Business -

Trump’s threat makes Dalal Street nervous, Sensex falls 1,700 points

TazaPulseJuly 9, 2026

MUMBAI: Equity benchmark indices slumped over 2% on Wednesday, logging their sharpest single-day fall in over two months, after US President Donald Trump said the interim agreement with Iran was “over”.The statement, following attacks on commercial vessels in the Strait of Hormuz, triggered a 7% surge in crude oil prices to $79.1 per barrel, sparking...

Summer push: Durables eye double-digit growth

TazaPulseJuly 9, 2026

NEW DELHI: A scorching summer has spurred demand for seasonal appliances, putting India’s consumer durables sector on track to post a robust double-digit growth in the first quarter this fiscal year, one of its strongest quarterly performances in recent years. Analysts expect the sector to report over 20% year-on-year revenue growth in the June quarter,...

For startups, there is no easy road to IPO

TazaPulseJuly 9, 2026

MUMBAI: Even as IPO-bound startups are pitching their high growth models to investors to seek higher valuations, the latter are in no rush to buy into their proposals. In fact, investors are increasingly becoming choosy on the valuation front, said bankers, a dampener for startups such as Zepto which had been targeting a valuation of...

Oversight of Trai has hit us: Truecaller

TazaPulseJuly 9, 2026

NEW DELHI: Truecaller on Wednesday said users are blocking four lakh calls originating from 140-series and over 1.2 lakh calls from 1,600-series numbers everyday as it lobbied against whitelisting (verified number system).Since Oct, users have recorded 7.4 crore blocking actions on the two number series, while nearly four out of five calls from them are...

‘Tata Group eyeing $100bn in auto revenue by 2031’

TazaPulseJuly 9, 2026

Tata Sons Chairman N Chandrasekaran MUMBAI: Tata Group has set a target of $100 billion in automotive revenue by FY2031, chairman N Chandrasekaran said Wednesday, laying out an ambitious growth path for the conglomerate’s largest business vertical.The automotive portfolio spans Tata’s two listed vehicle makers-commercial and passenger-alongside its privately-held components unit.Jaguar Land Rover, the group’s...

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Levi Strauss (LEVI) Q2 2026 earnings

TazaPulseJuly 9, 2026

A view of Levi Strauss & Co. headquarters on July 8, 2026 in San Francisco, California. Heather Diehl | Getty Images Levi Strauss beat Wall Street’s quarterly expectations on the top and bottom lines on Wednesday, leading the retailer to increase its guidance and its dividend. The denim maker is now expecting full-year adjusted earnings...

Clean energy share in power mix breached 50% mark on July 6

TazaPulseJuly 9, 2026

NEW DELHI: Giving a push to its ambitious coal and lignite gasification programme, govt Wednesday floated a request for proposal (RFP) inviting companies to set up projects under its Rs 37,500-crore incentive scheme.Launched in May, the scheme aims to support the gasification of 75 million tonnes (MT) of coal and lignite by 2030 to produce...

Trump’s ceasefire ‘over’ remarks & fresh Strait of Hormuz disruptions: What it means for India

TazaPulseJuly 8, 2026

While India’s crude oil situation is relatively well diversified, it is LPG and LNG imports that will need to be watched. (AI image) Crude oil prices are soaring again, back above the $80 per barrel level as fresh tensions between US and Iran makes shipping through the Strait of Hormuz fraught with risks. Vessel movements...

How India’s silver import restrictions have created shortages; white metal trading at significant premium to global prices

TazaPulseJuly 8, 2026

In India, silver is used across a wide range of segments, including jewellery, coins, bars and industrial applications. (AI image) India’s curbs on silver imports have triggered supply shortages in the country’s domestic market, driving premiums to their highest level in six months even as demand remains weaker than usual.As India relies on imports to...

US-Iran war impact: IMF lowers India’s GDP growth forecast marginally; still tags it among fastest growing economies

TazaPulseJuly 8, 2026

India’s growth is supported by strong momentum in private consumption and services activity. (AI image) The International Monetary Fund (IMF) on Wednesday marginally lowered the growth projections for India to 6.4% from 6.5% earlier as part of its World Economic Outlook update for the current year. However, it raised the GDP growth projections for the...