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    Rupee falls 31 paise to close at 95.67 against US dollar
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June 3, 2026
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Foreign exchange pressure and Section 301 trade tensions weigh on the rupee as markets await RBI policy signals.
The rupee weakened against the US dollar amid strong dollar demand, higher crude oil prices, geopolitical tensions and foreign capital outflows, while markets also watched the Reserve Bank of India's monetary policy meeting. The article further notes that the depreciation followed a proposal for additional duties on Indian imports linked to alleged labour violations and Section 301 investigations concerning forced labour and excess industrial capacity, with India engaging the United States on those issues and on an interim trade agreement framework.
June 3, 2026
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Aviation turbine fuel price stabilisation mechanism cushions airlines from fuel volatility and supports stable air connectivity.
Cabinet approval was given for an aviation turbine fuel price stabilisation mechanism to cushion scheduled Indian airlines from exceptional fuel cost volatility arising from the West Asia crisis. The programme provides interest-free advances to state-owned oil marketing companies so that ATF can be supplied to airlines at a stabilised price for domestic and international operations, with the mechanism intended to support air connectivity and limit fare volatility while airlines face elevated fuel costs. Any amounts advanced are to be recovered when global fuel prices moderate, and the arrangement is stated to continue for up to 36 months, subject to annual review and earlier closure if the support amount is fully recovered and settled.
June 3, 2026
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Interim trade agreement talks advance as India and the United States seek to resolve final issues before formal signing.
India and the United States were close to finalising an interim trade agreement, with negotiators seeking to resolve the remaining issues before formal signing. The agreement's framework had already been completed, and talks were focused on putting the arrangement into force. The article also referred to USTR Section 301 investigations on forced labour and excess industrial capacity, after which the United States proposed additional tariffs on imports from multiple economies as part of broader global trade measures.
June 3, 2026
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Refined petroleum exports weakened as refinery maintenance, domestic fuel demand, and export taxes shifted supply toward local markets.
India's exports of refined petroleum products declined sharply as refinery maintenance, lower throughput, stronger domestic demand, and export taxes reduced overseas shipments. Planned maintenance at a major refining complex limited crude processing and export volumes, while refiners increased liquefied petroleum gas output for domestic supply and reduced petrol and diesel available for export. State-owned refiners also directed more output to local consumption amid energy security concerns and adequate domestic fuel requirements.
June 3, 2026
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Capacity expansion and new product launches support Venus Pipes growth visibility amid domestic recovery and export weakness.
Venus Pipes reported revenue and EBITDA growth broadly in line with estimates, driven by a recovery in domestic demand while exports weakened amid geopolitical disruption. The company said its planned capacity additions are now operational, including fittings, and that utilisation remains high in seamless pipes, with welded pipe capacity also ramping up. The note highlighted the company's entry into spooling solutions for the data centre segment through capital expenditure supported by a large letter of intent, along with a healthy order book and future expansion plans.
June 3, 2026
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Monetary policy stance stays in focus as the repo rate is expected to remain unchanged amid inflation and growth pressures.
The Monetary Policy Committee began its three-day policy deliberations ahead of the scheduled announcement, with market expectations centred on the repo rate remaining unchanged at 5.25 per cent. The reported policy setting is being assessed against a backdrop of external uncertainty, including West Asia conflict, higher energy prices, supply-chain pressures and a weaker rupee, all of which may affect inflation and growth projections. Commentary in the report indicates that the Reserve Bank of India may keep policy rates steady while adopting a cautious or mildly hawkish communication stance, including possible revisions to inflation and GDP growth forecasts.
June 3, 2026
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Answer sheet verification and re-evaluation process moves online with Aadhaar-based access, digital payment, and strict submission deadlines.
