TazaPulse

Oil price today: Brent rises 1% as Middle East conflict continues Hormuz shipping disruption

TazaPulseAugust 7, 2026

Crude prices continue to rise, as traders remain cautious due to Hormuz disruption. Oil prices inched higher on Friday as traders turned cautious due to uncertainty over shipping through the Strait of Hormuz alongside US President Donald Trump’s recent remarks that the war could end “pretty soon.“Around 7:25 am IST, Brent crude was trading 84...

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VW top investor calls for faster overhaul to fend off Chinese rivals

TazaPulseAugust 7, 2026

Clouds gather over the Zwickau Volkswagen Plant on July 9, 2026 at the Zwickau, eastern Germany. Volkswagen workers staged protests nationwide on July 9 as unions warned of “major conflict” if the struggling German car giant pushes ahead with what could be the global auto industry’s biggest restructuring. – | Afp | Getty Images Volkswagen‘s...

Gold price prediction: Buy on dips the right strategy for gold right now? Check August 7, 2026 outlook

TazaPulseAugust 7, 2026

For gold, from a technical standpoint, the 8-period EMA continues to trade above the 21-period EMA, Gold price prediction today: The technical structure for gold is bullish and prices are expected to go up, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.MCX Gold October futures continue to trade with a positive...

‘They don’t need a certificate from you’: Priyanka hits back at RSS chief Bhagwat’s Gen Z outreach | India News

TazaPulseAugust 7, 2026

NEW DELHI: Congress MP Priyanka Gandhi Vadra on Friday criticised RSS chief Mohan Bhagwat’s recent remarks on Gen Z and Gen Alpha, saying young Indians do not need his “certificate” or endorsement.Speaking to reporters outside Parliament, the Congress general secretary and Wayanad MP said, “They don’t need a certificate from RSS Chief Mohan Bhagwat ji.”Priyanka...

RBI: Defaulters’ devices can be locked gradually

TazaPulseAugust 7, 2026

RBI retained safeguards to protect borrowers even as it allowed operational flexibility MUMBAI: RBI has eased its proposed norms on device disablement for EMI-financed gadgets and relaxed disclosure requirements for recovery agents after industry feedback, while retaining safeguards for borrowers.In its revised directions on conduct of regulated entities and engagement of recovery agents, RBI has...

Tata Sons stays, 4 more PSUs enter NBFC upper layer

TazaPulseAugust 7, 2026

Four public sector infrastructure and development finance institutions have been added to the primary list MUMBAI: Reserve Bank of India on Thursday released the revised list of upper layer NBFCs for FY27 under the scale-based regulation framework, expanding the pool with the addition of public sector infrastructure financiers while retaining Tata Sons on the list...

Govt bars firms filing fake drug data from seeking fresh approvals | India News

TazaPulseAugust 7, 2026

Govt bars firms filing fake drug data from seeking fresh approvals. (Photo: IANS) NEW DELHI: In a major crackdown on regulatory fraud in the pharmaceutical sector, the Centre has amended the Drugs Rules, 1945 to empower drug regulators to temporarily debar companies that submit fake or fabricated data while seeking approvals for drugs and related...

Next budget may see lowering of customs duties: FM

TazaPulseAugust 7, 2026

In the last few budgets, customs duty simplification has been a focus area, with fewer slabs and correction of the inverted duty structure, where tariff on a product is lower than an input in the value chain. NEW DELHI: Finance minister Nirmala Sitharaman said on Thursday that she will focus on lowering customs tariffs in...

rbi set to bar nbfcs from offering revolving credit

Rbi: RBI bars NBFCs from offering revolving credit facilities

TazaPulseAugust 7, 2026

According to draft directions issued by the central bank, NBFCs will be barred from offering revolving credit products and will be required to offer only credit facilities in the nature of term loans MUMBAI: RBI has proposed a sweeping overhaul of credit facility norms for non-banking financial companies, mandating a shift to term-loan structures while...

Vijay vs Udhayanidhi: CM rejects DMK’s all-party meet demand on Mekedatu and Cauvery dispute | India News

TazaPulseAugust 7, 2026

CM Vijay rejects all-party meet NEW DELHI: Tamil Nadu chief minister C Joseph Vijay on Friday ruled out an all-party meeting on Karnataka’s proposed Mekedatu Dam and the Cauvery water dispute, rejecting leader of opposition Udhayanidhi Stalin‘s demand and urging the opposition not to “play politics” over the issue.Speaking in the assembly, Vijay asserted that...