The Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman inaugurated the ‘Corporate Bhavan’ in New Town, Kolkata. This new facility will house different offices of the Ministry of Corporate Affairs, including Regional Directorate (East), Registrar of Companies, Official Liquidator, SFIO, NCLT (Kolkata Bench) and IBBI under one roof.
The event celebrated the launch of the first ever ‘Prime Minister Internship Scheme Facilitation Centre’ on the 7th floor of the Corporate Bhawan. The MCA CII PMIS Centre, a collaborative initiative between the Ministry of Corporate Affairs and Confederation of Indian Industry aims to connect eligible youth (aged 21-24) with internship opportunities offered by companies.
Subhasish Bose and Soumya Guguloth were named the AIFF Best Men's and Women's Players of the Year 2024-25 on the AIFF Awards Day in Bhubaneswar on Friday, May 2, 2025. The award function was held in the Odisha capital on the Kalinga Super Cup 2025 final.
Subhasish Bose became only the seventh defender to win the AIFF Men's Player of the Year Award after Sandesh Jhingan (2021), Syed Rahim Nabi (2012), Gouramangi Singh (2010), Surkumar Singh (2006), Deepak Mondal (2002) and VP Sathyan (1995). Soumya Guguloth became the first player from Telangana to win the AIFF Women's Player of the Year Award.
Vishal Kaith was named the Best Men's Goalkeeper after a historic and record-breaking campaign between the sticks for Mohun Bagan SG. He won his second ISL Golden Glove after amassing 15 clean sheets this season, and also became the first goalkeeper to reach a half-century of clean sheets in ISL history.
Shri Gyaneshwar Kumar Singh, a distinguished officer of the Indian Post & Telecommunication Accounts and Finance Service (IP&TAFS), 1992 batch, has assumed charge as the new Director General and Chief Executive Officer of the Indian Institute of Corporate Affairs (IICA), which is a think tank under the Ministry of Corporate Affairs, Government of India.
He has previously served in various key roles including Joint Secretary in the Ministry of Corporate Affairs, CEO of the Investor Education and Protection Fund Authority (IEPFA), and as Member of the Governing Body of the Insolvency and Bankruptcy Board of India (IBBI).
Rajasthan is all set to become a part of India’s first cheetah reintroduction project, currently operational in Madhya Pradesh. A wildlife corridor spanning 17,000 square kilometers will be developed across both states, allowing cheetahs to roam freely in a protected and connected habitat.
The corridor will link Palpur Kuno National Park and Gandhi Sagar Sanctuary in Madhya Pradesh with the Mukundara Hills Tiger Reserve in Rajasthan. As part of the plan, seven districts in Rajasthan — Kota, Bundi, Baran, Jhalawar, Sawai Madhopur, Karauli, and Chittorgarh — will be integrated into the project.
Yemen's Presidential Leadership Council (PLC) appointed finance minister Salem Saleh Bin Braik as the country's new Prime Minister, following the resignation of Ahmed Awad bin Mubarak. Bin Braik, who has served as the finance minister since 2019 and Vice finance minister prior to that, has held several key financial and administrative roles throughout his career.
Bin Mubarak, who took office in February 2024, had previously served as Yemen's foreign minister and Ambassador to the US. The Yemeni rial is experiencing an unprecedented collapse, deepening the suffering of citizens in a country the United Nations has described as facing one of the world's worst humanitarian crises.
Yoga guru and Padma Shri awardee Swami Sivananda Saraswati passed away due to a cardiac arrest, on May 04, at the age of 128 in Varanasi. In 2019, he was honoured with the Yoga Ratna Award in Bengaluru. In 2022, President Ram Nath Kovind also gave him the Padma Shri award for his contribution to the field of yoga.
India’s human development progress continues amid global challenges: UNDP’s 2025 Human Development Report highlights the role of AI in shaping future possibilities. India’s HDI value increases from 0.676 in 2022 to 0.685 in 2023, placing the country in the medium human development category.
