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18 June 2026
484 stories · May 2026
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India National
RBI Fully Subscribes ₹34,000 Crore Auction of New GS 2036 at 6.94% Yield
The Reserve Bank of India concluded the auction for its new 2036 benchmark government security on May 8, 2026, accepting the full ₹34,000 crore notified amount. Market demand met the cut-off yield of 6.94% without requiring Primary Dealers to step in for any devolvement. Government Stock - Auction Results: Cut New GS 2036 I. Notified Amount ₹34,000 crore II. Cut off Yield 6.94% III. Amount accepted in the auction ₹34,000 crore IV. Devolvement on Primary.
World Global
WHO Confirms Hantavirus Outbreak on Atlantic Cruise Ship Near Cape Verde
The World Health Organization confirmed a Hantavirus outbreak on an Atlantic cruise ship docked near Cape Verde on May 8, 2026. Two cases are confirmed with five others suspected, prompting strict quarantine measures to contain the rodent-borne respiratory virus within the vessel. Atlantic Cruise ship Hantavirus outbreak: What we know so far The World Health Organization (WHO) confirmed two cases of the virus, with five additional individuals suspected of infection, as the vessel remains docked.
India National
Niti Aayog Report: Over 1 Lakh Schools Lack Power; 98,000 Without Girls' Toilets
A May 2026 Niti Aayog report reveals that over 1,00,000 Indian schools lack electricity, while 98,592 do not have functional girls' toilets. With 61,540 institutions missing any usable sanitation, the findings point to persistent infrastructure gaps that hamper digital education and female student retention. Over 1 Lakh Schools Lack Power, 98,500 Without Girls' Toilet: Niti Aayog Report Niti Aayog Report: As many as 98,592 schools in the country do not have functional girls' toilets while.
India West Bengal
West Bengal Tops States in Crimes by Foreigners; Bangladeshis Most Frequently Accused
The National Crime Records Bureau's May 2026 report places West Bengal at the top of the list for crimes committed by foreigners. Nationally, cases against foreign nationals grew from 238 in 2023 to 257 in 2024. Bangladeshi nationals are the primary accused in these incidents, reflecting the persistent legal and demographic complexities along the state's international border.
World Middle East
US Sanctions Iraqi Deputy Oil Minister for Funneling Oil to Iran
The U.S. State Department sanctioned Iraqi Deputy Oil Minister Ali Maarij al-Bahadli on May 8, 2026, alleging he used his office to divert oil supplies to the Iranian regime and its proxy forces. U.S. slaps sanctions on Iraqi deputy oil minister over Iran The deputy Minister, Ali Maarij al-Bahadli, "abused his government position to divert Iraqi oil in support of the Iranian regime and its terrorist proxies," State Department spokesman Tommy Pigott said
India National
SEBI Discontinues Investor Risk Reduction Access (IRRA) Platform Effective May 2026
SEBI has officially shuttered the Investor Risk Reduction Access (IRRA) platform as of May 7, 2026. Initially created as a safety net for investors during stockbroker system failures, the platform is being retired as the regulator shifts technical accountability back to individual brokerage firms. Discontinuation of Investor Risk Reduction Access (IRRA) platform Discontinuation of Investor Risk Reduction Access (IRRA) platform
India National
Skyroot Aerospace Becomes India’s First Space-Tech Unicorn Following 60 Million Dollar Funding
Hyderabad-based Skyroot Aerospace reached a $1 billion valuation on May 8, 2026, after securing $60 million in new funding. The company is currently preparing to launch its Vikram-1 rocket from Sriharikota, signaling a shift in the local space economy. Skyroot Becomes India's 1st Space Skyroot is preparing to launch Vikram-1 from Sriharikota in the coming weeks, a mission that could become a major milestone for India's fast-growing private space sector.
India West Bengal
West Bengal Governor Dissolves 17th Legislative Assembly Following 2026 Election Results
West Bengal's Governor has dissolved the 17th Legislative Assembly as of May 8, 2026, clearing the path for the state's first BJP government to be sworn in at the Brigade Parade Grounds this Saturday. West Bengal Governor dissolves State Legislative Assembly The 17th West Bengal Legislative Assembly which was sworn in after the 2021 assembly elections stands dissolved; swearing in of the first BJP government in West Bengal will be held at Brigade Parade Grounds.
