🏦 Economy / Policy
• India launched a new GDP series with 2022–23 as the base year, using 600 item-level data and adopting double deflation for sharper, more accurate growth estimates 📊
• SEBI has allowed equity mutual fund schemes to invest in gold and silver, expanding portfolio flexibility and diversification avenues 🏦💹
• CDSCO has eased drug testing approvals with a new fast-track system effective June 1, 2026, aimed at speeding up pharmaceutical clearances 💊📈
• Digital platforms must share revenue fairly with news publishers and content creators, said Minister Ashwini Vaishnaw, signalling potential regulatory intervention 📱⚖️
🏢 Companies / Sectors
• Nasscom projects India’s tech sector to grow 6.1% in FY26, crossing $300 billion, driven by AI-led services expansion 💻📈
🌍 Global / World
• India and Israel signed 16 agreements across AI, defence and mobility, deepening tech cooperation and permitting 50,000 more Indian workers over five years 🤝🌍
• Middle East tensions escalated after Iran–US nuclear talks failed to reach agreement, raising geopolitical and oil price risks 🛢️⚠️