TazaPulse

Currency falls to 96.70 against dollar after eighth straight session of losses

TazaPulseMay 19, 2026

The rupee extended its losing streak for an eighth consecutive session on Tuesday, tumbling 50 paise to close at a record low of 96.70 against the US dollar amid elevated crude oil prices, persistent foreign fund outflows and a stronger dollar driven by global risk aversion, PTI reported.The rupee, which has emerged as Asia’s worst-performing...

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Trump DOJ fund might pay Jan. 6 defendants, Blanche says

TazaPulseMay 19, 2026

Acting U.S. Attorney General Todd Blanche testifies during a Senate Committee on Appropriations, Subcommittee on Commerce, Justice, Science, and Related AgenciesHearing in the Dirksen Senate Office Building on Capitol Hill on May 19, 2026 in Washington, DC. Anna Moneymaker | Getty Images Acting Attorney General Todd Blanche on Tuesday would not rule out allowing people...

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Investors are leaving cash to buy stocks. That’s a sell signal, Bank of America says

TazaPulseMay 19, 2026

A contrarian signal just flashed and is warning traders that it could be time to get out of the stock market, or at least limit exposure. Investors are flooding out of cash to buy stocks, with collective cash levels dropping to 3.9% of portfolios, from 4.3%, according to a widely-followed survey of fund managers from...

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See the full list of companies and rankings

TazaPulseMay 19, 2026

CNBC | Igor Gnedo, Antonina Lepore & Adrianne Paerels There’s a big change at the top of the CNBC Disruptor 50 with Anthropic rising to No. 1 in 2026. Companies across the economy raced to embrace AI over the past year rather than risk being left behind by it, and that’s put the generative AI...

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Trump says he was an hour away from Iran strike decision before delay

TazaPulseMay 19, 2026

US President Donald Trump speaks to the press near the construction site of his proposed ballroom at the White House in Washington, DC, on May 19, 2026. Kent Nishimura | Afp | Getty Images President Donald Trump said he was “an hour away” from deciding whether to attack Iran on Tuesday before he was convinced...

Banks may have to disclose detailed capital, liquidity and risk data under Basel III norms

TazaPulseMay 19, 2026

The Reserve Bank of India (RBI) on Tuesday proposed a revised disclosure framework under Basel III norms that would require banks to publish more detailed information on capital adequacy, leverage, liquidity and risk exposure, in a move aimed at strengthening transparency and market discipline, PTI reported.Under the proposed framework, banks would be required to make...

‘Need more sambandh’: Iceland PM draws attention to ‘purely Icelandic word’ with PM Modi on stage at Nordic conference

TazaPulseMay 19, 2026

NEW DELHI: Iceland PM Kristrún Frostadóttir drew attention to the word “sambandh,” noting its linguistic and emotional resonance between India and Iceland. Speaking during the India-Nordic Summit on Tuesday, the remarks came in response to Prime Minister Narendra Modi’s use of the word where he highlighted that in several Nordic languages, the word had the...

CEA Nageswaran says India facing ‘live balance of payments stress test’: What it means

TazaPulseMay 19, 2026

India appears to be facing one of its toughest economic challenges in recent years. (AI image) India appears to be facing one of its toughest economic challenges in recent years. Oil, gold, fertiliser and other commodity prices are elevated. The foreign portfolio investors are continuing to sell. Imports remain unabated. Exports are facing headwinds. Remittances...

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Modular data center builder Armada raises $230 million

TazaPulseMay 19, 2026

Armada co-founders Dan Wright (L) and John Runyan (R) Armada Armada, which builds modular data centers that are becoming increasingly popular with customers in defense, energy and the military sector, raised $230 million from investors in a Series B fundraising round announced on Tuesday. San Francisco-based Armada, which was named to the 2026 CNBC Disruptor...

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Why car wash real estate is cleaning up

TazaPulseMay 19, 2026

Key Points The 100% bonus depreciation passed by the Trump administration is delivering a boost to car wash real estate. The car wash business has evolved markedly over the last decade as private equity investors flock to the recurring revenue. Typically, private equity buys the car wash business and then sells the property to an...