TazaPulse

Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check

TazaPulseJune 4, 2026

NEW DELHI: In a bid to ensure airfares don’t get completely out of reach for the common citizen and airlines don’t collapse, govt on Wednesday decided to set aside Rs 10,000 crore to cap aviation turbine fuel (ATF) or jet fuel prices and prevent them from sharp surges. This one-time budgetary support will be given...

Flex-fuel vehicles practical solution to reduce crude imports: Hardeep Singh Puri | India News

TazaPulseJune 4, 2026

NEW DELHI: Petroleum minister Hardeep Singh Puri on Wednesday said flex-fuel vehicles offer India a practical way to reduce crude oil imports. He said if even 1% of annual petrol vehicle sales shift to the technology, it would generate demand for four crore litres of ethanol and save Rs 195 crore in foreign exchange each...

Interest in India strong despite volatility: Bank of America chief

TazaPulseJune 4, 2026

MUMBAI: Interest in India remains undiminished despite near-term volatility, according to Vikram Sahu, India CEO and country executive at Bank of America.“Corporate interest remains strong and unchanged in its conviction,” Sahu said, adding that strategic investors continue to take a long-term view of India, drawn by its scale, growth prospects and governance framework.Investor sentiment is...

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Beneath Nvidia AI chips, Chinese PCBs raise security concerns in U.S.

TazaPulseJune 4, 2026

Printed circuit boards sit underneath almost every chip, a necessity in nearly every electronic. They make up a quiet but crucial piece of the booming artificial intelligence market, and represent a growing problem for the U.S., because nearly all AI circuit boards, for Nvidia and others, are made in China. Circuit boards present all sorts...

RBI rejects bids for treasury bills, move signals lower rates

TazaPulseJune 4, 2026

MUMBAI: The RBI rejected all bids for 182-day and 364-day treasury bills while accepting only 91-day bills at auction on Wednesday, signalling its discomfort with rising short-term yields ahead of the monetary policy decision due Friday.The RBI sold 91-day treasury bills at a yield of 5.56%. The central bank typically rejects bids when it finds...

On Indo-China border, model village to come up in Ladakh for nomads | India News

TazaPulseJune 4, 2026

SRINAGAR: Ladakh Lt Governor Vinai Kumar Saxena Wednesday laid the foundation stone for the first model border village at Chumur, located at an altitude of 16,700 feet along the India-China border.Officials said the first-of-its-kind project in the region will focus on infrastructure development, employment and livelihood generation, all-weather connectivity and greater civilian-defence integration. The initiative...

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Stocks making the biggest moves after hours: AVGO, CRWD, PVH

TazaPulseJune 4, 2026

Check out the companies making headlines after the bell : Broadcom — Shares fell 5% after the chipmaker reported fiscal second-quarter revenue of $22.19 billion, coming in below the $22.27 billion analysts polled by LSEG had expected. This marked Broadcom’s first revenue miss since December 2024. The company’s $7.18 billion infrastructure revenue also missed the...

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CrowdStrike (CRWD) Q1 2027 earnings

TazaPulseJune 4, 2026

CrowdStrike narrowly beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday, but shares slid 10% following the report. Here’s how the company did versus LSEG estimates: Earnings per share: $1.10 adjusted vs. $1.07 expected Revenue: $1.39 billion vs. $1.36 billion estimate The cybersecurity company said revenue grew 26% from a year ago. Net...

Sebi bans Rajesh Exports’ CMD for fin irregularities

TazaPulseJune 4, 2026

MUMBAI: Markets regulator Sebi on Wednesday banned Rajesh Mehta, CMD of Rajesh Exports from dealing in the shares of the company till further orders. In its interim order, Sebi also directed Rajesh Exports to cooperate with the regulator’s investigating officer and forensic auditors to look into the books of the company.Sebi’s initial investigations showed that...

Speculation mounts over TMC’s MPs, its heft in INDIA bloc | India News

TazaPulseJune 4, 2026

NEW DELHI: As TMC faces its biggest crisis in West Bengal, there is growing speculation over the future of its contingent of MPs in Lok Sabha and Rajya Sabha, the impact developments in Bengal will have on the heft of the second largest opposition party within INDIA bloc and its overall ramifications on Opposition’s capacity...