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Stories from earlier this week and beyond.

Andreessen mocks General Catalyst viral ad with boardroom spoof Woof AI campaign

Andreessen mocks General Catalyst viral ad with boardroom spoof Woof AI campaign

Venture capitalist Marc Andreessen escalated his public disagreement with General Catalyst by posting a boardroom spoof video on X. The staged meeting, branded as General Catalyst, features a pitch for the fictional robotic dog “Woof AI,” punctuated by executives reacting with sharp, dismissive remarks. Andreessen had already criticized the original 55-second campaign as condescending and compared it to Mac vs PC commercials—arguing the message makes the sponsor seem negative. General Catalyst has not replied.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Noida Sector 63 inferno engulfs garment factory and two neighbours as black smoke rises for kilometres

Noida Sector 63 inferno engulfs garment factory and two neighbours as black smoke rises for kilometres

A major fire erupted at a private garment manufacturing unit in Noida’s Sector-63, quickly escalating from plot D-140 into two adjacent commercial structures. Thick plumes of black smoke billowed into the sky and were reportedly visible from several kilometres away, sending panic through the crowded industrial area. Noida Police and the local fire department rushed multiple fire tenders and rescue teams to the spot. Crews are actively fighting the flames and working to stop the blaze spreading further.

Summarised by Beize from a story on Republic on 16 May 2026

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Fuel prices surge in Himachal as bitumen doubles, leaving contractors idle and construction targets at risk

Fuel prices surge in Himachal as bitumen doubles, leaving contractors idle and construction targets at risk

Himachal Pradesh PWD minister Vikramaditya Singh warned that rising petrol and diesel prices are driving inflation across sectors, raising transportation costs for essentials like vegetables, milk and edible oils. He said road construction has stalled in peak tarring season because bitumen prices have doubled, with contractors reportedly not working despite targets of 500–600 km. Singh urged the Centre to intervene amid global uncertainties and also flagged urban waste and untreated sewage entering the Beas river.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Azam Khan Convicted for 2019 DM Remark Court finds SP leader guilty amid election controversy

Azam Khan Convicted for 2019 DM Remark Court finds SP leader guilty amid election controversy

Samajwadi Party leader Azam Khan was convicted by a special MP-MLA court in Rampur over a remark he allegedly made during a 2019 Lok Sabha election campaign. The court held him guilty for an objectionable “will make you clean shoes” statement directed at the then District Magistrate, Anjaneya Kumar Singh. The case, filed for violating the Model Code of Conduct and using derogatory language toward a public servant, is expected to see the quantum of sentence pronounced separately. The verdict adds to his ongoing legal troubles and fuels claims of political targeting.

Summarised by Beize from a story on Republic on 16 May 2026
GoPro explores defense and may sell itself as layoffs deepen and stock stalls

GoPro explores defense and may sell itself as layoffs deepen and stock stalls

GoPro, once a consumer-tech darling, is shifting from action cameras to potential defense and aerospace work as it weighs strategic options that include a possible sale. The company’s board said it received unsolicited inquiries spanning defense, consumer, and financial parties, while earlier attempts to pivot to defense briefly lifted its stock before it slid again. Sales have been falling, losses rising, and GoPro has cut about a quarter of its workforce, leaving fewer than 600 employees.

Summarised by Beize from a story on TechCrunch on 16 May 2026
Rapido fuels India startup funding surge with $730 million round as total hits $790 million across 18 deals

Rapido fuels India startup funding surge with $730 million round as total hits $790 million across 18 deals

Rapido’s massive $730 million funding round propelled Indian startup investment to roughly $790 million across 18 deals in the second week of May, according to Tracxn. That’s a sharp jump from $120.4 million across 19 rounds in the previous week and far above the same week last year. While Rapido’s $240 million late-stage component led the headlines, early-stage startups raised $35.1 million and seed-stage firms collected $12.1 million. HrdWyr and Wingreens World also secured notable rounds.

