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.

In an attempt to modernize India’s inflation measurement system, the government is expected to change the Wholesale Price Index (WPI) base year to 2022-23 and implement the Producer Price Index (PPI).

Furthermore, Praveen Mahto, DPIIT‘s Principal Economic Adviser will be addressed, the government has scheduled a briefing on the topic for Tuesday.

Saurabh Garg, Secretary of MoSPI, stated that “we have utilized WPI 2022-23 data, which has been internally accessible to us, so that we don’t have to alter the April IIP data, which we anticipate to be publicly available within the next few weeks. ”

The base year for the revised WPI series will be 2022-23, as opposed to the 2011-12 base year that is used in the current series.

Even after the introduction of the new index, Garg stated that the shift from WPI to output PPI would not take place right away, adding that the government would first evaluate the stability and dependability of the new series before using it more widely.

He noted that the current approach for calculating the WPI means that the difference between the WPI and the output PPI in India is unlikely to be significant.

A day after releasing the Index of Industrial Production (IIP) with the revised base year of 2022–23, the Ministry of Statistics and Programme Implementation (MoSPI) announced that it had already employed updated WPI deflators with the new base year for compiling value-reported items in the index.

In February, the administration stated that India’s statistical system is undergoing extensive modernisation with the GDP base year being revised to 2022-23, the CPI base year being revised to 2024, and the IIP base year moving to 2022-23.

“The WPI’s base year revision is also underway. According to an official declaration, the current WPI will be used as a deflator until the revised WPI is released.

In addition, MoSPI intends to integrate the Producer Price Index (PPI) shortly. PPI measures changes in the prices of products and services that producers purchase and sell, it further stated.

After days of waiting for engineering candidates nationwide, the Indian Institute of Technology (IIT) Roorkee has been released the results of the Joint Entrance Examination (JEE) Advanced 2026.

Arohi Deshpande took the highest position among female candidates, while Shubham Kumar from the IIT Delhi zone was the general topper.

Shubham Kumar scored 330 points out of a potential 360, placing first in the Common Rank List (CRL).

Out of almost 1. 8 lakh applicants that took the exam, over 56,000 passed.

IIT Roorkee has released the CRL and category-wise merit lists, showcasing candidates’ performance in various categories, as well as their personal scorecards.

Shubham Kumar was at the top of the national rankings, according to the report. Kabir Chhillar and Jatain Chahar, both from the IIT Delhi zone, followed him, making it an extraordinary performance for the region.

Via the official JEE Advanced portal, candidates may see their results. In order to get their scorecard, students must sign in using their registered mobile number, date of birth, and registration or roll number.

Candidates have been instructed by officials to maintain a printed version of their scorecard, since it will be needed throughout the admissions and counselling procedure.

According to official figures, 1,87,389 individuals applied for JEE Advanced 2026, while 1,79,694 showed up for both tests held on May 17. A total of 56,880 candidates, including 10,107 female students, passed the test.

On the same day, the test was administered in two sessions. Centres throughout the nation hosted Paper 1 from 9 a. m. to 12 noon and Paper 2 from 2 p. m. to 5 p. m.

The Indian Institutes of Technology (IITs), which are regarded as some of the most esteemed engineering institutions in India, offer undergraduate programmes that are accessible through JEE Advanced. The counselling and seat allocation process of the Joint Seat Allocation Authority (JoSAA) will now be open to eligible candidates.

All of the IITs, including those in Bombay, Delhi, Madras, Kanpur, Kharagpur, Roorkee, Guwahati, Hyderabad, Varanasi, and Dhanbad, accept the examination score.

Now that the results have been announced, successful candidates can start the next stage of their academic path, while other aspirants still have options through NITs, IIITs, and a number of top state-run engineering colleges.

The legacy remains royal, just like the crown. Royal Challengers Bengaluru added another golden chapter to their history on winning their second IPL championship on a memorable Sunday evening in Ahmedabad. This victory was particularly significant for a franchise that has suffered through heartbreaking heartbreaks and rising peaks.

With Virat Kohli scoring the fastest half-century in the IPL, Royal Challengers Bengaluru secured their second straight IPL championship by defeating Gujarat Titans by five wickets after a commanding chase of 156 runs.

RCB delivered when it counted most, thanks to the support of enthusiastic fans who never gave up. The victory, celebrated with fireworks and raw passion on the field, went beyond a championship win—it was a tribute to endurance, commitment, and a wish realized. Bengaluru has regained ownership of the crown.

Virat Kohli, an experienced batter, led with a spectacular fifty as RCB defeated Gujarat Titans by five wickets at the Narendra Modi Stadium to successfully defend the championship.

Despite Washington Sundar scoring an unbeaten half-century for the hosts, Bengaluru’s seamers had a disciplined performance earlier to limit Gujarat Titans to 155/8.

