Breaking News Updates: Maharashtra Reports 76 New Covid Cases, Death Rises To 7

Track breaking news live updates for May 29 here.

In new addition to ongoing friction within the Congress party, senior leader Shashi Tharoor has sharply rebuffed his colleagues' criticisms after he lauded the Modi government's efforts in combating terrorism.

Breaking News Live: Maharashtra Reports 76 New Covid Cases

  • Mumbai-27

  • Pune-21

  • Thane-12

  • Kalyan-8

  • Navi Mumbai-4

  • Kolhapur-1

  • Ahilyanagar -1,

  • Raigad-2

Active patients as on today - 425

Total patients since January- 597

Total number of patients in Mumbai since January - 379

(January - 1, February - 1, March - 0, April - 4, May - 373)

Till today 165 patients have recovered.

Breaking News Live: Amit Shah Arrives In Jammu

Union Home Minister Amit Shah on Thursday has arrived in Jammu on two-day visit to review security situation in Jammu and Kashmir, as per PTI report.

Breaking News Live: Defence Minister Rajnath Singh Attends Flag-In Ceremony Of INS Tarini In Goa

Defence Minister Rajnath Singh on Thursday attended the flagging-in ceremony of INS Tarini in Goa.

Singh attended the event as the Indian Navy welcomed the triumphant crew of Navika Sagar Parikrama II on the successful completion of the circumnavigation of the Globe onboard the Indian Naval Sailing Vessel Tarini. Accomplishing this rare feat in double-handed mode, Lt Cdr Roopa A and Lt Cdr Dilna K arrived on the shores of Goa.

This extraordinary sailing expedition was flagged off from Naval Ocean Sailing Node, Goa on 02 Oct 2024.

Breaking News Live: Earthquake Strikes Pakistan

An earthquake of magnitude 4.4 on the Richter scale struck Pakistan on Thursday, according to National Center of Seismology. The earthquake occurred at around 4:06 pm IST.

Earlier, an earthquake of magnitude 4.2 on the Richter scale jolted Pakistan on Tuesday.

Breaking News Live: Union Minister Jyotiraditya Scindia Addresses CII Annual Business Summit 

Union Minister for Telecommunication Jyotiraditya Scindia addresses the CII Annual Business Summit 2025, highlighting innovations and growth opportunities in India’s telecom sector.

Breaking News Live: PM Modi Holds Roadshow In Patna, Inaugurates New Airport Terminal

PM Narendra Modi holds roadshow in Patna on Thursday. Modi had earlier inaugurated Rs 1,200-crore new terminal of Patna airport.

He also laid foundation stone for new civil enclave at Bihta airport.

Breaking News Live: India Wants Good Relations With Bangladesh, Canada

MEA Spokesperson Randhir Jaiswal on Thursday said that India wants good and constructive relations with Bangladesh.

On Canada relations with India, Jaiswal said that, "Our EAM spoke to his counterpart, which was the first call between the two. PM and EAM had congratulated the new government there."

Breaking News Live: Government In Touch With Iranian Authorities Over Indians Missing In Tehran

MEA Spokesperson Randhir Jaiswal on Thursday said that Indian government is in touch with Iranian authorities over missing Indians in Tehran.

"We are receiving good cooperation from Iranian side. We are in touch with families," he said.

Breaking News Live: Terror And Talk Can't Go Hand-In-Hand With Pakistan, Says Jaiswal

India's firm stance on Pakistan remains unchanged, terror and talk cannot go hand-in-hand said MEA Spokesperson Randhir Jaiswal on Thursday.

During a weekly press briefing, Jaiswal said that as far as bilateral talks are concerned, our stand is clear and consistent. As stated earlier, terror and talks can't go together.

"As far as terror is concerned, Pak needs to handover the terrorists to India whose list was shared by India and for kashmir, pak needs to vacate the illegally occupied Kashmir. IWT will be in abeyance till they stop supporting terror. As PM had said terror and talks can't go together," he added.

