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The 8th Pay Commission has 18 months from its constitution on 3 November 2025 to submit its recommendations, putting the deadline in May 2027. The government has clarified that it has not confirmed an early submission.

Nirmala Sitharaman confirmed that the RBI's proposal to introduce 10 and 20 plastic banknotes has been approved by the government. Here's what she said about the launch timeline. 

The RBI has proposed a common framework for loan pricing, including benchmark-linked rates, board-approved pricing policies and tighter rules on loan spreads. The draft also proposes APR caps for small-value and microfinance loans.

The governments position is that it would consider stepping in only if the Tata Group or relevant stakeholders formally seek its involvement. As a matter of policy, the government generally refrains from intervening in the internal governance of private companies.

N Chandrasekaran's resignation as Tata Sons chairman reveals a breakdown in communication, highlighting complications with board decisions and unresolved leadership gaps. It raises fundamental questions about trust and governance in a complex corporate landscape.

On Tuesday, Godrej Consumer Products CEO Sudhir Sitapati resigned after the Godrej board granted him a second five-year term and shareholders approved the decision on 7 August. Global chief financial officer Aasif Malbari was appointed in his place on the same day.

Essential services are expected to remain operational during the statewide bandh in Karnataka on Thursday.

CEREBRAS SYSTEMS-RESULTS/ (PIX):Cerebras raises annual targets on strong AI chip demand

Crystal City, a small Texas town known as the spinach capital of the world, has missed debt service payments due at the start of August after severe flooding added to ongoing financial strains.

Apollo Hospitals' Q1FY27 net profit rose 34% to 581 crore, beating street estimates, as high-complexity specialty volumes and pharmacy growth lifted revenue 21% to 7,043 crore. 

The turmoil that started in Tata Trusts and Tata Sons after Ratan Tatas death has reached a crescendo of sorts with Natarajan Chandrakeran's exit. What's next?