May 06, 2026

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May

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RBI

4
May

RBI/2026-27/39 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Concentration Risk Management) – Amendment Directions, 2026

4
May

RBI/2026-27/42 (Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1988 (2011) Taliban Sanctions List: Amendment of 17 Entries

4
May

RBI/2026-27/40 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Credit Facilities) – Amendment Directions, 2026

4
May

RBI/2026-27/41 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026

4
May

RBI/2026-27/43 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026

4
May

RBI/2026-27/44 (Delhi)
Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Second Amendment Directions, 2026

4
May

RBI/2026-27/45 (Delhi)
Reserve Bank of India (Commercial Banks – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026

1
May

RBI/2026-27/21 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Undertaking of Financial Services) – Amendment Directions, 2026

1
May

RBI/2026-27/29 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Cards and Debit Cards: Issuance and Conduct) - Amendment Directions, 2026

1
May

RBI/2026-27/30 (Delhi)
Reserve Bank of India (Commercial Banks – Asset Liability Management) - Amendment Directions, 2026

1
May

RBI/2026-27/31 (Delhi)
Reserve Bank of India (Non-Operative Financial Holding Companies)- Amendment Directions, 2026

1
May

RBI/2026-27/32 (Delhi)
Reserve Bank of India (Urban Cooperative Banks – Resolution of Stressed Assets)- Amendment Directions, 2026

1
May

RBI/2026-27/34 (Delhi)
Reserve Bank of India (Commercial Banks – Classification, Valuation, and Operation of Investment Portfolio)- Amendment Directions, 2026

1
May

RBI/2026-27/35 (Delhi)
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures)- Seventh Amendment Directions, 2026

1
May

RBI/2026-27/22 (Delhi)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Second Amendment Directions, 2026

1
May

RBI/2026-27/24 (Delhi)
Reserve Bank of India (Commercial Banks - Transfer and Distribution of Credit Risk) Amendment Directions, 2026

1
May

RBI/2026-27/25 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Facilities) Second Amendment Directions, 2026

1
May

RBI/2026-27/26 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Risk Management) - Second Amendment Directions, 2026

1
May

RBI/2026-27/27 (Delhi)
Reserve Bank of India (Commercial Banks - Concentration Risk Management) - Second Amendment Directions, 2026

1
May

RBI/2026-27/28 (Delhi)
Reserve Bank of India (Commercial Banks – Treatment of Wilful Defaulters and Large Defaulters) - Amendment Directions, 2026

1
May

RBI/2026-27/33 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Fourth Amendment Directions, 2026

1
May

RBI/2026-27/36 (Delhi)
Reserve Bank of India (Commercial Banks – Income Recognition, Asset Classification and Provisioning) Repeal Directions, 2026

1
May

RBI/2026-27/37 (Delhi)
Master Direction - Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2025

1
May

RBI/2026-27/38 (Delhi)
Reporting instructions for Authorised Dealer Category-I Banks

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INDIAN ECONOMY

4 percent inflation target can be tweaked if prices remain stable, growth robust: RBI Dy. Governor

The government and RBI could consider lowering the inflation target and narrowing the tolerance band if growth remains robust and prices remains stable over the next five years, RBI deputy governor Poonam Gupta has said even as she defended the 4% inflation targeting framework with the plus or minus 2% leeway...

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Iran war could drag India's GDP growth to 6.5% this fiscal, says CII president Rajiv Memani

The Indian economy could expand about 7% this fiscal year if the Iran war ends soon but growth could slip to 6.5% if the conflict continues, prolonging disruptions in global supply chains, Rajiv Memani, president, Confederation of Indian Industry (CII) said Tuesday. Economic growth is estimated at 7.6% in FY2...

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Credit growth signals economic strength: Finance Ministry

The finance ministry in a statement on Tuesday said robust credit growth demonstrates the resilient domestic economic environment and envisages enhanced appetite for credit across sectors of the Indian economy. Non-food credit growth in FY26 stood at 15.9% against 10.9% in the corresponding period last yea...

