May 26, 2026

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RBI

22
May

RBI/2026-27/86 (Delhi)
Reserve Bank of India (Local Area Banks - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

22
May

RBI/2026-27/87 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

22
May

RBI/2026-27/88 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

22
May

RBI/2026-27/89 (Delhi)
Reserve Bank of India (Regional Rural Banks - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

22
May

RBI/2026-27/90 (Delhi)
Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Sixth Amendment Directions, 2026

22
May

RBI/2026-27/91 (Delhi)
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) Sixth Amendment Directions, 2026

22
May

RBI/2026-27/83 (Delhi)
Reserve Bank of India (Commercial Banks - Classification, Valuation, and Operation of Investment Portfolio) Second Amendment Directions, 2026

22
May

RBI/2026-27/84 (Delhi)
Reserve Bank of India (Small Finance Banks - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

22
May

RBI/2026-27/85 (Delhi)
Reserve Bank of India (Payments Banks - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

22
May

RBI/2026-27/92 (Delhi)
Reserve Bank of India (Local Area Banks – Financial Statements: Presentation and Disclosures) Third Amendment Directions, 2026

18
May

RBI/2026-27/66 (Delhi)
Reserve Bank of India (Rural Cooperative Banks – Responsible Business Conduct) Amendment Directions, 2026

18
May

RBI/2026-27/74 (Delhi)
Reserve Bank of India (All India Financial Institutions – Responsible Business Conduct) Amendment Directions, 2026

18
May

RBI/2026-27/63 (Delhi)
Reserve Bank of India (Regional Rural Banks – Credit Risk Management) Second Amendment Directions, 2026

18
May

RBI/2026-27/64 (Delhi)
Reserve Bank of India (Rural Cooperative Banks – Resolution of Stressed Assets) Amendment Directions, 2026

18
May

RBI/2026-27/71 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Credit Risk Management) Second Amendment Directions, 2026

18
May

RBI/2026-27/81 (Delhi)
Reserve Bank of India (Payments Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

18
May

RBI/2026-27/65 (Delhi)
Reserve Bank of India (Rural Cooperative Banks – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026

18
May

RBI/2026-27/70 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Responsible Business Conduct) Amendment Directions, 2026

18
May

RBI/2026-27/73 (Delhi)
Reserve Bank of India (All India Financial Institutions – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026

18
May

RBI/2026-27/75 (Delhi)
Reserve Bank of India (All India Financial Institutions – Credit Risk Management) Second Amendment Directions, 2026

18
May

RBI/2026-27/67 (Delhi)
Reserve Bank of India (Rural Cooperative Banks – Credit Risk Management) Second Amendment Directions, 2026

18
May

RBI/2026-27/68 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Resolution of Stressed Assets) Amendment Directions, 2026

18
May

RBI/2026-27/69 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026

18
May

RBI/2026-27/76 (Delhi)
Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – SCBs Repeal Directions, 2026

18
May

RBI/DGBA/2026-27/399 (Delhi)
Reserve Bank of India [Disbursement of Government Pension by Agency Banks (ABs)] Directions, 2026

18
May

RBI/DGBA/2026-27/400 (Delhi)
Reserve Bank of India [Conduct of Government Business by Agency Banks (ABs) – Payment of Agency Commission and Oversight of ABs] Directions, 2026

18
May

RBI/2026-27/77 (Delhi)
Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural Calamities) Directions 2018 – RRBs Repeal Directions, 2026

18
May

FEMA 401/2026-RB (Delhi)
Foreign Exchange Management (Authorised Persons) Regulations, 2026

18
May

RBI/2026-27/78 (Delhi)
Issuance of Foreign Exchange Management (Authorised Persons) Regulations, 2026

18
May

RBI/2026-27/79 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Fifth Amendment Directions, 2026

18
May

RBI/2026-27/80 (Delhi)
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Fourth Amendment Directions, 2026

18
May

RBI/2026-27/82 (Delhi)
Operating framework for facilitating Outward Remittance services by nonbank entities through Authorized Dealer (Category I) banks in India

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INDIAN ECONOMY

India's fertilizer subsidy may cross Rs 3 lakh crore if West Asia crisis prolongs

India's fertiliser subsidy could cross a record Rs 3 lakh crore this fiscal if the West Asia crisis persists, overshooting the budgetary allocation of Rs 1.71 lakh crore by about 75%, a government official said. The amount could go up even further if international prices increase in the later part of the y...

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India's economy resilient amid external shocks, says Sitharaman

Finance minister Nirmala Sitharaman on Monday said India’s economy remains resilient and climate positive with high-frequency indicators showing broadbased domestic demand, while challenges faced by the country are being fuelled by external factors. Sitharaman said the government’s policy response has been...

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India and the new economics of constraint

For three decades, economic development followed a relatively predictable script: integrate into globalisation, industrialise through exports, attract foreign capital and move steadily up the value chain. That script is now breaking down. The age of frictionless globalisation is ending, and with it the develo...

