SEBI Modifies Nomination Norms for Demat Accounts and Mutual Fund Folios
SEBI announced modified norms for nomination in demat accounts and mutual fund folios under its 'ease of doing investments' push to simplify processes for investors.
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SEBI announced modified norms for nomination in demat accounts and mutual fund folios under its 'ease of doing investments' push to simplify processes for investors.
The RBI's FY2025-26 Annual Report reaffirmed the repo rate at 6.5% and flagged the need for vigilance on the inflation outlook ahead of the June 2026 MPC.
The Reserve Bank of India approved a record dividend payout of ₹2.87 lakh crore to the central government for FY 2024-25, providing fiscal breathing space amid global headwinds.
Karnataka Chief Minister Siddaramaiah resigned, paving the way for Deputy CM DK Shivakumar to take over as the state's next Chief Minister under the Congress.
India's rice output is estimated at a record 154.02 million tonnes for the 2025-26 crop year, making it the world's largest producer of rice for the first time, ahead of China.
India and the United States signed a Critical Minerals and Rare Earths Agreement to strengthen supply chains for clean energy, electronics and defence sectors.
The Quad announced a $20 billion combined investment to strengthen critical minerals supply chains, reduce dependence on China and support clean-energy and defence applications.
Foreign Ministers of India, the US, Australia and Japan met in New Delhi and announced new initiatives on critical minerals, maritime security, port infrastructure and energy.
The Assam Legislative Assembly passed the Uniform Civil Code Bill, with tribal communities exempted; opposition flagged concerns about the exemption.
A revamped Index of Industrial Production with base year 2022-23 will be launched on June 1, expanding coverage to rare earths, minor minerals and 120 new items.
The Union Cabinet cleared a ₹25,530 crore outlay to extend and modernise the SARTHAK-PDS scheme till 2031, benefiting around 80 crore people under the public distribution system.
The Supreme Court upheld the Election Commission's Special Intensive Revision (SIR) of electoral rolls in Bihar, calling it an advancement towards free and fair elections.
The Supreme Court upheld the government's retrospective 28% GST levy on online gaming, validating tax demands of nearly ₹1.5 lakh crore against around 80 companies.
The RBI's June 2026 Monetary Policy Committee meeting and the US Federal Reserve meeting are among the key events in focus, with the RBI widely expected to hold rates steady.
The Indian rupee posted its best single-day gain in nearly two months, closing around 95 against the US dollar, aided by RBI intervention and softer crude oil prices.
Union MoS (Personnel) Dr. Jitendra Singh launched 'Samadhan Didi', an AI-enabled voice chatbot for CPGRAMS, to democratise public grievance redressal.
DigiYatra, the face-recognition-based contactless air travel facility, crossed 10 crore cumulative uses across 38 airports in India.
The Ayushman Bharat Digital Mission (ABDM) reached a record 90 crore ABHA (Ayushman Bharat Health Account) accounts, deepening India's digital health backbone.
The central government granted a temporary exemption from all customs duty on cotton imports from June 1 to October 31, 2026, balancing farmer and textile-industry interests.
First-time MLA Abhishek Debroy was appointed as the new President of the BJP's Tripura state unit, replacing Rajib Bhattacharjee, ahead of the 2028 assembly polls.
The United States and Iran reached a tentative agreement to extend their fragile ceasefire by 60 days, pending approval from US President Donald Trump.
The Finance Ministry's Department of Economic Affairs will conduct factory visits to gather ground-level inputs from manufacturing units before Budget 2026-27 planning.
The Supreme Court has asked the Centre and RBI to respond to a petition seeking an audit of banks' lending to real estate developers and a probe into alleged fund misuse.
Russia signed an agreement to build Kazakhstan's first nuclear power plant, with Russian export credit financing the construction.
The World Economic Forum has identified India as the world's premier growth engine, citing robust infrastructure, technology and proactive trade policies amid the West Asia conflict.
India and South Korea have begun talks to upgrade their Comprehensive Economic Partnership Agreement, aiming to reduce the bilateral trade deficit and boost cooperation in digital trade and supply chains.
The National Highways Authority of India has identified 17 highway assets totalling over 1,600 km across 9 states for monetisation in FY 2026-27 through ToT and InvIT modes.
Gujarat government approved a ₹1,500 crore financial relief for sugar cooperative societies, addressing past Income Tax demands and benefiting over two lakh farmers.
India's Maritime Ship-Building Financial Assistance Scheme has received 12 applications seeking incentives, with bidders eligible for 15-25% financial support per vessel.
Union Minister Ram Mohan Naidu launched Mission STRATO-XI, a near-space technology demonstration at IGMC Stadium, Vijayawada.
The Ministry of Road Transport and Highways approved over ₹1,428 crore for a 14.9 km four-lane Thiruvarur bypass in Tamil Nadu.
China and Pakistan reached a new broad consensus on strengthening strategic ties and expanding the China-Pakistan Economic Corridor to other countries.
India and Canada aim to conclude the Comprehensive Economic Partnership Agreement by year-end and triple bilateral trade to $50 billion by 2030.
Andhra Pradesh, in partnership with SIDBI, launched an angel fund through the Ratan Tata Innovation Hub to back deep-tech startups in AI, quantum and electronics.
The Rajasthan Assembly passed a Bill repealing the two-child norm for contesting Urban Local Body (ULB) elections in the state.
The Punjab Assembly passed an anti-sacrilege Bill making sacrilege offences non-bailable with punishment up to life imprisonment and a fine of up to ₹25 lakh.
India's wheat output is projected to rise 2.29% to a record 120.65 million tonnes in the 2025-26 crop year despite localised damage from unseasonal weather.
The Supreme Court Collegium recommended elevation of four High Court Chief Justices and one senior advocate as Supreme Court judges.
EPFO is rolling out EPFO 3.0, allowing instant Provident Fund withdrawals through UPI and ATMs, eliminating employer sign-off and processing delays for over 7 crore subscribers.
India is exploring exports of its indigenously developed Vande Bharat semi-high-speed trains amid interest from several countries.
Penpa Tsering took oath for his second term as Sikyong (President) of the Central Tibetan Administration after winning 61% of the preliminary-round vote.
Coal India's Offer for Sale was oversubscribed 8 times on the first day, with bids worth around ₹19,000 crore prompting the government to exercise the greenshoe option.
The Centre plans to divest up to 2% in Life Insurance Corporation, expected to raise around ₹10,000 crore, deepening LIC's public shareholding.
A US trade delegation will visit India from June 1 to 4, 2026 to finalise the details of an interim bilateral trade agreement covering market access, customs and investment.