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    Japan records bigger exports and imports in April, despite oil supply concerns
    RBI Issues Revised Draft Amendment Directions on ‘Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents’
    Comptroller and Auditor General of India, Shri K. Sanjay Murthy addressed the 17th Annual Day event of Competition Commission of India
    CCI approves the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks pvt Ltd (LFPL), Aayush Agrawal Trust (...
    CCI approves proposed acquisition of Baharampore - Farakka Highways, Devanahalli Tollway Pvt Ltd, Western MP Infrastructure and Toll Roads Pvt Ltd and...
    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 othe...
    PFRDA conducts Atal Pension Yojana Annual Felicitation Programme at New Delhi
    Andhra govt clears over 800 acres for RIL’s Rs 1 lakh-cr AI data centre in Vizianagaram district
    ITA flags financial stress in tea sector despite record export of 280 million kg
    Banks cannot disable mobile phones of defaulting borrowers: RBI proposal
    Parliamentary panel expresses concern over investments in cryptocurrencies
    Modi, Shah 'traitors' who sold Hindustan, alleges Rahul
    AERA fixes Rs 620 user development fee for Navi Mumbai airport for departing domestic passengers
    BJD MP meets FM, seeks structured GST Council deliberations to include petrol, diesel under GST
    Bajaj Finance Personal Loan Enables Easier Repayment Planning with up to 108-month Tenure
    India's toffee exports jump 166 pc in 12 years to reach Rs 132 cr in 2025-26
    ZikZuk Technologies Receives RBI Authorisation To Operate As Prepaid Payment Instrument Issuer
    EU overcomes fierce internal debate to agree on tariff deal with US
    India to Host 68th Session of Asian Productivity Organization Governing Body in New Delhi
    Political immaturity, mental bankruptcy: BJP leaders on Rahul Gandhi's remark against PM, HM, RSS
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May 21, 2026
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Trade surplus and semiconductor-led export growth shape Japan's April trade data amid energy supply pressures.
Japan recorded a sharp rise in exports and imports in April, with exports increasing for the eighth consecutive month and trade moving into surplus. Semiconductor shipments led the export growth, supported by stronger sales of medical products, paper goods and electrical machinery. Energy imports fell markedly because of disruption linked to the war in Iran and closure of the Strait of Hormuz, while higher oil prices and a weaker yen increased import costs.
May 21, 2026
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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
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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
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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
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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
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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
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Atal Pension Yojana expansion highlights growing retirement security, higher enrolments, and wider inclusion across subscriber groups.
Atal Pension Yojana is being expanded nationwide as a social security and retirement preparedness initiative, with PFRDA reporting continued growth in gross enrolments, assets under management, and participation across all States and Union Territories. During FY 2025-26, APY recorded its highest-ever annual enrolment, a large addition of new subscribers, and a marked rise in participation among younger age groups. Women participation also reached a record level, while subscriber persistency, financial literacy, and outreach in the urban informal sector were highlighted as key priorities.
May 20, 2026
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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
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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.
May 20, 2026
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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.
May 20, 2026
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Virtual digital assets taxation draws scrutiny as lawmakers back continued tax treatment amid regulatory uncertainty.
A parliamentary finance panel expressed concern over large-scale investment in virtual digital assets such as cryptocurrency and supported continuation of tax on such digital transactions. The discussion focused on the absence of a specific regulatory law in India, differing international approaches to regulation or prohibition, and the need to examine stakeholder views before recommending a future course of action. Cryptocurrency transactions are already subject to income tax and GST, including a 30 per cent income tax on gains, a 1 per cent TDS on certain payments, and tax treatment of gifts.
May 20, 2026
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Constitutional protection and economic distress dominate Rahul Gandhi's allegations over governance, inflation, and electoral roll deletions.
Political remarks centred on allegations that the Prime Minister, the Home Minister and the RSS were undermining the Constitution, weakening public welfare measures, favouring select industrialists, and eroding constitutional guarantees such as equality, justice, public sector protections, an independent judiciary, free media, and one person-one vote. The speaker also linked these allegations to economic distress, warning of inflation, fuel and fertiliser shortages, disruptions in global oil supply, and hardship for ordinary citizens.
May 20, 2026
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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.
May 20, 2026
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GST framework deliberations on petrol and diesel inclusion focus on phased integration, state revenue protection, and fiscal balance.
Petrol and diesel should be considered for inclusion under the GST framework through structured and consultative deliberations in the GST Council. The representation relies on Article 279A(5) as envisaging the eventual inclusion of petroleum products within GST and urges fresh consideration in light of prevailing economic conditions. It proposes a calibrated framework, including a working group, transitional compensation support, a limited revenue-protection cess, and a formula-based fiscal stabilisation mechanism.
May 20, 2026
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Collateral-free personal loans with flexible tenure and digital processing support easier repayment planning and quick access to funds.
A collateral-free personal loan product offers flexible repayment planning, with tenure options ranging from 12 months to 108 months, to reduce monthly instalments and support budgeting for planned and urgent expenses. The product is offered through a fully digital application process with minimal documentation and quick approval, subject to eligibility and verification. It is available to salaried and self-employed individuals, with interest rates varying according to credit profile, eligibility, and repayment behaviour, and terms are communicated upfront to support informed borrowing.
May 20, 2026
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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.
May 20, 2026
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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.
May 20, 2026
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Transatlantic tariff deal secures tariff caps and trade stability amid legal uncertainty over US measures.
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.
May 20, 2026
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Asian Productivity Organization governance meeting in New Delhi to review Vision 2030, budget proposals and election procedures.
India is hosting the 68th Session of the Asian Productivity Organization Governing Body in New Delhi from 20 to 22 May 2026, with senior delegates, observers and invitees participating in annual governance discussions. The meeting will cover the APO Vision 2030 framework, the preliminary budget for the 2027-28 biennium, Secretary-General election procedures, election of the APO Chair and Vice Chairs, the Annual and Financial Report, budget proposals, institutional reforms and key policy and procedural recommendations.
May 20, 2026
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Political remarks and apology demand follow Congress MP's comments against top leaders, with talk of possible suo motu cognisance.
Political remarks made by a Congress MP against the Prime Minister, the Home Minister and the RSS drew strong criticism from BJP leaders, who described the language as politically immature and reflective of mental bankruptcy. The BJP demanded an unconditional apology and expressed concern over the use of such statements, while one leader suggested that the remarks could invite suo motu cognisance.

