Despite the surge in UPI transactions, cash usage, particularly the Rs 500 note, remains surprisingly high in India, reaching record levels. This phenomenon is attributed to precautionary hoarding driven by economic uncertainties stemming from the Covid-19 pandemic. While the government promotes digital payments and smaller denominations, the preference for liquidity persists, reversing the pre-pandemic trend of reduced cash holdings.
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Guwahati experienced severe waterlogging due to incessant rainfall, leading to rescue operations by various agencies. The city recorded its highest-ever May rainfall, intensifying the impact of a depression over Bangladesh and Meghalaya. Tragically, several fatalities were reported across northeastern states, including Assam, due to floods and landslides, prompting ongoing evacuation and relief efforts.
In May 2025, the U.S. government revoked Harvard's international student certification, impacting thousands. Japan's Education Ministry has encouraged its universities to admit displaced students, with the University of Tokyo and Kyoto University considering temporary acceptance and support measures. This action highlights Asia's growing appeal as a study abroad destination amid changing global education landscapes.
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.
Harvard University is battling the Trump administration’s attempt to block it from enrolling international students, citing violations of legal procedures. A federal judge has temporarily halted the order, highlighting broader tensions between the administration and higher education. International students contribute $43.8 billion annually to the US economy, yet hostile policies are driving them toward countries like Canada and Japan. Data shows that top US universities have international... Expand
Assam's Chief Minister, Himanta Biswa Sarma, issued a strong warning to Bangladesh regarding the Siliguri corridor, also known as the 'Chicken's Neck.' He dismissed claims of a 'Greater Bangladesh' map including Indian territories and asserted India's military strength, referencing 'Operation Sindoor.' Sarma downplayed Bangladesh's significance, stating it cannot be compared to India's power and influence.
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Following Salman Khurshid's endorsement of the government's handling of Jammu & Kashmir and Pakistan, including the abrogation of Article 370 and Operation Sindoor, the BJP has launched an attack against Rahul Gandhi, accusing him of echoing Pakistani propaganda.