TazaPulse

108311028 1779432514944 gettyimages 2276029086 3e7a6436

U.S. conducts ‘self-defense strikes’ in Iran as Trump seeks peace deal

TazaPulseMay 26, 2026

An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images U.S. forces conducted “self defense” strikes in southern Iran early Tuesday, with U.S. Central Command saying the military action was to “protect...

Oil price today: Brent crude jumps 2%, WTI inches close to $90 as US strikes on Iran dim peace hopes

TazaPulseMay 26, 2026

Oil prices remained mixed on Tuesday as hopes of progress in US-Iran talks were offset by fresh US military strikes in Iran. While the US oil benchmark West Texas Intermediate slipped 5.46% to $91.33 a barrel, Brent crude from the North Sea moved higher, gaining 2.35% to trade at $98.40 per barrel.The market reaction came...

Another coal ‘scam’ case falls flat, ex-minister Subodh Kant Sahay’s brother let off | India News

TazaPulseMay 26, 2026

NEW DELHI: A special CBI court in Delhi has acquitted the brother of former Union minister Subodh Kant Sahay and others in a coal block allocation case, strongly criticising the prosecution’s investigation and evidence.The former minister’s brother, Sudhir Kumar Sahay, was one of the directors of SKS Ispat & Power Ltd who was accused in...

Governor’s statement boosts rupee, closes 46p up at 95.23/$

TazaPulseMay 26, 2026

MUMBAI: The rupee gained paise to close at 95.23 against the dollar up 46 paise from its previous close of 95.69 following statements from the RBI governor in support of the currency combining with a softening of crude oil prices in the international market on hopes of an Iran-US truce.“The rupee has strengthened, and the...

108311481 1779503518780 gettyimages 2268092340 AFP A4YH6BF

CNBC’s The China Connection newsletter: Tariffs eased. Trust didn’t.

TazaPulseMay 26, 2026

Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. Now that the Trump-Xi summit has helped keep tariffs in check, Chinese companies and U.S. representatives alike are making the most of an extended...

Apple set to clock Rs 1.4 lakh crore revenue in FY26: Report

TazaPulseMay 26, 2026

NEW DELHI: Apple is set to overtake FMCG major Hindustan Unilever in revenue, as affluent Indian consumers spend more on premium smartphones and digital lifestyles while growth in traditional household staples slows.A report by Kotak Mahindra Mutual Fund estimates Apple India’s FY26 revenue at over Rs 1.4 lakh crore, more than twice HUL’s projected Rs...

Covid-like protocol imposed on flights from Ebola hotspots | India News

TazaPulseMay 26, 2026

NEW DELHI: Airlines flying in people to India who have been to Ebola hot zones in Africa, including the Democratic Republic of Congo (DRC) and Uganda, will now have to ensure such passengers file self-declaration forms (SDF) before arrival. Thermal screening will be done on passengers coming from the hotspots.In a move reminiscent of Covid...

RBI appoints committee on quantum tech in finance

TazaPulseMay 26, 2026

MUMBAI: As quantum computing moves from theory towards application, the RBI has set up an expert committee for a quantum-secure and adaptive financial ecosystem to assess how a technology that can solve complex financial problems could also threaten existing cryptographic standards.Quantum technology is different from regular computing because it can handle multiple possibilities at the...

Asia News

Sensex, Kospi, Nikkei 225, Hang Seng, Iran, Oil

TazaPulseMay 26, 2026

A man walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in Tokyo on April 7, 2025. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets were set to open broadly higher Tuesday as oil prices fell on renewed hopes for a breakthrough in the U.S.-Iran...

‘Extended war could trim companies’ profit margins’

TazaPulseMay 26, 2026

MUMBAI: Extended supply chain disruptions from the West Asia conflict could shave around 200 bps (100 bps= 1%) off India Inc’s operating profitability this fiscal year, pulling margins down from a pre-conflict expectation of around 12%, according to a stress test by Crisil Ratings.The agency assessed 34 sectors accounting for 65% of its rated corporate...