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Stories from earlier this week and beyond.

Delivery Hero CEO Niklas Oestberg to step down after major shareholder strategic review push

Delivery Hero CEO Niklas Oestberg to step down after major shareholder strategic review push

Delivery Hero’s CEO Niklas Oestberg will step down by March 2027 as major shareholders pressed the company to launch a strategic review. Delivery Hero is now searching for a successor and aims to finish the process by the end of 2026. Oestberg will remain in charge of the review and M&A efforts until a replacement is found.

Summarised by Beize from a story on The Economic Times on 12 May 2026
NSE secures 2.7 acre BKC land on an 80 year lease for 1684 crore

NSE secures 2.7 acre BKC land on an 80 year lease for 1684 crore

The National Stock Exchange of India (NSE) has entered an 80-year lease agreement for a prime 2.7-acre plot in Mumbai’s Bandra-Kurla Complex. The deal comes with a substantial lease premium of Rs 1,684 crore, underlining NSE’s long-term push to secure high-value real estate in the city’s financial hub.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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Vodafone Idea board to consider equity fundraising as AGR relief lifts investor sentiment

Vodafone Idea board to consider equity fundraising as AGR relief lifts investor sentiment

Vodafone Idea’s board is set to weigh a fresh fundraising plan through equity shares and warrants, driven by improving sentiment after AGR dues relief and clearer regulatory signals. The telecom stock has surged on expectations of better liquidity, leadership changes, and stake-related developments. Brokerages are turning more upbeat, pointing to improved visibility for funding and network expansion.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Canvas maker Instructure reaches deal with hackers after two breaches

Canvas maker Instructure reaches deal with hackers after two breaches

Instructure, the company behind Canvas school software, says it has reached an agreement with hackers who breached its systems twice. The company did not provide assurances that the attackers will not release stolen data or honor any promises made. With the incident still clouded, schools and users may be left waiting for clearer outcomes.

Summarised by Beize from a story on TechCrunch on 12 May 2026
Mexico City roadwork in 1978 uncovered an Aztec goddess monument beneath centuries of streets

Mexico City roadwork in 1978 uncovered an Aztec goddess monument beneath centuries of streets

In 1978, routine roadwork in Mexico City unearthed a colossal stone carving of the Aztec goddess Coyolxauhqui. The discovery became a turning point, triggering extensive excavations at the Templo Mayor, the ceremonial center of Tenochtitlan. Findings suggested that large parts of the sacred district still survived beneath the modern city, reshaping understanding of Aztec history and urban life.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Scientists pinpoint Stonehenge’s 25 ton stones source in Wiltshire West Woods and settle a long debate

Scientists pinpoint Stonehenge’s 25 ton stones source in Wiltshire West Woods and settle a long debate

New research traces most of Stonehenge’s massive sarsen stones to West Woods in Wiltshire, Britain. The finding suggests Neolithic people deliberately transported these 25 ton blocks across long distances, contradicting ideas that natural glacial movement shifted them. Researchers say the work points to extraordinary planning and coordination by prehistoric communities to build the iconic monument.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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Four month old cheetah cubs found dead in Kuno park after suspected predation

Four month old cheetah cubs found dead in Kuno park after suspected predation

Four cheetah cubs born a month ago were found dead inside Madhya Pradesh’s Kuno National Park. Officials said the carcasses were partially eaten and the cubs were last seen alive on May 11. Predation by another animal is suspected, while the mother cheetah is reported safe. The deaths bring India’s cheetah population down to 53.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Magnus Steel approved for Tata Motors plants in Gujarat and Maharashtra with Rs 32 50 crore order

Magnus Steel approved for Tata Motors plants in Gujarat and Maharashtra with Rs 32 50 crore order

Magnus Steel and Infra has been listed among approved steel suppliers for Tata Motors’ upcoming manufacturing facilities in Gujarat and Maharashtra. The company has started supplying materials via RIECO Industries Ltd, signaling early traction ahead of larger follow-on orders. Total engagement is estimated at about Rs 32.50 crore, with additional supply orders expected as projects ramp up.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Delhi makes 100 GSM green nets mandatory at construction sites to curb dust and pollution

Delhi makes 100 GSM green nets mandatory at construction sites to curb dust and pollution

