Finance -

100% tariffs: Why India may ignore Trump threat to continue buying Russian crude oil

TazaPulseAugust 6, 2026

India faces the prospect of up to 100% Trump tariffs for its Russian crude oil purchases. On August 5, 2025, US President Donald Trump announced 25% penal tariffs on India for its purchase of crude oil from Russia. One year later, India faces the prospect of up to 100% tariffs for its Russian crude oil...

closing auction session for equity cash segment comes into effect

No rollback of closing auction session: Sebi

TazaPulseAugust 6, 2026

Sebi insists on creating better awareness among investing community in a meeting with brokers MUMBAI: Faced with teething troubles with the Closing Auction Session (CAS), officials at markets regulator Sebi on Wednesday interacted with representatives from large broking houses to understand the problems and asked them to make investors aware of the system. CAS is...

Tata Sons continues to be in upper layer, RBI indicates

TazaPulseAugust 6, 2026

The classification has gained attention after Tata Sons sought to de-register as an NBFC to avoid mandatory listing requirements MUMBAI: RBI governor Sanjay Malhotra indicated that Tata Sons continues to be on the list of upper layer NBFCs, even as the central bank is yet to release its updated classification based on revised principle-based criteria....

Rupees 10 and 20 polymer notes to be in circulation by early FY28

TazaPulseAugust 6, 2026

Central bank is preparing to pilot the new currency substrate after securing govt approval for large-scale field trials MUMBAI: Polymer banknotes are likely to enter circulation at the beginning of FY28, RBI governor Sanjay Malhotra said, as the central bank prepares to pilot the new currency substrate after securing govt approval for large-scale field trials....

airtel africa fy26 profit surges to 813m revenue rises 295 on strong data mobile money growth

Airtel Money eyes London listing this year, telco gets ARPU boost

TazaPulseAugust 6, 2026

Airtel Money has now achieved meaningful scale with Q1 revenue of over $400 million, growing at 26% year-on-year in constant currency terms NEW DELHI: Airtel Money is preparing for a London listing in the second half of 2026, Bharti Airtel executive VC Gopal Vittal said on Wednesday. Airtel Money is a mobile commerce service that...

Oil prices today: Crude slips as Iran-Oman talks fuel hopes of peace deal, Hormuz reopening

TazaPulseAugust 6, 2026

Oil prices edged lower as investors weighed whether progress in Iran-Oman talks could pave the way for a US-Iran peace deal NEW DELHI: Oil prices edged lower on Thursday as investors weighed whether progress in Iran-Oman talks could pave the way for a US-Iran peace deal, potentially ending the five-month conflict and reopening the Strait...

Google rejigs AI leadership as DeepMind CEO shifts role

TazaPulseAugust 6, 2026

The shake-up comes during a pivotal juncture for Google DeepMind: the flagship version of its latest Gemini model remains unreleased Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial role and as several leaders of its Gemini model, including veteran engineer...

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Fed Governor Cook says she’s ‘prepared to act’ on rate hike to address inflation

TazaPulseAugust 6, 2026

Federal Reserve Governor Lisa Cook speaks at the Stanford Institute of Economic Policy Research in Palo Alto, California, U.S., May 27, 2026. Ann Saphir | Reuters Federal Reserve Governor Lisa Cook said Wednesday that she’s ready to support an interest rate hike unless the inflation numbers improve. “Inflation is too high, and I consider the...

Finance

As Warsh and the Fed contemplate fewer meetings, markets brace for potential volatility ahead

TazaPulseAugust 6, 2026

Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026. Brendan Smialowski | Afp | Getty Images Add the possibility of fewer meetings into the mix of how Federal Reserve Chairman Kevin Warsh wants to reduce...

Who is Tewolde Gebremariam? Meet Air India’s new CEO – all you want to know about him

TazaPulseAugust 6, 2026

Tewolde GebreMariam Tesfay retired as Group Chief Executive officer of Ethiopian Airlines in 2022. (Reuters file photo) Air India on Wednesday named former Ethiopian Airlines chief Tewolde Gebremariam as its new Chief Executive Officer. The announcement comes at a time when Tata Group-owned carrier continues to battle mounting losses and increased regulatory oversight following last...