World USA
US Trade Court Strikes Down Administration’s 10 Percent Global Tariff Policy
On May 7, 2026, the US Court of International Trade declared the administration’s 10% global tariffs illegal. A three-judge panel ruled that the measures, effective since February 24, 2026, exceeded executive authority following a lawsuit from small business plaintiffs. 'Misguided': US Court Rules Against Trump's 10% Global Tariffs The US Court of International Trade ruled in favor of small businesses that challenged the tariffs, which took effect on February 24.
India National
Union Housing Ministry Mandates Heatwave Safety Measures for Urban Shelters
The Ministry of Housing and Urban Affairs directed local authorities on May 8, 2026, to equip urban shelters with essential cooling infrastructure and train staff to manage heat-related medical emergencies. Centre calls for steps to safeguard shelter residents from heat A communication from the Union Ministry of Housing and Urban Affairs instructs authorities to ensure that shelters had functional fans, water dispensers, and other cooling facilities. It also calls for training shelter staff to identify.
India West Bengal
West Bengal Governor Dissolves State Assembly After Mamata Banerjee Refuses Resignation
West Bengal's Governor dissolved the Legislative Assembly on May 7, 2026, following a standoff triggered by Chief Minister Mamata Banerjee's refusal to resign post-election. This constitutional move shifts the state into a transition period, potentially leading to new elections or central intervention. Governor Dissolves Bengal Assembly After Mamata Banerjee Refuses To Resign West Bengal Results 2026: Governor Dissolves West Bengal Assembly After Mamata Banerjee Refuses To Resign
World Middle East
Israel Strikes Beirut, Killing Hezbollah Commander Despite Active Ceasefire Negotiations
On May 7, 2026, Israeli forces killed a Hezbollah commander in Beirut. Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz confirmed the strike, which occurred as international actors pushed for a ceasefire. Israel Kills Hezbollah Commander In First Strike On Beirut Amid Ceasefire Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz announced the attack on Hezbollah commander in a joint statement on Wednesday.
India National
European Firms Drive 5% of India’s GDP, Supporting 6 Million Jobs
A report tracking a decade of economic integration reveals that nearly 6,000 EU companies in India now generate €186 billion annually and sustain 6 million jobs, accounting for one-quarter of the nation's manufacturing turnover. EU Firms Generate 186 Billion Euros In India, Support 6 Million Jobs: Report Nearly 6,000 European companies now account for 5 per cent of India's GDP and a quarter of its manufacturing turnover, marking a decade of deepening economic integration
India National
Chief Justice of India Leads Delegation to Paris for Judicial Cooperation
The Chief Justice of India, along with a delegation from the Supreme Court of India, visited Paris on February 04, 2026, to foster judicial cooperation between India and France. Discussions included technology and judicial training. Press Release dated February 04, 2026 SUPREME COURT OF INDIA Date: 04.02.2026 PRESS RELEASE Hon’ble the Chief Justice of India,… Press Release dated February 04, 2026 | Supreme Court of India | India Hon’ble the Chief Justice of India, along.
India National
RBI Schedules Auction for New ₹34,000 Crore Government Security
The Reserve Bank of India has announced a ₹34,000 crore underwriting auction for a new Government Security maturing in 2036, set for May 8, 2026. Underwriting Auction for sale of Government Security for ₹34,000 crore on May 08, 2026 Government of India has announced the sale (issue) of Government Security, as detailed below, through auction to be held on May 08, 2026 (Friday) . As per the extant scheme of underwriting commitment notified on November.
India Uttar Pradesh
Uttar Pradesh Slashes Flood Control Costs by 88% with New Dredging Strategy
Uttar Pradesh is shifting from traditional embankment projects to riverbed dredging for flood management, drastically cutting projected costs from ₹180 crore to ₹22 crore. Announced May 7, 2026, this strategy aims to boost river water-carrying capacity and better safeguard farmlands and communities. Rs 180 Crore To Rs 22 Crore: UP Reworks Flood Management Strategy, Cuts Costs Uttar Pradesh replaces traditional flood control with dredging to reduce costs and protect farmland
India National
AIIMS INI-SS July 2026 Stage 1 Results Announced; Departmental Assessment Next
The All India Institute of Medical Sciences has released the Stage 1 results for the INI-SS July 2026 session. Those who qualified will now face a departmental assessment, the second and final stage of the admission process for postgraduate medical courses. AIIMS Institute Of National Importance AIIMS INI-SS July Session Result Out: Candidates who have qualified in Stage 1 will now have to appear for the departmental assessment, which forms the second stage of the.
