June 08, 2026

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RBI

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Jun

RBI/2026-27/98 (Delhi)
Submission of statement/return on Centralized Information Management System (CIMS)

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Jun

Notification No. FEMA 389 (Delhi)
Foreign Exchange Management (Cross Border Merger) (Amendment) Regulations, 2026

8
Jun

RBI/2026-27/96 (Delhi)
Formation of new district in the State of Assam – Assignment of Lead Bank Responsibility

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Jun

RBI/2026-27/97 (Delhi)
Investments by Foreign Portfolio Investors in Government Securities – Amendments to the regulatory framework

8
Jun

Notification No. FEMA 23 (Delhi)
Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026

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INDIAN ECONOMY

India must accelerate reforms for investments, not create obstacles: Niti Aayog Vice Chairman

Economist Ashok Kumar Lahiri, who took over as vice chairman of NITI Aayog ? last month, believes India's growth debate is focused on the wrong question. Rather than looking for ways to boost consumption, Lahiri said policymakers should focus on increasing investment by accelerating reforms and removing obsta...

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India-Indonesia ties deepen as EAM Jaishankar outlines blueprint for defence, trade cooperation

Highlighting the deep-seated historical and strategic ties between the two nations, External Affairs Minister S Jaishankar on Sunday stated that the visit of Indonesian President Prabowo Subianto as the Republic Day Chief Guest in 2025 has imparted fresh momentum to the bilateral Comprehensive Strategic Partn...

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RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold

The Reserve Bank of India's announcements after the monetary policy committee meeting are some measures aimed at flipping the rupee narrative from depreciation risk to inflows, SBI research and Kotak Securities said in their respective research reports. SBI projects at least $40 billion of capital flows th...

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Indians are growing more pessimistic about the economy. RBI Survey shows why

Urban consumers turned more pessimistic about the economy, jobs and spending in May, while professional forecasters lowered India's growth outlook, pointing to emerging signs of softer demand and weakening sentiment, according to Reserve Bank of India (RBI) surveys released on June 05. The RBI's Urban Cons...

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India’s growth faces crude and monsoon test as FY27 GDP seen moderating to 6.5%

India's gross domestic product growth is expected to moderate to around 6.5 per cent in FY27 as higher input costs, geopolitical tensions, and a weak monsoon bite, according to recent research reports by brokerage firms Dolat Capital and ICICI Global Markets. The risk is less about supply availability and ...

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India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank exec

India's growth momentum remains strong and fears that crude price shocks will derail it are a "narrative problem, not reality," said Neelkanth Mishra, India's newly appointed Executive Director at the World Bank. In an exclusive interview with ANI, Mishra spoke on Indian economy's outlook amid West Asia te...

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What steps India has taken to stem pressure on its external balance of payments

India's currency has tumbled to record lows this year because of pressure on the economy's balance of payments (BoP), prompting steps by authorities to try to cool dollar outflows. A surge in oil prices following the Iran conflict and selling of Indian stocks by foreign investors are likely to widen the Bo...

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India inflation likely rose to 4% in May as food, fuel costs climb

India's inflation likely rose to the Reserve Bank of India's medium-term target of 4% in May, driven by a pickup in vegetable prices and higher fuel costs following the U.S. and Israel war against Iran, a Reuters poll of economists showed. Inflation has remained below the RBI's 4% target for 15 consecutive...

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How E85 fits into India’s plan to reduce crude oil imports

India has launched E85 fuel as part of a wider plan to reduce dependence on imported crude oil. But the new fuel is meant only for flex-fuel vehicles, not regular petrol or E20-compliant cars. India’s E85 launch is not just another fuel station story. It is the Centre’s latest attempt to solve a much older...

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States’ capital expenditure falls 8% in April

State governments started 2026-27 on a cautious note, with an estimated 8% dip in their budgetary capital expenditure and moderate growth in revenue expenditure. Data compiled from 20 major states showed that aggregate capital expenditure fell 8.2% year-on-year to Rs 20,931 crore in April 2026, reversing t...

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‘Will protect India’s interests’: Piyush Goyal downplays Section 301 concerns

Commerce and Industry Minister Piyush Goyal has said India-US trade negotiations are moving “extremely well”, but warned that the final value of the deal will depend on whether Indian exports are burdened by additional tariffs under the US Section 301 process. Speaking at the FE Best Banks Awards 2026, Goy...

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MARKET & FINANCE

India eyes major bond index entry as tax exemptions sweeten appeal

India plans to make a renewed pitch for inclusion of its sovereign debt in major global bond gauges, including the Bloomberg Global Aggregate Index, after exempting foreign investors from capital gains and withholding taxes and vastly widening the investable pool of long-dated securities, officials said. R...

