TazaPulse

indian banks avoid fresh gulf bets as iran crisis drags on

Priority operation: India rushes to evacuate 13 ships out of ‘volatile’ Hormuz as Gulf crisis deepens | India News

TazaPulseMay 30, 2026

The Centre on Friday launched a high-priority operation to guide 13 Indian-flagged commercial vessels safely out of the Strait of Hormuz as tensions continue to rise across West Asia and the Gulf region.The move forms part of a wider government effort involving multiple ministries to protect Indian citizens, seafarers and commercial interests amid growing instability...

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U.S. is right to ask allies to spend more on defense, Dutch DPM says

TazaPulseMay 30, 2026

Netherlands’ Deputy Prime Minister VVD party leader Dilan Yesilgoz-Zegerius speaks during a weekly press conference following the Council of Ministers in The Hague on April 10, 2026. (Photo by Robin Utrecht / ANP / AFP via Getty Images) / Netherlands OUT Robin Utrecht | Afp | Getty Images The U.S.’ call for allies to step...

Weak monsoon may hit consumption story

TazaPulseMay 30, 2026

MUMBAI/NEW DELHI/CHENNAI: India’s consumption looks headed for a near-term slowdown with predictions of an El Nino-weakened monsoon likely to bring the lowest rainfall in 11 years.Deficient rains may weigh on rural demand, impacting volume growth and crimping sales of a host of products ranging from soaps, shampoos, packaged food to two-wheelers and durables. For companies...

India 5th most digitalised economy: Report

TazaPulseMay 30, 2026

NEW DELHI: India has emerged as the world’s fifth most digitalised economy, overtaking several advanced nations as rapid adoption of artificial intelligence, digital public infrastructure and online services reshape the global technology landscape, according to a report released on Friday.The State of India’s Digital Economy (SIDE) 2026 report by the ICRIER-Prosus Centre for Internet and...

‘Part of process’: RSS downplays Cockroach Janata Party buzz, says Gen Z has tremendous faith in India | India News

TazaPulseMay 30, 2026

RSS prachar pramukh Sunil Ambekar dismissed concerns around the “Cockroach Janata Party” (CJP), saying that open debate and different views are normal in a democratic society.Speaking to reporters, Ambekar said that India is an aware society that functions through democratic processes, with transparent elections, a free media and active public debate. He said open discussions...

SC clears RIL of making illegal gain charge in 2007 RPL trading

TazaPulseMay 30, 2026

NEW DELHI: The Supreme Court on Friday cleared Reliance Industries (RIL) of the charge of making an illegal and undue gain of Rs 447 crore in 2007 while trading in Reliance Petroleum (RPL) shares by allegedly manipulating prices and set aside Securities Appellate Tribunal’s order allowing disgorgement of the profit.RIL had earned Rs 5,013 crore,...

AI giants make aggressive India pitches | India News

TazaPulseMay 30, 2026

MUMBAI: The India heads of AI world’s arch-rivals Anthropic and OpenAI took to the stage at the annual Tech Week here, pitching their suite of products to a room full of developers and founders.“What makes India really important in OpenAI’s journey is the opportunity centred around access, adoption and agency,” said Pragya Misra, OpenAI’s head...

‘If namaz on road wrong, ban all festival celebrations’: Owaisi points at ‘double standard’ | India News

TazaPulseMay 30, 2026

AIMIM chief Asaduddin Owaisi NEW DELHI: AIMIM chief Asaduddin Owaisi on Friday said that if offering namaz on roads is considered wrong, then restrictions should apply equally to religious activities of all faiths, citing Article 25 of the Constitution, which guarantees freedom of religion and the right to freely practise and profess one’s faith.Addressing an...

RBI’s income rose 26% to ‘4.3 lakh crore over dollar gains in FY26

TazaPulseMay 30, 2026

MUMBAI: RBI’s record surplus transfer of nearly Rs 2.9 lakh crore reflects a year in which gains from dollar investments, forex market intervention and robust domestic bond income combined to lift RBI’s total income by 26% to about Rs 4.3 lakh crore in FY26, up from Rs 3.4 lakh crore a year earlier.A large share...

Sensex slides 1,097 points on sub-par monsoon forecast

TazaPulseMay 30, 2026

MUMBAI: Reports that India is expected to see its driest monsoon in a decade spooked investors on Dalal Street on Friday. In late trades, sensex fell sharply to close nearly 1,100 points (1.4%) lower at 74,776 points. HDFC Bank, ICICI Bank and Reliance Industries contributed the most to the day’s fall in the index, exchange...