IBC helps banks recover Rs 4.32 lakh crore in bankruptcy cases: Govt

IANS | May 28, 2026 1:22 PM

New Delhi, May 28 (IANS) The Insolvency and Bankruptcy Code, 2016 has significantly strengthened India’s insolvency and credit ecosystem since its enactment, improving recovery mechanisms, boosting creditor discipline and creating a more structured resolution process for distressed entities, according to an official factsheet released on Thursday.

Won’t spare anyone if negligence found; taking responsibility: Dharmendra Pradhan amid CBSE OSM row

IANS | May 28, 2026 12:33 PM

New Delhi, May 28 (IANS) Amid the controversy surrounding the CBSE’s On-Screen Marking (OSM) system, Union Education Minister Dharmendra Pradhan on Thursday assured that strict action would be taken if any deliberate negligence or wrongdoing was found in the process. He also criticised the Leader of Opposition in the Lok Sabha, Rahul Gandhi, saying the Congress leader was acting out of frustration following repeated electoral defeats.

NCB detains habitual drug offender under PIT-NDPS Act

IANS | May 28, 2026 11:24 AM

New Delhi, May 28 (IANS) In a major crackdown on organised narco-criminal networks, the Narcotics Control Bureau (NCB) has detained habitual drug offender Rahul Balkrishna Shedge under the Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances (PIT-NDPS) Act, 1988, the officials said on Thursday.

India, Canada reaffirm $50 billion bilateral trade as Piyush Goyal concludes landmark visit

IANS | May 28, 2026 10:20 AM

Toronto/New Delhi, May 28 (IANS) With India-Canada bilateral trade currently standing at approximately $8.5 billion, both governments remain committed to their shared and ambitious target of expanding it to $50 billion by 2030, Commerce and Industry Minister Piyush Goyal said as he concluded a highly-productive and landmark three-day visit to Canada, an official statement said on Thursday.