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indias first undersea tunnel for any rail corridor

Making waves underground: India’s first undersea rail tunnel takes shape

TazaPulseJuly 18, 2026

India’s first undersea rail tunnel has moved a step closer to reality, with a giant Tunnel Boring Machine (TBM) beginning its journey beneath Thane Creek on Saturday for the Mumbai–Ahmedabad Bullet Train Project. The launch of the second machine marks the start of excavation on the 7-km undersea stretch, the first of its kind for...

Fifa World Cup Productivity Loss: Fans 1, Productivity 0: How 2026 FIFA World Cup could trigger $17 billion productivity loss worldwide

TazaPulseJuly 18, 2026

Representative image (Picture credit: Reuters) The FIFA World Cup may be the biggest sporting spectacle on the planet, but for employers it could also become one of the biggest workplace disruptions of the year.A survey by workforce management firm UKG had estimated that the 2026 FIFA World Cup could result in at least $17 billion...

India’s power sector set for strong FY27 growth on rising demand, capacity additions: Report

TazaPulseJuly 18, 2026

India’s power sector is expected to stay charged through FY27 as surging electricity demand, record peak power consumption and continued capacity additions fuel growth, a report by 360 ONE Capital said.The brokerage said that electricity consumption is expected to remain resilient as industrial and commercial activity gathers pace, creating favourable conditions for power utilities. Companies...

Pakistan to revise fuel prices daily; current account slips into $139 million FY26 deficit

TazaPulseJuly 18, 2026

Middle East has slipped into another round of conflict and the ripple effects are already reaching Pakistan’s fuel consumers. Pakistan will now revise petroleum prices every day instead of once a week, allowing the government to react to the volatile global oil prices driven by the ongoing tensions between US and Iran. The announcement came...

Idbi Bank Q1Fy27: IDBI Bank Q1FY27 net profit rises 3.3% to Rs 2007 crore

TazaPulseJuly 18, 2026

MUMBAI: IDBI Bank reported a standalone net profit of Rs 2,007.36 crore for the quarter ended June 30, 2026, up 3.3% from Rs 1,943.17 crore a year earlier, supported by lower provisions despite weaker operating profit. On a consolidated basis, net profit rose 6.9% to Rs 2,127.14 crore from Rs 1,987.44 crore a year ago.Net...

Punjab National Bank Q1Fy27 Net Profit: Punjab National Bank Q1FY27 net profit up 213% to Rs 5253 crore

TazaPulseJuly 18, 2026

MUMBAI: Punjab National Bank reported a standalone net profit of Rs 5,253 crore for the quarter ended June 30, 2026, up 213.6% from Rs 1,675 crore a year earlier, aided by a sharp decline in tax outgo despite lower non-interest income. The bank reported a consolidated net profit of Rs 5,921 crore, up 228.4% from...

RBI may look through price worries, high credit growth

TazaPulseJuly 18, 2026

MUMBAI: RBI governor Sanjay Malhotra has hinted that the central bank may not react to the current bout of inflation and spurt in credit growth. Malhotra struck a notably composed tone, describing price pressures as contained even if “currently a bit elevated”, and attributed the uptick largely to supply-side disturbances.“Inflation is also under control although...

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Pin code wars: Quick commerce cos add 900 dark stores in 3 months

TazaPulseJuly 18, 2026

Representative photo (IANS image) BENGALURU: The quick commerce race is no longer mainly about reaching new neighbourhoods. It is becoming a fight over the same pin codes. India’s five largest operators added close to 900 dark stores between April and July this year, with Blinkit, Flipkart Minutes and Amazon Now leading the expansion, according to...

Textile sector to sew loose ends as FTAs kick in

TazaPulseJuly 18, 2026

CHENNAI: With a slate of crucial free trade agreements (FTAs) operationalised, the textile industry is upbeat on export opportunities. The UK deal, which kicked in on Wednesday, eliminates tariffs of up to 12% and brings parity with key competitors like Bangladesh and Vietnam. While companies of all sizes are actively negotiating orders, concerns remain that...

RIL Q1 profit plunges 25% to 23,000 crore, revenue up 25%

TazaPulseJuly 18, 2026

MUMBAI: Reliance Industries, India’s most valuable company by market capitalisation, reported a 25% fall in quarterly profit to Rs 23,196 crore on Friday, beating analysts’ average estimate of Rs 18,550 crore. The decline was mainly due to a one-off gain of Rs 8,924 crore from a stake sale in Asian Paints in the year-earlier quarter.Revenue...

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Business

Making waves underground: India’s first undersea rail tunnel takes shape

Fifa World Cup Productivity Loss: Fans 1, Productivity 0: How 2026 FIFA World Cup could trigger $17 billion productivity loss worldwide

India’s power sector set for strong FY27 growth on rising demand, capacity additions: Report

Pakistan to revise fuel prices daily; current account slips into $139 million FY26 deficit

Idbi Bank Q1Fy27: IDBI Bank Q1FY27 net profit rises 3.3% to Rs 2007 crore

Punjab National Bank Q1Fy27 Net Profit: Punjab National Bank Q1FY27 net profit up 213% to Rs 5253 crore

RBI may look through price worries, high credit growth

Pin code wars: Quick commerce cos add 900 dark stores in 3 months

Textile sector to sew loose ends as FTAs kick in

RIL Q1 profit plunges 25% to 23,000 crore, revenue up 25%

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AI sell-off shows why diversification matters

After Jio’s listing, Reliance Industries could topple Tata as India’s most valuable group

Can’t browbeat us, says Supreme Court, seeks replies from CEC, ECs on opposition plea | India News

Anthropic taps METR and SecureBio to help assess risks and safety

‘If Ken Paxton loses’ Texas Senate, blame Cornyn, Karl Rove

Stocks making the biggest moves after hours: IBKR, JBHT, AA

Can’t browbeat us, says Supreme Court, seeks replies from CEC, ECs on opposition plea | India News

Anthropic taps METR and SecureBio to help assess risks and safety

‘If Ken Paxton loses’ Texas Senate, blame Cornyn, Karl Rove

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AI sell-off shows why diversification matters

After Jio’s listing, Reliance Industries could topple Tata as India’s most valuable group

Can’t browbeat us, says Supreme Court, seeks replies from CEC, ECs on opposition plea | India News

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