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Index of services production set to come by July

TazaPulseMay 22, 2026
NEW DELHI: The first ever index of services production (ISP) is set to be released around July, complementing the new index of industrial production (IIP) series, which will come out on June 1 with the revised base year 2022-23. This new index, which has been in making for several years, will help assess the shortterm...
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‘No fuel shortage’: OMCs assure uninterrupted petrol, diesel and LPG supplies amid Middle East tensions

TazaPulseMay 22, 2026
State-run oil marketing companies (OMCs), including Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL), on Thursday said fuel and LPG supplies across the country remain uninterrupted amid the ongoing Middle East crisis, assuring consumers that there is adequate stock and no shortage in the system, ANI reported.The...
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Wipro founder Azim Premji’s son buys Rs 45.7 cr Bengaluru home

TazaPulseMay 22, 2026
Bengaluru: Tariq Premji, son of billionaire philanthropist and Wipro founder Azim Premji, has bought a luxury duplex penthouse in central Bengaluru for Rs 45.7 crore, according to property registration documents shared via Zapkey.The apartment is located at “27 Summit,” an ultra-luxury residential tower in Sampangiramnagar near the city’s CBD. The project has been developed by...
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Sebi proposes IPO, re-listed stock pricing revamp; aims to improve price discovery and reduce distortions

TazaPulseMay 21, 2026
Market regulator Sebi on Thursday proposed changes to the price discovery mechanism through call auction sessions for IPOs and re-listed stocks, seeking to improve price discovery and address concerns around artificially suppressed pricing, PTI reported.In a consultation paper, Sebi suggested revising the methodology used for determining the base price of re-listed stocks.Under the proposal, if...
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Trump changes EPA refrigeration rules in grocery price push

TazaPulseMay 21, 2026
U.S. President Donald Trump speaks during an announcement with U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin (not pictured) in the Oval Office at the White House, in Washington, D.C., U.S., May 21, 2026. Kevin Lamarque | Reuters President Donald Trump announced on Thursday a delay to two Biden-era EPA refrigerant rules, arguing the move...
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US stock markets today (May 21, 2026): Wall Street extends losses as oil prices rebound, Nvidia earnings fail to lift sentiment

TazaPulseMay 21, 2026
US stock markets moved lower on Thursday extending recent losses as a rebound in oil prices and rising Treasury yields renewed pressure on equities despite another strong earnings performance from Nvidia, AP reported.The S&P 500 slipped 0.4 per cent and was on course for a fourth decline in five sessions after recently touching a record...
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