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19 June 2026
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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.
India National
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
India National
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 National
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
World Global
US Launches Project Freedom to Secure Shipping in Strait of Hormuz
The United States government has initiated 'Project Freedom,' a military and diplomatic operation led by the US Navy to ensure the open transit of shipping through the Strait of Hormuz. The move follows escalating tensions and reported attacks on maritime assets, prompting a military response that included the destruction of six Iranian small boats and the interception of multiple missiles and drones.
India West Bengal
BJP Sweeps West Bengal Elections 2026, Wins 206 Seats, Mamata Banerjee Loses Bastion
The Bharatiya Janata Party secured a decisive victory in the West Bengal Assembly Elections 2026, winning 206 seats to end the Trinamool Congress's 15-year rule. The BJP's win signifies a major political realignment, with gains extending beyond its northern strongholds into Kolkata and its surrounding areas. Mamata Banerjee's party was unseated after a fiercely contested campaign.
India Maharashtra
RBI Imposes ₹2 Lakh Penalty on Pandharpur Urban Co-operative Bank
The Reserve Bank of India (RBI) imposed a monetary penalty of ₹2 lakh on Pandharpur Urban Co-operative Bank Ltd., Maharashtra, on April 29, 2026. The bank was found in violation of directions regarding 'Asset Classification and treatment of accounts as Non-Performing Assets (NPA)'. Specifically, the bank sanctioned additional credit facilities to borrowers to repay existing non-performing loans.
India National
Supreme Court Questions India-UAE Extradition Treaty Over AgustaWestland Middleman's Plea
The Supreme Court has issued a notice to the Union Government, seeking its response to Christian Michel's challenge against a key provision in the India-UAE Extradition Treaty. Michel, the alleged middleman in the AgustaWestland deal, argues his continued detention violates constitutional rights and the treaty's scope, which limits prosecution to the charges for which extradition was granted.
India Assam
NDA Secures Third Successive Term in 2026 Assam Assembly Elections
The BJP-led National Democratic Alliance (NDA) achieved a decisive victory in the 2026 Assam Assembly elections, winning 101 out of 126 seats. This result marks the NDA's third consecutive term in the state. The Congress-led opposition was reduced significantly, as the NDA's strategy of combining welfare schemes with cultural assertion consolidated its support base across Upper and Lower Assam.
India Tamil Nadu
TVK Emerges Leading Party in 2026 Tamil Nadu Assembly Elections
In the 2026 Tamil Nadu Assembly elections, the Tamilaga Vettri Kazhagam (TVK) secured 105 seats, emerging as the largest single party. The incumbent DMK saw a significant decline, winning only 59 seats. Outgoing Chief Minister M.K. Stalin accepted the mandate, stating the DMK would serve as a constructive opposition. The results mark a major disruption in the traditional Dravidian duopoly of DMK and AIADMK.
India National
Outgoing Indian Envoy Pranay Verma and Bangladesh FM Review Bilateral Cooperation
Outgoing Indian High Commissioner Pranay Verma met the Bangladesh Foreign Minister on May 4, 2026, to reaffirm commitment to people-centric cooperation. The discussion focused on maintaining diplomatic continuity and strengthening sector-wide ties as Verma concludes his tenure in Dhaka. Outgoing Indian envoy meets Bangladesh FM, discusses bilateral ties Mr. Verma reaffirmed India’s commitment to work closely with the people and government of Bangladesh to further strengthen people-centric cooperation across all sectors.
India National
Union Government Revises NITI Aayog Composition Effective May 2, 2026
The Union Government updated the composition of NITI Aayog on May 2, 2026. This restructuring introduces new full-time members and modifies ex-officio positions to better align with current administrative goals and ensure the policy think-tank's integration with key ministries for strategic planning. Revised Composition of the National Institution for Transforming India (NITI Aayog)- 02-05-2026 Frontier Tech Hub
India National
Government to Auction ₹34,000 Crore of New 2036 Dated Securities on May 8
The Reserve Bank of India has scheduled a ₹34,000 crore auction for a new government security maturing in 2036. Conducted via the e-Kuber system on May 8, 2026, the sale includes a ₹2,000 crore greenshoe option and follows the multiple price-based auction method. Auction of Government of India Dated Security Government of India (GoI) has announced the sale (issue) of one dated security for a notified amount of ₹34,000 crore as per the following details:.
World Global
Japan and Australia Strengthen Strategic Ties Across Energy, Defence, and Critical Minerals
On May 4, 2026, Japan and Australia expanded their bilateral partnership to secure energy supplies, critical mineral chains, and defence cooperation. Australia currently provides nearly half of Japan's LNG, while Japan remains a top-five supplier of refined gasoline and diesel to Australia. Japan, Australia agree to deepen cooperation on energy, defence and critical minerals Australia provides almost half of Japan’s liquefied natural gas; Japan is one of Australia’s top five suppliers of refined gasoline and.
India West Bengal
BJP Crosses 200-Seat Lead in West Bengal as 2026 Election Counting Continues
Early trends from the May 4 counting show the Bharatiya Janata Party crossing the 200-seat threshold in the 294-member West Bengal Assembly. The Trinamool Congress, seeking a fourth term, trails significantly as Chief Minister Mamata Banerjee urges party supporters to stay hopeful. West Bengal election results LIVE: BJP inches to 200 Counting of votes for the high-stakes Assembly elections is under way, with the verdict set to decide whether the Mamata Banerjee-led TMC returns to.
India National
Vote Counting Begins for Assembly Elections in 5 States and Puducherry
Vote counting is underway across West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry for the 2026 Assembly elections, with results set to determine new governments. Security is tight, featuring 140 counting centres in Kerala alone. The Election Commission of India is overseeing the process. Assembly elections 2026 results: Counting of votes begins across five States The results will decide the next governments in Assam, Kerala, Tamil Nadu, Puducherry and West Bengal
India National
Delhi Metro Unveils ₹48,000 Cr Expansion: 7 New Corridors, 65 Stations Planned
The Delhi Metro Rail Corporation (DMRC) has announced a ₹48,000 crore expansion plan adding seven new corridors and 65 stations. This aims to extend metro reach to the city's outskirts and developing areas, boosting ridership and urban connectivity. 7 New Corridors, 65 Stations: Delhi Metro's Rs 48,000 The Delhi Metro expansion is expected to extend metro connectivity deeper into the outskirts and rapidly developing parts of the city.
India Karnataka
India's First State-Led Centre of Excellence for Space Technology Launched in Bengaluru
Karnataka has launched India's first state-led Centre of Excellence (CoE) for Space Technology in Bengaluru on May 03, 2026. The facility aims to drive advanced research, startup incubation, and talent development in the space sector. It is designed to bridge the gap between academic innovation and industrial requirements, fostering a localized ecosystem for satellite and rocket technologies.