TazaPulse

RBI’s net short forward position hits record $106.6 billion amid rupee pressure

TazaPulseJuly 1, 2026

The rupee had slipped to a record low of 96.96 against the US dollar on May 20. According to market participants, repeated RBI intervention prevented the currency from breaching the psychologically important 97-per-dollar mark. After sustained intervention by the Reserve Bank of India’s (RBI) to support the rupee during a period of heightened volatility triggered...

‘Was offered Rs 35 crore’: TVK MLA alleges political horse-trading; 3 arrested, V Senthil Balaji named | India News

TazaPulseJuly 1, 2026

Complaint filed over alleged conspiracy to topple TVK-led Vijay government NEW DELHI: The Tamil Nadu Police arrested 3 people over an alleged horse-trading bid aimed at destabilising Vijay-led government. The action followed allegations by Tamilaga Vettri Kazhagam (TVK) MLA N Ilaiyaraja, who claimed he was offered Rs 35 crore to influence his vote on a...

Lamborghini reveals new Urus performance hybrid SUV after ditching EVs

TazaPulseJuly 1, 2026

The Lamborghini Urus SE Performante. Courtesy Lamborghini Lamborghini on Wednesday revealed a new hybrid performance model of its Urus SUV, as the Italian auto manufacturer continues to lean into gas-electric vehicles after abandoning plans for pure EVs. The Urus SE Performante features a more aggressive exterior design, including a larger grille and hood scoops, as...

India Gst Collections: GST revenue grows 13.9% in June, collections touch Rs 1.94 lakh crore

TazaPulseJuly 1, 2026

The latest collections were higher than the Rs 1,71,105 crore recorded in June 2025 India’s gross Goods and Services Tax (GST) collections rose 13.9 per cent year-on-year to Rs 1,94,812 crore in June 2026, driven largely by a sharp increase in tax revenues from imports, according to provisional data released by the finance ministry on...

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UAE’s MGX raises $49 billion fund to back AI companies

TazaPulseJuly 1, 2026

Abu Dhabi’s sovereign wealth fund MGX on Wednesday announced it has closed a $49 billion fund to back AI companies, making it one of the biggest ever investment vehicles focusing on the sector. Investors are racing to throw money behind AI companies, as they bet big on the transformational potential of the tech across enterprise....

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Trump says Council of Economic Advisers head Pierre Yared is leaving

TazaPulseJuly 1, 2026

Pierre Yared, acting chair of the Council of Economic Advisers, speaks to members of the media during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Tuesday, Feb. 24, 2026. Graeme Sloan | Bloomberg | Getty Images Pierre Yared is leaving his role as the acting chairman of the...

Asia News

Breakdown in US-Iran talks casts doubt over peace process

TazaPulseJuly 1, 2026

A traditional dhow boat is seen at sea, with towering skyscrapers on the Doha Corniche in the background in Doha, Qatar, on June 29, 2026. Nurphoto | Nurphoto | Getty Images Oil prices were slightly lower on Wednesday, after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern about...

Hormuz oil shock sends India back to Russia: Is this a peak or the new normal?

TazaPulseJuly 1, 2026

It is clear that Russia continues to be India’s single most important crude supplier and remains at the core of the country’s import strategy. (AI image) The US-Iran war has pushed India’s crude oil imports from Russia to an all-time high – beyond levels seen when Russian crude was available at big discounts in the...

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‘Portrayed as Lord Krishna’: BJP slams Samajwadi Party for ‘mocking Hindus’ over Akhilesh’s birthday havan | India News

TazaPulseJuly 1, 2026

NEW DELHI: Bharatiya Janata Party on Wednesday launched a scathing attack against the Samajwadi Party, accusing it of mocking Hindus after some of its workers allegedly performed a havan while portraying Akhilesh Yadav as Lord Krishna on his birthday.In a post on X, BJP spokesperson Pradeep Bhandari shared a video in which SP workers were...

Kia Seltos GTX(O), X-Line(O) launched: Price, features explained

TazaPulseJuly 1, 2026

Kia India has expanded the Seltos lineup with the launch of two new top-spec variantsGTX(O) and X-Line(O). These are priced from Rs 21.57 lakh, ex-showroom. The new trims bring additional safety, technology and convenience features and are available with both turbo-petrol and diesel engine options.One of the biggest highlights of the GTX(O) and X-Line(O) is...