✈ INTERNATIONAL NEWS
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1. The Ministry of Petroleum and Natural Gas notified royalty rates for crude oil and natural gas production on 8 May 2026. The revised structure applies to onshore, offshore, deepwater, and ultra-deepwater fields in India. The royalty on onshore crude oil production has been reduced to 10% from 16.66%. The royalty on offshore crude oil production has been reduced to 8% from 9.09%. The royalty rate for natural gas has been reduced to 8% from 10%.
2. The External Affairs Ministry today said that the registrations for Kailash Manasarovar Yatra 2026 are closing soon. In a social media post, the Ministry encouraged the interested candidates to apply for the yatra before the 19th of this month. Candidates can visit <
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🌎 *WORLD NEWS* 🌍
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1. Bangladesh is witnessing a worsening measles outbreak, with nine more deaths reported in the last 24 hours.
2. British Prime Minister Keir Starmer has defended his leadership amid growing pressure within the ruling Labour Party. Some ministers and party members are demanding that he announced a timetable for stepping down as party leader.
3. US President Donald Trump has said he expected Taiwan and energy security to dominate discussions during his upcoming visit to China, while praising his relationship with Chinese President Xi Jinping and expressing confidence that tensions over Taiwan would not escalate.
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Ms. Pooja, |