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PSU closure: Govt sets in motion new move after years wasted in stop-start process

The Centre has turned up the pressure on ministries to accelerate the shutdown of loss-making public sector enterprises, as progress on winding up unviable state-owned firms remains limited despite policy approval nearly eight years ago, The Times of India reported on May 25. Government officials said only...

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Piyush Goyal says India, Canada aim to seal CEPA by year-end; target $50 billion trade by 2030

Union Commerce and Industry Minister Piyush Goyal on Monday said India and Canada are working to conclude negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) by the end of this year, as both countries seek to reset bilateral ties and significantly expand economic cooperation. ...

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Fertiliser availability comfortable for Kharif despite West Asia tensions: Centre

The Centre on Monday said fertiliser availability in the country remains comfortable ahead of the Kharif sowing season despite supply disruptions and price volatility triggered by the West Asia crisis, with current stocks already exceeding 50% of the projected seasonal demand. At an inter-ministerial brief...

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West Asia crisis hits India’s fuel economics: Government loses Rs 14,000 cr after fuel duty cuts

The Narendra Modi government has given up nearly Rs 14,000 crore in tax revenue after slashing excise duty on petrol and diesel earlier this year to cushion consumers from rising global fuel prices triggered by the escalating West Asia crisis. News agency ANI reported that the disclosure was made on Monday...

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Explainer: The need for a fiscal buffer to handle external shocks

Amid supply disruptions and commodity price pressures linked to the US-Iran war, the government doubled the corpus of the Economic Stabilisation Fund late last fiscal. Over time, this fund may become an important instrument for enhancing India’s economic resilience, writes Rajnish Gupta l What is an Econo...

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Fuel price hikes may add 30 bps to near-term inflation: Economists

A series of hikes in petrol and diesel prices at the retail level has triggered concerns over rising inflation, with economists estimating an addition of around 30 basis points to the near-term outlook. However, they are yet to revise their inflation outlooks for the full financial year; recent estimates were...

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New IIP series to cover rare earth, gas, water supply

The new series of the Index of Industrial Production (IIP) is set to substantially expand the coverage by incorporating minor and rare earth minerals, gas supply, water supply, sewerage, and waste management sectors, according to the Ministry of Statistics and Programme Implementation (MoSPI). The statisti...

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Indians spent Rs 1.45 lac cr on foreign travel, Kotak shares India’s consumption data

India’s consumption story may no longer be best understood through supermarket sales or traditional household baskets. According to Kotak Mutual Fund’s latest study, consumption patterns now require looking beyond volume growth. Ticketed live events have climbed, premium smartphones are taking a larger share...

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Pre-policy poll: RBI may favour forex, liquidity tools over rate hike

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to announce additional measures to support the rupee while keeping interest rates unchanged at its June 5 policy meeting, according to a poll of 10 economists. Only two expect the central bank to raise rates. The RBI had left the re...

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Indian rupee hits two-week high, jumps 1.5% from record lows amid easing oil prices

The Indian rupee ended Monday’s trade on a positive note, as the currency appreciated sharply, returning to the 95 territory against the greenback, and hitting a two-week high. This was aided by growing optimism over a potential peace deal between US and Iran, which helped cool off oil prices. A slip in do...

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MARKET & FINANCE

South Korea to Step up Monitoring of Investments in Overseas Private Debt

South Korea will step up monitoring investments by domestic pension funds and banks in overseas private debt, the country's financial watchdog said on Tuesday, as regulators worldwide become more concerned about private credit funds. The outstanding balance of private credit investments by Korean pension f...

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Indian bonds choppy as oil reverses course putting focus back on US-Iran issues

Indian government bonds were a tad lower in choppy early trading on Tuesday, as a fresh escalation in U.S.-Iran tensions reversed oil's direction and softer Treasury yields supported bulls. The benchmark 6.48% 2035 bond yield was at 7.0343%, as of 10:00 a.m. IST, after ending at 7.0270% on Monday. Bond pri...

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Artificial Intelligence: Why it’s a productive, not destructive, force for capital markets

What once required long hours of manual work can now be completed within minutes with the help of AI tools. A young analyst at an investment bank previously spent nights working through spreadsheets, company filings, annual reports, and earnings transcripts before preparing presentations for senior bankers. T...

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First Taiwan, then South Korea? How global AI supercycle is demoting Indian stock market

A massive, AI-driven structural rotation is reshaping emerging market equities, triggering record foreign capital flight from India toward East Asia’s tech manufacturing hubs. Global funds have dumped nearly $24 billion of Indian equities so far this year, chasing a relentless artificial intelligence (AI) boo...

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GLOBAL CORPORATE

Quad’s 5-step push for Indo-Pacific cooperation unveiled at Delhi meeting

The Quad foreign ministers meeting in New Delhi on Tuesday marked a clear shift toward operational cooperation, with the grouping announcing five major initiatives spanning maritime surveillance, port infrastructure, energy security, critical minerals and regional maritime coordination. US Secretary of Sta...

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World’s billionaires are now worth $20.1 trillion as AI boom fuels record wealth surge

The world’s billionaire class has entered uncharted territory, with their combined wealth reaching a $20.1 trillion this year, according to the latest Forbes billionaires ranking. The number itself tells us how rapidly wealth creation has accelerated over the past year, with the strength of artificial intelli...