Summarised by Beize from a story on The Economic Times on 16 May 2026

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Ayushmann Khurrana admits he briefly dumped Tahira after Roadies fame and called his 20s ego a red flag

Ayushmann Khurrana admits he briefly dumped Tahira after Roadies fame and called his 20s ego a red flag

During promotion for Pati Patni Aur Woh Do, Ayushmann Khurrana opened up about a darker phase in his relationship with Tahira Kashyap. After winning MTV Roadies season 2 in 2004, he admitted his early-20s ego ballooned and he temporarily broke up with her to focus on himself, convincing himself he didn’t need romance. The separation lasted about six months before he realized his mistake and reconciled. They married in 2008 and later welcomed children in 2014 and 2021.

Summarised by Beize from a story on The Economic Times on 16 May 2026
NPS unveils Retirement Income Schemes and drawdown options for steadier pension cashflow

NPS unveils Retirement Income Schemes and drawdown options for steadier pension cashflow

The PFRDA has introduced Retirement Income Schemes (RIS) and new drawdown options for National Pension System subscribers, aiming for more predictable cashflow and longer corpus life after retirement. RIS is a lifecycle scheme with an annual equity glide path, cutting equity exposure from 35% at 60 to 10% at 75, then holding it till 85. Retirees can opt for periodic withdrawals from the corpus while continuing mandatory annuity payouts, but PFRDA says payouts are not guaranteed and remain market-linked.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Delhi gang rape case twist: accused cite money dispute as police verify claims and send bus for forensics

Delhi gang rape case twist: accused cite money dispute as police verify claims and send bus for forensics

A Delhi gang-rape case from Outer Delhi’s Nangloi has taken a new turn after the accused claimed it was a monetary dispute rather than an assault. The 30-year-old complainant alleged she was dragged onto a private sleeper bus, taken to a secluded spot, and sexually assaulted by the driver and conductor. Police recorded her statement under Section 164, seized the bus for forensic checks, and are reviewing CCTV and technical details as officers verify both timelines.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Kerala CM designate Satheesan says IUML pressure shaped UDF secular unity and cabinet talks near completion

Kerala CM designate Satheesan says IUML pressure shaped UDF secular unity and cabinet talks near completion

Kerala CM-designate V D Satheesan on Saturday met IUML leaders and credited the party, led by Sayyid Sadiq Ali Shihab Thangal, as a “brother party” sustaining the UDF’s secular stance. He said communal campaigns over Munambam and Palluruthy issues failed because IUML’s leadership stayed firm, even during the Babri Masjid demolition period. Satheesan also argued that IUML’s strength is essential for Kerala’s stability and said portfolio-sharing discussions are complete, with announcements expected Sunday.

Summarised by Beize from a story on The Economic Times on 16 May 2026

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Delhi Metro pushes last trains past midnight for DC vs RR IPL on May 17 at Arun Jaitley Stadium

Delhi Metro pushes last trains past midnight for DC vs RR IPL on May 17 at Arun Jaitley Stadium

Delhi Metro has extended last train timings across operational lines for the DC vs Rajasthan Royals IPL match at Arun Jaitley Stadium on Sunday, May 17. With the game starting at 7:30 PM and expected to finish after 11:00 PM, DMRC has pushed back terminal departures to prevent fans from being stranded. Examples include a 11:35 PM last train from Dwarka Sector-21 to Noida Electronic City and a final Samaypur Badli to Millennium City Centre Gurugram service at 12:20 AM.

Summarised by Beize from a story on Republic on 16 May 2026
Rishabh Pant fined Rs 12 lakh as LSG beat CSK despite slow over rate

Rishabh Pant fined Rs 12 lakh as LSG beat CSK despite slow over rate

Lucknow Super Giants captain Rishabh Pant was fined Rs 12 lakh for a slow over-rate during Match No. 59 of IPL 2026 against Chennai Super Kings in Lucknow. It was LSG’s first Code of Conduct offence under Article 2.22. The penalty came despite a convincing seven-wicket win for LSG, who chased 188 quickly in 16.4 overs. Mitchell Marsh powered the chase with a 38-ball 90, while Kartik Sharma’s 71 couldn’t stop CSK’s 187/5. Ruturaj Gaikwad credited LSG’s shot-making.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Mithun Chakraborty calls Suvendu Adhikari West Bengal’s best CM after secretive one hour meeting

Mithun Chakraborty calls Suvendu Adhikari West Bengal’s best CM after secretive one hour meeting

