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Eli Lilly to use GLP-1 windfall to fund M&A and diversify pipeline

TazaPulseJune 3, 2026

Jacob Van Naarden is busy. In addition to running Eli Lilly‘s oncology business, he’s now responsible for finding the drugmaker’s next opportunities as head of business development. And Lilly, now the world’s largest pharmaceutical company, is hungrier than ever for deals. “The company’s financial strength right now, driven mostly by the weight loss business, is...

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Macy’s (M) earnings Q1 2026

TazaPulseJune 3, 2026

Macy’s posted its strongest fiscal first-quarter comparable sales performance in four years on Wednesday, as the legacy department store’s turnaround continues to show progress. Led by the 200 so-called reimagined stores Macy’s has upgraded, comparable sales grew 3% overall during the quarter and 1.6% at its namesake banner. At Bloomingdale’s, comparable sales grew 10.2%, helped...

Key Cabinet decisions: Rs 39,290 crore package get govt nod; ATF fund, coastal highway and Delhi-NCR vehicle scheme on list

TazaPulseJune 3, 2026

The Union Cabinet on Wednesday approved a package of projects and schemes worth Rs 39,290 crore, spanning aviation, highway infrastructure and transport modernisation, with the largest allocation going towards the creation of an Aviation Turbine Fuel (ATF) Price Stabilisation Fund.According to details of the Cabinet decisions, the government approved a Rs 10,000 crore ATF Price...

Trump’s 12.5% additional tariffs move under Section 301: What does it mean for India & trade deal talks?

TazaPulseJune 3, 2026

Going forward, Indian exports to the US may face higher scrutiny and the additional tariffs will hit as well, say experts. (AI image) Two days after Commerce minister Piyush Goyal said that the India-US trade deal was now down to finalising the ‘commas and full stops’, the Donald Trump administration has proposed to impose additional...

A new trade hurdle? India engaged with US over Section 301 probe linked to forced labour concerns

TazaPulseJune 3, 2026

NEW DELHI: The Centre on Wednesday said it is in touch with the United States regarding a Section 301 investigation linked to concerns over forced labour and excess industrial capacity.Earlier, the Office of the United States trade representative (USTR) named India among countries it believes follow unfair trade practices. Based on its findings, the USTR...

Gold price prediction today: Will gold, silver prices continue to be stuck in a range? Check June 3, 2026 outlook

TazaPulseJune 3, 2026

For Indian investors, domestic gold prices remained comparatively resilient. (AI image) Gold price prediction today: While gold and silver prices are seeing some weakness, in the domestic market gold has managed to exhibit some resilience, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold’s broad consolidation phase from April...

Why is stock market down today? BSE Sensex, Nifty50 crash around 1% – top reasons for fall

TazaPulseJune 3, 2026

The latest flare-up in West Asia has once again pushed Brent crude prices close to the $97-per-barrel mark. (AI image) Stock market crash today: Indian equity benchmarks, Nifty50 and BSE Sensex, tanked in trade on Wednesday as fresh tensions between US and Iran weighed on sentiment and led to crude oil prices rising.Both the Sensex...

‘Economic Fury’ on Iran: US seizes Tehran’s biggest crypto network amid peace talks

TazaPulseJune 3, 2026

After unleashing ‘Epic Fury’ on Iran, the United States has launched another front to step up its pressure on the country. The US, on Tuesday, imposed sanctions on Iran’s largest cryptocurrency exchange, Nobitex, and several of its senior executives, accusing the platform of helping the Iranian government and sanctioned entities bypass Western restrictions. The move,...

Gold, Silver Rate Today Live Updates: International gold prices edge down on renewed US-Iran tensions

TazaPulseJune 3, 2026

The government has tightened rules governing silver imports, requiring all incoming shipments of the metal to be channelled through RBI-designated agencies, entities approved by the Directorate General of Foreign Trade (DGFT), and eligible jewellers authorised by the International Financial Services Centres Authority (IFSCA) through the India International Bullion Exchange (IIBX). Such imports will now require...

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Month four of Hormuz blockade: Oil prices continue to soar after Iran attacks Kuwait, Bahrain

TazaPulseJune 3, 2026

Oil prices jumped over 1% on Wednesday as tensions in the Middle East continued to intensify after Iran launched missiles towards Kuwait and Bahrain. At the same time, peace efforts between Tehran and Washington yielded no breakthrough and the Strait of Hormuz disruption continued for 96th day.Brent crude futures gained $1.05, or 1.09%, to reach...

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

Business

Eli Lilly to use GLP-1 windfall to fund M&A and diversify pipeline

Macy’s (M) earnings Q1 2026

Key Cabinet decisions: Rs 39,290 crore package get govt nod; ATF fund, coastal highway and Delhi-NCR vehicle scheme on list

Trump’s 12.5% additional tariffs move under Section 301: What does it mean for India & trade deal talks?

A new trade hurdle? India engaged with US over Section 301 probe linked to forced labour concerns

Gold price prediction today: Will gold, silver prices continue to be stuck in a range? Check June 3, 2026 outlook

Why is stock market down today? BSE Sensex, Nifty50 crash around 1% – top reasons for fall

‘Economic Fury’ on Iran: US seizes Tehran’s biggest crypto network amid peace talks

Gold, Silver Rate Today Live Updates: International gold prices edge down on renewed US-Iran tensions

Month four of Hormuz blockade: Oil prices continue to soar after Iran attacks Kuwait, Bahrain

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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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