TazaPulse

Rupee hits 1-month closing high despite RBI repo rate pause; sliding crude oil prices help

TazaPulseAugust 5, 2026

Market participants said that any appreciation of the rupee beyond the 95-per-dollar mark is likely to trigger fresh demand for the US currency. The rupee strengthened to a one-month high on Wednesday, supported by lower crude oil prices. However, gains were trimmed after the Reserve Bank of India delivered its widely anticipated decision to keep...

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Disney weighs free, ad-supported streaming, says Super Bowl ads sold out

TazaPulseAugust 5, 2026

Rita Ferro, Disney’s president of global advertising, at Disney Upfront 2026. Courtesy: Disney Co. Disney could soon make a bigger play into advertising. During an earnings call with investors on Wednesday, CEO Josh D’Amaro said the company is exploring a free, ad-supported streaming product for consumers. “We see it as a way to expand our...

govt announces three day special session of parliament

‘No special session of Parliament on Women’s Reservation, Delimitation Bills’: Govt | India News

TazaPulseAugust 5, 2026

Union minister Kiren Rijiju announces special session of Parliament NEW DELHI: The government on Wednesday rejected media reports claiming that Parliament would convene a three-day special session from August 16 to 18 to consider the Women’s Reservation and Delimitation Bills.“No proposal to extend the dates of the Parliament session and no special session from August...

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Amazon’s Zoox to launch paid robotaxi rides in Las Vegas on Aug. 10

TazaPulseAugust 5, 2026

A Zoox electric autonomous robotaxi turns onto a street during the annual Consumer Electronics Show (CES) in Las Vegas, Nevada on January 7, 2026. Patrick T. Fallon | Afp | Getty Images Amazon-owned Zoox said Wednesday it will start offering paid robotaxi rides in Las Vegas beginning Aug. 10, marking the company’s first commercial launch...

GLP-1 drugs for employees cost $250M a year

TazaPulseAugust 5, 2026

Brian Moynihan, CEO of Bank of America, speaking to CNBC from Aspen, Co. on Aug. 5th, 2026. CNBC Bank of America spends more than $250 million a year covering GLP-1 weight loss drugs for its employees, CEO Brian Moynihan told CNBC on Wednesday, saying the rapidly rising cost is a worthwhile investment in his workforce....

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Saudi PIF and Kushner’s Affinity finalize $55 billion EA Sports deal

TazaPulseAugust 5, 2026

A sign is posted in front of Electric Arts headquarters on September 29, 2025 in Redwood City, California. Justin Sullivan | Getty Images News | Getty Images A consortium led by the Public Investment Fund of Saudi Arabia has announced the completion of the $55 billion acquisition of video games maker Electronic Arts. The deal...

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Trump admin. refunds $100 billion in ‘liberation day’ tariffs

TazaPulseAugust 5, 2026

An American flag flies near the Ever Memo container ship at the Port of Los Angeles on May 28, 2026 in Los Angeles, California. Mario Tama | Getty Images The Trump administration said it has refunded about $100 billion of the tariff revenue that was collected before President Donald Trump‘s “liberation day” duties were struck...

US stock market today: Wall Street scales new record highs; oil prices hold steady

TazaPulseAugust 5, 2026

Markets have continued to rally as companies near the end of the latest earnings season. US stock market today: Wall Street stocks moved higher in early trading on Wednesday, extending the record-setting momentum from the previous session, while oil prices remained largely stable.The S&P 500 advanced 0.5%. By 9:53 a.m. Eastern time, the Dow Jones...

IMA threatens nationwide strike over Maharashtra move to register CCMP-trained Homeopaths | India News

TazaPulseAugust 5, 2026

IMA Headquarters termed the government’s August 3 Government Resolution (GR) “illegal”. NEW DELHI: The Indian Medical Association (IMA) has threatened a nationwide strike if the Maharashtra government does not withdraw its recent decision permitting registration of BHMS graduates (Homepathy) who have completed the Certificate Course in Modern Pharmacology (CCMP) with the Maharashtra Medical Council (MMC).In...

Situational Awareness meltdown was warning shot

TazaPulseAugust 5, 2026

Leopold Aschenbrenner (L) and Bank of America CEO Brian Moynihan. Photo: Josh Edelson (L) | Oscar Molina (R) Bank of America CEO Brian Moynihan on Wednesday called the recent near-collapse of high-flying AI hedge fund Situational Awareness a warning shot for financial markets that are being fueled by elevated valuations and borrowed money. Last week,...