PNI News - Press Network of India

From Our Foreign Correspondent In the landlocked waters of the Caspian Sea — the world's largest inland body of water — a route long viewed as secondary has become a vital strategic corridor for Russia and Iran. As of May 2026, this maritime link serves as a primary conduit for military cooperation and sanction-evasion, enabling both nations to sidestep disruptions in the Persian Gulf, Strait of Hormuz, and Black Sea routes. A Secure Military Logistics Route Heightened tensions and naval risks in the Strait of…

From Our Business Desk In the kitchens, on the dusty village roads, and in the crowded city buses of India, a quiet storm is brewing. As of May 2026, government-owned Oil Marketing Companies are haemorrhaging nearly ₹30,000 crore every month. Petrol, diesel, and LPG prices have remained frozen since 2022, even as global crude oil prices have skyrocketed past $100-120 per barrel amid West Asia tensions. A painful hike of ₹4-5 per litre on petrol and diesel, and ₹40-60 per LPG cylinder, now seems inevitable before mid-May.…

Mumbai : Punjab National Bank (PNB), nation’s leading public sector bank, successfully organised the Mega Agriculture Outreach Programme – “PNB Krishi Aarambh” across the country. Demonstrating strong leadership engagement, the outreach was spearheaded by Top Management along with other senior leadership of the bank. Aimed at strengthening financial inclusion in the agriculture and allied sectors through direct outreach and engagement with rural communities, the programme focused on facilitating access to customised credit…

Mumbai : The Marketing Academy has unveiled the second cohort of its Global Fellowship Program for 2026, announcing a highly selective group of senior marketing and commercial leaders from across the world. Among those selected is Sarthak Seth, Senior Vice President & Chief Sales and Marketing Officer at Tata Realty and Infrastructure Ltd., who joins the global cohort following a rigorous, merit‑based international selection process. Launched as a unified global initiative in January 2026, the Fellowship brings…

 Mumbai/Kolkata: For thousands living with Thalassemia, where life revolves around repeated hospital visits and transfusions, a new centre of hope has emerged in the city. Manipal Hospitals Mukundapur today unveiled a dedicated Thalassemia Privilege Clinic and Day Care Ward at its Mukundapur facility led by Prof. (Dr.) Rajib De, Head – Clinical Haematology, Haemato-Oncology & Bone Marrow Transplant, Manipal Hospitals Mukundapur Cluster, in the presence of of Dr. Saumen Meur, HOD & Senior Consultant – Paediatrics,…

"India stands at a pivotal moment in its AI journey. The scale of our digital ecosystem offers a once-in-a-lifetime opportunity to shape the global data economy. But unlocking this potential depends on how quickly enterprises move beyond legacy systems and embrace real-time, event-driven data infrastructure. India’s next phase of transformation is being shaped by more than just AI. It hinges on how quickly companies can process and act on data. From quick commerce to banking, enterprises are investing in systems that…

The Cannes Film Festival, one of the world’s most prestigious annual events held in Cannes, France, will host its 79th edition from May 12 to 23, 2026. Known for celebrating acclaimed auteurs, presenting a highly competitive lineup, and hosting the world’s largest film market, the Marché du Film, the festival remains a global cultural landmark. This year, internationally renowned Show Director Liza Varma from India will lead a delegation of Indian designers, jewellery labels, and models to Cannes, presenting their work…