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    PM Modi woos Swedish cos to invest in India, says 'reform express' going at full speed
    EPICs found strewn in Birbhum field; Aadhaar cards recovered from TMC office in Bidhannagar
    India, Netherlands elevate ties to strategic partnership; ink 17 pacts on defence, critical minerals, other sectors
    West Bengal rice industry seeks infra push, faster clearances from new BJP govt
    North America, NE Asia, Latin America account for over 35 pc of India's exports in FY26
    ED summons PSPCL CMD, director, others in case against Punjab minister Sanjeev Arora
    Govt imposes import curbs on silver
    Nigerian national held in Delhi for running cyber fraud racket: UP STF
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    Aspect Global Ventures Acquires TDIL Through NCLT Resolution Process
    Delhi: Two arrested in multi-crore GST, VAT fraud involving dummy firms, fund layering
    Delhi: Six arrested in Rs 128-crore fake GST invoicing racket busted by EOW
    Private investment firm owner held in suspected multi-crore fraud case
    Inviting feedback and suggestions on the Base Paper on “Framework for Measuring the Contribution of Knowledge and Knowledge Products to the Indian E...
    Release of Supply and Use Tables of 2022-23 and 2023-24: Detailed Product-Industry Insights into the Indian Economy
    Govt imposes windfall tax on petrol exports; cuts levy on diesel, ATF
    Odisha: BJD, Congress demand rollback of fuel price hike
    Finmin grants nod to Emirates NBD Bank to buy majority stake in RBL Bank for USD 3 bn
    Rupee hits record low of 96.14/USD, settles at fresh closing low of 95.81 against US dollar
    India, UAE sign landmark energy, defence pacts during PM Modi’s visit; Abu Dhabi pledges USD 5 bn investment
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May 18, 2026
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Investment and industrial collaboration with Swedish and European companies advances India's reform-led growth, manufacturing and clean energy push.
India encouraged Swedish and European companies to deepen investment and industrial collaboration in manufacturing, clean energy, green hydrogen, telecom, digital infrastructure, electronics, deep tech, AI, mobility, healthcare, life sciences, semiconductors and advanced manufacturing. The engagement was linked to India's reform momentum, infrastructure growth, ease of doing business and young workforce. It also highlighted the India-EU Free Trade Agreement, connectivity initiatives and cooperation in resilient supply chains, skill partnerships, talent mobility, green transition and co-created technology solutions.
May 17, 2026
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Electoral identity documents and Aadhaar records recovered from two locations trigger police investigation and political allegations.
Electoral identity documents and personal identification records were recovered in two separate incidents in West Bengal, prompting police investigation and political allegations. In Birbhum, a large number of Electoral Photo Identity Cards were found scattered in a field near the residence of a former Booth Level Officer, who said the cards had been kept with other papers after being collected during distribution of new voter cards. In Bidhannagar, police recovered more than a hundred Aadhaar cards, along with PAN cards and land-related documents, from a local political party office and seized them for investigation.
May 17, 2026
Show AI Summary
Strategic partnership expands India-Netherlands cooperation in defence, critical minerals, semiconductors and green hydrogen.
India and the Netherlands elevated their relationship to a strategic partnership and adopted a roadmap to expand cooperation across trade, investment, defence and security, critical and emerging technologies, green hydrogen, semiconductors, critical minerals, health, water, renewable energy, agriculture, culture and people-to-people ties. The two sides also agreed to explore a defence industrial roadmap involving joint manufacturing, technology transfer and joint ventures, and to strengthen links between the Dutch Semicon Competence Centre and the Indian Semiconductor Mission.
May 17, 2026
Show AI Summary
Rice industry infrastructure and export promotion drive calls for faster clearances, better logistics and stronger branding.
West Bengal rice industry has sought better infrastructure, faster clearances and stronger export promotion to support mill operations, warehousing and investment. Stakeholders have also pressed for a single-window clearance system, better rail and port connectivity, and a dedicated development board to coordinate farmers, mill owners, exporters and government agencies. Mill owners further said free rice distribution affects viability, while branding premium rice varieties could expand market share.
May 17, 2026
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Export diversification drives India's merchandise trade as North America, Northeast Asia and Latin America lead broader market growth.
