Business -

Rupee gains on cheaper oil, FII buying

TazaPulseJuly 8, 2026

Mumbai: The rupee strengthened by 43 paise to 94.97 against the US dollar, recording its sharpest single-session gain in three weeks, supported by lower crude prices, improved global risk sentiment, and dollar selling in offshore markets.The currency opened at 95.33 and traded in a range of 94.94 to 95.37 during the session, before ending around...

India moves up 2 places in FDI inflow ranking

TazaPulseJuly 8, 2026

New Delhi: India moved up two places to emerge as the 11th biggest recipient of foreign direct investment (FDI in 2025, with inflows jumping 44% to $39 billion. The country is emerging as a preferred destination for investments in electronics, automobiles material and industrial manufacturing, the latest World Investment Report said.The UNCTAD publication also said...

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Netflix, Disney, YouTube prepare to bid

TazaPulseJuly 8, 2026

Folarin Balogun of the United States shoots during the FIFA World Cup 2026 Round Of 16 match between USA and Belgium at Seattle Stadium on July 6, 2026 in Seattle, Washington. Mb Media | Getty Images Sport | Getty Images As the FIFA World Cup captures massive global audiences, media companies are preparing to pay...

El Nino impact: India’s hydropower generation sees steepest drop since Feb 2024; piles pressure on grid

TazaPulseJuly 7, 2026

Electricity generation from hydroelectric projects declined nearly 21%. (AI image) El Nino and the resultant weak monsoon has had an impact on India’s hydropower output, which has dropped by more than 20% in June. The dry weather, which is associated with El Nino, has meant that the water levels in reservoirs have gone down. This...

India strengthens position as investment destination; FDI rises by 44% to $39 billion in 2025

TazaPulseJuly 7, 2026

India continued to consolidate its position as an attractive investment destination in 2025. (AI image) Foreign Direct Investment (FDI) into India rose 44% to $39 billion in 2025, reinforcing the country’s status as a key global investment destination, according to the United Nations.The 2026 World Investment Report, released by the United Nations Trade and Development...

India urges US to reconsider proposed 12.5% tariff over ‘forced labour’ probe under USTR’s Sec 301

TazaPulseJuly 7, 2026

India has urged the United States to reconsider its proposed 12.5% tariff on Indian imports under the USTR’s Section 301 forced labour investigation. India has urged the United States to withdraw its proposal to impose an additional 12.5% tariff on Indian imports under a Section 301 investigation into forced labour-related trade practices, saying the move...

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The biggest hurdle in India’s chip race isn’t the plan—it’s execution

TazaPulseJuly 7, 2026

India has a game plan to become a semiconductor powerhouse, but the real test begins now.According to a recent report by Equirus Securities, the biggest hurdle is not strategy, but execution, with heavy reliance on imported equipment and gaps in the domestic supply chain posing key challenges. The report said India’s semiconductor roadmap draws on...

India’s economy passed the Iran war test. Could El Nino spoil the party?

TazaPulseJuly 7, 2026

It seems to be a decade of stress tests for the Indian economy – Covid pandemic, Russia-Ukraine war, US trade policy uncertainty, and now the Middle East conflict. (AI image) The Indian economy has emerged as a picture of resilience amid the US-Iran conflict, with most economic indicators flashing green as the war shows signs...

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More real estate agents see balance

TazaPulseJuly 7, 2026

An “open house” sign outside a home in Palm Beach Gardens, Florida, Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images A version of this article appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private...

Want a stake in Cochin Shipyard? Centre launches offer for sale at Rs 1,400 per share

TazaPulseJuly 7, 2026

The Centre has put a stake in Cochin Shipyard Limited (CSL) up for sale, announcing an Offer for Sale (OFS) of 2.52% of the company’s paid-up equity. If the issue sees strong demand, the government can sell another 2.52% through a green-shoe option.The floor price for the OFS has been set at Rs 1,400 per...