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    May 21, 2026
    RBI Issues Revised Draft Amendment Directions on ‘Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents’
    May 21, 2026
    Comptroller and Auditor General of India, Shri K. Sanjay Murthy addressed the 17th Annual Day event of Competition Commission of India
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    May 21, 2026
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May 21, 2026
RBI Issues Revised Draft Amendment Directions on ‘Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents’
Show AI Summary
Loan recovery rules: RBI issues revised draft directions on recovery agents and technology-based default controls for consultation.
The Reserve Bank of India has issued revised draft Amendment Directions for public consultation on the conduct of regulated entities in recovery of loans and the engagement of recovery agents. The revised drafts incorporate stakeholder feedback, including proposals on technology-based mechanisms to restrict or disable certain functionalities of financed mobile devices in cases of borrower default. The consultation covers multiple categories of regulated entities and invites comments through the online portal or by email within the specified period.
May 21, 2026
Comptroller and Auditor General of India, Shri K. Sanjay Murthy addressed the 17th Annual Day event of Competition Commission of India
Show AI Summary
Competition enforcement in digital markets increasingly hinges on data control, AI risks, and stronger procurement oversight.
Competition enforcement is described as a core element of economic governance, especially in digital and technology-driven markets where market power may arise from control over data and ecosystems. The material highlights cartelization, abuse of dominance, bid-rigging and public procurement scrutiny as key concerns, and stresses the complementary role of competition enforcement and audit. It also notes recent institutional and regulatory measures by the Competition Commission of India, including revised regulations, settlement and combination procedures, and a market study on artificial intelligence and competition.
May 21, 2026
CCI approves the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks pvt Ltd (LFPL), Aayush Agrawal Trust (AAT), Inspira Foodworks (IFPL), Aayush Madhusudan Agrawal (AMA), and Inspira Agro Trading LLC (IATL)
Show AI Summary
Stake acquisition approval in Restaurant Brands Asia combines equity subscriptions, warrant subscriptions, purchases and an open offer.
Approval was granted for the acquisition of a certain stake in Restaurant Brands Asia Limited by Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, Aayush Madhusudan Agrawal and Inspira Agro Trading LLC through equity subscriptions, warrant subscriptions, equity purchases and an open offer. The transaction is structured as a proposed combination involving multiple acquisition steps and concerns the target company's stake and franchise business in India.
May 21, 2026
CCI approves proposed acquisition of Baharampore - Farakka Highways, Devanahalli Tollway Pvt Ltd, Western MP Infrastructure and Toll Roads Pvt Ltd and Chenani Nashri Tunnelway Ltd by Cube Highways Trust
Show AI Summary
Competition clearance for acquisition of road highway operating special purpose vehicles by an infrastructure investment trust.
Competition Commission of India approved the proposed acquisition of the entire equity share capital of four road and highway operating special purpose vehicles by Cube Highways Trust. The trust is a SEBI-registered infrastructure investment trust, and the target entities are Indian companies operating roads and highways through governmental concessions.
May 21, 2026
CCI approves the acquisition of certain shareholding in Neysa Networks Pvt Ltd by BCP Asia II Topco V Pte. Ltd., Asia II Topco XIV Pte. Ltd., and other investors
Show AI Summary
Competition Commission approval for acquisition of Neysa Networks by Blackstone affiliates and co-investors in the AI cloud services sector.
Competition Commission of India approved the acquisition of a controlling stake and certain shareholding in Neysa Networks Private Limited by Blackstone affiliates and other co-investors. The proposed combination includes multiple investors acquiring stakes in the AI-focused cloud services provider, which enables enterprises, startups, and public sector organisations to deploy and scale AI workloads securely and cost-effectively.
May 21, 2026
PFRDA conducts Atal Pension Yojana Annual Felicitation Programme at New Delhi
Show AI Summary
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AI data centre project approvals include land allotment, utility support, and major fiscal incentives for large-scale investment.
Andhra Pradesh approved allotment of 854.97 acres in Vizianagaram district to Reliance Industries Limited at a 25 percent discounted rate for a Giga-Scale AI Data Centre with a Cable Landing Station. The package includes non-fiscal support such as water provision for 20 years and a proposal to study a desalination plant, together with fiscal incentives including stamp duty and registration exemption, capital subsidy, SGST reimbursement, water tariff subsidy, power tariff subsidy, and cross-subsidy surcharge exemption.
May 20, 2026
ITA flags financial stress in tea sector despite record export of 280 million kg
Show AI Summary
Tea sector financial stress deepens as rising costs, weak prices and climate pressure prompt calls for policy support.
Tea sector faces mounting financial stress despite record exports, as slow auction price growth, rising input costs, adverse weather, declining production and import pressure continue to affect estate viability. The association called for a minimum sustainable price mechanism linked to production cost, higher export support, restoration of orthodox tea incentives and relief for Darjeeling estates, including interest subvention on working capital.
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Show AI Summary
Loan recovery conduct norms bar mobile phone blocking by banks, while financed devices may face limited restrictions after default.
RBI has proposed revised conduct norms for loan recovery, including a bar on using technology-based blocking of a borrower's mobile device as a recovery tool, except where the device itself was financed by the lender. Even in financed-device cases, blocking is allowed only after the loan is 90 days past due and notice has failed to cure the default, and essential functions such as internet access, incoming calls, emergency SOS features and public-safety notifications cannot be disabled. Wrongful restriction must be reversed within one hour of cure, with hourly compensation payable until remedied.
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Airport tariff regulation fixes user development fee and landing charges for a new airport's initial control period.
Tariff order for the Navi Mumbai International Airport fixed user development fee, landing charges and vehicle parking charges for the first control period on a differentiated basis for domestic and international passengers and flights. The regulatory determination also allows a Variable Tariff Plan for landing charges during the initial years and carries forward a portion of the Average Revenue Requirement to the next tariff cycle to moderate airport charges in the interests of passengers and airlines.
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May 20, 2026
Bajaj Finance Personal Loan Enables Easier Repayment Planning with up to 108-month Tenure
Show AI Summary
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May 20, 2026
India's toffee exports jump 166 pc in 12 years to reach Rs 132 cr in 2025-26
Show AI Summary
Toffee exports surge alongside renewed India-Italy trade ties and social media "Melodi" wordplay.
India's toffee exports were reported to have increased sharply over 12 years, rising from Rs 49.68 crore in 2013-14 to Rs 132 crore in 2025-26. The disclosure followed Italian Prime Minister Giorgia Meloni's public thanks for being gifted "Melody" toffees, reviving the "Melodi" wordplay online. The visit was also linked to efforts to strengthen bilateral cooperation in trade, defence, clean energy and technology.
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Prepaid payment instrument authorisation marks RBI-backed entry into regulated digital wallets, prepaid cards, and stored-value payments.
RBI authorisation has been granted to ZikZuk Technologies Private Limited to operate as a Prepaid Payment Instrument issuer under the Payment and Settlement Systems Act, 2007, placing the company under direct regulatory oversight in India's payments ecosystem. The authorisation enables regulated digital payment products, including digital wallets, prepaid cards, and stored-value solutions, within the PPI framework. The reported scope includes General Purpose PPIs, Special Purpose PPIs, and PPIs for Foreign Nationals and NRIs under the UPI One World framework.
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The European Union approved a tariff deal with the United States capping tariffs on most EU exports at 15 per cent and reducing tariffs on US industrial goods to zero, after intense internal debate and trilogue negotiations. European lawmakers added protections in case the United States backtracks, while the arrangement was presented as a way to preserve stability in transatlantic trade and provide business certainty. Concerns remained because US courts had questioned the legal basis for certain tariff measures.
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Aadhaar identity proof dispute targets its use for citizenship, domicile, address and voter registration verification.
A public interest plea seeks directions that Aadhaar be used strictly as identity proof and not as proof of citizenship, domicile, residential address or date of birth. It also challenges its use in voter registration Form-6 as proof of residence and date of birth, contending that the existing verification mechanism is inadequate and calls for an overhaul of electoral verification, including a proposed high-powered monitoring committee.

