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Alibaba’s core profit plunges even as AI and cloud growth accelerate

TazaPulseMay 13, 2026

Jaap Arriens | Nurphoto | Getty Images Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce. The Chinese tech giant said its adjusted earnings before interest, taxes, and amortization (EBITA), a measure of the company’s underlying profitability, came in at 5.1 billion Chinese yuan ($750.9...

Cabinet okays Rs 37,500 crore coal gasification scheme to boost syngas production

TazaPulseMay 13, 2026

The Union Cabinet has approved a Rs 37,500 crore scheme to promote coal and lignite gasification projects, Union minister Ashwini Vaishnaw on Wednesday said, positioning the initiative as a major step towards cleaner coal utilisation, energy security and import substitution.The scheme aims to accelerate the conversion of coal and lignite into synthesis gas, or syngas,...

Narco-terror crackdown: NIA arrests Hizb-ul-Mujahideen mastermind Iqbal Singh after extradition from Portugal | India News

TazaPulseMay 13, 2026

NEW DELHI: National Investigation Agency (NIA) on Wednesday arrested wanted narco-terrorist Iqbal Singh alias Shera after his successful extradition from Portugal following sustained diplomatic and legal efforts.Shera, described by the agency as the mastermind in a major Hizb-ul-Mujahideen (HM) terror financing case was brought to India following the due legal process. He was taken into...

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Why Stellantis’ China play points to a wider industry gamble

TazaPulseMay 13, 2026

Eric Haan, director of the Stellantis Poissy plant, poses for a portrait next to cars at the Stellantis multinational car manufacturer’s plant in Poissy, west of Paris, on April 15, 2026. Simon Wohlfahrt | Afp | Getty Images LONDON — A recent tie-up between Jeep maker Stellantis and China’s Leapmotor is seen as a watershed...

Rupee at 95.74: INR hits all-time low as oil prices pressure economy

TazaPulseMay 13, 2026

The rupee slipped to a fresh all-time low against the US dollar on Wednesday, extending its recent losing streak as rising oil prices, overseas debt repayments and importer demand for hedging continued to weigh on the currency.The rupee weakened 0.1% to 95.7450 per dollar, moving past its previous record low of 95.7375 touched on Tuesday.Analysts...

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China’s Tencent sees boost from gaming, AI demand despite revenue miss

TazaPulseMay 13, 2026

Chinese tech giant Tencent on Wednesday reported revenues rose 9% in its first-quarter 2026 earnings, but missed analyst expectations. Here’s how Tencent did in its first-quarter earnings for 2026, compared to LSEG analyst forecast data: Revenue: 196.5 billion Chinese yuan ($28.9 billion), compared to estimates of 199 billion Chinese yuan. “We started 2026 by making...

Bengal CM Suvendu Adhikari retains Bhabanipur, the seat where he defeated Mamata, over Nandigram | India News

TazaPulseMay 13, 2026

Bengal CM Suvendu Adhikari NEW DELHI: West Bengal chief minister Suvendu Adhikari on Wednesday decided to retain the Bhabanipur seat and vacate Nandigram after winning from both constituencies in the recently concluded West Bengal assembly elections.Suvendu had contested from his stronghold Nandigram as well as Bhabanipur, the constituency long considered a bastion of former chief...

Maruti Suzuki uses railways to move three million vehicles: Reasons explained

TazaPulseMay 13, 2026

Maruti Suzuki India has crossed a major milestone by dispatching over three million vehicles through railways in India. While the achievement may not be directly related to sales or new launches, it highlights how the company is increasingly relying on rail transport for moving cars across the country. Over the years, Maruti Suzuki has steadily...

India Retail Inflation: West Asia war not hurting India inflation yet, says SBI; flags fuel and crop risks ahead

TazaPulseMay 13, 2026

The ongoing conflict in West Asia has not yet had a major impact on India’s retail inflation, though future price trends will depend on fuel costs, crop coverage and global supply conditions, according to a report by State Bank of India.The report said the trajectory of inflation in the coming months would largely be shaped...

‘Situation isn’t as dire’: Is India’s forex reserves cover enough to defend rupee? Why economists are confident

TazaPulseMay 13, 2026

Since the outbreak of the Iran conflict, India’s forex reserves have declined by nearly $38 billion, marking the steepest drop among regional economies. India has among the world’s largest foreign exchange reserves, and they are still robust enough to defend the rupee from its free fall during the ongoing depreciation phase due to the Middle...

Stocks making the biggest moves premarket: UNH, TSM, GE, JBHT

Catching up in the AI race? India gets its second AI unicorn in a month

‘We’ll go to Delhi and raise our voice’: Omar Abdullah vows to press for J&K statehood demand | India News

Nvidia reveals new AI model and expands Japan’s physical AI ecosystem

Why India’s trade deal with UK is not just about tariffs – the benefits extend beyond that

NIA court reserves order on Baramulla MP Rashid Sheikh’s plea to attend Parliament in custody | India News

Alibaba’s core profit plunges even as AI and cloud growth accelerate

Cabinet okays Rs 37,500 crore coal gasification scheme to boost syngas production

Narco-terror crackdown: NIA arrests Hizb-ul-Mujahideen mastermind Iqbal Singh after extradition from Portugal | India News

Why Stellantis’ China play points to a wider industry gamble

Rupee at 95.74: INR hits all-time low as oil prices pressure economy

China’s Tencent sees boost from gaming, AI demand despite revenue miss

Bengal CM Suvendu Adhikari retains Bhabanipur, the seat where he defeated Mamata, over Nandigram | India News

Maruti Suzuki uses railways to move three million vehicles: Reasons explained

India Retail Inflation: West Asia war not hurting India inflation yet, says SBI; flags fuel and crop risks ahead

‘Situation isn’t as dire’: Is India’s forex reserves cover enough to defend rupee? Why economists are confident

Latest News

Stocks making the biggest moves premarket: UNH, TSM, GE, JBHT

Catching up in the AI race? India gets its second AI unicorn in a month

‘We’ll go to Delhi and raise our voice’: Omar Abdullah vows to press for J&K statehood demand | India News

Nvidia reveals new AI model and expands Japan’s physical AI ecosystem

Why India’s trade deal with UK is not just about tariffs – the benefits extend beyond that

NIA court reserves order on Baramulla MP Rashid Sheikh’s plea to attend Parliament in custody | India News

‘We’ll go to Delhi and raise our voice’: Omar Abdullah vows to press for J&K statehood demand | India News

Nvidia reveals new AI model and expands Japan’s physical AI ecosystem

Why India’s trade deal with UK is not just about tariffs – the benefits extend beyond that

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Stocks making the biggest moves premarket: UNH, TSM, GE, JBHT

Catching up in the AI race? India gets its second AI unicorn in a month

‘We’ll go to Delhi and raise our voice’: Omar Abdullah vows to press for J&K statehood demand | India News

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