Finance -

September shipments through Hormuz hit post-war high as LNG cargoes pick up

TazaPulseOctober 2, 2026

September shipments through Hormuz hit post-war high LNG traffic through the Strait of Hormuz increased in September, with the number of cargoes leaving the key waterway reaching its highest monthly level since the US-Israeli war on Iran began. The rise came despite continuing security concerns and uncertainty over shipping through the strait.Data from S&P Global...

Vande Bharat crosses world’s highest Chenab and first cable-stayed Anji bridges at 100 kmph in historic milestone as Katra-Banihal speed limit rises over a year after inauguration

TazaPulseOctober 2, 2026

The milestone comes over a year after the section was inaugurated in June 2025. In a historic milestone for higher speed connectivity of Kashmir with the rest of India, the maximum permitted speed on the 111-km Shri Mata Vaishno Devi Katra-Banihal railway section has been raised from 75 kmph to 100 kmph.The milestone comes over...

gold prices hold firm ahead of festive season

Gold gets its festive shine back as lower prices lure Asian buyers

TazaPulseOctober 2, 2026

Gold prices hold firm ahead of festive season Lower gold prices are beginning to bring physical buyers back into key Asian markets, with demand improving in India and signs of increased buying interest in Singapore. However, some buyers continue to wait for prices to fall further before stepping into the market.Gold prices in the country...

Don’t cut salaries after EPF wage ceiling rises to Rs 25,000 from Rs 15,000: Ministry directs employers to bear statutory contribution, not pass it on to employees through CTC adjustments

TazaPulseOctober 2, 2026

The directive seeks to address concerns that companies may try to absorb the contribution by adjusting it against employees’ CTC. (Image for representative purpose only) Will your take home salary come down with the Employees’ Provident Fund Organisation (EPFO) raising the wage ceiling for provident fund calculation purposes from Rs 15,000 to Rs 25,000?On September...

anup bagchi has been appointed as the next managing director and ceo of hdfc bank

Anup Bagchi: ICICI pro who’ll steer HDFC Bank

TazaPulseOctober 2, 2026

Bagchi has spent most of his career inside the ICICI group. A chemical engineer from IIT Kanpur, he joined ICICI after an MBA in finance from IIM Bangalore. MUMBAI: For a bank that has long been a training ground for financial-sector talent, there is a certain symmetry in Anup Bagchi becoming the first outsider to...

Homebuyer paid Rs 91 lakh upfront for a Rs 1.24 crore property, but circle value rose to Rs 1.46 crore by registration; why ITAT Kolkata gave her tax relief and deleted Rs 11.35 lakh addition

TazaPulseOctober 2, 2026

The Tribunal considered both the registered purchase agreement and the conveyance deed executed later. (Image for representative purpose only) You agree to purchase a property and even give a portion of the payment. But by the time the property registration happens, the circle rate in the area has gone up, increasing the stamp duty, which...

mumbai a digital screen shows stock prices on the facade of bse building in mu

Sensex slides to over 2-year low as FPIs keep selling

TazaPulseOctober 2, 2026

On NSE, Nifty too showed a similar trajectory and closed 199 points (0.9%) down at 22,422 points. For both leading indices, it was the first time in 25 years that they recorded lower weekly closes for eight consecutive weeks. MUMBAI: Rising bond yields in almost all major markets around the world, along with spiking crude...

Chinese phone covers face anti-dumping duty

TazaPulseOctober 2, 2026

The Directorate General of Trade Remedies found that low-priced imports hurt domestic manufacturers, limiting their ability to raise prices despite higher costs. NEW DELHI: Mobile covers imported from China could become costlier as India’s trade remedies authority recommended a five-year anti-dumping duty of $72 per 1,000 pieces. The Directorate General of Trade Remedies found that...

brent crude climbs beyond 100as strait of hormuz disruptions choke global oil supplies

Oil prices soar to $103 per barrel again as Middle East supply concerns intensify

TazaPulseOctober 2, 2026

Brent crude climbs beyond $100as Strait of Hormuz disruptions choke global oil supplies Oil prices edged higher on Friday as fresh restrictions on Chinese fuel exports and reports of increased US military deployments to the Middle East kept supply concerns in focus.Brent crude stood at $102.60, higher by 28 cents or 0.27% while WTI crude...

fm nirmala sitharaman pushes investment economic ties with saudi arabia switzerland jordan at aiib meet

Economy may expand 7.3% in July-September, says finance ministry

TazaPulseOctober 2, 2026

The ministry also flagged worries around short-term pressure on Indian assets and the rupee, along with capital flowing towards geographies due to AI. NEW DELHI: The finance ministry Thursday said the growth momentum extended into the second quarter, although at a more measured pace, and the economy may expand 7.3% during July-Sept.While flagging multiple parameters...