British Prime Minister has announced that she would resign as the UK's Conservative leader on June 7 "in the best interests of the country", paving the way for a contest to decide the new Prime Minister after she failed to win over her ministers with a revised strategy to withdraw Britain from the European Union.

UK Foreign Secretary Jeremy Hunt during a meeting with May at Downing Street on Thursday said to have expressed his dissatisfaction with her renewed attempt at getting her controversial Brexit Withdrawal Agreement Bill through the House of Commons. 

Indian Air Force formidable workhorse, the Russian made AN-32 aircraft was today formally fleet certified to fly on blended aviation fuel containing up to ten per cent of indigenous bio-jet fuel. The approval certificate was received at the aero-engine test facilities at Chandigarh by Air Commodore Sanjiv Ghuratia.

According to an official release, the IAF  has undertaken a series of evaluation tests and trials with this green aviation fuel for the last one year. The scope of these checks was in consonance with the international aviation standards. Today’s approval is an acknowledgement of the meticulous testing using the indigenous bio-jet fuel by the IAF.

India bags a total of 57 medals including 12 Gold, 18 Silver and 27 Bronze at India Open International Boxing tournament in Guwahati.

MC Mary Kom, Shiva Thapa, L Sarita Devi and Naman Tanwar won gold in their respective finals. The London Olympic bronze medallist blew away the challenge of Vanlal Duati in a facile 5-0 win.

This was Mary's second gold in the tournament, having won in 48 kg last year in the capital. On the other hand, Deepak defeated Govind Kumar in 49 kg final while in 52 kg category - Amit Panghal defeated Sachin.

In women's 54 kg, local favourite Jamuna Boro defeated Sandhyarani and also qualified for the World Championship. In men's 69 kg Aashish clinched the Gold, while in women's 57 kg category Neeraj won the final.

Defence Research and Development Organisation (DRDO) has successfully test-fired an indigenously-developed 500 kg class guided bomb from a Sukhoi combat jet at Pokhran in Rajasthan. 

Defence Ministry said in New Delhi that the guided bomb achieved the desired range and hit the target with high precision.

The ministry said, all the mission objectives have been met during the test firing of the bomb, adding it is capable of carrying different warheads.

The test firing of the guided bomb came two days after the Indian Air Force successfully test fired the aerial version of the supersonic BrahMos cruise missile from a Sukhoi jet at the Andaman and Nicobar Islands. 

The 2.5-tonne air-to-surface missile has a range of around 300 km, and it will significantly enhance the IAF's combat capability.

The Reserve Bank of India, on Thursday, said it will allow large modern currency chests to increase the service charges on cash deposited by non-chest bank branches from the existing rate of ₹5 per packet of 100 pieces to a higher rate subject to a maximum of ₹8 per packet. For this, only a currency chest (CC) that fulfils the minimum standards will be eligible to be classified as a large modern CC, the RBI said in a circular to all banks. “Banks may approach the issue office of the RBI under whose jurisdiction the currency chest is located for such classification. “The increased rates can be charged only after such classification by the issue office concerned,” the RBI said.

Prime Minister Narendra Modi has received congratulatory telephone calls from leaders across the world on the victory in the General election.

The leaders include Prime Minister of Sri Lanka Ranil Wickremesinghe, Russian President Vladimir Putin, French President Emmanuel Macron, British Prime Minister Theresa May, Japanese Prime Minister Shinzo Abe, Prime Minister of Australia Scott Morrison and Prime Minister of Israel Benjamin Netanyahu.

Expressing his gratitude for their compliments and good wishes, Mr Modi said that the general elections embodied the strength of Indian democracy, which is the world’s largest.

BJP led NDA  is all set to form a new government at the Centre bagging 336 and leading in 15 in the 543 member Lok Sabha elections. BJP alone has won absolute majority and heading for a landslide victory. It has secured 303 seats. The UPA has won 86 and leading in 3 while others got 85 and leading in 17. The Congress alone has bagged 51 seats.

Senior BJP leader and Prime Minister Narendra Modi has won from Varanasi by over 4 lakh 79 thousand votes. He has surpassed his previous margin of 3 lakh 71 thousand seven hundered and 84 votes in 2014 parliamentary elections. He defeated SP-BSP-RLD alliance candidate Shalini Yadav who secured one lakh 95 thousand votes.

Bharti AXA Life Insurance, a private life insurer, has been conferred with the FICCI Claims Excellence Award. The recognition comes for its customer-friendly claims services in the life insurance sector.

The insurer improved its individual claim settlement ratio, the number of claims paid to the number of claims received, to 96.85 per cent in financial year 2017-18.

“The award is a recognition of our pledge to provide protection against the uncertainties of life and timely support to customers and their families in the hour of need. We have maintained an improved and robust track record in claims settlement in the past few years. We continue to enable faster claims settlement as our prime responsibility,” said Vikas Seth, MD and CEO, Bharti AXA Life Insurance.

Flight Lieutenant Bhawana Kanth, who was commissioned into the Indian Air Force as one of the first women fighter pilots in 2016, has created history by becoming the first woman to qualify for combat missions on a fighter jet. She has successfully completed the operational syllabus for carrying out combat missions on MiG-21 Bison aircraft, during the day.

"She is the first woman fighter pilot to be qualified to undertake missions on a fighter aircraft by day. She has been able to achieve this feat with her hard work and perseverance," Air Force Spokesperson Group Captain Anupam Banerjee was quoted as saying by news agency PTI.

The MiG-21 is the oldest frontline combat jet in service with the Indian Air Force, having first entered service in 1964. The jet has been regularly upgraded since then. The MiG-21 "Bison" is the definitive variant of the legacy fighter.

Bhawana Kanth, who is from the first batch of woman fighter pilots of the IAF, joined the fighter squadron in 2017. She flew solo on MiG-21 Bison last year and is now posted at the Nal base in Rajasthan's Bikaner. 

Indian Air Force today successfully fired the BrahMos air version missile from its frontline Su-30 MKI fighter aircraft. 

Defence Ministry said in a release that the launch from the aircraft was smooth and the missile followed the desired trajectory before directly hitting the land target. AIR correspondent reports that, the air launched BrahMos missile is a 2.5 ton supersonic air to surface cruise missile. 

The Inidan Air Force became the first Air Force in the world to have successfully fired an air launched 2.8 Mach surface attack missile of this category on a sea target on Novemebr 2017. Today’s was the second such live launch of the weapon. 

The BrahMos missile provides Indian Air Force a much desired capability to strike from large stand-off ranges on any target at sea or on land with pinpoint accuracy by day or night and in all weather conditions.