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Morning News

29/05/2026

*Financial News* 
Source: Leading newspapers 
*Compiled by Rudra Shares* 
Vande MATARAM 
Friday, 29 May 2026


*Banking, Finance & Insurance*
• Central Bank of India well-positioned to cross ₹5,000 cr profit in FY27: MD
• LIC eyes improvement in realty returns, considers separate unit
• Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEO
• IDBI Bank stake sale back on table; Centre explores revival options
• RBI commentary next week may stay defensive, not dovish, amid oil risks: Alpha Capital founder
• Bajaj Finserv lines up Rs 2,000 crore for AI, cybersecurity
• Coal India OFS gets good demand amid green energy risks


*Energy, Oil & Power*
• Rourkela steel plant signs deal with GAIL for uninterrupted PNG supply
• Reliance Industries flags 'extreme volatility' risks from West Asia crisis
• Iranian forces stop 4 vessels in Strait of Hormuz after firing ‘warning shots’
• Bank, OMC shares to remain in focus as crude rises after fresh US strikes in Iran


*Automobile & Auto Ancillaries*
• Battle of Indian carmakers heats up as JSW Motors plans Diwali debut
• EV demand charges ahead but supply runs low


*Telecom, Technology & Digital*
• RIL to seek nod for ₹16.64 trillion transactions tied to JPL, Jio
• Big tech gives South Korea, Taiwan the edge over India
• India wants more than just Apple’s assembly line with PLI 2.0
• Vodafone Idea cautions against preferential network access amid Airtel priority postpaid scrutiny
• Zepto shares in unlisted market falls 30% since April despite IPO approval


*Metals, Mining & Steel*
• Steel giants set for Rs 75,000 crore capex push in FY27
• Non-ferrous metal recycler CMR Green Technologies' IPO to hit Dalal Street on June 3


*Healthcare & Pharmaceuticals*
• Cipla is aiming for 40-50 global product filings in three years, says MD Achin Gupta


*Consumer, Retail & FMCG*
• All Kwality Wall's items to be milk-based next year, says CEO Peter ter Kulve


*Economy & Policy*
• India stands out with strongest growth prospect as global growth to weaken: WEF survey
• India’s solar crisis has been failure of planning, coordination and infra: Swaminathan Aiyar


*Political Developments*
• Propaganda, misinformation: BJP's response to Rahul Gandhi's CBSE OSM allegations
• BJP's influence now stretches from Gangotri to Gangasagar: Amit Shah
• Assam Cabinet expansion delayed as BJP grapples with too many claimants
• Congress seeks Rajya Sabha seat from ally Vijay's TVK
• Patience pays for Karnataka's chief minister-designate DK Shivakumar
• Ex-World Bank executive director, retd IAS officer dies in Delhi house fire linked to AC blast


*Commodities*
• Silver stood at Rs 2,60,934 spot on May 28
• Gold stood at Rs 1,55,400 spot on May 28
• Gold slumps to two-month low as US strikes damp peace talk hopes


Jai Hind
Rudra Hai to Mudra Hai
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