Delhi has tightened rules for dust control by mandating that all construction and demolition sites use green nets with a minimum thickness of 100 GSM. The Delhi Pollution Control Committee took action after findings that many existing nets were too thin to effectively block dust. The new standard aims to reduce citywide air pollution caused by construction activity.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Naredco pushes Delhi TOD overhaul seeking smaller homes and looser price rules

Naredco pushes Delhi TOD overhaul seeking smaller homes and looser price rules

NAREDCO has proposed changes to Delhi’s Transit-Oriented Development policy, urging the government to reduce apartment size and ease price regulations. The industry body argues the shift could unlock faster growth in both residential and commercial development around transit hubs, potentially reshaping how Delhi builds near key infrastructure. The proposal signals a push for more market-driven housing expansion under TOD.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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India 10 year bond yield jumps on oil fears and escalating Iran war jitters

India 10 year bond yield jumps on oil fears and escalating Iran war jitters

India’s 10-year bond yield has risen to a five-week high as oil worries intensify amid Iran conflict uncertainty. Prospects of a ceasefire eased after Donald Trump suggested talks were on “life support.” Meanwhile, Iran’s military reportedly expanded the operational scope around the Strait of Hormuz, raising concerns over supply routes and supporting bond yield volatility.

Summarised by Beize from a story on The Economic Times on 12 May 2026
LiDAR reveals a hidden city grid under tropical forests changing archaeology forever

LiDAR reveals a hidden city grid under tropical forests changing archaeology forever

Airborne LiDAR laser scans are uncovering concealed urban layouts beneath dense tropical forests, revealing roads, platforms, and settlements that had escaped detection. By penetrating foliage without disturbing the environment, the mapping technique speeds surveys across large regions. Researchers say it suggests ancient tropical civilizations were bigger and more connected than previously believed, and it is now pointing archaeologists to new sites.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Tamil Nadu shuts 717 liquor shops near schools and temples in sweeping welfare drive

Tamil Nadu shuts 717 liquor shops near schools and temples in sweeping welfare drive

Tamil Nadu’s Vijay-led government has begun closing 717 state-run liquor stores as part of a public welfare initiative. Officials say many outlets are located near places of worship, schools, and major bus terminals, and the closures must be completed within two weeks. The move is expected to reshape a large share of the state’s alcohol retail landscape.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Indira Gandhi gold ban claim is fake but her government tightened controls in the late 1960s

Indira Gandhi gold ban claim is fake but her government tightened controls in the late 1960s

A viral post claims Indira Gandhi urged people not to buy gold in 1967, but The Hindu says the image is digitally altered. The truth is less dramatic: her government did impose strict gold controls that capped holdings and reduced jewellery production, leading up to the Gold Control Act enacted in 1968.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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Viral video shows Kempty Falls choked by shops and concrete leaving Mussoorie tourists heartbroken

Viral video shows Kempty Falls choked by shops and concrete leaving Mussoorie tourists heartbroken

A viral video of Kempty Falls near Mussoorie has sparked outrage, showing the popular Uttarakhand spot surrounded by dense construction, shops and dhabas. Users blame unchecked commercialisation, overcrowding and inadequate infrastructure, reigniting debate over overtourism and environmental damage in India’s hill stations. The clip has pushed calls for stricter controls to protect fragile landscapes.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Giant dinosaur found in Brazil after 120 million years reshapes map of ancient continents

Giant dinosaur found in Brazil after 120 million years reshapes map of ancient continents

Construction workers in Davinopolis, Brazil uncovered fossilized bones of a giant dinosaur named Dasosaurus tocantinensis, dating to about 120 million years ago. Roughly 65 feet long, it has a closest relative found in Spain. Scientists say the connection hints at ancient land bridges linking continents, and the fossil may also reveal how these massive animals grew.

Summarised by Beize from a story on The Economic Times on 12 May 2026
CBI Registers FIR Over Alleged NEET UG 2026 Paper Leak After Exam Cancellation

CBI Registers FIR Over Alleged NEET UG 2026 Paper Leak After Exam Cancellation

The CBI has registered an FIR into alleged paper leak and malpractice related to NEET UG 2026, held on May 3. After complaints emerged, the National Testing Agency cancelled the exam and the government ordered a comprehensive inquiry. NTA confirmed the cancellation and said a re-examination will be held later, as investigations get underway.