Senior BJP leader Mithun Chakraborty on Saturday hailed Suvendu Adhikari as “the best chief minister West Bengal can have” after Adhikari visited his New Town residence and met for nearly an hour. Adhikari then began his first district tour, starting with Diamond Harbour in South 24 Parganas. Chakraborty said Adhikari had already started “working from day one” and promised “real changes.” The CM-designate later said he sought Chakraborty’s blessings, though they would not share the roadmap discussed. The timing is politically loaded ahead of upcoming polls.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Walmart and Amazon push faster deliveries into rural America aiming to capture a trillion dollar market

Walmart and Amazon push faster deliveries into rural America aiming to capture a trillion dollar market

Walmart and Amazon are accelerating online deliveries in rural U.S. areas long deemed too sparse and unprofitable, using store coverage and newly built micro-fulfillment hubs to overcome distance and road challenges. Morgan Stanley estimates the opportunity could reach up to $1 trillion annually. Remote work and rural economic gains are swelling demand, with Amazon investing $4 billion in same-day or next-day delivery across 4,000 smaller towns last year. Walmart also leans on its footprint, with 90% of Americans living within 10 miles of a store.

Summarised by Beize from a story on The Economic Times on 16 May 2026

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Rupee weakness could erase petrol diesel relief as SBI warns costs rise fast with any more depreciation

Rupee weakness could erase petrol diesel relief as SBI warns costs rise fast with any more depreciation

SBI Research warns the rupee is at a critical depreciation threshold, where any further fall could cancel out benefits from the recent Rs 3 per litre petrol and diesel price hike. The report says even an extra Rs 2 depreciation increases the effective crude oil price, raising landed import costs enough to fully offset the relief to Oil Marketing Companies. OMC under-recoveries are soaring to about Rs 1,000 crore per day, and SBI also flags inflation and external risks from crude market pressures.

Summarised by Beize from a story on Republic on 16 May 2026
NCB seizes first Captagon consignment worth Rs 182 crore under Operation RAGEPILL Amit Shah announces

NCB seizes first Captagon consignment worth Rs 182 crore under Operation RAGEPILL Amit Shah announces

Home Minister Amit Shah announced that India’s Narcotics Control Bureau (NCB) has seized the first-ever consignment of Captagon, dubbed the “Jihadi Drug,” valued at Rs 182 crore. The operation, named “Operation RAGEPILL,” targeted a shipment destined for the Middle East, and included the arrest of a foreign national. Shah said the bust reflects the Modi government’s commitment to a “Drug-Free India,” with pledges to stop both incoming and outgoing drug flows that use Indian territory as a transit route.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Jarange sets May 30 indefinite hunger strike over Maratha quota delays and Kunbi certificate stoppage

Jarange sets May 30 indefinite hunger strike over Maratha quota delays and Kunbi certificate stoppage

Maratha activist Manoj Jarange has announced an indefinite hunger strike from May 30, after accusing the Maharashtra government of stalling Kunbi caste certificate issuance in Marathwada. He gave a May 29 deadline for certificates and warned of renewed agitation if authorities fail to act. Jarange also demanded the dissolution of the Maratha quota sub-committee, validation of Gazette-based certificates, and withdrawal of police cases against protesters. He linked the protest to pending scholarships and a recent cabinet policy affecting reserved category claims on open seats.

Summarised by Beize from a story on The Economic Times on 16 May 2026
MP man dies after eating watermelon as son fights for life days after Chhattisgarh death

MP man dies after eating watermelon as son fights for life days after Chhattisgarh death

A 43-year-old man, Indra Kumar Parihar, died in Madhya Pradesh’s Sheopur district after reportedly eating watermelon at home; his 21-year-old son Vinod remains in critical condition. The father and son began feeling unwell on Thursday night, worsened by Friday morning, and were rushed to Sheopur District Hospital, where he died en route. Doctors suspect a severe stomach infection or food-related illness, but officials are still awaiting medical reports. The incident echoes similar watermelon tragedies in Chhattisgarh and beyond.

