In early trade on Friday, the rupee gained 11 paise to 95. 63 against the US dollar as investors anticipated the RBI policy decision and as the India-US trade talks had produced positive news.

Forex dealers predicted that the rupee will gradually return to the 95. 00-95. 20 area in the near term if the RBI indicates a cautious attitude toward inflation and currency stability in its policy decision, as the 96. 00 zone continues to be a formidable resistance area for USDINR.

In early trading on the interbank foreign exchange market, the rupee opened at 95. 72 before reaching 95. 63, a gain of 11 paise from its prior close.

The rupee increased by 2 paise on Thursday, closing at 95. 74 versus the US dollar.

The dollar index, which measures the strength of the greenback versus six different currencies, was up 0. 01 percent at 99. 41 at the same time.

The worldwide oil benchmark, Brent crude, rose 0. 40% to USD 95. 41 per barrel in futures trading.

Traders said that market players are now concentrating on the Reserve Bank of India’s MPC rate announcement on June 5 as inflation, growth, and the rupee are in the spotlight.

According to Amit Pabari, managing director of CR Forex Advisors, a more cautious RBI stance on inflation would further support debt inflows into India, giving the rupee additional cushion.

In addition to the promising news from the India-US trade talks, Pabari said that with the talks nearing their conclusion, investors are optimistic that progress on trade might enhance sentiment and boost future capital flows into India. Markets are also awaiting the RBI.

Sensex gained 269. 93 points to 74,629. 94 in early trading on the domestic equity market, while Nifty rose 62. 4 points to 23,478. 95.

Exchange data reveals that foreign institutional investors sold shares worth Rs 4,447. 06 crore on a net basis on Thursday.

Meanwhile, US President Donald Trump has stated that Prime Minister Narendra Modi is a good buddy and expressed certainty that the United States and India will come to a trade deal.

“We’re going to strike a deal and get along well. Because I really like your Prime Minister, we will reach an agreement. He is one of my closest companions”, Trump stated at the Oval Office on Thursday.

The first Tech Business Forum was hosted by India and the European Union in the country’s capital on Thursday. This was a crucial step in strengthening digital and trade relations as part of the Trade and Technology Council (TTC).

According to an official statement by the European Union, the forum gathered together companies, decision-makers, researchers, think tanks, and civil society, building on the Comprehensive Strategic Agenda Towards 2030, which was agreed upon by EU and Indian leaders earlier this year.

The event aimed to promote joint innovation and growth as well as strengthen private sector collaboration.

According to the statement, the Ministry of Electronics and Information Technology (MeitY) and the EU Delegation to India and Bhutan put together the Forum. It received backing from major industry players like the National Association of Software and Service Companies (NASSCOM) and the Federation of European Business in India (FEBI).

The Team Europe initiative included Herve Delphin, the EU ambassador, as well as representatives from Belgium, Estonia, France, Germany, Italy, and Spain, as well as ambassadors from Lithuania, Diana Mickeviciene, and Sweden, Jan Thesleff.

More than 100 Indian and European technology companies engaged in debates on cutting-edge technologies like artificial intelligence (AI), cybersecurity, data governance, digital public infrastructure, and semiconductors, with an emphasis on improving private sector collaboration.

To foster fresh business possibilities in both areas, participants looked into methods to increase interoperability, collaborate on standards, and make it easier to access markets.

The forum also highlighted the significance of co-creation throughout industry, research, and innovation ecosystems, ‘marking the start of a more action-driven phase of TTC cooperation,’ the statement read.

It underlined that the Forum also acts as a means of putting into effect both the EU-India Free Trade Agreement, which was just negotiated, and the Administrative Arrangement on Advanced Electronic Signatures and Seals, which was signed under TTC in January 2026, thereby facilitating business-to-business cooperation between the two economic behemoths.

In addition, the freshly opened European Legal Gateway Office in India is a pilot project designed to help Indian ICT professionals, students, and researchers move to the EU and meet the EU Digital Decade aim of 20 million ICT specialists by 2030.

