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    India-Canada FTA talks can be concluded before year end target: Goyal
    No interim order for Gymkhana: HC after Centre says won't take forceful possession by June 5
    ED conducts raids in Tamil Nadu in drugs-linked money laundering case
    Gold drops Rs 2,800 to Rs 1.62 lakh/10g amid uncertainties on West Asia peace deal
    No interim order for Gymkhana: High court after Centre says won't take forceful possession by June 5
    Lord’s Mark Industries Becomes First Company to Secure BSE Listing Approval Under IBC Scheme of PPIRP
    BSE, ICSI, AIBI & HMPL Host SME Fund Raising Conclave in Guwahati, Assam
    TGI Fridays® Launches Delhi NCR Flagship At Connaught Place
    Prime Minister of Canada Mr. Mark Carney Calls India-Canada CEPA a “Game Changer” as Shri Piyush Goyal Holds High-Level Talks in Ottawa
    Odisha may attract Rs 25,000-30,000 cr in power investments after policy shift
    Rupee falls 17 paise to 95.43 against US dollar in early trade
    Union Minister for Finance and Corporate Affairs Minister calls for stronger textile value chain through “from farm to fibre, factory, fashion and f...
    Delhi Gymkhana seeks alternate land amid takeover row; nearly Rs 48 cr ground rent dues unpaid
    HIGHLIGHTS
    Delhi Gymkhana seeks alternative land for relocation of club in case takeover proceeds
    Rupee rises 34 paise to close at 95.26 against US dollar
    Nepal SC bars arrest of ex-PM Deuba, wife in money laundering case
    Govt forwent Rs 1 lakh cr via excise duty cuts to shield consumers from fuel inflation: FM
    Fuel supply being monitored on daily basis after dryouts in select pockets
    Delhi HC to hear on Tuesday pleas against Centre's order to vacate Gymkhana Club premises
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May 26, 2026
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Comprehensive economic partnership negotiations between India and Canada move toward early conclusion, covering goods, services and investment.
India and Canada are negotiating a proposed Comprehensive Economic Partnership Agreement in mission mode, with both sides expressing optimism that the trade pact could be concluded before the end of 2026 and possibly by October or before the G20 Summit. The talks have resumed after a pause in 2023, two rounds have been completed, and the third round is underway in Ottawa, with the stated objective of finalising a comprehensive economic partnership covering goods, services and investment.
May 26, 2026
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Perpetual lease termination and due process concerns arise over proposed possession of Delhi Gymkhana Club premises.
Termination of the Delhi Gymkhana Club's perpetual lease and the proposed handover of the premises were challenged on the ground that the stated defence-infrastructure rationale lacked genuine public purpose, that the action was contrary to Article 300A, and that compensation had not been addressed. The Centre stated that any eviction would be undertaken only in accordance with law and after due notice, with compensation possibly by money or alternative land. In view of that statement and the absence of material showing eviction proceedings, no interim directions were considered necessary at that stage.
May 26, 2026
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Money laundering investigation linked to alleged drug smuggling syndicate prompts searches in Chennai and Madurai.
Enforcement Directorate searches were conducted in Chennai and Madurai in a money laundering investigation linked to an alleged syndicate said to have smuggled drugs from India to Sri Lanka by sea. The case arises from Directorate of Revenue Intelligence cases concerning seizure of hashish from a fishing boat and recovery of methamphetamine at Madurai railway station. Britto was described as the alleged mastermind of the syndicate, with fishermen and boat owners allegedly used for transportation through Indian waters.
May 26, 2026
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Geopolitical uncertainty drives gold lower as investors await peace talks, inflation data, and central bank signals.
Gold prices declined in the domestic market as investors moved toward the US dollar amid renewed uncertainty over West Asia peace talks and military tensions between Washington and Tehran. Silver moved higher, leaving precious metals in a state of consolidation, while market participants stayed cautious and awaited clearer geopolitical signals. Analysts said crude oil, inflation expectations, Treasury yields, and upcoming US economic data would influence near-term bullion movement.
May 26, 2026
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Perpetual lease termination and eviction process challenged as the High Court declines interim restraint pending due process assurances.
Centre's termination of Delhi Gymkhana Club's perpetual lease and proposed eviction were challenged as lacking genuine public purpose and as threatening forced dispossession. The High Court, noting the government's assurance that possession would not be taken by force and that any eviction would follow due process and prior notice, refused interim restraint at that stage, issued summons, and deferred issues including locus, prior notice and the legality of the lease termination.
May 26, 2026
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Pre-packaged insolvency resolution process listing approval marks a milestone in Lord's Mark Industries' transformation and market debut.