Summarised by Beize from a story on Republic on 16 May 2026

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John Travolta gets surprise honorary Palme d'Or at Cannes 2026 and calls it beyond Oscars

John Travolta gets surprise honorary Palme d'Or at Cannes 2026 and calls it beyond Oscars

John Travolta received a surprise honorary Palme d’Or at Cannes 2026, presented by festival chief Thierry Fremaux before the premiere of his Apple TV-backed directorial debut, “Propeller One-Way Night Coach.” The actor received a standing ovation and told Deadline the recognition was “an honour beyond the Oscars.” Fremaux praised Travolta’s cinematic impact, and Travolta reflected on his life and process, saying the film reflects his personal perspective, stitched to memories and music.

Summarised by Beize from a story on Republic on 16 May 2026
Modi visit spotlights ASML choke point as India’s $14 billion chip plant depends on one Dutch firm

Modi visit spotlights ASML choke point as India’s $14 billion chip plant depends on one Dutch firm

Modi’s Netherlands tour is being treated as a semiconductor diplomacy moment, because India’s chip push hinges on one Dutch company: ASML of Veldhoven. India’s state-backed effort to cut import dependence includes a $14 billion Tata Electronics mega-fab in Dholera, Gujarat, with Taiwan’s Powerchip. But advanced lithography—the most precise, capital-heavy step—requires ASML equipment. ASML’s grip on EUV systems means India’s silicon sovereignty depends on access and supply continuity from a single global supplier.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Indian Navy ship Sunayna docks in Colombo for three days amid multinational security drills

Indian Navy ship Sunayna docks in Colombo for three days amid multinational security drills

Indian Naval Ship Sunayna has docked at Colombo for a three-day port call as part of India’s IOS SAGAR deployment in the Indian Ocean Region. The initiative brings together a combined crew from India and 16 partner countries, including Sri Lanka, marking the deployment’s seventh port call since it set out from Mumbai in April 2026. During its stay, the ship will be open to visitors, including school children and members of the Indian diaspora, before it departs May 18 for a PASSEX with Sri Lanka’s Navy.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Kerala UDF cabinet talks spark who gets what scramble as Congress chief meets allies

Kerala UDF cabinet talks spark who gets what scramble as Congress chief meets allies

As Kerala’s Congress-led UDF races to form its new cabinet after a decisive 2026 election win, Keralam Congress president Sunny Joseph says talks over ministerial berths will be conducted both individually and collectively with alliance partners. The statement comes as Congress leader VD Satheesan, announced as chief minister-designate on May 14, prepares to be sworn in on May 18. The political moment is heightened by a high-profile meeting with AMMA members at Satheesan’s residence and the UDF ending LDF’s decade-long rule.

Summarised by Beize from a story on Republic on 16 May 2026
Netanyahu reveals a secret UAE trip as Iron Dome support sparks Gulf denials and regional backlash

Netanyahu reveals a secret UAE trip as Iron Dome support sparks Gulf denials and regional backlash

The Israel-UAE relationship, usually handled quietly, was pulled into public view after the US ambassador revealed Israeli Iron Dome personnel and weapons were sent to help protect the UAE from Iranian attacks. Days later, Benjamin Netanyahu said he had secretly visited Abu Dhabi during the war—prompting a fast UAE denial. With tensions rising from the Iran and Gaza conflicts, Gulf states reportedly prefer downplaying Israel ties, even after formal normalization under the Abraham Accords.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Texas mother charged with capital murder after children found dead in burned car, police detail latest evidence

Texas mother charged with capital murder after children found dead in burned car, police detail latest evidence

San Antonio Police say officers responded to a reported vehicle fire behind a warehouse early Friday morning and found two young children dead inside the burned car. The children, believed to be ages five and seven, were discovered in Richland Hills on the west side after a passerby noticed the flames. Police identified the suspect as Marlene Vidal, 34, of Edinburg, and charged her with capital murder. Investigators are interviewing family members and others, noting indications of mental health issues but no confirmed motive.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Bitcoin slips toward 79K as Treasury yields and oil surge spark broad risk off selling

Bitcoin slips toward 79K as Treasury yields and oil surge spark broad risk off selling