According to the statement, the cornerstone of the alliance is a shared dedication to utilizing digital technologies to foster competitiveness, guarantee dependable administration, and create robust value chains.

India’s rapidly growing digital economy, defined by its extensive digital public infrastructure, dynamic innovation ecosystem, and ambitious national initiatives in semiconductors, telecoms, and AI, places it as a strategic partner for the EU.

Both regions, it continued, are well-positioned to work together to develop global digital standards and frameworks, making sure that technological progress is inclusive, safe, and advantageous for everyone.

Herve Delphin, EU Ambassador to India, spoke at the occasion and stressed the significance of the EU-India Technology relationship: Working with reputable allies like India is necessary in today’s fractured globe to diversify supply chains and lessen excessive dependence on particular regions and sources.

India provides scale, talent, and dynamic technological applications, while Europe brings strengths in innovation, regulation, and sophisticated technology. We share common principles regarding data privacy and human-centered technology.

Using the full potential of the FTA, the Trade and Technology Council demonstrates our shared resolve to collaborate our ecosystems and exploit our complementarities. Businesses, researchers, and investors are crucial in putting policies into practice.

The first forum of its sort showed that stakeholders on both sides acknowledge the enormous potential of EU-India tech cooperation, which collectively accounts for a quarter of the world’s GDP and a quarter of the world’s demographics.

In the opening session, S. Krishnan, Secretary of MeitY, expressed his opinions: “India and the EU have a common ground when discussing confidence in partnerships, not just as allies but also as designers of a future in which technology helps humanity, not the other way around. ” This is a mutual obligation rather than just shared values. Our collaboration is vital and may have a real global impact in a world where resilience is contingent on diversified supply networks.

Sibi George, Secretary (West) of the Ministry of External Affairs, supported this hope in his closing comments by saying: The India-EU collaboration is distinguished by its predictability, trustworthiness, and strategic depth in this dynamic environment.

The statement stressed that the forum’s results would support the development of the next stages of digital and trade cooperation between India and the EU, keeping business and innovation at the heart of the relationship.

Gujarat’s Ahmedabad will host the inaugural World Yogasana Sports Championship beginning on Thursday.

The event, which is held at the EKA Arena, brings together 400 athletes from over 60 countries to compete in classic, creative, rhythmic pairs, and team Yogasana competitions.

The first global championship for Yogasana as a competitive sport, the five-day event (June 4–8) will draw participants from nations including the United States, Ghana, Kenya, Malaysia, Sri Lanka, and Uzbekistan.

On Wednesday morning, Prime Minister Narendra Modi declared on X that Yoga is becoming incredibly popular worldwide! The first World Yogasana Sports Championship 2026, a really unique competition, will begin tomorrow in Ahmedabad on June 4th.

Yoga practitioners from all over the world have connected on this platform. For Yogasana, it is a big step on the world sporting agenda. I’ll also be attending tomorrow’s event around 6:40 PM using technology. He continued, saying, “My praises to those who have planned such an innovative event and best wishes to all participating. ”

The competition is supported by the Ministry of Youth Affairs and Sports, the Ministry of Ayush, the Sports Authority of India (SAI), the Sports Authority of Gujarat, Gujarat Tourism, and the Gujarat Yogasana Sports Association. It is seen as a significant step toward making Yogasana an internationally recognized athletic discipline.

Hosts A 122-person group will represent India. For both men and women, competitors will compete in six age divisions: Sub-Junior (10 to 14 years), Junior (14 to 18 years), Senior (18 to 28 years), Senior A (28 to 35 years), Senior B (35 to 45 years), and Senior C (45 to 55 years).

The competition will include traditional group categories, artistic events, and individual events. The organisers will also implement an electronic scoring system at the global level for the first time in an effort to enhance transparency and consistency in judgement.

The championship will be supervised by 51 national and 32 international judges.

Udit Sheth, president of Yogasana Bharat, stated before the event that the championship would offer a significant platform for players and support the global spread of Yogasana.

