The United Arab Emirates has formally withdrawn from OPEC and OPEC+, dealing a major blow to the global oil producers' cartel.
Foreign portfolio investor outflows from India in Jan-Apr 2026 have exceeded total outflows of 2025.
IRDAI Chairman Ajay Seth stated that 100% FDI in insurance will enhance capacity and protect policyholders.
The World Gold Council reports a 10% rise in gold demand in Jan-Mar 2026 with a 99% surge in value driven by geopolitical tensions.
India's credit card market has expanded to 119 million active cards, with PSU banks gaining share in spends.
The Asian Development Bank has revised Asia's GDP growth forecast downward to 4.7% for 2026 amid global trade uncertainties.
The RBI has directed banks to proactively offer loan relief measures to borrowers affected by natural calamities from July 1, 2026.
The US Federal Reserve kept its benchmark interest rate unchanged amid rising inflation concerns and geopolitical uncertainty.
The Jammu-Srinagar Vande Bharat Express was flagged off, with regular services from May 2 via the world's highest railway bridge.
Prime Minister Narendra Modi inaugurated the 594-km Ganga Expressway connecting Meerut to Prayagraj, the longest expressway in Uttar Pradesh.
