Business -

IndiGo swings to Rs 2,537 crore Q4 loss as rupee depreciation, disruptions weigh on earnings

TazaPulseMay 29, 2026

India’s largest airline IndiGo reported a consolidated net loss of Rs 2,536.9 crore for the March quarter compared with a profit of Rs 3,067.5 crore a year earlier, as sharp rupee depreciation and a challenging operating environment weighed on its performance, PTI reported.The airline’s total income rose more than 3 per cent to Rs 23,830.7...

US stock markets today (May 30, 2026): S&P 500, Nasdaq extend record run as Dell jumps 33% on AI demand

TazaPulseMay 29, 2026

US stocks opened higher on Friday, extending their record-setting rally as strong earnings and growing optimism around artificial intelligence outweighed concerns about inflation and the economic impact of the conflict involving Iran.The S&P 500 rose 0.4 per cent in morning trade, building on six consecutive gains and putting the benchmark index on track for a...

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Replimune to resubmit melanoma drug after FDA’s Makary leaves

TazaPulseMay 29, 2026

Thomas Fuller | Lightrocket | Getty Images Replimune plans to resubmit its melanoma drug to the Food and Drug Administration for review after a leadership exodus at the agency, the company said Friday. The FDA twice rejected Replimune’s melanoma treatment under the previous FDA leadership, including former Commissioner Marty Makary, who stepped down earlier this...

Forex reserves fall $7.5 billion to $681.4 billion as gold, foreign currency assets decline

TazaPulseMay 29, 2026

India’s foreign exchange reserves fell by $7.511 billion to $681.384 billion in the week ended May 22, extending their decline for a second consecutive week, according to data released by the Reserve Bank of India (RBI) on Friday, reported PTI. The reserves had dropped by $8.094 billion in the previous reporting week to $688.894 billion....

Asian grocery brands are evolving beyond the ‘ethnic aisle’

TazaPulseMay 29, 2026

When Candice Choi launched her Korean seaweed snack brand, Geem, in 2023, she thought the company would be strictly direct-to-consumer, with its marketing strategy relying primarily on TikTok. But within three months, the seaweed snacks were on the shelves of grocery stores, including some Whole Foods locations, where Geem chips sit next to kale chips...

Subsidy bill set to spike due to fertliser payouts, cooking gas payouts

TazaPulseMay 29, 2026

NEW DELHI: The Centre is staring at a massive surge in its subsidy bill during the current fiscal year as fertiliser payouts may reach Rs 3.8 lakh crore – more than twice the budgeted level – against govt’s total budgeted subsidy bill of Rs 4.1 lakh crore for 2026-27.For cooking gas too, the budgeted subsidy...

Review of RBI Act, currency swap with BRICS part of FY27 agenda

TazaPulseMay 29, 2026

Mumbai: Reserve Bank of India has set for itself a packed agenda for 2026-27 with a review of the RBI Act and major technology upgrades, including the rollout of the next-generation core banking system e-Kuber 3.0, development of an alternate payment system, and creation of a unified enterprise platform. It also plans to build an...

We are evaluating strategic pathways for Jio: Ambani

TazaPulseMay 29, 2026

Reliance Industries is taking “deliberate steps” to strengthen its digital unit, chairman Mukesh Ambani said in a note to shareholders, without sharing any updates on the planned listing of Jio Platforms that is expected to fetch as much as $4 billion.“We will continue to evaluate strategic pathways that can broaden stakeholder participation and support Jio’s...

US-Iran conflict: India to shrug off adverse impact? RBI confident of domestic resilience – key takeaways

TazaPulseMay 29, 2026

Growth was primarily supported by robust private consumption and sustained investment activity. Amid the Middle East crisis and the US-Iran conflict, the Indian economy is in focus for the possible fallout from the war and rising global crude oil prices that is now hitting the external sector’s resilience. However, striking a positive note, the Reserve...

Gold, Silver Rate Today Live Updates: MCX Gold, MCX Silver prices drop; International gold prices move up as all eyes on US-Iran peace deal

TazaPulseMay 29, 2026

Gold ended the session higher as easing US Treasury yields and renewed hopes of a potential US-Iran agreement supported bullion, although the market remained highly volatile amid fresh military escalations in the Middle East. Earlier in the session, gold was under pressure after renewed clashes between Washington and Tehran reignited fears of energy-driven inflation. Iran’s...

Rupee gains 10 paise as softer crude, firm equities lift sentiment

Centre eases BIS quality compliance with new risk-based framework for manufacturers

Gulmarg’s gondola ride resumes after a month | India News

Chicago Fed President Goolsbee says inflation is too high, calls Warsh ‘a serious guy’

Democrats probe Trump’s troubled $16 million reflecting pool renovation

SK Hynix overtakes Samsung: How a 14-year AI chip bet made it South Korea’s most valuable listed company

Business

IndiGo swings to Rs 2,537 crore Q4 loss as rupee depreciation, disruptions weigh on earnings

US stock markets today (May 30, 2026): S&P 500, Nasdaq extend record run as Dell jumps 33% on AI demand

Replimune to resubmit melanoma drug after FDA’s Makary leaves

Forex reserves fall $7.5 billion to $681.4 billion as gold, foreign currency assets decline

Asian grocery brands are evolving beyond the ‘ethnic aisle’

Subsidy bill set to spike due to fertliser payouts, cooking gas payouts

Review of RBI Act, currency swap with BRICS part of FY27 agenda

We are evaluating strategic pathways for Jio: Ambani

US-Iran conflict: India to shrug off adverse impact? RBI confident of domestic resilience – key takeaways

Gold, Silver Rate Today Live Updates: MCX Gold, MCX Silver prices drop; International gold prices move up as all eyes on US-Iran peace deal

Latest News

Rupee gains 10 paise as softer crude, firm equities lift sentiment

Centre eases BIS quality compliance with new risk-based framework for manufacturers

Gulmarg’s gondola ride resumes after a month | India News

Chicago Fed President Goolsbee says inflation is too high, calls Warsh ‘a serious guy’

Democrats probe Trump’s troubled $16 million reflecting pool renovation

SK Hynix overtakes Samsung: How a 14-year AI chip bet made it South Korea’s most valuable listed company

Gulmarg’s gondola ride resumes after a month | India News

Chicago Fed President Goolsbee says inflation is too high, calls Warsh ‘a serious guy’

Democrats probe Trump’s troubled $16 million reflecting pool renovation

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Rupee gains 10 paise as softer crude, firm equities lift sentiment

Centre eases BIS quality compliance with new risk-based framework for manufacturers

Gulmarg’s gondola ride resumes after a month | India News

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