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Resilient, not shock-free: India charts path through war jitters

India’s economy is beginning to feel the tremors of the West Asia conflict, as rising oil prices, disrupted trade routes and volatile capital flows ripple through global markets. Yet, the Finance Ministry’s latest monthly economic review notes that the economy remains “resilient, though shaken”, pointing to s...

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West Asia war has a crude lesson for Indian economy: Cut the oil imports

The ongoing West Asia conflict has highlighted India's structural vulnerability to energy shocks, reinforcing the need to reduce dependence on imported crude and accelerate efforts to strengthen energy security, according to an external member of the RBI's rate-setting panel. Nagesh Kumar, who is the direc...

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India services growth picks up in April on strong domestic demand, PMI shows

India's services sector growth picked up in April after falling to a 14-month low in March, driven by strong demand at home that offset slowing global orders, but optimism about the year ahead fell on Middle East uncertainties, a survey showed on Wednesday. ...

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Resilient, not shock-free: India charts path through war jitters

India’s economy is beginning to feel the tremors of the West Asia conflict, as rising oil prices, disrupted trade routes and volatile capital flows ripple through global markets. Yet, the Finance Ministry’s latest monthly economic review notes that the economy remains “resilient, though shaken”, pointing to s...

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A 1% problem that can derail India’s factory lines as tiny screws throw big tantrums

A component that makes up less than 1% of production costs could end up derailing entire factories if policy missteps persist, a new report has warned, flagging risks to India’s “Make in India” ambitions. A report by the Global Trade Research Initiative (GTRI) warns that Quality Control Orders (QCOs) on fa...

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Lower inflation target, narrower band possible in future reviews: RBI Deputy Governor

India could consider fine-tuning its inflation targeting framework in future reviews by lowering the inflation target and narrowing the tolerance band if the favourable growth-inflation dynamics of the past decade persist, Reserve Bank of India deputy governor Poonam Gupta said on Tuesday. The remarks come...

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GLOBAL ECONOMY

South Korea Inflation Near Two-Year High, Raising Likelihood of Rate Hikes

South Korea's consumer prices rose in ?April ?at the steepest pace in nearly two ?years on a surge in oil prices triggered by the Middle East conflict, raising the ?likelihood of interest rate hikes in the year's second half to cu...

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Fitch Upgrades Argentina to 'B-' on Milei's Economic Reforms

Global ratings agency Fitch ?on ?Tuesday upgraded Argentina's long-term ?foreign currency and local currency issuer default rating ?to "B-" from "CCC+", with a stable outlook. • Fitch cited "improved fiscal and external balance...

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Ireland Services Sector Contracts for First Time in Five Years, PMI Shows

Ireland's services ?sector ?contracted for the ?first time in over five years ?in April as inflationary pressure caused by the Middle ?East conflict intensified and ?new business orders contracted, a survey ?showed ?on Wednesday. ...

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China Services Activity Grows at Faster Rate in April, Private PMI Shows

China's services activity expanded at ?a faster pace in April, helped by stronger growth in ?new business, although overseas demand continued to decline, a private-sector survey showed on Wednesday. The ?RatingDog China General...

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Russian Services Confidence Drops to 40-Month Low, PMI Shows

Russia's services ?sector ?contracted for a ?second straight month in April as ?weak client demand led to declines in output and ?new sales, while business ?confidence plumbed a 40-month low, a survey ?showed ?on Wednesday. The...

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Spain Services Contract for First Time in Nearly 3 Years, PMI Shows

Spain's services sector contracted ?in ?April for the first ?time since August 2023 as uncertainty linked to the U.S.-Israeli ?war with Iran hampered demand and confidence, a business survey showed on Wednesday. The ?Spain Serv...

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Italy Services Costs Rise at Fastest Pace in Over Three Years, PMI Shows

Cost pressures in ?Italy's ?service sector hit their ?highest level in more than three years in ?April, driven by the conflict in the Middle East, a survey showed ?on Wednesday. The measure of input ?cost inflation in the Itali...

