Business -

RBI move on revolving credit hits NBFC stocks

TazaPulseAugust 8, 2026

Bajaj Finance was down 5.9% and Bajaj Finserv was down 4.2%. MUMBAI: Reserve Bank of India’s proposal to bar finance companies from offering revolving credit facilities took a toll on shares of non-banking finance companies with Bajaj Finance and Bajaj Finserv together losing nearly Rs 55,000 crore in market cap. Bajaj Finance was down 5.9%...

US employers cut 23k jobs amid war strain

TazaPulseAugust 8, 2026

The unemployment rate dipped to 4.1% only because Americans left the job market US employers unexpectedly cut 23,000 jobs last month, and labour department revisions shaved 1,03,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left the job market. Local public schools cut 50,000 jobs in July,...

Burger King tops Wendy’s as nation’s second-largest burger chain

TazaPulseAugust 8, 2026

Burger King and Wendy’s signage. Getty Images Burger King has overtaken Wendy’s as the second-largest burger chain in the U.S. by systemwide sales, retaking its crown six years after losing it to the rival chain. The change in positions follows the two companies’ diverging results over the past two years. Wendy’s has reported shrinking U.S....

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Food for thought: Global food prices rise in July as cereals, sugar turn costly

TazaPulseAugust 7, 2026

Global food prices rise in July as cereals, oils and sugar get costlier Plates around the world got a little pricier in July. Prices of cereals, vegetable oils and sugar rose during the month, while meat and dairy prices fell, according to the Food and Agriculture Organization (FAO) of the United Nations.The FAO Food Price...

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Rockstar Energy founder builds Celsius stake, wants to become CEO

TazaPulseAugust 7, 2026

The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company’s CEO after its earnings miss this week. Russ Savage now controls more than 12 million shares of Celsius, he told CNBC. Celsius markets its energy drinks to athletes and health-conscious consumers and...

Will you have to pay to use UPI? 7 FAQs on possible MDR and what it means for consumers answered

TazaPulseAugust 7, 2026

UPI has always been free for consumers since its launch in 2016. (Image: Stock.adobe) Will you now have to pay charges for your UPI transactions? That’s the big question that many are asking after the Lok Sabha cleared a Bill amending the Payment and Settlement Systems Act, 2007, enabling the government to authorise banks and...

‘No hire, no fire’: US employers unexpectedly cut 23,000 jobs – sharp reversal for labour market

TazaPulseAugust 7, 2026

Although the unemployment rate of 4.1% marked the lowest level since June 2025, the decline was driven by a contraction in the labour force rather than stronger hiring. (Image for representative purpose only) US employers unexpectedly shed 23,000 jobs last month, while downward revisions by the Labor Department erased a further 103,000 positions from payroll...

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Companies plan to hide airlines’ restrictive ‘basic’ business fares

TazaPulseAugust 7, 2026

United Airlines Polaris lounge in Chicago United Airlines CHICAGO — No advanced seat selection, lounge access or flight changes included with a C-suite executive’s business-class ticket? Absolutely not, some companies say. Delta Air Lines joined United Airlines last month in launching stripped-down business class fares for certain flights, taking the same approach they used to...

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Younger, wider, diverse: How India’s investor base is changing

TazaPulseAugust 7, 2026

Median investor age falls 5 years as India’s market draws more young investors India’s investor club is getting younger and bigger. In last 6 years, from March 2020 to June 2026, the median investor age in the country has fallen from 38 years to 33 years, while the share of investors below 30 has jumped...

Gold price prediction: Buy on dips the right strategy for gold right now? Check August 7, 2026 outlook

TazaPulseAugust 7, 2026

For gold, from a technical standpoint, the 8-period EMA continues to trade above the 21-period EMA, Gold price prediction today: The technical structure for gold is bullish and prices are expected to go up, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.MCX Gold October futures continue to trade with a positive...