*Financial News*
Source: Leading Newspapers
*Compiled by: Rudra Shares*
Vande Mataram
Sunday, 3 May 2026

*Banking, Finance & Markets*
• Indian ETFs record highest-ever net inflows of over ₹1.8 lakh crore in FY26, according to Zerodha Fund House
• National Stock Exchange schedules EGM on May 25; proposes governance overhaul and higher NRI cap
• Berkshire Hathaway cash pile surges to a record $397 billion
• FII outflows not due to lack of AI exposure or taxes, says Shankar Sharma
• IPO calendar remains active with ₹3,491 crore worth of issues lined up

*Economy & Policy*
• Government eases FDI norms under FEMA for foreign firms with up to 10% Chinese stake
• Chief Economic Adviser V Anantha Nageswaran calls for a capex push amid EV growth momentum
• Finance Ministry holds talks to accelerate case disposal by Debt Recovery Tribunals (DRTs)
• Minimum import price on Multi-Layer Paper Board extended till September 30

*Geopolitics & Global Developments*
• US redirects 48 vessels in the Strait of Hormuz amid rising tensions with Iran
• Iran plans stricter control over Hormuz; signals long-term shipping disruption
• India-bound LPG carrier successfully crosses Hormuz, says Shipping Ministry
• Donald Trump warns Iran against escalation

*Corporate & Industry*
• TVS Motor Company reports 7% YoY growth in April sales at 4.73 lakh units
• Policy incentives, not sustainability push, driving India’s EV growth story

*Legal & Regulatory*
• Bombay High Court rules in favour of GlaxoSmithKline in Paxil trademark dispute against Shreya Life Sciences

*Infrastructure & Technology*
• National Highways Authority of India launches India’s first stop-free toll system on NH-48 in Gujarat

*Politics & Governance*
• Government appoints R Balasubramaniam and Joram Beda Aniya as full-time members of NITI Aayog
• Election Commission of India orders repoll in 285 booths of Falta constituency in West Bengal on May 21
• Himanta Biswa Sarma likely to secure second term as BJP sees strong mandate
• Bhagwant Mann wins trust vote
• Nitish Kumar shifts residence amid cabinet discussions

*Jai Hind*
 *Rudra Hai to Mudra Hai* 
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