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France's Services Sector Contracts Further in April, Final PMI Shows

France's services sector ?contracted ?in April, as demand ?weakened amid economic and political uncertainty linked ?to the Iran war, a monthly survey by S&P Global showed ?on Wednesday. The S&P Global France ?Services final PMI...

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German Services Contract in April at Fastest Pace in Over Three Years, PMI Shows

Germany's service sector contracted at ?its ?steepest rate in more than ?three years in April as demand evaporated due to rising inflationary ?pressures and uncertainty linked to the Iran war, a survey showed on Wednesday. The ...

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Euro Zone Services Activity Slumps in April on Weak Demand, PMI Shows

Euro zone services activity contracted in ?April ?for the first time in ?almost a year, hit by weakening demand and deteriorating export business as ?the Middle East war weighed on consumer-facing sectors, a survey showed on Wedne...

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ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risks

The Asian Development Bank on Wednesday warned Asian economies against implementing broad fuel subsidies and cutting excise duties, noting that such measures could strain public finances. It cautioned that with crude oil prices li...

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US trade gap widens in March as AI spending boosts imports

The US trade deficit grew slightly less than expected in March, government data showed Tuesday, as spending linked to the artificial intelligence buildout boosted imports. But US exports of crude oil and petroleum products also...

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INDIAN CORPORATE

J&K Bank posts highest ever annual profit of Rs Rs 2363 crore in FY26

The Jammu and Kashmir Bank on Tuesday stated that it has posted its highest-ever annual profit of Rs 2,363.47 crore for 2025-26, recording a year on year growth of over 13% compared to Rs 2,082.46 crore in the previous financial y...

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Reliance eyes billions in LEO satellites to build India's answer to Starlink

Reliance Industries is considering a big-bang entry into the satellite communications space, involving a potential investment of billions of dollars, pitting the Mukesh Ambani-run conglomerate against Elon Musk-owned Starlink, Ama...

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PNB Q4FY26: Profit rises 14%, NPAs improve; Rs 3 dividend announced

Punjab National Bank (PNB), reported net profit at Rs 5,225.11 crore in Q4FY26, up 14.41% year-on-year(YoY) from Rs 4,567.00 crore reported in Q4FY25. However, the bank’s total income fell to Rs 36,319 crore during the quarter ...

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Birla takes charge as Vodafone Idea chairman, Takkar to remain on board as non-executive vice chairman

Aditya Birla Group chairman Kumar Mangalam Birla has taken over as the non-executive chairman of Vodafone Idea with effect from May 5, the telco said in a disclosure to the exchanges. The appointment follows Ravinder Takkar’s d...

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Godrej, Lodha bet big on new projects despite sluggish markets

Top listed developers such as Godrej Properties and Lodha Developers stepped up business development sharply in FY26, even as housing sales showed signs of slowing. In real estate, “business development” spans land acquisitions...

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M&M Q4 profit jumps 42% on SUV, tractor strength; beats estimates

Mahindra & Mahindra Ltd. reported a strong March quarter performance, with consolidated net profit rising 42 per cent year-on-year to Rs 4,668 crore, driven by robust demand for sport-utility vehicles (SUVs), tractors and services...

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Explainer: Why RBI’s new rules could force Tata Sons to list

The debate over whether Tata Sons should remain privately held or move towards a public listing has sharpened after a regulatory clarification. The implications of the new framework go beyond one company, touching governance norms...

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L&T profit falls 3% in Q4, order flows flat

Engineering major Larsen & Toubro on Tuesday posted a net profit of Rs 5,326 crore for the March quarter, down 3% year-on-year, missing Street estimates. Excluding exceptional items, however, net profits for the quarter were up 5%...

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L&T metal vertical bags largest-ever domestic order worth Rs 10,000 – 15,000 crore from JSW Steel

Business conglomerate Larsen & Toubro’s minerals and metals vertical has secured its largest-ever domestic order in the metals sector. The order valued between Rs 10,000 to Rs 15,000 crore has been awarded to L&T by JSW Steel. ...

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