Finance -

Fiscal consolidation: Govt meets FY26 fiscal deficit target of 4.4% of GDP

TazaPulseJune 1, 2026

The Centre achieved its fiscal deficit target of 4.4 per cent of GDP for 2025-26, according to provisional data released by the Controller General of Accounts (CGA) on Monday, marking an improvement from the previous financial year’s deficit level, PTI reported.The fiscal deficit for FY26 was estimated at Rs 15,68,936 crore in the Budget and...

Centre floats second global tender for 70 lakh tonne urea despite surge in prices

TazaPulseJune 1, 2026

The government has issued a second global tender to import 70 lakh tonne of urea for the kharif season, despite a sharp rise in international prices, as it moves to ensure adequate fertiliser supplies amid disruptions linked to the Middle East crisis, PTI reported.The global price of urea has jumped from $447 per tonne in...

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Stocks making the biggest moves premarket: NNVDA, ARM, QCOM

TazaPulseJune 1, 2026

Check out the companies making the biggest moves premarket: Nvidia , Microsoft — The hyperscalers were rising after Nvidia, in a collaboration with Microsoft, revealed a new processor for personal computers . Nvidia was up 2%, while Microsoft was rising nearly 4% in premarket trading. Dell , HP , Arm — Derivatives of Nvidia’s computer...

India-Oman trade pact: Govt builds ‘Plan B’ amid Hormuz crisis – why deal is key for energy future

TazaPulseJune 1, 2026

Middle East chaos has kept the crucial Strait of Hormuz squeezed for over three months now, disrupting one of the world’s busiest energy corridors, sending ripples across nations. But amid the chaos, India may have quietly found a Plan B — Oman.India’s free trade agreement with Oman, which comes into effect on June 1, could...

Economic strength: India’s manufacturing sector growth accelerates to 3-month high in May amid Middle East conflict

TazaPulseJune 1, 2026

Manufacturing activity picked up pace in May, with output growth strengthening and companies stepping up purchases of raw materials. (AI image) Amid the Middle East conflict, India’s manufacturing saw robust growth, with activity gathering momentum in May and expanding at the fastest pace in three months. The growth is supported by robust demand, ongoing infrastructure...

LIC weighs foray into fintech space, strategic investment on table

TazaPulseJune 1, 2026

NEW DELHI: Insurance giant LIC is actively considering establishing a fintech arm either through strategic investment or organic way to cater to its growing digital needs, CEO & MD R Doraiswamy said. “Naturally, to meet the modernisation requirement and particularly to bring innovation, we are engaging both fintech and insurtech players and we are getting...

Russia imposes aviation fuel export ban until November 30

TazaPulseJune 1, 2026

Russia on Monday announced a ban on aviation fuel exports until November 30 as it seeks to safeguard domestic supplies amid falling refinery output and growing pressure on its energy infrastructure.Announcing the move, the Russian government said the restriction was aimed at maintaining stability in the domestic fuel market. “The aim of this decision is...

Gold price prediction today: Will gold prices see limited upside? Key levels to watch out for June 1, 2026 week

TazaPulseJune 1, 2026

Technically, the recent rebound from the ₹157,000–158,000 region helped stabilize prices. (AI image) Gold price prediction today: Momentum in gold prices remains weak, and markets will track the US-Iran developments for cues, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold traded under sustained pressure through the week on the hourly...

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Nvidia dives into humanoid robots with China’s Unitree ahead of IPO

TazaPulseJune 1, 2026

Unitree Robotics humanoids dance on May 31, 2026, in Shanghai, for the opening of Asia’s first embodied intelligence experience store. Jade Gao | Afp | Getty Images Nvidia has selected Chinese humanoid robot maker Unitree for the first robotics system the U.S. chipmaker is selling to researchers from Stanford to ETH Zurich, the company announced...

Gold, Silver Rate Today Live Updates: International gold prices slip on inflation concerns, rising crude prices & US-Iran talks uncertainty

TazaPulseJune 1, 2026

Gold prices traded steady as investors balanced ongoing uncertainty surrounding US-Iran ceasefire negotiations against rising inflation concerns and expectations of tighter monetary policy. While reports suggest US and Iran continue discussions on extending the current truce and reopening the Strait of Hormuz, key disagreements remain unresolved and any final agreement still requires approval from President...