Finance -

Sanctions war on? US tightens curbs on Iran oil despite probable deal to ease Hormuz movement

TazaPulseMay 29, 2026

United States on Thursday imposed fresh sanctions targeting Iran’s military-linked oil trade network, despite reports suggested that Washington and Tehran have reached a tentative agreement to extend their ceasefire and ease restrictions on shipping through the Strait of Hormuz.The US Treasury Department said it has sanctioned eight vessels involved in transporting Iranian crude oil and...

Now, fraudsters target dormant e-commerce accounts

TazaPulseMay 29, 2026

MUMBAI: You probably do not care much about your inactive accounts on online platforms such as Amazon or Flipkart. But do you know that your dormant e-commerce accounts are being targeted by fraudsters?Unlike financial transactions which usually leave a trail and are notified to users through mobile alerts or messages, suspicious transactions made through e-commerce...

Banks are lenient with big borrowers, harsh with common people: Supreme Court slams SBI while refusing relief to defaulting company

TazaPulseMay 29, 2026

After hearing both sides, the Supreme Court made it clear that it was not impressed by the conduct of the borrowers. (AI image) In a significant order dealing with recovery proceedings under the SARFAESI Act, the Supreme Court of India refused to interfere with action initiated by the State Bank of India against a company...

Rich families cut US dollar exposure as geopolitical tensions reshape investment strategy: UBS report

TazaPulseMay 29, 2026

The world’s wealthiest families are reassessing their dependence on the US dollar amid rising geopolitical tensions and growing concerns over sovereign debt, Reuters reported citing UBS’s Global Family Office Report 2026.The survey by the Swiss bank found that nearly two-thirds of family offices expect confidence in the US dollar as a global reserve currency to...

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Stocks making the biggest moves after hours: DELL, AEO, GAP

TazaPulseMay 29, 2026

Check out the companies making headlines after the bell : Dell Technologies — The laptop maker surged 30% after raising its full-year guidance . Dell sees $17.90 in adjusted earnings per share, with between $165 billion and $169 billion in revenue. Analysts polled by LSEG sought $13.09 per share on $142.5 billion in revenue. American...

Setback for Indian mango exports! Why Japan has stopped imports of Kesar, Alphonso, Langra & other varieties from India

TazaPulseMay 29, 2026

Exports of mangoes to Japan require a phytosanitary certificate issued by the Directorate of Plant Protection, Quarantine & Storage in Faridabad. (AI image) In a big setback for Indian mango exports, Japan has reportedly stopped importing fresh mangoes from India for the current season. The move has effectively disrupted shipments of Indian mango varieties widely...

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CFTC sues Rhode Island over actions against prediction markets

TazaPulseMay 29, 2026

Screens displaying the logo and home page of US cryptocurrency based prediction market platform Polymarket, in Saint-Mande, east of Paris, on April 29, 2026. Martin Lelievre | Afp | Getty Images The Commodity Futures Trading Commission announced it was suing Rhode Island on Thursday, one week after the state took action against two prediction market...

India’s energy investment likely to reach record $170 bn in 2026: IEA

TazaPulseMay 29, 2026

New Delhi: India’s energy investment is likely to reach a record $170 billion in 2026, driven by a push towards renewable energy capacity addition, strengthening of transmission and distribution networks, and deployment of storage systems to support the grid and reduce curtailment, the International Energy Agency (IEA) said in its latest report.The power sector accounts...

LIC reviews Rs 60,000 crore real estate portfolio, may explore separate subsidiary

TazaPulseMay 28, 2026

Life Insurance Corporation of India (LIC) is reviewing its vast real estate portfolio to improve returns and may explore setting up a separate subsidiary to manage the assets more efficiently, PTI reported.LIC’s real estate holdings, accumulated over nearly seven decades, are conservatively estimated at more than Rs 60,000 crore.“We have substantial real estate, both inherited...

US key inflation rises to 3-year high as fuel, food costs squeeze households

TazaPulseMay 28, 2026

Inflation in the US accelerated in April to its highest level in three years, driven by rising fuel and food prices as the economic fallout from President Donald Trump’s Iran war continued to weigh on household budgets.Data released by the Commerce Department on Thursday showed that the personal consumption expenditures (PCE) index — the Federal...