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RBI announces record Rs 2.87 lakh crore dividend payout to Centre, surplus transfer rises again

The Reserve Bank of India has announced a record Rs 2.87 lakh crore dividend payout to the government for FY26, significantly boosting fiscal space amidst global uncertainties. This substantial transfer, a notable increase from previous years, reflects the central bank’s robust financial performance and expanding balance sheet. The decision was made at the RBI Central

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SC refers UAPA bail question to larger bench, avoids responding to remarks on Umar Khalid, Sharjeel Imam verdict

The Supreme Court on Friday chose not to comment on observations questioning its earlier bail denial to activists Umar Khalid and Sharjeel Imam. While hearing bail pleas for other riot accused, the bench indicated it might grant interim bail, but will consider Delhi Police’s plea for a larger bench review on UAPA bail norms.

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Dept of space gives nod for space tech facilities in Tamil Nadu, Gujarat

India is set to revolutionize its private space manufacturing landscape with new Common Technical Facilities launching in Gujarat and Tamil Nadu. These innovative shared spaces will harness cutting-edge testing and integration infrastructure, paving the way for startups and companies to craft advanced spacecraft and launch vehicles more efficiently.

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India tests Vayu Astra loitering munition, which can hit targets 100km inside enemy territory

Nibe Limited, a leading innovator in defense technology from India, has successfully tested its Vayu Astra Loitering Munition, which features a robust 10 kg warhead and a striking operational range of 100 km. This next-gen drone sets itself apart with its operator-controlled functionality, empowering users to identify and engage targets dynamically.

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Supreme Court Modifies Order Against Academics Over NCERT Judiciary Chapter – Outlook India

Supreme Court Modifies Order Against Academics Over NCERT Judiciary Chapter  Outlook India

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‘Marwa denge tujhe’: Cockroach Janta Party founder Abhijeet Dipke receives death threats on Whatsapp

Founder of the satirical Cockroach Janta Party, Abhijeet Dipke, has reported receiving death threats on WhatsApp, urging him to shut down the viral social media outfit or join the BJP. His parents have also voiced concerns about his safety and potential arrest due to the party’s rapid online popularity.

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Business

SBI Mutual Fund raises Bandhan Bank bet, stake crosses 5% mark after fresh share purchase

SBI Mutual Fund has boosted its investment in Bandhan Bank. The fund’s stake now exceeds five percent after buying more shares. This move was reported on May 20, 2026. Bandhan Bank shares saw a slight increase on Friday. Investors are watching this development closely.

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Trump to send 5,000 additional troops to fortress Poland to further strengthen Nato’s eastern flank

The US is bolstering its presence in Poland with an additional 5,000 troops, recognizing Warsaw’s escalating importance in regional security. Poland, already hosting 10,000 American soldiers, is rapidly militarizing, investing heavily in advanced weaponry from the US and South Korea.

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