Finance -

Finance

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Crude comeback: IOCL, HPCL buy 7 million barrels of energy supplies

TazaPulseJuly 6, 2026

India’s state-owned oil refining giants stepped up crude purchases last week, securing millions of barrels through separate tenders. According to sources cited by Reuters, Indian Oil Corp (IOC) and Hindustan Petroleum Corp (HPCL) together bought around 7 million barrels of crude, with the cargoes scheduled for delivery over the coming months.IOC accounted for 5 million...

ITR filing FY 2025-26: Top 10 mistakes taxpayers should avoid for income tax returns online filing – checklist

TazaPulseJuly 6, 2026

Selecting an incorrect ITR form can result in the return being treated as defective. (AI image) ITR filing: Which is the correct tax return form for you? ITR-1 to ITR-7 eligibility explainedITR filing FY 2025-26: Filing your income tax return can seem to be a daunting task. This annual exercise should be completed with extreme...

Gold price prediction today: Will gold prices see limited upside? Key levels to watch out for July 6, 2026 week

TazaPulseJuly 6, 2026

Upside in bullion may remain limited as inflation continues to stay above the Federal Reserve’s 2% target. (AI image) Gold price prediction today: Gold prices are likely to see a limited upside because of high inflation in the US, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold inched higher in...

FMCG Q1 demand stable; companies flag El Nino risk

TazaPulseJuly 6, 2026

MUMBAI: Demand for soaps, shampoos, packaged food and other household supplies remained stable in the June quarter despite hike in prices amid a broader inflationary environment driven by the West Asia war, companies said in their quarterly updates.El Nino conditions and its bearing on monsoon rains could, however, weigh on rural consumption going ahead, firms...

Bank holiday today: Where are banks shut on July 6? Check state-wise list

TazaPulseJuly 6, 2026

AI generated image, used only for representational purpose Planning a bank visit? You might need to reschedule as banks across some parts of the country will remain closed on Monday. Knowing bank holidays in advance can help you to avoid an unnecessary trip, especially if you have time-sensitive branch work such as submitting documents, processing...

crude slips after opec raises august production targets

Oil price today: Crude slips after OPEC+ announces raising output targets from August

TazaPulseJuly 6, 2026

Oil prices edged lower early on Monday after OPEC+ agreed to raise production targets again from August, while improving exports from the Gulf and higher Russian shipments fuelled expectations of increased global crude supplies.While Brent crude slipped 0.58% to $71.70 a barrel, WTI crude was down 0.36% at $68.44 a barrel around 7:30 am IST....

Dalal Street to track oil, earnings, global trends

TazaPulseJuly 6, 2026

NEW DELHI: Trading sentiment in the stock market this week will depend on crude oil prices, global trends and the start of corporate earnings season with IT bellwether TCS reporting its June-quarter financial results on July 9, analysts said.Besides, the advancement of the southwest monsoon and trading activity of foreign investors would also influence market...

China’s Z.ai a challenger to OpenAI and Anthropic

TazaPulseJuly 6, 2026

NEW DELHI: Chinese artificial intelligence startup Z.ai is emerging as a fresh challenger to OpenAI and Anthropic after its latest flagship model GLM-5.2 gained traction among developers for delivering advanced coding and AI agent capabilities at a significantly lower cost.The Beijing-based company’s latest model has climbed developer rankings and drawn praise from prominent AI figures,...

CaratLane may go to West Asia Damas way

TazaPulseJuly 6, 2026

MUMBAI: Titan’s CaratLane may look to tap into Dubai’s Damas Jewellery to foray into West Asia, scrapping earlier plans to launch into the region on its own, a top company executive said even though the scourge of the war on the region might prolong the entry timeline.Titan has bought a majority 67% stake in Damas...

15 fertiliser cargo vessels cross strait of hormuz safely amid middle east conflict

15 India-bound ships carrying urea, DAP and sulphur cross Hormuz: Govt

TazaPulseJuly 5, 2026

Despite the recent Middle East disruptions, India’s fertiliser supply has remained largely on track, with most shipments crossing the Strait of Hormuz safely and domestic production exceeding targets, according to the ministry of chemicals and fertilisers.The ministry said that out of 20 vessels carrying fertilisers and raw materials for India, 15 have successfully crossed the...