BUSINESS

US Senators question TCS on H-1B hires and American layoffs

US Senators question TCS on H-1B hires and American layoffs

US Senators have asked TCS to explain its US hiring practices, including H-1B recruitment, wage parity, and American layoffs. The…
India a ‘stabilising force’ in global economy, says Nirmala Sitharaman

India a ‘stabilising force’ in global economy, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said India has emerged as a stabilising force in the global economy, resilient against trade, energy,…
TCS forced around 2,500 employees to resign, says IT employees’ body

TCS forced around 2,500 employees to resign, says IT employees’ body

Company, however, refutes allegation; says only a limited number of employees have been affected at its Pune office New Delhi: India’s…
RBI may allow lenders to lock phones on EMI default

RBI may allow lenders to lock phones on EMI default

Governor Sanjay Malhotra said the central bank is examining a proposal to allow lenders to remotely lock mobile phones bought…
RBI keeps interest rates unchanged amid uncertainty over Trump’s tariffs

RBI keeps interest rates unchanged amid uncertainty over Trump’s tariffs

The Reserve Bank of India kept the repo rate unchanged at 5.5% for the second consecutive time, citing tariff uncertainties.…
Banks get more flexibility in small business and gold-based loans: RBI

Banks get more flexibility in small business and gold-based loans: RBI

The Reserve Bank of India has eased norms for small business loans and working capital lending to jewellers, allowing banks…
Gold hits record Rs 1.17 lakh per 10g on US shutdown fears, Fed rate cut bets

Gold hits record Rs 1.17 lakh per 10g on US shutdown fears, Fed rate cut bets

Gold surged to a record Rs 1.17 lakh per 10 grams on the MCX, tracking global gains as investors sought…
Gold hits record high, set for best monthly gain in 14 years

Gold hits record high, set for best monthly gain in 14 years

Gold surged to a record Rs 1,15,450 per 10 grams on Tuesday, on track for its strongest monthly gain since…
Hatchbacks will continue to exist despite ‘SUVisation’ of auto industry: FADA president

Hatchbacks will continue to exist despite ‘SUVisation’ of auto industry: FADA president

Despite the global shift towards SUVs, hatchbacks will remain relevant in India’s auto market. FADA believes GST cuts and affordability…
Starbucks to close stores, lay off 900 workers

Starbucks to close stores, lay off 900 workers

The Seattle coffee giant will notify employees whose positions are being eliminated on September 26 New York: Starbucks is laying off…
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