Business -

indias forex reserves sufficient to meet 11 months of imports 96 of external debt outstanding rbi governor

Bank stocks rally as RBI pushes for forex assets

TazaPulseJune 10, 2026

MUMBAI: Bank stocks surged across the board on Tuesday following RBI’s operational guidelines for a special foreign currency non-resident (bank) or FCNR(B), swap window, with public sector lenders leading the rally. Bank of Baroda rose 5.7%, Canara Bank 4.3%, and Punjab National Bank 3.7%, while Bankex, BSE’s index for the sector, climbed 2.2% against a...

Need to register gig workers by June 21, government tells platforms

TazaPulseJune 10, 2026

NEW DELHI: Government has ordered all digital platform aggregators, including Swiggy, Zomato, Uber, Blinkit, Ola, Rapido and Zepto, to upload details of their gig workers and complete their integration with the eShram portal by June 21, a move precursor to ensuring social security benefits.The directive follows rules formulated under the Code on Social Security last...

Business

Profitability a concern as Zepto lines up IPO

TazaPulseJune 10, 2026

BENGALURU: Quick commerce platform Zepto is pitching a high-volume model to public market investors as it prepares for its IPO, arguing that scale, density and advertising will eventually drive profitability.The company’s updated draft red herring prospectus (DRHP) shows a business growing rapidly on orders but still trailing market leader Blinkit on profitability.Zepto processed 210 million...

ITR filing FY 2025-26: What documents are required to file your income tax return? Quick checklist

TazaPulseJune 10, 2026

Missing a single document can lead to reporting errors, which in turn can result in income tax notices or even delayed refunds. (AI image) ITR filing AY 2026-27: Before you open the tax filing portal to file your income tax return, it’s important to keep all the necessary documents handy. Having all the requisite documents...

Gold price prediction today: Will gold, silver prices continue to be under pressure? Check June 10, 2026 outlook

TazaPulseJune 10, 2026

The primary event for gold this week is the US CPI inflation report. (AI image) Gold price prediction today: The outlook for gold and silver prices remains cautious due to ongoing geopolitical pressures, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold came under heavy pressure last week after...

Stock Market Live Updates Today: BSE Sensex opens almost 300 points up, Nifty50 above 23,300 despite crude oil price rise on fresh US-Iran tensions

TazaPulseJune 10, 2026

“Indian equity markets are expected to open on a cautious negative note, with Gift Nifty trading at 23250, down by 100 points, as Asia-Pacific markets traded lower following weakness in US technology stocks and escalating geopolitical tensions after U.S. strikes on Iran after an Apache helicopter incidentIn the previous session, the Nifty 50 rebounded by...

Gold, Silver Rate Today Live Updates: Gold, silver prices drop over 1% as fresh US-Iran tensions send crude oil prices up

TazaPulseJune 10, 2026

Gold prices bounced back on Tuesday, rising by Rs 1,500 to move above the Rs 1.60 lakh per 10 grams level in the national capital, supported by a softer US dollar and improved sentiment in the bullion market. According to local traders, gold of 99.9% purity advanced to Rs 1,60,300 per 10 grams, inclusive of...

Ather to consider fresh fund raise at June 12 board meet

TazaPulseJune 10, 2026

BENGALURU: Electric two-wheeler maker Ather Energy said its board will meet on June 12 to consider raising fresh capital as the company gears up for its next phase of growth. The company said it may raise funds through equity shares, foreign currency convertible bonds, NCDs, warrants or other convertible securities. The fundraising could be undertaken...

aviation minister naidu hails partial atf price hike says measure will shield passengers from sharp uptick in fare airlines react

Air fares may go up as oil marketing companies hike ATF prices by 10%

TazaPulseJune 10, 2026

NEW DELHI: Flying is set to get more expensive, with oil marketing companies Tuesday increasing aviation turbine fuel (ATF) prices by 10% under the new price-stabilisation regime. ATF prices will remain frozen at this level for three years under the new regime. Jet fuel for domestic carriers will now cost Rs 115 per litre, up...

Government raises Rs 20,000cr via disinvestment, asset sale

TazaPulseJune 10, 2026

NEW DELHI: Over two months into the financial year, the Centre has raked in around Rs 20,000 crore from disinvestment and asset sales, pushing ahead with its strategy to raise resources through non-tax revenue route in face of the mounting subsidy bill due to the West Asia conflict. The funds raised so far are around...