The RBI is fortifying its forex reserves against weaponization by diversifying assets across currencies and jurisdictions, reducing reliance on the US dollar. With reserves constituting 74% of its Rs 76 lakh crore balance sheet, the central bank aims to insulate the Indian economy from external shocks. Simultaneously, the RBI promotes rupee-denominated trade and enhances data security with the upcoming IFS Cloud.
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The Supreme Court of India has ordered that the National Eligibility-cum-Entrance Test for Postgraduate (NEET-PG) 2025 will be held in one shift. This decision follows concerns about fairness in a two-shift format. The National Board of Examinations will adjust logistics. Medical aspirants and educators welcome the change. The exam is scheduled for June 15, 2025.
The NEET UG 2025 provisional answer key is expected to be released soon on the official NTA website, neet.nta.nic.in. Over 20 lakh candidates appeared for the May 4 exam. Once published, students can estimate scores and raise objections during a limited challenge window. Final results and All India Ranks will follow after expert review.
Amidst stricter student visa regulations and political uncertainties in the US, Indian students and their families are increasingly exploring the EB-5 visa option for permanent residency. Applications from F-1 visa holders have surged, driven by concerns over potential disruptions to their academic pursuits and future prospects.
The Indian government is considering raising the safeguard duty on steel to 24% from the existing 12% due to concerns about potential circumvention by Chinese companies and the impact on domestic steelmakers. This move comes amid fears of trade diversion as Chinese goods face increased levies in other markets, potentially leading to dumping in India.
A delegation led by Shashi Tharoor met with Panamanian officials, presenting evidence of Pakistan Army's involvement in supporting terrorism by attending funerals of UN-designated terrorists. Panama expressed strong support for India's stance against terrorism and showed interest in collaborating with India in technology, education, and pharmaceuticals. Discussions also included potential visits between leaders of both countries.
The Maharashtra School Education Department has released the FYJC 2025 first provisional merit list on June 6, 2025, at mahafyjcadmissions.in. Over 10.85 lakh students applied for 20.43 lakh seats across 9,281 junior colleges in eight regional divisions. The list currently includes students scoring between 400 and 500 marks. Candidates can log in to check their status and submit objections if needed. The final merit list and seat allotment will follow soon.
Tamil Nadu, Tripura, and Delhi have excelled in the 2024-25 Foundational Literacy and Numeracy Assessment Test (FLNAT), showcasing high success rates in adult literacy and education. While the national average certification rate stands at 19.4%, skewed by pending data, these states demonstrated exceptional performance.
SmackDown on May 30, 2025, from Knoxville, Tennessee, will feature John Cena and Cody Rhodes under one roof before their Money in the Bank tag team match. Andrade, Jacob Fatu, and Carmelo Hayes will battle in a Men's MITB Qualifying match, while Jade Cargill, Nia Jax, and Naomi compete for the women's spot. Bianca Belair will also make her homecoming.
Following Punjab Kings' victory over Mumbai Indians in IPL 2025 Qualifier 2, a heartwarming moment emerged. Despite MI's defeat, Suryakumar Yadav, who had a stellar season, met and embraced Arshdeep Singh's parents. This gesture of sportsmanship, transcending team rivalries, went viral. Arshdeep now prepares for the final against Royal Challengers Bengaluru, while Suryakumar's impressive season concludes.
PM Modi highlighted India's soaring aviation sector at IATA's AGM, projecting flyer footfall to double by 2030 and airport numbers to reach 350 by 2047. He emphasized India's ambition to become a $4 billion MRO hub and a leader in space-aviation convergence.