India will restore benefits under a key scheme that reimburses exporters for embedded duties, taxes, and levies not covered by any other government refund programme in an effort to boost export competitiveness, the trade ministry said on Tuesday.

The benefits under the Remission of Duties and Taxes on Exported Products were introduced on January 1, 2021, but ended on February 5 this year.

Mumbai woke up to drizzle on Tuesday as the southwest monsoon arrived early this year, marking the second consecutive wet morning for the financial capital.

According to India Meteorological Department (IMD), rain is likely to pick up through the day, and a red alert is in place for extremely heavy rainfall at isolated spots.

India's central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two sources said.

The Reserve Bank of India (RBI) has asked the federal government to allow domestic banks and their foreign branches to lend Indian rupees to overseas borrowers to enhance the use and acceptability of the local currency in trade.

The special investigation team (SIT) probing the alleged 'Shalarth ID' scam in Maharashtra has found that more than 500 teachers were recruited without following laid down procedures, a senior official said on Sunday.

Shalarth is a centralised portal of the Maharashtra government to manage payroll and service records of employees at government and government-aided schools, including teachers.

Officials will be taken to task if waterlogging is reported from areas they are responsible for, Delhi Chief Minister Rekha Gupta warned on Monday.

She also asserted that no slums will be demolished in the city unless their residents are provided permanent houses.

The Congress government in Karnataka has decided to initiate a defamation case against the state BJP for allegedly indulging in false propaganda about its performance.

The government in an official notification issued on Sunday has cited, alleged misinformation, distortion and lies by BJP through its campaign in visual media and print media under the title -- "charge sheet about two years failure of the state government".

The Delhi High Court dismissed an appeal seeking over ₹1,300 crore in damages from SpiceJet, filed by KAL Airways and businessman Kalanithi Maran. The ruling, dated May 23, 2025, was disclosed by the budget airline in a regulatory filing on Monday.

The appeal, which had already been rejected by an Arbitral Tribunal and later by a Single-Judge Bench of the High Court, was the latest attempt by Maran and KAL Airways to claim compensation from the low-cost carrier.

Pakistan is advancing its nuclear arsenal and related capabilities to offset India’s conventional military advantage, according to a US intelligence report. The report warns that Islamabad’s efforts to modernise its battlefield nuclear weapons remain a top priority alongside counterterrorism operations and cross-border skirmishes with regional neighbours.

A massive fire broke out at a factory in Sector 2 of the DSIDC Industrial Area in Bawana on Saturday.

No casualties have been reported in the incident.

17 fire tenders were sent, and no injuries have been reported, said Fire Department while adding that building collapsed due to some blasts.

With over two years still to go, the Aam Aadmi Party (AAP) has shifted into mission mode for the 2027 Municipal Corporation of Delhi (MCD) elections, setting its sights on forming a huge majority in the civic body, a press release from Aam Aadmi Party said.

In a high-level strategy meeting held on Friday, senior AAP leader and former Deputy CM Manish Sisodia, Delhi state president Saurabh Bharadwaj, and Leader of Opposition (LoP) in the MCD House Ankush Narang, met with all party councillors to start the preparations.

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