Finance -

Grid stability, large-scale integration of renewable energy discussed in Parl panel meet

TazaPulseJune 3, 2026

New Delhi: Emerging requirements of grid stability amid India’s growing electricity demand, large-scale renewable energy integration, and the increasing share of inverter-based generation resources and bulk loads were discussed in a meeting of the parliamentary consultative committee of the ministry of power on Tuesday.Chaired by Union power minister Manohar Lal, the meeting stressed the need...

US stock markets today (June 3, 2026): Oil nears $100 amid Iran tensions, Wall Street stays close to record highs

TazaPulseJune 3, 2026

Rising oil prices and renewed tensions involving Iran weighed on US equities on Wednesday, but Wall Street remained close to record levels as investors continued to bet on a potential reopening of the Strait of Hormuz and drew support from strong corporate earnings.The S&P 500 slipped 0.2% from its all-time high, while the Dow Jones...

Why did TCS shares crash over 8% today? Stock logs worst single-day fall since Covid-era rout

TazaPulseJune 3, 2026

Just a day after helping power a sharp rebound in technology stocks, Tata Consultancy Services (TCS) turned into one of Dalal Street’s biggest losers on Wednesday, with the stock plunging more than 8% in its steepest single-day decline since the Covid-driven market crash of March 2020.The sell-off erased the gains accumulated during the recent rally...

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Stocks making the biggest moves premarket: BX, MRVL, PANW

TazaPulseJune 3, 2026

Check out the companies making the biggest moves premarket: Private equity firms — The group fell after Bloomberg News reported Partners Group, a Swiss-based private equity firm, capped withdrawals from one of its private equity funds. Blackstone fell 6%, while KKR tumbled more than 5.5%. Blue Owl Capital was off nearly 4%. Palo Alto Networks...

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Goldman cuts HK stocks in favor of mainland China AI hardware plays

TazaPulseJune 3, 2026

Goldman Sachs is officially preferring mainland Chinese stocks to those traded in Hong Kong. The investment bank on Wednesday cut its rating on H shares to market-weight from overweight, while staying overweight on mainland China’s A shares — as a way to play artificial intelligence hardware. Most of China’s AI semiconductor companies and their suppliers...

Pollution fight: Cabinet approves scheme worth Rs 5,041 crore to replace old trucks and buses in Delhi-NCR

TazaPulseJune 3, 2026

In a major clean-air initiative aimed at reducing vehicular pollution in the National Capital Region, the Union Cabinet has approved a Rs 5,041 crore scheme to replace older trucks and buses in Delhi-NCR with cleaner BS-VI and electric vehicles, backed by a package of financial incentives for vehicle owners, Union minister Ashwini Vaishnaw said on...

Cheaper gold by Rs 10 lakh – 15% import duty prompts smuggling wave in India

TazaPulseJune 3, 2026

The government’s recent hike in gold import duty has fuelled a surge in smuggling, with illicitly imported gold reportedly being sold at discounts of up to Rs 10 lakh per kilogram, creating a significant price gap with legally imported bullion.According to industry participants cited by ET, gold brought into the country through unofficial routes is...

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US proposes action against 60 countries over forced labour concerns: Why India is on the list

TazaPulseJune 3, 2026

India and the United States may be 99% closer to signing the BTA, but a new proposal from Washington suggests that the trade story isn’t quite finished yet. The United States Trade Representative (USTR) on Wednesday named India among countries that could face additional tariffs over concerns about preventing goods linked to forced labour from...

High costs dampen summer for beverage companies | India News

TazaPulseJune 3, 2026

MUMBAI: Cans or glass bottles, beer or cold beverages- companies are losing their cool over rising costs this summer instead of keeping their spirits high amid what is otherwise supposed to be an El-Nino-induced harsher season, driving more demand. The war has hit firms on two fronts-for one, soft drink players such as Coca-Cola which...

Stock Market Live Updates Today: BSE Sensex tanks over 800 points, Nifty50 goes below 23,300 on rising crude oil prices

TazaPulseJune 3, 2026

“Indian equity markets are expected to open on a flat to mildly negative note, with Gift Nifty trading around 23,477, down by 15 points, indicating subdued opening cues for domestic indices. Global markets remained broadly positive on the back of resilient economic data and easing concerns over major geopolitical developments, though investors are likely to...