Top 5 news of the day: Actress Ranya Rao gets bail in gold smuggling case; Pakistan army chief Asim Munir promoted to Field Marshal, and more

Actress Ranya Rao and her co-accused Tarun Raju were granted default bail by a Bengaluru court after the DRI failed to file a chargesheet in a gold smuggling case. However, Ranya remains in custody under a separate preventive detention law for repeat offenders.In a major move, Pakistan promoted its army chief General Asim Munir to Field Marshal following India's precision strikes under Operation Sindoor. This elevation mirrors a rare military honour not bestowed since Ayub Khan in 1959.Indian markets dropped sharply, with Nifty50 falling below 24,700 points amid weak global cues and profit-booking. Experts cited delays in the India-US trade deal and foreign investor withdrawals as key factors.Ranya Rao granted bail but remains in custodyActress Ranya Rao and Tarun Raju were granted default bail by a Bengaluru court after delays in chargesheet filing by the DRI. However, Ranya continues to be held under the COFEPOSA Act due to her suspected links to gold smuggling. Read full storyPakistan army chief Asim Munir promoted to Field MarshalPakistan’s government promoted its army chief to the rank of Field Marshal amid heightened tensions following Indian strikes. The role makes Munir the top military adviser to the prime minister and president. Read full storyIPL 2025 playoffs schedule announcedBCCI has finalised the IPL 2025 playoff schedule with the final set for June 3 in Ahmedabad. The matches will begin on May 29, with revised venues chosen due to weather and logistical concerns. Read full storyTrain fire in West Bengal under controlA fire broke out in a train engine in Uttar Dinajpur, West Bengal, but was quickly contained with no casualties reported. This adds to growing concerns over railway safety in India. Read full storyStock markets tumble on weak global cuesSensex and Nifty slumped due to global market pressure, investor profit-taking, and caution over the delayed India-US trade pact. Experts warn of continued volatility in the short term. Read full story