TazaPulse

Rupee slides 44 paise against dollar as rising oil prices and Middle East tensions weigh

TazaPulseMay 26, 2026

The rupee weakened by 44 paise to close at 95.70 against the US dollar on Tuesday, pressured by renewed geopolitical tensions in West Asia, rising crude oil prices and a stronger American currency, PTI reported.Forex traders said weak domestic equities also added pressure on the local currency.At the interbank foreign exchange market, the rupee opened...

Nvidia stock faces a key level that could make or break where it goes next

TazaPulseMay 26, 2026

Nvidia is definitely one to watch this week. After reporting an absolute blowout last week, the Club name has traded lower. Early Tuesday, it was looking to bounce off Friday’s close of $215, before some pressure set in. Why does that matter? We know the fundamentals are as strong as ever at the AI chip...

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Wells Fargo to offer mortgage incentives on 3D printed homes with Icon

TazaPulseMay 26, 2026

A version of this article also appears in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. In the race...

Petrol pain: How fuel price hike complicates RBI’s inflation fight

TazaPulseMay 26, 2026

Fuel price hikes impact the common man through several channels, leading to lower disposable income in hand, higher cost of travel. (AI image) Almost three months after the start of the US-Iran war, the economic fallout from the Middle East is beginning to hit home. Finance Minister Nirmala Sitharaman has expressed concern on 3Fs: fuel,...

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Trump to host Cabinet at Camp David as Iran talks continue

TazaPulseMay 26, 2026

US President Donald Trump gestures as he speaks to reporters after arriving on the South Lawn of the White House in Washington, DC, on May 15, 2026. Alex Wroblewski | AFP | Getty Images President Donald Trump and his entire Cabinet will meet at Camp David on Wednesday, a White House official told CNBC on...

Insurers told to link top management’s pay with claim response, grievance handling: Irdai

TazaPulseMay 26, 2026

Insurance regulator Irdai has directed insurers to link the remuneration of managing directors (MDs), chief executive officers (CEOs) and other senior executives to customer-centric outcomes, including claim responsiveness, grievance redressal and the overall financial health of the company, PTI reported.The Insurance Regulatory and Development Authority of India (Irdai) issued amendments under the IRDAI (Corporate Governance...

Technology

Micron hits $1 trillion market cap for the first time

TazaPulseMay 26, 2026

Jonathan Raa | Nurphoto | Getty Images Micron topped a $1 trillion market value for the first time on Tuesday as shares popped 18%, driven by insatiable artificial intelligence demand for its memory chips. The stock surge came as UBS nearly tripled its price target on the stock from $535 to $1,625 a share, citing...

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American Airlines picks SpaceX’s Starlink for in-flight Wi-Fi

TazaPulseMay 26, 2026

Anadolu | Anadolu | Getty Images American Airlines plans to outfit more than 500 of its narrow-body aircraft with Starlink, handing another win to Elon Musk‘s SpaceX unit that has made inroads with major carriers for in-flight Wi-Fi. American was evaluating Starlink and Amazon Leo as recently as March for the service. The airline announced...

Centre to offload up to 2% stake in Coal India through OFS, sets floor price at Rs 412 per share

TazaPulseMay 26, 2026

In a posh to raise around Rs 5,000 crore for the exchequer, the government will sell up to a 2 per cent stake in Coal India through an offer for sale (OFS), with a floor price of Rs 412 per share, PTI reported.The sale comprises a base offer of 1 per cent equity and an...

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Judges block Alabama districts that would dilute Black vote

TazaPulseMay 26, 2026

A demonstrator holds up a sign outside the Alabama Statehouse in Montgomery, Ala., on Thursday, May, 7 2026. Kim Chandler | AP A panel of federal judges on Monday blocked Alabama from using congressional district maps that would dilute the votes of Black people in the 2026 midterm elections. The ruling in U.S. District Court...