Business
Volkswagen plans another 50,000 job cuts in biggest restructuring in 90 years
The latest cuts will take Volkswagen’s planned job reductions to 100,000 by 2030. German carmaker Volkswagen is set to cut another 50,000 jobs by 2030 as part of its biggest restructuring in almost 90 years, taking the total number of positions it plans to eliminate by the end of the decade to 100,000.Volkswagen, one of…
Govt eyes auto cos-led model to fix EV charging on highways
The ministry has identified 60 priority corridors for electrification NEW DELHI: Govt wants automakers to take greater responsibility for fixing gaps in India’s electric vehicle EV charging network. Speaking at Siam’s annual session, Kamran Rizvi, secretary, ministry of heavy industries, said nearly half of mapped charging stations were non-functional, underscoring a major consumer pain point…
Sebi to tweak CAS, change method for derivative trade
The decision comes exactly a month after CAS was rolled out on Aug 3 MUMBAI: Markets regulator Sebi on Thursday said it will revise the settlement price mechanism for derivatives contracts for Closing Auction Session (CAS). The decision comes exactly a month after CAS was rolled out on Aug 3. Sebi will soon come out…
Top stocks to buy today: Stock recommendations for September 3, 2026 – check list
Top stocks to buy today on September 3, 2026 Top stock market recommendations: Bank of Maharashtra, Glenmark Pharma, and Tata Technologies have been shared as the top stocks to buy today on September 3, 2026 by Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth. The analyst has also shared technical views…
‘Will finalise trade deal after US gives preferential tariff terms’: India’s clear message to America
Piyush Goyal says India awaiting tariff edge before US trade deal (File photo) NEW DELHI: India will announce the final details of its proposed Bilateral Trade Agreement (BTA) with the US only after Washington agrees to provide preferential tariff terms compared with the country’s competitors, commerce and industry minister Piyush Goyal said on Thursday.“As soon…
Explained: Why India’s 7.8% GDP growth has sparked a maths debate
India has retained its tag of being the world’s fastest growing economy. India’s GDP growth has beaten all estimates with a 7.8% number in the midst of the US-Iran war. But the government is under fire from opposition and even some experts who have raised doubts on the new calculation methodologies. Is India’s GDP growth…
Bank holiday on Janmashtami: Where are banks closed on September 4, 2026? Check state-wise list
Bank holiday on September 4 Bank customers planning to step out for branch work on Friday should double-check their local holiday list first. According to the Reserve Bank of India’s (RBI) holiday calendar, banks across a number of states and Union territories will remain closed on September 4 on account of Krishna Janmashtami, one of…
8th Pay Commission salary hike calculator: A Level 8 employee could earn up to Rs 28.89 lakh extra over 10 years if annual increment rises from 3% to 7% with 2.15 fitment factor
One issue that is likely to come up again is the annual increment rate for central government employees. 8th Pay Commission news: The 8th Pay Commission is set to travel to Chennai on September 7 and 8, following its two-day stakeholders’ consultation meeting in Jaipur. During the Chennai visit, representatives of employee and pensioner organisations,…
Couple bought flat jointly for Rs 60 lakh, stamp value was Rs 94.81 lakh; taxman added entire Rs 34.81 lakh gap to husband’s income, why ITAT said it’s not justified
Although the flat was jointly owned by the husband and wife, the tax officer added the entire Rs 34.8 lakh difference to the husband’s income. You buy a house jointly with your wife. When you register it the stamp duty value is higher, and the Income Tax Department decides to place the full tax liability…