Bitcoin drifted toward $79,000 as rising US Treasury yields, renewed inflation worries, and high oil prices triggered a risk-off mood across global markets. The pullback followed a failed attempt to regain the $82,000–$82,500 resistance band, with trading around $78,799. In 24 hours, Bitcoin fell about 2% and Ethereum slipped 1%. Overall crypto market value fell roughly 2% to $2.63 trillion, while analysts flagged ETF flows, macro liquidity, and on-chain behavior as key for the next move.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Delhi to notify city logistics plan to spur industry investment amid LEADS 2025 top ranking

Delhi to notify city logistics plan to spur industry investment amid LEADS 2025 top ranking

Delhi’s government says it is preparing to notify a city logistics plan aimed at boosting industrial investment, with Chief Minister Rekha Gupta citing the capital’s top “Exemplary” standing in the LEADS 2025 Logistics Ease Index. The plan will be folded into the incoming Warehousing and Logistics Policy 2025 and builds on reforms like the Delhi Single Window System for faster approvals, pothole-free road upgrades by the PWD, and ULIP for API-based real-time monitoring and data sharing.

Summarised by Beize from a story on The Economic Times on 16 May 2026
IMD to rewrite heatwave rules as Kerala suffers hotter nights and humidity mismatch

IMD to rewrite heatwave rules as Kerala suffers hotter nights and humidity mismatch

The India Meteorological Department (IMD) says it will revise its criteria for declaring heatwave conditions because the current parameters do not match India’s diverse geography. Kerala has struggled with warnings during a summer marked by severe heat and unusual humidity, including an anti-cyclone system forming unusually far south that kept nights unusually hot. IMD says night temperatures were 3 to 4 degrees Celsius above normal, and heatwave alerts were limited by station and threshold rules. Changes will be finalized after consulting disaster management authorities.

Summarised by Beize from a story on The Economic Times on 16 May 2026
S&P Global trims 2026 growth to 2.4% and warns downside risks for economies including India

S&P Global trims 2026 growth to 2.4% and warns downside risks for economies including India

S&P Global cut its outlook for global real GDP growth to nearly 2.4% in 2026, down from 2.6% in its March forecast, citing higher energy prices, persistent geopolitical tensions, and weaker demand. The firm expects only a modest rebound in 2027 to about 2.7%. In Asia-Pacific, growth was revised lower on energy import exposure. For India, real GDP growth for FY 2026–27 was reduced to around 5.9%, driven by inflation, currency pressure, and costlier energy imports.

Summarised by Beize from a story on Republic on 16 May 2026
Mehrotra warns rupee may hit 100 soon as India taxes gold and fuel instead of super rich

Mehrotra warns rupee may hit 100 soon as India taxes gold and fuel instead of super rich

Former UN advisor and economist Santosh Mehrotra says India’s tax approach is worsening inflation and jobs. He argues the government should target super-rich and high-net-worth individuals with surcharges instead of raising regressive indirect taxes on fuel and gold duties. With tensions in West Asia escalating, Mehrotra warns the rupee could slide to ₹100 per US dollar within a quarter. He also cautions crude oil could exceed $150, stressing MSMEs and triggering worker reverse migration.

Summarised by Beize from a story on The Economic Times on 16 May 2026
SpaceX shareholders approve 5 for 1 split as Nasdaq IPO date nears June 12

SpaceX shareholders approve 5 for 1 split as Nasdaq IPO date nears June 12

SpaceX shareholders have approved the board recommended 5 for 1 stock split, according to Bloomberg. Shareholders were emailed that the stock’s fair market value would be adjusted to $105.32 per share from $526.59. The split is expected to be processed during the week of May 18 and completed by May 22. Separately, Reuters reports SpaceX is aiming to list on Nasdaq as early as June 12, with plans to pursue a massive capital raise at a valuation around $1.75 trillion.

