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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.
In what marks the first decline since the Covid pandemic disrupted overseas travel and study plans of Indians, remittances by resident Indians under the Liberalised Remittances Scheme (LRS) of the Reserve Bank of India have declined by 6.84 per cent to $29.56 billion in FY2025, down from $31.74 billion in the previous year. The decline is largely attributed to a 16 per cent drop in funds remitted by students for studies abroad, which fell to $2.92 billion in FY2025 from $3.48 billion a year ago, according to RBI data.
2.
Prime Minister Narendra Modi on Friday announced that the country will soon get the first 'Made in India' chip produced at the semiconductor plant in the Northeast region. He said the region is becoming an important destination for two sectors - energy and semiconductor. In August last year, the Tata Group had commenced construction of a semiconductor unit in Assam, with a total investment of 27,000 crore.
3.
Maternity leave is integral to maternity benefits and reproductive rights are now recognised as part of international human rights law like right to health, privacy, equality and non-discrimination and dignity, the Supreme Court said. The SC set aside a Madras HC judgment declining maternity leave to a Tamil Nadu government school teacher and said she was entitled to the benefit despite having two children from a previous marriage.
4.
The Southwest monsoon is set to hit Kerala anytime now and could advance and cover the entire southern peninsula, northeast India, with some parts of eastern and central India as early as June 4, the India Meteorological Department (IMD) said. "Conditions are likely to become favourable... over more parts of South Arabian Sea, remaining parts of Maldives and Comorin area, Lakshadweep, Kerala, many parts of Karnataka, Tamil Nadu, some parts of coastal Andhra Pradesh, Rayalaseema, some more parts south, central and north Bay of Bengal and some parts of northeastern states during May 22-27.
5.
In the view of US Homeland Hom Security Secretary Kristi Noem - enforcer-in-chief of the Donald Trump administration's brazen attack on Harvard University - the onus hereon will be on the non-citizen student to prove her innocence. In effect, the order revoking Harvard's access to the Student and Exchange Visitor Information System (SEVIS) bars arguably the US's most prestigious university from enrolling foreign students. The six conditions that the Homeland Security department has laid out include giving to the government "any and all audio or video footage in the possession of Harvard University of any protest activity involving a non-immigrant student on a Harvard University campus in the last five years".
6.
No record-breaking temperatures or significant heatwaves enveloping large parts of the country have been reported. Intermittent showers - enabled both by western disturbance winds carrying moisture from the Mediterranean Sea towards the Subcontinent and similar incursions from the Bay of Bengal and the Arabian Sea - have contributed to a wetter and cooler-than-usual summer this time.
7.
The reputation acquired by the Turkish and Chinese drones and UCAVs during the Armenia-Azerbaijan and Russia-Ukraine wars was punctured as the IAF demonstrated multi-domain operations, using an offensive-defensive strategy this evolved with great speed and managed the escalation with much greater finesse than Pakistan's strategic establishment.
8.
The Ministry Of Development of North-Eastern Region (DoNER) is organising "Rising Northeast: The Investor Summit" this weekend in Delhi. Prime Minister Narendra Modi, DONER Minister Jyotiraditya Scindia, and the chief ministers of all eight states of the region will be participating in the event, which will showcase the investment potential and developmental activity across the region. Underscoring the importance of the region in its initiatives to connect with ASEAN and East Asia, the Modi government pressed the development accelerator in the region. Starting with Assam in 2015.
9.
Based on the review of the two pilot phases carried out for the PM Internship Scheme (PMIS), the Ministry of Corporate Affairs is planning to undertake certain tweaks in the scheme. Work is currently underway for preparing an internal note that will be sent for a final approval from the Union Cabinet soon, a government source said. Companies beyond the top 500 have shown the intent to participate in the scheme, the source said, adding that industry chambers such as Cll and Ficci have also reached out to the government extending their support for the proposed changes.
10.
Bitcoin has reached a new all-time high as it breached the $110,000-mark for the first time, following the advancement of a key crypto bill in the United States Senate, which has received bipartisan support, and is expected to aid those running crypto businesses. The bill, called the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, has advanced in the US Senate, after some Democrat members who had initially opposed it, joined their Republican colleagues in supporting the bill, which regulated primarily stablecoin.
11.
In April, a team of astronomers announced that they might just have found signs of life on a planet more than 120 light years from Earth. The mere possibility of extraterrestrial life attracted attention worldwide - but also intense scrutiny from other astronomers. Over the past month, researchers have independently analysed the data, which suggested that the planet, called K2-18b, has a molecule in its atmosphere that could have been created by living organisms.
12.
A US federal judge on Friday temporarily restrained the Donald Trump administration from revoking Harvard University's ability to enrol international students, a policy imposed on the elite institution the day before. The tussle between the Trump administration and Harvard began after Harvard President Alan M Garber told the administration in April that the university would not accept demands to change its hiring and admissions practices, and its curriculum.In a letter, dated May 22, the Department of Homeland Security told Harvard that its student and exchange visitor program (SEVP) certification had been revoked, "effective immediately".
13.
By eliminating greenhouse gas (GHG) emissions, electric vehicles (EVs) play an important role in the fight against climate change. However, while contributing to solving one problem, they may be adding to another. A new study by Indian researchers has found that EVs may be bad news for tackling air pollution. The study, published in Soft Matter, a journal of the Royal Society of Chemistry, has shown that EVs, on account of their greater weight, experience higher wear and tear in their tyres compared to conventional vehicles, and release substantially larger numbers of small plastic particles in the atmosphere. This could have adverse implications for the health of both humans and the environment.
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