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What is the story about?
VD Satheesan takes oath as Kerala CM, 20-member Cabinet takes charge
Congress leader VD Satheesan took oath as the new Chief Minister of Kerala on Monday, May 18. Alongside Satheesan, a 20-member Council of Ministers also took oath at the Central Stadium in Thiruvananthapuram as the new United Democratic Front (UDF) government formally assumes office.
Stock Crash: The names seeing the biggest fall after Q4 results on Monday
Stocks ranging from Hind Rectifiers toVIP Industries, Amber Enterprises, Symphony, KEC International and Cochin Shipyardare some of the biggest laggards in the broader markets, in response to their fourth quarter results that were reported after market hours on Friday and over the weekend.
Here's a look at the biggest losers:
Tata Steel beats Nifty with 40% rally, ₹23,000 crore shareholder payouts in five years
Tata Steel,which declared its second-highest dividend in FY26, has cumulatively returned $2.5 billion — or over ₹23,000 crore — to shareholders through dividends over the last five years. A renewed rally in the stock has further boosted total shareholder returns, helping the steelmaker outperform the benchmark indices by a wide margin.
Strong dividends, rising profits and a sharp stock rally helped Tata Steel outperform broader markets, even as global steel prices stayed under pressure.
HDFC Bank credit cards just got devalued: What Regalia Gold, Diners Privilege users should know
HDFC Bank has begun rolling out a series of changes to benefits on its Regalia Gold and Diners Privilege credit cards, reflecting a broader trend in the premium cards segment where issuers are linking rewards and travel perks to higher spending thresholds.
The changes, some of which took effect from May 15 and others that will come into force on July 1, include lower base reward accrual rates, higher fees on some services, and conditional airport lounge access tied to quarterly spending.
India, Netherlands upgrade ties to 'strategic partnership', deepen defence, chip and Indo-Pacific cooperation
India and the Netherlands on Sunday elevated their bilateral relationship to a “Strategic Partnership” during Prime Minister Narendra Modi’s visit to the European nation,
signalling deeper cooperation across defence, trade, technology and Indo-Pacific security.
In a joint statement issued after talks between PM Modi and Dutch Prime Minister Dick Schoof, both countries agreed to establish regular and structured cooperation across a wide range of sectors, including trade and investment, cyber security, semiconductors, artificial intelligence, quantum technologies, defence, clean energy, agriculture, water management and education.
Also Read: PM Modi’s Sweden visit: AI corridor, trade target and strategic partnership announced
Prime Minister Narendra Modi was conferred ‘Royal Order of the Polar Star, Degree Commander Grand Cross,’ one of Sweden’s oldest and most distinguished honours, in recognition of exceptional public service and contribution towards strengthening relations with Sweden.
UK insurance giant Prudential plc to take control of Bharti Life Insurance Company Limited
Bharti Enterprises on Sunday announced that UK-based insurer Prudential plc has agreed to acquire a 75% stake in Bharti Life Insurance Company Limited, marking a major foreign investment in India’s fast-growing life insurance sector.
The stake will be acquired from Bharti Life Ventures Pvt Ltd and other selling shareholders, according to a company statement. Financial details of the transaction were not disclosed.
Bharti Enterprises Chairman Sunil Bharti Mittal said the partnership would help accelerate Bharti Life’s growth by combining Prudential’s global insurance expertise with Bharti’s local market presence. The deal comes at a time when India’s life insurance industry is seeing rising demand for financial protection products, driven by growing awareness, digital adoption and relatively low insurance penetration.
West Asia war, weak monsoon may push up prices in India despite RBI relief
The crisis in West Asia has resulted in a rise in crude oil prices, severely affecting many energy-dependent economies in Asia. India is no exception, and the effects are visible in the monthly inflation numbers. However, apart from global factors, domestic factors are also likely to pose upside inflationary risks. Here, we examine the impact of the external shocks so far and the potential risks arising from domestic factors.
Mahindra Racing ends 5-year victory drought, Nyck de Vries clinches Monaco E-Prix
In a major turnaround for Indian-owned Mahindra Racing, Dutch driver Nyck de Vries on Saturday, May 16, scripted the team’s first win in nearly five years, clinching the prestigious Monaco E-Prix — Round 9 of the FIA Formula E World Championship.
The victory is significant for Mahindra Racing, which had endured a prolonged lean patch in Formula E after emerging as one of the sport’s early front-runners. The team’s last win came in 2021 at the Valencia E-Prix through former driver Alex Lynn, before slipping down the pecking order amid regulatory changes and the transition to the Gen3 era.
Samsung, labour union to meet in a last-ditch attempt to avert strike and upheaval in semiconductor industry
Samsung Electronics Co. and its major labour union are scheduled to begin critical negotiations on Monday in an effort toprevent a strike that the country's prime minister warned may have disastrous effects on the economy.
The largest memory chip manufacturer in the world, Samsung, has announced an operating profit that skyrocketed due to artificial intelligence-driven demand for its semiconductors. Management and union representatives will meet to discuss wages and pay.
WHO declares Ebola outbreak an international emergency as cases rise in Congo and Uganda
WHO Director-General Tedros Adhanom Ghebreyesus declared the Ebola disease outbreak in Congo and Uganda a public health emergency of international concern on Sunday, May 17, after more than 300 suspected cases and 88 deaths.
In a post on X, the World Health Organization (WHO) said the outbreak does not meet the criteria of a pandemic emergency like the COVID-19 pandemic, and advised against the closure of international borders.
CBSE's three-language formula: What it is, why it is causing a stir
CBSE has officially aligned with the National Education Policy 2020, introducing a structured language learning system. Under the policy, every student must study three languages. They are called R1, R2, and R3, with at least two of them being Indian languages. The third language becomes mandatory from Class 6, starting the 2026-27 academic session.