Summarised by Beize from a story on The Economic Times on 12 May 2026
AIADMK erupts after TVK surge as MLAs back Vijay and leadership turns guns on rebels

AIADMK erupts after TVK surge as MLAs back Vijay and leadership turns guns on rebels

Tamil Nadu politics is roiled after Vijay’s TVK surge exposed fresh fractures within the AIADMK. Reports point to AIADMK MLAs distancing themselves in the Assembly and openly backing Vijay’s government, while party leadership launches sharp attacks on rebel figures. The shift suggests a fast-moving realignment that could reshape the state’s power equation in the weeks ahead.

Summarised by Beize from a story on Republic on 12 May 2026

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Scientists uncover how mosquitoes track your heat and zero in on humans faster

Scientists uncover how mosquitoes track your heat and zero in on humans faster

New research reveals that mosquitoes can detect human body heat using infrared signals, a “hidden sense” researchers previously struggled to explain. When this thermal detection is paired with CO2 and body odors, mosquitoes become dramatically better at finding hosts. The findings could reshape mosquito control as disease-carrying species expand into new regions, strengthening public health defenses.

Summarised by Beize from a story on The Economic Times on 12 May 2026
West Bengal rejects Flipkart GST exemption for delivery charges calling it legal fiction

West Bengal rejects Flipkart GST exemption for delivery charges calling it legal fiction

Flipkart’s attempt to avoid GST on delivery charges by positioning itself as a Goods Transport Agency has been rejected by the West Bengal Appellate Authority. The panel ruled that Flipkart’s structure was a “legal fiction” rather than a genuine GTA service, citing its highly organized logistics setup, which the authority said did not qualify for the proposed GST treatment.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Modi’s gold purchase postponement warning leaves investors wondering whether to hold or switch now

Modi’s gold purchase postponement warning leaves investors wondering whether to hold or switch now

Prime Minister Narendra Modi asked people to postpone gold purchases to help curb India’s import bill amid West Asia tensions. The gold industry worries about demand shocks and job losses. Experts broadly advise existing investors to hold, while new buyers consider digital gold. They also point to domestic gold recycling and potential tax-law changes to reduce import pressure without harming livelihoods.

Summarised by Beize from a story on The Economic Times on 12 May 2026
HBSE Class 12 Result 2026 Out May 12 Check Online with DigiLocker SMS Options

HBSE Class 12 Result 2026 Out May 12 Check Online with DigiLocker SMS Options

HBSE Haryana Board declared the Class 12 results on May 12, 2026 at bseh.org.in. About 3 lakh students can view their provisional marksheets online, including student details, subject-wise scores, and pass or fail status. The announcement also offers alternative access through DigiLocker and SMS, making it easier to check the result quickly.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Moon phases and sleep linked How studies explain the restless night

Moon phases and sleep linked How studies explain the restless night

Across cultures, full moons are long blamed for restless sleep and strange behavior. While science remains mixed, research published by Harvard Medical School and in Science Advances suggests moon phases may slightly affect sleep—people reportedly fell asleep later and slept less during certain phases. Still, effects appear small and may be influenced by other factors.

Summarised by Beize from a story on Republic on 12 May 2026
100 days on police scale back search for Nancy Guthrie as experts say it turns to recovery

100 days on police scale back search for Nancy Guthrie as experts say it turns to recovery

After 100 days, police have scaled back the search for 84-year-old Nancy Guthrie, prompting experts to say the investigation has shifted from a rescue effort to a recovery operation. The family had raised concerns about her health. Authorities say the case remains active and ongoing, with continued coordination with the FBI.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Laura Wolvaardt named South Africa captain as Women’s T20 World Cup 2026 squad is revealed

Laura Wolvaardt named South Africa captain as Women’s T20 World Cup 2026 squad is revealed

Cricket South Africa has unveiled its 15-member squad for the ICC Women’s T20 World Cup 2026 in England and Wales starting June 12. Laura Wolvaardt will lead the Proteas as captain, while the squad also includes the return of fast bowler Shabnim Ismail, adding fresh firepower for the campaign.

