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India responds after China admits it helped Pakistan during Operation Sindoor
short by Daisy Mowke / on Tuesday, 12 May, 2026
India has responded to reports of China backing Pakistan during Operation Sindoor. "It's for nations who consider themselves responsible to reflect whether supporting attempts to protect terrorist infrastructure affects their reputation and standing," MEA spokesperson Randhir Jaiswal said. This comes after a Chinese official admitted Beijing provided on-site technical support to Pakistan.
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Retail inflation rises to 4-month high of 3.48% in April
short by Ashley Paul / on Tuesday, 12 May, 2026
India's retail inflation rose to a four-month high of 3.48% in April from 3.40% in March. According to government data, food inflation also rose from 3.87% in March to 4.20% in April as the ongoing West Asia war continued disrupting the supply of oil and other petrochemical products. Personal care products saw 17.66% inflation, while tobacco products saw 4.76% inflation.
read more at PIB
Over ₹10,00,000 crore investor wealth wiped out as Sensex sinks 1,500 points
short by Medhaa Gupta / on Tuesday, 12 May, 2026
Sensex sank over 1,500 points to below 74,500 levels on Tuesday, wiping out over ₹10,00,000 crore of investor wealth. Meanwhile, Nifty also sank nearly 2% to hit a low of 23,348.40. "The austerity call by [PM Narendra Modi] impacted the stock prices of sectors that are expected to be negatively affected by reduced consumption," a market expert said.
read more at BSE
NEET UG 2026 cancelled over paper leak allegations
short by Ashley Paul / on Tuesday, 12 May, 2026
The National Testing Agency has cancelled the NEET UG 2026 examination conducted on May 3 over paper leak allegations. The agency said the exam will be conducted again, dates and admit cards will be issued separately, and registration data from the scrapped exam will be reused. It also announced that the Centre has asked CBI to probe paper leak allegations.
AIADMK faction extends support to TN CM Vijay, says 'Alliance with DMK against principles'
short by Ashley Paul / on Tuesday, 12 May, 2026
The C Ve Shanmugam-led faction of AIADMK has extended support to Tamil Nadu CM Joseph Vijay, signalling a potential split in the party. Shanmugam said this was done after proposals were made for AIADMK to form government with DMK, which goes against the party's founding principles. "AIADMK was founded to uproot DMK...Mandate is for Vijay to become CM," Shanmugam added.
read more at Moneycontrol
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