Here's why it has triggered strong political opposition.
Congress leader VD Satheesan took oath as the new Chief Minister of Kerala on Monday, May 18. Alongside Satheesan, a 20-member Council of Ministers also took oath at the Central Stadium in Thiruvananthapuram as the new United Democratic Front (UDF) government formally assumes office.
Stock Crash: The names seeing the biggest fall after Q4 results on Monday
Stocks ranging from Hind Rectifiers toVIP Industries, Amber Enterprises, Symphony, KEC International and Cochin Shipyardare some of the biggest laggards in the broader markets, in response to their fourth quarter results that were reported after market hours on Friday and over the weekend.
Here's a look at the biggest losers:
Tata Steel beats Nifty with 40% rally, ₹23,000 crore shareholder payouts in five years
Tata Steel,which declared its second-highest dividend in FY26, has cumulatively returned $2.5 billion — or over ₹23,000 crore — to shareholders through dividends over the last five years. A renewed rally in the stock has further boosted total shareholder returns, helping the steelmaker outperform the benchmark indices by a wide margin.
HDFC Bank credit cards just got devalued: What Regalia Gold, Diners Privilege users should know
HDFC Bank has begun rolling out a series of changes to benefits on its Regalia Gold and Diners Privilege credit cards, reflecting a broader trend in the premium cards segment where issuers are linking rewards and travel perks to higher spending thresholds.
The changes, some of which took effect from May 15 and others that will come into force on July 1, include lower base reward accrual rates, higher fees on some services, and conditional airport lounge access tied to quarterly spending.
India, Netherlands upgrade ties to 'strategic partnership', deepen defence, chip and Indo-Pacific cooperation
India and the Netherlands on Sunday elevated their bilateral relationship to a “Strategic Partnership” during Prime Minister Narendra Modi’s visit to the European nation,
In a joint statement issued after talks between PM Modi and Dutch Prime Minister Dick Schoof, both countries agreed to establish regular and structured cooperation across a wide range of sectors, including trade and investment, cyber security, semiconductors, artificial intelligence, quantum technologies, defence, clean energy, agriculture, water management and education.
Also Read: PM Modi’s Sweden visit: AI corridor, trade target and strategic partnership announced
Prime Minister Narendra Modi was conferred ‘Royal Order of the Polar Star, Degree Commander Grand Cross,’ one of Sweden’s oldest and most distinguished honours, in recognition of exceptional public service and contribution towards strengthening relations with Sweden.
Source: PM Narendra Modi/X
UK insurance giant Prudential plc to take control of Bharti Life Insurance Company Limited
Bharti Enterprises on Sunday announced that UK-based insurer Prudential plc has agreed to acquire a 75% stake in Bharti Life Insurance Company Limited, marking a major foreign investment in India’s fast-growing life insurance sector.
The stake will be acquired from Bharti Life Ventures Pvt Ltd and other selling shareholders, according to a company statement. Financial details of the transaction were not disclosed.
Bharti Enterprises Chairman Sunil Bharti Mittal said the partnership would help accelerate Bharti Life’s growth by combining Prudential’s global insurance expertise with Bharti’s local market presence. The deal comes at a time when India’s life insurance industry is seeing rising demand for financial protection products, driven by growing awareness, digital adoption and relatively low insurance penetration.
West Asia war, weak monsoon may push up prices in India despite RBI relief
The crisis in West Asia has resulted in a rise in crude oil prices, severely affecting many energy-dependent economies in Asia. India is no exception, and the effects are visible in the monthly inflation numbers. However, apart from global factors, domestic factors are also likely to pose upside inflationary risks. Here, we examine the impact of the external shocks so far and the potential risks arising from domestic factors.
Mahindra Racing ends 5-year victory drought, Nyck de Vries clinches Monaco E-Prix
In a major turnaround for Indian-owned Mahindra Racing, Dutch driver Nyck de Vries on Saturday, May 16, scripted the team’s first win in nearly five years, clinching the prestigious Monaco E-Prix — Round 9 of the FIA Formula E World Championship.
The victory is significant for Mahindra Racing, which had endured a prolonged lean patch in Formula E after emerging as one of the sport’s early front-runners. The team’s last win came in 2021 at the Valencia E-Prix through former driver Alex Lynn, before slipping down the pecking order amid regulatory changes and the transition to the Gen3 era.
Samsung, labour union to meet in a last-ditch attempt to avert strike and upheaval in semiconductor industry
Samsung Electronics Co. and its major labour union are scheduled to begin critical negotiations on Monday in an effort toprevent a strike that the country's prime minister warned may have disastrous effects on the economy.
The largest memory chip manufacturer in the world, Samsung, has announced an operating profit that skyrocketed due to artificial intelligence-driven demand for its semiconductors. Management and union representatives will meet to discuss wages and pay.
WHO declares Ebola outbreak an international emergency as cases rise in Congo and Uganda
WHO Director-General Tedros Adhanom Ghebreyesus declared the Ebola disease outbreak in Congo and Uganda a public health emergency of international concern on Sunday, May 17, after more than 300 suspected cases and 88 deaths.
In a post on X, the World Health Organization (WHO) said the outbreak does not meet the criteria of a pandemic emergency like the COVID-19 pandemic, and advised against the closure of international borders.
CBSE's three-language formula: What it is, why it is causing a stir
CBSE has officially aligned with the National Education Policy 2020, introducing a structured language learning system. Under the policy, every student must study three languages. They are called R1, R2, and R3, with at least two of them being Indian languages. The third language becomes mandatory from Class 6, starting the 2026-27 academic session.
Here's why it has triggered strong political opposition.
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