Ferrari’s Charles Leclerc celebrated a dream Monaco Grand Prix victory on Sunday to become the first home winner of Formula One’s showcase race since Louis Chiron raced around the city streets in 1931.

It was the first time the 26-year-old had stood on the Monaco podium in six attempts and came after two standing starts from pole position in a race halted when first-lap collisions took out a fifth of the field.

McLaren’s Oscar Piastri finished runner-up, 7.1 seconds behind after 78 laps without a chance to overtake on a circuit that often produces processional races, and Ferrari’s Carlos Sainz was third.

Six NATO countries neighboring Russia are joining forces to build a “drone wall” to protect their borders, Lithuania’s interior minister announced on Friday.

“This is a completely new thing, a drone wall stretching from Norway to Poland, and the goal is to use drones and other technologies to protect our borders,” Lithuanian Interior Minister Agne Bilotaite said in an interview with local news agency BNS.

“Not only with physical infrastructure, surveillance systems, but also with drones and other technologies, which would allow us to protect against provocations from unfriendly countries and to prevent smuggling,” she said.

The Reserve Bank of India (RBI) on monday penalised ICICI Bank and YES Bank for violating various regulatory norms. ICICI Bank was fined Rs 1 crore, while YES Bank was penalised Rs 91 lakh.

RBI’s supervisory inspection found violations by both banks relating to their financial position as on March 31, 2022. The RBI issued notices to both banks, requesting explanation as to why penalties should not be imposed. After reviewing their responses, the RBI concluded that the banks' lapses warranted the penalties.

ICICI Bank penalised for improper loan practices

The Government of India has granted $1 million as immediate assistance for Papua New Guinea, which has been hit by a devastating flood and landslip that has so far killed 2,000 people.

“As a close friend and partner under the Forum for India-Pacific Islands Cooperation (FIPIC) and as a gesture of solidarity with the friendly people of Papua New Guinea, Government of India extends an immediate relief assistance of $1 million to support relief, rehabilitation and reconstruction efforts,” said the Ministry of External Affairs in a press statement.

Sony Corporation has appointed Disney Star’s Gaurav Banerjee as the new chief executive officer (CEO) of its India unit, sources have told FE. Banerjee will replace NP Singh, who resigned last week after 25 years at the company.

Banerjee is said to have resigned from his position at Disney Star, where he was in charge of content for Hindi entertainment and Disney+ Hotstar, and the business head for Star Bharat, Hindi & English movies, kids & infotainment and the regional channels in the east.

Disney Star declined to comment, while Sony Pictures Networks India did not respond to queries.

Indian woman peacekeeper Major Radhika Sen, who served with the UN mission in Congo, will be honoured with the prestigious military gender advocate award by UN Secretary-General Antonio Guterres on May 30 (Thursday), marking the International Day of UN Peacekeepers.

Major Sen, who served with the United Nations Organisation Stabilisation Mission in the Democratic Republic of the Congo (MONUSCO), will receive the prestigious ‘2023 United Nations Military Gender Advocate of the Year Award’ from Mr. Guterres during a ceremony at the world body's headquarters here on May 30 marking the International Day of UN Peacekeepers.

Assistant Foreign Minister Hua Chunying was appointed as the vice foreign minister, according to an official announcement on Monday.

Hua was born in 1970 and graduated from Nanjing University. She has worked in the former Department of Western European Affairs, the Department of European Affairs, the Information Department, as well as at the Chinese Embassy in Singapore and the Chinese Mission to the EU, according to public records.

From 2012 to 2019, Hua served as the deputy director-general of the department of press, communication and public diplomacy at the Ministry of Foreign Affairs (MFA). She is also the fifth female spokesperson for the MFA, following Li Jinhua, Fan Huijuan, Zhang Qiyue, and Jiang Yu.

Uttar Pradesh has emerged as the leading state in terms of the addition of transmission lines by state transmission utilities in FY24, statistics released by the Central Electricity Authority (CEA) suggest.

In FY24, state utility Uttar Pradesh Power Transmission Corporation Ltd (UPPTCL) added 1,460 ckm of transmission lines of 220kV or above. This was much ahead of the achievement by any other state utility. Second-ranking utility Gujarat Energy Transmission Corporation Ltd (GETCO) ended FY24 with the addition of 898 ckm, state power department officials here on Thursday said.

Put together, state power utilities added 6,993 ckm of transmission lines in FY24, which represented about 64 per cent of the targeted 11,002 ckm. Most of the additions took place in the 220kV category.

Mukesh Ambani is set to enter Africa with a telecoms venture as he seeks to focus on mobile broadband customers. Bloomberg reported that a unit of Ambani-controlled Reliance Industries Ltd.- Radisys Corp- will provide key network infrastructure, applications and smartphones for Ghana-based Next-Gen InfraCo. Citing Harkirit Singh, the executive director of NGIC, the report claimed that the plans will be announced soon as the company will begin operations by the end of this year.

NGIC will provide 5G broadband services to mobile operators and internet services providers in Ghana, he said, adding that the company “is based on a premise of building affordable digital services in emerging markets."

Prime Minister Narendra Modi has come forward to assist Kerala in a bid to alleviate the state from the economic crisis as the Centre has sanctioned borrowings up to Rs 21,253 crores.

Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar took to social media platform X to announce financial support from the Centre to Kerala.

In a post on X on Saturday, Chandrasekhar mentioned, "PM @narendramodiji's govt steps up to assist Kerala's economic crisis Government of India sanctions borrowings up to Rs 21,253 crores till December 2024....."