The Reserve Bank of India reported that India's economy showed resilience in May 2025. This is despite global trade issues and geopolitical tensions. Key sectors like industry and services performed well. Foreign direct investment increased significantly in April. However, the RBI cautioned that global trade frictions and geopolitical risks could affect future growth.

Rupee softens after record gain, closes at 86.08 to dollar, traders eye trade cues and RBI data
https://timesofindia.indiatimes.com/business/india-business/rupee-softens-after-record-gain-closes-at-86-08-to-dollar-traders-eye-trade-cues-and-rbi-data/articleshow/122073740.cms

The rupee edged down 3 paise to 86.08 against the dollar, reversing some of the previous day's gains due to a stronger dollar and foreign fund outflows. Despite this dip, domestic equities surged, with the Sensex jumping 700 points. Investors are now awaiting key economic data, including current account figures and industrial production numbers, for further market direction.

Income Tax Return: What is Form 16? Top things taxpayers should check in this document before filing ITR
https://timesofindia.indiatimes.com/business/financial-literacy/taxation/income-tax-return-what-is-form-16-top-things-taxpayers-should-check-in-this-document-before-filing-itr/articleshow/122074184.cms

ITR filing: Form 16, a crucial document for salaried taxpayers, is issued by employers, detailing TDS on salary. It contains vital information like employer/employee details, income earned, and deductions.

Highest FD rates: Despite 1% RBI rate cut, get up to 9% interest rate on fixed deposits - check list
https://timesofindia.indiatimes.com/business/financial-literacy/savings/highest-fd-rates-despite-1-rbi-rate-cut-get-up-to-9-interest-rate-on-fixed-deposits-check-list/articleshow/122074549.cms

Despite repo rate cuts, some small finance banks offer attractive FD rates above 8%. Slice Small Finance Bank leads with 9% for specific tenures. While these banks target underserved regions and offer higher returns, analysts advise caution due to their elevated risk profiles compared to commercial banks, even with deposit insurance.

India laps up discounted crude: RIL, Nayara Energy get big chunk of Russia’s flagship oil exports; Reliance world’s single biggest buyer of Urals
https://timesofindia.indiatimes.com/business/india-business/india-laps-up-discounted-crude-ril-nayara-energy-get-big-chunk-of-russias-flagship-oil-exports-reliance-worlds-single-biggest-buyer-of-urals/articleshow/122074724.cms

India has become the primary destination for Russian Urals crude oil in 2025, with private refiners Reliance and Nayara significantly increasing their purchases. Reliance has secured a long-term contract, making Urals a substantial portion of their total crude acquisitions.

RIL share price outlook: CLSA sees Q1 as turning point for Reliance Industries stock, predicts 14% upside on retail and Jio gains
https://timesofindia.indiatimes.com/business/india-business/ril-share-price-outlook-clsa-sees-q1-as-turning-point-for-reliance-industries-stock-predicts-14-upside-on-retail-and-jio-gains/articleshow/122074878.cms

Reliance Industries' shares may see a boost from strong Q1 earnings, with CLSA projecting improvements across retail, telecom, and O2C businesses. Retail is expected to show high-teens EBITDA growth, while Jio anticipates significant subscriber additions. The upcoming AGM could provide insights into the Jio IPO and expansion plans in various sectors.

Fuels to be available at select Reliance, Adani companies' outlets
https://timesofindia.indiatimes.com/business/india-business/fuels-to-be-available-at-select-reliance-adani-companies-outlets/articleshow/122077555.cms

Foreign spends grow 9% to $2.5 billion in April led by travel
https://timesofindia.indiatimes.com/business/india-business/foreign-spends-grow-9-to-2-5-billion-in-april-led-by-travel/articleshow/122077759.cms