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Best Haier ACs to Upgrade Home Cooling in India in 2026

May 22, 2026

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Pune, Maharashtra, India (NewsVoir) Haier has quietly become one of the most feature-rich AC brands in India in 2026, offering a wide range of feature-rich split ACs designed for different room sizes, climates, and budgets. The brand combines advanced technologies like Frost Self-Clean, HEXA Inverter compressors, HD anti-bacterial filtration, Hyper PCB protection, AI climate control, and Wi-Fi connectivity to deliver efficient cooling, improved air quality, and long-term durability. From affordable 3-star inverter ACs to premium 5-star smart cooling solutions, Haier continues to cater to modern Indian households seeking reliable performance during intense summer conditions. During the Bajaj Finance Summer Sale, shoppers can purchase their preferred Haier AC at a highly competitive price, thanks to limited-time offers and discounts at Bajaj Finance partner stores. Models can be browsed on Bajaj Mall, compared by cooling capacity, star rating, and key features, and purchased at any of the 1.5 lakh+ partner stores across 4,000+ cities. With an Easy EMI Loan of up to Rs. 5 lakh and repayment tenures ranging from 3 to 60 months, the cost can be split into manageable monthly instalments. Select models also come with a zero down payment offer. Top Haier AC models available this summer Haier’s top AC models in India combine efficient cooling, inverter technology, and competitive pricing, making them reliable options for households seeking comfort during peak heat. Haier 1 Ton 3 Star Dual Inverter Compressor Split AC White Price: Rs. 32,200 | EMI starting from: Rs. 2,450 per month Why it works: The Dual Inverter compressor and 7-in-1 Intelli-Convertible modes deliver consistent, energy-efficient cooling for small rooms. Frost Self-Clean and HD anti-bacterial filtration keep indoor air quality high with minimal maintenance effort. Haier 1.5 Ton 3 Star Inverter Split AC White Price: Rs. 35,000 | EMI starting from: Rs. 2,789/month Why it works: A reliable mid-range option for medium rooms that brings Haier's core cooling features including Frost Self-Clean, HD filtration, and Hyper PCB protection at one of the most competitive price points in the 1.5-ton AC segment. Haier 1 Ton 5 Star Split AC White Price: Rs. 37,700 | EMI starting from: Rs. 2,743/month Why it works: The 5-star BEE rating combined with 7-in-1 Intelli-Convertible modes makes this the most energy-efficient 1-ton Haier AC available this summer. The right choice for small rooms where the AC runs for extended hours daily. Haier 1.5 Ton 4 Star Inverter Split AC White Price: Rs. 38,600 | EMI starting from: Rs. 2,746/month Why it works: Triple Inverter technology and AI Climate Control with Wi-Fi connectivity set this model apart in the 1.5-ton range. Suited for medium rooms in smart homes where remote operation and automated cooling are a priority. Haier 1.6 Ton 5 Star Inverter Split AC Gold Price: Rs. 47,700 | EMI starting from: Rs. 3,428/month Why it works: The HEXA Inverter compressor, 5-star rating, AI climate control, and Wi-Fi make this the most comprehensively specified model in the lineup. The right choice for large rooms and buyers who want Haier's best technology with the lowest long-term running costs. Disclaimer: EMIs and prices may vary by partner store, offer period, location, and variant. Please check the latest information at the partner store before purchase. How to buy a Haier AC from Bajaj Finance partner stores Splitting the cost of a new Haier AC into monthly instalments makes the upgrade far more manageable. Shoppers can follow these steps to get started: 1. Browse on Bajaj Mall: Compare Haier AC models by cooling capacity, star rating, and features before visiting a store. 2. Check pre-approved eligibility: The pre-approved loan limit can be verified using a registered mobile number and OTP verification. 3. Find a partner store: Check shortlisted models at 1.5 lakh+ stores across 4,000+ cities. 4. Check the model in person: In-store staff can assist with evaluating tonnage, star rating, and smart features. 5. Choose an EMI plan: Financing of up to Rs. 5 lakh is available through the Bajaj Finance Insta EMI Card or Easy EMI Loan, with zero down payment on select models and tenures ranging from 3 to 60 months. 6. Complete the purchase: Once approved, the transaction is processed instantly, and the Haier AC can be taken home the same day. With limited-time offers and exclusive deals during the Bajaj Finance Summer Sale, now is the right time to bring home a Haier AC before the peak of summer arrives. Bajaj Finance Limited Bajaj Finance Ltd. ('BFL', 'Bajaj Finance', or 'the Company'), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings. To know more, visit www.bajajfinserv.in. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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