India's merchandise exports in 2025-26 showed a broader geographic spread, with North America, North-East Asia and Latin America together accounting for over 35 per cent of total exports. North America remained the largest destination, while North-East Asia recorded the fastest growth, and East Africa, North Africa and several smaller regions also posted steady gains, indicating a more diversified and resilient export pattern across Asia, Africa and Latin America. Export diversification also widened at the product level, with Indian exporters reaching 1,821 new principal commodities.
May 16, 2026
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Money laundering investigation under PMLA leads to summons for PSPCL officials and alleged associates in linked fraud probe.
Enforcement Directorate action under the Prevention of Money Laundering Act involved summons to senior PSPCL officials and two alleged associates of a Punjab minister arrested in a linked money-laundering case. The investigation concerned alleged routing of funds through shell companies, alleged purchase of benami properties, and examination of multiple individuals connected with the matter. The summons required the persons to appear in Delhi for questioning.
May 16, 2026
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Import curbs on silver tighten trade controls as import policy shifts from free to restricted with licensing requirements.
Import policy for silver, including silver plated with gold and platinum, was revised from free to restricted with immediate effect, requiring a government licence for imports. The change followed an increase in customs duty on precious metals and reflects tighter controls on silver imports and related precious metal trade.
May 16, 2026
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Cyber fraud through fake social media profiles allegedly targeted victims with gift and customs duty extortion.
Cyber fraud through fake social media profiles involved allegedly impersonating foreign nationals to befriend victims and induce payments on the pretext of expensive gifts and foreign currency. The operation allegedly escalated into posing as customs or income tax officials and demanding money toward customs duty, income tax, GST and related fees after claiming that parcels had been detained at airports. Mobile phones and SIM cards were seized, and a case was registered under relevant provisions of the Bharatiya Nyaya Sanhita and the Information Technology Act.
May 16, 2026
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Inflation and affordability pressures dominate as tariffs, supply shocks, and rising borrowing costs strain US households.
Rising consumer inflation in the United States is reducing purchasing power as prices outpace wages and are expected to increase further under supply-side pressures, including tariffs, labor constraints, and oil disruptions. The article links higher inflation to increased borrowing costs and notes that trade and foreign-policy claims have produced little concrete relief for domestic affordability concerns. Political debate is focused on whether there is a credible plan to lower costs and address inflation.
May 16, 2026
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Insolvency resolution-driven land acquisition expands real estate portfolio through approved NCLT process and planned development
Acquisition of Township Developers India Pvt. Ltd. through the National Company Law Tribunal resolution process under the Insolvency and Bankruptcy Code, with Aspect Global Ventures emerging as the successful resolution applicant under the approved resolution plan and taking control of the assets for further development activity. The acquired assets include substantial land parcels in Maharashtra, intended for phased development subject to regulatory approvals.
May 16, 2026
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GST and VAT fraud through dummy firms and fund layering led to arrests and custodial interrogation.
Two persons, including a chartered accountant, were arrested in connection with alleged GST and VAT irregularities involving misuse of business credentials, dummy firms and layering of funds through multiple bank accounts. The complaint alleged unauthorised use of firm credentials for suspicious transactions, while investigators found cash withdrawals and electronic transfers without genuine business activity. The probe also pointed to dummy firms, filed GST compliances and rapid fund transfers to conceal beneficiaries and obscure the financial trail.
May 16, 2026
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GST fraud through shell companies and fake invoicing networks allegedly enabled bogus input tax credit claims and concealed fund routing.
Alleged GST fraud and fake invoicing activity involved shell companies, forged documents and fabricated business identities used to generate bogus GST invoices and claim wrongful Input Tax Credit without actual supply of goods or services. The enquiry also concerns accommodation entries, fake returns and concealed fund movements routed through bank accounts and intermediaries, with investigators identifying a syndicate said to have created numerous shell companies using fraudulently obtained documents.
May 16, 2026
Show AI Summary
Unregulated deposit schemes and suspected investment fraud trigger action against a private investment firm owner.