Summarised by Beize from a story on The Economic Times on 16 May 2026
UN spotlights India Oman bond as Navy stitched sail vessel Kaundinya sails to Muscat in record voyage

UN spotlights India Oman bond as Navy stitched sail vessel Kaundinya sails to Muscat in record voyage

A UN event at headquarters in New York celebrated the Indian Navy’s traditional stitched-plank sail vessel INSV Kaundinya’s maiden voyage from Porbandar to Muscat. Co-organised by the Indian and Oman missions, the programme highlighted centuries-old Indian Ocean trade routes and peaceful maritime exchange, while speakers linked the theme to today’s shipping-route pressures. Indian officials referenced tensions around West Asia’s waterways, stressing cooperation, trust, and the Law of the Sea framework as oceans governance needs shared purpose.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Odisha fuel rush sparks petrol diesel panic as cops battle kilometre queues and alleged Rs 200 two wheeler limits

Odisha fuel rush sparks petrol diesel panic as cops battle kilometre queues and alleged Rs 200 two wheeler limits

Odisha saw a sudden petrol and diesel panic as rumours of a shortage pushed hundreds to queue outside fuel stations in Bhubaneswar, Cuttack and other areas. The situation worsened after petrol and diesel prices were hiked by Rs 3 per litre, with commuters reportedly waiting hours in heat. Boat operators in Puri and Chilika and farmers using irrigation pump sets also struggled to get diesel. Oil companies insist there is no shortage and stocks exist for 10 to 13 days, though some pumps reportedly ran dry temporarily.

Summarised by Beize from a story on The Economic Times on 16 May 2026
London plans ultra tough policing as far right Tommy Robinson rallies collide with FA Cup and Nakba Day

London plans ultra tough policing as far right Tommy Robinson rallies collide with FA Cup and Nakba Day

London braces for its busiest day in years as tens of thousands are expected for a far-right march led by Tommy Robinson and a counter-demonstration that blends pro-Palestinian protests with Nakba Day. The Metropolitan Police will deploy 4,000 officers plus drones, helicopters and more, and expects the operation to cost £4.5 million. In a zero-tolerance stance, organisers face new legal responsibility for hate-speech breaches by speakers. PM Keir Starmer warns troublemakers will face full force of the law.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Legend of Toys bags Rs 21 crore pre Series A to turn India’s premium RC brand into a global franchise

Legend of Toys bags Rs 21 crore pre Series A to turn India’s premium RC brand into a global franchise

Bengaluru startup Legend of Toys has raised Rs 21 crore in a pre-Series A round to scale its premium RC vehicle brand. Founded in 2024 by ISB alumni Afshaan Siddiqui and Vinay Jaisingh, it has already hit an annualised Rs 30 crore run-rate within 18 months and is growing 20% month-on-month. The money will fund new play categories, marketing, manufacturing upgrades and international expansion. Its character-led toy universe plus a free lifetime repair service aims to create repeat purchases, not one-offs.

Summarised by Beize from a story on Know Startup on 16 May 2026
TCS plans to lead global AI services as 130 of top clients already sign on for AI help

TCS plans to lead global AI services as 130 of top clients already sign on for AI help

TCS says FY26 became an “inflection point” for enterprise AI, shifting buyers from pilots to scaled deployments. CEO Krithivasan targets global leadership in AI-led technology services, with 130 of its 139 largest clients—those earning over $50 million annually—already using TCS as their AI partner. The firm is rapidly upskilling, with 270,000+ employees holding advanced AI skills. It’s also expanding AI infrastructure in India, including a HyperVault plan to build 1GW of data centre capacity.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Eternal and HDFC Bank top Q4 DII buying as markets fell sharply—see which stocks drew the biggest net buys

Eternal and HDFC Bank top Q4 DII buying as markets fell sharply—see which stocks drew the biggest net buys

Domestic institutional investors (DIIs) ramped up buying across large-cap India in the March 2026 quarter despite steep market declines. Financials led the list, with HDFC Bank emerging as the top buy, followed closely by ICICI Bank and major tech and telecom names. IT giant Infosys, Kotak Mahindra Bank, Bharti Airtel, and Reliance were also heavily accumulated. Eternal’s quick-commerce surge stood out, while multiple stocks recorded both large net buys and significant price drops.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Trump admits Iran ceasefire came as a favor to Pakistan, then hints US may resume action

Trump admits Iran ceasefire came as a favor to Pakistan, then hints US may resume action

US President Donald Trump said the US-Iran ceasefire, meant to open diplomacy toward ending hostilities in West Asia, was agreed “as a favour to Pakistan” because the country has mediated talks between Washington and Tehran. Trump also credited broader international pressure for influencing the pause. While he dismissed needing any “favours” from Xi Jinping over the Strait of Hormuz, he suggested China could still pressure Iran. Trump warned the US may carry out “cleanup work” after the month-long truce amid internal doubts about Pakistan’s messaging.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Days of Diamond returns June 4 2026 to Weekly Young Jump after indefinite hiatus ending fans wait

