CITY LENS

May 2026 bank holidays: May 2026 brings a packed holiday calendar for banks, with several state-specific closures to affect branch operations across India. While banks will not shut nationwide on every listed date, customers may need to track local holidays before planning cheque deposits, document work, cash transactions or in-person banking visits.Apart from weekly offs…

Pakistan’s foreign exchange reserves are nearing the government’s $18 billion target for FY26, but a widening trade deficit, mounting external payment obligations and pressure on the rupee are raising concerns about the country’s economic stability, PTI reported.Data released by the State Bank of Pakistan (SBP) showed the country’s foreign exchange reserves increased by $43 million…

SpaceX’s Wall Street debut is just hours away, and investors are betting that Elon Musk‘s aerospace empire could be worth more than $2 trillion once it starts trading publicly. According to shadow and prediction markets, there is strong excitement surrounding the aerospace giant ahead of one of the most closely watched stock market listings in…

Tariff payments by midsize US businesses grew three times over the past year, according to new research released Thursday by JPMorganChase Institute. One of the US’ leading banks, it added that this shows signs of economic strain linked to President Donald Trump’s tariff policies.The JPMorgan study, cited by the Associated Press, indicates that companies employing…