India's new tolling system at Mundka plaza on Urban Extension Road-II removes boom barriers, using FASTag for seamless deductions. Drivers pass through without stopping, receiving deduction messages later.
Financial Services Secretary M Nagaraju announced a proposed High-Level Committee on Banking for Viksit Bharat will examine PSB balance sheet constraints and capital leverage, aiming for inclusive growth.
Check the complete list of bank holidays in May 2026 across India, including state-wise closures for regional festivals and national holidays.
Government sources indicate a possible petrol and diesel price hike soon as state-owned oil firms face mounting losses due to frozen retail rates despite surging global crude oil prices, which hit a four-year high.
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Dudigital Global Limited has secured a contract from the Embassy of India in Kuwait to provide CPV services, enhancing efficiency in visa processing for Indian missions abroad.
India's GST collections surged to an all-time high of Rs 2.43 lakh crore in April, reflecting robust economic activity and improved compliance.
India's gross GST revenue reached a record Rs 2.43 lakh crore in April 2026, up 8.7% YoY, driven by a 25.8% surge in import collections. Net GST stood at Rs 2.11 lakh crore.
CRISIL reports that RBI's expected credit loss norms could lead to a one-time capital impact of up to 120 basis points for Indian banks, affecting profitability and capital adequacy.
May 2026 brings a packed holiday calendar for banks across India with state-specific closures. Check the list of holidays on May 1, 9, 16, 26, 27, and 28, including Maharashtra Din, Buddha Purnima, Eid-Ul-Adha, and more.
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Federal Bank has agreed to acquire a select credit card portfolio of around 450,000 cards from Standard Chartered Bank India, strengthening its retail strategy and expanding its presence in top cities.
Bombay High Court quashed a Rs 1,524 crore IGST notice to Tata Sons, ruling that damages paid to Docomo under an arbitral award do not constitute a supply of services under GST law.
The RBI repatriated 104.2 metric tonnes of gold to India during Oct 2025-Mar 2026, raising domestic holdings to 680 tonnes amid soaring gold prices and geopolitical tensions.
The rupee fell to a record low of 95.33 per dollar on Thursday, breaching the 95 mark, before suspected RBI intervention helped it recover to close at 94.91, down six paise.
Public sector banks recruited 50,552 employees in FY26, a 33% increase from 37,860 in FY25, as they expanded operations and improved customer service.
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Telangana creates Rythu Discom, a third power distributor for agriculture, with 42% market share, restructuring SPDCL and NPDCL, and transferring 29.08 lakh connections.
Twelve people, including relatives, have been charged with fraud for allegedly siphoning off Rs 56.25 lakh insurance compensation of a Bareilly man who died in a Saudi road accident in 2021.
Uttar Pradesh DGP Rajeev Krishna distributed Rs 41.60 crore financial aid to families of 22 deceased and 5 disabled police personnel under the Police Salary Package scheme, with Bank of Baroda partnership.
Panchkula court orders two-day remand of Dilip Raghav, former bank CRM, in Rs 160 crore fake FD scam involving Panchkula Municipal Corporation officials.
Indian stock markets fell sharply on Tuesday, with the Sensex dropping 582 points and the Nifty approaching the 23,000 mark, driven by rising global crude oil prices.
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Nashik Municipal Corporation collected Rs 76.19 crore in property tax in April 2025, a 61.71% increase from Rs 49.99 crore last year, driven by an 8% early payment rebate scheme.
Goa Cooperation Minister Subhash Shirodkar announced that Tirumalla Tirupati Multistate Co-op Credit Society has submitted its financial records for scrutiny, with a decision on restoring permissions expected soon.
The CBI has registered a case against Sri Lakshmi Saraswathi Spintex Ltd and its promoters for allegedly cheating IDBI Bank of ₹12 crore by diverting loan funds.
A 30-year-old food delivery agent died after falling from the Dabri flyover in southwest Delhi when his scooter was hit by a car. The driver fled. Police have registered a case.
Bihar's VIB registered its 50th corruption case by April 29, 2026, the fastest in six years. Revenue and police departments top the list with 45 trap cases and 5 DA cases.
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Karnataka State Safai Karmachari Development Corporation distributes health insurance cards to sanitation workers, offering cashless treatment up to Rs 5 lakh.
Indian stock markets NSE and BSE will remain closed on May 1 for Maharashtra Day. MCX will open for the evening session. Normal trading resumes May 4. Next holiday is May 28 for Bakri Id.
The Indian government has reduced Vodafone Idea's AGR dues by approximately 27% to Rs 64,046 crore, with payments commencing after a five-year moratorium.
An unidentified person stole a police constable's wallet in a Mumbai bus and withdrew Rs 43,500 using his debit cards. The constable had the PINs in his wallet. Police are investigating.
India considers raising EPF wage ceiling from ₹15,000 to ₹25,000, expanding social security coverage. Higher deductions may reduce take-home pay but boost retirement savings and pension benefits.
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Gold prices rebounded Rs 2,000 to Rs 1.54 lakh per 10 grams in the national capital on Tuesday, driven by a weak US dollar and positive global cues.
