Business -

India Services Pmi: India’s services PMI hits over 4.5-year low as demand, new orders lose momentum

TazaPulseAugust 5, 2026

The survey showed that new business inflows expanded at the slowest pace since February 2022 (representative image) India’s services sector growth slowed to its weakest pace in more than four-and-a-half years in July as softer domestic and export demand, intense competition and weaker customer enquiries weighed on business activity, according to the latest HSBC India...

‘Someone has to pay the cost’: RBI governor on MDR proposal for UPI transactions above Rs 2,000

TazaPulseAugust 5, 2026

UPI: Government is also expected to prescribe an upper limit on the maximum MDR that can be charged. Will you have to pay for UPI payments going ahead? The government is expected to permit the levy of a Merchant Discount Rate (MDR) of 0.25% to 0.4% on UPI transactions above Rs 2,000 made to businesses,...

Gold price prediction today: Is the worst over for gold? Check August 5, 2026 outlook

TazaPulseAugust 5, 2026

Gold appears to be transitioning from a sharp correction into a consolidation phase. Gold price prediction today: Recent gold price trends suggest that the worst of the downside may be behind us, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.After a volatile July, gold finally showed signs of...

Govt ups LIC offer size, OFS India’s biggest

TazaPulseAugust 5, 2026

MUMBAI: Govt on Tuesday opted to sell an additional 4% in LIC in the ongoing offer for sale (OFS) for the life insurance major as the issue was subscribed 3.3 times on the opening day. Including the green shoe option that takes the total offer size to 82.2 crore shares, govt is expected to mop...

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Disney (DIS) earnings Q3 2026

TazaPulseAugust 5, 2026

Merchandise is displayed on a shelf at the Times Square Disney store on May 6, 2026 in New York City. Michael M. Santiago | Getty Images Disney reports quarterly earnings before the bell on Wednesday, and investors will be focused on the direction of the company’s streaming and theme parks business — as well as...

Stock Market Today Live Updates: BSE Sensex, NSE Nifty50 eye RBI MPC decision after ending four-day winning streak

TazaPulseAugust 5, 2026

Stock Market Today: Analysts say recent swings reflect technical adjustments, not weakening market fundamentals Market experts attributed the recent volatility primarily to the introduction of the Closing Auction Session rather than any deterioration in the broader economic outlook. According to Hariselvan Radhakrishnan, Founder and CEO of HST Wealth, benchmark indices experienced a phase of recalibration...

Nykaa posts over 3x profit in Q1 on strong beauty biz

TazaPulseAugust 5, 2026

People walk past a store of Nykaa, an Indian beauty products retailer, at a mall in New Delhi BENGALURU: Beauty and fashion retailer Nykaa will acquire a 51% stake in premium skincare brand Aminu for up to Rs 32 crore. Meanwhile, its consolidated net profit more than tripled in the June quarter on the back...

Tax bill aims to woo global investors

TazaPulseAugust 5, 2026

Centre introduces Taxation and Other Laws (Amendment) Bill in Lok Sabha, proposes fresh tax exemptions, investment-friendly reforms NEW DELHI: FM Nirmala Sitharaman on Tuesday moved the Taxational and Other Laws (Amendment) Bill, proposing fresh steps to woo overseas investors and fund managers into the country, while offering predictability to electronics goods makers and component suppliers.The...

MDR to help fintechs recover costs, boost their IPO hopes

TazaPulseAugust 5, 2026

MUMBAI: India’s payment industry has long been calling for higher subsidies or a controlled introduction of merchant discount rate (MDR) to recover transaction costs. The decision to allow MDR or higher value business payments will help to turn many business models sustainable and thereby increase competition in an industry that is currently a near duopoly...

fuel ministry dismisses adulteration claims

‘Over 2000 samples tested’: Oil ministry dismisses fuel adulteration claims, says only 2 cases detected

TazaPulseAugust 5, 2026

The govt assured strict action in case any contamination or adulteration is found The Ministry of Petroleum and Natural Gas on Tuesday said additional checks have been introduced to detect fuel contamination and adulteration, dismissing reports of fuel-quality issues.“Fuel quality is monitored on a regular basis by Oil Marketing Companies,” the ministry said, adding that...