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May 22, 2026
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Reserve Bank surplus transfer and contingency risk buffer management shape a record dividend to the government.
The Reserve Bank approved a record surplus transfer to the Central Government for FY 2025-26, driven by higher net income, balance-sheet expansion and the revised Economic Capital Framework. The framework allows the Contingent Risk Buffer to be maintained within 4.5 per cent to 7.5 per cent of the balance sheet, and the Central Board increased the buffer transfer before approving the surplus transfer. The dividend forms a major part of non-tax revenue and is linked to macroeconomic risks, buffer management and financial performance.
May 22, 2026
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Rupee strength gains support from softer crude, easing yields and Reserve Bank market intervention amid geopolitical uncertainty.
The rupee strengthened for a second straight session against the US dollar, supported by softer crude oil prices, easing US Treasury yields, positive domestic equities and market comfort from constructive diplomatic signals linked to the Iran situation. Traders also cited supposed Reserve Bank of India intervention, including market activity connected with a USD-INR buy-sell swap, while commentary noted that the rupee remained supported by lower imported commodity prices and reduced dollar strength. The central bank also reported a decline in forex reserves during the week ended May 15.
May 22, 2026
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Special intensive revision of electoral rolls keeps eligible voters on the rolls while allowing document checks for anomalies.
Special Intensive Revision of electoral rolls in Maharashtra will follow a scheduled house-to-house and form-based verification process under Election Commission guidelines. Eligible voters will not be deleted from the rolls, while mapped voters need not submit documents and unmapped or anomalous entries must provide them. Booth-level officers will distribute and collect enumeration forms, draft rolls will be published for claims and objections, and final rolls will follow the notified timeline. Aadhaar may be used as identity proof, but not as proof of citizenship.
May 22, 2026
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Tax law simplification and voluntary compliance highlighted in outreach programme on the new income tax regime.
Tax authorities organised an awareness programme under the nationwide outreach campaign "PRARAMBH 2026" to familiarise taxpayers and stakeholders with the New Income-tax Act, 2025 and the Income-tax Rules, 2026. The programme highlighted simplification of tax laws, trust-based governance, decriminalisation of selected provisions, timely taxpayer services and data-driven NUDGE campaigns to encourage voluntary compliance.
May 22, 2026
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Taxpayer awareness on the new tax regime highlighted Tax Year, return filing, and TDS/TCS compliance provisions.
A taxpayer awareness and outreach programme was conducted to familiarise stakeholders with the provisions of the Income Tax Act, 2025. The sessions highlighted the new Tax Year concept, return filing framework, and TDS/TCS provisions, with the stated aim of reducing compliance burdens and improving taxpayer convenience. An interactive question-and-answer session addressed implementation queries and supported stakeholder engagement.
May 22, 2026
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Supply-side pressures cloud India's near-term outlook as inflation spillovers, trade disruptions and external headwinds warrant close monitoring.
India's near-term outlook is described as resilient but clouded by supply-side pressures linked to the West Asia conflict, with inflationary spillovers requiring monitoring. Domestic demand remains the main growth driver, while the external sector faces pressure from crude oil prices, capital flows and a wider merchandise trade deficit. The economy is said to be cushioned by robust services exports, positive net FDI flows, foreign exchange reserves and policy measures. High-frequency indicators showed mixed trends, including e-way bill growth, fuel consumption changes and higher electricity demand.
May 22, 2026
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Money laundering investigation leads to arrest of alleged investment fraud accused from Gurugram after prolonged evasion.
Enforcement Directorate arrested the prime accused in the Heera Group-linked alleged investment fraud from an Airbnb property at Gurugram during a joint operation with Haryana Police. The agency said she was living under a fake identity using forged Aadhaar documents and was apprehended with an associate. She was taken to Hyderabad and produced before a special PMLA court, which remanded her to judicial custody. The ED also referred to asset attachment, auction of properties for victim restitution, and alleged obstruction of auction proceedings.
May 22, 2026
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Missing person FIRs require immediate registration, with kidnapping and trafficking provisions applied from the outset.
Police authorities must immediately register FIRs in missing person cases without waiting for a preliminary inquiry, and the FIR must include the relevant kidnapping and trafficking provisions. Missing child cases are to be treated from the outset on a presumption of kidnapping or abduction, while anti-human trafficking units must be made fully functional and supported by an all-India police grid with a dedicated human trafficking portal.
May 22, 2026
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External sector outlook faces pressure from financial conditions, crude oil prices and capital flows amid West Asia uncertainty.
External sector outlook remains under pressure from financial conditions, crude oil prices and capital flows amid the West Asia conflict, with volatility in commodity markets, global trade flows and supply chains adding to uncertainty. India is described as entering this phase from a position of macroeconomic strength, with domestic demand continuing as the main driver of growth, while robust services exports, positive net FDI flows, foreign exchange reserve buffers and policy measures are expected to cushion external headwinds.