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Rupee may trade range-bound; sharp appreciation unlikely

The Centre’s and the Reserve Bank of India’s recent measures to attract foreign capital inflows are expected to ease pressure on the rupee and arrest its one-way slide, but a sharp appreciation remains unlikely amid persistent geopolitical uncertainty, market participants said. Most analysts expect the rup...

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FII selling continues: Rs 43,000 cr outflow in June so far as weak rupee, AI Boom fuel capital Rotation

The FII outflows from Indian equity markets continue. Foreign portfolio investors net sold Rs 42,927 crore worth of equities in the first week of June alone. Experts believe a convergence of global capital rotation toward artificial intelligence opportunities and a sharply weaker rupee continued to erode the...

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Adani Block Deals: GQG Partners offloads shares in Adani Enterprises and Adani Energy; SBI Mutual Fund absorbs entire chunk

The big story of the day is the big block deal across Adani Group companies. GQG Partners Emerging Markets Equity Fund offloaded shares in Adani Enterprises and Adani Energy Solutions’ equity shares via block deals. These shares were bought entirely by SBI Mutual Fund. On June 05, GQG Partners sold 1.64 c...

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GLOBAL CORPORATE

Swiss Firms Invest $27 Billion in US After Tariff Deal, NZZ Am Sonntag Reports

Swiss companies invested $27 billion in the United States between January and April, as Switzerland moves to fulfil a pledge to sharply increase investment following a tariff agreement with Washington, NZZ am Sonntag reported. The figure was contained in an internal email from the Swiss-American Chamber of...

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Nvidia Clinches Deals With South Korean Giants Including SK Group to Advance AI Boom

Nvidia on Monday announced a series of deals in South Korea with tech giants including SK Hynix and Naver, as it looks to secure crucial memory chips to power its AI ambitions and entice new customers. The agreements come during a high-profile trip by Nvidia CEO Jensen Huang to South Korea that began on Fr...

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China Exports Set for Strong May on Front-Loaded Orders, Chip Demand: Reuters Poll

China's export growth likely strengthened in May, underpinned by a backlog of overseas orders brought forward to pre-empt energy price pressures tied to the Gulf war, alongside sustained global demand for semiconductors and AI-related components. Exports from the world's second-largest economy are forecast...

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Middle East conflict halves airline profit outlook

The widening conflict in the Middle East has emerged as the biggest threat to the global airline industry’s profitability this year. At the meeting in Rio de Janeiro on Sunday, the International Air Transport Association (IATA) sharply downgraded its 2026 financial outlook, citing the fallout from the US and...

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US-Iran war sends container shipping rates soaring over 100% on key trade routes: Report

Global container shipping rates have surged to their highest levels in about a year as the war between the United States and Iran continues to disrupt trade routes, raise fuel costs and strain shipping networks across Asia. Fresh data from freight analytics platform Xeneta shows the cost of moving goods by s...

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GLOBAL ECONOMY

Japan's Economy Cools on Weak Capex in Q1, Revised Data Shows

Japan's economy lost momentum in the January-March quarter from the previous three months on sluggish capital expenditure, revised gross domestic product data showed on Monday, pointing to challenges ahead due to the Middle East c...

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Vietnam Cbank Vice Governor Says Country Will Lean Towards Fiscal Policy to Meet Growth Target

Vietnam will lean towards expansionary fiscal policies to meet the government's economic growth target, with the room narrowing for monetary policy, the country's deputy central bank governor Pham Thanh Ha was cited by state media...

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INDIAN CORPORATE

Reliance Infrastructure makes AI foray, launches three dedicated subsidiaries; shares surge 5%

Reliance Infrastructure has entered the artificial intelligence space by launching three AI-focused subsidiaries- Reliance AI World Private, Reliance AI Apex Private, and Reliance AI One Private. In a regulatory filing, the com...

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Jefferies backs Adani Power’s 42 GW ambition, says PPA wins strengthen growth visibility

Adani Power‘s plans to more than double generation capacity by FY32, improve power purchase agreement coverage and strengthen cash-flow generation. This has reinforced Jefferies‘ positive view on the stock following a management i...

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COMMERCIAL LAW

India welcomes Chinese investments in ‘desirable sectors’ but RCEP is off the table, says Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal said on Sunday that India remains open to investments from China and other neighbouring countries in desirable sectors, but there is “absolutely no chance” that the Narendra Modi g...

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