Finance -

Government, auto industry agree on CAFE 3 fuel efficiency norms

TazaPulseApril 17, 2026

New Delhi: After months of negotiations, govt and auto industry on Thursday reached a consensus on the proposed CAFE-3 fuel efficiency norms, with companies agreeing to most of the draft circulated last week, even as concerns remain over meeting stricter emission targets by FY32.TOI has learnt that officials told industry representatives that the thrust of...

India Nuclear Energy Programme: India’s big nuclear leap: How Stage 2 criticality at Kalpakkam will power the road to energy security

TazaPulseApril 17, 2026

‘No power is as costly as no power’ – Homi Jehangir Bhabha, the father of India’s nuclear programme, had once famously said. Several decades later, India’s nuclear energy ambitions have entered a decisive phase.On April 6, the Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Tamil Nadu achieved criticality, achieving a sustained nuclear chain reaction...

Stock market today (April 16, 2026): Which are the top gainers and losers in Nifty50 and BSE Sensex today? Check list

TazaPulseApril 17, 2026

Benchmark indices Sensex and Nifty ended lower in a volatile session on Thursday as profit-taking in banking and financial stocks erased early gains after a sharp rally in the previous session.The 30-share BSE Sensex fell 122.56 points, or 0.16 per cent, to close at 77,988.68, while the NSE Nifty declined 34.55 points, or 0.14 per...

India, Russia hold steel sector round table; focus on deeper cooperation

TazaPulseApril 16, 2026

India and Russia on Thursday held a round table to strengthen cooperation in the steel sector, focusing on supply chains, technology and research collaboration amid global uncertainties.A Russian delegation comprising industry representatives participated in discussions with Indian counterparts, enabling exchange of views on key issues such as raw material sourcing, technological collaboration, equipment manufacturing and...

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Burry buys the dip in Salesforce and other software stocks after sell-off

TazaPulseApril 16, 2026

Famed investor Michael Burry is wading back into beaten-down software stocks, betting the recent sell-off was driven more by technical factors than deteriorating business fundamentals. The “Big Short” investor said in a Wednesday Substack post that a “reflexive positive feedback loop” between falling equity prices and stress in bank debt tied to software companies helped...

Finance

Retail traders pile into Allbirds after odd AI pivot. History shows it won’t end well

TazaPulseApril 16, 2026

Sign on facade at shoe company Allbirds, Walnut Creek, California, August 25, 2025. Smith Collection | Archive Photos | Getty Images Retail traders stampeded into Allbirds after the troubled shoemaker slapped an artificial intelligence label on its business, a set-up that market history suggests rarely ends well once the initial hype fades. Shares of the...

US stock market today (April 16, 2026): Wall Street holds near record highs; oil surge, Iran war keep investors cautious

TazaPulseApril 16, 2026

Wall Street hovered near record levels on Thursday as investors paused after a sharp rally, weighing rising oil prices and uncertainty around the Iran conflict before making fresh bets.The S&P 500 slipped 0.1%, a day after hitting a new all-time high– its 10th gain in 11 sessions–while the Dow Jones Industrial Average fell 66 points...

Wipro buyback plan: Company announces Rs 15,000 crore share repurchase; ranks behind Infosys and TCS deals

TazaPulseApril 16, 2026

Wipro on Thursday approved a Rs 15,000 crore share buyback, its largest so far, even as the IT major’s offer remains smaller than recent repurchases by peers Infosys and TCS, PTI reported.The company’s latest buyback surpasses its Rs 12,000 crore programme in 2023, but trails Infosys’ Rs 18,000 crore offer –the largest by any Indian...

China’s GDP rises 5% in Q1 beating forecasts, Iran war impact limited so far

TazaPulseApril 16, 2026

China’s economic growth rebounded more than expected in the first quarter of 2026, suggesting limited immediate spillovers from the Iran war while giving policymakers more room to delay additional stimulus. Gross domestic product (GDP) in the world’s second-largest economy expanded 5.0% year-on-year in January-March, the fastest pace in three quarters, according to data released by...

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Stocks making the biggest moves premarket: PEP, TSM, VOYG, PPG

TazaPulseApril 16, 2026

Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage giant posted first-quarter results that beat analyst expectations, sending the stock 1% higher. PepsiCo earned an adjusted $1.61 per share on revenue of $19.44 billion. Analysts polled by LSEG expected a profit of $1.55 per share on revenue...