TazaPulse

RBI eases outward remittance norms, removes prior approval requirement for non-bank entities

TazaPulseMay 13, 2026

The Reserve Bank of India (RBI) on Wednesday removed the requirement for non-bank entities to obtain prior approval for tie-up arrangements to facilitate outward remittance services through banks in India, PTI reported.The central bank also issued a revised operating framework for facilitating outward remittance services by non-bank entities through Authorised Dealer (AD) Category-I banks.“On a...

‘It is the right thing’: Former Army chief Naravane backs RSS general secretary Hosabale on dialogue with Pakistan | India News

TazaPulseMay 13, 2026

General (retired) MM Naravane; RSS general secretary Dattatreya Hosabale NEW DELHI: Former Army chief General (retired) Manoj Mukund Naravane on Wednesday backed Rashtriya Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale’s stand on greater people-to-people contact between India and Pakistan, saying stronger ties between citizens on both sides could help improve bilateral relations.Also Read | ‘India...

US stock markets today (May 13, 2026): Wall Street trades mixed as inflation worries offset tech rebound

TazaPulseMay 13, 2026

Wall Street traded mixed on Wednesday as another stronger-than-expected inflation report weighed on investor sentiment while a rebound in technology stocks helped limit losses, AP reported.The S&P 500 slipped 0.1 per cent in early trade, remaining close to the record high touched earlier this week. The Dow Jones Industrial Average fell 235 points, or 0.5...

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Nonprofit was ‘left for dead’

TazaPulseMay 13, 2026

A combination photo shows CEO of OpenAI Sam Altman (L) on April 28, 2026 and Elon Musk on April 29, 2026 during the trial in Elon Musk’s lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S. Manuel Orbegozo | Reuters OpenAI CEO Sam Altman testified in the Musk v. Altman trial...

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Nvidia partners with David Silver AI startup Ineffable Intelligence

TazaPulseMay 13, 2026

Nvidia has announced a partnership with an AI startup, just months after it was founded by a former top scientist at Google DeepMind. Ineffable Intelligence, which is pursuing superintelligence and was founded in late 2025 by UCL professor and former lead of DeepMind’s reinforcement learning team, David Silver, will enter into an engineering-level collaboration with...

Mother Dairy hikes milk prices by Rs 2 per litre from May 14

TazaPulseMay 13, 2026

Dairy product major Mother Dairy on Wednesday increased milk prices by Rs 2 per litre across key variants with effect from May 14, PTI reported.Separately, Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets products under the Amul brand, also raised milk prices by Rs 2 per litre across India.The latest back-to-back price revisions by two...

Uttarakhand govt announces fuel-saving measures, cuts ministers’ convoy size by 50%; pushes EV use | India News

TazaPulseMay 13, 2026

Uttarakhand chief minister Pushkar Singh Dhami on Wednesday announced a series of measures aimed at fuel and energy conservation during a Cabinet meeting held in Dehradun, citing global economic pressures arising from the Russia-Ukraine war and the ongoing Middle East crisis.The state government said the decisions were taken amid concerns over rising fuel prices, import...

US wholesale prices jump 6% in April, biggest rise since 2022 as Iran war lifts energy costs

TazaPulseMay 13, 2026

US wholesale inflation accelerated sharply in April, with producer prices recording their biggest annual increase since December 2022 as the 10-week Iran war pushed up energy costs and added pressure on companies to raise prices for consumers, AP reported.The US Labor Department said on Wednesday that its producer price index (PPI), which measures inflation before...

Amazon ditches Rufus AI chatbot in favor of Alexa shopping agent

TazaPulseMay 13, 2026

An Amazon device is displayed at an Amazon Devices launch event in New York City on Feb. 26, 2025. Brendan McDermid | Reuters Amazon is axing its Rufus chatbot and making its Alexa assistant the centerpiece of its artificial intelligence shopping strategy. The company on Wednesday launched Alexa for Shopping, an e-commerce bot that can...

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PPI inflation report April 2026:

TazaPulseMay 13, 2026

Wholesale prices in April posted their highest annual increase in more than three years, signaling more nettlesome inflation as pipeline costs intensify. The producer price index rose a seasonally adjusted 1.4% for the month, much higher than the 0.5% Dow Jones consensus forecast and the upwardly revised 0.7% March increase, the Bureau of Labor Statistics...