Banking & Markets: India’s current account deficit may narrow to 1.6% of GDP in FY27 as lower oil prices and stronger exports help, with ICICI Bank pointing to a May goods export jump and a steadier trade deficit. Regulation & Compliance: India’s ED raided 17 locations tied to Suraksha ARC and related firms, probing suspected irregular YES Bank loan assignments and insolvency process transparency. Capital Markets: The Indian government plans to sell 5% equity in GIC Re via an offer-for-sale this week, with a floor price set at INR352. Energy & Macro: BOJ raised its policy rate to 1% (31-year high), lifting the yen’s pressure and feeding into Asia’s cautious risk tone as investors also weigh the US-Iran peace path for oil and shipping. Insurance: Aon says regulatory reforms are boosting global interest in India’s insurance market, with competition expanding capacity and pushing down premiums. Tech & Payments: India launched UPI in France, while AU Small Finance Bank and Motilal Oswal upgraded their 3-in-1 account experience to reduce fund-transfer friction for trading. Deals & Funding: Crest raised $3.1m pre-seed and ContraVault AI raised $3.1m pre-Series A; Sarvam reportedly secured $234m Series B to build India’s sovereign AI stack. Energy Transition: Suzlon launched its 5MW S175 wind turbine, positioning it for India’s next wind growth phase. Cross-border Trade: Asian markets edged higher as investors digested US-Iran deal optimism and awaited central bank decisions.