Business -

South Korea’s Kospi tumbles 6% as SK Hynix slide, AI spending worries trigger chip selloff

TazaPulseJuly 29, 2026

A screen shows the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange in Seoul, South Korea, Wednesday, July 29, 2026. (AP Photo) South Korea’s benchmark Kospi index plunged 6% on Wednesday, dragged down by a sharp selloff in chipmakers after SK Hynix reported quarterly earnings that, despite surging nearly sixfold from a year...

Stock Market Live Updates: BSE Sensex climbs over 800 points; Nifty50 gains 1%

TazaPulseJuly 29, 2026

Stock market today: Sensex slips 70 points, Nifty ends flat Benchmark equity indices Sensex and Nifty ended little changed on Tuesday as investors remained cautious ahead of key global central bank policy meetings this week and amid broad-based weakness across Asian markets. The 30-share BSE Sensex fell 69.86 points (0.09%) to close at 76,765.92. During...

India may soon get plastic notes: Why they are being introduced and what happens to paper money

TazaPulseJuly 29, 2026

The RBI has recently floated a tender to procure material for polymer banknotes. Soon you may be using plastic or polymer currency notes! The government has authorised the Reserve Bank of India (RBI) to print an initial batch of 2 billion polymer banknotes for field trials, the government informed Parliament on Monday.The RBI has recently...

Air India Transformation: ‘Transformation of Air India may take up to a decade’

TazaPulseJuly 29, 2026

NEW DELHI: Air India’s transformation to a world class airline, following its return to founder Tata Group in 2022, could take up to a decade due to serious headwinds the aviation industry and the Maharaja have encountered in recent years.The earlier assessment of giving the airline a facelift in five years under Vihaan programme has...

Paytm Payments Bank: Delhi high court orders winding up of Paytm Payments Bank

TazaPulseJuly 29, 2026

MUMBAI: Delhi high court has ordered the winding up of Paytm Payments Bank, weeks after RBI cancelled its banking licence citing concerns over its operations and management.The court, through orders dated July 8 and July 22, 2026, directed that Paytm Payments Bank be wound up under provisions of the Banking Regulation Act, 1949, read with...

Gold, Silver Rate Today Live Updates: Bullion slips as Fed decision, stronger dollar keep traders cautious

TazaPulseJuly 29, 2026

Gold Rate Today: Analysts point to caution ahead of Fed decision Market experts said investor caution remained the dominant theme in bullion markets. Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, said gold retreated from the previous session’s gains as traders awaited the Federal Reserve’s policy outcome. Analysts believe that even if the central...

Radico Khaitan: Radico Khaitan sees 10% jump in revenue

TazaPulseJuly 29, 2026

BENGALURU: Premium liquor brands continued to fuel growth at Radico Khaitan, with the spirits maker reporting a 76% year-on-year jump in net profit to Rs 230 crore for the June quarter, helped by robust demand for its high-end portfolio and easing input costs.Net profit stood at Rs 131 crore in the year-ago period.Total income rose...

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Shein discloses it’s under investigation by the FTC

TazaPulseJuly 28, 2026

Shein’s U.S. business is under investigation by the Federal Trade Commission, the fast fashion giant revealed in documents connected to its upcoming Hong Kong IPO. In the filing, the Chinese-founded company didn’t say what the FTC is investigating, but the disclosure appears to be the first time the probe was made public. “We are actively...

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Visa is cutting 7% of employees in efficiency push as AI reshapes work

TazaPulseJuly 28, 2026

President of Visa Inc. Ryan McInerney delivers a keynote address at the Transact 15 conference in San Francisco, California April 1, 2015. Noah Berger | Reuters Visa, which runs the world’s largest payments network, plans to cut about 7% of its workforce as CEO Ryan McInerney moves to streamline the company and invest more in...

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UPS (UPS) Q2 2026 earnings

TazaPulseJuly 28, 2026

United Parcel Service on Tuesday posted second-quarter earnings results that beat Wall Street expectations and raised its full-year outlook, but said it expects domestic third-quarter revenue to be flat. Shares of the delivery giant sank 5% in premarket trading. Here’s how the company performed in its second quarter, compared with what Wall Street was expecting,...