May 22, 2026
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RBI surplus transfer and contingent risk buffer policy reflect strong income, balance-sheet growth, and macroeconomic caution.
The Reserve Bank of India approved transfer of surplus to the Central Government for the accounting year 2025-26 after reviewing its financial performance, macroeconomic conditions and risk buffer requirements. The approved surplus transfer was set at Rs 2,86,588.46 crore, while the Bank also recorded net income of Rs 3.96 lakh crore for FY26 and an expanded balance sheet of Rs 91,97,121.08 crore. Under the revised Economic Capital Framework, the Central Board maintained flexibility for the Contingent Risk Buffer within the range of 4.5 per cent to 7.5 per cent.
May 22, 2026
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Retail access to corporate bonds expands as digital platforms, lower entry thresholds, and changing rates reshape fixed-income investing.
India's corporate bond market is becoming more accessible to retail investors as digital investment platforms, lower entry thresholds and improved awareness broaden participation beyond institutions and large financial investors. Retail access has been supported by RBI Retail Direct, SEBI's online bond platform framework and lower minimum investment requirements, which have made listed corporate bonds easier to compare, review and hold through digital channels. The market is also being shaped by changing interest rate conditions, with investors increasingly comparing corporate bonds against fixed deposits and other fixed-income products on the basis of yield, risk and tax treatment.
May 22, 2026
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Foreign exchange reserves decline as foreign currency assets, gold reserves and SDRs fall amid rupee pressure.
India's foreign exchange reserves declined during the reporting week, driven mainly by a fall in foreign currency assets, with additional decreases in gold reserves, special drawing rights, and the reserve position with the IMF. The note states that foreign currency assets are affected by changes in non-US currencies and refers to forex market intervention through dollar sales amid rupee pressure.
May 22, 2026
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Smuggled foreign-origin areca nuts seized in intelligence-based operations, with arrests made in the North-East region.
DRI conducted intelligence-based operations in Mizoram and Assam and seized around 60,000 kg of smuggled foreign-origin dried areca nuts alleged to have been brought into India from Myanmar through the Myanmar-Mizoram border. Five persons were arrested in connection with the seizures, and the illegal influx was stated to be causing economic harm to domestic areca nut growers and border-region economic security.
May 22, 2026
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Foreign travel curbs and domestic tourism push aim to conserve fuel, foreign exchange, and support local economy.
The Maharashtra government has cancelled all proposed foreign tours of its tourism department and affiliated delegations with immediate effect to conserve fuel and foreign exchange reserves. The measure follows the Prime Minister's austerity appeal and the Chief Minister's directions, with an official order issued to the department. The ministry also urged citizens to prioritise domestic tourism, conserve foreign exchange, reduce energy and resource wastage, and use public transport or eco-friendly vehicles wherever possible.
May 22, 2026
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Record RBI dividend transfer to government reflects higher surplus and stronger annual income position.
The Reserve Bank of India approved a record dividend transfer to the Government for the 2025-26 financial year, reflecting a higher surplus distribution than in the previous year and providing additional fiscal space. The decision was taken by the Central Board of Directors and followed the bank's annual surplus position, which rose alongside higher net income before risk provision and transfer to statutory funds.
May 22, 2026
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Consumer financing for air conditioner purchases through EMI plans and partner stores, backed by an RBI-registered NBFC.
Consumer financing is offered for the purchase of Haier air conditioners through Bajaj Finance partner stores, with models compared on cooling capacity, star rating, and product features before purchase. The financing facility includes an Insta EMI Card or Easy EMI Loan, selective zero down payment offers, and repayment tenures ranging from 3 to 60 months, enabling the cost of purchase to be split into monthly instalments. Bajaj Finance is described as a Reserve Bank of India-registered deposit-taking non-banking financial company, classified as an NBFC-Investment and Credit Company, engaged in lending, acceptance of deposits, and a diversified retail and commercial lending business.
May 22, 2026
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Payment systems access and remittance authorisation accompany strong earnings growth, dividend distribution, and lower finance costs.
Strong improvement in profitability was reported for the quarter and financial year ended 31 March 2026, with the company recording its highest ever earnings from business operations, reduced finance costs, and a 30% total dividend for FY26. The disclosure also noted that the company had no outstanding public fixed deposits or long-term borrowings. It stated that the company had obtained an operative bank account with the Reserve Bank of India and its own IFSC code, enabling participation in centralised payment systems and settlement of RTGS/NEFT transactions and trade or business-related remittances.
May 22, 2026
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State control over key commodity exports reshapes trade oversight, pricing, and transparency in Indonesia's resource sector.
Indonesia is restructuring control over exports of key commodities by assigning a newly created state-owned enterprise to manage trade in coal, palm oil and iron alloys, with implementation planned in stages from June to September. The policy is presented as a governance reform intended to strengthen oversight of strategic commodity trade, improve transparency in reporting, and increase tax revenue by curbing under-invoicing, transfer pricing and diversion of export proceeds. The measure gives the government greater influence over commodity pricing and trade administration.
