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Rupee hits new record low near 97 against dollar, oil prices and bond yields keep pressure on currency

TazaPulseMay 20, 2026
The rupee fell to a fresh record low on Wednesday as elevated oil prices and rising US Treasury yields weighed on investor sentiment, while concerns over prolonged geopolitical tensions and potential global rate hikes continued to pressure emerging market currencies, Reuters reported.The domestic currency touched an all-time low of 96.96 against the US dollar during...
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Stocks making the biggest moves premarket: LOW, CAVA, TGT

TazaPulseMay 20, 2026
Check out the companies making the biggest moves premarket: Lowe’s — Shares slipped almost 2% after despite the company slightly beating estimates for earnings and revenue in its first-quarter financial report. While the company reaffirmed its full-year guidance, it acknowledged a challenging macro housing market backdrop. Toll Brothers — The homebuilder added 3% after reporting...
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CAG develops sovereign LLM platform to detect procurement risks and improve public audits

TazaPulseMay 20, 2026
The Comptroller and Auditor General (CAG) is developing a large language model (LLM) platform and deploying artificial intelligence (AI) and machine learning (ML) tools to strengthen public sector auditing, improve risk detection and enable faster identification of procurement concentration and cartel-risk indicators, PTI reported.Comptroller and Auditor General K Sanjay Murthy on Wednesday said the country’s...
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Insolvency resolution drops to 13-quarter low

TazaPulseMay 20, 2026
NEW DELHI: Corporate insolvency resolutions dropped to a 13-quarter low of 36 cases being resolved by the National Company Law Tribunal (NCLT) during Jan-March 2026, compared with 70 a year ago, with just eight plans approved in Feb and seven in March. This was the worst March quarter for the resolution process since Jan-March 2022...
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TCS staff cites salary cut after appraisal, co disagrees

TazaPulseMay 20, 2026
BENGALURU: TCS’ appraisal letters have triggered employee reactions, with some alleging reductions in CTC and downgrades in their performance bands. Discussions have also intensified around a drop in take-home salaries following changes linked to the implementation of new labour codes. The debate concerns the exclusion of gratuity from cost-to-company (CTC) under TCS’s revised compensation structure....
1779254847 top stocks to buy today

Top stocks to buy today: Stock recommendations for May 20, 2026

TazaPulseMay 20, 2026
Top stocks to buy today (AI image) Stock market recommendations: Ashok Leyland, Bikaji Foods International, and Waaree Energies have been picked as the top stocks to buy on May 20, 2026:Ashok Leyland: Fibonacci Confluence Support with Harmonic CompletionBuy: ₹153–150 | Stop Loss: ₹145 | Target: ₹165ASHOKLEY is showing signs of stability near the crucial ₹150...
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