Business -

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Egg prices fall due to oversupply after bird flu shortages

TazaPulseMay 22, 2026

Customers shop for eggs at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | Getty Images Egg prices are finally cooling in a welcome shift for consumers. But now a new challenge is sending producers scrambling: they have too many eggs at a time when their input costs are rising....

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IMAX could be for sale. Here’s who would buy it

TazaPulseMay 22, 2026

Moviegoers watch the film Ne Zha 2 at an IMAX GT Cinema on February 23, 2025 in Guiyang, Guizhou Province of China. China News Service | China News Service | Getty Images Wall Street is buzzing following reports that IMAX is exploring a sale. Shares of the movie theater technology company were up roughly 14%...

RBI’s record dividend payout of Rs 2.87 lakh crore: How will it help government amid Middle East crisis?

TazaPulseMay 22, 2026

The Reserve Bank of India (RBI) has announced a record dividend payout of Rs 2.87 lakh crore to the government for FY 2026-27. The payout comes at a time when the economy is dealing with the effects of the US-Iran war and global oil price shock. The dividend announced on Friday is the highest ever...

India blocks China’s WTO panel bid over solar support measures, dispute set for next stage

TazaPulseMay 22, 2026

India has blocked China’s request to establish a dispute settlement panel at the World Trade Organization (WTO) in a case challenging New Delhi’s support measures for the solar cells, modules and information technology sectors, PTI reported.China had earlier this month approached the WTO’s dispute settlement body seeking the formation of a panel after bilateral consultations...

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IMAX has held ‘preliminary talks’ with potential buyers: Source

TazaPulseMay 22, 2026

An Imax private screening for the movie “First Man” at an AMC theater in New York on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images Shares of premium theater company IMAX jumped after the closing bell Thursday following a report that it’s exploring a sale. A source familiar with the company...

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AvalonBay, Equity Residential apartment merger: What it means

TazaPulseMay 22, 2026

The AvalonBay Communities Inc. Park Loggia condominium, center, is reflected in a building in New York, U.S. Mark Abramson | Bloomberg | Getty Images The biggest ever merger of real estate investment trusts — the combination of Equity Residential and AvalonBay, announced Thursday — has investors and analysts alike left with dropped jaws. The all-stock...

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Walmart, Home Depot, Target apply

TazaPulseMay 22, 2026

President Donald Trump suggested last month he would look out for companies that didn’t seek tariff refunds after the Supreme Court struck down his wide-ranging global duties. At first, some major firms like Amazon appeared to be holding off on asking for money back over concerns they’d offend the often transactional president and end up...

Hormuz crisis: Venezuela becomes India’s third-largest crude oil supplier in May

TazaPulseMay 22, 2026

Venezuela has emerged as India’s third-largest crude oil supplier so far in May, overtaking Saudi Arabia and the United States, as Indian refiners increased purchases of cheaper heavy crude amid disruptions linked to the ongoing West Asia conflict.The South American nation supplied around 417,000 barrels per day (bpd) to India this month, sharply higher than...

Maruti to raise prices by up to Rs 30k from June

TazaPulseMay 22, 2026

NEW DELHI: India’s largest carmaker Maruti Suzuki will raise prices across its vehicle line up by up to Rs 30,000 from next month, citing elevated inflationary pressures and a persistently adverse cost environment. Some of the other car makers indicated that they are also reviewing prices, while some have already raised it.In a regulatory filing...

rupee recovers from record low rises 21 paise to 86

RBI steps in with heavy dollar sales to defend rupee as currency rebounds from record lows: Report

TazaPulseMay 22, 2026

The Reserve Bank of India (RBI) sold an estimated $2 billion to $3 billion on Thursday to defend the rupee against sustained pressure, and stepped in again on Friday, helping the currency strengthen past the 96-per-dollar mark, according to bankers cited by Reuters.The rupee rose 0.64 per cent to close at 96.20 against the US...