In the Powerplay, Josh Hazlewood and Bhuvneshwar Kumar dismissed Shubman Gill and B Sai Sudharsan early. Rasikh Salam Dar had his greatest spell of the season, taking 3-27.

Kohli scored a half-century in 25 balls and ended the innings with 75 runs off 42 balls, which included nine fours and three sixes. This was also his best score in the IPL playoffs. Additionally, he extended his amazing run; since 2025, RCB has not lost a single game in which he has scored fifty points.

Kohli’s superb innings, supported by Venkatesh Iyer’s fast 32, ensured the defending champions never lost control of the pursuit and finished the job with authority to win two straight IPL titles.

Both teams had reached the finals with the goal of winning their second IPL championship and joining the Mumbai Indians, Chennai Super Kings, and Kolkata Knight Riders as multi-time winners.

After MI and CSK, RCB, who earned their first championship in Ahmedabad in 2025, has now successfully defended their title, continuing the streak of Qualifier 1 winners winning the trophy for nine seasons. Josh Hazlewood is still undefeated in white-ball finals, and Krunal Pandya has won every IPL final he has competed in, according to this victory.

Because of the inclement weather, GT, who were champions in 2022 at the same venue, were defeated by the scheduling grind of playing their third game at a third location in six days and disciplined RCB bowling, having arrived in Ahmedabad on Saturday night.

Josh Hazlewood and Bhuvneshwar Kumar kept GT in check with early strikes and Rasikh Salam Dar’s three-for, but Washington Sundar’s fighting fifty gave them a total of 155/8. Then, Kohli’s historic innings made the championship game a one-sided affair, solidifying his status as the man for big occasions.

Beyond earning the unusual distinction of simultaneously holding both WPL and IPL titles, RCB has not only maintained its championship but has also solidified its position among the league’s most successful franchises with this clinical win in Ahmedabad.

Kohli and Venkatesh Iyer ripped into Gujarat Titans’ new-ball attack to start RCB’s 156-run pursuit. Iyer smashed 32 off 16 deliveries against Mohammed Siraj and Kagiso Rabada, despite dealing with a right knee niggle, while Kohli used a barrage of wristy flicks—one of which went for an amazing six—and pulls to race 28 off just 10 balls in just four overs.

In the quickest fifty in an IPL final, the duo raised RCB’s fifty in 21 balls and ensured that the asking rate was never a concern from the start. Rabada, who had given up 37 runs in his first two overs, eventually caught Devdutt Padikkal at third man after Iyer finally threw a pull to mid-on off Siraj.

RCB, however, had already caused the damage by that time. Before turning off Jason Holder for four, Rajat Patidar joined Kohli and maintained the pace by yanking Siraj for six.

Meanwhile, GT’s mind games through Sai Sudharsan’s chatter did not stop Kohli from continuing to move forward. Rashid Khan’s over saw Patidar holing out to long-on right after the first time-out, and Krunal Pandya falling plumb lbw.

After pulling Arshad Khan short mid-wicket for a boundary, Kohli scored his half-century in 25 balls, despite suffering from cramps in his right leg, with Tim David joining in on the boundary-hitting action. Even if Kohli and Jitesh Sharma hit lovely fours to draw RCB closer, Arshad Khan was left behind with a feather edge when David decided to use the review.

As replays revealed that the ball had struck the ground when Gill was attempting to catch it at mid-on, Kohli then avoided a caught out call at 63. A six over long-on and a shot through the gap between mid-on and mid-wicket off Arshad completed the chase for Kohli, as it should have. to kindle joyous celebrations among the RCB team and their devoted fans after winning the IPL title once again.

Brief Scores:
Gujarat Titans 155/8 in 20 overs (Washington Sundar 50*, Nishant Sindhu 20; Rasikh Salam Dar 3-27, Bhuvneshwar Kumar 2-29)
Royal Challengers Bengaluru 161/5 in 18 overs (Virat Kohli 75*, Venkatesh Iyer 32; Rashid Khan 2-25)

Arsenal star Gabriel missed a crucial penalty as Paris Saint-Germain (PSG) recovered from a goal deficit to win their European title on penalties after a 1-1 draw against the Gunners on Saturday night at Puskás Arena in Budapest, Hungary, in the 2025/26 UEFA Champions League final.

In the championship game, PSG converted four of their five shootout penalties, but Nuno Mendes missed their only attempt, while Eberechi Eze and Gabriel missed two penalties for Arsenal.

Kai Havertz put the Gunners ahead early, only for Ousmane Dembélé to equalize from the penalty spot as the game finished 1-1 in regular time.

After 22 years, the Gunners had just won their first English Premier League trophy, and they quickly seized control and the lead. Havertz, who scored the solitary goal for Chelsea against Manchester City in the 2021 final, ran clear before smacking his shot high past Matvei Safonov from a narrow angle after Leandro Trossard charged down a clearance.

