The Information and Broadcasting Ministry has issued notices demanding Rs 16,000 crore from four private direct-to-home (DTH) companies for unpaid licence fees — a move that is likely to hurt the struggling sector, The Economic Times reported on Friday.

The notices demanded principal dues and accumulated interest from Bharti Telemedia (parent of Airtel Digital TV), Tata Play (formerly Tata Sky), Dish TV and Sun Direct.

Five migrant labourers were killed and several were injured in a blast in a firecracker manufacturing and packaging unit near a village in Punjab's Sri Muktsar Sahib district on Friday, police said.

The incident occurred in the two-storey factory unit located on Singhawali-Kotli road in Sri Muktsar Sahib.

Suzlon Energy’s net profit surged multi-fold to ₹1,180.98 crore in the fourth quarter of the financial year 2024-25, compared to ₹254.12 crore in the same period of the previous fiscal year.

Revenue from operations rose 73 per cent year on year (YoY) to ₹3,773.54 crore in Q4 FY25, up from ₹2,179.20 crore reported in the corresponding quarter last year.

Former Delhi chief minister Arvind Kejriwal, an accused in the Delhi excise policy case, moved court on Thursday seeking a no objection certificate (NOC) for the renewal of his passport.

Special Judge Dig Vinay Singh issued notice to Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) and sought their replies by June 4, the next date of hearing.

India’s domestic defence production has reached an all-time high of ₹1.46 trillion, while exports have crossed ₹24,000 crore, Defence Minister Rajnath Singh said on Thursday.

Addressing the Confederation of Indian Industry (CII) Annual Summit 2025, Singh said this transformation highlights the strength of the Make in India initiative, which has reduced dependence on imports and bolstered national security.

With recent prints of headline consumer price inflation remaining benign, there is greater confidence that it will converge to the target of 4 per cent over the 12-month horizon, the Reserve Bank of India (RBI) said in its annual report for 2024–25, released today.

While noting that the outlook for the Indian economy remains promising, the report said softer inflation and moderate growth warrant monetary policy to be growth supportive.

A federal court in the US on Wednesday (local time) blocked President Donald Trump from imposing 'sweeping' tariffs on imports citing an emergency-powers law.

A three-judge panel at the New York-based US Court of International Trade issued the ruling. The development comes after several lawsuits were filed against Trump, arguing that he has exceeded his authority, Associated Press reported

The Securities and Exchange Board of India (Sebi) on Wednesday barred former IndusInd Bank chief executive officer (CEO) Sumant Kathpalia and four other senior officials from trading in the securities market, following allegations of insider trading linked to an accounting discrepancy worth over ₹3,000 crore.

In an interim order issued on May 28, Sebi said that these individuals had traded in IndusInd Bank shares while being in possession of unpublished price sensitive information (UPSI), violating insider trading rules.

Tata Sons Chairman N Chandrasekaran will step down as chairman and director of Tata Chemicals, effective May 29, 2025. The development was disclosed in a regulatory filing by the company.

Chandrasekaran, in a letter to the board, wrote, "I am writing to formally inform you of my decision to step down from my position as a director and Chairman of the Board of Directors of Tata Chemicals Limited w.e.f. 29th May, 2025. After careful evaluation of my current and future commitments, I have decided to step down from the Board. It has been a privilege to chair the Tata Chemicals board and I sincerely appreciate the support and collaboration during my tenure."

The Dravida Munnetra Kazhagam (DMK) has announced three candidates for the upcoming Rajya Sabha elections from Tamil Nadu. One of the seats has been allocated to the Makkal Needhi Maiam (MNM), a political party led by actor-turned-politician Kamal Haasan.

The other two candidates selected by DMK are advocate P Wilson and SR Sivalingam.

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