man in Sony and Marvel’s “Spider-Man: Brand New Day.” Sony There’s a new king of the domestic box office. Sony and Marvel’s “Spider-Man: Brand New Day” webbed up more than $360 million during its opening weekend in the U.S. and Canada, breaking the record for the highest-grossing debut...

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Visa to buy fraud-detection firm BioCatch for $2.4 billion

TazaPulseAugust 3, 2026

Nikolas Kokovlis | Nurphoto | Getty Images Visa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion in cash, expanding the payment giant’s push into cybersecurity as banks confront a surge in artificial intelligence-powered scams and account takeovers. Under the deal, Visa will get BioCatch’s behavioral biometrics platform, which analyzes data...

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Are Americans ready to embrace tiny ‘cars’? These companies think so

TazaPulseAugust 3, 2026

Chip Motors plans to produce a four- or six-seat low-speed vehicle, which it is calling a “life utility vehicle, named Chip. Courtesy image The next big idea in the U.S. automotive industry may be small. A growing number of companies, including auto giant Stellantis, are betting Americans are ready to embrace smaller, less expensive vehicles...

Bank holidays in August 2026: Where and when banks will remain closed this month

TazaPulseAugust 3, 2026

August is set to bring a series of bank holidays, so if you’re planning a visit to your bank branch, it may be worth checking the holiday calendar first. Banks are scheduled to remain closed on different dates across states due to regional festivals and local observances, with the holiday calendar varying from one state...

over 118 lakh central employees choose unified pension scheme

More than 1.18 lakh Central employees choose Unified Pension Scheme: FM Sitharaman tells Parliament

TazaPulseAugust 3, 2026

More than 1.18 lakh Central Government employees and eligible retirees have opted for the Unified Pension Scheme (UPS) since its rollout, the government informed Parliament on Monday.In a written reply in the Lok Sabha, Union finance minister Nirmala Sitharaman said the total number of UPS subscribers stood at 1,18,195 as of July 19, 2026. This...