TazaPulse

IBC recovery crosses Rs 4.11 lakh crore, over 8,800 insolvency cases admitted

TazaPulseMay 20, 2026

More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) had been admitted under the Insolvency and Bankruptcy Code (IBC) till December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday, PTI reported.More than 4,000 corporate debtors have also been rescued through resolution, settlements, withdrawals...

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Pentagon taps Shield AI for low-cost missile program

TazaPulseMay 20, 2026

The Shield AI website arranged on a laptop computer in New York, US, on Friday, Feb. 13, 2026. Michael Nagle | Bloomberg | Getty Images The U.S. government is partnering with defense tech startup Shield AI as it seeks more affordable drones to combat soaring materials costs amid the war with Iran. The Office of...

IBBI rolls out new empanelment rules for insolvency professionals

TazaPulseMay 20, 2026

The Insolvency and Bankruptcy Board of India (IBBI) has introduced fresh guidelines for empanelment of insolvency professionals to streamline and speed up appointments in corporate insolvency and bankruptcy proceedings, PTI reported.The revised framework lays down procedures for preparing a panel of insolvency professionals (IPs) who can serve as Interim Resolution Professionals (IRPs), Resolution Professionals (RPs),...

PM Modi arrives in Rome for final leg of five-nation tour; India-Italy ties, trade on agenda

TazaPulseMay 20, 2026

NEW DELHI: Prime Minister Narendra Modi arrived in Rome on Tuesday (local time) for the final leg of his five-nation tour, where he is scheduled to meet Italian President Sergio Mattarella, hold bilateral talks with Prime Minister Giorgia Meloni, and participate in diplomatic engagements before departing for India on Wednesday.In a post on X, PM...

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These are the bond yield and oil levels that could break the bull market

TazaPulseMay 20, 2026

22V Research sees levels for bond yields and oil prices that could throw cold water on the bull market — and the firm is warning that they’re not too far off. Dennis DeBusschere, chief market strategist at the firm, said investors he surveyed expect the 10-year U.S. Treasury yield rising to 5% or oil prices...

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Google unveils AI model Gemini 3.5 and AI agent Gemini Spark

TazaPulseMay 19, 2026

Sundar Pichai, chief executive officer of Alphabet Inc., during the Google I/O Developers Conference in Mountain View, California, US, on Tuesday, May 19, 2026. David Paul Morris | Bloomberg | Getty Images Google is rolling out its latest version of Gemini and a new artificial intelligence model designed to simulate the physical world, as the...

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Mortgage rates surge to highest level since July

TazaPulseMay 19, 2026

Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty Images Growing concern over the trajectory of the war with Iran has bond yields rising and mortgage rates following suit. The average rate on the 30-year fixed loan rose 7 basis points Tuesday to 6.75%, according to Mortgage...

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Trump flexes endorsement power for Ken Paxton after ousting Cassidy

TazaPulseMay 19, 2026

GOP Texas Senate Candidate Ken Paxton speaks to supporters at a watch party on March 3, 2026 in Dallas, Texas. Paxton and incumbent John Cornyn will face off again in a run off. Sergio Flores | Getty Images President Donald Trump endorsed Texas Attorney General Ken Paxton in Texas’ Republican Senate primary runoff Tuesday, throwing...

Dow drops nearly 400 points as tech rally cools; Nvidia earnings in focus

TazaPulseMay 19, 2026

US stock markets extended losses on Tuesday, with Wall Street moving further away from record highs as technology stocks lost momentum and investors remained cautious over rising bond yields, oil price volatility and geopolitical uncertainty.The S&P 500 declined 0.5 per cent and was headed for its third consecutive decline after recently touching a record high....

Anthropic hires OpenAI cofounder Andrej Karpathy, former Tesla AI lead

TazaPulseMay 19, 2026

Andrej Karpathy Director of AI Tesla a keynote speaker at the Train AI conference at Pier 27 in San Francisco, Ca. on Thurs. May 10, 2018. Michael Macor | San Francisco Chronicle | Getty Images Andrej Karpathy, an artificial intelligence researcher who co-founded OpenAI before getting poached by Tesla, announced on Tuesday that he’s joining...