India revises export tax rates on diesel and aviation turbine fuel. The government issued a formal notification adjusting the Special Additional Excise Duty and Road and Infrastructure Cess on these energy exports.

Russian industrial investment sentiment drops to 2008-2009 crisis levels as GDP contracts by 0.3% in the first quarter of 2026, according to official data. High interest rates continue to restrict business activity across the manufacturing sector.

According to the Institute of Economic Forecasting of the Russian Academy of Sciences, Russian industrial investment sentiment has declined to 2008-2009 crisis levels, with only 38% of companies viewing investment levels as normal. Additionally, the Ministry of Economic Development estimates a 0.3% year-on-year decline in GDP for the first quarter of 2026.

Russian Prime Minister Mikhail Mishustin announces a debt write-off of over 114 billion rubles for 21 regions. The government initiative aims to free up regional budget resources to support local economic development and public services.

Russian Prime Minister Mikhail Mishustin announced that the government will partially write off budget loan debts for 21 Russian regions, totaling over 114 billion rubles. The measure is intended to free up resources for regional budgets and support economic development.

Three killed in post-election violence in India's West Bengal state. Chief Election Commissioner Gyanesh Kumar orders immediate arrests following attacks on All India Trinamool Congress offices.

At least three people were killed and offices of the All India Trinamool Congress were vandalized in West Bengal following post-election violence. India's Chief Election Commissioner Gyanesh Kumar has ordered the immediate arrest of those responsible for the attacks.

Samsung Electronics reaches $1 trillion market capitalization, becoming the second Asian company to hit the milestone after TSMC. The surge follows increased demand for artificial intelligence chips.

Samsung Electronics has reached a market capitalization of $1 trillion, becoming the second Asian company to achieve this milestone after TSMC, driven by high demand for artificial intelligence chips.