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INCOME TAX

AIS data errors, wrong PAN entries causing ITR filing trouble

Wrong Permanent Account Number (PAN) entries, duplicate transactions and double counting in joint accounts are emerging as key issues in the Income-tax Department's Annual Information Statement (AIS), often resulting in mismatches, scrutiny notices and difficulties in filing returns, officials said. Ahead ...

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FM Sitharaman says Government open to hear investor concerns on LTCG, STCG taxation

Union Finance Minister Nirmala Sitharaman on Monday said the government is willing to listen to concerns raised by stock market investors regarding the tax system, including issues related to Long-Term Capital Gains (LTCG) and Short-Term Capital Gains (STCG) taxation. Speaking to the media on the sidelines...

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Income tax department urges accurate SFT filing by reporting entities ahead of May 31 deadline

With the filing deadline for Statements of Financial Transactions (SFTs) just six days away, the Income-tax Department has called upon all reporting entities to ensure timely, accurate, and complete submissions of Statements of Financial Transactions (SFTs) for FY26. Under the Income-tax law, the reporting...

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Banking

Private banks likely to outperform govt banks in earnings growth over next 2 years: Report

Private sector banks are expected to post stronger earnings growth over the next two years compared to public sector banks despite similar loan growth trends, according to a report by Antique Stock Broking. The report stated that loan growth for both private and PSU banks is expected to converge at around ...

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GLOBAL ECONOMY

Singapore Core Inflation at 1.4% on Year in April, Lower Than Expected

Singapore's key consumer price gauge rose 1.4% in April from a year earlier, official data showed on Monday, below economists' expectations. The core inflation rate, which excludes private road transport and accommodation cos...

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ADB to Provide $5 Billion to Bangladesh as Economic Pressures Mount

The Asian Development Bank (ADB) will provide Bangladesh with $5 billion in support over the next five years, the lender said on Monday, as the country faces mounting economic pressure from global conflicts and domestic financial ...

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Japan's Takaichi Unveils $19 Billion Extra Budget, Reassures on Bond Issuance

Japan will build up an extra $19 billion in reserves to subsidise fuel costs and help tackle cost of living pressures, Prime Minister Sanae Takaichi said on Monday, while looking to assuage bond market concerns by promising no ext...

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Japan Slips to Third-Largest Creditor Behind China Despite Record Net External Assets

Japan fell behind China to rank as the world's third-largest net creditor in 2025, marking a further decline in global rankings despite its net external assets hitting an all-time record, the Finance Ministry said on Tuesday. N...

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UK Shop Price Inflation Picks Up, Retailers Ask Government to Help

British shop price inflation sped up in May on the back of disruption and higher energy costs caused by the Iran war, according to a retail industry group which said the government had to do more to keep costs down. The British...

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China, Pakistan reach 'new broad consensus' on boosting ties

China and Pakistan have reached a new broad consensus on deepening their strategic partnership, according to a joint statement issued by the countries at the end of Prime Minister Shehbaz Shari's visit to Beijing....

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Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis

Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in four years, as policymakers scrambled to stem inflation and support a currency buckling under soar...

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‘Lithuania’s growth engine has shifted to services’: Greta Ilekyte, senior economist at Swedbank

Lithuania’s economy is undergoing a structural shift, with services exports now matching goods exports for the first time. Even as growth remains resilient, inflation, energy dependence and geopolitical risks continue to shape the...

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INDIAN CORPORATE

Apple set to clock Rs 1.4 lakh crore revenue in FY26: Report

Apple is set to overtake FMCG major Hindustan Unilever in revenue, as affluent Indian consumers spend more on premium smartphones and digital lifestyles while growth in traditional household staples slows. A report by Kotak Mah...

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After stellar Q4, is a downgrade nightmare looming for India Inc in Q1?

India's corporate sector delivered a broadly reassuring Q4 earnings season, reaffirming the underlying strength of the domestic economy. But even as the final results trickle in, a more uncomfortable question is already consuming ...

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BSNL revenue rises 19% to Rs 25,000 crore in two years; tariff cheaper than pvt telcos: MoS Telecom

State-owned telecom firm BSNL's revenue has increased by about 19 per cent to Rs 25,000 crore in two years due to improvement in infrastructure, an official statement said on Monday. The statement, citing an interview of Minist...

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Adani Green commissions 3.37 GWh battery storage system at Khavda, scales up key renewable energy hub

Adani Green Energy on Tuesday commissioned a 3.37 Gigawatt-hour (GWh) Battery Energy Storage System (BESS) in Gujarat's Khavda, a site that is emerging as one of the largest renewable energy hubs, amid India’s push to build infras...

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Suzlon Energy: Q4FY26 profit declines 6%, revenue jump 45%; Records highest-ever India deliveries in FY26

Suzlon Energy reported a 5.74% decline in its consolidated net profit at Rs from Rs 1,182.22 crore reported in Q4FY25. The company’s consolidated revenue from operations stood at Rs 5,468.06 crore in Q4FY26, up 44.91% from Rs 3...

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