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Finance

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Smartphone to be locked for missed EMI? RBI’s new rules for lenders, defaulting borrowers explained

TazaPulseAugust 15, 2026

Lenders have been allowed to impose gradual restrictions on the devices after 30 days of the payment being overdue. Purchased a smartphone, laptop or tablet via loan financing? What happens if you miss an EMI? Can the lender lock your phone or block access to the device? According to a study by Home Credit Finance,...

Here’s what investors are looking at

TazaPulseAugust 15, 2026

Anthropic is preparing for what could become one of the world’s biggest IPOs, with investors and bankers looking beyond the AI firm’s current performance and towards 2028 to assess how much the company could be worth.Two people familiar with Anthropic’s financials portfolio told Reuters that the company is forecasting revenue of about $190 billion to...

nvidias discloses 21 billion stake in elon musk owned rocket firm

Chipmaker discloses $21 billion stake in Elon Musk-owned rocket firm

TazaPulseAugust 15, 2026

Nvidia’s financial ties with Elon Musk’s SpaceX have come into focus after the chipmaking giant disclosed that it owns nearly 123 million shares in the rocket company. The stake was worth almost $21 billion at the end of June, but has since fallen to about $17 billion as SpaceX shares dropped sharply following its June...

Why India’s GCC boom is facing a talent problem — and what companies want next

TazaPulseAugust 15, 2026

Talent gaps threaten India’s GCC growth (representative image) Talent shortages are emerging as a strategic risk for India’s global capability centre (GCC) sector, with 11% of GCC leaders saying their global headquarters are actively evaluating or shifting mandates to competing geographies, according to a PwC India-FICCI study.The report, based on a survey of 200 senior...

With $52.3 billion raised, FCNR(B) scheme to close a month early

TazaPulseAugust 15, 2026

RBI introduced the special USD-INR forex swap facility on June 8, 2026 MUMBAI: RBI has decided to close the special FCNR(B) scheme a month early on Aug 31 after banks mopped up $52.3 billion in deposits by Aug 13. The central bank’s decision follows a strong response to the facility, which was designed to bring...

PM Modi hails ‘Samudra Manthan’ for deep-sea exploration in Independence Day speech

TazaPulseAugust 15, 2026

PM Modi said that nearly 99% of India’s coastal waters had earlier been classified as “no-go areas”. Prime Minister Narendra Modi on Saturday said India has opened up almost its entire coastal waters for exploration as part of efforts to identify new mineral reserves. PM Modi during his Independence Day speech said most of these...

PM Modi talks of India’s economic growth during Independence Day speech

TazaPulseAugust 15, 2026

PM Modi on Saturday led the country’s 80th Independence Day celebrations at the Red Fort. India has become the world’s fastest growing major economy in the world in the last twelve years, Prime Minister Narendra Modi said during his Independence Day speech on Saturday.He also said that India has achieved this milestone despite being ranked...

Claude downloads surge 30x, Gemini doubles

TazaPulseAugust 15, 2026

Claude recorded the sharpest growth among major GenAI apps during the June quarter NEW DELHI: India’s AI-app race is getting more competitive. While ChatGPT continues to dominate user engagement and spending, Gemini is gaining ground and Claude is emerging as a fast-growing challenger, according to data from market intelligence firm Sensor Tower.Claude recorded the sharpest...

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Berkshire Hathaway boosts Alphabet to a top three holding, ups Delta and housing bets

TazaPulseAugust 15, 2026

Berkshire Hathaway CEO Greg Abel holds a U.S. flag at a naturalization ceremony hosted by the Iowa Cubs in Des Moines on June 25, 2026. Iowa Cubs/Michael Hill Berkshire Hathaway sharply increased its stake in Alphabet in the second quarter, vaulting the Google parent into its three biggest stock holdings. The sprawling conglomerate also added...

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Goldman’s latest cash cow is all about funding the AI infrastructure boom

TazaPulseAugust 15, 2026

Wall Street’s largest banks are riding a lucrative new wave — bankrolling the AI gold rush. Goldman Sachs was a key facilitator in this week’s artificial intelligence funding announcements from both Nvidia and Intel . These are just two of several recent high-profile wins, providing a financial windfall for the venerable investment bank. All three of...