CBSE has activated an online portal for verification of issues in scanned answer books and re-evaluation of answers, limited to students with scanned copies of their evaluated sheets. The process must be completed online within the prescribed window, with Aadhaar-based login, digital payment, and locked submissions after the freeze-and-proceed step. Students may report specific discrepancies in scanned copies, use designated payment gateways, and rely on Aadhaar details of parents, relatives, or guardians where the student does not have Aadhaar.
June 3, 2026
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Gold reserve clarification: central bank denies sale reports and confirms physical stock remains unchanged.
The Reserve Bank of India clarified that reports of a gold sale were incorrect and that its physical gold stock remains unchanged at 880.52 tonnes. It advised the public to rely on official information and noted that gold's share in India's foreign exchange reserves had increased over the relevant period.
June 3, 2026
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Section 301 trade probe over forced labour and excess capacity keeps India engaged as tariff proposal remains unfinalised.
India remains engaged with the United States in Section 301 proceedings concerning allegations of forced labour and excess industrial capacity, while also pursuing finalisation of an interim trade agreement framework. The United States Trade Representative has issued findings in the forced labour investigation and proposed additional tariffs on imports from multiple economies, including India, but the measure remains only a proposal and is not yet final.
June 3, 2026
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Online re-evaluation and verification portal opens with Aadhaar-based login, digital payment and strict submission limits.
CBSE has opened an online portal for verification of issues in scanned answer books and re-evaluation of answers, available only to students who have obtained scanned copies of evaluated answer books. Applications must be filed online within the prescribed window using Aadhaar-based login, with payment completed digitally through designated gateways. The board permits only one application each for verification and re-evaluation, and details become locked once submitted for payment.
June 3, 2026
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Digital Public Infrastructure drives Protean eGov Technologies' appointment of Ajay Rajan as Managing Director and Chief Executive Officer.
Protean eGov Technologies Ltd. appointed Mr. Ajay Rajan as Managing Director and Chief Executive Officer, effective 1 June 2026, to support its next phase of growth. The appointment aligns with the company's focus on Digital Public Infrastructure, AI-enabled enterprise solutions, and international expansion. Mr. Rajan's background spans banking, fintech, and digital transformation, and the company says his leadership will reinforce governance, execution, and sustainable value creation.
June 3, 2026
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Forced labour trade duties pressure rupee as proposed US action and broader risk sentiment weigh on markets.
The rupee weakened in early trade against the US dollar amid concern over a proposed US Trade Representative move to impose additional duties on India and other countries for alleged failures to prevent imports of goods produced with forced labour. India denied the allegations and said the issue should be addressed through ongoing bilateral trade negotiations. The currency was also pressured by broader global risk factors, including geopolitical tensions, a firmer dollar, higher crude oil prices and weakness in domestic equity markets.
June 3, 2026
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Forced labour import prohibitions drive proposed additional duties and a differentiated tariff framework for affected economies.
The US Trade Representative has proposed additional duties on 54 countries, including India, over alleged failures to prohibit imports made with forced labour. The proposal follows investigations into 60 countries and applies a differentiated tariff framework: 10 per cent additional duty for economies with existing or committed forced-labour import prohibitions, and 12.5 per cent for all other economies. A textile mechanism would permit a specified volume of apparel and textile imports from certain economies at a reduced tariff rate.
June 2, 2026
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Trade pact implementation faces delays as India and the UK address steel safeguards and carbon border measures.
India and the UK discussed implementation issues delaying rollout of CETA, with particular concern over Britain's steel safeguard restrictions and proposed carbon border adjustment mechanism (CBAM). The talks focused on identifying the remaining sticking points and examining pathways for effective implementation of the trade pact. Britain's limits on tariff-free steel imports and the introduction of CBAM from 2027 are central to the market access concerns.
June 2, 2026
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International developments span parliamentary disruptions, anti-corruption action, UN recognition, and immigration enforcement across several countries.
