ONGC Partners with BP to Boost Mumbai High Oil Production

India is currently facing a slight rise in COVID-19 cases, with 1,010 active cases as of May 27, 2025. This increase is linked to two new sub-variants, NB.1.8.1 and LF.7, being monitored globally. Kerala is the hardest hit, reporting 335 new cases, while Maharashtra and Delhi follow with 153 and 99 cases, respectively. Other states, including Gujarat and Karnataka, are also seeing a rise. Despite the situation, most patients are recovering. Health officials are closely watching these new variants to ensure public safety.

Heavy rains continue to batter Mumbai, with the India Meteorological Department warning of more downpours. The city is struggling to cope after three days of relentless rain, which caused severe waterlogging and traffic chaos. Many areas, like Hindmata and Dadar, experienced knee-deep flooding, with some places receiving over 250 mm of rain in just 13 hours. The Brihanmumbai Municipal Corporation has penalized contractors for failing to operate crucial pumping stations. As state authorities assess the damage, the IMD predicts more thunderstorms and rain until June 2, highlighting the need for better flood management in the city.

Rishabh Pant faced immense pressure before his last game, with struggles in the IPL and criticism over his performance. However, he rose to the occasion, focusing on basics and demonstrating his class as a batsman. Although his team lost, Pant's return to form is crucial for India, especially with the upcoming England series. With confidence restored, he has the potential to excel as vice-captain. Despite facing online trolls, Pant must learn to ignore negativity and focus on his game, as his talent is undeniable.

The Central Board of Direct Taxes (CBDT) has extended the deadline for filing income tax returns (ITRs) for the assessment year 2025-26 to September 15, 2025. This gives salaried individuals an extra 46 days to complete their filings. The extension comes in light of significant revisions in ITR forms and the need for improved system readiness. Key changes include simplified reporting for small taxpayers and new regulations on capital gains tax. The CBDT aims to provide a smoother filing experience and enhance compliance for all taxpayers.

The Securities and Exchange Board of India (SEBI) has imposed a ban on five former senior officials of IndusInd Bank, including ex-MD&CEO Sumant Kathpalia, for insider trading. They allegedly sold shares based on unpublished price-sensitive information regarding accounting discrepancies that would negatively impact the bank’s share price. The officials reportedly avoided losses totaling ₹19.78 crore by trading while aware of these issues. SEBI's ongoing investigation may uncover more violations, with the former officials required to disclose their assets and financial details.

The Trump administration's foreign enrolment ban at Harvard University may seem distant from financial markets, but it significantly impacts them. This unpredictability has raised bond yields globally, affecting investor confidence. While the US dollar weakens, emerging markets like India benefit from increased foreign investments. Despite challenges, India's economy shows resilience, with strong growth in exports and employment. However, caution is warranted regarding high valuations in the equity markets. As global uncertainties mount, investors must tread carefully, balancing opportunities against potential risks.

India's Test squad for the England series starting June 20 has been announced, with Shubman Gill as captain and Rishabh Pant as vice-captain. Karun Nair returns to the team, while Jasprit Bumrah will miss all five Tests. The absence of cricket legends Virat Kohli and Rohit Sharma, who have retired from Test cricket, will be felt, but chief selector Ajit Agarkar sees this as a chance for younger players to shine. The team will also miss senior players like Mohammed Shami and R. Ashwin, making it a pivotal moment for India's cricketing future.

Google is unveiling exciting advancements in artificial intelligence (AI) at the I/O conference, aiming to create a universal AI assistant for everyone. CEO Sundar Pichai emphasized the rapid global adoption of AI, highlighting Project Starline and the new Gemini app, which will enhance video communications and everyday tasks. With 400 million users and new features like Gemini Live, Google is set to revolutionize how we interact with technology. This innovation promises to make tasks like planning events or researching topics easier and more efficient, showcasing the future of AI in daily life.

Bollywood mourns the loss of Mukul Dev, a talented actor known for films like Son of Sardaar and Jai Ho, who passed away at 54. He had been unwell and was recently in the ICU in Delhi. Friends and colleagues were deeply saddened by the news, with heartfelt tributes pouring in on social media. His close friend, actress Deepshikha Nagpal, shared a tribute, expressing disbelief over his death. Mukul, born into a Punjabi family, showcased remarkable versatility in his performances, leaving a lasting impact on Indian cinema. He is survived by his brother Rahul Dev.