May 22, 2026
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Rupee appreciation gains support from softer crude, easing geopolitical tensions, and expected central bank swap intervention.
The rupee appreciated in early trade against the US dollar amid softer crude oil prices, tentative easing of geopolitical tensions, and active Reserve Bank of India intervention in the foreign exchange market. Confidence also improved on account of the central bank's planned USD buy-sell swap auction, seen as a liquidity-supportive measure that could inject rupee liquidity into the banking system and help contain excessive exchange-rate volatility.
May 22, 2026
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Productivity cooperation in the Asia-Pacific takes centre stage as APO leaders discuss Vision 2030, governance reforms, and sustainable growth.
The 68th Governing Body Meeting of the Asian Productivity Organization opened in New Delhi with a focus on regional productivity cooperation, sustainable socioeconomic development, and the role of productivity in resilience, innovation, and inclusive growth. The proceedings highlighted digital transformation, green productivity, capability building, and the recognition of productivity advocates and technical experts for contributions to productivity enhancement and sustainable development. Plenary deliberations covered agenda approval, leadership election, annual and financial reports, auditors, APO Vision 2030 recommendations, governance reforms, reporting standards, and implementation initiatives.

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Best Smart LED TVS for Budget-Conscious Indian Buyers In 2026

May 29, 2026

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Pune (Maharashtra) [India], May 27: Most Indian buyers start shopping for a TV by comparing screen sizes and prices. But in 2026, those two factors alone rarely tell the full story. A 55-inch QLED in a bright living room will look significantly better than a 55-inch standard LED at the same price. A Google TV model with 2 GB of RAM will feel noticeably slower than one with 4 GB after a year of use. Display technology, resolution, smart platform, HDR brightness, port availability, and after-sales support all shape how a TV performs in a specific room over several years. With panels now spanning standard LED from Rs. 14,490 to over Rs. 1,00,000, this guide walks through each factor so buyers can shortlist with confidence. During the Bajaj Finance Summer Sale, shoppers can purchase their preferred LED TV 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-selling LED TVs to buy in India in May 2026 Here are some of the latest LED smart TVs in India across different screen sizes and budgets, suitable for bedrooms, living rooms, gaming setups, and everyday OTT streaming. 1. Xiaomi X Series 43-inch 4K Ultra HD Smart Google LED TV • Price: Rs. 26,499 • Why it works: A newer Xiaomi 4K Google TV with Dolby Vision, HDR10+, and PatchWall integration designed for modern streaming-focused households. Its balanced audio output and smart interface make it suitable for movies, casual gaming, and everyday viewing. 2. Samsung Crystal 4K UHD Smart LED TV • Price: Rs. 39,990 onwards • Why it works: Samsung’s latest Crystal UHD lineup focuses on improved colour processing, smart connectivity, and smoother Tizen OS navigation. The Crystal Processor 4K and SmartThings integration also improve picture upscaling and connected-home compatibility. 3. Sony BRAVIA 2 II 55-inch 4K Smart LED Google TV • Price: Rs. 63,990 • Why it works: One of Sony’s newer BRAVIA II-series Google TVs with 4K HDR support, enhanced motion handling, and refined image processing for cinematic viewing. Dolby Audio and Google TV integration make it suitable for OTT streaming, sports, and premium home entertainment. 4. Haier 55-inch 4K Ultra HD Mini LED Smart TV • Price: Rs. 66,990 Why it works: A newer-generation Haier Mini LED TV with stronger brightness control, improved contrast performance, and smart Google TV features. The Mini LED backlighting improves black levels and HDR viewing for movies and gaming. 5. Samsung U8300F 75-inch 4K Ultra HD Smart TV • Price: Rs. 96,990 • Why it works: Part of Samsung’s newer 2026 smart TV lineup featuring large-screen 4K entertainment, advanced smart features, and Vision AI integration. The large display size and upgraded processing make it suitable for premium living rooms and home theatre setups. 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. Limited-time offers on televisions With EMIs starting as low as Rs. 830 per month, bringing home the preferred television this summer has never been more affordable. Terms and conditions apply. Check with your store for details. How to buy an LED TV from Bajaj Finance partner stores Splitting the cost of a new LED TV into monthly instalments makes the upgrade far more manageable. Follow these steps to get started: 1. Browse on Bajaj Mall: Compare LED, QLED and OLED TV models by screen size, display technology, and resolution 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 picture quality, smart features, and port availability. 5. Choose an EMI plan: Financing of up to Rs. 5 lakh is available through the Bajaj Finance 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 LED TV can be taken home the same day. With limited-time offers during the Bajaj Finance Summer Sale, now is the right time to bring home a new LED TV before prices change. 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 PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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