Finance -

The new oil? Inside the effort to turn AI computing power into a tradeable commodity

TazaPulseJune 16, 2026

For decades, companies have turned to futures markets to manage uncertainty. Airlines hedge fuel costs. Farmers hedge crops. Manufacturers hedge metals. Now a startup wants to bring that same financial machinery to artificial intelligence. Silicon Data, a company that tracks pricing across cloud providers and GPU marketplaces, has partnered with CME Group to launch what...

How the US-Iran war changed India’s trade map

TazaPulseJune 16, 2026

File photo (AP) NEW DELHI: The West Asia conflict has quietly altered India’s trade map. During April-May 2025, Oman was the 30th largest source of imports for India.In the first two months of the current financial year, helped by energy, Oman moved up to 10th spot, thanks to a 3.8 times jump in imports to...

Stocks making the biggest moves premarket: SPCX, HOOD, HUN

TazaPulseJune 16, 2026

Check out the companies making the biggest moves premarket: SpaceX — Elon Musk’s rocket company jumped another 10% , building on its already massive gains. SpaceX priced its initial public offering at $135 per share and began trading Friday. The stock traded at around $212 in the premarket, 57% above the IPO price. Huntsman —...

indian rupee also gains big against the us dollar

West Asia peace deal lifts sensex, Rupee gains 40p/$

TazaPulseJune 16, 2026

MUMBAI: The West Asia peace deal between US and Iran which could eventually end the war in the region, lifted sensex by 736 points on Monday. The index closed at 76,264 points. The day also witnessed foreign funds turning net buyers of equities after remaining net sellers for days altogether, crude prices plunging more than...

sarvam raises 234 million series b at 15 billion valuation to build india39s sovereign ai stack

Sarvam joins unicorn club, raises $234 million

TazaPulseJune 16, 2026

BENGALURU: Homegrown AI startup Sarvam has raised $234 million in a funding round led by HCLTech and Bessemer Venture Partners, catapulting its valuation to $1.5 billion and making it one of India’s newest AI unicorns.The round also saw participation from existing investors Khosla Ventures and Peak XV Partners. As part of the transaction, HCLTech invested...

Shareholders of Airtel back Africa stake consolidation

TazaPulseJune 16, 2026

NEW DELHI: Nearly all shareholders of Bharti Airtel Monday approved ongoing transaction to consolidate its stake in subsidiary Airtel Africa, indicating strong investor confidence. The transaction involves Bharti Airtel issuing equity shares to Indian Continent Investment, a promoter group entity, on preferential basis, in exchange for 16.3% stake in Airtel Africa. Upon consummation and approvals,...

Oil’s not well? US emergency stockpile falls to lowest level

TazaPulseJune 16, 2026

More than four decades after it was first being filled, the US emergency oil stockpile has fallen to its lowest level. The Trump administration has continued drawing oil from the Strategic Petroleum Reserve (SPR) to ease the economic impact of the war with Iran, pushing the US emergency crude stockpile to its lowest level since...

Gold price prediction today: Will gold prices rise substantially from current levels? Check June 16, 2026 outlook

TazaPulseJune 16, 2026

Gold can extend its rally further in the short-term as oil prices remain under pressure. (AI image) Gold price prediction today: Gold prices may rise in the near-term as oil prices ease but the US Federal Reserve’s meeting is an important thing to watch, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.Gold Performance:...

Income Tax Return: Is Form 16 mandatory for ITR filing & what to do if the employer has not issued it?

TazaPulseJune 16, 2026

For salaried taxpayers, Form 16 is one of the most important documents for ITR filing. (AI image) ITR filing FY 2025-26 (AY 2026-27): The income tax return filing season has started. One of the first things a taxpayer should do before logging into the income tax portal (incometax.gov.in/iec/foportal/) to file their tax return is to...

Stock Market Live Updates Today: BSE Sensex opens over 200 points up, Nifty50 above 23,900; Asian stocks edge up, oil prices rise marginally

TazaPulseJune 16, 2026

“Indian equity markets are expected to open on a mildly positive note, with Gift Nifty trading around 23,957, up by 66 points, indicating steady opening cues for domestic indices. Global markets remain largely supportive despite ongoing geopolitical developments, as investors continue to focus on resilient economic data and stable risk sentiment. However, fluctuations in crude...

Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO

Asian stocks today: Markets stay cautious as Middle East tensions, Fed rate worries keep investors on edge

M K Stalin: ‘People are searching for governance’: Udhayanidhi, MK Stalin step up attack on Tamil Nadu CM Vijay | India News

Tata Sierra EV launch tomorrow: Boost Mode, AWD, expected range & more

Adani case: New York judge’s query procedural, unlikely to derail DoJ bid to drop charges, says US lawyer

Top stocks to buy today: Stock recommendations for June 29, 2026 week – check list

Finance

The new oil? Inside the effort to turn AI computing power into a tradeable commodity

How the US-Iran war changed India’s trade map

Stocks making the biggest moves premarket: SPCX, HOOD, HUN

West Asia peace deal lifts sensex, Rupee gains 40p/$

Sarvam joins unicorn club, raises $234 million

Shareholders of Airtel back Africa stake consolidation

Oil’s not well? US emergency stockpile falls to lowest level

Gold price prediction today: Will gold prices rise substantially from current levels? Check June 16, 2026 outlook

Income Tax Return: Is Form 16 mandatory for ITR filing & what to do if the employer has not issued it?

Stock Market Live Updates Today: BSE Sensex opens over 200 points up, Nifty50 above 23,900; Asian stocks edge up, oil prices rise marginally

Latest News

Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO

Asian stocks today: Markets stay cautious as Middle East tensions, Fed rate worries keep investors on edge

M K Stalin: ‘People are searching for governance’: Udhayanidhi, MK Stalin step up attack on Tamil Nadu CM Vijay | India News

Tata Sierra EV launch tomorrow: Boost Mode, AWD, expected range & more

Adani case: New York judge’s query procedural, unlikely to derail DoJ bid to drop charges, says US lawyer

Top stocks to buy today: Stock recommendations for June 29, 2026 week – check list

M K Stalin: ‘People are searching for governance’: Udhayanidhi, MK Stalin step up attack on Tamil Nadu CM Vijay | India News

Tata Sierra EV launch tomorrow: Boost Mode, AWD, expected range & more

Adani case: New York judge’s query procedural, unlikely to derail DoJ bid to drop charges, says US lawyer

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Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO

Asian stocks today: Markets stay cautious as Middle East tensions, Fed rate worries keep investors on edge

M K Stalin: ‘People are searching for governance’: Udhayanidhi, MK Stalin step up attack on Tamil Nadu CM Vijay | India News

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