Finance -

KKR: Leveraged deals from 2021, treasuries to feel pressure

TazaPulseJune 15, 2026

MUMBAI: Global investment firm KKR has said that central banks globally will start tightening this year and it has expressed caution on long-duration govt bonds, over-levered 2021 vintage deals, lower-income consumer exposure, and assets dependent on a return to the old regime of low inflation, low rates, and abundant liquidity.In its mid-year outlook report ‘The...

India restricts deployment of seafarers to conflict zones, Shipping authority issues fresh advisory

TazaPulseJune 14, 2026

Days after three Indian seafarers onboard MT Settebello were killed following a US military strike off the Oman coast, the Directorate General of Shipping (DGS) has advised maritime recruitment and placement agencies to restrict the deployment of Indian seafarers to conflict areas until further orders.In a circular, the shipping regulator also directed vessels operating in...

Fertiliser push: Two new urea plants to start production soon; govt says import dependence set to ease

TazaPulseJune 14, 2026

India is set to add 25.4 lakh tonnes of annual urea production capacity with two new fertiliser plants expected to begin operations shortly, a move the government says will strengthen domestic availability and reduce reliance on imports, PTI reported.The announcement comes as India continues efforts to boost fertiliser self-sufficiency while shielding farmers from global supply...

Amazon doubles down on India growth plans, sees current phase as its most aggressive expansion yet

TazaPulseJune 14, 2026

Amazon is stepping up its India bet with fresh investments across ecommerce, quick commerce, artificial intelligence and exports, with the company describing the current period as its most aggressive phase of expansion in the country so far.The renewed push comes after Amazon announced plans to invest $35 billion in India by 2030, adding to the...

India does not use methodology changes to inflate growth numbers, CEA Nageswaran defends GDP data

TazaPulseJune 14, 2026

Defending the credibility of India’s GDP statistics, Chief Economic Adviser V Anantha Nageswaran has said that the country does not use revisions in methodology or base years to artificially boost economic growth figures.In an interview with news agency ANI, Nageswaran responded to concerns raised by some economists over India’s GDP estimates, saying GDP measurement is...

108320762 1781222654957 gettyimages 2270909836 Home Appliance

Chinese consumer stock could double if industrial pivot works, JPMorgan says

TazaPulseJune 14, 2026

Hong Kong-listed home appliance company Midea has two options, J.P. Morgan analysts said last week. Either become an industrial giant like Siemens — and double in market cap by 2030 — or plod along “the Panasonic path” with gains of just 25%, the analysts said. Midea shares are already up more than 7% so far...

Bharat Innovates 2026: PM Modi, French President Macron inaugurate ‘Bharat Innovates’ in Nice; pitch deeper India-France partnership

TazaPulseJune 14, 2026

PM Modi, French President Macron inaugurate ‘Bharat Innovates’ in France Prime Minister Narendra Modi and French President Emmanuel Macron on Sunday jointly inaugurated the Bharat Innovates 2026 conclave in Nice, bringing together startups, innovators, venture capital funds and academic institutions from India, France and other countries, as the two nations seek to deepen cooperation in...

China beats Elon Musk’s ‘Jesus-level technology’ to launch world’s first commercial brain chip

TazaPulseJune 14, 2026

China has moved ahead of Elon Musk‘s ‘Jesus-level technology’ Neuralink in the race to commercialise brain-computer interface technology, approving what is being described as the world’s first commercially available brain chip after successful clinical trials.The coin-sized implant, called NEO, has become the first surgically implanted brain-computer interface (BCI) device to clear clinical testing for commercial...

India steps up Russian oil buying; crude imports from Moscow rise in May: Report

TazaPulseJune 14, 2026

India remained the world’s second-largest buyer of Russian fossil fuels in May, importing Russian hydrocarbons worth an estimated 5.8 billion euros (USD 6.7 billion), as refiners stepped up purchases of discounted crude from Moscow, according to a report by the Centre for Research on Energy and Clean Air (CREA).Crude oil accounted for the bulk of...

BRICS adopts Indore Declaration; India to lead seed rights, digital agriculture initiatives

TazaPulseJune 13, 2026

BRICS nations on Saturday adopted the “Indore Declaration”, committing to deeper cooperation in agriculture and launching a series of new initiatives, including a global forum on farmers’ seed rights, a digital agriculture network and a platform for agroecology and regenerative farming, PTI reported.The decisions were taken at the end of a five-day meeting of agriculture...