TCS Q2 results preview: Revenue, PAT may come softer QoQ; focus to be on H1B visa impact, deal TCV

As TCS prepares to release its Q2FY26 earnings, analysts predict a slowdown in revenue and profit growth, primarily influenced by the BFSI sector’s resilience and ongoing challenges in consumer and pharma verticals. Key focus areas include H1B visa impacts and upcoming deal pipelines.   TCS Q2 results preview: IT bellwether Tata Consultancy Services (TCS) will…

GST new rates: High-end electric vehicles likely to attract 18% to 28% GST

According to the proposals, GST on four-wheeled EVs priced between Rs 20 lakh and Rs 40 lakh will be raised from 5% to 18%, while EVs costing more than Rs 40 lakh will face a jump from 5% to 28%. Only electric buses will continue to enjoy the existing 5% concessional rate. The GoM argued…

Technical View: Nifty needs clear breakout above 24,700 to sustain bullish momentum; Bank Nifty indicates bullish reversal

Weekly options data suggest that the Nifty 50 is expected to trade in the 24,500–24,800 range in the upcoming sessions.   Nifty Outlook for August 14 The Nifty 50 rebounded and witnessed a sustainable upside throughout the session, recouping all of its previous day’s losses and closing half a percent higher on August 13, ahead…

Trump’s auto tariffs: Nearly 16% of India’s car, component exports headed to the US in 2023

Donald Trump’s latest tariff announcement will likely hit Indian auto component makers harder that the car manufacturers US President Donald Trump’s tariffs on cars, auto components and light commercial vehicles (LCVs) are unlikely to impact India as much as markets like Mexico, Canada, South Korea and the European Union, as the country’s dependency on the…