liquidity

The Reserve Bank of India is injecting $5 billion into the banking system through a USD/INR buy-sell swap auction on May 26. This move aims to boost long-term liquidity amidst a weakening rupee and global uncertainties. Banks will sell dollars to the RBI and buy them back in three years, with bids based on premium offers.

The Indian Rupee saw a welcome rebound, gaining 61 paise to trade at 96.25 against the US dollar, driven by easing oil prices. Despite this recovery, the currency remains under pressure, marking a nine-session losing streak. The Reserve Bank of India announced a $5 billion dollar-rupee swap auction to bolster banking system liquidity amidst global uncertainties and foreign investor outflows.

Candace Owens’ cancelled Australian tour has turned into a major financial controversy after promoter Rocksman collapsed with almost no money left, leaving around 15,000 ticket holders without refunds. Owens claims her team lost “hundreds of thousands of dollars” during the failed visa battle and refund efforts. Liquidation reports are now examining the company’s finances, including possible insolvent trading and questionable transactions, while angry fans and sponsors continue demanding answers about the missing money.

An Irish teenager's innovative project made invisible microplastic pollution visible. Fionn Ferreira used magnetic liquids to attract tiny plastic particles from water. This simple yet powerful demonstration captured global attention. Scientists are now further exploring magnetic methods for water purification. The discovery highlights a tangible approach to a growing environmental concern.

Apple's upcoming macOS 27 will refine its 'Liquid Glass' design, fixing transparency and shadow issues that struggled on LCD screens. This isn't a redesign but an implementation fix, bringing the intended visual polish. Expect significant reliability and performance boosts, a revamped Siri with chatbot capabilities and AI integration, and Safari's new automatic tab grouping feature.

Groww's founders have divested approximately 0.23% of their stake, a transaction valued between Rs 250-260 crore. This significant liquidity event for the promoters follows early investors selling holdings post-IPO lock-in. The wealthtech firm's shareholding saw a shift, with promoter holdings decreasing and public shareholding increasing. Groww's market valuation has surged considerably since its November 2025 listing.

India's second-largest shareholder, the Asian Infrastructure Investment Bank (AIIB), has launched a $10 billion fund to aid member nations grappling with the Middle East conflict's economic fallout. This facility offers crucial support for energy and food security, alongside economic resilience, through fast-disbursing aid and liquidity for affected countries and businesses.

Mumbai Port Authority achieved a record 75.15 MMT cargo throughput in FY26, aiming for 80 MMT next. This success, attributed to stakeholders, highlights its significant share in India's major ports and specific cargo segments. Discussions focused on enhancing efficiency, vessel turnaround, and eco-friendly practices to boost maritime trade.

Amy Jackson captivated at Cannes 2026 in a dreamy, soft silver gown that exuded old-Hollywood glamour. The liquid satin dress featured delicate crystal work on a sweetheart neckline and a sculpted, asymmetrical drape, creating a graceful, goddess-like effect. Minimalist styling and a soft beauty look allowed the elegant, quietly dramatic ensemble to shine.