Lord's Mark Industries Ltd. received stock exchange listing approval under the IBC scheme of Pre-Packaged Insolvency Resolution Process (PPIRP), described as the first such approval for a company in India. The approval is linked to the company's planned public market debut and broader transformation strategy. The company says the milestone follows strategic rebuilding and institutional strengthening, and supports its next phase of expansion in healthcare, renewable energy, infrastructure and advanced technologies, with emphasis on resilience, governance, innovation and long-term value creation.
May 26, 2026
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SME capital market access gains focus as stakeholders promote compliance, due diligence and transparent listing pathways.
SME capital raising through the SME platform was promoted at a conclave in Guwahati, organised by BSE with ICSI, AIBI and Horizon Management Pvt Ltd and initiated by SEBI, to strengthen awareness among small and medium enterprises on accessing capital markets for growth. The initiative focused on enhancing capital market access and ease of capital formation for SMEs, particularly in the North-Eastern region, by familiarising enterprises with fundraising opportunities and the SME listing pathway. The discussions highlighted the SME IPO journey, including market readiness, regulatory compliance, due diligence and the role of intermediaries in supporting a transparent and trustworthy listing process.
May 26, 2026
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Franchise expansion drives TGI Fridays' flagship launch in Connaught Place, strengthening premium urban dining presence in India.
TGI Fridays launched a new flagship restaurant at Connaught Place, New Delhi, as part of its broader India expansion strategy in the casual dining segment. The opening was undertaken by Bistro Hospitality Pvt. Ltd., the master franchisee for India, together with Feastary Hospitality LLP, its North India franchise partner, and was described as a step toward strengthening the brand's presence in premium urban markets.
May 26, 2026
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Comprehensive Economic Partnership Agreement CEPA talks advance as India and Canada seek stronger trade, investment, and strategic cooperation.
India and Canada advanced negotiations on a Comprehensive Economic Partnership Agreement (CEPA) during a high-level ministerial visit and business delegation mission in Ottawa, with both sides describing the proposed agreement as commercially meaningful, balanced, and intended to strengthen bilateral trade, investment, technology, and strategic cooperation. The discussions focused on accelerating the CEPA process and identifying opportunities to expand economic linkages across priority sectors.
May 26, 2026
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Power sector investment policy shift boosts Odisha's thermal project viability and renews developer interest in the state.
Odisha is expected to attract fresh investment in the power sector after aligning its concessional power allocation policy for thermal plants with the Centre's framework. The revised approach replaces the earlier requirement that developers reserve 12-14 per cent of capacity for state consumption at concessional rates with a 5 per cent supply obligation at variable charges for newly commissioned thermal power plants. Industry representatives said the earlier higher allocation norm had discouraged investment despite the State's coal reserves, port access and skilled manpower, while the new framework is expected to improve project viability and investor sentiment.
May 26, 2026
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Rupee weakness amid dollar demand and crude oil pressure, with RBI support helping contain volatility in foreign exchange trade.
The rupee weakened in early foreign exchange trade amid month-end dollar demand, higher crude oil prices and persistent geopolitical tensions. Dealers said broader pressure may continue unless external risks ease, though RBI intervention and liquidity support may limit near-term volatility and reduce speculative pressure.
May 26, 2026
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Textile value chain strengthening drives export growth, skills, and global competitiveness under the Viksit Bharat vision.
Strengthening the textile value chain from farm to fibre, factory, fashion and foreign markets was emphasised as the central policy direction for expanding cotton textile exports and production. The Finance Minister linked this objective to the broader Viksit Bharat vision, noting ambitious targets of USD 100 billion in textile exports and USD 250 billion in textile production by 2030. The text also refers to an Advanced Certificate Program in International Trade, designed to strengthen the export ecosystem and align with government schemes and policy measures.
May 26, 2026
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Ground rent arrears and public land possession dispute shape Delhi Gymkhana Club's relocation plea and governance concerns.
Ground rent arrears and threatened resumption of public land possession have triggered a relocation request by the general committee overseeing Delhi Gymkhana Club. The committee asked the Ministry of Housing and Urban Affairs and the L&DO not to disrupt the club's functioning and to protect the interests of members, employees and other stakeholders before any change in occupation is implemented. Club members opposed the proposed takeover, described it as selective and misleading, and urged governance reforms rather than closure.