Breaking News Live: PM Modi Lays Foundation Stone For City Gas Distribution Project In West Bengal

Prime Minister Narendra Modi on Thursday laid foundation stone of City Gas Distribution Project in West Bengal's Alipurduar.

"Today, as India moves towards becoming a developed nation, Bengal’s participation is both expected and essential. Bengal’s development is the foundation of India’s future," he said.

Breaking News Live: Reliance Jio Tops Subscriber Additions In April

Reliance Jio Infocomm Ltd. with 26.4 lakh subscribers and Bharti Airtel Ltd. with 1.71 lakh subscribers net added mobile subscribers in April, while Vodafone Idea Ltd. and Bharat Sanchar Nigam Ltd. continued to report net-user losses, according to data released by the Telecom Regulatory Authority of India on Thursday.

Breaking News Live: RBI Annual Report Shows Bank Frauds Surge Nearly Threefold To Rs 36,000 Crore

The Reserve Bank of India said on Thursday that the overall value of bank frauds jumped 194.4% to Rs 36,014 crore in the previous fiscal even as the bank fraud cases declined by 33.5% to 23,953 during the period, according to the RBI's annual report.

As per the annual report published by the country’s central bank, total amount involved in bank frauds rose nearly threefold in the fiscal 2024-25 even as the number of fraud cases fell sharply, as the increase was largely driven by a reclassification of several fraud cases following a 2023 Supreme Court judgement, alongside a rise in loan-related frauds.

Read full story here.

Breaking News Live: CEA Nageswaran At CII AGM

At 2025 annual general meeting of Confederation of Indian Industry, Chief Economic Advisor Nageswaran said,

  • Global model of capital intensive growth sits oddly with India's labour endowment

  • Energy transition mantra is a double whammy/self goal for capital led growth

  • Meeting India's capital needs requires steady growth of household savings and income

  • AI, robotics are threats since they come for service jobs first

  • Societies like ours, based on kinship and communities, are not easily amenable to sanctity of contracts, arm-length relationships and hence scale

News Live Update: 'Have Better Things To Do', Says Tharoor

In new addition to ongoing friction within the Congress party, senior leader Shashi Tharoor has sharply rebuffed his colleagues' criticisms after he lauded the Modi government's efforts in combating terrorism.

Tharoor dismissed the "critics and trolls," stating they are free to misinterpret his views while he focuses on more important matters.

Shortly after that senior Congress leader Pawan Khera shared a passage from Tharoor's book, where Tharoor had previously condemned the "shameless exploitation" of the 2016 surgical strikes for electoral gain.

Breaking News Live: RBI Looking Into CBDC Pilots

Reserve Bank is exploring CBDC pilots on cross-border payments both on bilateral and multilateral basis.

Pilots undertaken to overcome key challenges related to turnaround time, efficiency and transparency.

Source: RBI Annual report

Breaking News Live Update: Agenda For FY26

  • RBI to expand the reach of FX-retail platform

  • RBI to link FX-retail platform with Bharat Connect

  • A pilot facilitating purchase of USD vs Indian Rupee by sole proprietors, individuals to be implemented

News Live Update: Inflation Expected To Ease

  • Headline inflation is expected to ease and move towards the target in FY26

  • RBI to expand the scope, coverage of CBDC by introducing new use cases, features in FY26

  • New use cases to include B2B functionality in ULI

  • RBI also aims to scale up milehunter.aiTM

  • RBI aims to prepare a framework for responsible, ethical adoption of AI in FY26

    Source: RBI Annual report

News Live Update: RBI Examining Feasibility Of EBLR

Examining the feasibility of introduction of the external benchmark-based lending rate (EBLR) system of loan pricing for credit extended by NBFCs to select sectors

The central bank noted that, implementing external benchmark linked lending rate for NBFCs was found to be not feasible

Source: RBI Annual report

News Update Live: RBI's Gold Holding Inches Higher 

  • RBI gold holdings rose by 57.48 metric tonne year-on-year to 879.58 metric tonnes as of March 31, 2025

  • Reserve Bank’s holding of domestic securities increased by 14.32% to Rs 15.58 lakh crore as on March 31, 2025.

