Business -

Gold bond bought at Rs 4,682 now worth Rs 15,334: SGB gives 228% return, Rs 1 lakh becomes Rs 3.28 lakh, plus 2.5% annual interest; premature redemption due September 7

TazaPulseSeptember 6, 2026

SGBs carry a fixed annual interest rate of 2.50% on the amount initially invested. Investors of Sovereign Gold Bonds (SGBs) are reaping a bonanza with gold prices rallying strongly in the last few years. Despite the recent correction in gold prices, gold bonds are still yielding triple digit returns.The Reserve Bank of India (RBI) has...

gold reserves on the move central banks different vaults

Europe is moving its gold out of America; where is it headed

TazaPulseSeptember 6, 2026

Gold is supposed to be the ultimate safe haven. But as geopolitical uncertainty rises, European central banks are rethinking where they keep their most trusted reserve asset. After France and Germany, Netherlands became the latest to make an exit, shifting part of its gold holdings from North America to London.The relocation has raised concerns about...

Parents gifted their son a flat on condition he care for them; after he neglected them, Bombay HC cancelled the gift, but here’s why he may still inherit it later

TazaPulseSeptember 5, 2026

The Bombay High Court considered Section 23 of the Senior Citizens Act. (Image for representative purpose only) A couple gifted their son a flat that they had bought in 2005 on the condition that he take care of them. Years later, the Bombay High Court directed the son to vacate the flat. Here’s what the...

Global food prices rise 1.9%, says UN body; highest since 2022 amid weather, war disruptions

TazaPulseSeptember 5, 2026

Sugar prices jumped 11.9%, while cereal and vegetable oil prices rose 2.2% and 0.6%, respectively World food prices rose to their highest level since late 2022 in August as extreme weather, geopolitical tensions and disruptions to trade routes heightened concerns over supplies of key agricultural commodities, the UN Food and Agriculture Organization (FAO) said on...

indias passenger vehicle market tilts towards cleaner fuels alternatives cross petrol report

India’s car buyers shift from petrol as CNG, hybrid, EVs cross 42% sales share: Report

TazaPulseSeptember 5, 2026

CNG, hybrids and EVs together accounted for 42% of India’s passenger vehicle sales in August, surpassing petrol’s 41% share for the first time. India’s passenger vehicle market is reportedly seeing a notable shift in consumer preference away from petrol, with CNG, hybrid and electric vehicles together accounting for 42% of sales in August 2026.For the...

‘Don’t want to lose our country’: Trump plans to spend $500 million to help Republicans win midterms

TazaPulseSeptember 5, 2026

US president Donald Trump US President Donald Trump plans to spend up to $500 million from MAGA Inc to help Republican candidates in the November 3 midterm elections. The move comes after some Republicans raised concerns that Trump was not using the political group’s large cash reserves to help candidates fighting close races for the...

Tesla’s wheel-free Cybercabs face US safety probe just a day after launch

TazaPulseSeptember 5, 2026

Tesla’s wheel-free Cybercabs face US safety probe just a day after launch Just a day after Tesla’s wheel-free taxis hit the streets of Austin, Texas, the ride is already facing a regulatory speed bump. The US auto safety regulator has opened an investigation into whether the new vehicles, which lack steering wheels, mirrors and brake...

Anthropic IPO: AI giant delays public offering, eyes $2 trillion valuation, mid-October market debut

TazaPulseSeptember 5, 2026

Anthropic is delaying its planned IPO, with the AI company now expected to start marketing the offering in mid-October at the earliest, according to people familiar with the matter. The listing could take place days before the US midterm elections in November.The AI giant is now expected to make its initial public offering prospectus public...

As protein demand rises, brands go for smaller packs

TazaPulseSeptember 5, 2026

Consumers may increasingly also have the choice to go for smaller-sized portions Mumbai: Protein foods are now a common sight across retail shelves, but consumers may increasingly also have the choice to go for smaller-sized portions going ahead. As protein-deficient Indians become picky in terms of what they eat and add to their regular diets,...

Hindustan Unilever: HUL plans capex boost; eyes entry into new areas

TazaPulseSeptember 5, 2026

HUL is stepping up investments to defend market share MUMBAI: After two years of sluggish growth, Hindustan Unilever (HUL) is stepping up investments to defend market share amid stiff competition from a clutch of new-age brands and changing shopping patterns. On Friday, the consumer goods giant said that it will boost capex to 3% of...