Finance -

India set to surpass China in affluent consumers by 2036: Report | Bengaluru News

TazaPulseAugust 24, 2026

India’s affluent consumer base is projected to surge from 2.6 crore in 2026 to 10.8 crore by 2036 BENGALURU: India is projected to have 10.8 crore affluent consumers by 2036, marginally surpassing China’s 10.3 crore, according to the latest report by NielsenIQ (NIQ) and World Data Lab.The report defines affluent consumers as people spending more...

Rupee climbs to 95.64 against US dollar; Iran sanctions, crude prices in focus

TazaPulseAugust 24, 2026

Rupee climbs to 95.64 against US dollar Rupee started the week on a strong note, rising 7 paise to 95.64 against the US dollar in early trading. However, the gains remained limited as geopolitical concerns, crude prices and steady importer demand weighed on the domestic currency.The currency’s movement was largely confined to a narrow range....

KPMG Australia to cut 5% of workforce amid scandal, weak growth outlook

TazaPulseAugust 24, 2026

KPMG Australia to cut 5% of workforce amid scandal, weak growth outlook KPMG Australia is reducing its workforce by about 5% as the firm continues to deal with the fallout from a scandal involving confidential client information and faces a subdued economic outlook.The cuts will affect 27 partners and about 360 employees, with consulting and...

Top stocks to buy: Stock recommendations for August 24, 2026 week – check list

TazaPulseAugust 24, 2026

Top stocks to buy in week starting August 24, 2026 Stock market recommendations: Crompton Greaves, and ICICI Prudential AMC- these are the top stocks that have been picked by Motilal Oswal Wealth Management Research Desk as stock recommendations for the week starting August 24, 2026: Stock Name CMP (Rs) Target (Rs) Upside (%) Crompton Greaves...

Oil prices slip over $1 as US weighs ‘D-Day’ Iran sanctions; Strait of Hormuz shipping risks in focus

TazaPulseAugust 24, 2026

Oil prices slip over $1 per barrel Oil prices eased more than $1 a barrel on Monday as investors booked profits ahead of a US announcement on new sanctions against Iran, with markets weighing the possibility of further disruption to Middle Eastern supplies.Brent crude declined 1.90% to $92.60 a barrel while WTI crude fell 1.96%...

Syed Akbaruddin, Annie George Mathew, Janmejaya Kumar Sinha on RBI board

TazaPulseAugust 24, 2026

Centre appoints Annie George Mathew, Janmejaya Sinha and Syed Akbaruddin as part-time directors on RBI’s central board MUMBAI: The Centre has appointed former finance ministry special secretary Annie George Mathew, Boston Consulting Group India chairman Janmejaya Kumar Sinha and former diplomat Syed Akbaruddin as part-time, non-official directors on RBI’s central board for four years.The appointments...

India eyes enhancing trade pact with Chile

TazaPulseAugust 24, 2026

India steps up Latin America outreach, with Chile trade pact talks and engagements with Argentina, Brazil NEW DELHI: Amid the global turbulence, govt is stepping up its engagement with Latin America, seeking to diversify its trade basket with talks with Chile scheduled for later this week to finalise a comprehensive trade treaty.Commerce secretary Rajesh Agrawal...

Onion prices surge; Centre to roll out Kanda Express from Monday

TazaPulseAugust 24, 2026

Centre to roll out ‘Kanda Express’ from Monday as onion prices surge 45% year-on-year NEW DELHI: In its bid to check rising prices of onion across different regions, govt will start offloading its buffer stock. As average price of the key kitchen commodity increased to Rs 42 per kg on Saturday, 45% higher than last...

Govt to tighten vehicle lighting rules: Low-beam-only bikes, reduced headlamp glare

TazaPulseAugust 24, 2026

New vehicle rules may curb high-beam glare, with two-wheelers switching automatically to low beam NEW DELHI: Automatic headlamps in two-wheelers will soon work only in passing beam (low beam) mode, and buses and other heavy vehicles will have to use genuine reflective tapes to improve visibility at night and in bad weather. Also, the use...

India’s derivatives market gets a Gen Z makeover, but losses pile up: Sebi

TazaPulseAugust 23, 2026

India’s derivatives market gets a Gen Z makeover, but losses pile up India’s equity derivatives market is seeing more young traders and investors from smaller towns, while people from lower-income groups are also making up a large part of the market, according to a Sebi study.Traders under the age of 30 made up 43% of...