Delhi-NCR experienced a thunderstorm, heavy rain, and dust storm, offering respite from the heat. While the maximum temperature was near average, rainfall in May has significantly increased since 1901, making it the wettest May on record. Experts attribute these changes to increased thunderstorms, higher moisture levels, and global warming, despite average temperatures remaining consistent.
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The Reserve Bank of India's gold assets surged by 57.12% to Rs 4,31,624.8 crore by March 2025, driven by a 54.13 metric tonne increase in gold holdings and price appreciation. Total gold reserves reached 879.58 metric tonnes, with allocations to both the Issue and Banking Departments. India's gold reserves now constitute 11.
President Trump prioritizes boosting U.S. manufacturing of high-tech and military equipment through tariffs, downplaying the textile industry's significance. While aiming for advancements in AI, chips, and defense, this approach faces criticism. The American Apparel & Footwear Association warns of potential harm to the industry, citing increased costs for manufacturers and higher prices for consumers.
Liverpool clinched the Premier League title with 84 points after a thrilling final day. Arsenal secured second place with 74 points, followed by Manchester City in third with 71. Chelsea's late surge earned them fourth place with 69 points, while Newcastle finished fifth with 66.
The IPL final is set as Punjab Kings and Royal Challengers Bengaluru, both seeking their first title, clash in Ahmedabad. PBKS, led by talismanic captain Shreyas Iyer, returns to the final after a decade. An emotional video message from Iyer's family, filled with Punjabi spirit, has boosted the team's morale.
Protesters in Imphal locked down two central government offices following an incident where a state transport bus was forced to conceal the word "Manipur." This action escalated tensions, leading to demands for an apology from the governor, fueled by concerns over the state's identity.
Donald Trump received temporary approval to continue collecting tariffs under emergency powers, following a federal trade court ruling that deemed his sweeping levies on foreign imports unlawful. The US Court of Appeals for the Federal Circuit has paused the trade court's decision while the White House appeals.
The government has approved an 8.25% interest rate for over 7 crore EPFO subscribers for 2024-25, following the CBT's recommendation. This rate, mirroring the previous year, offers competitive returns compared to other fixed-income options. The EPFO's consistent performance reflects confidence in its investment strategy, providing tax-free benefits to salaried individuals.
The Supreme Court intervened in the Supreme Court Bar Association (SCBA) election, ordering a recount of votes for the president's post due to challenges raised by various groups. Senior advocate Vikas Singh retained his position as president after the recount, although the vote tally for Adish Aggarwala decreased.
India and Russia are in talks to manufacture an advanced BrahMos missile in Uttar Pradesh, following its successful deployment in Operation Sindoor against Pakistan. The new facility in UP, recently inaugurated, will be central to this large-scale production.
A major train tragedy was averted in Shamli as an alert loco pilot spotted a 20ft iron pipe and stones on the Delhi-Saharanpur railway track, prompting emergency brakes. This marks the fourth sabotage attempt on Uttar Pradesh's railway network in May, following previous incidents involving ballast and wooden logs placed on tracks.