Finance -

Tata Trusts ordered to defer today’s board meets

TazaPulseMay 16, 2026

Maharashtra’s charity commissioner has ordered Tata Trusts to defer board meetings and launched an inquiry into complaints filed by vice-chairman Venu Srinivasan and advocate Katyayani Agrawal, stating that “the issues highlighted by them are serious and require due consideration.” The development deepens a governance dispute at one of India’s most influential philanthropic institutions where Srinivasan...

Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet

TazaPulseMay 16, 2026

NEW DELHI: Amid mounting losses, public sector oil firms announced the much-anticipated increase in petrol and diesel prices, raising it by around Rs 3 a litre across metros on Friday, which was lower than expected. Piped kitchen gas prices were, however, left unchanged.Oil company executives did not rule out the possibility of a further increase...

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Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines

TazaPulseMay 16, 2026

Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Berkshire Hathaway added a sizeable stake in Delta Air Lines, marking the conglomerate’s return to the airline industry after exiting the sector entirely during the Covid-19 pandemic in 2020. The Omaha-based company built a position...

Govt clears Emirates NBD Bank’s proposal to acquire up to 74% stake in RBL Bank

TazaPulseMay 16, 2026

The finance ministry has approved Dubai-based Emirates NBD Bank’s proposal to acquire up to 74 per cent stake in private sector lender RBL Bank, PTI reported citing a regulatory filing on Friday.RBL Bank said Emirates NBD Bank (P.J.S.C) has received a letter from the Department of Financial Services dated May 14, 2026 approving the proposed...

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Stocks making the biggest moves midday: CBRS, MSFT, NOW, PZZA

TazaPulseMay 16, 2026

Check out the companies making the biggest moves in midday trading: Microsoft — Shares rose nearly 4% after Pershing Square’s Bill Ackman said he has been accumulating stock in the software company since its the stock fell in the wake of its second-quarter earnings report. The hedge fund manger disclosed the investment, but not its...

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‘Biggest bottleneck in the AI buildup’ fuels DRAM ETF to record

TazaPulseMay 15, 2026

The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever for an exchange-traded fund, according to TMX VettaFi. Ahead of Thursday’s milestone, the CEO of Roundhill Investments told CNBC’s “ETF Edge” the rapid growth is tied to the limited number of companies involved in producing...

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NFL letter wants certain betting contracts banned

TazaPulseMay 15, 2026

The National Football League outlined to the Commodities and Futures Trading Commission its views on how sports-related prediction markets should be regulated as the industry continues to experience massive growth, according to a letter reviewed by CNBC. Recommendations include banning certain event contracts and raising the age requirement for participation. Senior vice president for government...

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Stephen Miran exits the Fed. How he set the stage for Kevin Warsh.

TazaPulseMay 15, 2026

Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governor Stephen Miran entered with big ideas about how the central bank should change— radically so, in some cases. As he prepares to step down in the coming days from what will have been...

In boost to feeder international traffic, AI starts Ludhiana-Delhi flights

TazaPulseMay 15, 2026

New Delhi: Strengthening its International feed from Punjab, Air India has started a twice-daily service between Delhi and Ludhiana (Halwara) from Friday. The airline expects a very strong connecting traffic from this flight at its Delhi hub to feed its widebodies operating to rest of the world from IGIA. Ditto on the way back. Meanwhile,...

Finance

Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth

TazaPulseMay 15, 2026

Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock Exchange (NYSE), in New York City, U.S., April 29, 2026. Brendan McDermid | Reuters Bill Ackman’s Pershing Square has built a position in Microsoft, as the hedge fund manager said the software giant’s recent pullback created a...

Indian handle quoted by Netanyahu & US: How a false claim fooled the world | India News

Korean stock investors flee a bruising home market and pile into U.S.

Money or power? The key to winning the U.S.-China AI race

‘Everyone voter had valid photo ID’: Trump recalls talk with CEC Gyanesh Kumar, praises India’s election system | India News

It’s not too late to buy one of these 4 soaring memory stocks

I-Day terror plot foiled: ISI-backed ring busted, 253 operatives held across 14 states | India News

Finance

Tata Trusts ordered to defer today’s board meets

Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet

Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines

Govt clears Emirates NBD Bank’s proposal to acquire up to 74% stake in RBL Bank

Stocks making the biggest moves midday: CBRS, MSFT, NOW, PZZA

‘Biggest bottleneck in the AI buildup’ fuels DRAM ETF to record

NFL letter wants certain betting contracts banned

Stephen Miran exits the Fed. How he set the stage for Kevin Warsh.

In boost to feeder international traffic, AI starts Ludhiana-Delhi flights

Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth

Latest News

Indian handle quoted by Netanyahu & US: How a false claim fooled the world | India News

Korean stock investors flee a bruising home market and pile into U.S.

Money or power? The key to winning the U.S.-China AI race

‘Everyone voter had valid photo ID’: Trump recalls talk with CEC Gyanesh Kumar, praises India’s election system | India News

It’s not too late to buy one of these 4 soaring memory stocks

I-Day terror plot foiled: ISI-backed ring busted, 253 operatives held across 14 states | India News

Money or power? The key to winning the U.S.-China AI race

‘Everyone voter had valid photo ID’: Trump recalls talk with CEC Gyanesh Kumar, praises India’s election system | India News

It’s not too late to buy one of these 4 soaring memory stocks

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Indian handle quoted by Netanyahu & US: How a false claim fooled the world | India News

Korean stock investors flee a bruising home market and pile into U.S.

Money or power? The key to winning the U.S.-China AI race

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