Days of Diamond returns June 4 2026 to Weekly Young Jump after indefinite hiatus ending fans wait

The baseball coming-of-age manga The Days of Diamond is set to return to Weekly Young Jump on June 4, 2026, ending its latest hiatus after months of uncertainty. Written and illustrated by Ōhashi Hirai, the series follows fifth-grader Jiro Ayasegawa as his talent isolates him until he joins the Adachi Bambies. Serialized since February 2023, it has repeatedly paused, most recently starting earlier in 2026 before this confirmed comeback. English readers can follow via Manga Plus.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Maharashtra Cyber orders app stores to remove illegal bike taxi apps after transport complaint

Maharashtra Cyber orders app stores to remove illegal bike taxi apps after transport complaint

Maharashtra Cybercrime police have launched action against alleged illegal bike taxi services across the state, after a complaint from the office of Transport Minister Pratap Sarnaik. Notices were sent to mobile app store platforms to remove applications facilitating unauthorised operations. The notice cites Maharashtra Cyber’s goal of preventing widespread use while protecting public safety and enforcing legal compliance. The notice references Section 79(3)(b) of the IT Act, warning app stores of potential liability if they fail to act.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Tourists flock to Dehradun and Mussoorie as No Vehicle Day fails to slow weekend traffic

Tourists flock to Dehradun and Mussoorie as No Vehicle Day fails to slow weekend traffic

Dehradun and Mussoorie are seeing a heavy weekend rush even as Uttarakhand promotes “No Vehicle Day” and Modi urges fuel conservation. Data from the Asharodi check post shows 14,218 vehicles entered Dehradun by midnight last Friday, already topping 12,019 by 8 PM the same day. Officials can be seen observing the initiative, but highway traffic suggests otherwise. The state links the move to fuel-supply pressure from global crises, and pairs it with public transport push and plans for stronger EV policy.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Ulhasnagar temple dispute turns brutal as woman paraded semi naked with slipper garlands arrests

Ulhasnagar temple dispute turns brutal as woman paraded semi naked with slipper garlands arrests

Ulhasnagar Police in Maharashtra have arrested two men after a viral video allegedly showed a woman being beaten, stripped semi-naked, hair chopped off, and paraded with garlands of slippers. Ulhasnagar ACP Shailesh Kale said the violence grew out of a temple-entry dispute between two families from the same community. A case has been registered against seven people under multiple sections, with two already detained.

Summarised by Beize from a story on Republic on 16 May 2026
EC orders probe after foreign nationals allegedly voted in Tamil Nadu polls 10 held in Chennai

EC orders probe after foreign nationals allegedly voted in Tamil Nadu polls 10 held in Chennai

The Election Commission has ordered an inquiry into allegations that foreign nationals “deceitfully” voted in Tamil Nadu’s April 23 Assembly election. The action followed a police report after ten foreign nationals were arrested while trying to board flights, with indelible ink noticed on their fingers by airport staff. Police say the detainees, from Sri Lanka, the UK, and Canada, allegedly used fraudulent Indian ID documents to cast votes. The Central Crime Branch is investigating under EC voting rules.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Long Island Rail Road strike halts North Americas busiest commuter rail for first time in 32 years

Long Island Rail Road strike halts North Americas busiest commuter rail for first time in 32 years

Thousands of Long Island Rail Road workers in New York walked off the job on May 16, 2026, after contract talks over a new wage agreement collapsed. The strike is the first in 32 years and shut down the busiest commuter rail system in North America, affecting nearly 300,000 daily riders. Five unions, representing about half of the LIRR’s 7,000 workers, began the walkout at 12:01 a.m. Unions cite three years without raises, while the MTA chairman says pay terms were already met.

