TazaPulse

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How the Iran war is raising costs for AI chip companies

TazaPulseMay 19, 2026

The AI rally continued this earnings season. But companies building the underlying hardware powering the boom warned that the Iran war is putting pressure on their supply chains and profitability. A spiraling conflict in the Middle East has seen oil prices skyrocket and supply chains crucial to the tech sector hamstrung. Shortages of key chipmaking...

Centre rejects rumours over turning temple gold into reserve

TazaPulseMay 19, 2026

The government on Tuesday dismissed rumours suggesting that it is planning to monetise gold held by temples and religious institutions across the country. The clarification came after several social media posts and media reports claimed that the Centre was preparing to issue gold bonds to temples in exchange for their gold reserves. Responding to the...

Congress targets Centre, takes ‘inflation man’ swipe at PM Modi

TazaPulseMay 19, 2026

NEW DELHI: Congress on Tuesday upped the ante against Prime Minister Narendra Modi-led central government after petrol and diesel prices were hiked by around 90 paise per litre, marking the second fuel price increase in less than a week following the end of a nearly four-year freeze by state-run oil companies.Sharing a post on its...

Finance

Standard Chartered to cut 15% of corporate functions roles by 2030

TazaPulseMay 19, 2026

Standard Chartered on Tuesday announced it would cut more than 15% of its corporate functions roles by 2030, while setting higher medium-term profitability targets. The workforce reduction is part of the lender’s efforts to raise income per employee by around 20% by 2028, StanChart said. According to its 2025 annual report, corporate function roles include employees in human...

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Three major shifts from the Trump-Xi meeting

TazaPulseMay 19, 2026

U.S. President Donald Trump (R) gestures to China’s President Xi Jinping as he leaves after a visit to Zhongnanhai Garden in Beijing on May 15, 2026. Evan Vucci | Afp | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot...

‘Bar on board meets applies only to SRTT’

TazaPulseMay 19, 2026

‘Bar on board meets applies only to SRTT’ Reprieve For Tata Trusts: Maharashtra Charity Commissioner Clarifies Order Issued Last WeekThe Maharashtra charity commissioner on Monday clarified that its order freezing board meetings applies only to Sir Ratan Tata Trust and not to other Tata trusts, providing significant relief to the Noel Tata-headed philanthropic group.The clarification...

Mountaineer Shradha Gupta advances towards Everest summit after historic Manaslu climb

TazaPulseMay 19, 2026

Indian mountaineer Shradha Gupta is currently on her Mount Everest expedition, marking another major milestone in her rapidly rising climbing journey after successfully summiting Mount Manaslu (8,163 metres) — the world’s eighth-highest mountain. NEW DELHI: Indian mountaineer Shradha Gupta is currently on her Mount Everest expedition, marking another major milestone in her rapidly rising climbing...

Liberty Mutual hikes stake in Indian arm

TazaPulseMay 19, 2026

AI representational image Boston headquartered Liberty Mutual Insurance has increased its stake in its Indian venture Liberty General Insurance to 74% as of May 18, after raising its shareholding from 49% to 55.4% in Sept 2025. The Indian insurance firm had started as a joint venture between Liberty and the Videocon Group.Videocon exited the joint...

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After U.S. SEC, Treasury and Justice departments offer Adani legal relief

TazaPulseMay 19, 2026

Gautam Adani, chairman of Adani Group, visits the VIP jetty ghat during the Kumbh Mela festival in Prayagraj, Uttar Pradesh, India, on Jan. 21, 2025. Photographer: Indranil Aditya/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The legal woes of Indian billionaire Gautam Adani in the U.S. are nearing an end as authorities move...

Top stocks to buy or sell today: Stock market recommendations for May 19, 2026

TazaPulseMay 19, 2026

Top stocks to buy today (AI image) Stock market recommendations: Bajaj Finserv, and Tata Elxsi are the top stocks to buy as per Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan’s recommendation for May 19, 2026. The expert has identified TVS Motor Company as a sell call:Bajaj Finserv: Buy in the range between...