ECONOMY & NATION


In the old days, when I was in junior college, my dad used to occasionally ask me: “Walter, what is the front-page news today?”, and I would tell him. He used to do this to check whether I was keeping up with the (times) Times! If he had to ask me the same question now, I would probably have to...

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Competing with the mango season, the impairment season arrives with due ceremony.    First came an infrastructure major recognising an impairment of nearly US$1bn (billion), at the exchange rate prevailing the last time the government changed in New Delhi.    Next came a non-banking finance...

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SN Thyagarajan (Bar  and   Bench) 29 May 2026
The Supreme Court on Friday granted partial relief to Reliance Industries Limited (RIL) by setting aside a direction by the Securities and Exchange Board of India (SEBI) to disgorge ₹447.27 crore in the 2007 Petroleum futures trading case (Reliance Industries Limited Vs SEBI).   A Bench of...

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Moneylife Digital Team 28 May 2026
IDFC FIRST Bank has received ₹514.82 crore under the credit guarantee fund for micro units (CGFMU) scheme, an amount that nearly offsets the financial impact of the Chandigarh branch fraud that forced the lender to pay out ₹645 crore earlier this year.   The private sector lender had already...

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Moneylife Digital Team 28 May 2026
India’s insolvency resolution framework continued to face mounting pressure in FY25-26, with lender recoveries under the Insolvency and Bankruptcy Code (IBC) falling sharply and resolution timelines remaining significantly above prescribed limits, says a report. Rating agency ICRA described the...

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Moneylife Digital Team 28 May 2026
India’s insolvency resolution framework continued to face mounting pressure in FY25-26, with lender recoveries under the Insolvency and Bankruptcy Code (IBC) falling sharply and resolution timelines remaining significantly above prescribed limits, says a report. Rating agency ICRA described the...

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Moneylife Digital Team 28 May 2026
Reserve Bank of India (RBI) has imposed penalties totalling ₹6 lakh on three cooperative banks for non-compliance with various regulatory directions issued by the banking regulator.   The banks penalised are: Shree Laxmi Cooperative Bank Ltd from Maharashtra, Jalore Central Cooperative Bank...

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Moneylife Digital Team 28 May 2026
A Singapore court has sentenced Byju’s founder, Byju Raveendran, to six months in prison in a contempt-of-court case linked to non-compliance with asset-disclosure orders, marking one of the most serious legal setbacks yet for the embattled edtech entrepreneur.   The court reportedly held...

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Moneylife Digital Team 27 May 2026
The ongoing conflict in West Asia and the closure of the Strait of Hormuz have triggered the largest oil shock globally to date, sharply increasing input costs across sectors and raising concerns about fresh inflationary pressures in India, according to a CRISIL report.   In its latest...

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Moneylife Digital Team 27 May 2026
The national human rights commission (NHRC) has taken suo motu cognisance of the death of a patient following a fire at a private hospital in Dehradun, with the rights panel observing that the incident, if true, raises serious concerns of human rights violations.   In a release, NHRC said it...

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Debayan Roy (Bar  and   Bench) 27 May 2026
The Supreme Court on Wednesday upheld the legality of the Special Intensive Revision (SIR) of electoral rolls in Bihar and other States and held that the Election Commission of India (ECI) is well within its powers to conduct the exercise.   The Bench of Chief Justice of India (CJI) Surya...

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Moneylife Digital Team 27 May 2026
A crucial board meeting of Tata Sons on Tuesday focused on the financial health of several loss-making group businesses, leadership continuity and the future strategic direction of the conglomerate amid growing internal discussions within the Tata group.   The day-long meeting at Bombay House...

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Moneylife Digital Team 26 May 2026
In a case that lays bare the callous treatment ordinary borrowers receive at the hands of India's largest public sector bank, the national consumer disputes redressal commission (NCDRC) has upheld a compensation award of ₹10 lakh against State Bank of India (SBI) — after the lender conveniently...

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Moneylife Digital Team 26 May 2026
A Delhi court on 26 May 2026 recorded a statement on behalf of Manoj Kesarichand Sandesara that no further takedown action would be pursued against content published by Moneylife until the next date of hearing in an appeal filed by Moneywise Media LLP. The undertaking was given in an appeal...

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Dr TV Gopalakrishnan 26 May 2026
The continued depreciation of the Indian rupee raises an important question: Can the currency of a nation with one of the world’s largest economies, substantial gold holdings, large foreign exchange reserves, vast natural and human resources and one of the world’s biggest domestic markets...

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Moneylife Digital Team 26 May 2026
India’s residential real estate market witnessed record-breaking new housing launches in FY25-26, even as overall sales growth remained largely flat, signalling a broadening market expansion beyond large developers and premium housing, according to the latest residential market report by Liases...

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Moneylife Digital Team 25 May 2026
Union minister of finance Nirmala Sitharaman on Monday said the ongoing crisis in West Asia is no longer merely a diplomatic or geopolitical issue, warning that the prolonged conflict would directly impact fuel prices, shipping costs, supply chains and household expenses for ordinary...

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Moneylife Digital Team 25 May 2026
Gold loans have emerged as the fastest-growing retail credit segment in India, with outstanding loans surging 50.4% year-on-year (Y-o-Y) to ₹18.6tn (trillion) as of March 2026, according to the latest edition of the ‘How India Lends – Credit Landscape in India’ report released by CRIF High...

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Moneylife Digital Team 25 May 2026
A prolonged conflict in West Asia could shave around 200bps (basis points) off the operating profitability of Indian companies this fiscal, even as overall credit quality is expected to remain resilient due to strong corporate balance sheets and steady domestic demand, according to a stress...

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Moneylife Digital Team 25 May 2026
A prolonged conflict in West Asia could shave around 200bps (basis points) off the operating profitability of Indian companies this fiscal, even as overall credit quality is expected to remain resilient due to strong corporate balance sheets and steady domestic demand, according to a stress...

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