May 25, 2026
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Aviation health advisories and criminal probe oversight shape regulatory and judicial responses to public safety concerns.
Aviation safety measures were reinforced through a DGCA advisory issued in response to the Ebola outbreak in parts of Africa. Airlines were directed to make in-flight announcements, obtain self-declaration forms from passengers originating from or transiting through affected countries, and take other preventive steps to manage public-health risk in air travel. In the Twisha Sharma death case, the Supreme Court stated that it would ensure a fair, independent and impartial CBI probe. In the NEET paper leak matter, the Supreme Court issued notices on pleas seeking replacement of the existing testing body with a more robust and autonomous mechanism for conducting the examination.
May 25, 2026
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Relocation of club and protection of employees remain central as Delhi Gymkhana seeks continuity pending takeover clarity.
The general committee overseeing Delhi Gymkhana Club urged the Central Government and the Land and Development Office not to disrupt the club's functioning until issues relating to proposed takeover, possible relocation and protection of employees are clarified. It requested consideration of an alternative plot for relocation if the takeover proceeds, while stressing that the interests of members, employees and other stakeholders should be protected before any operational change is implemented. The committee said it had improved administration, finances, procedures, litigation management and membership records after taking charge under an NCLT order.
May 25, 2026
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Rupee stability and orderly forex price discovery gain focus as the central bank signals market support.
The rupee appreciated in the foreign exchange market and extended its gains for a third straight session, closing stronger against the US dollar on improved global risk sentiment and weaker dollar conditions. The Reserve Bank of India signalled readiness to ensure orderly price discovery in the forex market, with the RBI Governor stating that the central bank would do whatever is required to maintain orderly market conditions. He also stated that the rupee is not overvalued and may be undervalued after its recent depreciation.
May 25, 2026
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Due process in money laundering arrests reported as the court questions an arrest warrant and bars detention pending review.
Interim restraint was reported in a money laundering matter concerning a former prime minister and his spouse, after the Supreme Court questioned the validity of an arrest warrant issued by the district court. The reported order turned on due process concerns in the issuance of the warrant and directed that the couple not be arrested pending further consideration. The report also noted that police had sought a red corner notice through Interpol, but the request was rejected for want of sufficient supporting material.
May 25, 2026
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Excise duty cuts, fuel inflation, and exporter sustainability pressures shape the government's outlook on prices and trade.
Government revenue foregone through excise duty cuts on petrol and diesel was described as a consumer-protection measure used to cushion fuel inflation, while later retail fuel increases were attributed to market-driven revisions by oil marketing companies after a surge in international crude prices. The remarks also referred to the Reserve Bank of India's dividend transfer as arising from an established calculation process, and noted that exporters must adapt to sustainability requirements, traceability, fair labour practices, and the changing impact of artificial intelligence and automation on manufacturing.
May 25, 2026
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Fuel supply monitoring intensifies as authorities address retail dry-outs, panic buying and last-mile replenishment constraints.
Daily monitoring of fuel supplies is being carried out to address intermittent dry-outs at a few retail outlets caused by a sudden rise in demand, last-mile supply constraints, and price-driven shifts from private retailers to state-run pumps. The government says sufficient stocks of petrol, diesel and LPG are available, with replenishment being prioritised and state governments asked to help prevent hoarding and mismanagement.
May 25, 2026
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Property rights challenge over Delhi Gymkhana Club premises alleges arbitrary takeover, forced eviction, and lack of due process.
Members and staff of the Delhi Gymkhana Club challenged the Centre's order directing handover of the club premises, alleging arbitrary takeover, forced eviction, and extinction of long-standing leasehold, associational, membership, and livelihood interests without due process. The pleas invoke Article 300A, legitimate expectation, and constitutional protections under Articles 14, 19(1)(g), and 21, while contending that the stated need for defence infrastructure and public security is vague and pretextual. The matter was mentioned for urgent hearing and listed for Tuesday.

