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18 June 2026
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India National
SEBI Ends Recovery Action Against Siddhant Suresh Chandan for Unregistered Advisory Services
The Securities and Exchange Board of India (SEBI) has issued a Release Order for Siddhant Suresh Chandan, concluding Recovery Certificate No. 7807 of 2024. The certificate stemmed from Chandan's operation of unregistered investment advisory services. SEBI Order for Compliance SEBI Order for Compliance - Release Order for Recovery Certificate No. 7807 of 2024 against Siddhant Suresh Chandan in the matter of Unregistered Investment Advisory Services SEBI | SEBI Order for Compliance - Release Order for.
India National
SEBI Releases Gitesh Tikamani HUF from Recovery Certificate RC6856 of 2023
SEBI has issued a release order for Gitesh Tikamani HUF, effectively concluding recovery proceedings linked to illiquid stock options under Certificate RC6856 of 2023. Release Order Release Order - Recovery Certificate No. RC6856 of 2023 in respect of Gitesh Tikamani HUF (PAN: AAFHG0088M) in the matter of Illiquid Stock Options SEBI | Release Order - Recovery Certificate No. RC6856 of 2023 in respect of Gitesh Tikamani HUF (PAN: AAFHG0088M) in the matter of Illiquid Stock.
World Global
US Forces Sink Six Iranian Vessels Following Ceasefire Dispute in Strait of Hormuz
A US admiral confirmed sinking six Iranian small ships on May 10, 2026, following a reported ceasefire violation in the Strait of Hormuz. Iran denied the losses, asserting it only fired warning shots, though the clash significantly disrupts diplomatic efforts to stabilise the region. US US-Iran Ceasefire Live Updates: A US admiral said US forces sank six small Iranian ships. Iran denied any had been sunk and earlier fired warning shots at US warships
India Tamil Nadu
C. Joseph Vijay Sworn in as Tamil Nadu CM; Speaker Election Scheduled May 12
TVK leader C. Joseph Vijay assumed office as Tamil Nadu’s Chief Minister on May 10, 2026, heading a 10-member cabinet. This political handover is already marked by fiscal tension, as Vijay alleged the outgoing DMK administration left behind a ₹10 lakh crore debt. Former CM M.K. Stalin has countered these claims as the state prepares for its first Assembly session and Speaker elections on May 12.
India Madhya Pradesh
Madhya Pradesh Shifts Conservation Strategy from 'Tiger State' to 'Wildlife State'
Already holding the title of India's 'Tiger State,' Madhya Pradesh is broadening its conservation scope to prioritize habitat management for cheetahs, wild buffaloes, crocodiles, and turtles. From Tiger State To Wildlife State, How Madhya Pradesh Is Rewriting India's Conservation Map While the state is known as India’s “Tiger State,” it is now focusing on protecting many other animals too, including cheetahs, wild buffaloes, crocodiles and turtles
India Punjab
ED Arrests Punjab Industries Minister Sanjeev Arora in GST Fraud Case
The Enforcement Directorate (ED) arrested Punjab Industries Minister Sanjeev Arora on May 9, 2026, following raids at his Chandigarh residence. A court has remanded him to seven days in ED custody as investigators probe his role in a GST fraud and money laundering scheme. Punjab Minister Sanjeev Arora sent to seven Punjab's Industries Minister Sanjeev Arora was arrested on the evening of May 9, 2026, at his official residence in Chandigarh by the Enforcement Directorate.
India Gujarat
Somnath Temple Marks Modern History with 90-Meter Shikhar Kumbhabhishek Ceremony
On May 10, 2026, the Somnath Temple conducted its first modern-era Kumbhabhishek atop its 90-meter Shikhar using water from 11 pilgrimage sites. The 'Amrit Parv' celebration also featured the debut aerial display of the Indian Air Force’s Suryakiran team over the temple town. Somnath Temple To See First For the first time in its modern history, a sacred Kumbhabhishek will be conducted atop the temple's 90-meter-high Shikhar using holy water gathered from 11 prominent pilgrimage.
