June 27, 2026

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RBI

18
Jun

RBI/2026-27/115 (Delhi)
Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/116 (Delhi)
Reserve Bank of India (Small Finance Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/117 (Delhi)
Reserve Bank of India (Payments Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/118 (Delhi)
Reserve Bank of India (Local Area Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/119 (Delhi)
Reserve Bank of India (Regional Rural Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/120 (Delhi)
Reserve Bank of India (Urban Co-operative Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/134 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/126 (Delhi)
Reserve Bank of India (Small Finance Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/131 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/121 (Delhi)
Reserve Bank of India (Rural Co-operative Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/122 (Delhi)
Reserve Bank of India (All India Financial Institutions - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/132 (Delhi)
Reserve Bank of India (Commercial Banks- Prudential Norms on Capital Adequacy) Ninth Amendment Directions, 2026

18
Jun

RBI/2026-27/136 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

18
Jun

RBI/2026-27/137 (Delhi)
Reserve Bank of India (Small Finance Banks – Prudential Norms on Capital Adequacy) Sixth Amendment Directions, 2026

18
Jun

RBI/2026-27/135 (Delhi)
Reserve Bank of India (Regional Rural Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/138 (Delhi)
Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/139 (Delhi)
Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/143 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/141 (Delhi)
Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/142 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

Notification No. FEMA. 395(4)/2026-RB (Delhi)
Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations, 2026

18
Jun

RBI/2026-27/114 (Delhi)
Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019

18
Jun

RBI/2026-27/124 (Delhi)
Reserve Bank of India (Housing Finance Companies) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/128 (Delhi)
Reserve Bank of India (Regional Rural Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/129 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/114 (Delhi)
Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019

18
Jun

RBI/2026-27/123 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/125 (Delhi)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) Third Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/127 (Delhi)
Reserve Bank of India (Payments Banks – Undertaking of Financial Services) Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/130 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/140 (Delhi)
Reserve Bank of India (Regional Rural Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/133 (Delhi)
Reserve Bank of India (All India Financial Institutions – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

17
Jun

RBI/2026-27/105 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/103 (Delhi)
Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/104 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/111 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Eighth Amendment Directions, 2026

17
Jun

RBI/2026-27/106 (Delhi)
Reserve Bank of India (Regional Rural Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/107 (Delhi)
Withdrawal of 2000 Denomination Banknotes from circulation: Consolidation of instructions

17
Jun

RBI/2026-27/109 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Facilities) Third Amendment Directions, 2026

17
Jun

RBI/2026-27/110 (Delhi)
Reserve Bank of India (Commercial Banks – Concentration Risk Management) Third Amendment Directions, 2026

17
Jun

RBI/2026-27/112 (Delhi)
Reserve Bank of India (Small Finance Banks – Credit Facilities) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/113 (Delhi)
Reserve Bank of India (All India Financial Institutions – Credit Facilities) Amendment Directions, 2026

17
Jun

RBI/2026-27/108 (Delhi)
Withdrawal of old series of banknotes issued prior to 2005: Consolidation of instructions

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INDIAN ECONOMY

Transformational growth prime focus of India-UK FTA: Piyush Goyal

Transformational growth should be the prime focus of the India-UK Free Trade Agreement (FTA), Commerce and Industry Minister Piyush Goyal told business leaders at a plenary session in London on Friday. The minister is in the UK on a three-day visit to review the preparedness of both countries for the imple...

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India's economy may grow up to 6.8% in FY27 as domestic demand stays resilient: EY

India's economy is expected to grow 6.6-6.8% in the current financial year, with easing global energy prices and the normalisation of shipments through the Strait of Hormuz likely to improve growth and inflation prospects, according to EY Economy Watch. The report said a gradual normalisation of global energ...

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Solution to the crisis is reforms to promote exports: Montek Singh Ahluwalia on the impact of the West Asia conflict

Veteran economist Montek Singh Ahluwalia has played a crucial role in shaping the modern Indian economy and was a key part of the government’s liberalisation efforts from 1991. In an interview to Business Today, he spoke about the Indian economy and the West Asia crisis. He says the current account deficit...

