INDIA
– Defence Minister Rajnath Singh launches 2 indigenously built warships ‘Surat’ and ‘Udaygiri’; built by Mazagon Dock Shipbuilders Ltd (MDL)
– India hosts SCO-RATS (Shanghai Cooperation Organisation–Council of Regional Anti-Terrorist Structure) meet; focus on the situation in Afghanistan
– India is the ‘Country of Honour’ at Cannes Film Festival in France
– Minister of State for Parliamentary Affairs & Culture Arjun Ram Meghwal launches mental health helpline
– PM returns from day-long visit to Lumbini in Nepal
– Gyanvapi case: Varanasi Court sacks advocate commissioner, grants survey team 2 more days to file report
– Jamaica: President Nath Kovind meets PM Andrew Holness in Kingston
ECONOMY & CORPORATE
– Shares of LIC list at 8.6% discount to issue price after IPO
– Wholesale price index (WPI)-based inflation rate rises to the highest level in the current 2011-12 series at 15.08% in April
– Piramal Group Chairman Ajay Piramal receives Commander of the Order of the British Empire (CBE)
– Jhunjhunwala-backed Akasa Air gets its airline code QP
– Rakesh Jhunjhunwala-backed Akasa Air gets its airline code QP; start operations from July
– Adani Group acquires Switzerland-based Holcim Ltd.’s entire stake in Ambuja Cements Ltd. and ACC Ltd.
WORLD
– France: President Emmanuel Macron names Elisabeth Borne as new PM
– Siege at Azovstal steel plant ends in Mariupol as hundreds of Ukrainian fighters surrender: Russia
– Sri Lanka: Parliament defeats no-trust motion against President Gotabaya Rajapaksa
– Sri Lankan govt. to sell its national airline to stem losses
– Sweden to start NATO application process, says PM Magdalena Andersson
– World Telecommunication and Information Society Day celebrated on May 17; theme: ‘Digital technologies for older persons and healthy ageing’
– World Hypertension Day observed on May 17
– Somalia: Hassan Sheikh Mohamud elected new next President by parliament
– Ukraine’s Kalush Orchestra wins Eurovision Song Contest
– UNGA to organise First International Migration Review Forum in New York on May 17-20
SPORTS
– Odisha wins Hockey India Senior Women’s National Championship; beats Karnataka in the final played at Bhopal
– Tata Consultancy Services World 10K Bengaluru: Kipkorir Kimeli (men’s) and Irene Cheptai (women’s) triumph in record time