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News Highlights provides you with the best compilation of the Daily News Highlights taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies
1.
Doubling down on his pressure on India to stop importing oil from Russia, U.S. President Donald Trump has 'greenlit' legislation that will empower him to levy up to 500% in tariffs on countries that buy oil or uranium from Russia, according to senior Senator Lindsey Graham.
2.
A day after the Union government estimated the economy to grow at 7.4% in financial year 2025-26, the United Nations Department of Economic and Social Affairs (UN DESA) said consumption and public investment can "largely offset" the impact of tariffs imposed by the U.S. and enable India to grow by 7.2% this fiscal.
3.
Prime Minister Narendra Modi is expected to launch a nationwide cashless treatment scheme for road accident victims, offering coverage of up to 1.5 lakh and a cash award for Good Samaritans who rush victims to hospitals.
4.
The central government shares its gross tax revenues with States based on the recommendations of successive Finance Commissions (FCs), which determine both the overall share to States and the formula for tax devolution. The Centre also transfers resources through grants-in aid and centrally sponsored schemes (CSS).
5.
The new guidelines to compound minor drug violations that the Central Drugs Standard Control Organization (CDSCO) has released, operationalise a legal change in the works since 2023. Until recently, many instances of relatively minor or technical non-compliance under the Drugs and Cosmetics Act, 1940, invoked criminal prosecution.
6.
The record of the Indian Space Research Organisation (ISRO) over the last decade has been remarkably broad for an agency of its size and budget. Its rockets, especially the Polar Satellite Launch Vehicle (PSLV), have sustained reliable access to orbit, rendering operations with multiple satellite classes almost a matter of routine today. And ISRO is attempting even more technically demanding missions. The soft landing of the Chandrayaan-3 lander on the moon on August 23, 2023, placed India in a coterie of countries with demonstrated lunar-landing capability.
7.
The Supreme Court on orally asked Thursday whether the notice of motion for the removal of Justice Yashwant Varma could be placed before the new Rajya Sabha Chairman, Vice-President C.P. Radhakrishnan.
8.
The Union Agriculture Ministry has invited public comments on the draft Pesticides Management Bill that aims to repeal the Insecticides Act of 1968. According to the draft, the new Bill will regulate manufacture, import, packaging, labelling, storage, advertisement, sale, transport, distribution, use and disposal of pesticides to "ensure availability of safe and effective pesticides".
9.
The passing of ecologist Madhav Gadgil on Wednesday has left a void in the Nilgiris, where he had done phenomenal work. He established the Centre for Ecological Science in the Indian institute of Sciences, Bangalore. And as Director of the Centre for Ecological Sciences, he authored the Nilgiris Biosphere Reserve concept document, the first Biosphere Reserve, under the Man and Biosphere Reserve (MAB) Program of UNESCO, in India.
10.
The finance ministry plans to scrap five-year-old restrictions on Chinese firms bidding for government contracts, two government sources said, as New Delhi seeks to revive commercial ties in an environment of reduced border tensions. The curbs, imposed in 2020 after a deadly clash between the countries' troops, required Chinese bidders to register with an Indian government committee and obtain political and security clearances.
11.
India will continue to work with the International Solar Alliance (ISA) and support solar adoption and energy transition goals, government sources said on Thursday, even as the U.S. announced its withdrawal from the alliance.
12.
The Ministry of Textiles has signed Memorandum of Understanding (MoUs) with 15 States as part of the 'Textiles focused Research, Assessment, Monitoring, Planning And Start-Up' (Tex-RAMPS) scheme. The MoUs were signed on the first day of the two-day national textile ministers' conference in Guwahati on the theme 'India's Textiles: Weaving Growth, Heritage & Innovation'.
13.
The U.S. Department of Energy said on Wednesday it has begun marketing Venezuelan crude in the global market and plans to control the sales of the South American country's oil "indefinitely", a day after President Donald Trump claimed that Caracas would "turn over" up to 50 million barrels of oil to the United States.
14.
External Affairs Minister S. Jaishankar's first official visit for 2026 began in Europe, with a visit to Paris and Luxembourg, against the backdrop of major shifts in global politics including the capture of Venezuelan President Nicolas Maduro by the U.S. and the ongoing Russia-Ukraine war.
15.
U.S. President Donald Trump's decision to withdraw the United States from a bedrock climate treaty was slammed on Thursday by the EU, which vowed to keep tackling the crisis with other nations.
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