The railways Sunday sought a CBI inquiry into the Balasore train crash, hours after Minister Ashwini Vaishnaw said the ‘root cause’ of the accident and the people behind the ‘criminal’ act have been identified.

Chief Minister Naveen Patnaik Sunday announced an ex gratia of `5 lakh to the family members of the people from the state killed in the triple train accident at Bahanaga Bazar near Balasore.

Odisha police Sunday appealed to all sections to desist from circulating rumours giving a communal colour to Balasore’s triple train accident.

Expressing grief over the tragedy, the Life Insurance Corporation (LIC) has announced to support those affected and expedite settlement claims to provide financial relief. Siddhartha Mohanty,

 Noted actor Sulochana Latkar ,the well-known actor of Marathi and Hindi cinema died due to a prolonged illness at a hospital in Mumbai at the age of 94 years.

An under-construction bridge over the Ganga river collapsed in Bihar Sunday, portions of which were deliberately destroyed in a planned fashion under expert advice as it had design flaws, claimed state government officials.

The Uttar Pradesh social welfare department has come up with an ‘Elder Line’ 14567 service to rescue aged destitute and help them find shelter in old age homes. The initiative is a brain child of Minister of state (Independent Charge) for Social Welfare Asim Arun, who had earlier headed the emergency helpline 112 as an Additional Director General.

The Centre Sunday set up a Commission of Inquiry, headed by former chief justice of the Gauhati High Court Ajai Lamba, to probe the recent series of violence in Manipur that claimed more than 80 lives.

Ukrainian President Volodymyr Zelenskyy said Sunday that Russia’s war, now in its 16th month, has killed at least 500 Ukrainian children. Zelenskyy provided the number hours after rescue workers found the body of a 2-year-old girl who died in one of the latest Russian strikes.

The Reserve Bank of India (RBI) will maintain the policy repo rate at 6.5 per cent during its upcoming June 8 announcement, considering the easing of retail inflation in April and the potential for further decline, indicating the effectiveness of previous policy rate actions, anticipate experts.

The country’s largest two-wheeler maker Hero MotoCorp has increased price of its electric scooter VIDA V1 Pro by around `6,000 in order to offset the impact of curtailed subsidy structure on electric two-wheelers coming into effect from June 1.

The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 65,656.36 crore last week, with Reliance Industries taking the biggest hit, amid a muted trend in domestic equities.

Sustainable or ESG (environmental, social, and governance) focused mutual funds, which are in a nascent stage in India, have seen their asset base declining by Rs 2,020 crore in fiscal 2022-23 even as experts hope such funds will attract greater attention in coming years.

Salt-to-software conglomerate Tata Group signed an agreement with the Gujarat government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around ₹ 13,000 crore.

One of the main litigants from the Hindu side Jitendra Singh Visen has announced that he and his family are withdrawing from all cases related Gynavapi issue due to alleged "harassment".