TNI Business News Beat – May 19, 2026

TNI Business News Beat – May 19, 2026

Date:

📌 India’s Current Account Deficit May Widen Sharply

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India’s CAD is projected to rise to 2.3% of GDP in FY27 amid higher oil prices and global economic pressures.

📌 Rupee Slides To Record Low Amid Oil Surge

Rising global bond yields and elevated crude oil prices continue to weaken the Indian rupee.

📌 India Continues Russian Oil Purchases

Officials indicated India will keep buying Russian crude irrespective of uncertainty around US sanctions waivers.

📌 India’s Fertiliser Subsidy Bill May Jump ₹70,000 Crore

The West Asia crisis and rising input costs could sharply increase the government’s subsidy burden in FY27.

📌 India-Netherlands Sign 17 Major Agreements

Multiple deals were signed during PM Modi’s visit, strengthening cooperation in trade, technology and infrastructure.

📌 Govt Pushes PSBs And Insurers Towards EV Adoption

State-run banks and insurance firms have been asked to cut costs and accelerate transition towards electric vehicles.

TNI Business News Beat - May 19, 2026

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