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CCI approves proposed acquisition of Baharampore - Farakka Highways, Devanahalli Tollway Pvt Ltd, Western MP Infrastructure and Toll Roads Pvt Ltd and Chenani Nashri Tunnelway Ltd by Cube Highways Trust

May 21, 2026

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The Competition Commission of India (CCI) has approved the proposed acquisition of Baharampore - Farakka Highways Limited, Devanahalli Tollway Private Limited, Western MP Infrastructure and Toll Roads Private Limited and Chenani Nashri Tunnelway Limited by Cube Highways Trust.

The proposed combination relates to acquisition of 100% of the equity share capital of: (i) Baharampore-Farakka Highways Limited (BFHL), (ii) Devanahalli Tollway Private Limited (DTPL), (iii) Western MP Infrastructure and Toll Roads Private Limited (WMPTL), and (iv) Chenani Nashri Tunnelway Limited (CNTL) by the Cube Highways Trust (Cube Trust) (BFHL, DTPL, WMPTL and CNTL are collectively the ‘Target SPVs’).

The Cube Trust is an infrastructure investment trust (InvIT) registered with the Securities and Exchange Board of India (SEBI) under the SEBI (Infrastructure Investment Trusts) Regulations, 2014.

The Target SPVs have been incorporated in India and are engaged in the business of operating (through governmental concessions) roads and highways in India.

Detailed order of the Commission will follow.

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