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Global giants commit over $90 billion investment in India amid geopolitical uncertainty

Global corporations and institutional investors have announced more than USD 90 billion in fresh investment commitments to India in recent months, betting on the country's long-term economic growth despite rising geopolitical tensions, trade disruptions and an uncertain global outlook. The planned investme...

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India well-poised for rapid growth despite risks from West Asia war and El Nino: ITC

Consumer packaged goods major ITC has said that India's economy remains well-positioned for sustained medium-term growth despite near-term challenges stemming from geopolitical tensions in West Asia and weather-related risks, projecting real GDP growth of 6.9 per cent in FY27. India’s economy expanded 7.7%...

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India growth momentum reviving on West Asia peace: EY

A lasting peace in West Asia will restore India’s growth momentum with the GDP likely growing at 6.6-6.8% in FY27 if crude prices settle at relatively lower levels and shipments through the Strait of Hormuz normalise, according to EY. “A gradual normalisation of global energy markets is expected to ease su...

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MARKET & FINANCE

PMS client base declines for third straight month amid market volatility

The portfolio management services (PMS) industry has witnessed a steady decline in its investor base for three consecutive months amid heightened market volatility and some profit booking, according to data from the Association of Portfolio Managers in India (APMI). The industry saw a monthly decline of 3...

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Kospi crisis unlikely to hit Indian markets

South Korea’s benchmark index Kospi’s sharp fall on Friday triggered a 20-minute trading halt — the second such instance during the week. However, market experts do not expect any significant spillover impact on Indian markets. “Indian markets are most likely to remain rangebound. The Nifty is likely to mo...

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Falling Energy Prices Won't Defuse Rising Risk of Civil Unrest in Emerging Markets

A drop in oil prices after a fragile U.S.-Iran truce has helped ease immediate inflationary pressure in many emerging markets, but cheaper oil alone will not defuse the threat of civil unrest as the damage to household finances has already been done, analysts say. Countries from Kenya to Indonesia and Boli...

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India's forex reserves up by $963 million to $672.58 billion as of June 19

India’s foreign exchange reserves increased by $963 million to $671.63 billion in the week ended June 19, 2026, according to data released by the Reserve Bank of India (RBI) on Friday. Foreign currency assets (FCAs), the largest component of the reserves, saw a significant dip of $3.07 billion, taking them...

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GLOBAL CORPORATE

Middle East fuel oil exports hit four-month high as Hormuz shipping gradually recovers

Middle Eastern fuel oil exports are set to rebound to a four-month high in June as Iraq and Saudi Arabia rerouted supplies through alternative ports while shipments through the Strait of Hormuz gradually resume following the US-Iran interim peace agreement, Reuters reported citing trade sources and shipping d...

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100% tariff will supersede trade deals': Trump threatens countries planning digital services tax on US firms

Escalating his trade offensive against digital taxes targeting American companies, US President Donald Trump on Friday warned that any country imposing a Digital Services Tax (DST) would face 100% tariffs on exports to the United States warning that such duties would override existing trade agreements. In a ...

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China Eastern Airlines to Buy 25 Airbus A330neo Jets for List Price of $9.4 Billion

China Eastern Airlines said on Friday it plans to buy 25 A330neo jets from Airbus for a catalogue price of about $9.35 billion, as the Chinese carrier expands its widebody fleet to serve more international routes. The aircraft are scheduled to be delivered in batches from 2029 to 2033, China Eastern said i...

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Strait of Hormuz sees strongest post-war recovery

Shipping through the Strait of Hormuz has staged its strongest recovery since the West Asia conflict, with 341 vessels crossing the strategic waterway in the week following the June 17 US-Iran agreement and daily transits surging to a record 78 on June 24 from just 25 on June 17. The latest tally represents 5...

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Volkswagen layoffs: German automaker may cut up to 100,000 jobs in major overhaul, says report

German automaker Volkswagen faces one of its biggest restructuring drives in decades as it considers closing several factories in Germany and reducing its global workforce by tens of thousands. The proposal includes the possible shutdown of four production sites in Germany, a move that could impact over 1...