Summarised by Beize from a story on The Economic Times on 16 May 2026
ICC suspends Cricket Canada funding for six months as governance probes pile up for the board

ICC suspends Cricket Canada funding for six months as governance probes pile up for the board

The ICC has suspended funding to Cricket Canada for six months due to unresolved governance concerns, a blow that could hit an organization heavily dependent on ICC distributions. ESPNcricinfo reports the suspension was communicated earlier this week, but ongoing activities like national team and high-performance programs are expected to continue. Cricket Canada’s 2024 accounts show ICC support provided about 63% of total income. The decision follows recent integrity controversies, including an ACU investigation into Canada vs New Zealand.

Summarised by Beize from a story on Republic on 16 May 2026
Kerala SSLC 2026 revaluation begins online tomorrow after results with headmaster verified applications

Kerala SSLC 2026 revaluation begins online tomorrow after results with headmaster verified applications

Kerala Pareeksha Bhavan has kicked off the SSLC 2026 revaluation, photocopy, and scrutiny application window a day after Class 10 results were declared. Students who are unhappy with marks or want higher scores can apply online for rechecking, photocopies of answer scripts, or scrutiny, but the board says these services do not apply to the IT paper. The board also streamlined applications by requiring headmaster verification and only processing those submitted with the prescribed fees.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Putin heads to China May 19-20 to deepen Xi ties after Trump visit delivers no breakthrough

Putin heads to China May 19-20 to deepen Xi ties after Trump visit delivers no breakthrough

Russian President Vladimir Putin will visit China on May 19 for two days, aiming to expand ties with Xi Jinping and sign a joint declaration. The trip comes right after Donald Trump’s high-profile return to Beijing, where major trade and geopolitical disputes, including Ukraine, remained unresolved. Putin will also discuss economic and trade cooperation with Premier Li Qiang. With Western sanctions squeezing Russia’s energy access, China remains Moscow’s crucial buyer of oil and gas.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Army chief warns Pakistan to choose geography or history after Operation Sindoor anniversary

Army chief warns Pakistan to choose geography or history after Operation Sindoor anniversary

Indian Army chief Gen Upendra Dwivedi delivered a blunt message to Pakistan, saying that if Islamabad continues to harbour terrorists and operate against India, it must decide whether it wants to remain part of the “geography or history.” He spoke during an event days after India marked the first anniversary of Operation Sindoor, launched in early May last year as retaliation for the Pahalgam attack. The nearly 88-hour conflict included retaliatory offensives under the same operation, ending after an understanding.

Summarised by Beize from a story on The Economic Times on 16 May 2026
How survivorship bias makes market geniuses look real and why chasing multibaggers can backfire hard

How survivorship bias makes market geniuses look real and why chasing multibaggers can backfire hard

An experiment shows how easy it is to create the illusion of “market genius” by only counting the winners: after each round, the group that was wrong simply disappears, so the remaining universe naturally boasts perfect results. The same mental trap distorts equity investing, where investors fixate on the rare 10x to 100x winners while ignoring the massive failures that made those wins possible. Using Indian stock data since 2000, odds of 5x gains depend heavily on when you enter.

Summarised by Beize from a story on The Economic Times on 16 May 2026
LIRR strike shuts down indefinitely as 300000 riders scramble for MTA backup options today

LIRR strike shuts down indefinitely as 300000 riders scramble for MTA backup options today

Long Island Rail Road service has been suspended indefinitely after an MTA contract negotiation breakdown triggered a walkout on May 16, 2026. With about 250,000 to 300,000 daily commuters stranded, the MTA is rolling out limited free peak-hour shuttle buses to help riders reach subway lines and key transfer points in Queens. Officials warn of heavier traffic and crowded platforms, advise leaving early, and note monthly ticket holders may receive prorated refunds for strike days.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Petrol diesel price rise could ripple into inflation as freight and food costs surge say experts

Petrol diesel price rise could ripple into inflation as freight and food costs surge say experts

India’s latest petrol and diesel price increase could fan out into wider retail inflation, economists warn. Analysts estimate fuel hikes may add 10–25 basis points to headline CPI, with effects starting to show in May data and strengthening in June. Transporters expect road freight charges to rise 2.5–3% as diesel, tolls, tyres, maintenance and compliance costs climb. The squeeze may worsen further as rising milk prices stack on top of fuel-driven pressure on household budgets and food delivery.

Summarised by Beize from a story on The Economic Times on 16 May 2026
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