Business -

PM Modi, Austrian Chancellor Stocker hold talks, sign MoUs to boost trade, tech ties

TazaPulseApril 16, 2026

Prime Minister Narendra Modi met Austrian Chancellor Christian Stocker in New Delhi’s Hyderabad House on Thursday, holding wide-ranging talks as the two sides exchanged MoUs. Stocker is currently on a four-day visit to India, his first since taking office last year. According to the ministry of external affairs, the meeting focused on strengthening bilateral cooperation...

Oil price today: Crude dips to $90 amid hopes of Middle East de escalation

TazaPulseApril 16, 2026

Oil markets relaxed on Thursday, softened by hopes of a possible easing in US-Iran tensions amid ongoing worries about disrupted supplies. Brent crude futures were down 44 cents, or 0.5%, at $94.49 a barrel while West Texas Intermediate crude fell 70 cents, or 0.8%, to $90.59 a barrel. The dip comes amid growing expectations of...

Stock market today (April 16, 2026): Nifty50 opens above 24,350; BSE Sensex up over 400 points on oil prices easing, hopes of US-Iran war ending

TazaPulseApril 16, 2026

Stock market today (AI image) Stock market today: Indian equity benchmarks, Sensex and Nifty50, continued their uptrend on Thursday on positive global cues and hopes of an early end to the US-Iran conflict. While Nifty50 went above 24,350, BSE Sensex rose over 400 points. At 9:16 AM, Nifty50 was at around 24,357.25, up 126 points...

Pine Labs, Groww & more: Top stocks to watch on April 16

TazaPulseApril 16, 2026

Citigroup initiated its coverage of Pine Labs with a buy rating and a target price of Rs 235. Analysts said that India’s payments fintech is on a monetization improvement trajectory, with leading players increasingly entrenched in respective core areas of leadership. While product, services and distribution build-outs into comprehensive plays will continue across the fintech...

Tata Trusts board ‘illegal’, replace it: Mehli Mistry

TazaPulseApril 16, 2026

MUMBAI: Mehli Mistry has accused Tata Trusts leadership of running an “illegal” board by selectively applying rules to secure their own lifetime trusteeships while removing him. He has accused them of counting votes of trustees whose tenures had expired and violating statutory provisions for appointments and terms.Mistry, who was a trustee of Sir Dorabji Tata...

D-Street banks on West Asia peace talks, Sensex rises 1.3k points

TazaPulseApril 16, 2026

MUMBAI: Hopes of peace in West Asia has lifted investor sentiment across the globe. On Wednesday, on Dalal Street, sensex rallied over 1,400 points in early trades and closed 1,264 points (1.6%) higher at 78,111 points as the slide in crude prices to around $95/barrel level acted as the biggest booster for the domestic market.According...

At $442 billion, India’s goods exports hit record high in 2025-26

TazaPulseApril 16, 2026

NEW DELHI: India closed the last fiscal with record goods exports of $441.8 billion, 1% higher than the previous year, despite being weighed down by the West Asia conflict, which took a toll on March exports. Driven by a surge in gold and silver shipments, imports rose 7.5% to $775 billion, resulting in a trade...

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Spirit Airlines could liquidate as early as this week, sources say

TazaPulseApril 16, 2026

Spirit Airlines airplanes taxi on the tarmac at New York’s Laguardia Airport in the Queens borough of New York City, U.S., Nov. 7, 2025. Ryan Murphy | Reuters Spirit Airlines could liquidate as early as this week, according to people familiar with the matter. They spoke on the condition of anonymity to discuss matters that...

India-US trade talks: Indian team to visit Washington from April 20; move follows PM Modi-Trump call

TazaPulseApril 16, 2026

A day after PM Narendra Modi and US President Donald Trump reviewed bilateral ties and key economic engagement, an Indian delegation will travel to Washington from April 20 for trade talks, Additional Secretary Darpan Jain said, PTI reported.The delegation is expected to travel next week, sources told PTI, as both sides work towards resolving pending...

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Goldman Sachs bond traders stumbled as Wall Street rivals thrived

TazaPulseApril 16, 2026

David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC When Goldman Sachs executives were asked about disappointing results in the firm’s fixed income division this week, they made it sound as though the trading environment was simply not...