Finance -

Piyush Goyal asks industry to identify import substitutes, pushes local manufacturing to cut dependence

TazaPulseMay 18, 2026

Commerce and Industry Minister Piyush Goyal on Monday urged industry stakeholders to identify products that can be manufactured domestically to reduce India’s dependence on imports and strengthen local production capabilities, PTI reported.Addressing domestic traders, the minister also asked industry to focus on boosting exports and prioritising products made in India over imported goods.“You should keep...

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REGN, D, M and more

TazaPulseMay 18, 2026

Check out the companies making the biggest moves premarket: Regeneron Pharmaceuticals — The drugmaker fell more than 11% after its treatment for a skin cancer missed goals in a late-stage trial. Macy’s — The department store shares jumped nearly 4% in premarket after a regulatory filing revealed Berkshire Hathaway initiated a small position in the...

What are EGRs, how do they work, and what investors should know

TazaPulseMay 18, 2026

Trading in Electronic Gold Receipts (EGRs) on the National Stock Exchange (NSE) begins from May 18, marking a significant change in India’s organised gold market and offering investors a new way to buy and hold the precious metal in digital form, ET reported.The market will operate from Monday to Friday between 9 am and 11:30...

Stock Market Live Updates: BSE Sensex recovers from day’s low, trades flat; Nifty50 goes above 23,600 even as crude oil prices touch 2-week high

TazaPulseMay 18, 2026

“Indian equity markets are expected to open on a negative note, with Gift Nifty trading around 23,539, down by 169 points, indicating weak opening cues for domestic indices. Nifty ended on a mildly negative note on 15th May 2026, closing at 23,643.50, down 46.10 points or 0.19%, amid profit booking from higher levels. The index...

India’s import bill begins to rise

TazaPulseMay 18, 2026

India’s overall merchandise exports increased 13.8 per cent year-on-year in April 2026, largely supported by petroleum exports. (AI image) India’s import burden started climbing in April 2026, with the country’s merchandise trade deficit widening to $28.4 billion, compared with nearly $27 billion in April 2025 and $20.7 billion in March 2026. The expansion in the...

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How much petrol, diesel, PNG and CNG cost in your city today?

TazaPulseMay 18, 2026

Your next petrol, diesel and CNG refill is set to cost more! Fuel prices have once again come under pressure after a recent hike of Rs 3 per litre in petrol, diesel and CNG rates, pushing everyday transport and household fuel costs back into focus. The increase comes amid a sharp rally in global crude...

Where are gold prices headed? Key levels to watch out for May 18, 2026 week

TazaPulseMay 18, 2026

Technically, immediate resistance is placed at ₹1,60,800–1,61,800, which coincides with the upper Bollinger Band and short-term supply zone. (AI image) Gold price prediction today: Gold prices are expected to move towards consolidation in the coming days as well, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold has entered a crucial...

Why is stock market down today? Sensex, Nifty crash over 1%, Rs 7 lakh crore wiped out

TazaPulseMay 18, 2026

Stock market crash today (AI image) Stock market crash today: Indian equity benchmarks, Nifty50 and BSE Sensex, saw a sharp selloff on Monday, with both the indices crashing over 1% as bearish sentiment tightened its hold on Dalal Street. Rising global bond yields, the rupee hitting a fresh all-time low and other macro concerns added...

Rupee falls to fresh record low of 96.20 against US dollar; down 5.5% since Iran war began

TazaPulseMay 18, 2026

Rupee extended its fall on Monday, opening at an all-time low of 96.20 against the US dollar, slipping 0.2% from its previous close. This comes as the ongoing Middle East conflict continues to cloud sentiments and unsettle markets. With this fall the currency has trimmed 5.5% since the crisis began. Last week, the currency crossed...

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U.S., China announce deals after Trump-Xi summit

TazaPulseMay 18, 2026

The booth of USSEC (U.S. Soybean Export Council) on Nov. 8, 2025, at the 8th China International Import Expo in Shanghai. Sopa Images | Lightrocket | Getty Images BEIJING — China has agreed to buy U.S. soybeans and address American access to rare earths, the White House said Sunday, touting some of the most tangible...