Business -

Zoji La tunnel’s major ‘breakthrough’ milestone! World’s longest bi-directional road tunnel at high altitude an engineering marvel; stunning pics

TazaPulseJune 9, 2026

The project aims to deliver all-weather connectivity through one of the most difficult Himalayan stretches. (Image source MEIL/ANI) Zoji La tunnel, said to be the world’s longest single-tube bi-directional road tunnel at such a high altitude, has achieved a major milestone on Tuesday. The 13.153-km-long Zoji La Tunnel saw breakthrough which marked a landmark moment.The...

Fitch trims India’s growth forecast to 6.4% as Middle East turmoil clouds outlook

TazaPulseJune 9, 2026

This financial year, India’s economic numbers might lose some points to the ongoing Middle East chaos. The conflict has dented consumer spending, as households are feeling the pinch of rising costs.Global analytics firm Fitch Ratings on Tuesday cut its FY27 GDP forecast for the country to 6.4% from 6.7% projected earlier. The ratings agency said...

ITR filing FY 2025-26: What is Form 16 and where do you get it from? Top things salaried taxpayers should know

TazaPulseJune 9, 2026

Let’s understand what is Form 16, what does it tell the taxpayer, and where can employees get it from: (AI image) ITR filing FY 2025-26: The tax returns filing season is here and ahead of the July 31, 2026 deadline, taxpayers are compiling important documents that are needed every year to file the income tax...

Rupee rebounds 20 paise to 95.41 against US dollar

TazaPulseJune 9, 2026

Rupee began Tuesday on a stronger note, rising 20 paise against the US dollar in early trade, supported by a easing oil prices and the US dollar index, after the pause in hostilities between the United States and Iran. According to forex traders, the domestic currency opened on a stronger footing after Israel and Iran...

Government eyes Rs 1,260cr from NLC divestment

TazaPulseJune 9, 2026

MUMBAI: The government would divest up to 3% (nearly 4.2 crore shares) in NLC India (formerly Neyveli Lignite Corp) through offer for sale on June 9 to mobilise at least Rs 1,260 crore. Govt will offer nearly 2.8 crore shares (2% of the company) at a per-share floor price of Rs 303, almost 10% discount...

Commercial LPG shortage impact: IRCTC forced to resume cooking onboard trains; deploys induction stoves

TazaPulseJune 9, 2026

Railway officials said the nationwide catering network requires about 1,000 commercial LPG cylinders every day. (AI image) The Middle East crisis has hit the way Indian Railways prepares its meals for trains. A sharp shortage of commercial LPG cylinders has prompted the Indian Railway Catering and Tourism Corporation (IRCTC) to restart onboard meal preparation in...

Business

Zepto files updated DRHP for $1bn IPO

TazaPulseJune 9, 2026

MUMBAI: Q-comm player Zepto on Monday filed its updated draft IPO papers with markets regulator Sebi, taking it a step closer to its public listing targeted some time in July.The startup is seeking to raise up to Rs 8,010 crore through fresh issue of shares. A bunch of the company’s existing investors including Nexus Venture...

BPCL to shut key Mumbai refinery unit in November for scheduled maintenance: Report

TazaPulseJune 9, 2026

State-run Bharat Petroleum Corporation Ltd (BPCL) will shut a 120,000-barrel-per-day crude unit and some secondary processing units at its Mumbai refinery in November for planned maintenance, news agency Reuters reported citing industry source on Monday.The maintenance shutdown will affect units at BPCL’s 200,000-bpd refinery in Mumbai, one of the company’s key refining facilities in western...

SpaceX IPO this week: From listing date to valuation, 10 things to know before Elon Musk’s firm goes public

TazaPulseJune 9, 2026

SpaceX is preparing for a stock market debut that could become the largest initial public offering in history. The Elon Musk-led company is seeking to raise about $75 billion at a valuation of roughly $1.75 trillion, a figure that would place it among the most valuable publicly traded companies in the world from day one.The...

Airlines find the grass isn’t always greener with new engines

TazaPulseJune 8, 2026

Technicians work on an engine at GE Aerospace’s engine shop in Lafayette, Indiana. Leslie Josephs/CNBC RIO DE JANEIRO — Airplane engine makers have fallen short of what they promised airlines, major carriers’ CEOs say, a problem vexing an industry that has struggled for years with aircraft shortages and more recently, a doubling of fuel prices....