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Air transport down 14% in April: ISP data

TazaPulseJuly 15, 2026

NEW DELHI: Output in the air transport sector contracted nearly 14% in April, NSO’s maiden index of services production (ISP) data released Tuesday show – in what could be a reflection of the impact of high fare costs imposed due to increased fuel prices because of the ongoing conflict in West Asia. In contrast, the...

India Forced Labour Imports: India moves to block imports linked to forced labour amid USTR probe

TazaPulseJuly 15, 2026

India: The import of goods produced or manufactured, wholly or in part, through the use of forced labour is prohibited. (AI image) NEW DELHI: Amid US Trade Representative’s Section 301 probe on failure of 60 countries, including India, to check imports using forced labour, govt has decided to insert a new clause seeking to block...

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Travel to host cities rises

TazaPulseJuly 15, 2026

The World Cup’s biggest economic boost is arriving later than expected as the tournament enters its final days. But for the U.S. businesses hoping for a soccer boom, it’s better late than never. This week’s semifinals pit France against Spain in Dallas on Tuesday and England versus Argentina in Atlanta on Wednesday. Travel bookings have...

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Paramount plans to close WBD merger by September despite lawsuit

TazaPulseJuly 15, 2026

Paramount Skydance is still aiming to close its proposed acquisition of Warner Bros. Discovery by the end of September despite a recent lawsuit filed by state attorneys general challenging the deal, Paramount’s lead trial counsel Jeffrey Kessler told CNBC’s David Faber in an interview on Tuesday. On Monday, a group of state attorneys general led...

Goldman Sachs and JPMorgan Chase are emerging as AI winners

TazaPulseJuly 15, 2026

Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon and Goldman Sachs Chairman and CEO David Solomon. Angela Weiss | AFP | Getty Images American megabanks on Tuesday gave evidence that the global artificial intelligence boom isn’t just benefiting tech giants and chip makers. Goldman Sachs and JPMorgan Chase each posted record quarterly revenue...

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T. rex sells for $50M, most expensive dinosaur fossil in auction

TazaPulseJuly 15, 2026

“Gus”, a mounted Tyrannosaurus Rex skeleton, one of the largest T. rex ever found, is pictured during a press preview at the Sotheby’s Breuer building in New York, on July 1, 2026. Timothy A. Clary | Afp | Getty Images A Tyrannosaurus rex specimen sold at Sotheby’s for $50.1 million, becoming the most expensive dinosaur...

US stocks today: Wall Street trades in green; stocks steady as US inflation data better than expected

TazaPulseJuly 14, 2026

US stock market today (AI image) US stocks today: Wall Street traded on a more stable note on Tuesday after a US inflation report came in better than economists had anticipated, helping calm investor sentiment despite a continued surge in oil prices amid fears that the United States and Iran could slide back into a...

Why is IBM stock crashing today? Shares plunge over 25% – here’s what’s driving the fall

TazaPulseJuly 14, 2026

IBM forecast adjusted earnings per share of $2.93 for the quarter, below the analysts’ consensus estimate of $3.02. (AP photo) IBM stock price crash: IBM shares tumbled on Tuesday after the company indicated that its second-quarter revenue would likely fall short of Wall Street expectations. Based on preliminary results, IBM projected quarterly revenue of $17.2...

Govt releases first services production index; 14 of 19 sub-sectors post double-digit growth

TazaPulseJuly 14, 2026

First services production index shows double-digit growth in 14 sub-sectors in April The government on Tuesday released the first trial Index of Services Production (ISP), showing that 14 of the 19 formal services sub-sectors recorded double-digit year-on-year growth in April.The trial index, with 2024-25 as the base year, covers about 60 per cent of India’s...

Trump’s ‘guardian’ fee: How much would a supertanker have to pay to cross Strait of Hormuz?

TazaPulseJuly 14, 2026

Trump, after threatening a renewed US naval blockade, has said that ships will be allowed safe passage via Hormuz for a 20% toll. (AP Photo) Adding to transit cost uncertainty, US President Donald Trump has proposed imposing a 20% reimbursement or toll on cargoes that are transported through the Strait of Hormuz. Traditionally, vessels have...