Economy
NBFCs return to banks for loans as bond yields stay elevated
Bank credit to NBFCs rises sharply as shadow lenders shift funding sources amid high bond yields, supported by regulatory easing and improved banking liquidity
 "NBFCs return to banks for loans as bond yields stay elevated")
More than 77% of 880.5 mt gold reserves held domestically, says RBI
Central bank increases domestic share of gold reserves to 77.23% in FY26, with holdings rising to 680 MT even as overall forex reserves and gold value expand
 "More than 77% of 880.5 mt gold reserves held domestically, says RBI")
Diesel export duty at ₹23/l, ATF at ₹33/l; petrol stays nil: Govt
There is no change in excise duty on petrol and diesel meant for domestic consumption
 "Diesel export duty at ₹23/l, ATF at ₹33/l; petrol stays nil: Govt")
Rural women dominate labour market, yet gender gap persists, says NSO
Unemployment remains most pronounced among youth
 "Rural women dominate labour market, yet gender gap persists, says NSO")
War, oil and the rupee: Why policy is playing defence, not stimulus
India's policy response to rising oil prices and geopolitical risks remains cautious, prioritising macroeconomic stability over stimulus as inflation pressures and second-order effects begin to emerge
 "War, oil and the rupee: Why policy is playing defence, not stimulus")
The return of Section 301: How Washington's next trade lever may test India
The US government has revived Section 301 investigations into India over excess capacity and forced labour concerns, raising risks of tariffs and tighter compliance for key export sectors
 "The return of Section 301: How Washington's next trade lever may test India")
BOI to raise up to Rs 7,500 crore through Tier I, Tier II bonds in FY27
Bank of India plans capital raise through Basel III-compliant Tier-I and Tier-II bonds to strengthen its capital base
 "BOI to raise up to Rs 7,500 crore through Tier I, Tier II bonds in FY27")
India's oil trade deficit rises despite softer crude prices: Crisil
Rating agency flags divergence between global and domestic oil demand trends as imports outpace exports, putting pressure on India's overall trade balance
 "India's oil trade deficit rises despite softer crude prices: Crisil")
India to soon notify eased FDI norms for firms with 10% China stake: Report
However, the relaxed FDI rules will not apply to entities registered in China/Hong Kong or other countries sharing land borders with India
 "India to soon notify eased FDI norms for firms with 10% China stake: Report")
Bank credit growth slows to 14.88% in first half of April: RBI data
Bank credit stood at ₹214 lakh crore in the fortnight ended April 15, as compared to ₹218 lakh crore during the preceding 15-day period ended March 31
 "Bank credit growth slows to 14.88% in first half of April: RBI data")
India's April gold imports seen down 57% to 15 tonnes, near 30-year low
In 2017, when India adopted the IGST, gold-importing banks were exempted from paying the 3% levy
 "India's April gold imports seen down 57% to 15 tonnes, near 30-year low")
ECL shift may hit banks' CET-1, raise credit costs in initial years: Report
RBI's new expected credit loss framework may lower CET-1 ratios and increase provisioning in early years, though banks are likely to absorb the impact over time
 "ECL shift may hit banks' CET-1, raise credit costs in initial years: Report")
FDI in India may cross $90 billion in FY26 on strong inflows: DPIIT Secy
Reform measures, free trade agreements and fast-growing economic growth are helping the country to attract healthy investments
 "FDI in India may cross $90 billion in FY26 on strong inflows: DPIIT Secy")
Iran conflict creates two-speed diesel market across Asian economies
Asia typically sources most of its diesel from plants within the region, which in turn rely on flows of crude from West Asia for a substantial share of their input
 "Iran conflict creates two-speed diesel market across Asian economies")
Cars, ACs cheaper but food prices inched up after GST cuts: Bank of Baroda
GST rate cuts have sharply lowered prices of cars and appliances, but rising input costs have limited relief for food and personal care items, Bank of Baroda analysis shows
 "Cars, ACs cheaper but food prices inched up after GST cuts: Bank of Baroda")
OMCs may face LPG under-recovery of around ₹80,000 crore in FY27: Icra
State-run oil firms may face steep LPG under-recoveries in FY27 due to high global prices and supply disruptions, with broader cost pressures seen across energy-linked sectors
 "OMCs may face LPG under-recovery of around ₹80,000 crore in FY27: Icra")
EPFO to launch Aadhaar-based portal to unlock dormant PF accounts
EPFO will launch an Aadhaar-based portal, E-PRAAPTI, to help members access inactive PF accounts, retrieve unclaimed balances, and streamline account activation
 "EPFO to launch Aadhaar-based portal to unlock dormant PF accounts")
Expedite reforms instead of salvaging near-term growth: Finance ministry
Finance ministry's Monthly Economic Review urges India to prioritise fiscal stability and reforms over short-term growth amid risks from the West Asia crisis
 "Expedite reforms instead of salvaging near-term growth: Finance ministry")
Rare Earth Corridor gains momentum as Andhra targets ₹50,000 cr investment
State plans integrated rare earth ecosystem with mining, processing and manufacturing as India seeks to reduce dependence on China for strategic minerals
 "Rare Earth Corridor gains momentum as Andhra targets ₹50,000 cr investment")
Exports see healthy rise in April despite West Asia challenges: Goyal
Goyal also said that free trade agreements finalised by India would give a huge boost to the domestic industry
 "Exports see healthy rise in April despite West Asia challenges: Goyal")