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INCOME TAX

Tighter income tax disclosure norms for F&O traders

For futures and options (F&O) traders, the revised ITR-3 form for assessment year 2026-27 has made it mandatory to report F&O turnover and income. The income tax return (ITR) will be marked defective without these details. The revised ITR-3 form has enhanced disclosure requirements in Schedule Part A —Trad...

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Banking

Banks' credit steady at 17.7%, deposits ease to 12%: RBI

Banks' credit grew 17.7% at the end of the fortnight to June 15, unchanged from the print seen in the preceding two-week period, while deposits growth print slowed to 12% as compared with 12.2% for the same period, Reserve Bank of India data showed. The current growth rates for both credit and deposits are...

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Smaller banks tap Indian lenders’ GIFT City branches for FCNR(B) leverage

Smaller and mid-sized banks are approaching the GIFT City branches of Indian lenders to access the leverage-backed FCNR(B) deposit mobilisation opportunity opened up by the Reserve Bank of India (RBI), as they lack the overseas presence and operational capabilities needed to directly navigate stringent foreig...

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GLOBAL ECONOMY

IMF Chief Economist Gourinchas Says Global Economy Remains Firmly 'Dollar-Centered'

Global trade flows and relationships are shifting after U.S. President Donald Trump imposed unilateral tariffs on most countries, but the U.S. dollar continues to anchor international trade, banking and central bank reserves, the ...

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Argentina's April Economic Activity Seen up 2% Year-On-Year: Reuters Poll

Argentina's monthly economic activity indicator is forecast to show 2% year-over-year growth in April, down from 5.5% in March, according to the median of a Reuters survey of 10 analysts released Friday....

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Brazil Posts Narrower-Than-Expected Current Account Deficit in May

Brazil's current account deficit reached $3.185 billion in May, central bank data showed on Friday, narrower than the $4.159 billion shortfall expected in a Reuters poll. • The trade surplus widened by about $500 million from...

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Brazil's Jobless Rate Drops to 5.6% in Quarter Through May

Brazil's jobless rate fell to 5.6% in the three months through May, statistics agency IBGE said on Friday, in line with market expectations. The median forecast in a Reuters poll projected an unemployment rate of 5.6 percent....

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Surge in Imports Drives US Goods Trade Deficit to 14-Month High in May

The U.S. trade deficit in goods swelled to a 14-month high in May as businesses boosted imports, likely to avoid shortages and higher prices related to the war in the Middle East, prompting economists to cut their growth estimates...

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US Consumer Sentiment Improves in June, Concerns of High Cost of Living Remain

U.S. consumer sentiment rebounded from record lows in June, though households remained worried about the high cost of living, a survey showed on Friday. The University of Michigan's Surveys of Consumers said its Consumer Sentim...

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INDIAN CORPORATE

Tata Sons back on track in FY26 with Rs 32,000 crore net profit

Tata Sons, the principal holding company of the Tata Group, has posted strong growth across existing and emerging businesses for FY26 despite a challenging global business environment marked by geopolitical uncertainty, said an ex...

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Byju's lenders seek 30% stake in Indian education group in settlement: Report

Byju's global lenders are in talks to take a roughly 30% stake in one of its partly-owned education firms and drop all legal action against the Indian company's founder Byju Raveendran, two sources with direct knowledge said. Byj...

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ITC's consumer spending in FMCG business up 8.8% to Rs 37,000 crore in FY'26

Consumer spending on ITC's FMCG products has increased 8.8 per cent to nearly Rs 37,000 crore in FY26, reaching 28 crore homes, according to the company's latest annual report. Consumer spending on ITC's FMCG products has mai...

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GST

Eye on top spot in GST growth, Shivakumar tells officials to get cracking

With an eye on Karnataka becoming the state with the highest GST growth this financial year, chief minister DK Shivakumar directed commercial taxes department officials to crack down on tax evasion while ensuring honest taxpayers are treated with dignity. At a review meeting Friday, Shivakumar said Karna...

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