    Source: RBI Annual report

News Live Update: Financial Markets May See Volatility Says RBI

  • The Indian economy is poised to sustain its position as the fastest growing major economy

  • India’s economy supported by private consumption, healthy balance sheets of banks and corporates, easing financial conditions and continued thrust on public capex.

  • The easing of supply chain pressures, softening of global commodity prices and higher agricultural production on the back of a likely above-normal south-west monsoon augur well for inflation outlook.

  • Financial markets may exhibit sporadic episodes of volatility

Source: RBI Annual report

News Live Update: RBI's Total Income Up Nearly 23%

  • Total income rose 22.7% YoY to Rs 3.38 lakh crore

  • Total expenditure rose 7.75% YoY to Rs 69,714 crore

  • Surplus payable to government rose 27.3% YoY to Rs 2.68 lakh crore

Read more about it here

News Live: RBI FY25 Annual Report LIVE: Key Highlights 

  • RBI balance sheet expanded 8.2% YoY to Rs 76.25 lakh crore as of March 31, 2025

  • Domestic assets constituted 25.73%, while foreign currency assets, gold and others constituted 74.27% of total assets

  • On liabilities side, expansion was due to increase in notes issued, revaluation accounts, and other liabilities

Breaking News Live: PM Modi On Sikkim 

PM Modi while addressing Sikkim@50 said the state is rich in biodiversity and has set examples in nature conservation as he addressed statehood event.

In his virtual address to Sikkim, Prime Minister emphasised that India's journey towards becoming a developed nation will center on four key pillars, addressing poverty, supporting farmers, empowering women, and nurturing the youth.

News Live Update: Google Begins Direct Sales Of Pixel Devices

Google on Thursday launched direct sales of its Pixel devices through the official online Google Store in India, allowing consumers to purchase smartphones, watches, buds, and accessories directly for the first time, reported PTI.

News Live Update: PM To Visit West Bengal On May 29

Prime Minister Narendra Modi will visit West Bengal on Thursday to lay the foundation stone for a Rs 1,010-crore gas distribution project and address a rally in Alipurduar, reported PTI.

News Live Update: Defence Minister To Meet Personnel Aboard INS Vikrant

Defence Minister Rajnath Singh will be in Goa for a two-day visit on May 29 and 30, during which he will interact with Indian Navy personnel aboard INS Vikrant, NDTV reported.

News Live Update: Civil Mock Drill Postponed 

After the government decided to carry out a civil defence exercise on Thursday in states and Union Territories adjoining the western border, Haryana, Rajasthan and Punjab on Wednesday postponed the scheduled mock drill.

The Haryana government on Wednesday evening said the civil defence exercise – Operation Shield – scheduled for Thursday stood postponed following the Union Home Ministry's directions.

(Source: PTI)

News Live Update: Musk Exits DOGE, Posts On X

Elon Musk said Wednesday that his time as formal adviser to President Donald Trump is coming to a close. In a social media post on X, Musk said

"As my scheduled time as a Special Government Employee comes to an end, I would like to thank President Trump for the opportunity to reduce wasteful spending. The DOGE mission will only strengthen over time as it becomes a way of life throughout the government."

US News Live Update: Trade Court Blocks Trump's Tariffs

Major portion of US President Donald Trump's global tariffs has been declared illegal and blocked by the US Court of International Trade.

This decision, made by a panel of three judges in Manhattan, represents a major setback for Trump's economic policies.

The court sided with Democratic-led states and small businesses, who argued that Trump had improperly used an emergency law to justify the tariffs.

US stock futures jumped and the dollar strengthened after this decision.

Also Read: Trump Global Tariffs Deemed Illegal, Blocked By Trade Court

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