Finance -

Trump Praises India’S Economy: Year after calling India ‘dead economy’, Donald Trump says country ‘doing very well at 7-8%’

TazaPulseJuly 4, 2026

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has praised India’s economic performance, saying the country is “doing very well”, marking a sharp shift from his remarks last year when he described India as a “dead economy” amid trade tensions.Speaking in an interview with CNBC on Thursday ahead of the...

Donald Trump: ‘The Trump economy is soaring’: US President cites stock market rally and tax cuts ahead of Independence Day

TazaPulseJuly 4, 2026

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Friday claimed that the American economy was “soaring”, pointing to record stock market performance, rising exports, increased investment and tax cuts as signs that the country had entered a new period of economic growth.In a post on his Truth Social platform,...

Loan growth speeds up in Q1, deposits still lag

TazaPulseJuly 4, 2026

MUMBAI: Credit growth remained elevated across the banking system on a year-on-year basis for the quarter ended June 2026 with few banks reporting advances growing at double the rate of credit growth. In contrast, the wedge between credit and deposit growth widened with some banks (Bank of Baroda, IDBI and RBL) reporting a dip in...

Nearly 500 cities set to become next economic hubs: FM Sitharaman

TazaPulseJuly 4, 2026

Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Friday described the middle class as the growth engine of India and said nearly 500 cities are poised to emerge as the country’s next centres of economic activity.Participating in a panel discussion on ‘How to promote the rise of a new middle class’ at...

HCLTech wins $1.1bn AI-led deal with Mercedes

TazaPulseJuly 4, 2026

Representative image (AP) BENGALURU: HCLTech shares rose nearly 6% on the BSE on Friday after the IT firm announced a $1.1 billion mega deal with a Europe-based Fortune Global 50 enterprise, which people in the know told TOI is Mercedes-Benz. The agreement is among the largest AI-led deals announced by an Indian IT firm this...

Identify imported goods for manufacturing: Piyush Goyal tells states

TazaPulseJuly 4, 2026

NEW DELHI: Commerce and industry minister Piyush Goyal on Friday urged states to identify products that are currently imported but can be manufactured competitively in India.He said such efforts would not only reduce import dependence and save foreign exchange but also strengthen domestic supply chains and reduce vulnerabilities arising from excessive dependence on foreign suppliers.This...

Eu Us Trade Relations: EU–US goods trade hits record €875 billion despite tariffs: Study

TazaPulseJuly 3, 2026

File photo: US President Donald Trump shakes hands with European Commission President Ursula von der Leyen (Picture credit: Reuters) Trade in goods between the European Union and the United States reached a record €875 billion ($1.00 trillion) last year despite tariffs, but a new study has warned that the headline figures mask significant underlying economic...

India Exports 1 Trillion: India sets $1 trillion export goal for FY26 as merchandise, services trade rise

TazaPulseJuly 3, 2026

Piyush Goyal said India exported goods and services worth $863 billion in 2025-26 India has set an ambitious target of achieving $1 trillion in exports during the current financial year, with exporters and policymakers committing to the goal at a Board of Trade meeting in New Delhi, Union commerce and industry minister Piyush Goyal said...

The Museum of American Finance opens its doors in Boston

TazaPulseJuly 3, 2026

Rendering of the Museum of American Finance’s new home on Commonwealth Pier in the Boston Seaport. Courtesy: Museum of American Finance Nearly a decade after leaving its former home, the Museum of American Finance is welcoming the public to its new headquarters – and just in time for the country’s 250th anniversary. The 5,400-square-foot museum...

Child Sexual Abuse Material: IT minister Ashwini Vaishnaw orders MeitY to summon Meta over Instagram child abuse ads: Report

TazaPulseJuly 3, 2026

File photo: Ashwini Vaishnaw IT minister Ashwini Vaishnaw has directed officials in the ministry of electronics and information technology (MeitY) to summon Meta over Instagram advertisements promoting child sexual abuse material (CSAM), sources said on Friday, according to news agency PTI.According to the sources, the ministry will seek an explanation from Meta over the issue...