![Illustration about Economy: The [Reserve Bank of India (RBI)] has approved a record surplus transfer (dividend) of Rs 2.86 lakh crore to the Central](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-05-23%2Frbi-greenlights-record-surplus-transfer-of-rs-286-lakh-crore-74773117.png&w=1200&q=75)
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RBI greenlights record surplus transfer of Rs 2.86 lakh crore
The [Reserve Bank of India (RBI)] has approved a record surplus transfer (dividend) of Rs 2.86 lakh crore to the Central Government for the financial year. This significant transfer, calculated under the revised [Economic Capital Framework (ECF)], boosts the government's non-tax revenue but is expected to primarily offset rising subsidy pressures rather than create substantial new fiscal headroom.
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Must ReadU.S. Secretary of State Marco Rubio meets PM Modi
U.S. Secretary of State Marco Rubio met with Prime Minister Narendra Modi in New Delhi during his maiden four-day visit to India.
![Illustration about Polity & Governance: The Central government has reached an in-principle agreement with the [Ladakh Apex Body] and the [Kargil Democratic Alli](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-05-23%2Ffinancial-decisions-will-rest-with-elected-leaders-sonam-wangchuk-on-ladakhs-agreement-with-centre-f7c70de6.png&w=1200&q=75)
Must ReadFinancial decisions will rest with elected leaders: Sonam Wangchuk on Ladakh’s agreement with Centre
The Central government has reached an in-principle agreement with the [Ladakh Apex Body] and the [Kargil Democratic Alliance], facilitated by climate activist Sonam Wangchuk. The agreement proposes establishing an elected legislative body (Assembly) for the Union Territory of Ladakh, transferring financial and executive powers—previously held by the Lieutenant Governor—to an elected Chief Minister and legislature, alongside exploring protections under [Article 371].
Read on The HinduDive Into Study Notes![Illustration about International Relations: The 11th Review Conference of the Parties to the [Treaty on the Non-Proliferation of Nuclear Weapons] (NPT) concluded at](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-05-23%2Fun-conference-to-review-nuclear-nonproliferation-treaty-fails-to-reach-agreement-f957ef04.png&w=1200&q=75)
Must ReadUN Conference to review nuclear nonproliferation treaty fails to reach agreement
The 11th Review Conference of the Parties to the [Treaty on the Non-Proliferation of Nuclear Weapons] (NPT) concluded at the United Nations without adopting a consensus document. This marks the third consecutive failure of the review conference, primarily due to intense disagreements between the United States and Iran over recent conflicts and Iran's nuclear program.
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Must ReadWhy SHANTI Act’s nuclear liability limits are under Supreme Court scrutiny
The Supreme Court is hearing a constitutional challenge against the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, which replaced the [Civil Liability for Nuclear Damage Act, 2010]. Petitioners argue the Act violates constitutional rights by imposing low caps on nuclear operator liability, largely exempting suppliers from accountability, and transferring the financial burden of potential disasters to taxpayers, all to attract private and foreign investment in India's nuclear energy sector.
Read on Indian ExpressDive Into Study Notes
Must ReadIn Xi and Putin’s ‘no limits’ partnership, a growing asymmetry
Russian President Vladimir Putin recently visited Beijing to celebrate the 25th anniversary of the Sino-Russian Treaty of Friendship, highlighting the 'no limits' partnership between the two nations. However, the relationship is increasingly asymmetrical, with a declining Russia becoming more dependent on a rising China, evidenced by Putin's inability to secure a major gas pipeline deal.
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