Summarised by Beize from a story on Republic on 12 May 2026
Meta ordered to pay Italian publishers for news snippets in EU court landmark setback

Meta ordered to pay Italian publishers for news snippets in EU court landmark setback

Meta Platforms has lost a major legal fight in Europe after the EU’s highest court ruled that it must compensate Italian publishers for using snippets from news articles. The decision strengthens the stance of Italian regulators and gives publishers a clearer path to recover investments, setting a significant precedent for how platforms handle news content across the EU.

Summarised by Beize from a story on The Economic Times on 12 May 2026
MP High Court judge cycles nearly 3 km after Modi fuel saving appeal goes viral

MP High Court judge cycles nearly 3 km after Modi fuel saving appeal goes viral

In Jabalpur, Madhya Pradesh High Court judge Justice Dwarka Dhish Bansal reportedly cycled nearly 3 km to court after PM Narendra Modi’s appeal to conserve fuel amid the global energy crisis. A video of the ride has gone viral, turning the gesture into a widely shared reminder that practical steps can support larger efforts to cut costs and emissions.

Summarised by Beize from a story on Republic on 12 May 2026
Kumari Selja slams Modi govt for urging sacrifices while students face NEET-UG fallout

Kumari Selja slams Modi govt for urging sacrifices while students face NEET-UG fallout

Congress leader Kumari Selja attacked the Modi government over worsening economic conditions, alleging it is asking citizens to make unnecessary sacrifices rather than offering real solutions. She also condemned the recent NEET-UG paper leak, saying it could derail students’ futures and intensify uncertainty during a critical phase of their education.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Vijay Meets AIADMK Rebels Ahead of Floor Test Turning the Numbers Game to 150

Vijay Meets AIADMK Rebels Ahead of Floor Test Turning the Numbers Game to 150

In Tamil Nadu, Chief Minister Vijay is set for a crucial floor test just days after taking oath, as he moves to lock in political backing. He met AIADMK leader C. Ve. Shanmugam, along with rebel AIADMK faces SP Velumani and Shanmugam, as sources claim TVK has 30 MLAs supporting it. With backing reaching 150, the balance may hinge on this outreach.

Summarised by Beize from a story on Republic on 12 May 2026
Amazon Now brings 30 minute deliveries to more cities for a small extra fee

Amazon Now brings 30 minute deliveries to more cities for a small extra fee

Amazon is rolling out a faster delivery option dubbed Amazon Now, promising orders arrive in 30 minutes or less for an extra charge. The service is expanding across urban areas in multiple countries as Amazon builds small order-processing hubs designed to handle urgent requests. The move pushes delivery speed into a new premium tier for city shoppers.

Summarised by Beize from a story on The Economic Times on 12 May 2026
David Miller Masterclass Lifts Delhi Capitals as Touch and Power Slice PBKS

David Miller Masterclass Lifts Delhi Capitals as Touch and Power Slice PBKS

David Miller’s standout performance for Delhi Capitals against Punjab Kings has drawn praise from ex-India coach Sanjay Bangar. Bangar pointed to Miller’s rare all-angles control: sharp legside touch paired with fearless offside aggression, including through the covers. The impact of that complete batting display helped DC stay alive in the IPL 2026 playoffs race, keeping their hopes flickering.

Summarised by Beize from a story on Republic on 12 May 2026
India shifts annual GDP release to June 7 as NSO tightens national accounts

India shifts annual GDP release to June 7 as NSO tightens national accounts

India’s National Statistics Office has revised the annual GDP release calendar, moving it from the last working day of May to June 7 each year. The change takes effect from FY26 data, with the first revised release scheduled for June 5, 2026 due to a weekend holiday. NSO says the update will improve the quality and robustness of national accounts.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Kerala Congress leaders clash over CM pick as Delhi meeting fails to end deadlock

Kerala Congress leaders clash over CM pick as Delhi meeting fails to end deadlock

Congress’s commanding win in Kerala’s Assembly election has been overshadowed by a leadership deadlock. Even after the UDF secured a clear mandate, naming the next Chief Minister has stalled as competing factions push for different contenders, with a Delhi meeting failing to bridge the divide between senior leadership and local claimants.

