Business

The DCC determines where social-security contributions are paid. (Image for representative purpose only) Employees movement from one country to another for work usually brings questions around the minimum salary, immigration and taxes. Such moves can also trigger less obvious social security obligations in both countries, potentially increasing the cost of an international assignment. This was…

Barclays to slash 5,000 jobs Barclays plans to eliminate around 5,000 jobs, or 5% of its global workforce, by the end of this year as the British lender streamlines its operations and increases its investment in technology, including artificial intelligence (AI).The bank has already closed 1,000 positions and expects to cut another 4,000. Around 60%…

Meta’s Q3 net income jumps 264% to $9.86 billion Meta Platforms’ net income more than tripled in the third quarter of 2026, rising 264 per cent year-on-year to $9.86 billion, as higher advertising revenue boosted its financial performance. However, a $9.89 billion legal charge pushed operating income down 37 per cent despite a 26 per…

India’s private capex pipeline rises 39% to Rs 99.7 lakh crore, UBI flags risks India’s planned private sector investments touched Rs 99.7 lakh crore in September 2026, with the pipeline expanding 39% over a year. However, the sharp rise in project costs has not been matched by a similar increase in the number of projects,…

Tata Sons and Tata Trusts are in talks with insurance companies about cover for possible legal claims arising from their dispute over the future of the $185 billion Tata Group.Executives from both sides want to know how much of their legal costs would be covered under directors and officers liability insurance if the dispute goes…

Tesla cuts 2026 capex by one fifth Tesla reported an unexpected $1.53 billion in free cash flow in the third quarter, beating Wall Street’s expectations, as the electric vehicle maker spent less than anticipated on capital expenditure.However, a one-fifth cut to its 2026 spending forecast has raised questions about its investment plans for artificial intelligence…

Rupee gives up some gains NEW DELHI: Rupee weakened in early trade on Thursday, losing 12 paise to 94.50 against the US dollar as rising crude oil prices and a decline in the equity market weighed down the currency. A softer dollar and lower US treasury yields, however, helped limit the fall.The currency opened at…

As the relationship between the couple deteriorated, the woman asserted that the house belonged solely to her. (Image for representative purpose only) A property is in the joint name of a husband and wife. But only one of the two has directly or indirectly supplied funds for its purchase? In case of a marital discord,…

Top stock market recommendations: Persistent Systems, Sagility, and Waaree Energies – these are the top stocks to buy that Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth has identified for October 22, 2026. He has also shared his views on Nifty and Bank Nifty:Persistent Systems (BUY): LCP: Rs 5858 Stop Loss:…

Crude prices hold above $110 per barrel Oil prices edged higher on Thursday, with Brent crude trading above $110 a barrel. The rise came after fresh Houthi attacks in Saudi Arabia prompted US to order some diplomats and their family members to leave American missions in the Kingdom.At the same time, concerns over shipping safety…