Economics

India's bullion market witnessed a notable correction during the previous trading week, with both gold and silver prices declining by nearly two percent amid changing investor sentiment and fluctuations in international commodity markets. Market participants attributed the decline largely to profit-booking after recent gains, along with uncertainty surroundi...

Global crude oil prices recorded a notable decline of around 1.5% on May 29, 2026, providing some relief to energy-importing economies like India. The drop was broad-based, affecting both of the world's primary oil benchmarks.

Global equity markets presented a mixed picture on May 29, 2026, with major Asian stock indices posting strong gains while European markets remained divided in their performance.

The Department of Financial Services (DFS) held a high-level review meeting at Vigyan Bhawan, New Delhi, chaired by its Secretary, M. Nagaraju. The gathering brought together the leadership of all major Public Sector Banks (PSBs) to undertake a comprehensive evaluation of their progress during the financial year 2025-26.