NEET-UG 2026 cancelled LIVE: Nashik police take paper leak accused into custody
The [National Testing Agency (NTA)] has cancelled the [NEET-UG] 2026 examination following widespread allegations of paper leaks and irregularities. The cancellation was authorized by the Government of India, and the [Central Bureau of Investigation (CBI)] has been tasked with conducting a comprehensive inquiry into the matter.
Read on The HinduDive Into Study Notes![Illustration about Welfare Schemes: An evaluation commissioned by the [Union Ministry of Rural Development] has revealed that the real value of old-age pens](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-05-12%2Fcentres-old-age-pension-at-rs-200-since-2012-significantly-eroded-due-to-inflation-rural-development-ministry-study-ebe32c82.png&w=1200&q=75)
Must ReadCentre’s old age pension at Rs 200 since 2012 ‘significantly eroded’ due to inflation: Rural Development Ministry study
An evaluation commissioned by the [Union Ministry of Rural Development] has revealed that the real value of old-age pensions under the [National Social Assistance Programme] ([NSAP]) has significantly eroded due to inflation. The Centre’s contribution, fixed at Rs 200–500 per month since 2012, now effectively provides 45% less purchasing power compared to its original value, prompting recommendations for a National Floor Pension linked to inflation.
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Must ReadMoody's slashes 2026 India growth forecast to 6%
Moody's Ratings has revised India's GDP growth forecast downward to 6% for both 2026 and 2027, citing subdued private consumption, capital formation, and industrial activity. This downgrade is primarily attributed to vulnerabilities arising from geopolitical tensions, specifically a fragile ceasefire between the US and Iran and potential disruptions in the Strait of Hormuz, which threaten to escalate energy costs and fuel shortages globally.
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Must ReadIndia-Oman FTA likely to come into force from June 1: Piyush Goyal
The Union Commerce Minister announced that the Free Trade Agreement (FTA) with Oman is expected to be implemented by June 1, 2026. Simultaneously, India is negotiating a Comprehensive Economic Partnership Agreement (CEPA) with Chile to upgrade their existing Preferential Trade Agreement (PTA), with a strategic focus on securing critical minerals like lithium and copper.
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Must ReadBehind PM Modi’s austerity call, dipping foreign exchange reserves, rising gold imports
The Prime Minister has urged citizens to adopt economic austerity measures, specifically reducing petroleum and gold consumption and postponing non-essential foreign travel, in response to mounting pressure on India's external sector. This call comes amid a significant drop in foreign exchange reserves, driven by global uncertainties, the West Asia conflict, rising crude oil prices, and sustained capital outflows, highlighting vulnerabilities in India's macroeconomic stability.
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ImportantBelated warning: On the Prime Minister’s austerity appeal
The Prime Minister issued a seven-point appeal for austerity measures, including reducing fuel consumption and foreign travel, in response to the economic fallout of the West Asia crisis. This editorial critiques the timing of the appeal, noting it followed extensive election campaigning, and analyzes the potential negative economic consequences of some suggestions, such as reduced agricultural output and the actual drivers of foreign exchange depletion.
Read on The HinduDive Into Study Notes![Illustration about Polity & Governance: The [National Testing Agency (NTA)] has unprecedentedly cancelled the 2025 NEET-UG exam entirely due to verified allegat](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-05-12%2Fneet-ug-cancelled-why-this-is-a-first-what-happened-in-past-paper-leak-cases-55078184.png&w=1200&q=75)
Must ReadNEET-UG cancelled: Why this is a first, what happened in past paper leak cases
The [National Testing Agency (NTA)] has unprecedentedly cancelled the 2025 NEET-UG exam entirely due to verified allegations of paper leaks and malpractices. This marks a significant shift from previous instances, such as the 2024 controversies where the [Supreme Court] denied a re-test due to localized, rather than systemic, breaches.
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