It is wonderful that we are hosting this ground-breaking World Yogasana Championship with over 60 nations at Eka Arena in Ahmedabad. “It is a great platform for the Indian national team and to introduce Yogasana sport to the globe; perhaps India’s greatest contribution to the world of sports,” Sheth said.

Dr. Jaideep Arya, general secretary of World Yogasana, called the competition a turning point for the sport.

More than simply a competition, the World Yogasana Championship represents a crucial step in the development of Yogasana as a sport played around the world. He said that for the first time, sportsmen from more than 60 different nations will perform on a single platform to showcase the agility, discipline, and art that Yogasana stands for.

The tournament will start with an opening ceremony on Wednesday. From June 4 to 8, the event will be broadcast live on Doordarshan every day from 9 a. m. to 9 p. m. and streamed on the broadcaster’s YouTube channel.

Doddalahalli Kempegowda Shivakumar, commonly known as D. K. Shivakumar, the president of the Karnataka Congress, was sworn in as the 25th Chief Minister of Karnataka at a magnificent event held at the Glass House in Bengaluru’s Lok Bhavan grounds on Wednesday.

Amidst loud shouts from his supporters, Shivakumar made his way to the platform and began by placing floral tributes to the picture of Sri Veera Gangadhara Swamiji, also known as Nonavinakere Ajja, Ajjayya, or Veera Gangadhara Ajja. Following the pledge of loyalty and secrecy, he stepped up to the podium to offer his respects.

With a copy of the Constitution in his hands, Shivakumar swore the oath and invoked Veera Gangadhara Ajja, the well-known spiritual figure he views as his guide.

The ceremony began with the performance of Vande Mataram. The Karnataka State Police Band followed this with the National Anthem. During the procedures, the national anthem was also performed.

Shalini Rajneesh, the Government of Karnataka’s chief secretary, gave the ceremony’s attendees and guests a warm greeting. Shivakumar honoured Siddaramaiah, the departing Chief Minister, by covering his shoulders with a shawl before the formal event started.

AICC President Mallikarjun Kharge, Lok Sabha Leader of the Opposition Rahul Gandhi, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, Telangana Chief Minister Revanth Reddy, Congress leader V. D. Satheesan from Kerala, AICC General Secretary K. C. Venugopal, AICC General Secretary Randeep Singh Surjewala, and other senior Congress leaders were among the dignitaries present at the event, including Chief Justice of the Karnataka High Court Vibhu Bakhru.

Chief Secretary Shalini Rajneesh asked Governor Thaawarchand Gehlot for permission to continue with the swearing-in ceremony at the beginning.

After the Governor had given his approval, the oath-taking ceremony officially started.

Shivakumar took office as Chief Minister during the ceremony, which also included a sizable gathering of party members and supporters, constitutional authorities, and prominent Congress figures.

The occasion ushered in a new chapter in Karnataka politics.

Subject to fulfilling other statutory criteria, the Securities and Exchange Board of India (SEBI) has stated that promoters or directors’ cousins will not be considered related individuals under listing laws.

This may allow such people to be considered for independent director roles.

In response to informal advise sought by Maithan Alloys, which had asked for a regulatory interpretation of whether a promoter-group member’s cousin might be eligible for appointment as an independent director under current rules, the clarification was issued.

After the business suggested hiring someone who was connected to a promoter-group member and wanted clarification as to whether such a relationship would infringe the independence criteria outlined in SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, the question was raised.

According to the market monitor, the interpretation is based on the legal definition of relative as defined by relevant legislation.

It pointed out that the Companies Act’s and SEBI’s LODR rules’ definition of “relative” is limited to direct family members like spouses, parents, children, and siblings, and does not include cousins.

SEBI declared that cousins are not automatically considered related parties for determining the eligibility of an independent director after reviewing the information the company provided.

SEBI stated that the candidate’s suitability for an independent director post at the company might be evaluated based on the information supplied.

