Four Indian nationals were killed and one critically injured after the commercial vessel MV Golden Leo was attacked off Odesa, Ukraine. India condemned the strike, summoned a Russian diplomat, and is providing assistance to those affected.
Indian sailors are being killed and injured in Middle East shipping attacks amid the US-Israel-Iran conflict. India's government has implemented new monitoring and hiring advisories, but families of victims demand stronger action and compensation.
Foreign investors are increasingly favoring Indian bonds over equities, driven by India's removal of tax on overseas bond investors and the anticipated inclusion in the Bloomberg Global Aggregate Bond Index by early 2027. This move is expected to attract $25-27 billion in inflows by FY2028, helping narrow India's balance of payments deficit and shore up the rupee.
The Indian government fined HP India and its partners a total of 1.4 billion rupees ($14.4 million) for colluding with resellers in the "cartelization" of computers, ink cartridges, and toner, including bid rigging for government contracts.
Meta announced new measures to combat child exploitation, following a notice from the Indian government regarding alleged child sexual abuse material in Instagram ads. The company stated it has identified and disabled offending ads and accounts, using AI to detect suspicious behavior and removing millions of accounts globally.
Meta Platforms is defending its new WhatsApp username feature after India's government warned it could increase cybercrime. India has given WhatsApp three days to explain the feature, citing concerns about fraud and phishing, and has asked the company to pause the rollout.
WhatsApp issued clarifications on its upcoming 'Username' feature, addressing privacy, safety, and impersonation concerns. The feature, designed to allow connections without sharing phone numbers, will be optional. The Indian government has directed Meta not to roll out the feature until consultations are complete, citing potential for fraud and impersonation.
The Indian government has cautioned WhatsApp that its upcoming 'username' feature could enable cyber fraud and impersonation, holding the platform legally responsible for any loopholes. MeitY prioritizes cybersecurity, stating platforms must ensure their architecture prevents misuse, while WhatsApp defends the feature, citing built-in safeguards for user privacy and abuse detection.
An Indian captain, Ajay Pant, of a sanctioned Russian oil tanker intercepted in the English Channel has been arrested in the UK and charged with breaching sanctions. His family in India is appealing to the government for his release.
The Indian government has banned 16 Fixed Dose Combinations (FDCs) of drugs, citing a lack of therapeutic justification and potential risks outweighing benefits. The prohibition, effective immediately, covers various categories including dermatological, analgesic, antispasmodic, and antibiotic formulations.
An Indian captain, Ajay Pant, was arrested in the UK and charged with breaching sanctions after his Russian oil tanker, MV Smyrtos, was intercepted. The vessel, en route from Russia to India, was found without a legitimate flag. Pant appeared in court and was remanded in custody, with his family appealing to the Indian government for assistance.
The Delhi High Court has dismissed Telegram's appeal against the Indian government's order to temporarily block the messaging platform ahead of a medical exam retest. The court found the government's measures proportionate and legally sound, keeping the ban until June 22.
Messaging app Telegram has filed a lawsuit in New Delhi, challenging an Indian government order that temporarily blocked its platform to prevent exam fraud. Telegram argues the ban is unconstitutional and a disproportionate restriction on free speech for its 150 million Indian users.
Messaging platform Telegram has challenged an Indian government order temporarily blocking the app ahead of a retest of the NEET medical entrance examination. Telegram claims over 150 million users are affected by the ban, which the government imposed due to alleged use by cheating rackets.
Telegram has sued the Indian government after it was temporarily banned days before a crucial medical entrance exam retest. The government cited concerns over leaked exam papers, but Telegram's CEO called the ban a "mistake" that punishes millions of users.
India has banned the Telegram messaging app until June 22, citing its use by cheating rackets to defraud candidates in the upcoming NEET medical entrance exam re-test. The exam was cancelled due to a question paper leak, sparking outrage and protests.
The Reserve Bank of India's record ₹2.87 lakh crore dividend transfer provides crucial fiscal support to the Indian government, aiding spending on infrastructure, subsidies, and welfare programs amidst global economic turbulence and rising costs.
India's housing ministry has ordered the exclusive Delhi Gymkhana Club to vacate its New Delhi premises by June 5, citing urgent public interest and security needs. The move aligns with PM Modi's broader agenda against entrenched elite institutions and colonial-era relics.
The US Department of Justice has dropped fraud charges against Indian billionaire Gautam Adani after his new legal team, led by Robert J Giuffra Jr (also Donald Trump's personal lawyer), proposed a $10bn US investment creating 15,000 jobs, alongside challenging evidence and jurisdiction in an undisclosed April meeting.
The Indian government has launched a $1.5 billion Bharat Maritime Insurance Pool, backed by a $1.4 billion sovereign guarantee, to offer risk cover for Indian vessels on international routes, including war zones. This initiative aims to reduce shipping insurance premiums and guarantee coverage even when global insurers withdraw due to rising risks.
The Indian government has rationalised royalty rates and methodologies for crude oil, natural gas, and casing head condensate to simplify regulations and boost the upstream energy sector. This move aims to bring greater clarity, consistency, and predictability to the oil and gas regime, encouraging fresh investments in exploration and production activities.
The Indian government has assured citizens of uninterrupted fuel supplies, citing adequate reserves and fiscal measures to mitigate the impact of rising global crude prices caused by the ongoing Middle East conflict.
Offshore gaming companies with Russian and East European links have exploited the Indian GST Department's official website (cgst.ahmedabadzone.gov.in) by creating fake pages with backlinks to illegal betting platforms, falsely claiming legitimacy. The fake pages, released around April 19, feature grammatical errors and promote offshore casinos despite being banned in India. Technology lawyer Jay Sayta called it a security lapse requiring investigation, while chartered accountant Ashish Karundia highlighted that Section 14A of the IGST Act already provides legal framework to tax and block such platforms.
