Thursday, July 9, 2026

Business

TCS Q1 FY27 results: Tata Consultancy Services reports 5% y-o-y increase in net profit to Rs 13,349 crore

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...

Gold rush: India’s holdings of US Treasuries fall to near 6-year low; points to shift in RBI strategy

The reduction in US government debt holdings has partly been offset by a rise in gold...

New EPF Scheme 2026: 10 questions employees are asking about contributions, withdrawals and retirement savings

For most employees, the EPF Scheme, 2026 is not about starting afresh. Rather, it represents a...

Silent layoffs: Around 35,000 tech jobs may be eliminated this year; India’s IT sector sees AI shift

The latest trend reflects a new phase in the restructuring of India's IT services industry, which...

Global PC shipments decline after nine positive quarters as memory crunch deepens

After nine quarters of growth, or at least maintaining stability, global PC shipments have witnessed a significant...
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Kotak eyes Deutsche Bank’s retail assets, drops out of race for IDBI

MUMBAI: Kotak Mahindra Bank Saturday confirmed that it is looking at Deutsche Bank’s retail business, which is on the block, while...

Government notifies FDI changes on China funds

NEW DELHI: The Centre has notified two crucial changes to foreign direct investment rules — the first relating to flows from...

Nbfcs: NBFCs’ share of incremental bank credit doubles to 14%

MUMBAI: Bank credit growth in FY26 was led by services and retail segments, with non-food credit expanding by Rs 29.2 lakh...

India Macroeconomic Fundamentals: RBI DG: Macro factors strong, no pressure on balance of payments

NEW DELHI: RBI deputy governor Poonam Gupta Friday said that India has strong macroeconomic fundamentals, which can help it sustain 7.5%...

Capital Expenditure: ‘Government to sustain capex despite West Asia crisis’

NEW DELHI: While acknowledging possible stress due to the West Asia conflict , expenditure secretary Vumlunmang Vualnam Friday said that the...

Spirit airline makes final landing: American budget-friendly flight halts operations

Spirit Airlines, one of America’s most recognisable low-cost carriers, is ending its journey after more than three decades in the skies,...
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