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RBI's Central Board of Directors has approved the transfer of Rs 2,10,874 crore as surplus to the government for the financial year 2023-24.
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China's Eastern Theater Command launched exercise Joint Sword 2024A, surrounding Taiwan from all directions.

PLA statement: "Taiwan independence”and peace across the Taiwan Strait are incompatible.
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"Achieving another significant milestone, an IAF C-130J aircraft carried out a successful Night Vision Goggles aided landing at an Advanced Landing Ground in the Eastern sector. IAF continues to expand capabilities, reinforcing commitment to safeguard nation's sovereignty by enhancing operational reach and defence preparedness."

- Indian Air Force
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Spain becomes the 99th member of the International Solar Alliance.
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Indian Army’s Eastern Command has conducted a massive exercise that witnessed Aviation Brigade-level third-dimension maneuver capability and its integration with the ground forces in the North Eastern Sector.
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Cdr S Karthikeyan of the Indian Navy successfully summitted Mt. Everest (8849 M) on 20th May.

The achievenent was shared with his daughter, Kaamya Karthikeyan, a Class 12 student.
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Chief of Defence Staff, Gen Anil Chauhan visited Aircraft and Systems Testing Establishment (ASTE) and Air Force Test Pilots School (AFTPS) in Bengaluru on 24 May 2024. A ceremonial Guard of Honour was accorded and he laid a wreath at the memorial which honours the supreme sacrifice made by the Indian test crew and scientists while undertaking flight testing. As part of his tour, he was briefed on the ongoing trials at ASTE and flight test training activities of AFTPS alongside aspects of the organisational roles of these unique institutions of IAF.
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India’s forex reserves surged by $4.54 billion to $648.7 billion as of May 17, marking an all time high, the latest data published by the Reserve Bank of India.
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Vice Admiral Gurcharan Singh assumed the appointment of Commandant, National Defence Academy on 25 May 2024 from Vice Admiral Ajay Kocchar. An alumnus of the National Defence Academy (Khadakwasla), he was commissioned into the Indian Navy on 01 Jul 1990.

The Flag Officer has held several appointments, both afloat and ashore. As a specialist in Gunnery and Missiles, he has served onboard Indian Naval Ships Ranjit and Prahar. He holds the distinction of being part of the commissioning crew of three Indian constructed warships, viz, INS Brahmaputra/ as Gunnery Officer, INS Shivalik/ as Executive Officer, and INS Kochi/ as Commanding Officer. He has also commanded INS Vidyut & INS Khukri. He has been an instructor at INS Dronacharya (Gunnery School) and the Deputy Commandant of Naval War College, Goa.