Daily Morning Brief- (12 May)- Top news from World, India , Economy and Odisha

India

1. BSF to Receive 600 Acres Along West Bengal–Bangladesh Border for Fencing

The West Bengal government will transfer nearly 600 acres of land to the BSF to accelerate border fencing along the Bangladesh frontier. Authorities aim to curb illegal infiltration and complete the project within a 45-day deadline.

World

3. Donald Trump Set to Visit China

Donald Trump is scheduled to visit China from May 14–15, 2026, for talks expected to focus on regional security, trade cooperation, and strengthening US–China business relations.

4. UK PM Keir Starmer Faces Mounting Resignation Pressure

Keir Starmer is reportedly under increasing pressure to resign as several cabinet ministers and more than 70 Labour MPs demand a leadership transition timeline amid mounting political tensions.

5. Maldives Repays USD 50 Million to India, Reduces Debt Burden

Mohamed Muizzu confirmed that the Maldives has repaid a USD 50 million loan to India as part of efforts to reduce the country’s external debt burden under a broader USD 150 million financial arrangement.

Also Read:  Why PM Modi Urged Indians to Reduce Fuel Use, Avoid Gold Purchases and Focus on Natural Farming — Is India Heading Towards an Economic Crisis?

Economy

6. India Has Sufficient Fuel Stocks, No Need to Panic, Says Oil Ministry

The Petroleum Ministry assured citizens that India maintains adequate crude oil and LPG reserves despite global disruptions. Officials stated that refineries are operating at peak capacity and there is no immediate risk of shortages.

7. Robert Kiyosaki Warns of Possible Global Economic Collapse in 2026

Robert Kiyosaki, author of Rich Dad Poor Dad, warned of a potential global economic collapse in 2026, advising investors to view market crashes as opportunities to acquire undervalued assets.

9. Jewellery Industry Under Pressure;Industry Leaders to Meet PM Narendra Modi for Discussions

Leaders from India’s jewellery sector are seeking discussions with PM Narendra Modi following his appeal to reduce gold purchases as part of economic conservation efforts.India remains one of the world’s largest gold importers, bringing in nearly 800 tonnes of gold every year, creating significant pressure on foreign exchange reserves and trade balance.

Odisha

10. High Court Issues Detailed Guidelines: Mandatory to Produce Arrestee Before Magistrate Within 24 Hours

Orissa High Court directed police to produce arrested individuals before the nearest magistrate within 24 hours, even during out-of-state arrests, stressing strict compliance with constitutional arrest procedures.