Finance -

US judge: No quick dismissal of Adani case

TazaPulseJune 27, 2026

US judge: No quick dismissal of Adani case A US judge ordered the Justice Department on Friday to justify its decision to drop criminal charges against Indian billionaire Gautam Adani, ‌declining to rule immediately on Adani’s lawyers’ request to dismiss the case.Brooklyn-based US District Judge Nicholas Garaufis said federal prosecutors’ May 18 announcement that they...

Uber’s Prabhjeet Singh to be OpenAI’s MD in India

TazaPulseJune 27, 2026

OpenAI has appointed Prabhjeet Singh, Uber’s president for India and South Asia, as its managing director for India, marking one of the company’s most significant senior hires in the country as it looks to deepen its presence in one of its top priority markets. Singh will join OpenAI in Sept and report to Kiran Mani,...

AI’s newest apprentices: Directors in boardrooms

TazaPulseJune 27, 2026

BENGALURU: Corporate boardrooms are witnessing a quiet but significant shift: directors are becoming AI’s newest apprentices. The change reflects a growing recognition that AI’s impact extends far beyond technology. Directors are increasingly seeking a deeper understanding of how the technology can reshape operations, improve productivity and alter competitive positioning. In many companies, AI has become...

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SpaceX will join Nasdaq-100

TazaPulseJune 27, 2026

The stock of SpaceX continues its consolidation phase on the New York Stock Exchange one week after its Nasdaq listing. Samuel Boivin | Nurphoto | Getty Images SpaceX became one of the quickest additions ever to the Nasdaq-100 index, setting up a fresh wave of buying from passive investors less than a month after the...

Why India making its own bullet trains is a big deal – explained

TazaPulseJune 27, 2026

Manufacturing bullet trains involves an entirely different set of capabilities. (AI image) Come 2027 and India may launch its first bullet train service. The Surat–Bilimora section of the Mumbai-Ahmedabad bullet train project is expected to be operational by August 2027. While that will put it into a league of few countries that have high-speed rail...

8th Pay Commission: Will fitment factor stay close to 2.57? Why a cautious approach is expected

TazaPulseJune 27, 2026

Employee unions have sought a substantially higher fitment factor of 3.83. (AI image) 8th Pay Commission news: The Eighth Central Pay Commission is expected to adopt a measured approach while deciding the fitment factor, keeping in view the financial implications for both the Centre and the states as it moves into the concluding phase of...

Green urea push: Centre plans 7.24 lakh MT green ammonia procurement to reduce fertiliser imports

TazaPulseJune 27, 2026

The Department of Fertilisers (DoF) has issued an Invitation for Expression of Interest (EOI) for setting up Green Urea plants and recently held a high-level pre-EOI meeting. The Centre has drawn up a roadmap to kickstart Green Urea production in India, proposing annual procurement of 7.24 lakh metric tonnes (MT) of Green Ammonia under the...

CFTC is conducting an investigation into Polymarket, source says

TazaPulseJune 27, 2026

Signage at the Situation Room by Polymarket pop-up bar in Washington, DC, US, on Friday, March 20, 2026. Graeme Sloan | Bloomberg | Getty Images The Commodity Futures Trading Commission has an ongoing, extensive investigation into prediction market platform Polymarket, according to a person familiar with the inquiry. The Wall Street Journal first reported the...

India’s economy may grow up to 6.8% in FY27 as domestic demand stays resilient: EY

TazaPulseJune 26, 2026

India’s economy is expected to grow 6.6-6.8% in FY27, with easing global energy prices and the normalisation of shipments through the Strait of Hormuz likely to improve growth and inflation prospects India’s economy is expected to grow 6.6-6.8% in the current financial year, with easing global energy prices and the normalisation of shipments through the...

US stock market today: AI stocks sink again, pulling Wall Street towards weekly loss

TazaPulseJune 26, 2026

Among the biggest drags was Micron Technology, whose shares fell 5.5%. The memory-chip maker has been one of Wall Street’s biggest winners this year, with its stock roughly quadrupling as AI-driven demand boosted sales. Wall Street slipped on Friday as another sharp selloff in artificial intelligence (AI)-linked stocks outweighed gains across much of the broader...