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19 June 2026

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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.

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.

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.

WHO Reports Five Hantavirus Cases on Cruise Ship Bound for Tenerife

The World Health Organization confirmed five hantavirus cases on the MV Hondius on May 7, 2026, during its voyage from Cape Verde to Tenerife, Spain. Health officials expect the outbreak to remain contained if strict isolation and public health protocols are maintained by the vessel's medical team and Spanish authorities.

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

India Karnataka

Karnataka Health Minister Reports One in 700 Births Affected by Cleft Conditions

Karnataka Health Minister Dinesh Gundu Rao reported that cleft lip and palate affect one in every 700 live births in India, emphasizing the scale of this congenital challenge. One in 700 live births affected by cleft lip, palate: Dinesh Gundu Rao CAN GO AS BOX WITH HEALTH MINISTER’S REPORT

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.

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

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.

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.

Prolonged Pre-Trial Incarceration Violates Article 21, Rules Delhi High Court

The Delhi High Court has ruled that holding individuals in custody for extended periods without trial violates Article 21, especially when cases rely on circumstantial evidence. The judgment reinforces that bail must remain the norm when legal proceedings show no signs of a timely conclusion.

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

US Introduces Clarity Act to Establish Formal Registration Framework for Crypto

Introduced on May 7, 2026, the US Clarity Act proposes a mandatory registration and compliance system for the digital asset industry. The bill aims to replace current regulatory ambiguity with a defined legal framework for Bitcoin and crypto-related businesses, streamlining how these entities interact with formal finance.

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.

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 Uttar Pradesh

Six Missing After Boat Capsizes in Yamuna River in UP's Hamirpur

Six people remain missing after a boat capsized in the Yamuna river near Hamirpur, Uttar Pradesh. Police report the vessel lost balance mid-river around 7 p.m. Search operations are active. Six missing after boat capsizes in Yamuna in U.P.’s Hamirpur; search underway According to police, the boat lost balance in the middle of the river and capsized around 7 p.m.

Nearly 50 Fatalities on Alappuzha-Thrissur Railway Tracks This Year

Nearly 50 individuals have died on railway tracks between Alappuzha and Thrissur in Kerala this year. Of the 48 recorded deaths, 20 occurred between Kalamassery and Irinjalakuda, with an additional 17 on the Irinjalakuda-Vallathol Nagar stretch, indicating a severe trend in track trespassing and accidents.

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)

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.

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.

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.

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.

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).

Education Ministry Pitches Bharat Innovates 2026 to Global Stakeholders in Paris

On May 5, 2026, the Ministry of Education held a roadshow in Paris to drum up support for the upcoming Bharat Innovates 2026 summit. The session targeted investors, corporates, and research bodies to boost international collaboration, specifically leveraging India's Digital Public Infrastructure (DPI) to drive growth.

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.

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.

PM Modi Marks First Anniversary of Operation Sindoor Precision Counter-Terror Strike

Prime Minister Narendra Modi commemorated the first anniversary of Operation Sindoor on May 7, 2026, defining it as the new standard for India's precision counter-terrorism. Launched in 2025 after the Pahalgam attack, the operation relied on indigenous drone technology and AI surveillance to neutralize launchpads while minimizing collateral damage.

US Secretary of State Marco Rubio to Visit India for Quad and Bilateral Talks

U.S. Secretary of State Marco Rubio arrives in India late May 2026 for the Quad Foreign Ministers’ meeting and high-level bilateral sessions. Rubio will meet with S. Jaishankar and NSA Ajit Doval to navigate a relationship recently strained by trade tariffs and sanctions, aiming to stabilize the partnership before calling on Prime Minister Modi.

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.

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.

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.

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.

Supreme Court: CJI's Role on Election Panel Was Temporary, Court Can't Guide Parliament

The Supreme Court has clarified that including the Chief Justice of India (CJI) on the panel selecting Election Commissioners was an interim measure. The bench stated it cannot instruct Parliament on how to legislate, noting the court's previous intervention was due to the absence of a law on the matter.

Governor R.N. Ravi Seeks Proof of Majority Support From TVK Chief Vijay

Following the 2026 assembly elections, Governor R.N. Ravi has asked TVK leader Vijay to provide formal proof of majority support. The TVK holds 108 seats in the 234-member house, 10 short of the required 118. While the Congress has agreed to support the party, the AIADMK’s refusal and the indecision of smaller allies have stalled government formation.

Great Nicobar Project Faces Legal Hurdle Over Sub-12% Gram Sabha Attendance

Data submitted to the Calcutta High Court reveals that Gram Sabhas approving the ₹72,000-crore Great Nicobar project failed to meet the mandatory 50% quorum. While the Forest Rights Act requires half the adult population to be present for such clearances, actual attendance figures ranged from a mere 1% to 12%, potentially invalidating tribal land diversion approvals.

U.S. Pauses Project Freedom in Strait of Hormuz to Seek Iran Deal

President Donald Trump has announced a brief halt to 'Project Freedom,' the naval mission in the Strait of Hormuz, pending potential negotiations with Iran. This pause follows months of friction that throttled the strategic waterway, which handles 20% of the world’s oil. The administration suggested the conflict will conclude if Tehran signs a proposed diplomatic agreement.

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

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.

Education Ministry Mandates Monthly SMC Meetings for Better School Governance

Union Education Minister Dharmendra Pradhan unveiled the School Management Committee (SMC) Guidelines 2026 on May 6, mandating monthly meetings and democratic operations to enhance school oversight. These directives aim to deepen community ties with schools, improving accountability and education quality in line with NEP goals.

