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Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check

TazaPulseJune 4, 2026

NEW DELHI: In a bid to ensure airfares don’t get completely out of reach for the common citizen and airlines don’t collapse, govt on Wednesday decided to set aside Rs 10,000 crore to cap aviation turbine fuel (ATF) or jet fuel prices and prevent them from sharp surges. This one-time budgetary support will be given...

RBI rejects bids for treasury bills, move signals lower rates

TazaPulseJune 4, 2026

MUMBAI: The RBI rejected all bids for 182-day and 364-day treasury bills while accepting only 91-day bills at auction on Wednesday, signalling its discomfort with rising short-term yields ahead of the monetary policy decision due Friday.The RBI sold 91-day treasury bills at a yield of 5.56%. The central bank typically rejects bids when it finds...

Sebi bans Rajesh Exports’ CMD for fin irregularities

TazaPulseJune 4, 2026

MUMBAI: Markets regulator Sebi on Wednesday banned Rajesh Mehta, CMD of Rajesh Exports from dealing in the shares of the company till further orders. In its interim order, Sebi also directed Rajesh Exports to cooperate with the regulator’s investigating officer and forensic auditors to look into the books of the company.Sebi’s initial investigations showed that...

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Honeywell Aerospace CEO forecasts big growth ahead of standalone debut

TazaPulseJune 4, 2026

SCOTTSDALE, ARIZONA — For Honeywell Aerospace CEO Jim Currier, it’s time to show investors what his company can do as a standalone business. “We have a purpose-built management team just solely focused on one strategy, one mission as opposed to disparate missions of a conglomerate,” Currier told CNBC at his company’s investor day. When it’s...

India’s economy shows resilience amid geopolitical uncertainty, says RBI deputy governor

TazaPulseJune 4, 2026

India’s economy has remained resilient despite geopolitical tensions, supply-chain disruptions and volatile commodity prices, supported by strong industrial and services activity, broad-based demand and improving corporate performance, RBI Deputy Governor Swaminathan J said.In a speech at the School of International and Public Affairs (SIPA), Columbia University, the Deputy Governor said inflation remains within the Reserve...

BHEL secures order worth over Rs 2,000 crore from Nigerian firm

TazaPulseJune 3, 2026

State-owned BHEL on Wednesday said the company has secured an order worth Rs 2,000-2,500 crore from a Nigerian entity. The contract agreement was signed with Nigeria’s Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise on June 2, according to a regulatory filing. The order pertains to design, manufacturing, supply and supervision of erection and commissioning...

Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment

TazaPulseJune 3, 2026

The rupee weakened for a second straight session on Wednesday, falling 40 paise to close at 95.76 against the US dollar amid concerns over proposed US tariffs, rising crude oil prices, persistent foreign fund outflows and escalating geopolitical tensions, PTI reported.Forex traders said investor sentiment came under pressure after the Office of the United States...

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CBS fires Scott Pelley amid turmoil over direction of ’60 Minutes’

TazaPulseJune 3, 2026

CBS News has fired high-profile “60 Minutes” correspondent Scott Pelley amid debate about the direction of the show, which has been a mainstay of the network’s television lineup for decades. “Your employment with CBS News is terminated for cause effective immediately,” Nick Bilton, the new executive producer of “60 Minutes,” wrote to Pelley in a...

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Sellers delisting homes at fastest pace since 2020

TazaPulseJune 3, 2026

Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty Images More frustrated home sellers were giving up, right in the midst of the all-important spring market, according to new data. Nationwide, 5.8% of all home listings were pulled off the market in April, according to Redfin, a...

Dip in foreign investment is part of a self-correcting cycle : Bank of America’s Sahu

TazaPulseJune 3, 2026

Vikram Sahu, India CEO and Country Executive, Bank of America, hosted the bank’s investor conference in India with foreign institutional investor participation rising 20% from the previous year. According to Sahu, despite the short-term challenges interest in India remains undiminished.Q. With the monetary policy committee meeting around the corner what do you expect from the...

Three reasons Goldman’s co-head of global banking and markets says to stay invested

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‘Broken overnight’: How stock market’s new closing auction is making traders jittery

In a first on I-Day this time, ‘Vande Mataram’ will be sung before nat’l anthem from Red Fort; ‘Yuva Shakti’ will be on full display, LOP will be seated at per table of precedence: Defence secy | India News

Ethanol or EVs? India needs both for cleaner mobility, says IFGE

Meta launches Muse Glimmer open-weight AI model

Business

Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check

RBI rejects bids for treasury bills, move signals lower rates

Sebi bans Rajesh Exports’ CMD for fin irregularities

Honeywell Aerospace CEO forecasts big growth ahead of standalone debut

India’s economy shows resilience amid geopolitical uncertainty, says RBI deputy governor

BHEL secures order worth over Rs 2,000 crore from Nigerian firm

Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment

CBS fires Scott Pelley amid turmoil over direction of ’60 Minutes’

Sellers delisting homes at fastest pace since 2020

Dip in foreign investment is part of a self-correcting cycle : Bank of America’s Sahu

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Three reasons Goldman’s co-head of global banking and markets says to stay invested

5 things to know before the stock market opens Monday

‘Broken overnight’: How stock market’s new closing auction is making traders jittery

In a first on I-Day this time, ‘Vande Mataram’ will be sung before nat’l anthem from Red Fort; ‘Yuva Shakti’ will be on full display, LOP will be seated at per table of precedence: Defence secy | India News

Ethanol or EVs? India needs both for cleaner mobility, says IFGE

Meta launches Muse Glimmer open-weight AI model

‘Broken overnight’: How stock market’s new closing auction is making traders jittery

In a first on I-Day this time, ‘Vande Mataram’ will be sung before nat’l anthem from Red Fort; ‘Yuva Shakti’ will be on full display, LOP will be seated at per table of precedence: Defence secy | India News

Ethanol or EVs? India needs both for cleaner mobility, says IFGE

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Three reasons Goldman’s co-head of global banking and markets says to stay invested

5 things to know before the stock market opens Monday

‘Broken overnight’: How stock market’s new closing auction is making traders jittery

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