However, the regulator stated that businesses must adhere to all other independence criteria, including conditions regarding shareholding, financial interests, financial ties, and other legal exams.

Additionally, the market regulator stated that the advice is based exclusively on the information given by the applicant and shouldn’t be regarded as a binding decision of the regulator, adding that different facts or circumstances may result in a different interpretation.

The central bank will maintain the current interest rate policy in the face of erratic worldwide circumstances brought on by the escalating tensions in West Asia.

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) commenced its three-day policy meeting on Wednesday. Sanjay Malhotra, the governor, will make public the policy choice on Friday.

The June assessment is taking place against a backdrop of volatile global oil and gas prices and ongoing geopolitical tensions, which have made the prognosis more difficult.

However, while the majority of economists expect the RBI to maintain rates in the next policy result, they also anticipate a more cautious or hawkish communication due to continuing external obstacles.

According to Pranjul Bhandari, HSBC’s chief India economist, the central bank is expected to remain in a holding pattern in the near term but with a gradual tightening bias emerging over time, with markets pricing in approximately two rate cuts starting in the fourth quarter of 2026 instead of an aggressive tightening cycle.

According to her, the RBI’s updated projections will be closely watched for its evaluation of the continuing energy shock and whether it raises its crude oil assumption over earlier levels of roughly $85 per barrel.

Bhandari further said that a higher baseline scenario might raise inflation predictions closer to 5% rather than the previous estimate of 4. 6%.

According to a CareEdge Ratings analysis, inflationary pressures have increased as a result of recent retail fuel price rises and below-normal monsoon expectations, as well as the risk of quicker second-round pass-through from high wholesale price inflation to retail inflation.

The study stated that the current rise in inflation is primarily caused by supply rather than demand. It forecast 6. 7 percent GDP growth for FY27, assuming an average crude price of around $90 per barrel. However, it cautioned that prolonged conflict and oil prices close to $110 per barrel might push growth closer to 6 percent.

Furthermore, SBI Research projected that the RBI would maintain the repo rate unchanged, citing a data-dependent strategy in the face of ongoing inflation threats and external instability.

It projected that CPI inflation would stay above 5% for multiple quarters due to global shocks and fuel price pressures, while GDP growth would be around 7. 5% in FY26 and 6. 6% in FY27.

Emkay Global Financial Services also projected a unchanged rate, citing falling crude prices and an improved external account outlook following a recent correction in Brent oil.

According to the brokerage, a protracted pause in policy rates and assistance for the rupee may be achieved by lower oil prices and any easing of geopolitical tensions.

India would become a world leader in the Bio-Economy and bio-based agri-input sector as a result of a number of favorable variables, including stronger policy backing for sustainable agriculture and focused bio-economy efforts.

Because of its robust scientific foundation, extensive biodiversity, and quickly expanding startup environment, India has a huge potential to rise to the position of global leader in the Bio-Economy and bio-based agri-input industry, according to Tejveer Singh, Secretary of the Department of Chemicals and Petrochemicals (DCPC).

He was speaking at the concluding session of ‘BIOPSF 2026′, a two-day symposium-cum-workshop held here.

The DCPC Secretary said with optimism that tomorrow’s sustainable agricultural solutions would be influenced by the technological contributions of aspiring young innovators, efficient Industry-Academia collaborations, and scientific excellence.

In addition, Singh highlighted that the ultimate success of bio-pesticides is contingent upon the advancement of strong formulation techniques that may boost product stability, field effectiveness, simplicity of use, and overall farmer acceptance.

The Institute of Pesticide Formulation Technology (IPFT), Gurugram—an autonomous institute of the DCPC, Ministry of Chemicals and Fertilizers—organized the “BIOPSF 2026” event.

The Secretary went on to say that India’s growing bio-economy and its march toward a “Vikshit Bharat 2047” would necessitate a stronger emphasis on encouraging startup-led innovation in bio-based compounds, crop protection methods, and sustainable agricultural inputs, as well as fostering indigenous technological skills and translational research.

