India's central bank unveiled a slew of measures on Wednesday as the second wave of the coronavirus pandemic cause severe strains on healthcare and medical facilities.
In an unscheduled speech, Reserve Bank of India Governor Shaktikanta Das announced that the central bank will provide an on-tap liquidity window of INR 500 billion, in order to provide immediate liquidity to the emergency healthcare infrastructure and services.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.