TazaPulse

G-Secs rally as govt and RBI ease foreign investing rules

TazaPulseJune 6, 2026

MUMBAI: Bonds rallied after govt and RBI announced measures to encourage foreign investment in govt securities on Friday. The yields on benchmark 10-year govt securities (G-Secs) softened to 6.94% in early trades, from 6.99% on Thursday, after the govt said foreign portfolio investors (FPIs) would be exempted from long-term capital gains and withholding taxes on...

Facing desertion by MPs, Mamata Banerjee clips Abhishek’s wings | India News

TazaPulseJune 6, 2026

KOLKATA: Trinamool Congress was jolted Friday by speculation of an impending split in its parliamentary wing as several of the party’s 28 Lok Sabha MPs converged on Delhi, prompting party chief Mamata Banerjee to clip her nephew and national general secretary Abhishek Banerjee’s wings in a last-ditch attempt to stall a repeat of what the...

Government ready to take more measures to insulate economy

TazaPulseJune 6, 2026

NEW DELHI: The Centre is ready to take more policy measures to help insulate the economy from the adverse impact of the West Asia conflict and will phase it out instead of rushing with announcements.The focus of these steps will be to ensure that there is enough availability of goods, raw material, inputs and finished...

107109967 1661524568032 NUP 198430 00186r

Stocks face pressure from rates, oil, and a flood of new offerings

TazaPulseJune 6, 2026

CNBC’s Jim Cramer on Friday warned that a combination of rising interest rates, elevated oil prices, and a wave of new stock offerings could continue to pressure the market in the week ahead. “You’re looking at a market that’s hostage to interest rates and high oil, coupled with a monster amount of new stock coming...

Bulk deposit pricing to be more transparent, flexible

TazaPulseJune 6, 2026

MUMBAI: RBI has proposed tighter disclosure norms for deposit interest rates while allowing banks to price large deposits based on withdrawal risk, which will be a fourth factor for differential rates. Until now banks were allowed to offer differential rates based on tenor, size, and premature withdrawal conditions. These determine whether deposits qualify as bulk...

Bangladesh border guards, BSF accuse each other of push-in attempts | India News

TazaPulseJune 6, 2026

BGB, the border patrolling force of Bangladesh, claimed on Friday that India’s BSF “made multiple attempts to push in people into Bangladeshi territory in the early hours of Thursday and Friday”.In an official statement, Border Guard Bangladesh further pointed out to alleged incidents near their areas such as Lalmonirhat and Panchagarh (both close to Bengal’s...

GDP rose 7.7% in FY26, 7.8% in Q4; RBI trims this year’s projection to 6.6%

TazaPulseJune 6, 2026

NEW DELHI: The Indian economy grew 7.8% in the Jan-March quarter as strong investment, sustained farm production and expansion of the construction and tertiary sector led to a robust demand, offsetting the anticipated adverse impact of the conflict in West Asia.Data released by the National Statistics Office (NSO) Friday with the revised 2022-23 base year...

108315358 17804207501780420747 46309567910 1080pnbcnews

Marvell Technology and Flex to join S&P 500 index

TazaPulseJune 6, 2026

Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Marvell Technology, a chipmaker that makes several different parts and products needed for the artificial intelligence infrastructure boom, is joining the S&P 500 on June 22, becoming the latest semiconductor company to be added...

Retract charges or pay Rs 1,000cr: Tata Trusts

TazaPulseJune 6, 2026

MUMBAI: Tata Trusts has demanded petitioner Suresh Tulsiram Patilkhede and his lawyer Katyayani Agarwal withdraw allegations of impropriety over a 37-year-old transfer of 833 Tata Sons shares, seeking Rs 1,000 crore in damages for reputational harm and causing distress. The charitable organisations sent notices to both, saying transfer of shares from Navajbai Ratan Tata Trust...

Cloudburst, flashfloods damaged houses in J&K’s Reasi | India News

TazaPulseJune 6, 2026

JAMMU: A cloudburst triggered flashfloods in J&K’s Reasi district that damaged at least half a dozen houses and blocked roads due to mudslides on Thursday. No injury or casualty was reported in the incident that occurred in Gulabgarh’s Bathoi village. This is the fifth cloudburst in Jammu region in the past three days.Lt Governor Manoj...