*Financial News*
Source: Leading Newspapers
*Compiled by RUDRA SHARES* 
Vande Mataram
Saturday, 16 May 2026

*Automobile & Electric Vehicles*
• Air India's challenges are ‘largely external’, says Singapore Airlines CEO
• Tata Motors PV sees profitability in electric vehicles with reduced costs
• Curbs on compressor imports could hit supply of ACs and refrigerators, warn companies

*Banking & Financial Services*
• TVS and other investors keen to buy stake in Jana Small Finance Bank
• PFC-REC merger may not be a priority amid war-related financial pressure
• PSBs tap liquidity buffer to meet strong loan demand
• SIP registrations ease amid volatility, but experts say investor base remains resilient
• FIIs infuse Rs 1,329 crore into equities while DIIs offload Rs 1,958 crore on May 15
• India’s forex reserves jump by $6.295 billion to $696.988 billion
• India’s April exports jump 13.8% while trade deficit widens to a three-month high
• CBDT eases PAN application norms for FPI onboarding after SEBI flags investor concerns

*Capital Markets & Regulatory*
• Sebi expands permitted use of borrowings for highly leveraged InvITs
• SEBI approves IPO proposals of Neolite ZKW Lightings, Aspri Spirits and SS Retail
• Mahanadi Coalfields gets government clearance to launch IPO
• Govt clears proposal for Mahanadi Coalfields listing; Coal India may divest up to 25% stake
• SpaceX accelerates IPO plans and targets June 11 pricing on Nasdaq
• Nazara Tech sees large block deals; Nikhil Kamath among likely buyers, reports CNBC-TV18

*Metals, Mining & Energy*
• JSW Steel posts 13-fold rise in profit for March quarter
• Govt clears Mahanadi Coalfields IPO proposal amid coal sector reforms

*Commodities*
• Silver stood at Rs 2,68,147 spot on May 14
• Gold stood at Rs 1,57,752 spot on May 15
• Govt imposes windfall tax on petrol exports; cuts duty on diesel and aviation turbine fuel
• Fuel price hike may push inflation up by 20 bps, say experts
• Food services set to become costlier starting next week amid fuel price hike

*Politics & Government*
• Kiren Rijiju asks Rahul Gandhi to disclose details of his foreign travels
• West Bengal Assembly session to begin from June 18; budget scheduled on June 22
• Bengal minister Agnimitra Paul warns against street disruptions, says rules apply to all religions
• Chandra Mohan Patowary sworn in as pro-tem speaker of the 16th Assam Legislative Assembly

*Global News*
• Trump calls US-China ties ‘G-2’; says Xi unlikely to move on Taiwan during his term

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