After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.
Mumbai police arrested two men from Uttarakhand for allegedly possessing heroin worth Rs 3.82 crore in the western suburbs. The Anti-Narcotics Cell's Kandivali unit seized 765 gm of heroin from an apartment in Versova, Andheri. The accused were couriers for a large drug syndicate operating out of north India and have been booked under the NDPS Act.
Several parts of India are experiencing a severe heatwave, with temperatures soaring past 44 degrees Celsius. States are issuing alerts and taking measures to protect people and animals from the extreme conditions.
Despite the Centre's GST 2.0 guidelines aiming to facilitate provisional refunds within seven days for low-risk cases, many large taxpayers are still encountering significant delays in obtaining Goods and Services Tax (GST) refunds under the inverted duty structure (IDS), with experts citing inconsistent state-level scrutiny and subjective interpretations.
Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.
Prime Minister Narendra Modi arrived in Sweden to hold talks on trade, technology, defence and other key sectors with his Swedish counterpart Ulf Kristersson.
Tamil Nadu Chief Minister C Joseph Vijay will handle key portfolios including police, general administration and welfare of women, youth and children. Veteran leader K A Sengottaiyan has been designated as the Finance Minister.
The Brihanmumbai Municipal Corporation (BMC) has announced a 30-hour water supply shutdown across parts of Mumbai between May 5 and May 6, 2026, for essential water tunnel connection and maintenance.
Ladakh Lieutenant Governor Vinai Kumar Saxena on Sunday approved a new Excise Policy, permitting the sale of hard liquor through retail vends, reducing documents to obtain a licence from 16 to six and extending the liquor availability to four more districts.
A 27-year-old soya chaap seller was arrested in Delhi's Dwarka area for allegedly possessing an illegal semi-automatic pistol and live bullets.
The Supreme Court has directed the preparation and implementation of a time-bound eviction plan to address encroachments within the protected areas of the Agasthyamalai ecological landscape in Tamil Nadu, also ordering action against government servants involved.
Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.
The government is identifying households with both liquefied petroleum gas (LPG) and piped natural gas (PNG) connections to enforce a ban on dual ownership, aiming to curb misuse and better target subsidies amid global energy supply disruptions.
US President Donald Trump has rejected Iran's proposal to end the ongoing war, deeming it 'totally unacceptable'. This decision comes amid efforts to negotiate an end to hostilities that began on February 28 and have disrupted global oil supplies.
Prime Minister Narendra Modi's visit to Italy concluded with the elevation of India-Italy relations to a Special Strategic Partnership, focusing on enhanced cooperation across various sectors.
Semiconductor startup C2i Semiconductors announced it has taped out a smart power stage chip designed for artificial intelligence infrastructure, marking a significant milestone for India's ambitions in domestic semiconductor production.
Delhi Police have arrested a man from Anantnag, Jammu and Kashmir, for allegedly defrauding a Delhi-based man of over Rs 5 lakh under the guise of supplying Kashmiri apple consignments. The accused had been evading arrest for nearly a decade.
Police in Ferozepur have busted a heroin smuggling racket, arresting four individuals and recovering 7.85 kg of heroin. The accused were allegedly involved in cross-border narcotics supply and were in contact with a Pakistan-based smuggler.
The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'
Delhi Police have dismantled an interstate liquor smuggling network, seizing illicit spirits worth approximately Rs 1.50 crore and arresting three individuals in Delhi and Bengaluru.
A top Iranian official has blamed the US and Israel for the disruption of global supply chains due to the West Asia conflict, stating that Tehran is not happy about the consequences faced by countries like India.
Delhi Police have arrested four individuals involved in an interstate racket manufacturing and distributing counterfeit prescription drugs, uncovering an illegal processing unit in Delhi.
Police in Nanded, Maharashtra, seized nearly 5,000 'import quality' sharp-edged weapons from an abandoned godown, suspecting their potential use in organised crime.
Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
US Secretary of State Marco Rubio stated that significant progress has been made in negotiations with Iran to reopen the Strait of Hormuz, a critical global shipping lane. However, President Donald Trump remains cautious, vowing not to accept a 'bad deal' regarding Iran's nuclear programme and regional stability.
Delhi Police have dismantled an interstate illegal arms supply network linked to notorious gangs, arresting five individuals and seizing a significant cache of firearms and ammunition.
Trinamool Congress leader Mamata Banerjee has declared that removing the BJP from power is her life's mission, alleging election rigging and vowing to support TMC workers. She announced a nationwide anti-BJP programme and protested against post-poll violence and government actions.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.
Delhi Police have dismantled a cyber fraud racket involving malicious mobile applications, arresting two individuals, including the alleged mastermind from Uttar Pradesh. The accused developed and supplied 'FUD' APK files to cyber fraudsters across the country, enabling them to gain remote access to victims' phones and siphon off money.
Kerala's Home Minister announces 'Operation Toofan: The Narco Hunt', a comprehensive anti-narcotics campaign targeting drug syndicates, especially those operating near educational institutions, and outlines reforms to improve police functioning and public accessibility.
India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.
Punjab Police have dismantled an international drug smuggling module, arresting two individuals and seizing 10 kg of ICE (methamphetamine) and 4 kg of heroin.
Police in Mangaluru, Karnataka, have arrested six individuals in two separate incidents for allegedly selling narcotic substances, including MDMA and hydro weed ganja, to college students and young women.
The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.
Jharkhand Chief Minister Hemant Soren has directed officials to prioritise cases involving missing children and women, while also cracking down on narcotic substances and land-related crimes.
Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.
State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.
Shares of power generation-related companies surged on Wednesday, with the BSE Power index hitting a new high of 8,497, driven by strong demand, robust order books, and significant capital expenditure announcements from key players like Hitachi Energy India, Adani Green Energy, and CG Power and Industrial Solutions.