India National
India Pivots Trade Policy to Customs Unions Over Bilateral FTAs in Africa
Officials confirm a shift in India’s African trade strategy, favoring engagement with regional customs unions over traditional bilateral Free Trade Agreements. With $80 billion already invested, the move aims to streamline market access across the continent’s evolving trade blocs. India may not sign FTAs, to opt for deeper ties with customs unions in Africa, say officials India’s cumulative investment in Africa has reached $80 billion, making it one of the major investors in the continent
India Tamil Nadu
Actor-Politician Vijay Takes Oath as Tamil Nadu Chief Minister Today
After winning 108 seats in the 234-member assembly, TVK founder Vijay secured a coalition majority to become Tamil Nadu’s Chief Minister on May 10, 2026. He brings to an end the long-standing political dominance of the DMK and AIADMK. 5 Days, 4 Meetings Later, Vijay's Oath As Tamil Nadu Chief Minister Today Vijay's party, which was formed two years ago, came first in the Tamil Nadu assembly elections this week, winning 108 of the state's.
India National
India's Foreign Exchange Reserves Dip by $7.79 Billion to $690.69 Billion
India's total foreign exchange reserves fell by $7.79 billion to $690.69 billion for the week ending May 1, 2026. The decline was driven by a $5.02 billion drop in gold holdings and a $2.79 billion decrease in Foreign Currency Assets. Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation May 02 Apr. 24 May 01 Week Year 1.
World Global
U.S. Targets Cuban Military Conglomerate GAESA With Fresh Economic Sanctions
Senator Marco Rubio defended new U.S. sanctions imposed on May 9, 2026, against GAESA, the Cuban military's business conglomerate. Formed in the 1990s to navigate the economic fallout of the Soviet Union's collapse, GAESA currently holds vast control over Cuba's economy. These measures aim to restrict the military's financial resources by tightening economic constraints on its central business arm.
World Global
Vladimir Putin Declares Russia's War With Ukraine Is Coming To An End
On May 10, 2026, Vladimir Putin announced that the war in Ukraine, which began in February 2022, is nearing its conclusion. The invasion sparked the deepest rift between Russia and the West since the 1962 Cuban Missile Crisis. "Coming To An End": Vladimir Putin On Russia's War With Ukraine Russia's 2022 invasion of Ukraine triggered the most serious crisis in relations between Russia and the West since the 1962 Cuban Missile Crisis, when many people.
India Jammu and Kashmir
Lawful Lessees Not Unauthorized Occupants Post-Roshni Act Quashing: J&K High Court
The High Court of Jammu & Kashmir and Ladakh clarified that quashing the Roshni Act does not automatically void legitimate lease agreements. Individuals holding valid leases under other land laws cannot be classified as unauthorized occupants or summarily evicted. Lawful Lessees Cannot Be Treated As Unauthorized Occupants Merely Because Roshni Act Was Struck Down: J&K&L High Court
India Maharashtra
CBI Raids 17 Mumbai Locations Linked to Reliance ADA Group
On May 9, 2026, the Central Bureau of Investigation (CBI) searched 17 premises in Mumbai linked to Reliance ADA Group in connection with three cases involving ₹27,337 crore in alleged losses to banks and LIC. CBI searches 17 premises in Mumbai in connection with 3 cases against Reliance ADA Group companies The total quantum of the alleged loss suffered by banks and the Life Insurance Company (LIC) of India in these cases is ₹27,337 crore
India Tamil Nadu
TVK Leader Vijay Stakes Claim to Form Tamil Nadu’s First Coalition Government
Tamilaga Vettri Kazhagam leader Vijay met Governor Arlekar on May 9, 2026, to formally stake a claim for the Chief Minister’s office. Supported by unconditional letters from the VCK and IUML, the TVK is set to lead the state's first-ever formal coalition government. Tamil Nadu government formation LIVE: Vijay arrives at Lok Bhavan to meet Governor Arlekar TVK leader Aadhav Arjuna said that VCK has handed the letter of support to him, and with this,.