Suspected investment fraud and unregulated deposit activity led to action against a private investment firm owner after district and police authorities found prima facie indications that funds had been collected from a large number of investors without valid approval from the RBI or SEBI. A case was registered under the Karnataka Protection of Interest of Depositors in Financial Establishments Act and the Banning of Unregulated Deposit Schemes Act, and the owner was taken into custody for further investigation. Officials also searched the firm's premises, examined records and laptops, and reported alleged collection of unsecured hand loans through informal agreements.
May 16, 2026
Show AI Summary
Knowledge contribution framework seeks stakeholder input on measuring knowledge products, traditional knowledge, and economic value.
A framework is being developed to measure the contribution of knowledge and knowledge products to the Indian economy, with expert consultation, a technical advisory group, and a base paper prepared for stakeholder review. The paper covers conceptual issues, available methodologies and metrics, traditional knowledge, and an initial framework for valuing knowledge contribution. A committee has been constituted to prepare an actionable policy paper, and comments from stakeholders and the public are invited.
May 16, 2026
Show AI Summary
Supply and Use Tables strengthen national accounts consistency through product-level reconciliation of production, income and expenditure estimates.
The Supply and Use Tables for 2022-23 and 2023-24 integrate annual national accounts with a product-by-industry framework to reconcile production, income and expenditure estimates at current prices. The tables distinguish domestic production, imports, taxes, margins and product uses, including intermediate consumption and final demand, and use product balancing to satisfy the identity between total supply and total use. The compilation covers 155 products and 67 industries and relies on survey and administrative data sources to improve consistency, granularity and comparability.
May 15, 2026
Show AI Summary
Windfall tax on petrol exports and lower levies on diesel and ATF reshape petroleum export duties.
Windfall gains tax was imposed on petrol exports, while the levy on diesel exports and aviation turbine fuel exports was reduced, effective 16 May. Road and infrastructure cess was made nil on exports of petrol and diesel, and the existing duty rates on petrol and diesel cleared for domestic consumption remained unchanged. The export-duty revisions were stated to increase domestic availability of petroleum products and discourage exporters from taking undue advantage of price differentials.
May 15, 2026
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Fuel price hike protests intensify as opposition demands rollback and calls for petrol and diesel under GST.
Opposition parties in Odisha demanded an immediate rollback of the fuel price hike and protested the increase in petrol and diesel prices, alleging inconsistency in the ruling party's position on bringing petrol and diesel under the GST regime. The criticism also targeted the call to withdraw VAT, claims about oil company profits, and the broader burden of rising fuel costs, including commercial LPG and CNG prices.
May 15, 2026
Show AI Summary
Foreign investment approval for Emirates NBD's majority stake in RBL Bank advances a banking acquisition subject to regulatory conditions.
Foreign investment approval was granted for Emirates NBD Bank to acquire up to 74 per cent of the paid-up equity share capital of RBL Bank through a preferential issue, subject to customary conditions, applicable foreign ownership limits and the mandatory open offer process. The transaction contemplates Emirates NBD becoming the promoter and RBL Bank operating as a foreign bank subsidiary under the Reserve Bank of India framework, with the eventual amalgamation of Emirates NBD's India branch operations subject to further regulatory clearances.
May 15, 2026
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Rupee depreciation under pressure from crude prices, inflation worries and dollar strength, with intervention offering support.
The Indian rupee weakened to a record intraday low and an all-time closing low against the US dollar amid elevated crude oil prices, inflation concerns, global uncertainty, a stronger dollar, and weak net FDI inflows. Likely RBI intervention helped limit further losses, while analysts said the rupee was expected to remain under pressure from crude oil, inflation, and dollar strength, with support possible from intervention and higher import duty on gold and silver.
May 15, 2026
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Energy security and defence cooperation deepen as India-UAE sign strategic pacts and expand trade and technology ties.
India and the UAE concluded agreements on strategic petroleum reserves, long-term LPG supply, defence industrial collaboration, shipping, trade facilitation and advanced technology, alongside a USD 5 billion UAE investment commitment in India. The energy arrangements aim to strengthen energy security and stable fuel supplies, while the defence framework covers technology sharing, innovation, training, exercises, maritime security, cyber defence, secure communications and possible joint development of military hardware.