As per the ministry, the event was organized as part of IPFT’s 36th Foundation Day celebrations.

The event, according to a ministry announcement, gathered policymakers, scientists, industry representatives, regulators, academics, business owners, startups, students, and researchers to explore the most recent developments in bio-based agricultural inputs and their function in sustainable agriculture.

With each new update, the excitement for the forthcoming event increases. The team of Mahaprabhu Jagannath visited globally revered spiritual leader, humanitarian and Gurudev Sri Sri Ravi Shankar, at The Art of Living International Center in Bengaluru, after the movie gained appreciation throughout India for its first poster.

This represents a spiritually significant milestone for the animated feature film.

At the emotional session, the film’s directors asked Gurudev Sri Sri Ravi Shankar for his blessings for the film’s run and release, and they presented the official Mahaprabhu Jagannath poster to him. Gurudev gave the entire team a kind greeting and offered his best wishes for the project’s success.

The filmmakers officially announced the film’s pan-India theatrical release date of July 10 and unveiled the film’s second, highly awaited poster following the unforgettable encounter.

The beloved realm of Lord Jagannath is about to enter the big screen as a majestic multilingual theatrical spectacular after the success of the television series Jay Jagannath.

Jagannath is thought of as a wholesome family entertainment that skillfully integrates superb animation with deep spiritual and cultural storytelling. Reportedly, the movie provides important lessons while still being aesthetically appealing and emotionally evocative for viewers of all ages.

The initiative, which is firmly grounded in Indian cultural imagination and devotional narrative, seeks to provide mythological inspiration by immersively exploring the rich tradition of Lord Jagannath, which is brought to life with colorful animation and kid-friendly visuals that are specifically designed for younger viewers while still having an emotional impact on families around the country.

The picture is produced by Durga Prasad Dalai under the label of Ele Animations Pvt Ltd. , and it comes after the tremendous success of the highly praised animated series Jay Jagannath.

While playing on the Pogo channel, the series had gained millions of views and established itself as a household favourite. The production firm is currently getting ready for a huge theatrical release in light of that accomplishment.

The film will be distributed in Hindi, Odia, and Telugu at over 300 theatres around the nation.

The script and conversations for the picture were written by Pallavi Sharma, and the soundtrack was created by Aviral Kumar, with Shripad Warkhedkar as the director.

On July 10, the movie will be shown in theaters across India.

Chairman of the Adani Group, Gautam Adani stated on Monday that he had met 17 of India’s most persuasive startup founders, the majority of whom were developing deep technology.

It was inspirational, but more than that, it was a reminder. The following India won’t be constructed in isolation. According to the billionaire industrialist, “it will be erected at the junction of founders, infrastructure, capital, energy, logistics, AI, space, and talent. ”

“Founders establish businesses. Gautam Adani also stated, “Nations are built on ecosystems. ”

According to the chairman of the Adani Group, the firm is concentrating on increasing investments in energy, transportation, logistics, and digital infrastructure during the next phase of development.

When the corporation’s main Adani Enterprises faced questions about regulatory and governance concerns, the Adani Group Chairman called the Rs 24,930 crore rights issue a vote of confidence from investors.

The Adani Group maintained its unshakeable conviction that India’s future cannot wait, despite the fact that the world became more fragmented, sophisticated energy security models were reintegrated into national strategy, and technology became inextricably linked to sovereignty during the year.

Gautam Adani stated that the Group constructed while others debated, moving forward with its mission as the world’s most integrated infrastructure platform, encompassing energy, transportation, logistics, utilities, and industrial manufacturing.

And this advancement did not occur for the ports-to-energy conglomerate under serene circumstances.

It occurred in the middle of severe investigation. However, we did not bend. He said that we didn’t stop. Because we’ve always been known for: Not the noise that surrounds us, but how strongly we react.

The clarity of our objective, not the force of the difficulty. We still believe in the nation-building, not the criticism, according to the chairman of the Adani Group.