Finance -

Losing Rs 1,000 crore a day: Petrol minister Puri highlights mounting losses for OMCs as fuel prices remain unchanged for 4 years

TazaPulseMay 12, 2026

State-run oil marketing companies are facing a major hit to their finances, Union petroleum and natural gas minister Hardeep Singh Puri flagged on Tuesday. Puri said that oil marketing companies (OMCs) are collectively losing around Rs 1,000 crore every day as they continue to sell petrol, diesel and LPG below cost. He added that the...

‘Taco’ out, ‘Nacho’ in? Wall Street coins new Donald Trump term before China visit

TazaPulseMay 12, 2026

Wall Street’s menu of market acronyms has officially moved from Tacos to nachos and investors are discovering this new trade comes with a much spicier aftertaste.After months of betting on the “Taco” trade — shorthand for “Trump Always Chickens Out” — traders are now embracing “Nacho”, or “Not A Chance Hormuz Opens”, as fears grow...

Oil prices today: Brent crude jumps to $105 per barrel as US-Iran ceasefire hangs on ‘life support’

TazaPulseMay 12, 2026

Oil price today: Oil prices extended their rally on Tuesday as uncertainty over the Middle East conflict continued to intensify, with the ceasefire proposal now hanging on “life support.” Brent crude futures were up 30 cents, or 0.29%, at $104.51 a barrel, while US West Texas Intermediate rose 31 cents, or 0.32%, to $98.38 at...

Why is stock market crashing today? Sensex drops over 800 points – Rs 5 lakh crore investors wealth wiped out – top reasons for all

TazaPulseMay 12, 2026

Crude prices stayed elevated as hopes of a quick resolution to the Middle East conflict weakened, raising fears that the closure of the Strait of Hormuz could continue for longer. (AI image) Stock market crash today: BSE Sensex and Nifty50 plunged in trade on Tuesday continuing their downward streak as global crude oil prices continued...

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Rupee at 95.6: Currency crashes to record low as US-Iran ceasefire jitters send oil soaring

TazaPulseMay 12, 2026

Rupee extended its losing streak on Tuesday, slipping to a record low of 95.63 against the US dollar in early trade, as it remained under pressure from rising oil prices, intensifying geopolitical tensions and fragile investor sentiment.The decline follows an already weak session on Monday, when rupee fell 82 paise to close at 95.31. Sentiment...

1778558838 top stocks to buy or sell today

Top stocks to buy or sell today: Stock market recommendations for May 12, 2026 – check list

TazaPulseMay 12, 2026

Top stocks to buy or sell today (AI image) Stock market recommendations: Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan has picked Max Healthcare Institute, and Coal India as the top stocks to buy today (May 12, 2026). AU Small Finance Bank is a sell call from the analyst.Max Healthcare Institute: Buy in...

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Five things to watch in Asia as Trump prepares to meet China’s Xi this week

TazaPulseMay 12, 2026

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — The U.S. and China are rallying their East Asia ties ahead of a highly anticipated presidential summit in Beijing later this week. Trade negotiators from...

‘Make every effort to save fuel’: Govt reiterates PM Modi’s appeal, assures there is no crisis

TazaPulseMay 12, 2026

The government on Monday addressed concerns related to India’s energy supplies amid the tightening situation in the Strait of Hormuz and reiterated Prime Minister Narendra Modi’s appeal to all citizens to reduce their consumption of petrol and diesel. At an inter-ministerial meeting, Sujata Sharma, joint secretary for ministry of petroleum & natural gas, said, “I...

Goldman Sachs picks these 12 ‘alpha’ stock despite record FII selloff, when will the market turn bullish?

TazaPulseMay 12, 2026

Goldman Sachs has identified 12 Indian stocks as medium-term “alpha” ideas even as foreign institutional investors (FIIs) continue their record exodus from domestic equities, warning that overseas inflows may not return quickly despite easing oil prices, according to an ET report.The brokerage said FIIs have sold $22 billion worth of Indian equities so far in...

Sensible ask, India Inc on PM Modi’s WFH appeal

TazaPulseMay 12, 2026

A day after Prime Minister Narendra Modi’s call for austerity measures to curb fuel consumption, including reviving work-from-home, companies have begun reviewing the possibility of getting at least some employees to come to office on fewer days.Large conglomerates, including the Tata Group and Reliance Industries, are reassessing workplace policies and exploring greater flexibility for employees...

‘Speak up with moral clarity’: Rahul Gandhi backs Sonia Gandhi, calls on India to ‘reclaim its independent foreign policy’ | India News

Foreign-made pistols among 32 weapons missing from Haryana police armoury; ASI suspended, probe launched | India News

India makes satellite-based approaches using GAGAN for safer flights a reality | India News

Make use of FTAs, other schemes to boost shipments, government tells businesses

Priyanka Gandhi Calls for Investigation into Ram Temple Donation Fraud | India News

US judge: No quick dismissal of Adani case

Finance

Losing Rs 1,000 crore a day: Petrol minister Puri highlights mounting losses for OMCs as fuel prices remain unchanged for 4 years

‘Taco’ out, ‘Nacho’ in? Wall Street coins new Donald Trump term before China visit

Oil prices today: Brent crude jumps to $105 per barrel as US-Iran ceasefire hangs on ‘life support’

Why is stock market crashing today? Sensex drops over 800 points – Rs 5 lakh crore investors wealth wiped out – top reasons for all

Rupee at 95.6: Currency crashes to record low as US-Iran ceasefire jitters send oil soaring

Top stocks to buy or sell today: Stock market recommendations for May 12, 2026 – check list

Five things to watch in Asia as Trump prepares to meet China’s Xi this week

‘Make every effort to save fuel’: Govt reiterates PM Modi’s appeal, assures there is no crisis

Goldman Sachs picks these 12 ‘alpha’ stock despite record FII selloff, when will the market turn bullish?

Sensible ask, India Inc on PM Modi’s WFH appeal

Latest News

‘Speak up with moral clarity’: Rahul Gandhi backs Sonia Gandhi, calls on India to ‘reclaim its independent foreign policy’ | India News

Foreign-made pistols among 32 weapons missing from Haryana police armoury; ASI suspended, probe launched | India News

India makes satellite-based approaches using GAGAN for safer flights a reality | India News

Make use of FTAs, other schemes to boost shipments, government tells businesses

Priyanka Gandhi Calls for Investigation into Ram Temple Donation Fraud | India News

US judge: No quick dismissal of Adani case

India makes satellite-based approaches using GAGAN for safer flights a reality | India News

Make use of FTAs, other schemes to boost shipments, government tells businesses

Priyanka Gandhi Calls for Investigation into Ram Temple Donation Fraud | India News

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‘Speak up with moral clarity’: Rahul Gandhi backs Sonia Gandhi, calls on India to ‘reclaim its independent foreign policy’ | India News

Foreign-made pistols among 32 weapons missing from Haryana police armoury; ASI suspended, probe launched | India News

India makes satellite-based approaches using GAGAN for safer flights a reality | India News

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