World Hungary
Former Insider Peter Magyar Takes Office as Hungary's Reformist Prime Minister
Peter Magyar assumed office as Hungary’s Prime Minister on May 9, 2026, following a decisive landslide win last month. The former government insider campaigned on a platform centered on deep institutional reform and aggressive anti-corruption measures. Magyar to become Hungary’s ‘regime change’ PM The former government insider-turned-critic scored a landslide victory last month, pledging wide-ranging reforms to fight corruption
India Arunachal Pradesh
Royal Bengal Tiger Spotted in Arunachal's D. Ering Memorial Wildlife Sanctuary After 20 Years
Wildlife officials confirmed the presence of a Royal Bengal Tiger in the D. Ering Memorial Wildlife Sanctuary (DEMWS) in Arunachal Pradesh on May 9, 2026. This marks the first verified sighting of the species in the sanctuary since 2005. Royal Bengal Tiger Spotted In Arunachal Sanctuary After Nearly 20 Years According to officials, the last confirmed evidence of a tiger in DEMWS dates back to 2005, with only unverified sightings reported until around 2007-08.
India West Bengal
Supreme Court Directs West Bengal Governor to Appoint Vice-Chancellors in Three Universities
The Supreme Court has ordered West Bengal's Governor to fill Vice-Chancellor vacancies at three state-aided universities, aiming to resolve a long-standing dispute between the state government and the Raj Bhavan over the governance of 36 institutions. Supreme Court asks West Bengal Governor to appoint VCs to three state A dispute was going on between the governor and Banerjee over the appointment of VCs in 36 state-aided universities Supreme Court asks West Bengal Governor to appoint.
World Geopolitics
US Fighter Jets Disable Iranian Tankers to Enforce Port Blockade
On May 8, 2026, US aircraft disabled two Iranian tankers in the Persian Gulf. Iranian officials condemned the move as a breach of the active ceasefire and a disruption to diplomatic negotiations. Iran A U.S. fighter jet disabled two Iranian-flagged tankers to enforce a port blockade, Iranian officials accused the United States of violating the ceasefire with the tanker strikes and hampering diplomatic efforts to end the conflict
World Corporate Law
Google Settles Racial Discrimination Lawsuit for $50 Million
Google has agreed to pay $50 million to settle claims that it funneled minority staff into lower-paying roles and retaliated against employees who reported a hostile work environment. Google Settles Racial Discrimination Lawsuit For $50 Million The suit claimed the company steered them into lower-level and lower-paid jobs and subjected them to a hostile work environment if they speak out.
India National
Vice Admiral Krishna Swaminathan Appointed Next Chief of Naval Staff
The Union Government has named Vice Admiral Krishna Swaminathan as the next Chief of Naval Staff. He succeeds Admiral Dinesh Kumar Tripathi, who concludes his tenure on May 31, 2026. Government appoints Vice Admiral Krishna Swaminathan as next Chief of Naval Staff The present Chief of the Naval Staff Admiral Dinesh Kumar Tripathi, PVSM, AVSM, NM will retire from service on May 31, 2026
India National
Government Appoints Lt Gen NS Raja Subramani (Retd) as Chief of Defence Staff
Lt Gen NS Raja Subramani (Retd) has been named India's next Chief of Defence Staff. Currently the Military Adviser to the National Security Council Secretariat, he takes command as the military moves toward integrated theatre commands. Government appoints Lt Gen NS Raja Subramani (Retd) as next Chief of Defence Staff Lieutenant General NS Raja Subramani is currently Military Adviser, National Security Council Secretariat from September 1, 2025
India Assam
Assam Government Swearing-In Set for May 12 Following BJP Leadership Vote
Assam’s new government will take office on May 12 at 11 am. Caretaker Chief Minister Himanta Biswa Sarma confirmed the timeline, with the BJP Legislature Party set to formally select its leader on May 10. BJP Legislature Party To Pick New Assam Chief Minister On May 10 Assam caretaker Chief Minister Himanta Biswa Sarma said the swearing-in ceremony of the new Assam government will be held on May 12 at 11 am.
World Space Science
Webb Telescope Obtains Sharpest Surface Data of Rocky Exoplanet LHS 3844 b
NASA's James Webb Space Telescope has successfully mapped the surface of LHS 3844 b, also known as Kua'kua. The rocky exoplanet, which is 30% larger than Earth, orbits a red dwarf star, with new data released by NASA on May 8, 2026. NASA's Webb Telescope Captures Clearest Picture Yet Of Exoplanet Surface NASA's James Webb Space Telescope gathered data on a rocky exoplanet with a diameter about 30% larger than Earth - called LHS 3844.
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)