Finance -

‘Unlikely to affect workforce strategy’: TCS on Trump’s green card suspension move, plans 15,000 hires

TazaPulseOctober 9, 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.This came a day after the Trump administration suspended eight companies, including...

india joins us 13 economies in joint statement to address global excess capacity after g20 meeting

Structural Excess Capacity: India joins US-led group on structural excess capacity

TazaPulseOctober 9, 2026

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...

As HDFC Bank CEO, Anup Bagchi set for 36 crore target pay

TazaPulseOctober 9, 2026

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...

new delhi oct 08 ani a view of the 57th goods and services tax gst council

Gst Council: GST Council scraps tax officers’ arrest powers, eases refund rules

TazaPulseOctober 9, 2026

A view of the 57th Goods and Services Tax (GST) Council Meeting, chaired by Union Finance Minister Nirmala Sitharaman, in New Delhi on Thursday NEW DELHI: Nine years after the biggest indirect reform in the country, GST Council on Friday decided on a massive procedural overhaul that will rework the way businesses operate, enable them...

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Little relief expected for gas prices ahead of Election Day

TazaPulseOctober 8, 2026

A sign displays the prices of regular gasoline and diesel at a Rutter’s gas station near Milton, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Affordability is seen as one of voters’ top issues heading into the 2026 midterm elections. And gas prices — one of the items where consumers are getting squeezed the most...

Retired bank employee got Rs 12.27 lakh leave encashment and claimed Rs 3 lakh exemption in 2020, but government later hiked limit to Rs 25 lakh in 2023; ITAT Chennai allows full tax exemption

TazaPulseOctober 8, 2026

A CBDT Notification No. 31/2023 dated 24 May 2023 increased the exemption limit for non-government employees from Rs 3 lakh to Rs 25 lakh. (Image for representative purpose only) You retire and get leave encashment, a part of which is exempt from tax. You file your income tax return claiming the exemption, but later the...

GST reforms: Top things announced by FM Sitharaman-led GST Council & what they mean for businesses

TazaPulseOctober 8, 2026

What are the key reforms that have been announced and what do they mean? Let’s take a look: The 57th GST Council meeting saw the announcement of sweeping reforms aimed at ease of doing business, especially for small businesses. The changes recommended by the Council will take effect from April 1, 2027.Finance Minister Nirmala Sitharaman...

No MDR on UPI from October 15? Government considers delaying rollout of fees: Report

TazaPulseOctober 8, 2026

UPI will continue to be free for consumers, with no transaction fee imposed on person-to-person payments. Will the rollout of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions be deferred to January 2027? The government may postpone the move which was scheduled to be effective from October 15, 2026, by a few months,...

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Stocks making the biggest moves premarket: HAE, AVGO, LULU, WOLF

TazaPulseOctober 8, 2026

Check out the companies making the biggest moves premarket: Haemonetics — The blood and plasma provider popped 8% after CSL expects to complete the rollout of Haemonetics’ plasmapheresis platform across the U.S. by the end of 2027. Wolfspeed — Shares surged more than 15% after the chipmaker secured a conditional $1.5 billion loan, marking a...

Delhi-Varanasi in less than 4 hours, Mumbai-Pune in 48 minutes, Chennai-Bengaluru in over 1 hour: Indian Railways bets on seven new bullet train corridors in Rs 16 lakh crore high-speed push

TazaPulseOctober 8, 2026

Which seven routes have been selected for the new high-speed rail corridors? (Image for representative purpose only) Imagine travelling from Delhi to Varanasi by train in less than 4 hours, or even covering the distance between Mumbai and Pune in less than an hour! In the coming years, Indian Railways is looking to make that...