India Andhra Pradesh
AP PGECET 2026 Preliminary Answer Key Released; Objection Window Closes May 8
The preliminary answer key for the Andhra Pradesh Postgraduate ECET 2026 is now available. Individuals wishing to challenge the key must submit their objections by May 8, 2026, alongside a processing fee of ₹300 per entry. Andhra Pradesh Postgraduate ECET Answer Key Released, Here's How To Download And Raise Objections AP PGECET 2026: Candidates can raise objections against the preliminary answer key by May 8 with a fee of Rs 300 per objection.
India National
NCRB 2024: Cybercrime and Drug Deaths Rise as Overall Crime Rate Drops
The latest National Crime Records Bureau report reveals a complex year for Indian law enforcement. While the overall crime rate fell, fatalities from drug overdoses surged by 50%—with Tamil Nadu recording the highest toll—and offences against the state increased to over 5,100 cases. Rise in cybercrime but overall crime rate dropped in 2024, says latest NCRB report Deaths due to drug overdose saw a 50% increase in 2024 compared with the previous year, with Tamil.
India National
Minister Pradhan Opens IIT Madras Tech Summit in Delhi for National Development
Union Minister Shri Dharmendra Pradhan launched IIT Madras's technology summit in New Delhi. The event convenes industry, academia, and government representatives to advance nation-building through technological innovation. Shri Dharmendra Pradhan inaugurates IIT Madras’ technology summit in Delhi, bringing together industry, academia, and government for nation-building (Tuesday,05-May-2026 ) - (310.66 KB)
India National
SEBI Issues Release Order for Anish Hemani HUF in Illiquid Stock Options Case
The Securities and Exchange Board of India (SEBI) has issued a Release Order concerning Anish Hemani HUF (PAN: AAIHA3874N) in the matter of illiquid stock options, under Recovery Certificate No. RC 8692 of 2025. Release Order Release Order - Recovery Certificate No. RC 8692 of 2025 against Anish Hemani HUF (PAN: AAIHA3874N) in the matter of Illiquid Stock Options SEBI | Release Order - Recovery Certificate No. RC 8692 of 2025 against Anish Hemani HUF.
India National
SEBI Issues Remittance Order Against Thakrar Diptiben Maheshbhai Under 2026 Recovery Certificate
SEBI has issued a Remittance Order dated May 5, 2026, against Thakrar Diptiben Maheshbhai (PAN: BUCPT0506P). The directive stems from Recovery Certificate No. 9038 of 2026, marking a formal step in the regulator's debt recovery process. Remittance Order dated 05.05.2026 issued under Recovery Certificate No. 9038 of 2026 issued against Thakrar Diptiben Maheshbhai {PAN: BUCPT0506P} Remittance Order dated 05.05.2026 issued under Recovery Certificate No. 9038 of 2026 issued against Thakrar Diptiben Maheshbhai {PAN: BUCPT0506P} SEBI.
India National
SEBI Issues Remittance Order to Kirtibhai Chavda Under Recovery Certificate 9035 of 2026
The Securities and Exchange Board of India (SEBI) issued a Remittance Order on May 5, 2026, against Kirtibhai Chavda, proprietor of Shreesons Enterprise (PAN: BWXPC9835P), under Recovery Certificate No. 9035 of 2026. Remittance Order dated 05.05.2026 issued under Recovery Certificate No. 9035 of 2026 issued against Kirtibhai Chavda (Proprietor Shreesons Enterprise) {PAN: BWXPC9835P} Remittance Order dated 05.05.2026 issued under Recovery Certificate No. 9035 of 2026 issued against Kirtibhai Chavda (Proprietor Shreesons Enterprise) {PAN: BWXPC9835P} SEBI.
