The US has suspended #Cognizant, #Infosys, #Tata, #Wipro, #HCL, #Capgemini, #Microsoft and #Adobe from the Permanent Labour Certification Programme.
#US Labour Secretary Keith Sonderling said the companies had sought nearly 3 mn foreign workers since 2009.
Read more: https://t.co/EP2wV89gtY
#trump #India
Insurance isn’t about expecting the worst. It’s about making sure one unexpected event doesn’t derail everything you’ve built. Here’s when it makes sense to think about getting covered.
Know your options. Plan smarter. Make informed money decisions with Smart Investor Arena.
📍 Jio World Convention Centre, Mumbai
📅 26–28 October 2026
Book Your Early Bird Pass Today: https://t.co/OAgiVk5tiS
#bsbfsi #SmartInvestorArena #BFSISummit
Bank deposits join CAS from January 1, 2027
Bank deposits will be included in the Consolidated Account Statement through #NBFC-Account Aggregators, allowing demat holdings and bank deposits to be viewed in one place.
But will the move finally give consumers a complete picture of their financial life?
@akshita_singh_ #BSDeepDive
https://t.co/UN5gElPST8
#BSDeepDive | RBI rate cycle: How much did borrowers and savers actually benefit?
The #RBI cut the #reporate by 125 bps between February 2025 and Sept 2026. Fresh loan rates fell 72 bps, while fresh term-deposit rates fell 95 bps. The extent of transmission varied across loan benchmarks, banks and loan categories.
https://t.co/i7htO4kkpr
#BSDeepDive | Bank deposits join CAS from January 1, 2027: Demat holdings and bank deposits will appear in one place through the Consolidated Account Statement.
But will that give consumers a complete picture of their financial life?
@akshita_singh_ decodes ⬇️
https://t.co/UN5gElQqIG
Risk sharing
The General Insurance Council has proposed a mandatory 10% copayment on individual health insurance, capped at ₹5 lakh per claim.
Today's #BSEditorial looks at consumer choice, hospital costs and the role of insurers, and argues for choice between lower premiums with copayment and higher premiums for full coverage.
https://t.co/oOqgmH7C20
Is #India’s #inflation problem spreading beyond food and fuel?
India’s CPI inflation rose to 4.8% in August from 3.4% in March. Core inflation rose to 4.2% in August from 3.7% in April, while the share of the CPI basket recording inflation above 4% increased from 23% in April to 37% in August.
https://t.co/fv4zLtQZFr
#BSDeepDive | RBI rate cycle: How much did borrowers and savers actually benefit?
The #RBI cut the #reporate by 125 bps between February 2025 and Sept 2026. Fresh loan rates fell 72 bps, while fresh term-deposit rates fell 95 bps. The extent of transmission varied across loan benchmarks, banks and loan categories.
https://t.co/i7htO4kkpr
#RelianceJio’s upcoming #IPO, potentially the largest in the country, will be the start of unlocking shareholder value and growth, Chairman Akash Ambani tells @gulveenaulakh_ .
#Jio also plans to launch its satellite service at scale, with the aim of bringing affordable broadband to all Indian homes while continuing to push for affordability and inclusivity in mobile tariffs.
https://t.co/SZTMrFFdyE
#Q2Results | #TCS reported a 15% yoy rise in consolidated net profit attributable to shareholders to ₹13,884 crore for the quarter ended September 30, 2026, compared with ₹12,075 crore a year earlier.
Details here ⬇️
#TCSQ2Results
https://t.co/5c9jSG7P0S
Liquidity and currency management
Liquidity and currency management will keep the RBI occupied in the near term. The #rupee remains under pressure despite significant RBI intervention. Separately, the #RBI is facilitating depositories to include deposit-related information in investors’ consolidated account statements.
#BSEditorial | A new policy cycle
More #reporate increases are imminent. The #RBI raised the repo rate by 25 bps to 5.5% and changed its policy stance from ���neutral” to “calibrated tightening”. Rate cuts are off the table in the near term.
https://t.co/vbn7GblxMC
#GDP growth projection raised to 7.1%
The #MPC raised its FY27 GDP growth projection by 40 bps to 7.1%. GDP growth for the next financial year is projected at 7%. Today's #BSEditorial also notes that abundant banking-system liquidity could affect monetary-policy transmission.