In a humorous and satirical exchange, Shashi Tharoor meets Donald Trump and Elon Musk. Trump, with his typical bravado, boasts about his influence on global peace and tariffs, while Tharoor tries to convey serious geopolitical issues, particularly concerning Pakistan. The dialogue dances between light-hearted banter and poignant realities of international relations. Despite the awkward interruptions and comical misunderstandings, there’s an underlying message about diplomacy and cooperation, reflecting the complex dynamics between India, the U.S., and Pakistan.

Delhi has witnessed a rise in coronavirus cases, prompting health officials to ensure hospitals are prepared with essential resources like beds, oxygen, and vaccines. So far, 23 cases have been reported, with mild symptoms. The government is actively monitoring the situation, forming a team to address any challenges. Similar spikes in cases are seen across several Indian states and in countries like Singapore and Hong Kong. Notably, the JN.1 variant and its descendants are linked to the recent surge, but officials assure that most cases remain mild and manageable.

Google is rapidly integrating artificial intelligence (AI) into its services like Search, shopping, and video communications, aiming for a universal AI assistant. CEO Sundar Pichai highlighted the swift adoption of AI across the globe, transforming decades of research into practical applications. Innovations like Project Starline and the Gemini app promise to enhance user experience by offering intelligent, context-aware assistance for everyday tasks. With a focus on advanced reasoning and user interactivity, Google’s AI tools are set to revolutionize how we interact with technology.

Vaibhav Taneja, the Indian-origin CFO of Tesla, made headlines in 2024 with a staggering $139 million salary, boosted by stock options. This pay eclipses that of tech giants like Satya Nadella and Sundar Pichai. Despite Tesla's sales slump linked to CEO Elon Musk's controversial actions, Taneja's compensation reflects a significant rise in his career. With a commerce degree from Delhi University and experience at multinational firms, he is now leading Tesla's expansion into India, aiming to transform the electric vehicle market there.

Paresh Rawal's exit from Hera Pheri 3 has stirred controversy as he returned his signing amount of ₹11 lakhs plus 15% interest. With ₹15 crores locked for the film, Rawal was uneasy about a clause tying his payment to the film's release, expected in 2026 or 2027. His sudden departure shocked fans eagerly waiting for the franchise's return. Akshay Kumar, also a producer, has indicated possible legal consequences, citing incurred expenses. This unexpected turn raises questions about the future of a beloved series that has been cherished for over two decades.

India and Nepal recently conducted a joint patrol along their 1,700 km border in response to suspected terrorist activity. The Sashastra Seema Bal (SSB) from India and Nepal's Armed Police Force (APF) collaborated in a search operation in dense forests. SSB commandant Ganga Singh highlighted the strong cooperation between the two nations, with regular intelligence sharing to identify threats. Amid rising tensions with Pakistan, Nepal reiterated its commitment to combat terrorism, ensuring its territory isn't used for hostile activities. This partnership underscores the importance of regional security and collaboration against common threats.

Iranian director Jafar Panahi won the prestigious Palme d'Or at the Cannes Film Festival for his film "It Was Just an Accident," inspired by his prison experience. The film combines humor and anger, following five characters uncertain if they can identify their torturer. The festival faced a power outage, but the show went on. Other noteworthy awards included the Grand Prix for Joachim Trier's "Sentimental Value" and best actress for Nadia Melliti in "Little Sister." The event was marked by a majority-female jury, including Indian filmmaker Payal Kapadia.

Bagless vacuum cleaners are revolutionizing home cleaning in India, offering a hassle-free solution for allergy sufferers and busy households. Brands like Philips, Eureka Forbes, and Dyson provide powerful suction without the worry of messy dust bags. Their transparent dust bins make it easy to see when they need emptying, ensuring a hygienic clean. With features like HEPA filters, these vacuums trap fine dust and allergens, making them ideal for homes with pets. Lightweight and easy to maneuver, bagless vacuums simplify your cleaning routine, allowing you to achieve spotless floors in less time.

A tragic plane crash in San Diego claimed the lives of six people, including notable music executive Dave Shapiro. Known for his role in promoting alternative music, Shapiro co-founded Sound Talent Group, representing popular bands. The crash occurred in heavy fog, with issues related to runway lights and a malfunctioning weather alert system contributing to the accident. Although Shapiro and his colleagues perished, no one on the ground was seriously injured. The incident highlights the risks pilots face, especially in poor visibility conditions, and leaves a profound impact on the music community.