India National
SEBI Issues Release Order for Arun Panchariya Under Recovery Certificate
The Securities and Exchange Board of India (SEBI) has issued a Release Order dated May 05, 2026, under Recovery Certificate No. 7816 of 2024 against Arun Panchariya (PAN: AEVPP6125N). Release Order dated 05.05.2026 issued under Recovery Certificate No. 7816 of 2024 issued against Arun Panchariya (PAN: AEVPP6125N) Release Order dated 05.05.2026 issued under Recovery Certificate No. 7816 of 2024 issued against Arun Panchariya (PAN: AEVPP6125N) SEBI | Release Order dated 05.05.2026 issued under Recovery Certificate.
India National
RBI Auctions ₹75,000 Crore in 4-Day Funds to Manage Banking System Liquidity
The Reserve Bank of India will conduct a ₹75,000 crore Variable Rate Repo (VRR) auction on May 7, 2026. The 4-day operation is intended to address current and evolving liquidity conditions within the banking sector. RBI to conduct 4 On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Thursday, May 07, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day).
India Tamil Nadu
Tamil Nadu Reports 2.63 Lakh Dog Bites and 17 Fatalities in Early 2026
Tamil Nadu recorded 2.63 lakh dog bites and 17 deaths within the first four months of 2026. This surge represents half of last year's total fatalities in a fraction of the time, with cases peaking at 71,000 in March. In just four months of 2026, Tamil Nadu records 2.63 lakh dog bites, 17 deaths A total of 62,000 dog bite cases were recorded each in January and February, and it rose to 71,000 in March.
India National
RBI Injects ₹10,795 Crore Via 4-Day Repo Auction Amid Low Demand
On May 7, 2026, the RBI conducted a 4-day Variable Rate Repo (VRR) auction, allotting ₹10,795 crore against a notified amount of ₹75,000 crore. The auction settled at a weighted average rate of 5.26%, indicating ample liquidity in the banking system. Result of the 4 Tenor 4-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 10,795 Amount allotted (in ₹ crore) 10,795 Cut off Rate (%) 5.26 Weighted Average.
India National
One Year On: Operation Sindoor Marks India's Leap in Indigenous Defence Tech
The Indian Air Force and Ministry of Defence marked the first anniversary of Operation Sindoor on May 7, 2026. Defence Minister Rajnath Singh hailed the operation as proof of India's advancing tech-driven military might, noting the successful use of indigenous drone and AI-integrated systems. One Year Of Operation Sindoor: How India's Defence Tech Is Rewriting War Operation Sindoor 1st Anniversary: Defence Minister Rajnath Singh recently described Operation Sindoor as proof of India's tech-driven military might.
India National
Supreme Court to Host 10th National Consultation on Safeguarding Girl Children
The Supreme Court’s Juvenile Justice Committee will hold a two-day national consultation on October 11–12, 2025, to address the safety and empowerment of the girl child. Supreme Court of India to organise a two-day National Annual Stakeholders Consultation on ‘Safeguarding The Girl Child: Towards a Safer And Enabling Environment For Her In India’ on 11-12 October,2025 Supreme Court of India 10.10.2025 PRESS RELEASE Juvenile Justice Committee, Supreme Court of India to… Supreme Court of India.
World China
China Rolls Out J-35AE Stealth Jet, Aiming for Global Export Market
China has officially unveiled the J-35AE, an export-oriented version of its fifth-generation stealth fighter jet. Developed by the Aviation Industry Corporation of China (AVIC), the J-35AE is presented as a direct competitor to the US F-35, signaling China's intent to penetrate the international advanced combat aircraft market. This move, confirmed on May 7, 2026, could see nations seeking alternatives to US defense offerings, with Pakistan frequently mentioned as a potential first buyer.
India National
Vietnam's President To Lam Visit Solidifies India's Act East Policy Pillar
Prime Minister Modi identified Vietnam as a "major pillar" of India's Act East Policy during President To Lam's visit. Talks at Rashtrapati Bhavan covered maritime security, defense, and economic ties. This marks To Lam's first India trip since assuming dual roles. Vietnam major pillar of India’s Act East Policy, says Modi India hosts General Secretary of Communist Party of Vietnam’s Central Committee To Lam, who is also the current Vietnamese President.