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May 29, 2026

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New Delhi, May 29 (PTI) Following are the top stories at 5.20 PM: NATION DEL38

INDO-US-GOR (3.06 PM) Limitless potential exists in India-US partnership: Gor New Delhi: No partnership is better positioned than the one between India and the US to seize emerging opportunities, particularly in the technology sector, US Ambassador Sergio Gor said on Friday.

BOM12 MH-HOOCH-2NDLD DEATHS (3.51 PM)

Spurious liquor kills 12 in Pune, eight held; CM says more arrests likely Pune: At least 12 persons died in Pimpri Chinchwad area and Pune city after consuming suspected spurious liquor, and the police have arrested eight individuals, including a key bootlegger, in this connection, officials said on Friday.

DEL46 UP-2NDLD BRIDGE COLLAPSE (3.59 PM)

* Part of under-construction bridge collapses in UP following storm, six labourers killed Hamirpur: (PTI) Six labourers were killed and three others injured after part of a bridge under construction collapsed following a storm over the Betwa river in Uttar Pradesh's Hamirpur district early Friday, officials said.

BOM9 GJ-SHAH-BORDER (2.08 PM)

Amit Shah begins visit to areas along international border in Gujarat Bhuj: (PTI) Union Home Minister Amit Shah on Friday started his visit to areas along the international border in Gujarat's Kutch, where he is also scheduled to chair a review meeting concerning security, said officials.

DEL37 LAW-MEGHWAL-WOMEN'S RESERVATION (3.02 PM)

Women's reservation won't have to wait for long: Law Minister Meghwal New Delhi: Union Law Minister Arjun Ram Meghwal has said that the women's quota law providing 33 per cent reservation for women in the Lok Sabha and state assemblies “won't have to wait for long”, as he indicated that it would be in place before the 2029 parliamentary polls.

DEL27 LAW -MEGHWAL-RETIRED JUDGES (2.04 PM)

Cooling-off period not needed for good judges post retirement: Law Minister Meghwal New Delhi: Union Law Minister Arjun Ram Meghwal has rejected the idea of a mandatory "cooling-off period" for retired judges before they take up assignments from the government, saying there is no case for restricting "judicious and mentally sound" people from continuing to work.

DEL42 RAHUL-CBSE-OSM (3.27 PM)

PM only cares about survival of his govt, not kids' future: Rahul New Delhi: Congress leader Rahul Gandhi said on Friday that Prime Minister Narendra Modi's silence on the CBSE debacle and inaction against the education minister showed he cared only about the survival of his government and not the future of lakhs of students.

DEL47 SIDDARAMAIAH-2NDLD GANDHI (4.10 PM)

Day after resigning as Karnataka CM, Siddaramaiah meets Rahul, Kharge in Delhi New Delhi: A day after resigning as the chief minister of Karnataka, Congress leader Siddaramaiah on Friday met Rahul Gandhi and Mallikarjun Kharge in the national capital, officials said.

