India is tightening import regulations on household appliances and electronics from China following the discovery of substandard products. The new order mandates Bureau of Indian Standards (BIS) certification for various electrical items, effective March 2026.
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Tensions escalate between Shashi Tharoor and the Congress party as Tharoor's repeated praise for PM Modi's policies and acceptance of a government nomination have widened the existing gap. The Congress leadership is unhappy with Tharoor's actions, leading to speculation about his future within the party.
Microsoft CEO Satya Nadella lauded DeepSeek's R1 as a formidable competitor to OpenAI's models, surpassing even Google's Gemini in performance. This recognition, along with praise from OpenAI's Sam Altman and Google's Sundar Pichai, highlights DeepSeek's significant impact on the AI landscape. R1's cost-effectiveness has stirred market concerns about AI hardware demand.
Accenture is promoting nearly 50,000 staff globally this June, including 15,000 in India. This move follows a delayed cycle due to reduced consulting demands. Additionally, Associate Managers and higher positions will see pay hikes ranging from 3% to 13%, their first in 2.5 years.
Following the Pahalgam terror attack, stakeholders organized a roadshow from Srinagar to Pahalgam to revive tourism. The roadshow aimed to convey that Kashmir is safe. It was stopped 30km before Pahalgam due to security concerns. Participants included shikara operators, hoteliers, and travel agents. Chief Minister Omar Abdullah expressed dismay over the impact on tourism.
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in early trade on Tuesday a day after an over 3.5% rally. While Nifty50 went below 24,750, BSE Sensex was below 81,700.
Britain and the European Union have forged a new security and defence partnership, enabling closer collaboration amidst escalating global threats. The agreement allows the UK defence industry to participate in the EU’s €150 billion Security Action for Europe (SAFE) fund, potentially supporting thousands of British jobs.
Jeff Bezos and Lauren Sanchez, soon to be married, were spotted enjoying a glamorous date night at the Cannes Film Festival's amfAR Gala, a charity event supporting AIDS research. Sanchez dazzled in a multicoloured gown, while Bezos sported a classic tuxedo.
Gautam Gambhir and the initial group of Test players are scheduled to depart for England on June 6, with subsequent departures contingent on IPL 2025 commitments. Gambhir will concentrate on preparing the Test squad, while support staff may join the team directly in England. The India A squad's departure will also be staggered, commencing on May 25.
The Bar Council of India has revised regulations, allowing foreign lawyers and firms to practice foreign and international law under specific conditions. They can advise on foreign law and participate in international commercial arbitration, but are barred from practicing Indian law. These changes aim to establish India as a global arbitration hub while protecting the rights of Indian advocates.
Amit Shah asserted a change in India's security approach. He mentioned past provocations from Pakistan. Previous governments did not give appropriate responses. Post 2014, India retaliated strongly after attacks like Uri and Pulwama. Surgical strikes and airstrikes targeted terror infrastructure. Shah highlighted Operation Sindoor as a response to the Pahalgam attack.