Finance -

For global scale banks, EAC-PM seeks mergers

TazaPulseAugust 26, 2026

Report’s findings show a significant turnaround in banking efficiency from FY15 to FY26. MUMBAI: A report published by the PM Economic Advisory Council has called for further consolidation of banks to create a few large institutions of similar size without compromising competition, as reforms over the past decade have sharply improved banking efficiency and reduced...

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Businesses concerned over India, Japan trade deal: Ficci president Anant Goenka

TazaPulseAugust 26, 2026

Anant Goenka also flagged challenges faced by pharma companies in registering their products in Japan. TOKYO: Ficci president Anant Goenka Tuesday said businesses have flagged concerns over current bilateral trade deal between India and Japan, which has resulted in widening of trade deficit since it was signed, and access to market here and suggested changes...

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BIS, comm min will work to support high-tech industries

TazaPulseAugust 26, 2026

Goyal also met a bunch of portfolio investors, including MUFG, Development Bank of Japan (DBJ), Mizuho, Morgan Stanley, Nomuraand Nippon Life. TOKYO: Amid concerns over some certification requirements, commerce and industry minister Piyush Goyal Tuesday said that BIS (Bureau of Indian Standards) and his ministry will work out a framework to support high-tech industries looking...

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Stocks making the biggest moves midday: DKS, MRVL, AMD, KURA

TazaPulseAugust 25, 2026

Check out the companies making the biggest moves midday: Dick’s Sporting Goods — Shares plunged more than 27% following a revenue disappointment out of the sports equipment retailer, which cited a “challenging” market for footwear. Dick’s posted sales of $5.59 billion, lower than the $5.65 billion expected by analysts polled by LSEG. The stock was...

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Chinese banks face U.S. sanctions threat over Iran ties — what can they do?

TazaPulseAugust 25, 2026

Pictured here is the crude oil refinery Sinopec Jinling Petrochemical Plant in Nanjing, in China’s eastern Jiangsu province on May 8, 2026. Hector Retamal | Afp | Getty Images BEIJING — The U.S. is threatening to cut businesses that help Iran evade sanctions off from the American financial system. It puts China’s banks in an...

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Stocks making the biggest moves premarket: DKS, AMD, KURA

TazaPulseAugust 25, 2026

Check out the companies making headlines before the bell: Dick’s Sporting Goods — Shares plunged more than 12% following a revenue disappointment out of the sports equipment retailer, which cited a “challenging” market for footwear. Dick’s posted sales of $5.59 billion, lower than the $5.65 billion expected by analysts polled by LSEG. Advanced Micro Devices...

India a safe base, Piyush Goyal tells Japanese investors

TazaPulseAugust 25, 2026

Piyush Goyal pitches India as trusted, tariff-friendly base for Japanese firms TOKYO: It isn’t just high growth and an expanding market that make India an attractive destination for investors. Commerce and industry minister Piyush Goyal on Monday added India’s long list of FTAs and the possibility of Japanese companies using the preferential tariffs to set...

Trump’s SpaceX stake: US President invested up to $50,000 in Musk’s company – report

TazaPulseAugust 25, 2026

Trump and Musk had rocky ties with Musk having worked in White House but then having a public spat with now two being on talking terms again US President Donald Trump reportedly invested between $15,001 and $50,000 in Elon Musk’s SpaceX in June, according to a financial disclosure that reveals a new financial link between...

Fedex Delhi Cargo Hub: From 600 to 5,000 packages an hour: FedEx unveils $150 million Delhi cargo hub

TazaPulseAugust 25, 2026

Union Minister Ram Mohan Naidu during the groundbreaking ceremony of Federal Express Corporation’s (FedEx) integrated air cargo hub, in New Delhi Federal Express Corporation (FedEx) plans to invest around $150 million (over Rs 1,400 crore) to develop an integrated air cargo hub spread across 2.3 lakh square feet at Delhi’s Indira Gandhi International Airport (IGIA).The...

‘Gut punch’: What Trump’s new $103,265 H-1B visa fee proposal means for Indian aspirants

TazaPulseAugust 25, 2026

Employers have already spent the past year grappling with the prospect of a $100,000 H-1B payment. H-1B visas, one of the popular talent entry routes into the US for Indians, will soon come at an over 6-digit figure cost. The Donald Trump administration on Monday issued a proposed regulation that would make permanent an unprecedented...