Business

The DCC determines where social-security contributions are paid. (Image for representative purpose only) Employees movement from one country to another for work usually brings questions around the minimum salary, immigration and taxes. Such moves can also trigger less obvious social security obligations in both countries, potentially increasing the cost of an international assignment. This was … Read more

Tata Sons and Tata Trusts are in talks with insurance companies about cover for possible legal claims arising from their dispute over the future of the $185 billion Tata Group.Executives from both sides want to know how much of their legal costs would be covered under directors and officers liability insurance if the dispute goes … Read more

Barclays to slash 5,000 jobs Barclays plans to eliminate around 5,000 jobs, or 5% of its global workforce, by the end of this year as the British lender streamlines its operations and increases its investment in technology, including artificial intelligence (AI).The bank has already closed 1,000 positions and expects to cut another 4,000. Around 60% … Read more

Meta’s Q3 net income jumps 264% to $9.86 billion Meta Platforms’ net income more than tripled in the third quarter of 2026, rising 264 per cent year-on-year to $9.86 billion, as higher advertising revenue boosted its financial performance. However, a $9.89 billion legal charge pushed operating income down 37 per cent despite a 26 per … Read more

India’s private capex pipeline rises 39% to Rs 99.7 lakh crore, UBI flags risks India’s planned private sector investments touched Rs 99.7 lakh crore in September 2026, with the pipeline expanding 39% over a year. However, the sharp rise in project costs has not been matched by a similar increase in the number of projects, … Read more

As the relationship between the couple deteriorated, the woman asserted that the house belonged solely to her. (Image for representative purpose only) A property is in the joint name of a husband and wife. But only one of the two has directly or indirectly supplied funds for its purchase? In case of a marital discord, … Read more

Tesla cuts 2026 capex by one fifth Tesla reported an unexpected $1.53 billion in free cash flow in the third quarter, beating Wall Street’s expectations, as the electric vehicle maker spent less than anticipated on capital expenditure.However, a one-fifth cut to its 2026 spending forecast has raised questions about its investment plans for artificial intelligence … Read more

Rupee gives up some gains NEW DELHI: Rupee weakened in early trade on Thursday, losing 12 paise to 94.50 against the US dollar as rising crude oil prices and a decline in the equity market weighed down the currency. A softer dollar and lower US treasury yields, however, helped limit the fall.The currency opened at … Read more

Top stock market recommendations: Persistent Systems, Sagility, and Waaree Energies – these are the top stocks to buy that Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth has identified for October 22, 2026. He has also shared his views on Nifty and Bank Nifty:Persistent Systems (BUY): LCP: Rs 5858 Stop Loss: … Read more

The authenticity and full extent of the alleged exposure had not been independently verified in the post. MUMBAI: SBI has confirmed a data breach involving 3,897 customer records containing personal information, which were found on the dark web.SBI identified the records containing personal information in a preliminary analysis of 3.75 lakh records found on the … Read more

Crude prices hold above $110 per barrel Oil prices edged higher on Thursday, with Brent crude trading above $110 a barrel. The rise came after fresh Houthi attacks in Saudi Arabia prompted US to order some diplomats and their family members to leave American missions in the Kingdom.At the same time, concerns over shipping safety … Read more

HDFC Bank is currently investigating potential leaks of confidential information to social media and other outsiders. MUMBAI: HDFC Bank is investigating whether two executives shared unpublished price sensitive information (UPSI) with outsiders in violation of Sebi regulations and the bank’s code of conduct. UPSI can include data on financial results, dividends, capital raising and the … Read more

Reliance Industries Ltd, led by billionaire Mukesh Ambani, will continue to hold a majority stake in Jio Platforms following its stock market listing. Jio Platforms IPO: India’s largest Initial Public Offering (IPO) till date opens for subscription on Wednesday. Jio Platforms plans to raise approximately Rs 30,213 crore through a fresh issue of up to … Read more

Oil flows from the Middle East have topped prewar levels at over 24 million barrels a day despite escalating attacks on shipping in Hormuz Persian Gulf oil exports have climbed above prewar levels despite intensifying attacks on shipping in the Strait of Hormuz, as tankers adapt to the risks with US protection and alternative routes … Read more

Jio Platforms is expected to have a market capitalisation of around Rs 10.3 lakh crore at the upper end of the price band. Jio IPO: The Qualified Institutional Buyers (QIB) category in Jio Platforms’ IPO has been subscribed more than twice over within minutes of the issue opening on Wednesday.Demand for the QIB portion had … Read more

Rupee gains against US dollar NEW DELHI: Rupee jumped nearly 0.5% against the US dollar on Wednesday, climbing to a six-week high of 94.50. The rally came as foreign currency inflows linked to the Jio IPO and gains at the Dalal Street supported the currency. At the same time, support from the Reserve Bank of … Read more

Goldman Sachs warns commodity prices could remain volatile through 2027, crude could hit $140 (representative image) Commodity prices could remain volatile through 2027 as geopolitical conflicts, disruptions to energy and agricultural supplies, and extreme weather risks threaten global markets, with crude oil, European natural gas and agricultural commodities facing significant upside risks, according to a … Read more

HDFC Bank probe finds two senior executives shared sensitive information with outsiders NEW DELHI: HDFC Bank has found evidence that two senior executives shared confidential business plans and possibly market-sensitive information with outsiders, according to a Bloomberg report.The probe began after some bank leaders raised concerns about possible leaks. The two executives, who oversee key … Read more

The rupee traded between 94.35 and 94.82 against the US dollar during the session The rupee strengthened sharply on Wednesday, rising 53 paise to close at 94.38 against the US dollar, supported by foreign currency inflows linked to Reliance Industries’ Jio Platforms IPO and intervention by the Reserve Bank of India (RBI).The recovery came despite … Read more

The state-run refiner is reassessing its crude sourcing strategy amid supply disruptions and soaring freight costs linked to the Iran war. Indian Oil Corporation (IOC), India’s largest refiner, plans to scale back crude oil purchases from Middle Eastern suppliers under annual contracts for the financial year 2027-28, as the prolonged Iran war continues to disrupt … Read more

Including the commitments secured from anchor investors earlier this week, Jio Platforms’ IPO has attracted around Rs 77,892 crore Jio IPO subscription: Jio Platforms Ltd’s initial public offering (IPO) on Wednesday received subscriptions for 3.16 times the 19.75 crore shares available. Institutional investors accounted for the strongest demand. The offer will remain open for subscription … Read more

India’s coal-fired power plants face critical fuel shortages as demand rises NEW DELHI: India’s coal-fired power plants are running low on fuel, with nearly half holding coal that can generate power for fewer than three days.The squeeze is getting tighter, with the number of plants reporting critically low stocks climbing to 96 out of 191 … Read more

The rally was driven by strong performance in iron ore, electricity, coal, refinery products, cement and steel NEW DELHI: India’s core sector growth accelerated to 7.9 per cent in September 2026, up from 5.9 per cent in August, driven by strong output across six of the eight key infrastructure industries, according to data released by … Read more

The planned route will cover Anantapur, Guntakal, Raichur, Kalaburagi, Solapur and Kalyan before arriving in Mumbai. Indian Railways’ second Vande Bharat sleeper train service is all set to start in the coming days. South Western Railway (SWR) has proposed November 1, the occasion of Karnataka Rajyotsava, for the inaugural special run of the new Bengaluru-Mumbai … Read more