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25 May 2026

6 articles
Economy

India’s Wheat Procurement Crosses 34 Million Tonnes, Strengthening Food Buffers

India has procured 34.2 million tonnes of wheat this rabi season, above last year and near target, strengthening food buffer stocks.

UPSC SSC
Economy

Petrol-Diesel Excise Duty Cut to Cost Government ₹1 Lakh Crore in Revenue

FM Sitharaman said cutting excise duty on petrol and diesel will reduce government revenue by about ₹1 lakh crore, easing fuel prices for consumers.

UPSC SSC
Economy

Government Open to Reviewing Capital Gains Tax Amid FPI Outflows

FM Sitharaman said the government is open to views on cutting capital gains tax to attract foreign portfolio investors back to Indian markets.

UPSC BANKING
Economy

RBI Weighs Options Including Rate Hike to Steady a Falling Rupee

With the rupee near 97 to the dollar, the RBI is weighing a rate hike, currency swaps, and overseas dollar-raising to stabilise it.

UPSC BANKING SSC
Economy

Status of ₹2000 Banknote Withdrawal — Over 98% Returned

The RBI’s periodic update shows the vast majority of withdrawn ₹2000 notes have returned to the banking system; the note remains legal tender.

UPSC BANKING SSC
Economy

RBI Transfers Record ₹2.87 Lakh Crore Dividend to the Centre

The RBI approved a record ₹2.87 lakh crore surplus transfer to the Centre and raised its contingency risk buffer by over ₹1 lakh crore.

UPSC BANKING SSC

23 May 2026

4 articles
Economy

Viyona Fintech Receives NPCI Certification for UPI, IMPS and IBMB Integrations

Hyderabad-based Viyona Fintech received NPCI certification for UPI Acquirer, UPI Issuer, IMPS and IBMB integrations, aimed at strengthening interoperable and rural banking.

BANKING SSC UPSC
Economy

TVS Venu Group Acquires 9.9% Stake in Jana Small Finance Bank

The TVS Venu Group acquired a 9.9% stake in Bengaluru-based Jana Small Finance Bank for ₹193.3 crore, while TVS Motor secured an additional 4.9%.

BANKING SSC UPSC
Economy

Gunveer Singh Appointed Executive Director of Reserve Bank of India

Gunveer Singh was appointed Executive Director of the RBI on 18 May 2026 and will head the Department of Payment and Settlement Systems.

BANKING UPSC SSC
Economy

Andhra Pradesh to Host ₹5,400 Crore ReNew Solar Manufacturing Plant in Anakapalli

Andhra Pradesh will host a ₹5,400 crore, 6 GW solar ingot and wafer manufacturing facility in Anakapalli under its 2024 clean energy policy, creating over …

UPSC SSC BANKING STATE_PCS

21 May 2026

4 articles
Economy

India’s First AI-Powered ‘Phygital’ Bank Branch Opens in Guwahati

India’s first AI-powered “phygital” bank branch — combining physical and digital banking — was inaugurated in Guwahati, Assam, on 16 May 2026, featuring AI kiosks …

BANKING UPSC SSC
Economy

Government Approves Emirates NBD’s Acquisition of up to 74% Stake in RBL Bank

The Ministry of Finance approved UAE-based Emirates NBD’s proposal to acquire up to a 74% stake in RBL Bank through an investment of over ₹26,000 …

BANKING UPSC SSC
Economy

Railways Unveils First Design of India’s Bullet Train for Mumbai-Ahmedabad Corridor

Indian Railways unveiled the first design of the country’s first bullet train on 18 May 2026 for the 508-km Mumbai-Ahmedabad High-Speed Rail corridor, built using …

UPSC SSC RAILWAY
Economy

Prudential Plc Acquires 75% Stake in Bharti Life Insurance for ₹3,500 Crore

UK-based Prudential Plc acquired a 75% controlling stake in Bharti Life Insurance for ₹3,500 crore, while Bharti Enterprises cut its stake to 25% and 360 …

UPSC BANKING SSC
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