Month: May 2026

Union Petroleum Minister Hardeep Singh Puri unveiled major reforms rationalizing royalty rates and methodologies for crude oil, natural gas, and casing head condensate under the Oilfields (Regulation and Development) Act. This move follows 2025 amendments to the ORD Act and PNG Rules, eliminating inconsistencies across regimes to create a stable,

Tamil Nadu Chief Minister C. Joseph Vijay issued his first major directive, mandating the shutdown of 717 TASMAC liquor outlets within 500 meters of places of worship, educational institutions, and bus stands across the state. The closures must be completed within two weeks following a statewide survey that identified these

Himanta Biswa Sarma is set to take oath as Assam’s Chief Minister for a second consecutive term on May 12, 2026, joining the Bharatiya Janata Party’s (BJP) exclusive club of multi-term chief ministers led by Prime Minister Narendra Modi. Prime Minister Modi arrived in Guwahati to witness the swearing-in ceremony

A splinter faction of the AIADMK, led by senior leader C V Shanmugam, has pledged support to actor-turned-politician Vijay’s Tamilaga Vettri Kazhagam (TVK) for government formation in Tamil Nadu ahead of a key floor test. This move follows TVK’s strong debut in the recent assembly elections, positioning it as the

The Central Bureau of Investigation (CBI) has officially taken charge of the high-profile murder case involving Chandranath Rath, personal assistant to West Bengal Chief Minister Suvendu Adhikari. This development follows a recommendation from Bengal Police, signaling intensified scrutiny over the post-election violence in North 24 Parganas. Suvendu Adhikari Aide Murder

 Emergency Evacuation Saves 278 Passengers A major aviation scare unfolded in Nepal after a Turkish Airlines aircraft caught fire while landing at Tribhuvan International Airport in Kathmandu on Monday morning. The flight, carrying 278 passengers along with 11 crew members, was safely evacuated following the incident, with no injuries reported.

 India Shines in Recurve Team Final India produced a commanding performance at the Archery World Cup Stage 2 as the women’s recurve team defeated China to clinch the gold medal in a high-pressure final. The Indian trio, led by star archer Deepika Kumari, displayed remarkable composure and precision to outclass

India’s foreign‑exchange (forex) reserves sit at the heart of the country’s economic stability, acting as a buffer against external shocks from oil‑price spikes and global risk‑outflows. However, the way those reserves are spent—especially on gold and crude oil imports—makes the external‑account highly sensitive to user behaviour in India. The latest explainer‑style