BOM11 MP-COURT-TWISHA (2.55 PM)

Twisha death case: Court sends Giribala Singh to CBI remand for 5 days, extends Samarth’s custody Bhopal: A local court here on Friday remanded Twisha Sharma’s mother-in-law Giribala Singh and her husband Samarth Singh in CBI custody for five days in connection with the death of the model-actress.

* DEL53 HEALTH-NFHS 6-INSTITUTIONAL DELIVERIES (4.58 PM)

Institutional deliveries up from 88.6% to 90.6% in 2023-24: NFHS-6 New Delhi: Institutional deliveries in India have increased from 88.6 per cent in 2019-2021 to 90.6 per cent in 2023-24, moving closer towards universal coverage, according to the National Family Health Survey-6 released on Friday.

DEL40 BJP-CONG-KL-VANDE MATARAM (RPT)

BJP alleges Congress-led Kerala govt insulted Vande Mataram, governor under IUML's pressure New Delhi, May 29 (PTI) The BJP on Friday slammed the Congress-led Kerala government for allegedly insulting Vande Mataram and the governor by playing only the opening stanzas of the national song during a function at the state assembly.

MDS24 KL-ED-CONGRESS-VIJAYAN (3.22 PM)

Cong adopting ‘narrow-minded’ stand on ED action against oppn parties: Pinarayi Vijayan Thiruvananthapuram: Former Kerala Chief Minister Pinarayi Vijayan on Friday accused the Congress of taking a "narrow-minded" stand on ED actions against leaders of parties opposed to the BJP, claiming that the grand old party objects only when its own leaders are targeted.

BOM8 MP-DEMOGRAPHIC COMMITTEE-CHAIRMAN (2.01 PM)

Committee may recommend more stringent laws to deal with infiltration if necessary: Justice Naolekar Indore: Former Supreme Court judge Justice Prakash Prabhakar Naolekar, who heads the high-level committee for assessing demographic changes, has termed the demographic change caused by infiltration as a "huge challenge", and said the panel may recommend "more stringent laws" to the Centre if necessary. By Harshwardhan Prakash

MDS34 TN-TVK-CBI-AIADMK (4.52 PM)

Will not hesitate to demand CBI enquiry into 'horse trading' by TVK: AIADMK whip Tiruvannamalai (Tamil Nadu): AIADMK whip Agri S S Krishnamurthy on Friday said that the party will demand a CBI investigation if the alleged poaching of lawmakers via "multi-crore cash" transfers by the ruling TVK continues.

CAL17 WB-MAMATA-POEM (4.16 PM)

Amid dissent in TMC ranks, Mamata's 'Girgiti' poem takes swipe at political turncoats Kolkata: Amid a growing chorus of dissent within the TMC after its loss of power in West Bengal, party supremo Mamata Banerjee has penned a new poem titled 'Girgiti', which political observers believe carries a veiled message for leaders who have recently turned critical of the organisation.

CAL10 OD-SIR (2.47 PM)

Over 45k booth-level officers engaged to carry out SIR in Odisha from May 30 Bhubaneswar: The Election Commission of India (ECI) will engage over 45,000 booth-level officers (BLOs) to conduct Special Intensive Revision (SIR) of the voters' list in Odisha from May 30, an official said on Friday.

MDS32 KL-VANDE MATARAM-CM (4.27 PM)

Rendering Vande Mataram in full not mandatory: Kerala CM Satheesan Thiruvananthapuram: Kerala Chief Minister V D Satheesan on Friday said that rendering the national song, Vande Mataram, in full was not mandatory as there was no law enacted by the Parliament in that regard.

CAL18 MN-TRUCK DRIVER-LD SHOT (4.20 PM)

Truck driver dies in militant firing in Manipur's Ukhrul, CM condemns killing Imphal: A truck driver was killed and a police constable was injured when suspected militants fired at a convoy of goods vehicles in Manipur's Ukhrul district on Friday, an officer said.

