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FOUND: 3 - What They Never Told You

Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the story

India's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. Jefferies reports that capital flows are low, not the current account deficit. Foreign investors have sold equities worth billions. Domestic savings are now funding these outflows. The Rupee…

The Economic Times

California island fire linked to sailor’s distress flare scorches 10,000 acres

Fire on Santa Rosa Island in Channel Islands national park becomes state’s largest this year and threatens rare plants

The Guardian - US

NPS launches Retirement Income Schemes: New drawdown option for pension payouts, benefits & rules

The Pension Fund Regulatory and Development Authority has launched new Retirement Income Schemes and drawdown options for National Pension System subscribers. These changes aim to provide predictable cashflow and extend the life of retirement funds.

The Economic Times

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NPS annuity exit rules relaxed: Policy surrender allowed in cases of critical illness, old policies with surrender clause

The Pension Fund Regulatory and Development Authority has revised rules for National Pension System annuity surrenders. Subscribers facing critical illness or holding older annuity contracts with specific surrender clauses can now seek surrender.

The Economic Times

NPS gets new investment option: Pension body allows NPS funds to invest in these rupee bonds

The PFRDA has updated NPS investment guidelines, effective May 13, 2026, to include rupee-denominated bonds issued by the New Development Bank (NDB). This expands investment options for both government and private sector NPS funds, previously limited to bonds from IBRD, IFC, and ADB. Other conditions like credit rating and maturity…

The Economic Times

Exp World Q1 Earnings Call Highlights

Exp World (NASDAQ:AGNT) reported improved first-quarter profitability metrics and reiterated its full-year 2026 outlook, while management emphasized its recent NextHome acquisition, international growth and investments in agent-focused technology and personal development offerings. Jesse Hill, CFO

MarketBeat

8th Pay Commission pension update: Fearing losses, why this employee body wants assured pension in New Pension System (NPS)

Central government employees are concerned about their NPS retirement corpus due to market fluctuations. The All India NPS Employees Federation has proposed an assured pension of 50% of last-drawn salary plus DA to the 8th Pay Commission, arguing the current model provides inadequate pensions for many, especially those with shorter…

The Economic Times

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Virginia Democrats file motion asking for stay in map ruling as Trump touts ‘huge win’ for Republicans – as it happened

This live blog is now closed.

The Guardian - US

Maharashtra revised NPS scheme rule update: Rs 7,500 as minimum pension, family pension, gratuity, corpus, withdrawal conditions & more

Maharashtra's Revised NPS scheme offers assured pensions for state employees joining by December 2026. Those with 20 years' service get 50% of last salary, while a minimum Rs 7,500 monthly pension is guaranteed for 10 years.

The Economic Times

Motilal Oswal Asset Management Company gets approval to sponsor pension funds under NPS

Motilal Oswal Asset Management Company has received PFRDA approval to operate as a Pension Fund Sponsor under the National Pension System. The company will establish a separate pension fund entity to manage NPS assets and retirement investments, aiming to strengthen its presence in India’s long-term retirement planning and pension management…

The Economic Times

NPS Sanchay scheme launched for informal sector employees: Age, eligibility criteria, minimum investment, withdrawal, exit, and other rules explained

PFRDA has launched NPS Sanchay, a simplified National Pension System variant, to serve India's informal sector employees. This scheme aims to reduce investment complexities and asset allocation challenges for nearly 90% of the workforce lacking formal pension coverage. Eligibility extends to Indian citizens aged 18-85, with rules aligning to existing…

The Economic Times

Toxic debris from Trump’s ballroom project is being dumped at a public golf course, report finds

The debris tested positive for lead, pesticides and PCBs, according to the National Parks Service

The Independent UK

8th Pay Commission Pune meeting update: Rs 65,000 as minimum pay, fitment factor of 3.8; what Maharashtra pension body demands from 8th CPC

8th Pay Commission: Maharashtra Old Pension Organization representatives met with the 8th Pay Commission in Pune, advocating for a Rs 65,000 minimum basic pay and a 3.8 fitment factor for central government employees. Key demands included a 4% minimum DA increase, revised HRA and TA, faster career progression, and pension…

The Economic Times

Rubble from Trump ballroom dumped at DC golf course has toxic metals, data shows

A federal judge also warned White House to tread carefully as it moves ahead with plans to revamp DC golf course

The Guardian - US

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The Economic Times

SBI employees’ 2-day strike on May 25, 26: Pension fund manager option to ‘NPS employees’, parity issue among 16 demands

SBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequate staffing, and stopping outsourcing of permanent roles. AISBISF has also underlined issues like pension related concerns under the National Pension System, lack of inter circle transfers for employees recruited…

Roll Call

National Park Service nomination withdrawn by Trump administration

The Trump administration has withdrawn the nomination of hospitality executive Scott Socha to lead the National Park Service. Socha, the president of parks and resorts for Delaware North, was nominated to the role of NPS director in February. His nomination was formally withdrawn Monday. The White House did not respond…

Reason

The Lobster Triumphs

Plus: Tit-for-tat gerrymandering, D.C.'s flowing fountains, more war in the Strait of Hormuz, and more...

Fortune

A $400 million ballroom was just the beginning. Now, Trump plans to spend $174 million more on renovations

Nearly all of the funding comes from donors, the White House said.

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The Guardian - US

Braiding knowledge: how Indigenous expertise and western science are converging

Researchers are weaving Native practices with western methods to revive ecosystems and reclaim food sovereignty

The Independent UK

Cherry blossoms in DC hit peak bloom in stunning burst of pink

IN FULL

The Guardian - UK

Datacentre developers face calls to disclose effect on UK’s net emissions

Campaign groups write to technology secretary amid concerns that sites could double overall electricity demand

The Independent UK

National Parks worker fired for hanging pride flag sues over alleged First Amendment violation

Lawyers for non-binary wildlife biologist Shannon ‘S.J.’ Joslin said they were illegally singled out and punished for speaking out against the Trump administration’s barrage of anti-trans policies

The Independent UK

National Parks ditches reservation system that has been used to help control crowd sizes

‘Our national parks belong to the American people, and our priority is keeping them open and accessible,’ a Trump administration official said

Axios

NYC demands Pride flag return to Stonewall monument

A community leader vowed to raise the flag again.

The Guardian - US

‘So shameful’: backlash as US national monuments conform to Trump’s rewrite of history

From Pennsylvania to Montana, the White House’s war on ‘woke’ has targeted US monuments that address topics like racism and Indigenous history

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