The vessel sank on March 4, 2026, approximately 20 nautical miles west of Galle, after reportedly being struck by a torpedo from a United States submarine.
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
The country's primary capital markets delivered a robust performance in FY26, emerging as a global leader in initial public offerings (IPOs) despite an uncertain environment, the Economic Survey said on Thursday.
Here are the key numbers to watch out for in the Union Budget for 2025-26:
BJP leader Y Khemchand Singh was sworn in as the chief minister of Manipur. The swearing-in ceremony took place after President's rule was revoked in the state, which has been experiencing ethnic violence.
President's rule in Manipur has been revoked, paving the way for a new government led by Y Khemchand Singh. The move comes after months of ethnic violence and the imposition of President's rule in February 2025.
The NCERT's class 8 textbook is under scrutiny for its content on judicial corruption, potentially leading to its removal after government concerns and objections from the judiciary.
The Congress party has strongly criticized the Union Budget, calling it 'lacklustre' and 'disappointing,' claiming it fails to address the needs of farmers, unemployed youth, and other key sectors.
NCP-SP MP Supriya Sule acknowledges the role of electronic voting machines (EVMs) in her four Lok Sabha election victories, refraining from blaming them despite being part of an opposition coalition.
'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'
Finance Minister Nirmala Sitharaman on Tuesday participated in a traditional 'halwa' ceremony, marking the final stage for the preparation of the Union Budget 2026-27, to be unveiled on February 1 in the Lok Sabha.
Karnataka Deputy Chief Minister D K Shivakumar clarified that Rahul Gandhi has only asked the state government to continue the good work, dismissing media reports of a specific message. Speculation arose after a brief conversation between Gandhi, Chief Minister Siddaramaiah, and Shivakumar.
The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.
Reiterating Sitharaman's statement that this is a youth power budget, Modi emphasised that the provisions made in the budget will prepare leaders, innovators and creators across different sectors.
The 2026-27 Budget, seeking to harmonise the government's imperative to grant certainty while ensuring a rational tax policy, had several notable announcements to usher in halcyon days, says Mukesh Butani.
A 36-year-old businessman in Delhi died after being allegedly assaulted by food delivery agents following a verbal argument. The incident occurred in Connaught Place, and the victim succumbed to his injuries after being hospitalized.
Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.
For now, Yumnam Khemchand Singh's leadership will be judged not by promises or symbolism, but by whether his government can prevent further violence and begin the slow, difficult work of rebuilding trust.
Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.
Assam Congress alleges CM Himanta Biswa Sarma's family grabbed thousands of acres of land, prompting a defamation case announcement. BJP denies claims as baseless.
This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.
Union Minister Kiren Rijiju demanded an apology from Congress leaders Mallikarjun Kharge and Rahul Gandhi after Congress workers allegedly threatened Prime Minister Narendra Modi's life at a rally.
The Lok Sabha on Tuesday passed the Finance Bill 2025, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements.
India's trade deficit with China is expected to reach $106 billion in 2025 as imports are rising faster than the country's exports to the neighbouring country, think tank GTRI said on Friday.
BJP leaders say Nitin Nabin's low-profile image has made him a favourite of Amit Shah, who was in search of such a leader to appoint to the top party position -- someone who follows the Modi-Shah line as BJP president without "ifs and buts".
'It would have polarised the Marathi-non Marathi divide further. 'Fadnavis had a very clear strategy: Let all Marathi people campaign for us (the BJP), and whatever results we get will be delivered by Marathi people only.'
Civil society groups, led by the NREGA Sangharsh Morcha, are planning a nationwide protest -- similar to the farmers' stir a few years ago -- starting December 19 demanding scrapping of the new Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission.
A recent report indicates that over 5,000 government schools in India have no students enrolled, with a significant concentration in Telangana and West Bengal. The number of schools with very low enrolment has also increased.
'Marathi-speaking people of Mumbai have now emerged as a consolidated vote bank standing firmly behind the Thackerays.'
'Now there is no fight between us (Thackerays); now the fight is with them.'
The Voter Adhikar Yatra, led by Rahul Gandhi and Tejashwi Yadav before the Bihar Assembly polls, failed to deliver electoral gains for the Mahagathbandhan, with the NDA winning across its route.
Union Home Minister Amit Shah criticizes Kerala's ruling Left government over the Sabarimala gold loss case, demanding a neutral investigation and accusing the government of protecting the real culprits. He also signals the start of the BJP's campaign for the upcoming Assembly elections.
While the DMK depends on a 'silver sieve' of welfare schemes to stay in power, its support is slowly draining away under the weight of poor governance, corruption, and voters who are no longer satisfied with benefits alone and now want basic administration to work, observes N Sathiya Moorthy.
Russian President Vladimir Putin arrived in New Delhi for a two-day visit focused on strengthening ties with India, including defense cooperation and trade, amidst a changing geopolitical landscape.
Congress leader Rahul Gandhi alleges the government discourages foreign dignitaries from meeting the Leader of the Opposition due to insecurity, breaking established traditions.
Leader of Opposition Rahul Gandhi demands a Parliament debate on Delhi's air pollution crisis, criticizing Prime Minister Modi's silence and lack of action.
A group in Varanasi organized an 'India-Russia Friendship March' to welcome Russian President Vladimir Putin ahead of his visit to India for the annual summit with Prime Minister Narendra Modi. The march highlighted the strong ties between the two nations and expressed hope for strengthened cooperation and global peace.
India head coach Gautam Gambhir has condoled the loss of lives in the blast in the national capital on Monday evening and wished for a speedy recovery to the injured.
