Budget exercise: Finance ministry to begin FY27 preparations on October 9; GDP growth, demand and jobs in focus

The finance ministry will kick-start the Budget-making exercise for 2026-27 from October 9 against the backdrop of global geopolitical uncertainties and the steep 50% US tariff on Indian shipments.The upcoming Budget will need to address the challenges of boosting demand, creating jobs and ensuring the economy moves towards a sustained growth path of over 8%….

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TCS salary hikes: IT giant rolls out 4.5-7% raise to majority of employees; lowest in last four years

The current salary hikes are reportedly amongst the lowest in recent years. (AI image) TCS announces salary hikes! India’s biggest IT services provider, Tata Consultancy Services (TCS), has announced yearly salary hikes after a five-month postponement, offering most staff members raises between 4.5-7%. These increments correspond to the previous fiscal year ending March 2025. The…

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Nestlé shake-up: Who is Laurent Freixe? CEO dismissed over ‘undisclosed romantic relationship with subordinate’

File photo: Laurent Freixe Swiss food giant Nestlé has dismissed its chief executive Laurent Freixe with immediate effect after an internal investigation found he had an “undisclosed romantic relationship with a direct subordinate,” in violation of the company’s code of business conduct. The move was confirmed by the group on Monday, with chairman Paul Bulcke…

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