TazaPulse

Rising yields impact states’ borrowing costs

TazaPulseMay 20, 2026

MUMBAI: Six states raised a total of Rs 20,100 crore in the latest state development loan auction conducted by RBI on Tuesday, with weighted average yields ranging between 7.6% and 7.9% across tenures of 6 to 30 years. The results are in line with the rise in yields on central govt bonds where 10-year bond...

17 properties with links to Abhishek under KMC lens

TazaPulseMay 20, 2026

KOLKATA: ‘Shantiniketan’, at Harish Mukherjee Road where a notice was pasted Monday for alleged unauthorised construction, is among the 17 properties “owned or co-owned by Abhishek Banerjee, his company and family” that are under the scrutiny of Kolkata Municipal Corporation, an official of KMC said. Officials said notices under section 400(1) of the KMC Act,...

BPCL Q4 profit flat, FY26 net soars 75%

TazaPulseMay 20, 2026

NEW DELHI: State-owned Bharat Petroleum Corporation (BPCL) reported a flat net profit in Q4FY26 after taking an impairment loss of Rs 4,349 crore on its upstream assets. It’s net profit in Q4 was Rs 3,191.5 crore compared with Rs 3,214.1 crore in the year-ago period. For FY26, its net profit soared 75% YoY to Rs...

Asia News

Goldman Sachs on North versus South Asian stocks

TazaPulseMay 20, 2026

An employee smiles while looking at her mobile phone in front of a digital board showing the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange (KRX) in Seoul, South Korea, on April 21, 2026. Chris Jung | Nurphoto | Getty Images North Asian markets are outperforming those in the south of the continent,...

Gold falls 1.4% as high yields, strong $ weigh

TazaPulseMay 20, 2026

Gold prices fell by more than 1% on a firmer US dollar and as persistent inflation fears kept interest rate hike expectations and US treasury yields high. Spot gold was down 1.4% at $4,504 per ounce. Prices fell to their lowest level since March 30 earlier in the session. US gold futures for June delivery...

Standards for fuel blends up to E30 notified

TazaPulseMay 20, 2026

NEW DELHI: Govt has notified a new standard for higher ethanol-petrol blends — E22, E25, E27 and E30 fuels — paving the way for blending of ethanol in petrol beyond the current 20% level. The govt push to increase ethanol blending comes amid reports of availability of surplus ethanol and to reduce crude imports due...

Rupee slides to new low of 96.53 vs dollar

TazaPulseMay 20, 2026

MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustained high crude oil prices and adverse global cues weighed on the currency. The local unit closed 18 paise lower compared to 96.35 in the previous session, after touching an intraday...

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Jim Cramer warns software stocks may be rallying for the wrong reason

TazaPulseMay 20, 2026

CNBC’s Jim Cramer said Tuesday that the recent rebound in beaten-down software stocks may be driven more by short covering than a meaningful improvement in fundamentals. “This is what I call a squeeze,” Cramer said on ” Squawk on the Street .” “A genuine hedge fund squeeze.” Software names outperformed on Tuesday as investors rotated...

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Republican Rep. Thomas Massie loses Kentucky primary

TazaPulseMay 20, 2026

Representative Thomas Massie, a Republican from Kentucky, speaks during a campaign event ahead of a primary election at Veterans Memorial Park in Vanceburg, Kentucky, US, on Monday, May 18, 2026. Kentucky will hold a primary election on May 19. Jeffrey Dean | Bloomberg | Getty Images Ed Gallrein, a former Navy SEAL backed by President...

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Treasury yields, Nikkei 225, Kospi

TazaPulseMay 20, 2026

Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Asia-Pacific markets fell on Wednesday as investors weighed elevated bond yields and renewed geopolitical tensions, following U.S. President Donald Trump’s statement on Tuesday that he was “an hour away” from deciding to attack Iran, before he was...