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‘Cusp of historic trade agreement’: EU chief says they are close to signing FTA with India; visit scheduled next week

President of the European Commission Ursula von der Leyen talks during the Annual Meeting of the World Economic Forum in Davos (AP photo) India is close to signing a trade deal with the European Union, as stated by EU chief Ursula von der Leyen during the World Economic Forum in Davos on Tuesday.“There is still…

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8th Pay Commission: How much will your salary, pension increase? Check for fitment factor of 2.15, 2.57 or 2.86

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…

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Silver prices soar! White metal adds over Rs 85,000 so far in 2026; is it the right time to buy?

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…

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PhonePe IPO gets regulatory approval from SEBI! India’s top UPI firm eyes stock market debut; check details

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…

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Budget 2026: Industry seeks GST-style simplification in customs duty; urges speeding up and simplification of clearences

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…

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Budget 2026: Why standard deduction should be hiked under the new income tax regime – explained

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…

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Salesforce targets last-mile challenge in enterprise AI adoption

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…

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Budget 2026 for real estate: Luxury housing soars, affordable homes lag; industry pushes for tax relief, rental income support

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…

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