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Rajasthan's first semiconductor cluster in Bhiwadi – Rajasthan launched its first Semiconductor and Electronics Manufacturing Cluster in Bhiwadi – a major industrial milestone for the state.
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NHAI's Project Saksham for inclusive growth – The National Highways Authority of India launched Project Saksham to promote inclusive development through skill development and employment opportunities – building roads and livelihoods.
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India chairs Kimberley Process meet in Mumbai – India successfully concluded the Kimberley Process Intersessional Meeting 2026 in Mumbai under its chairship – leading global efforts against conflict diamonds.
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PM Modi visits UAE – Shri Prime Minister Narendra Modi visited the United Arab Emirates, strengthening bilateral ties.
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Indian boxers shine in Asian U‑15 Championships – India delivered an impressive performance at the Asian Boxing Under‑15 Championships 2026 , winning a total of 27 medals, including 9 golds – future champions in the ring.
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SEBI eases borrowing norms for InvITs – SEBI widened the permissible use of fresh borrowings by Infrastructure Investment Trusts (InvITs) where net debt exceeds 49% of asset value – aiming to improve operational efficiency and asset performance.
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Wholesale inflation jumps to 42‑month high – India’s WPI‑based inflation surged to 8.3% in April 2026 , up from 3.88% in March – a sharp spike that has economists watching closely.
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GSTAT benches become operational – The Goods and Services Tax Appellate Tribunal (GSTAT) formally operationalised benches across India and introduced a structured framework for categorisation, scrutiny, and listing of GST appeals – a long‑awaited reform.
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ICICI Bank launches USD debit card for NRIs – ICICI Bank launched a USD‑denominated debit card in partnership with Visa, aimed at helping Non‑Resident Indians manage offshore wealth more efficiently – spending made simpler.
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Central banks turn net sellers of gold – According to the World Gold Council , central banks became net sellers of gold in March 2026 for the first time in 10 months – a surprising shift in the gold market.
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Praveen Sood gets one‑year extension as CBI Director – The Central Government extended the tenure of Praveen Sood as Director of the Central Bureau of Investigation (CBI) by one more year – continuity at the helm.
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INS Sagardhwani departs Malaysia – The Indian Navy’s oceanographic research vessel INS Sagardhwani departed Port Klang, Malaysia after a successful engagement with the Royal Malaysian Navy – friendly seas, strong ties.
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Pakistan commissions Chinese‑built Hangor‑class submarine – The Pakistani Navy commissioned its first Chinese‑built Hangor‑class submarine at Sanya on China’s Hainan Island – a major naval development in the neighbourhood.
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Dr. Jitendra Singh on quantum & AI sovereignty – Union Minister Dr. Jitendra Singh stated that Quantum and Artificial Intelligence (AI) sovereignty along with indigenous ecosystems will define India’s next‑generation growth – a vision for self‑reliance in tech.
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NHAI, IndiaAI, IISc conclude hackathon – The National Health Authority (NHA) , in collaboration with the IndiaAI Mission and Indian Institute of Science (IISc) , concluded the AB PM‑JAY Auto‑Adjudication Hackathon Showcase 2026 – tech for better healthcare delivery.
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India's first CCUS lab at IIT Bombay – Union Minister Dharmendra Pradhan inaugurated India’s first Integrated Carbon Capture, Utilisation and Storage (CCUS) field laboratory under “Bharat Innovates 2026” at IIT Bombay – a green step forward.
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World Hypertension Day – May 17 – Observed annually on 17 May to create awareness about hypertension, high blood pressure, and related health complications – a reminder to check those numbers.
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World Telecommunication and Information Society Day – May 17 – Celebrated on 17 May to highlight the importance of telecommunication, IT, and digital connectivity in global development – staying connected matters.
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V D Satheesan takes oath as Kerala CM – V D Satheesan of the Congress took oath as Kerala's Chief Minister at the Central Stadium in Thiruvananthapuram, marking the UDF's return to power after a decade – a new chapter for God's Own Country.
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Kerala's 20‑member cabinet sworn in – Alongside Satheesan, veteran leaders Ramesh Chennithala and K Muraleedharan took oath, with Thiruvanchoor Radhakrishnan appointed as Assembly Speaker – experience meets fresh energy.
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India‑EU FTA called 'mother of all deals' – European Commission President Ursula von der Leyen highlighted the India‑EU Free Trade Agreement as the "mother of all deals" and announced upcoming joint EU‑India naval exercises – a strategic leap forward.
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Sensex, Nifty open cautious – Indian stock markets opened on a cautious note following Friday's profit‑booking and persistent weakness in the Indian rupee – investors playing the waiting game.
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Pharma stocks in defensive demand – Market analysts predict pharmaceutical stocks will attract interest due to their defensive earnings profile amid global uncertainty – a classic safe harbour.
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Drone strike hits UAE nuclear plant – A drone strike caused a fire at the Barakah Nuclear Power Plant in Abu Dhabi . The UAE vowed a right to respond to what it called a "terrorist attack" – regional tensions spike.
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Saudi intercepts three drones – Saudi Arabia reported intercepting three drones that entered from Iraqi airspace, warning of strict measures to defend its sovereignty – the skies are crowded.
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Brent crude jumps past 111∗∗–InresponsetotheescalatingMiddleEasttensionsandtheUAEdronestrike,∗∗Brentcrudefuturessurgedpast111∗∗–InresponsetotheescalatingMiddleEasttensionsandtheUAEdronestrike,∗∗Brentcrudefuturessurgedpast111 per barrel – energy markets on edge.
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Global market selloff intensifies – Global equities took a major hit as rising US inflation data