NEWS DIGEST to start the DAY - May 30 2026 Saturday updated at 0830HRS IST; 5 Mins read
_India’s love affair with gold takes a pause as higher duties bite; Iran military tech pipeline faces US heat; US 'more than capable' of restarting war; Trump’s red lines keep Iran peace deal in a limbo; Iran rejects Trump’s claims of imminent deal; Trump fights bid to repay ‘illegal’ tariffs_
*IndiGo is ready to pass the fuel bill directly to you; Iran war: Public sector banks asked to stay prepared; Strait of Hormuz ship transits are rising thanks to help from US; Banks' RoA to slip up to 0.15% in FY27 on lower treasury income, ECL provisions*
_India asks state fuel retailers to build LPG storage for 30 days' demand; CNG Gets Costlier In Mumbai By Rs 2; India's Forex Reserves Drop By $7.5BN To 681.38BN; IMF, World Bank, Others Warn Middle East War Is Straining Energy Supplies_
*Pune Hooch: 16 people died after consuming spurious liquor in last 3 days; Methanol-laced liquor, illegal supply network; Police probe illegal liquor dens; bootlegger booked for supplying illicit liquor; 3 police from Hadapsar Station suspended*
_NEET: NTA informs SC that 2027 exam to be conducted in computer-based test mode; CBI, govt officials apprise Parl panel of steps taken to prevent leakage in June 21 retest; CBI chief vows logical end to probe; SC - paper leak traumatised entire families; points to ‘ad-hocism’ in NTA_
*Power storage VGF of Rs 15,000Cr in works; Molecule glue drugs shake up cancer care, draw big money; Offshore betting ads growing despite ban on online money games; Asian Paints net profit jumps nearly 70%, weighs 'calibrated' price hikes*
_China's SAIC to sell another 10% stake in Indian car venture to local partner JSW; Stellantis plays down European scope for JLR, Tata partnerships; IndiGo approves $450MN plan to acquire aircraft, engines; US drug regulator flags data integrity, maintenance lapses at Dabur India plant_
*India Inc deepens AI adoption to stay ahead of legal curve; SC seeks police and CBI response on Lilavati Trust's plea against HDFC chief; GST dept issues tax demand of 124Cr to Spicejet, slaps showcause notice for delay in return filing*
_Tax sops and incentives may soon be given to complete the missing link in India’s EV ambitions; Bank frauds rise 46%; Intel chips in for India's $3.3BN power move; SAIC shifts 10% more of its Indian drive to JSW; Delhi HC upholds TRAI’s 12-minute ad cap_
*India’s data centre capacity to cross 3 GW by 2028 on AI, hyperscaler demand; COWRKS leases 290,000 sq ft in Chennai across 6 centres; Listed real estate developers move beyond home cities to tap growth; Godrej, JSW, Lodha, Sattva family offices invest in SILA*
_Satellite Pics Show China Is Building Launch Pads, Bunkers Near Nuclear Missile Silos; Bus Rams 6 Cars On Virginia Highway, 5 Killed, 34 Injured; "Get Ready," Russia Tells Romania To Brace For More Drone Incidents; Anthropic Nears $1 Trillion Valuation, Surpasses Rival OpenAI_
*Trump Offers Free Tickets To Troops For White House UFC Event, But With A Condition; US court says Trump's Name Must Be Removed From Kennedy Center; US Judge Blocks Trump's $1.8BN Anti-Weaponisation Fund; Japan Airlines Bans Crew From Drinking During Layovers*
_3 Chinese Astronauts Return To Earth After Spending 7 Months In Space; Craft carrying Zhang Lu, Wu Fei and Zhang Hongzhang of the Shenzhou 21 crew touched down at the Dongfeng landing site; return came as China prepares for its first lunar landing by 2030_
*Canadian Man Plants Over 47,000 Mangrove Trees In 24 Hours, Sets World Record; Antoine achieved this record in the coastal city of Mombasa, Kenya, where he planted thousands of mangrove trees within 24 hours*
Today's Word – *Upbraid* - Scold severely #news #news

