Indian equity markets brace for a week influenced by the RBI's interest rate decision on June 6, macroeconomic data, and global cues. Experts suggest that rate-sensitive sectors like PSU banks may see focus amid rate cut hopes. India's strong FY25 GDP growth, exceeding expectations, positions it to potentially surpass Japan as the fourth-largest economy.
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Rohit Sharma's explosive 81 propelled Mumbai Indians to a 20-run victory over Gujarat Titans in the Eliminator, ending GT's IPL 2025 campaign. Mumbai posted a formidable 228/5, fueled by Sharma and Bairstow's quickfire 47. Despite Sai Sudharsan's valiant 80, Gujarat fell short, managing only 208/6. Mumbai will now face Punjab Kings in Qualifier 2.
Finance Minister Nirmala Sitharaman lauded the CBIC for its swift response to social media allegations of GST registration delays and corruption. A Twitter user shared claims of a 20-day wait, prompting CBIC to clarify that the application was under Delhi State GST jurisdiction and awaiting taxpayer clarification on a rent agreement detail. Sitharaman emphasized transparency and integrity in taxpayer service.
Television actor Vivek Dahiya recently revealed his struggle with alcohol addiction during the lockdown. Dahiya, known for his roles in popular TV shows, shared that the disrupted routine led to increased alcohol consumption. Realizing the negative impact on his lifestyle and well-being, he sought therapy.
Megha Vemuri, MIT's Class of 2025 president, was banned from her graduation after delivering a pro-Palestine speech criticizing the university's ties with Israel. MIT cited disruption of an official event as the reason, leading to online backlash and Vemuri deleting her LinkedIn profile. The incident highlights the ongoing tensions surrounding campus activism and free speech related to the Israel-Gaza conflict.
A new COVID-19 strain, NB.1.8.1, is under scrutiny as Washington state reports its first case. Simultaneously, the CDC has updated its vaccine guidance, now allowing, but not mandating, COVID-19 vaccines for healthy children based on clinical judgment. This shift follows a directive from Health and Human Services Secretary Robert F. Kennedy Jr., raising concerns among health officials about evidence-based decision-making.
Indian all-party delegations concluded visits to Russia and Japan, securing support in the global fight against terror following the Pahalgam attack. Discussions focused on counter-terrorism cooperation and exposing Pakistan's role in cross-border radicalism. Russia reaffirmed its commitment to a joint fight against terrorism, while Japan expressed unequivocal support for India's stance.
A bizarre fitness trend is gaining traction among elderly Chinese citizens, involving neck-hanging from trees and workout bars to alleviate pain. Originating in Shenyang, this practice, along with others like crocodile crawling and tree bumping, stems from traditional medicine and accessible health information. However, medical experts warn of potential injuries, highlighting a tragic death in Chongqing.
A federal court has blocked President Trump's broad tariffs imposed under emergency powers, siding with lawsuits that challenged his authority. The court determined that Trump exceeded his power by using the 1977 International Emergency Economic Powers Act (IEEPA) to justify tariffs on goods from countries like Canada, China, and Mexico.
Royal Challengers Bengaluru won their first Indian Premier League title. Virat Kohli led the team to victory against Punjab Kings. The final match was tense. Kohli expressed his emotions after the win. He dedicated the victory to the fans and AB de Villiers. Kohli emphasized his loyalty to the Bangalore franchise. He said the win was special.
BJP MP Nishikant Dubey alleged that the 1988 India-Pakistan nuclear agreement occurred under US pressure during Rajiv Gandhi's tenure. Sharing a purported declassified letter from Ronald Reagan, Dubey claimed the US dictated the agenda. He questioned Congress's silence and accused past governments of aligning with US interests, citing examples like Afghanistan and the Shimla Agreement.