India continues its steady rise on the Human Development Index (HDI), ranking 130 out of 193 countries in the 2025 Human Development Report released by the United Nations Development Programme. With an HDI value increasing from 0.676 in 2022 to 0.685 in 2023, India remains in the medium human development category, moving closer to the threshold for high human development.
The 2025 HDR, titled “A Matter of Choice: People and Possibilities in the Age of AI”, highlights the critical role of artificial intelligence in shaping the next chapter of human development—particularly in fast-growing economies like India. India’s HDI value has increased by over 53% since 1990, growing faster than both the global and South Asian averages.
SEBI has mandated a minimum ticket size or investment threshold of Rs 1 crore for the RBI-regulated originators and unregulated entities engaged in securitisation activities. Securitised Debt Instruments are financial products created by pooling together various types of debt -- such as loans, mortgages, or receivables -- and then selling them as securities to investors.
This process, known as securitisation, allows the originator (such as a bank) to convert illiquid assets into liquid ones, providing an alternative source of funding. Further, the minimum ticket size for subsequent transfers of a securitised debt instrument will be Rs 1 crore for originators, which are not regulated by the Reserve Bank of India (RBI).
One of the most prestigious recognitions in journalism, the Pulitzer Prize Board announced the winners of its 2025 awards. The New York Times secured four awards across multiple categories. The Washington Post and The Wall Street Journal also received honours for their high-impact reporting on key political and societal issues.
Reuters was awarded the Pulitzer Prize for Investigative Reporting for its expansive series 'Fentanyl Express,' which exposed the international supply chains behind the opioid crisis in the United States.
The Department of Posts is proud to release a commemorative postage stamp celebrating 125 years of the Kodaikanal Solar Observatory (KSO). Recognising the legacy of the KSO through this special stamp is a fitting tribute to one of India’s most significant scientific institutions and highlights the nation’s long-standing contribution to global science.
Located in the Palani Hills of Tamil Nadu, the Kodaikanal Solar Observatory (KSO), established on 1 April 1899, has been a pioneering centre for solar research in India for over a century. Operated by the Indian Institute of Astrophysics (IIA), it holds the distinction of being the country’s longest-running astronomical observatory and,
maintains one of the world’s most extensive and continuous daily records of the Sun.
The Observatory’s contributions to solar physics are both vast and enduring. Over its 125 years of operation, researchers at KSO have undertaken pioneering studies on sunspots, solar flares, prominences, and the solar corona, significantly enhancing our understanding of solar activity.
Union Home Minister Amit Shah inaugurated the revamped Multi Agency Centre (MAC), a common counter-terrorism grid under Intelligence Bureau (IB) that was conceptualised in 2001 post the Kargil war. The new MAC network connects all police districts in the country through a secured network and has been built at a cost of Rs. 500 crore.
As many as 28 organisations, including the Research and Analysis Wing (RAW), armed forces and State police, are part of the platform and various security agencies share real time intelligence inputs on MAC.
The President of India, Smt Droupadi Murmu conferred the 58th Jnanpith Award on Sanskrit scholar Jagadguru Rambhadracharya Ji at a function held at Vigyan Bhavan in New Delhi today (May 16, 2025).
The Archaeological Survey of India (ASI), in collaboration with the World Monuments Fund India (WMFI) and the TCS Foundation, has successfully completed the conservation work of Rajon ki Baoli, a 16th- century stepwell, located in Mehrauli Archaeological Park, New Delhi.
This project was a part of WMFI’s Historic Water Systems of India initiative, funded by the TCS Foundation, aligning with the World Monuments Fund’s Climate Heritage Initiative.
It highlights the importance of restoring traditional water systems as sustainable solutions for water management in the face of climate change.
World Telecommunication Day has been celebrated annually on 17 May since 1969, marking the founding of ITU and the signing of the first International Telegraph Convention in 1865. It was instituted by the Plenipotentiary Conference in Malaga-Torremolinos in 1973 as Resolution 46.
WTISD also marks the founding of the International Telecommunication Union (ITU) – the United Nations agency for digital technologies. In 2025, ITU commemorates its 160th anniversary, highlighting its long-standing role in advancing global connectivity and fostering international cooperation.
