TCS Q1 FY 2026-27 results: Tata Consultancy Services (TCS), India’s largest IT services company, reported a 5% year-on-year increase in consolidated net profit for the first quarter. Earnings rose to Rs 13,349 crore from Rs 12,760 crore in the corresponding period last year. The company’s board also approved an interim dividend of Rs 12 per…
Second place in the hearts and wallets of Americans isn’t good enough for the world’s largest sportswear companies, who bet big on the tournament. Source link
For most employees, the EPF Scheme, 2026 is not about starting afresh. Rather, it represents a transition to a modernised framework. (AI image) The Employees’ Provident Funds Scheme, 2026 has generated significant interest among employees across India. While the new scheme replaces the Employees’ Provident Funds Scheme, 1952 and forms part of the social security…
A traveler to Germany returned his vehicle with slightly more gas than it had when he picked it up. So why was he billed $131 to fill up the tank? Source link
The latest trend reflects a new phase in the restructuring of India’s IT services industry, which is valued at over $315 billion. (AI image) Silent layoffs and job cuts are becoming the new norm in India’s technology and software services industry. As a result, as many as 35,000 jobs could be cut during the current…
The reduction in US government debt holdings has partly been offset by a rise in gold reserves. (AI image) As the Reserve Bank of India (RBI) continues its forex diversification strategy, India’s holdings of US Treasury securities are down to almost a six year low. As per US Federal Reserve data, India’s exposure to US…
MUMBAI: Banks are increasingly issuing multiple credit cards to existing customers rather than onboarding new borrowers, a shift that has resulted in just 5.2 crore unique cardholders against 10.7 crore cards in circulation as of March 2026.According to the report ‘Beyond the Swipe’ by TransUnion Cibil, the Indian credit card market has shifted fundamentally over…
Choppy trading in stocks and bonds also reflected anxiety among investors about the war’s effects on inflation and growth. Source link
India has poked holes in US’s plans to impose another tariff series linked to alleged forced labour, arguing that its own approach is inconsistent and the issue be dealt with through bilateral trade negotiations instead of unilateral action. Speaking before a panel of the US Trade Representative (USTR) earlier on Wednesday, Brij Mohan Mishra, joint…
India and Australia have stepped closer on the trade and bilateral front as Prime Minister Narendra Modi on projected India as a long-term investment destination during his visit to Australia, urging businesses to deepen economic engagement as the two countries seek to expand cooperation in trade, infrastructure, clean energy and emerging sectors.Alongside Australian Prime Minister…