CAL19 JH-MAOIST-ARREST (4.26 PM)

PLFI chief commander carrying Rs 10 lakh bounty arrested in Jharkhand Ranchi: Jharkhand Police has arrested the chief commander of the banned People's Liberation Front of India (PLFI), a splinter group of the Maoists, who carried a bounty of Rs 10 lakh on his head, a senior official said on Friday.

CAL20 WB-LD RAIN (4.32 PM)

Thunderstorms, heavy rain lash Kolkata, South Bengal; disrupt public life Kolkata: A powerful spell of thunderstorms accompanied by heavy rain and gusty winds swept across Kolkata and several districts of South Bengal on Friday afternoon, bringing relief from the scorching heat but also adding to major disruptions in public life.

BUSINESS DEL44 BIZ-RBI-REPORT-RUPEE-TRADE (3.46 PM)

Rupee being increasingly used for imports and exports: RBI report Mumbai: Rupee is being increasingly used for import and export invoicing over the years, showed the data compiled by the Reserve Bank of India, which said the INR internationalisation process has been mutually beneficial to all trading partners.

DEL31 BIZ-RBI-REPORT-FRAUDS (2.14 PM)

Financial institutions report over 10,000 cases of fraud involving Rs 48,000 cr in FY26: RBI data Mumbai: Banks and financial institutions, taken together, reported 10,114 fraud cases involving Rs 48,021 crore in 2025-26, against 23,722 cases involving Rs 32,803 crore in 2024-25, according to the annual report for the Reserve Bank released on Friday.

LEGAL LGD25 SC-NEET (3.19 PM)

NEET paper leak: SC stresses accountability; govt says PM personally supervising situation New Delhi: The Supreme Court on Friday stressed on accountability for the lapses in the NEET paper leak issue and said it was “actually very traumatic” not only for the students but for their families as well if something like this happened.

LGD28 SC-RELIANCE (4.01 PM)

* SC sets aside order directing RIL to disgorge Rs 447 crore New Delhi: The Supreme Court on Friday set aside an order directing Reliance Industries Ltd (RIL) to disgorge Rs 447.27 crore in a matter relating to the trading of Reliance Petroleum Ltd (RPL) shares in 2007.

LGD27 DL-HC-LD COCKROACH PARTY (3.59 PM)

HC asks review committee to examine unblocking of Cockroach Janta Party's X handle New Delhi: The Delhi High Court on Friday refused to order unblocking of satirical digital outfit Cockroach Janta Party's X account but asked a review committee under the IT Rules to examine the issue and take a decision before July 7.

LGD15 SC-WFI-LD PHOGAT (2.36 PM)

Vinesh Phogat to participate in selection trials for Asian Games 2026 after SC's nod New Delhi: The Supreme Court on Friday permitted wrestler Vinesh Phogat to participate in the selection trials to be held on May 30 and 31 for the Asian Games 2026.

LGD30 NGT-HEATWAVE-NOTICE (4.27 PM)

NGT seeks response from Centre, states regarding heatwave conditions across country New Delhi: The National Green Tribunal (NGT) has sought a response from the Centre, several states and others regarding scorching maximum temperatures and intense extreme heat across the country.

FOREIGN FGN24 CANADA-BISHNOI-LETTER (1.34 PM)

Canada police says Lawrence Bishnoi gang sent threat letter last year Toronto: The Canadian police has said the Lawrence Bishnoi gang sent a letter to it last year claiming it had more than "1,000 individuals willing to carry out shootings" in the country as part of its extortion operations targeting the South Asian diaspora, according to a media report.

FGN26 US-2NDLD SPELLINGBEE (2.26 PM)

Indian-American Shrey Parikh wins Scripps National Spelling Bee competition Washington: Shrey Parikh, a 14-year-old Indian-American student from California, on Friday won the Scripps National Spelling Bee after he spelt 32 of the 35 words correctly in 90 seconds.

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