Business -

Oil prices today: Crude slips after three-day rally as markets track Iran ceasefire and Donald Trump-Xi Jinping summit

TazaPulseMay 13, 2026

Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire linked to the Iran conflict and awaited the outcome of a high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping.As per Reuters, Brent crude futures fell 82 cents, or 0.76%, to $106.95...

Asian stocks today: Markets mixed as AI rally loses steam, oil prices and inflation worries weigh on sentiment

TazaPulseMay 13, 2026

Asian markets traded mixed on Wednesday as fading momentum in artificial intelligence-linked stocks, elevated oil prices and concerns over persistent inflation kept investors cautious.Japan’s Nikkei 225 edged up less than 0.1% to 62,774.94, while South Korea’s Kospi gained 0.9% to 7,708.05 after recovering some recent losses.Australia’s S&P/ASX 200 slipped 0.3% to 8,645.80.Hong Kong’s Hang Seng...

Top stocks to buy today: Stock recommendations for May 13, 2026 – check list

TazaPulseMay 13, 2026

Top stocks to buy (AI image) Stock market recommendations: Mehul Kothari, DVP – Technical Research at Anand Rathi Shares has chosen Narayana Hrudayalaya, Coal India, and Hyundai Motor India as the top stocks for buying today, May 13, 2026:Narayana Hrudayalaya: Inverse Head & Shoulders Breakout with Momentum StrengtheningBuy: ₹1890–₹1850 | Stop Loss: ₹1750 | Target:...

Gold, Silver Rate Today Live Updates: Gold, silver prices in focus as government raises import duty to 15%

TazaPulseMay 13, 2026

Surendra Mehta, national secretary of the India Bullion and Jewellers Association, said the increase was largely expected as the government looks to contain the current account deficit. He added that elevated gold and silver prices could further impact consumer demand. On Sunday, Prime Minister Narendra Modi urged citizens to refrain from purchasing gold for a...

Gold, silver import duty raised to 15% from 6% as government moves to curb imports, support rupee

TazaPulseMay 13, 2026

NEW DELHI: The government on Wednesday raised import tariffs on gold and silver to 15% from 6%, according to Reuters. The move is aimed at curbing precious metal imports and easing pressure on India’s foreign exchange reserves.The sharp increase in duties comes just days after Prime Minister Narendra Modi urged Indians to avoid buying gold...

Fragile ceasefire leaves Dalal-Street on edge, sensex falls 1.5k pts

TazaPulseMay 13, 2026

MUMBAI: As tensions prevailing in West Asia rattled global markets, sending crude prices soaring and the Indian rupee to new lows, sensex lost another 1,456 points (1.9%) to close below the 75K mark, at 74,559 points.In two sessions this week, sensex has lost nearly 2,800 points or over 3% while in four sessions since May...

Crisis in West Asia a live BoP stress test: CEA V Anantha Nageswaran

TazaPulseMay 13, 2026

NEW DELHI: The ongoing West Asian crisis is a “live balance of payments stress test” for the country – directly impacting inflation, the exchange rate and the current account, chief economic advisor V Anantha Nageswaran said at the CII Annual Business Summit Tuesday. “Managing the current account credibly, financing it and preventing further currency depreciation...

mitsui osk president and ceo jotaro tamura

Freights may see further rise: Mitsui OSK

TazaPulseMay 13, 2026

MUMBAI: Mitsui OSK Lines, which runs one of the largest shipping fleets globally, on Tuesday said that container rates may rise further as there is a gap between freight rates and increase in cost as bunker oil prices have doubled in Asia.During an interaction with TOI, the Japanese company’s global president and CEO Jotaro Tamura...

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Gen Z pros embrace ‘portfolio careers’ as side hustles surge

TazaPulseMay 13, 2026

BENGALURU: India’s Gen Z workforce is embracing what experts describe as “portfolio careers” – balancing multiple professional identities and income streams simultaneously. New research from LinkedIn shows that 75% of Gen Z entrepreneurs in India now manage multiple income streams, significantly higher than the 62% among Gen X entrepreneurs. The findings point to a growing...

Weekend ticket sales top $160 million

TazaPulseMay 13, 2026

The summer box office is off to a sizzling start — and it’s only getting started. Over the weekend, domestic ticket sales topped $161 million, a nearly 88% improvement over the same three-day frame in 2025. Disney and 20th Century Studio’s “The Devil Wears Prada 2” led the pack, adding $41.6 million during its second...