The holders were calm and controlled the remainder of the first half. Despite this, the Arsenal defense, which was well organized by Gabriel and William Saliba, didn’t give up any obvious opportunities. Ousmane Dembélé and Désiré Doué’s rare strikes from outside the box highlighted Paris’ frustration. Marquinhos’ late block preventing Havertz from scoring a second goal was the only thing standing between Mikel Arteta’s team and an even bigger lead.

Arsenal knew that a record-tying tenth clean sheet of the season would earn them their first title, as they had only given up six goals prior to the final match. Nevertheless, Cristhian Mosquera brought down Khvicha Kvaratskhelia inside the box following a smooth pass exchange, and Dembélé directed David Raya the opposite direction from the penalty spot to level the score.

The team led by Luis Enrique persisted in patiently probing, but it was a counterattack that produced their next moment of danger: Kvaratskhelia shot an effort that was diverted against the upright after driving into the area. Extra time couldn’t be averted despite late opportunities from Vitinha and substitute Gonçalo Ramos, who found the side and top of the net, respectively.

As a result, a first penalty shootout in the deciding game since 2016 was the consequence. The contest’s pattern of extensive Paris possession but minimal goalmouth action persisted.

Before the shoot-final out’s and decisive moment, Gabriel fired over to seal Eberechi Eze’s wide sweep and Nuno Mendes’ effort being immediately saved by David Raya. Paris was the first team to win the trophy twice in a row since Real Madrid did it in 2018.

According to India Meteorological Department (IMD) Director Neetha K Gopal, Kerala and other significant regions of India would experience lower-than-normal precipitation in 2026. She claimed that the El Nino impact was the cause and referred to it as a unique feature of the phenomenon.

Neetha stated that the IMD’s forecast is not good since it predicts that Kerala and other significant areas of India will see below-average monsoon rainfall.

According to her, Kerala would also have lower-than-average precipitation in June.

Around June 10, following the beginning of the monsoon, we may experience some heavy rainfall. However, following that, we may see below-normal rainfall, which means the overall rainfall for the month is likely to be below-normal, she said.

Neetha stated that because this is an El Nino year, we must endure this kind of lower than average rainfall, as well as the spatial and temporal distribution of rainfall.

The director of the IMD said that, nevertheless, states may occasionally get a lot of rain at a certain moment during the week or month.

Then there would also be drier seasons, she mentioned.

She highlighted that this is a unique aspect of El Nino years.

Weather officials reported that the weather in Delhi and the National Capital Region (NCR) took a dramatic turn on Saturday evening as heavy rain, thunderstorms, and high winds lashed several areas.

The previous few days’ severe heat and humidity have been greatly eased by the rain.

Weather throughout the NCR is predicted to stay reasonably pleasant until June 4, according to IMD’s most recent projection.

It is expected that the highest temperatures will drop, giving some comfort from the heat.

Rain with strong winds occurred in Jaipur, while sandstorms blew across Nagaur, Didwana-Kuchaman, Alwar, Sikar, Churu, Hanumangarh, Sri Ganganagar, and Bikaner, causing a change in weather in various areas of Rajasthan. Reports of hail also came from a few rural locations.

New research found that Indian women acquire AI-related skills at a higher rate (1. 9) than women in the United States (1. 71), Canada (0. 97), and the United Kingdom (0. 90), as the use of artificial intelligence (AI) grows rapidly in India.

According to the “Stanford AI Index 2026,” Indian women’s AI skill penetration rate was 1. 9, which is an improvement over the 1. 61 found in the index from the prior year.

The United States accounted for the largest share of AI initiatives with at least 10 stars in 2025 (31.7%), even though this percentage has been steadily decreasing from almost 80% in 2011 as developers from other regions have increased their presence on the platform.

Since 2019, China’s portion has stabilized. The report claimed that India continues to be a growing contributor, accounting for 5. 2% of projects that have received at least 10 stars. Over time, there has been a change in the geographical spread of open-source AI projects that are more apparent.

Meanwhile, with 41% of employees indicating that they use AI nearly every day, India has established itself as a world leader in artificial intelligence adoption. According to the ADP Research report, about 80% of Indian workers utilize AI at least a few times each week, making it the highest level observed in any market surveyed.

Since only fifty percent of the laborers interviewed worldwide use AI numerous times every week, Indian use is substantially higher. In terms of daily AI usage, Vietnam (36%) and Nigeria (39%) were after India.

With 44% of women utilizing AI at work almost daily compared to 40% of men, women in India are using AI more often than men.

Nevertheless, the research also showed a widening gap between perceived productivity and AI adoption. Despite reporting full engagement, daily AI users were four times more likely to feel less productive.

The paper said that employees felt their contributions were more difficult to measure and assess as AI took control of routine chores.