Karnataka Natives R. Balasubramaniam, K.V. Raju Join NITI Aayog

The NITI Aayog's membership has been updated as of May 2, 2026, with R. Balasubramaniam and K.V. Raju, both from Karnataka, named as new members. This change, detailed in official notifications, adjusts the leadership of India's primary policy think tank. R. Balasubramaniam, K.V. Raju from Karnataka appointed NITI Aayog members

India, Vietnam Finalise Trade Roadmap, Targeting $25 Billion by 2030

India and Vietnam have agreed on a strategic trade roadmap aiming to boost bilateral trade to $25 billion by 2030. The plan, finalized on May 6, 2026, includes measures to improve market access and reduce trade barriers. Key cooperation areas are technology, manufacturing, and resilient supply chains to strengthen economic ties.

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.

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

J&K and Ladakh High Court: Call Logs Alone Cannot Prove NDPS Conspiracy

The High Court of Jammu & Kashmir and Ladakh has ruled that call logs are insufficient to prove criminal conspiracy under the NDPS Act. Without voice recordings or transcripts to confirm the actual content of a conversation, technical metadata cannot establish the illegal agreement required for a conviction.

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 Tamil Nadu

Vijay's TVK Leads Tamil Nadu Results but Falls 10 Seats Short of Majority

The May 7 election results confirmed a hung assembly in Tamil Nadu, with Vijay’s Tamilaga Vettri Kazhagam (TVK) winning 108 seats. Short of the 118-seat majority mark, the party is navigating post-poll negotiations to bridge the 10-seat gap. Actor-turned-politician Vijay is expected to meet the Governor to discuss the feasibility of forming a government.

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.

BJP Secures Third Consecutive Term in Assam Assembly Elections, NEDA Wins 102 Seats

The Bharatiya Janata Party (BJP) has solidified its dominance in Assam, winning 82 out of 126 seats for a third consecutive term. The BJP-led NEDA coalition secured 102 seats, while the Congress-backed Asom Sonmilito Morcha took 21. Chief Minister Himanta Biswa Sarma is expected to tender his resignation today.

Union Cabinet Approves Increasing Supreme Court Strength to 37 Judges Plus CJI

The Union Cabinet has cleared a proposal to raise the Supreme Court's sanctioned strength to 37 judges, excluding the Chief Justice. This expansion seeks to alleviate the heavy case backlog and allow for more frequent specialized judicial benches. Union Cabinet Accepts Proposal To Increase Strength Of Supreme Court Judges To 37 (Excluding CJI)

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.

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.

SEBI Issues New Compliance Framework for Significant Market Index Providers

SEBI’s May 5 circular tightens oversight on entities managing influential market benchmarks. Under the 2024 Index Providers Regulations, 'Significant Indices' now face stricter registration and auditing requirements to ensure domestic market stability and global alignment. ‘Significant Indices’ under SEBI (Index Providers) Regulations, 2024 ‘Significant Indices’ under SEBI (Index Providers) Regulations, 2024

Cabinet Committee on Economic Affairs Approves Three Railway Projects Worth 23,437 Crore

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved three major railway projects on May 5, 2026. The projects, valued at ₹23,437 crore, span across six states including Madhya Pradesh, Rajasthan, Uttar Pradesh, Karnataka, and Andhra Pradesh. These initiatives are designed to improve multi-modal connectivity and ease logistics bottlenecks.

India Tamil Nadu

TVK Emerges as Single Largest Party in Tamil Nadu’s 2026 Assembly Elections

In a debut performance, the Tamizhaga Vettri Kazhagam (TVK) won 108 of 234 seats, falling just short of the 118-seat majority mark. Chief Minister M.K. Stalin resigned on May 4, 2026, as the TVK initiates talks with smaller secular allies to bridge the 10-seat gap required for government formation.

PM Modi Labels Iranian Strike on Fujairah Port Unacceptable After Indians Injured

PM Narendra Modi labeled the Iranian strike on the UAE’s Fujairah port "unacceptable" after three Indian nationals sustained injuries. The attack hits a critical energy hub just as the U.S. activates "Project Freedom" to safeguard the Strait of Hormuz and India’s maritime fuel supplies. "Unacceptable": PM Modi After Iran's Attack On UAE Port Injures 3 Indians "Unacceptable": India As Iran's Attack On UAE's Fujairah Injures 3 Indians Amid Iran War

India West Bengal

BJP to Form West Bengal Government with Swearing-In Set for May 9

Following the 2026 Assembly elections, the BJP is preparing to take office in West Bengal. The swearing-in ceremony is fixed for May 9, the birth anniversary of Rabindranath Tagore. High-profile wins include Kalita Maji in Ausgram, while Agnimitra Paul is positioned as a top contender for the Chief Minister's post.

Pixxel & Sarvam Partner for India's First Orbital Data Centre Satellite by Q4 2026

Indian space firm Pixxel and AI startup Sarvam are collaborating to launch 'Pathfinder', India's inaugural orbital data centre satellite, by the end of 2026. Pixxel will handle satellite design, build, and operation, while Sarvam will equip it with an AI backbone for in-orbit edge computing.

US Launches 'Project Freedom' to Secure Hormuz Amid Fragile Iran Ceasefire

President Trump has ordered 'Project Freedom,' a new US initiative to keep the Strait of Hormuz open for international shipping. This follows attacks that jeopardized the US-Iran ceasefire, established April 8. The US destroyed six Iranian boats and intercepted missiles, prompting Tehran to warn of retaliation against military provocation.

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