Business -

India exports $140 million worth of goods to UK at zero duty on Day 1 of trade pact implementation

TazaPulseJuly 16, 2026

India exports $140 million worth of goods to UK as FTA takes effect NEW DELHI: India exported goods worth over $140 million to the UK at zero import duty on the first day of the India-UK Comprehensive Economic and Trade Agreement (CETA) coming into force on Wednesday, Commerce Secretary Rajesh Agrawal said.More than 50 export...

SpaceX shares fall below IPO price for first time since market debut, wiping out post-listing gains

TazaPulseJuly 16, 2026

SpaceX shares came below listing price for the 1st time since market debut NEW DELHI: SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, marking a sharp reversal for the Elon Musk-led company after its blockbuster market debut just over a month ago.The stock declined 1.9 per cent...

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Anthropic moves closer to IPO as bankers line up investor meetings

TazaPulseJuly 15, 2026

Dario Amodei, co-founder and CEO of Anthropic, during the company’s Builder Summit in Bengaluru, India, Feb. 16, 2026. Samyukta Lakshmi | Bloomberg | Getty Images Anthropic is lining up meetings with investors ahead of a potential initial public offering later this year, a person with knowledge of the plans told CNBC. Bankers leading the offering...

US issues new non-proliferation sanctions targeting individuals, entities in Iran, Russia

TazaPulseJuly 15, 2026

US issues fresh sanctions again Iranian and Russian entities and individuals The United States on Wednesday imposed fresh non-proliferation sanctions on seven individuals and entities across Iran, Russia, Italy and Nigeria for allegedly supporting weapons procurement on behalf of Iran’s Islamic Revolutionary Guard Corps (IRGC). The action, announced by the US treasury department‘s office of...

JPMorgan Chase on track to become world’s first bank with a $1 trillion valuation

TazaPulseJuly 15, 2026

JPMorgan Chase could become the first bank with $1 trillion valuation JPMorgan Chase could become the world’s first bank to touch the market valuation of $1 trillion.The lender’s shares surged to a record high after it reported the highest quarterly profit ever posted by a US bank, lifting its market capitalisation to around $919 billion....

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Jamie Dimon, JPMorgan Chase announce $24M to boost U.S. shipbuilding

TazaPulseJuly 15, 2026

JPMorgan Chase CEO Jamie Dimon on Wednesday announced a $24 million effort to help revive American shipbuilding, his latest move under the bank’s $1.5 trillion security project aimed at bolstering industries critical to U.S. economic and national security. The figure includes $18 million in loans and $6 million in grants to finance a new submarine...

HDB Financial Services Q1FY26 net profit up 38% at Rs 785 crore

TazaPulseJuly 15, 2026

MUMBAI: HDB Financial Services reported net profit of Rs 785.2 crore for the June 2026 quarter, up 38.3% from Rs 567.7 crore in the year-ago period, driven by steady growth in net interest income and a moderate rise in non-interest income alongside stable credit costs.Net interest income rose to about Rs 2,508.7 crore from Rs...

Investment 101: How to rebalance your portfolio for FY27 – top mistakes to avoid

TazaPulseJuly 15, 2026

A common mistake investors make is replacing mutual funds solely because they underperformed over a short period. (AI image) The author is CEO of PaisabazaarFor many salaried individuals, a new financial year begins with bigger paychecks and bonuses. With higher income, the immediate instinct may be to invest in a new mutual fund scheme, increase...

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Morgan Stanley (MS) earnings Q2 2026

TazaPulseJuly 15, 2026

Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC Morgan Stanley on Wednesday posted record revenue and profit for the second quarter, driven by a 69% surge in equities trading revenue. Here’s what the company reported: Earnings...

semicon 20 varanasi projects rail upgrades amp more all about 7 big decisions cleared by cabinet

Semicon 2.0, Varanasi projects, rail upgrades & more: All about 7 big decisions cleared by Cabinet

TazaPulseJuly 15, 2026

The Union Cabinet on Wednesday approved seven major decisions covering infrastructure, semiconductor manufacturing, mobile phone production, fertiliser and railway projects. The package includes Semicon 2.0, the Mobile Phone Manufacturing Scheme (MPMS) and the National Investment Policy for Urea-2026, with a combined outlay of Rs 2,19,353 crore.The announcements came during a press briefing after the Cabinet...