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Central government employees and pensioners are eagerly awaiting clarity on their revised salaries and pensions after the formation of the 8th Pay Commission. The panel, chaired by Ranjana Prakash Desai, is expected to finalise a fitment factor and submit its recommendations to the Centre. Once the government approves, the revised pay structure will come into…
Silver made a stellar debut in 2026, soaring over 35%, or nearly Rs 85,000 per kg, investors rush towards the precious metal amid tightening supplies and escalating geopolitical tensions involving the US, Iran and Greenland. The white metal’s momentum further strengthened after MCX silver futures decisively crossed the Rs 3 lakh per kg milestone. During…
Walmart-backed digital payments firm PhonePe on Tuesday received regulatory approval from market watchdog SEBI for its initial public offering. The clearance marks a key milestone for one of India’s most anticipated fintech listings.The approval follows PhonePe’s confidential filing for an IPO in September, according to Reuters. The company is now expected to file its Updated…
Car Repairs Delayed? Oman Now Forces Insurers to Pay You Cash for Every Extra Day In a significant shake-up of Oman’s motor insurance landscape, the Financial Services Authority (FSA) has introduced sweeping reforms that now mandate compensation from insurers if car repairs aren’t completed on time, a first in the Gulf region and a major…
Budget 2026: As the Union Budget for the financial year 2026-2027 draws closer, Indian companies are expecting a GST like transformation in the customs duty framework to promote trade facilitation and simplify dispute resolution. Key demands include a rationalisation of customs duty rates, a reduction in the number of duty slabs, and the introduction of…
The standard deduction limit varies depending on the tax regime that salaried taxpayers opt for. (AI image) Budget 2026 income tax expectations: Standard deduction is seen as a much needed relief for taxpayers – it’s a simple, straightforward deduction from your gross income – a fixed amount that allows salaried taxpayers and pensioners to reduce…
BENGALURU: Salesforce is sharpening its AI strategy by rethinking how large language models (LLMs) are deployed within enterprise software, as organisations struggle to move generative AI from pilot projects to reliable, production-ready systems.Srini Tallapragada, president and chief engineering and customer success officer at Salesforce, told TOI that the past two years have revealed a widening…
US President Donald Trump on Monday (local time) said that he would “100%” proceed with his plans to impose tariffs on European countries unless a deal over Greenland is reached. In a telephonic interview by NBC news, the US president was asked if he will seize the land by “force,” to which he replied, “no…
As the Union Budget 2026 approaches, leaders in the real estate sector are urging the government to take urgent steps to revive affordable housing and strengthen rental housing, cautioning that growth in the sector is increasingly uneven and skewed toward luxury developments.Anuj Puri, chairman of ANAROCK Group, said India’s housing story remains strong on the…
Gold and silver prices surged to fresh record highs on Tuesday, extending gains from the previous session as renewed fears of a potential US–EU trade war drove investors towards safe-haven assets. The rally followed tariff threats by US President Donald Trump linked to opposition from European countries over his Greenland move, which has heightened global…
