Finance -

Skilled worker shortage poses challenge to government’s major PNG expansion drive

TazaPulseMay 23, 2026

As the Middle East conflict continues to strain global energy supplies, the government is pushing for faster expansion of piped natural gas (PNG) connections across the country. But the plan is facing a major hurdle. A shortage of certified gas plumbers has slowed the rollout, with city gas distribution (CGD) companies currently adding only 8,000-10,000...

‘Potential to diversify’: US state secretary Rubio pushes for US energy supplies to India in meeting with PM Modi

TazaPulseMay 23, 2026

US Secretary of State Marco Rubio emphasised Washington’s intent to prevent geopolitical disruptions from distorting global energy markets, as tensions linked to the Iran conflict continue to affect oil supply routes and pricing dynamics.During discussions on energy security, Rubio’s office, quoted by Reuters, stressed that the US sees energy exports as a key instrument in...

The big AI shock: Have Indian IT sector stocks lost their lustre?

TazaPulseMay 23, 2026

IT stocks crash (AI image) Globally technology sector stocks are leading stock market rallies. In India, the picture is the opposite. The Nifty IT index has dropped around 23% since the start of the year, sharply underperforming the broader market decline of around 10%. In fact, ⁠IT has been the worst-performing major sector in the...

Three signs from APEC that the U.S., China remain far apart on trade

TazaPulseMay 23, 2026

China’s Commerce Minister Wang Wentao held a press conference on May 23, 2026, at the end of the APEC trade ministers’ meeting in Suzhou, China. CNBC | Evelyn Cheng SUZHOU, China — Just over a week after the U.S. and Chinese presidents met in Beijing, the world’s two largest economies are sending different messages about...

RBI steps up dollar sales to $53 billion to defend rupee in FY26

TazaPulseMay 23, 2026

MUMBAI: RBI stepped up dollar sales in FY26 to manage exchange rate volatility. The central bank recorded a total net sale of $53.1 billion over the course of the fiscal year an increase of $12 billion compared to net sales of $41.1 billion in FY25. Despite temporary periods of dollar accumulation, the central bank maintained...

‘Economy resilient, supply a worry’

TazaPulseMay 23, 2026

MUMBAI: Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments, even as global uncertainties and geopolitical tensions continued to cast a shadow, RBI said in its latest State of the Economy article.At the same time, the central bank struck a note of caution, stating that “India’s near-term...

Petrol, diesel prices hiked third time, sees increase by around 90 paise — check rates in your city

TazaPulseMay 23, 2026

Petrol and diesel prices were increased again on Saturday, marking the third hike in less than 10 days as global crude oil prices continue to surge amid the ongoing West Asia conflict and disruptions around the Strait of Hormuz.Petrol prices were raised by up to 87 paise per litre, while diesel prices increased by as...

Shareholders’ no to Swiggy’s board changes

TazaPulseMay 23, 2026

BENGALURU: Swiggy shareholders have voted against proposed changes to the company’s Articles of Association, preventing the planned appointments of CFO Rahul Bothra and cofounder Phani Kishan Addepalli to the board. The special resolution received 72.4% shareholder support, falling short of the 75% threshold required for approval, according to an exchange filing on Thursday.Swiggy said the...

Gold demand may hit 10-year low in FY27

TazaPulseMay 23, 2026

MUMBAI: Gold jewellery has not lost its sheen but it may be going out of reach for average Indians as high prices of the yellow metal are pushing people to spend less on new pieces and only stick to essentials. While sales volumes or the amount of gold sold are dropping, sales value, driven by...

Warsh takes the Fed’s helm as inflation climbs

TazaPulseMay 23, 2026

Will lead a central bank oriented toward reform, says new chair WASHINGTON: Kevin Warsh was sworn in as chair of the US Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are pushing up inflation and eroding consumer sentiment, potent ingredients for a...

India-US trade deal nearing finish line? What Jaishankar, Piyush Goyal said on negotiations and ties

Fannie Mae sharply raises mortgage rate forecast for 2027

India Wholesale Price Index: India’s WPI inflation surges to record high of 11.39% in September on higher food, fuel prices

‘Resign first’: Chirag Paswan dares Rahul Gandhi amid SIR stir; criticises police brutality | India News

Canada’s Fairfax to buy 60.2% stake in IDBI Bank for Rs 53,000 crore; largest FDI in an Indian bank

Berkshire Hathaway makes $330 million investment in Bending Spoons

Finance

Skilled worker shortage poses challenge to government’s major PNG expansion drive

‘Potential to diversify’: US state secretary Rubio pushes for US energy supplies to India in meeting with PM Modi

The big AI shock: Have Indian IT sector stocks lost their lustre?

Three signs from APEC that the U.S., China remain far apart on trade

RBI steps up dollar sales to $53 billion to defend rupee in FY26

‘Economy resilient, supply a worry’

Petrol, diesel prices hiked third time, sees increase by around 90 paise — check rates in your city

Shareholders’ no to Swiggy’s board changes

Gold demand may hit 10-year low in FY27

Warsh takes the Fed’s helm as inflation climbs

Latest News

India-US trade deal nearing finish line? What Jaishankar, Piyush Goyal said on negotiations and ties

Fannie Mae sharply raises mortgage rate forecast for 2027

India Wholesale Price Index: India’s WPI inflation surges to record high of 11.39% in September on higher food, fuel prices

‘Resign first’: Chirag Paswan dares Rahul Gandhi amid SIR stir; criticises police brutality | India News

Canada’s Fairfax to buy 60.2% stake in IDBI Bank for Rs 53,000 crore; largest FDI in an Indian bank

Berkshire Hathaway makes $330 million investment in Bending Spoons

India Wholesale Price Index: India’s WPI inflation surges to record high of 11.39% in September on higher food, fuel prices

‘Resign first’: Chirag Paswan dares Rahul Gandhi amid SIR stir; criticises police brutality | India News

Canada’s Fairfax to buy 60.2% stake in IDBI Bank for Rs 53,000 crore; largest FDI in an Indian bank

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India-US trade deal nearing finish line? What Jaishankar, Piyush Goyal said on negotiations and ties

Fannie Mae sharply raises mortgage rate forecast for 2027

India Wholesale Price Index: India’s WPI inflation surges to record high of 11.39% in September on higher food, fuel prices

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