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HIGHLIGHTS

May 27, 2026

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New Delhi, May 27 (PTI) Following are the top stories at 1 PM NATION DEL22 PM-HEAT (11.45 AM)

PM Modi urges citizens to take all possible precautions amid soaring mercury New Delhi: Prime Minister Narendra Modi on Wednesday urged citizens to take maximum precautions as the country is witnessing soaring temperatures, and said staying hydrated is key during such harsh weather.

DEL23 CONG-NEHRU-PM (11.54 AM)

Nehru cannot be erased from modern India’s fabric despite PM’s efforts to denigrate him: Cong New Delhi: The Congress on Wednesday accused Prime Minister Narendra Modi of making a “diabolical effort” to “distort, defame, and denigrate” Jawaharlal Nehru, and asserted that India's first prime minister cannot be erased from the fabric of modern India.

DEL8 CONG-ORAM-NICOBAR (9.52 AM)

Attempted justification for deliberately ignoring rights: Ramesh counters Oram on Great Nicobar project New Delhi: Congress leader Jairam Ramesh has written to Tribal Affairs Minister Jual Oram over the Great Nicobar project, urging him to ensure that the provisions of the Forest Rights Act, 2006 are both seen to be implemented and are actually implemented in letter and spirit.

DEL6 ED-KL-EX CM-LD SEARCHES (9.33 AM)

ED raids ex-Kerala CM Pinarayi Vijayan's house, others in CMRL money laundering case Thiruvananthapuram: The Enforcement Directorate on Wednesday conducted searches at the residence of former Kerala chief minister Pinarayi Vijayan and some others as part of its investigation against his daughter in the CMRL money laundering case, officials said.

DEL21 CBI-LD NEET (11.34 AM)

CBI arrests Latur-based doctor, Pune physics teacher in NEET UG paper leak case New Delhi: The CBI has arrested a Latur-based doctor and a physics faculty member at a Pune-based coaching institute in connection with the NEET UG paper leak case, officials said on Wednesday.

CAL6 AS-ASSEMBLY-UCC-NDA (11.20 AM)

UCC Bill not against any religion, seeks protection for women: NDA members tell Assam Assembly Guwahati: MLAs representing the ruling NDA in the Assam Assembly on Wednesday said the Uniform Civil Code Bill, introduced in the House two days ago, seeks to protect women's rights and is not against any religion or religious practice.

MDS9 KA-CM-GUV (12.21 PM)

K'taka CM Siddaramaiah seeks time to meet Guv Gehlot on Thursday Bengaluru: Amid intense speculations of a change of guard in the state in the next two days, Karnataka Chief Minister Siddaramaiah has sought time from Governor Thaawarchand Gehlot for an appointment on May 28, sources in the CMO said on Wednesday.

DEL25 HEALTH-YOGA DAY-KOLKATA (12.31 PM)

Kolkata to host International Yoga Day main event on June 21: Ayush Minister Jadhav New Delhi: The main event of the International Day of Yoga 2026 will be held in Kolkata on June 21, Union Ayush Minister Prataprao Jadhav announced on Wednesday.

LEGAL LGD21 SC-2NDLD SIR (12.58 PM)

SC upholds EC's power to conduct SIR, says exercise 'breathes life' into mandate for fair polls New Delhi: The Supreme Court on Wednesday upheld the Election Commission’s power to conduct a Special Intensive Revision (SIR) of voter rolls and said the exercise "breathes life" into the constitutional mandate for fair elections.

LGD17 SC-AMAZON (11.42 AM)

SC sets aside NCLAT order which rejected Amazon's appeal New Delhi: The Supreme Court on Wednesday set aside the NCLAT's June 2022 order which had rejected US e-commerce giant Amazon's appeal against an anti-trust suspension of its investment deal with Future Group.

FOREIGN FGN11 US-NASA-LD MOON (6.35 AM)

NASA unveils 3-phase plan for permanent moon base; 3 missions this year Washington: After a successful lunar flyaround, NASA has announced three missions to the moon as part of efforts to establish a permanent base on the earth's natural satellite. By Sagar Kulkarni

FGN13 SINGAPORE-INDIA-FOOD INDUSTRY (7.19 AM)

'India's agri sector-food industry must adapt to withstand climate impacts' Singapore: India's agriculture sector and food industry will need to ramp up adaptation measures to withstand increasing climate impacts, a leading climate organisation has said. By Gurdip Singh

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