calender_icon.png 21 May, 2026 | 4:23 AM

Market/Money

RBI announces $5 bn USD/INR swap auction on May 26 to inject liquidity

21-05-2026

The Reserve Bank will conduct a USD 5 billion USD-INR buy and sell swap auction next week to inject long-term liquidity in the banking system.

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INR hits fresh lifetime low of 96.86/US dollar

21-05-2026

Declining for the ninth consecutive session, the rupee depreciated 16 paise to close at a fresh lifetime low of 96.86 against the US dollar on Wednesday as elevated global crude prices amid the West Asia crisis stoked inflation worries.

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Sensex, Nifty end higher after sharp recovery in final hour

21-05-2026

Benchmark Sensex recovered from early losses to settle 117 points higher on Wednesday, helped by a rally in Reliance Industries, even as investors remained cautious due to higher crude prices and a weaker rupee.

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CCI taking firm stance against cartelisation: CAG

21-05-2026

The Competition Commission of India (CCI) is keeping pace with market trends while taking a firm stance against cartelisation, Comptroller and Auditor General K Sanjay Murthy said on Wednesday.

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UN cuts India’s 2026 GDP growth forecast to 6.4%

21-05-2026

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4% from its earlier projection of 6.6%, citing global uncertainties and economic shocks arising from the ongoing West Asia crisis.

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Banks need to push APY subscribers toward higher pension slab keeping in mind future needs: Nagaraju

21-05-2026

Flagging concerns over the high concentration of Atal Pension Yojana (APY) subscribers in the minimum slab of ₹1,000, Financial Services Secretary M Nagaraju called on financial institutions, particularly banks, to nudge individuals toward higher pension slabs as their incomes grow on Wednesday.

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