Daily Current Affairs – May 17, 2026

The Centre has proposed a framework to measure India’s knowledge economy, covering AI, R&D, software, innovation and digital assets, amid growing focus on intangible economic contributions.

India has introduced new rules for silver imports. Importers now need a government license. This policy aims to control the flow of precious metals and reduce the country's current account deficit. Earlier, customs duties on precious metals were also increased. These changes affect all silver imports, including those plated with gold and platinum.

The master chronicler didn’t just document India with his lens; he taught his audience how to see it; his black-and-white statements live on, preserving the soul of a nation

Nearly a year after the Marathwada floods in Maharashtra, many farmers affected by the destruction that followed say they are still waiting for parts of the compensation the government promised. Snehal Mutha finds that some have taken additional loans for the next crop, while some have given farming a break for the year

Nine Indian companies were part of the delegation which strategic engagements with the Italian Space Industry Study Group in Venice, Italy. Three companies sign agreements for collaboration

The suspect, named as 23-year-old Mohammad Rahed Hossain Mahed, "had taken refuge in a hideout near the Indian border", said Md Moniruzzaman, head of the police station at Moulvibazar, a northeastern district.

President Trump's latest financial disclosures reveal over 3,700 trades totaling tens of millions of dollars in the first quarter. These transactions involved major companies with government dealings, raising eyebrows due to their sheer volume. Despite missing reporting deadlines, Trump paid nominal fines for the late filings.

India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fastest-growing major economy. The depreciation has punctured India's ambition to become the world's third-largest economy.

The agriculture sector accounts for nearly two-fifths of India’s annual diesel consumption of around 92 million tonnes

A spike in fuel and input prices is squeezing margins for Indian consumer and logistics firms, potentially leading to higher product prices and delivery fees.