Finance -

ITR filing: How to claim HRA exemption when filing income tax return – top points to keep in mind

TazaPulseJuly 1, 2026

Taxpayers should retain rent receipts, lease agreements, proof of rent payments, and other supporting documents. (AI image) ITR filing FY 2025-26: If you opt for the old income tax regime while filing your tax return, chances are that you avail the benefit of House Rent Allowance (HRA). This is a popular exemption available for taxpayers,...

Oil prices rise as Iran-US talks hit roadblock, supply fears return

TazaPulseJuly 1, 2026

Brent crude futures rose 33 cents, or 0.45%, to $73.28 a barrel, while US West Texas Intermediate (WTI) crude gained 34 cents, or 0.49%, to $69.84 a barrel. Crude oil prices rose on Wednesday as stalled talks between Iran and the US over a final agreement to end their conflict renewed concerns over crude supplies...

Will airfares get cheaper? Jet fuel prices cut to Rs 110/litre

TazaPulseJuly 1, 2026

Jet fuel prices cut down by Rs 5 per litre to Rs 110 NEW DELHI: The central government cut down the jet fuel, or aviation turbine fuel (ATF), prices for domestic airlines by Rs 5 per litre on Wednesday following a decline in international crude oil prices, offering some relief to after weeks of elevated...

Nine years of GST: From supply chain efficiency to capital efficiency in FMCG

TazaPulseJuly 1, 2026

Another area where substantial progress has been made is product classification. By Sanket Desai, Tax Partner, EY IndiaAs India completes nine years of the Goods and Services Tax (GST), the reform has emerged as one of the most significant catalysts for change in the FMCG sector. Introduced in July 2017, GST replaced a multitude of...

Bank of Baroda partners Mizuho bank for M&A financing

TazaPulseJuly 1, 2026

MUMBAI: Bank of Baroda and Mizuho Bank have entered a strategic partnership to jointly pursue M&A financing, structured lending, and cross-border corporate banking, as deal activity and capital needs rise. The tie-up combines Mizuho’s global network and structured finance expertise with Bank of Baroda’s domestic franchise and corporate relationships. It comes after Mizuho acquired a...

War-driven commodity inflation will take time to settle, says HUL’s Nitin Paranjpe

TazaPulseJuly 1, 2026

MUMBAI: Commodity inflation driven by the West Asia war has been ‘significant’ in the June quarter and it will take a while for things to come to normalcy, said Nitin Paranjpe, chairman at Hindustan Unilever (HUL), projecting short-term growth to be hit by volatility and challenges. The conflict that dragged on for months disrupted energy...

Taj Bandstand key to IHCL’s growth strategy

TazaPulseJuly 1, 2026

MUMBAI: Indian Hotels Company, which operates the Taj chain, plans to invest between Rs 6,000 crore and Rs 7,500 crore over the next five years to expand in India and select overseas markets, alongside fresh investments in digital and cybersecurity, chairman N Chandrasekaran told shareholders on Tuesday. The centrepiece is Taj Bandstand, a 50-storey, 500-plus-room...

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China-linked actors target more than technology as AI competition with U.S. intensifies

TazaPulseJuly 1, 2026

U.S.-based cybersecurity giant CrowdStrike has warned of increasing cyberattacks from China-based entities aimed at stealing artificial intelligence to narrow the tech gap with the U.S. Bill Hinton | Moment Mobile | Getty Images Cyberattacks aimed at stealing American artificial intelligence technology are increasingly expanding from tech-based attacks to the exploitation of human-level vulnerabilities, with China-based actors playing...

Finance

Burry shorts Caterpillar after it nearly doubled in AI rally of 2026

TazaPulseJuly 1, 2026

Michael Burry attends “The Big Short” New York screening Ziegfeld Theater on Nov. 23, 2015, in New York City. Astrid Stawiarz | Getty Images Michael Burry said Tuesday he has placed a bearish wager against Caterpillar, believing the construction-equipment maker has become one of the market’s most overvalued beneficiaries of the artificial intelligence investment boom....

45% of homes will need electrical upgrades to charge EVs: Study

TazaPulseJuly 1, 2026

45% of homes will need electrical upgrades to charge EVs: Study NEW DELHI: Amid the push for EVs and Delhi govt’s policy of stopping registration of CNG- and petrol-fuelled threewheelers from Jan 2027 and two-wheelers from April 2028, a study released Tuesday has found nearly 45% of Indian homes need electrical upgrades to safely charge...