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Finance

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US-Iran war: From Russia to Middle East

TazaPulseMay 19, 2026

Come March 2026, with the US-Iran war, Russian oil flows to India reached levels last seen a few years ago. (AI image) Missiles, mines, attacks on ships, US blockade, Iran’s closure – the Strait of Hormuz has de facto been closed since the start of the Middle East conflict since late February. Several weeks later,...

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Stocks making the biggest moves premarket: HD, AS, BX, GOOGL

TazaPulseMay 19, 2026

Check out the companies making headlines before the bell: Home Depot — The home improvement retailer gained 0.6% after the company reported sales and profit beat expectations. Earnings of $3.43 per share, on an adjusted basis, exceeded the $3.41 per share analysts polled by LSEG were expecting. Revenue of $41.77 billion came in above the...

Iran war burns a hole in corporate balance sheets

TazaPulseMay 19, 2026

The US-Israeli war with Iran is beginning to hit companies across the world, with businesses already reporting losses of at least $25 billion due to rising oil prices, disrupted trade routes and higher operating costs.Company statements from firms in the United States, Europe and Asia showed that businesses across sectors are struggling with the fallout...

Adani Group, top officials settle all legal cases in US

TazaPulseMay 19, 2026

MUMBAI: The legal cases that the Adani Group and its various top officials, including Gautam Adani, the group’s chairman, were facing in the US came to an end on Monday.Adani Enterprises (AEL), the flagship of the Ahmedabad-based Adani Group has paid $275 million (about Rs 2,650 crore at Monday’s exchange rate) to settle a case...

Link insurer CEO salaries to customer outcomes: Irdai

TazaPulseMay 19, 2026

Reduce Focus On Profits, Improve Transparency, Curb Misselling’Irdai has sought to link insurance company CEO salaries to customer outcomes, introduce clawbacks and increase transparency. This follows a study by the regulator which showed that CEO salaries were all over the place with key management at times accounting for a big chunk of the wage cost....

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Currency slips to 96.38 against US dollar amid Middle East tensions

TazaPulseMay 19, 2026

Rupee continued its downward journey against the US dollar on Tuesday morning, falling 18 paise to 96.38 in early trade. This comes amid concerns around rising crude oil prices and ongoing Middle East tensions, that dragged down market sentiment.Since the Iran war began in late February, rupee has declined by more than 5%, trimming 2.2%...

Adani Group stocks rally up to 3%

TazaPulseMay 19, 2026

Separately, the group reached a settlement with the US Treasury Department over civil allegations linked to sanctions violations. Adani group stocks today: After the US Department of Justice withdrew all criminal allegations against billionaire Gautam Adani and his nephew Sagar Adani, shares of Adani group rallied on Tuesday. Stocks of several Adani Group firms, including...

Finance

Standard Chartered to cut 15% of corporate functions roles by 2030

TazaPulseMay 19, 2026

Standard Chartered on Tuesday announced it would cut more than 15% of its corporate functions roles by 2030, while setting higher medium-term profitability targets. The workforce reduction is part of the lender’s efforts to raise income per employee by around 20% by 2028, StanChart said. According to its 2025 annual report, corporate function roles include employees in human...

Liberty Mutual hikes stake in Indian arm

TazaPulseMay 19, 2026

AI representational image Boston headquartered Liberty Mutual Insurance has increased its stake in its Indian venture Liberty General Insurance to 74% as of May 18, after raising its shareholding from 49% to 55.4% in Sept 2025. The Indian insurance firm had started as a joint venture between Liberty and the Videocon Group.Videocon exited the joint...

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How much does petrol and diesel cost today? Check rates in your city

TazaPulseMay 19, 2026

Petrol and diesel prices across the country registered another increase on Tuesday, rising by around 90 paise per litre. This marks the second hike in fuel rates in less than a week.Diesel prices have gone up by 91 paise per litre, while petrol has become costlier by 87 paise per litre. The latest revision follows...