Summarised by Beize from a story on Republic on 12 May 2026
Liquor ban debate rages in Kashmir as drug menace quietly destroys youth futures

Liquor ban debate rages in Kashmir as drug menace quietly destroys youth futures

Jammu and Kashmir’s fight over licensed alcohol sales has turned into a political flashpoint, with Omar Abdullah defending regulated shops while opponents demand stricter limits. But alongside the louder liquor debate, a more severe crisis is worsening: rising drug addiction tied to narcotics trade, crime, and families struggling to protect the valley’s youth.

Summarised by Beize from a story on Republic on 12 May 2026
NEET 2026 cancelled after leak claims and guess paper overlap sparks CBI probe across states

NEET 2026 cancelled after leak claims and guess paper overlap sparks CBI probe across states

NEET-UG 2026 has been cancelled after investigators alleged large-scale circulation of a “guess paper” that reportedly overlapped significantly with the actual exam held on May 3. Based on inputs from several states—especially Rajasthan and Uttarakhand—and police findings, NTA ordered a re-test. The Centre then transferred the matter to the CBI for a deeper probe.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Kremlin insists Ukraine war is near over but Zelenskiy doubts peace is coming

Kremlin insists Ukraine war is near over but Zelenskiy doubts peace is coming

The Kremlin says Vladimir Putin still believes the war in Ukraine is almost over, even as President Volodymyr Zelenskiy casts doubt on Moscow’s willingness to end the fighting. The Kremlin spokesman pointed to supposed “trilateral work” involving Ukraine and the US as groundwork for a peace deal, implying negotiations may be reaching a conclusion.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Nokia shuts down Acer and Asus London patent lawsuits over video coding technology

Nokia shuts down Acer and Asus London patent lawsuits over video coding technology

Nokia has won a UK appeal in London, blocking patent lawsuits filed by Acer and Asus. The dispute targets video coding technology and prevents the London cases from moving forward. The decision feeds into a wider global struggle over patent licensing, with Nokia pursuing related actions in other countries as well. Acer and Asus have yet to comment.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Delhi minister rides metro and e rickshaw after Modi push to cut fuel driven travel

Delhi minister rides metro and e rickshaw after Modi push to cut fuel driven travel

Delhi Education Minister Ashish Sood made a public show of eco-friendly commuting by taking the Delhi Metro followed by an e-rickshaw. The surprise trip follows Prime Minister Narendra Modi’s appeal for citizens to reduce fuel use and rely more on public transport. Sood used the route to reach an education engagement with a school in east Delhi.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Bodo Moller Chemie opens Bengaluru aerospace warehouse to fuel India civilian and defence supply

Bodo Moller Chemie opens Bengaluru aerospace warehouse to fuel India civilian and defence supply

Bodo Moller Chemie has launched an aerospace warehouse facility in Bengaluru, aimed at supplying advanced materials to aviation and industrial manufacturers. The centre supports civilian and military production as well as repair and maintenance operations. With India’s aerospace and electronics sectors expanding, the company expects strong growth ahead and deeper local supply capabilities.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Maruti Suzuki picks six startups to co-create tech that could speed product and safety upgrades

Maruti Suzuki picks six startups to co-create tech that could speed product and safety upgrades

Maruti Suzuki India has selected six startups for its accelerator program to build new technology-driven business solutions for automotive operations. The partnership targets smarter plant safety and higher efficiency, with an expectation that product development cycles will shrink. It also aims to strengthen material traceability and improve customer engagement, helping the company modernize operations and prepare for what’s next.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Maharashtra Onion Farmer Sells 25 Sacks for Re 1 as Crisis Deepens

Maharashtra Onion Farmer Sells 25 Sacks for Re 1 as Crisis Deepens

A farmer from Paithan, Maharashtra, sold 25 sacks of onions and received only Re 1, a stark snapshot of the agrarian crisis. Oversupply and weak prices, along with quality concerns, are squeezing incomes and worsening debt. Traders blame the market imbalance, while experts urge policy changes to better manage demand, supply, and farmer livelihoods.

Summarised by Beize from a story on The Economic Times on 12 May 2026
AI turns connected cars into pothole detectors that track damage in real time

AI turns connected cars into pothole detectors that track damage in real time

Fleet management firm Samsara says its AI model can spot different pothole types from connected-car data and estimate how quickly they’re worsening. Instead of relying on manual inspections, the system could continuously map road damage using everyday driving, giving operators and agencies fresher, more actionable information about where repairs are needed most.

