Business -

No reform complacency, to ensure macro stability: Shaktikanta Das

TazaPulseMay 12, 2026

NEW DELHI: Govt is steadfast in pursuing reforms along with policy certainty, which will ensure that India not only maintains macroeconomic stability but also emerges as a globally competitive economy, principal secretary to PM Shaktikanta Das said Monday, while listing out seven strategies that the corporate sector may adopt to build resilience.Addressing the CII annual...

Equity MFs see net inflows of ‘38.4k crore, slight fall in April

TazaPulseMay 12, 2026

MUMBAI: Investors continued to invest in equities, debt and gold through the mutual fund route despite volatile markets due to geopolitical tensions. In April, net inflows in equity funds were at Rs 38,440 crore, down marginally from Rs 40,450 crore in March while the corresponding figure in debt funds showed a huge reversal with a...

India must build its own AI models: Sarvam AI

TazaPulseMay 12, 2026

NEW DELHI: India cannot afford to remain a passive consumer in the AI era and must urgently build its own frontier-scale artificial intelligence models if it wants to shape global technology rules, according to Pratyush Kumar, co-founder of Sarvam AI.Speaking at the CII Business Summit, Kumar said Sarvam is now preparing to train its first...

VB-G RAM G Act explained: What changes as Centre replaces MGNREGA with new rural jobs law from July 1 | India News

TazaPulseMay 12, 2026

The Centre on Monday announced that the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, or VB-G RAM G Act, 2025, will come into force across India from July 1, replacing the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) after nearly two decades.The government has pitched the new legislation as a “next-generation...

Amid forex concerns, jewellers’ body asks govt to mobilise idle gold instead of curbing demand

TazaPulseMay 11, 2026

Jewellery industry body All India Jewellers & Goldsmith Federation (AIJGF) on Monday urged the government to focus on domestic gold mobilisation and recycling instead of discouraging gold purchases, warning that any sharp fall in demand could hurt livelihoods linked to the sector, PTI reported.The federation’s comments came a day after Prime Minister Narendra Modi appealed...

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Manhattan luxury real estate sales risedespite pied-à-terre tax

TazaPulseMay 11, 2026

Central Park Tower, center, along Billionaire’s Row in New York, US, on Friday, May 1, 2026. Michael Nagle | Bloomberg | Getty Images High-end real estate sales in Manhattan increased in the past month, according to new data, despite New York Mayor Zohran Mamdani’s proposed pied-à-terre tax that brokers warn could cause a wealth flight....

US stock markets today (May 11, 2026): Wall Street pauses after record rally; oil jumps as US-Iran talks stall

TazaPulseMay 11, 2026

Wall Street’s main indices traded cautiously on Monday after last week’s record-setting rally as renewed concerns over stalled US-Iran peace talks and rising oil prices weighed on investor sentiment, Reuters reported.The Dow Jones Industrial Average was nearly flat in early trade, slipping 3.54 points, or 0.01 per cent, to 49,605.62.The S&P 500 rose 11.38 points,...

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April home sales disappoint as higher mortgage rates weigh on buyers

TazaPulseMay 11, 2026

Sales of previously owned homes in April were essentially flat compared with March, rising just 0.2% to 4.02 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Housing analysts were expecting a gain of more than 3%. April sales were unchanged year-over-year. This count is based on closings, so...

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Gas prices hurt restaurant spending at Domino’s, Applebee’s

TazaPulseMay 11, 2026

A pedestrian walks by a Domino’s in San Francisco, Dec. 9, 2025. Justin Sullivan | Getty Images From Domino’s Pizza to Applebee’s, restaurant chains are reporting that sales softened in March as gas prices spiked. The U.S. war with Iran has led to an average national gas price of more than $4.50 per gallon —...

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At TV upfronts, AI is in and corporate shuffles are reshaping the line-up

TazaPulseMay 11, 2026

Advertisers will be hearing about the slate of live events in the coming year — and how AI is being integrated. Plus, media consolidation reshapes the line-up. Source link