Business -

Business

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

108281127 1774035688886 gettyimages 2264938951 20090101260308 99 764851

AI is crushing startup valuations for pre-ChatGPT firms

TazaPulseJune 1, 2026

Matthias Balk | Picture Alliance | Getty Images Five years ago, venture capitalists were pouring money into American startups selling everything from lingerie subscriptions to scheduling software, anointing them with billion-dollar valuations before most even turned a profit. It was a frothy era for startups, fueled by a combination of cheap money and pandemic-boosted demand....

108310779 17793864321779386428 46087281874 1080pnbcnews

Q1 2026 retail earnings fueled by tax refunds and BNPL

TazaPulseJune 1, 2026

Shoppers enter and exit a Dior luxury boutique in Venice, Italy, on Nov. 16, 2025. Michael Nguyen/NurPhoto via Getty Images The retail industry emerged from a choppy first quarter relatively unscathed, but higher than usual tax refunds and an uptick in buy now, pay later use likely helped to buoy spending. As Wall Street looks...

Trump once slammed Biden for touching US oil reserves, now he’s draining it: Report

TazaPulseJune 1, 2026

America is digging deeper into its emergency oil reserves as the fallout from the war with Iran continues to squeeze global energy supplies. Since the conflict began, the US Strategic Petroleum Reserve has lost about 50 million barrels, as the Trump administration seeks to offset supply shortages and ease pressure from rising fuel prices. These...

Hormuz crisis fallout: How Indian refiners are adjusting to new crude oil mix to maximise output

TazaPulseJune 1, 2026

Indian oil refiners are modifying operations to handle a wider range of complex crude grades. (AI image) The Middle East conflict has complicated the refining calculations for Indian refiners – not just in terms of the amount of crude oil that is available, but also for the kind of crude that is available. Indian oil...

Gross GST revenues rise 3.2% to over Rs 1.94 lakh crore in May

TazaPulseJune 1, 2026

Gross Goods and Services Tax (GST) collections rose 3.2% year-on-year to over Rs 1.94 lakh crore in May, reported PTI.The collections moderated from a record Rs 2.42 lakh crore in April but remained higher than the Rs 1.88 lakh crore collected in May last year. Net GST revenue increased 3.3% to Rs 1.67 lakh crore...

Stocks to buy: What’s the outlook for Nifty for June 1-June 5 week? Check list of top stock recommendations

TazaPulseJune 1, 2026

Top stocks to buy (AI image) Stock market recommendations: Nuvama Wealth Management Ltd, and R R Kabel Ltd have been picked as the top stocks to buy in the June 1-June 5, 2026 week by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities:Nuvama Wealth Management LtdNUVAMA has staged an impressive recovery after taking...

Oman FTA benefits kick in from today

TazaPulseJune 1, 2026

NEW DELHI: The finance ministry on Sunday issued notification on duty concessions on Omani goods under trade pact with India, which will come into effect from June 1.The India-Oman Comprehensive Economic Partnership Agreement (CEPA) was signed in Dec last year. “Provided that the (duty) exemption shall be available only if the importer proves to the...

Oil prices today: Crude jumps over 2% after Israel intensifies attacks in Lebanon despite ceasefire

TazaPulseJune 1, 2026

Oil prices rose more than 2% in early trading on Monday after Israel ordered additional troop deployments into southern Lebanon, escalating tensions with the Iran-backed Hezbollah group despite a ceasefire announced more than six weeks ago.US crude futures (WTI) climbed by 2.71% to $89.73 a barrel, while Brent crude futures gained 2.37% to $93.28 a...

India Inc elevates more she-suite execs into million-dollar club

TazaPulseJune 1, 2026

NEW DELHI: Domestic companies have outpaced MNCs in rewarding women leaders at the top with more female C-suite executives entering the million-dollar compensation league as India Inc sharpens its focus on diversity and professional talent.Nine women leaders are now part of the elite club of CXOs earning over a million dollars, up from seven two...

fpis take out nearly 33k cr from indian equities in may

FPIs take out nearly Rs 33k cr from Indian equities in May

TazaPulseJune 1, 2026

NEW DELHI: Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 32,963 crore in May. Besides FPIs, analysts expect developments around the West Asia war, crude oil prices, and the RBI’s interest rate decision to determine the equity-market trend in the event-heavy week ahead.In 2026 so far, the total outflow by foreign...