India National
NITI Aayog Releases Framework to Overhaul Governance in Million-Plus Indian Cities
NITI Aayog’s 'Moving Towards Effective City Government' report targets systemic gaps in India’s largest metropolitan areas. The framework prioritizes municipal financial autonomy, streamlined urban planning, and administrative decentralization to better equip Urban Local Bodies (ULBs) for the pressures of rapid urbanization. Moving Towards Effective City Government A Framework for Million-Plus Cities Frontier Tech Hub
India National
Centre to Prompt Bengal, Tamil Nadu to Sign PM SHRI Scheme MoU
Formal letters are expected within days from the Union Government to West Bengal and Tamil Nadu, pushing for their signature on an MoU to launch the PM SHRI scheme. This initiative, designed to establish model schools under the National Education Policy 2020, faced delays in these states due to administrative and political friction. The Centre aims for an early rollout following recent state election outcomes.
India National
RBI Issues Foreign Exchange Management (Authorised Persons) Regulations, 2026
The Reserve Bank of India (RBI) has notified the Foreign Exchange Management (Authorised Persons) Regulations, 2026, effective May 6, 2026. These regulations update the authorization and renewal framework for foreign exchange entities and extend the principal-agent model for service delivery. Issuance of Foreign Exchange Management (Authorised Persons) Regulations, 2026 The Reserve Bank of India has issued the Foreign Exchange Management (Authorised Persons) Regulations, 2026 . The Regulations aim to rationalise the authorisation and renewal framework.
India National
SEBI Warns Financial Sector on AI Tools Accelerating Cyber-Attacks
India's Securities and Exchange Board (SEBI) issued a May 5, 2026, advisory flagging advanced AI tools that can rapidly exploit financial system vulnerabilities. The regulator cautioned market entities about risks from models like 'Mythos,' capable of speeding up cyber-attacks. Advisory on Emerging Advanced Artificial Intelligence (AI) Tools for Vulnerability Detection Advisory on Emerging Advanced Artificial Intelligence (AI) Tools for Vulnerability Detection
World Nepal
Nepal President Promulgates Ordinance to Appoint Chief Justice
On May 6, 2026, the President of Nepal promulgated the Constitutional Council Ordinance. The ordinance enables the government to fill long-standing vacancies in key constitutional bodies, including the office of the Chief Justice. Nepal President promulgates Constitutional Council Ordinance The promulgation of the ordinance will pave the way for the government to appoint key positions in the constitutional bodies, including a new Chief Justice, which has remained vacant for some time
India West Bengal
BJP Wins West Bengal With 208 Seats; Mamata Banerjee Defers Resignation
The BJP secured a commanding 208 seats in the 294-member West Bengal Assembly, ousting the Trinamool Congress which was left with 79. Chief Minister Mamata Banerjee has reportedly declined to tender her resignation following the electoral defeat, creating a constitutional quandary in Kolkata. Bengal Election Results 2026 Live Updates: Mamata Banerjee Repeats Threat, Suvendu Adhikari Speaks Out On Violence Bengal Election Results 2026: The BJP on Monday won 208 of the state's 294 seats, while.
World Global
ILO Urges Governments to Prioritize Lifelong Learning to Counter AI Job Disruption
The International Labour Organization (ILO) has released a strategic study recommending that governments elevate lifelong learning to a policy priority to mitigate the impact of Artificial Intelligence on employment. The study found that only 16% of workers worldwide received structured training in the past year, highlighting a significant gap in skills adaptation amidst rapid technological advancement.
India National
RBI Sets ₹14,901 Final Redemption Price for 2018-19 Series-I Sovereign Gold Bonds
The Reserve Bank of India has fixed the final redemption price for Sovereign Gold Bond 2018-19 Series-I at ₹14,901 per unit. The bonds mature on May 4, 2026, completing the mandatory eight-year investment cycle defined at issuance. Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of SGB 2018-19 Series In terms of GOI notification F.No.4(8)-W&M/2018 dated April 13, 2018 (SGB 2018-19 Series-I-Issue date May 04, 2018) on Sovereign Gold.