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BUSINESS AND ECONOMY - May 2026

May 2026

May 02, 2026

QS MBA Rankings 2026: IIM Bengaluru Tops India

The QS Executive MBA Rankings 2026 place IIM Bengaluru as the highest-ranked Indian business school, maintaining leadership in executive education despite a slight dip in its global position. The institute stands as the only Indian school in the global Top 100. In India, IIM Bengaluru also leads the Indian EMBA standings, supported by strong employer reputation and career outcomes. Other Indian institutions featured include ISB, IIM Kozhikode, IIM Indore, IMT Ghaziabad, Woxsen School of Business, and IIM Ranchi, reflecting a robust Indian presence in global executive education and diversified leadership pathways.
  • QS Executive MBA Rankings 2026: IIM Bengaluru tops India.
  • IIM Bengaluru remains the sole Indian school in the global Top 100 (EMBA).
  • Leadership supported by employer reputation and career outcomes.
  • Other Indian institutions in rankings include ISB, IIM Kozhikode, IIM Indore, IMT Ghaziabad, Woxsen, IIM Ranchi.

India Hits All‑Time Peak Electricity Demand of 256.1 GW in April 2026

New and Renewable Energy Minister Pralhad Joshi reported that India reached an all‑time peak electricity demand of 256.1 GW in April 2026, with solar contributing about 21 percent of peak supply. The milestone underscores a structural shift toward renewable energy, which supported around 57 GW at peak and roughly 81 GW during midday. The development reflects growing demand in a developing economy and signals a move toward cleaner energy mix, improving energy security. The statement illustrates the ongoing transition to renewables while balancing grid reliability amidst rising consumption.
  • India’s April 2026 peak electricity demand reached 256.1 GW.
  • Solar contributed ~57 GW at peak; ~81 GW at midday.
  • Renewables form a growing share of the energy mix, enhancing energy security.
  • Minister Joshi linked milestone to structural shift in energy provisioning.
  • signals ongoing transition toward cleaner energy.

May 01, 2026

IPPB launches SHG Savings Account to boost financial inclusion

India Post Payments Bank announced the launch of a Self Help Group Savings Account to advance financial inclusion for women‑led SHGs. Features include no minimum initial deposit, no monthly average balance requirement, a cap of two lakh rupees on balance, and no account closure or QR card issuance charges. IPPB’s managing director said the product will help SHGs participate more actively in the formal financial system and support sustainable livelihoods. The SHG account aims to simplify banking for rural groups, improve transparency in payments, and integrate women entrepreneurs into broader economic activity.
  • Product: SHG Savings Account
  • No minimum deposit; no MAB requirement
  • Balance cap: two lakh rupees
  • No account closure charges; no QR card charges
  • Aims: financial inclusion for women SHGs
  • Expected impact: formal financial participation and transparency
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