Business -

India’s forex reserves tumble nearly $10 billion as gold holdings see sharp drop

TazaPulseJune 19, 2026

India’s foreign exchange reserves recorded their steepest weekly decline in months, falling by $9.985 billion to $671.625 billion in the week ended June 12, mainly due to a sharp drop in gold reserves, according to RBI data released on Friday.The country’s forex reserves had declined by $711 million in the previous reporting week to $681.610...

Pvt sector banks see drop in accuracy of data reporting

TazaPulseJune 19, 2026

Private sector banks led a broad-based deterioration in data reporting quality in the March 2026 quarter, as the latest round of the Supervisory Data Quality Index (sDQI) showed a marked decline in their scores compared with the previous quarter.The sDQI, a quarterly metric compiled by the Reserve Bank of India, tracks the quality of regulatory...

108324221 1781812251789 Screenshot 2026 06 18 at 34750 PM

Bob Iger on Shanghai Disneyland as it defies the Chinese pullback

TazaPulseJune 19, 2026

Spend a day at Shanghai Disneyland and you wouldn’t know Chinese consumers are struggling. Wang Jiandong and his girlfriend Yan Xu said they have been skipping meals out and scrimping on day-to-day necessities so they could afford to enjoy the park. “We save in our daily lives so we can spend more on trips,” Wang...

Infosys, TCS & other Indian IT stocks crash! How Accenture’s warning has led to big sell-off – what brokerages are saying

TazaPulseJune 19, 2026

The latest sell-off has further deepened the sector’s troubles, taking the Nifty IT index’s decline for calendar year 2026 to 29%. (AI image) Indian IT stocks crashed on Friday as growing disruption fears from artificial intelligence weighed on major stocks such as Tata Consultancy Services (TCS), Infosys, Tech Mahindra, HCLTech. The trigger came from global...

Stock Market Live Updates Today: BSE Sensex crashes over 790 points in opening trade, Nifty50 below 24,000 as IT stocks drag indices down

TazaPulseJune 19, 2026

Stock Market Live Today: Stock market round-up of Thursday’s session “Sensex closed at 77,410.00, gaining 254.40 points (+0.33%). The index opened marginally lower by around 24 points at 77,131.65 and witnessed initial consolidation with mild profit booking, slipping to an intraday low of 76,953.00. However, buying interest emerged from lower levels, helping the index recover...

Gold, Silver Rate Today Live Updates: Gold prices dip, on track for third weekly loss

TazaPulseJune 19, 2026

Gold Rate Today: Outlook for gold Goldman Sachs now expects gold to reach $4,900 an ounce by December, lower than its previous forecast of $5,400, after revising its outlook to reflect the view that the Fed is unlikely to cut rates this year. On the geopolitical front, oil tanker traffic resumed through the Strait of...

Oil prices edge higher after Vance threatens Israel against violating ceasefire

TazaPulseJune 19, 2026

Oil prices turned volatile once again after recent comments from US Vice President JD Vance raised concerns over the stability of the Middle East peace deal. Brent crude was down 0.65% at $79.33 a barrel, after touching $79.85 level. At the same time, WTI crude fell 0.46% to $75.50.The move came after Vance warned Israel...

maharashtra chief minister devendra fadnavis with hesham abdulla qassim al qassim ani

‘India to be among our top 5 markets’, says Hesham Abdulla Al Qassim

TazaPulseJune 19, 2026

Maharashtra Chief Minister Devendra Fadnavis shakes hands with Emirates NBD Vice Chairman and Managing Director, Non-Independent Non-Executive Director, Hesham Abdulla Qassim Al Qassim MUMBAI: Emirates NBD’s Rs 26,015 crore purchase of a 60% stake in RBL Bank marks more than the largest banking cross-border deal; it signals how the India-UAE economic relationship is shifting from...

NBA Europe winning bids to be named in coming months: Mark Tatum

TazaPulseJune 19, 2026

NBA Deputy Commissioner Mark Tatum speaks during the second round of the 2019 NBA Draft at the Barclays Center on June 20, 2019 in the Brooklyn borough of New York City. Sarah Stier | Getty Images The NBA plans to name winning bidders for 12 permanent European teams in the next 60 to 90 days,...

White House clears final reg: flexibility for international students in terms of stay and studies likely to be curbed

TazaPulseJune 18, 2026

To begin with, this means that international students and other visa holders covered by the new policy will have to seek periodical visa extensions and undergo biometrics The Office of Management and Budget (OMB) has cleared a ‘final’ regulation sent to it earlier by the Department of Homeland Security (DHS). This regulation will replace the...