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Morning News

30/05/2026

**Financial News**
Source: Leading Newspapers
Compiled by *RUDRA SHARES*
Vande Mataram
Saturday, 30 May 2026


*Information Technology & Digital*
• Happiest Minds banking on large deals to maintain double digit growth
• TCS loses part of RBC Canada technology mandate, 150 members to be 'rebadged'
• AI will increase demand for human capability, says Infosys chairman Nilekani
• Infosys keeps CEO succession plans under wraps in AGM agenda


*Banking, Finance & Regulation*
• Supreme Court seeks police and CBI response on Lilavati Trust's plea against HDFC chief
• Iran war: Public sector banks asked to stay prepared
• ‘Bank frauds rise 46 per cent
• Forex reserves fall $7.5 billion
• Sebi eases nomination rules for demat accounts, MFs
• Founders sell Rs 665 crore worth Policybazaar shares to several domestic, global investors
• FPIs' record highest single-day net sell-off in two years, at worth Rs 21,106 crore of Indian equities on May 29


*Media, Advertising & Digital Platforms*
• Offshore betting ads growing despite ban on online money games: ASCI


*Commodities*
• Silver stood at Rs 2,63,371 spot on May 29
• Gold stood at Rs 1,55,964 spot on May 29
• With quiet US help, Strait of Hormuz is getting busy again; giving hope for global oil & gas flows
• Oil sinks to 6-week low as traders bet on possible US-Iran truce
• India’s love affair with gold takes a pause as higher duties bite


*Government, Politics & Public Affairs*
• Census in Bengal to be held from Aug 1 to Feb end next year: CM
• Kerala CM V D Satheesan condemns attack on ED officials during Pinarayi Vijayan residence search
• West Bengal clears way for CBI probe in GTA teacher recruitment case
• Manipur to begin Special Intensive Revision of electoral rolls from today
• Signature scandal deepens: CID probes legitimacy of TMC LoP selection letter


*Global Economy & Geopolitics*
• Iran war a stagflationary shock; world economy not ready for long war: BofA
• Trump administration to appeal court-ordered refunds of Trump tariffs
• IMF, World Bank, IEA chiefs warn of summer fuel scarcity if Strait of Hormuz remains closed
• Donald Trump will only accept Iran deal that 'satisfies his red lines': White House
• Scott Bessent says ‘we will see’ on potential Iran sanctions relief


*Corporate & Business*
• India poised to add over $2 trillion in wealth by 2030: Report
• US FDA flags data integrity, maintenance lapses at Dabur India plant
• Delhi High Court rejects Pernod Ricard plea to sell liquor in Delhi
• Tax sops and incentives may soon be given to complete the missing link in India’s EV ambitions
• Moody's upgrades Reliance to Baa1 on strong balance sheet, diversified businesses
• Mazagon Dock gains on report of FinMin clearing Rs 70,000 crore P-75I submarine deal


*Capital Markets & IPOs*
• Rodec Pharma, Renny Strips, Krishna Buildspace receive SEBI approval to float IPOs


*Aviation*
• GST dept issues tax demand of Rs 124 crore to SpiceJet, slaps showcause notice for delay in return filing


Jai Hind 
*Rudra Hai to Mudra Hai*
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