Summarised by Beize from a story on TechCrunch on 12 May 2026
Supreme Court to decide if TVK MLA can vote in Tamil Nadu floor test

Supreme Court to decide if TVK MLA can vote in Tamil Nadu floor test

The Supreme Court will hear a plea by TVK MLA challenging a Madras High Court order that barred him from taking part in the Tamil Nadu Assembly floor test. The dispute follows a tightly contested election and allegations of irregularities, with the outcome potentially affecting the ruling alliance’s majority and the government’s next step.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Adani Ports to spend Rs 13000 crore by FY31 to expand Europe subsea operations fast

Adani Ports to spend Rs 13000 crore by FY31 to expand Europe subsea operations fast

Adani Ports is pushing into Europe’s subsea and offshore services through its platform Astro Offshore. The company has partnered with Oceaneering International to target specialized marine engineering work. Adani Ports plans heavy capital spending to build a large global marine fleet, aiming to turn the expansion into a major integrated marine services platform by FY31.

Summarised by Beize from a story on The Economic Times on 12 May 2026
BJP convoys in Madhya Pradesh spark outrage after Modi urged fuel savings

BJP convoys in Madhya Pradesh spark outrage after Modi urged fuel savings

Congress in Madhya Pradesh has accused BJP leaders of hypocrisy after they arrived in large, viral convoys following appointments to state corporations. The criticism targets the contrast with Prime Minister Narendra Modi’s public appeal to reduce fuel consumption. Opposition claims the leaders ignored austerity messaging, while the convoy footage has amplified the political heat.

Summarised by Beize from a story on The Economic Times on 12 May 2026
ICAI urges members to cut foreign travel and save forex with domestic alternatives

ICAI urges members to cut foreign travel and save forex with domestic alternatives

The Institute of Chartered Accountants of India plans to issue an advisory encouraging members and officers to save foreign exchange. The steps include curbing foreign travel and shifting to domestic alternatives, with guidance extending to chartered accountants’ families. The move follows the Prime Minister’s call amid heightened tensions in West Asia and aims to reduce forex outflows.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Delhi stabbings rise with online push button knives evading filters through fake utility listings

Delhi stabbings rise with online push button knives evading filters through fake utility listings

Delhi police say stabbing incidents are increasingly linked to push button knives bought online, despite legal bans. Authorities report these weapons still appear on e-commerce platforms using altered names to slip past moderation. The knives are chosen for their concealability and instant activation, and officials warn that calling them “utility” items makes enforcement harder even during crackdowns.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Sensex plunges 3400 points in 4 days as crude and rupee spark fear of more losses

Sensex plunges 3400 points in 4 days as crude and rupee spark fear of more losses

Indian equity markets slid for a fourth consecutive session, with the Sensex and broader indices hit by rising crude oil prices, geopolitical tensions, foreign investor selling, and a rupee at record lows. The sharp losses dragged benchmark, midcap, and smallcap stocks. Analysts say volatility could continue unless global tensions ease and inflation concerns stabilise.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Mines ministry starts second e auction for 12 limestone blocks in Jammu and Kashmir

Mines ministry starts second e auction for 12 limestone blocks in Jammu and Kashmir

The Union Ministry of Mines has launched the second phase of e-auctions for 12 limestone blocks across Jammu and Kashmir, covering Anantnag, Rajouri, and Poonch. The move is designed to accelerate mineral development and support local economic growth. Tender document sales will begin on May 18, followed by a pre-bid conference on June 5.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Puri dismisses lockdown fears after Modi urges fuel conservation amid West Asia crisis

Puri dismisses lockdown fears after Modi urges fuel conservation amid West Asia crisis

Union Minister Hardeep Singh Puri played down concerns that Modi’s fuel conservation push could lead to lockdown-style restrictions. He said India’s energy picture remains stable, citing rising domestic LPG production and large existing oil and LPG reserves. The reassurance comes as West Asia tensions spur tighter attention on fuel usage and supply reliability.

Summarised by Beize from a story on The Economic Times on 12 May 2026
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