Parliamentary proceedings in Nepal were adjourned after protests over border remarks, while other reported developments covered defence trade, anti-corruption action, UN appointments, peacekeeping recognition, online testimony in a disappearance case, condemnation of Hinduphobia and temple attacks, and immigration enforcement against Indian nationals working illegally as truck drivers.
June 2, 2026
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Rupee depreciation against the dollar reflects oil price pressure, dollar strength and foreign fund outflows amid RBI policy watch.
The rupee depreciated against the US dollar amid higher global crude oil prices, a firm dollar, safe-haven inflows and foreign fund outflows. Market participants expected continued pressure from geopolitical tensions and elevated oil prices, while noting that peace talks could moderate the decline. Investors also watched the Reserve Bank of India monetary policy meeting for cues on currency movement, alongside broader market and macroeconomic developments.
June 2, 2026
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State GST collections in Haryana lead the country, driven by strong revenue growth and efficient tax administration.
Haryana reported the highest growth rate among states in state GST collections for May 2026, with a year-on-year increase of 22 per cent against the national average of 6 per cent. The state also ranked first in cumulative growth in state GST revenue for the first two months of 2026-27, with growth of 40 per cent over the comparable period of the previous financial year. The statement attributed the sustained increase to the growing economy of the state and efficient tax administration.
June 2, 2026
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Re-evaluation portal security and online filing rules shape CBSE's answer-book verification process for students seeking review
CBSE reported cyberattacks on its re-evaluation portal and said the online facility for verification of issues in scanned answer books and re-evaluation of answers was available only to students who had obtained scanned copies of evaluated answer books. The portal required Aadhaar-based verification, permitted online-only submission and payment, allowed only one application each for verification and re-evaluation, and treated details as locked after the payment stage was initiated. The process covered specified scanning and evaluation issues, used a limited filing period, and communicated the request outcome after completion.
June 2, 2026
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Artificial intelligence and data science training expands through a new industry-linked lab, certifications and practical learning programmes.
Chandigarh University established an 'IndiaAI Data Lab' in collaboration with Intel India to strengthen student employability through industry-relevant training in artificial intelligence, data science and emerging technologies. The lab is intended to function as a simulated apprenticeship and practical learning space for computing and computer science engineering students, with access to AI tools, real-world projects and hands-on exposure aligned with global industry standards. As part of the same partnership, the university launched MCA (Data Science) and BCA (Data Science) programmes in association with Intel India, with semester-wise Intel certifications to improve industry readiness.
June 2, 2026
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Trade agreement negotiations focus on tariff recalibration, market access commitments, and possible Section 301 trade action.
India and the United States began talks to finalise an interim trade agreement and advance a broader bilateral trade agreement. The framework contemplates tariff reductions on US industrial and agricultural goods, proposed Indian purchases of US products over five years, and possible recalibration in light of changed US tariff conditions and the prospect of fresh action under the Section 301 mechanism.

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May 27, 2026

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New Delhi, May 27 (PTI) Following are the top stories at 1 PM NATION DEL22 PM-HEAT (11.45 AM)

PM Modi urges citizens to take all possible precautions amid soaring mercury New Delhi: Prime Minister Narendra Modi on Wednesday urged citizens to take maximum precautions as the country is witnessing soaring temperatures, and said staying hydrated is key during such harsh weather.

DEL23 CONG-NEHRU-PM (11.54 AM)

Nehru cannot be erased from modern India’s fabric despite PM’s efforts to denigrate him: Cong New Delhi: The Congress on Wednesday accused Prime Minister Narendra Modi of making a “diabolical effort” to “distort, defame, and denigrate” Jawaharlal Nehru, and asserted that India's first prime minister cannot be erased from the fabric of modern India.

DEL8 CONG-ORAM-NICOBAR (9.52 AM)

Attempted justification for deliberately ignoring rights: Ramesh counters Oram on Great Nicobar project New Delhi: Congress leader Jairam Ramesh has written to Tribal Affairs Minister Jual Oram over the Great Nicobar project, urging him to ensure that the provisions of the Forest Rights Act, 2006 are both seen to be implemented and are actually implemented in letter and spirit.

DEL6 ED-KL-EX CM-LD SEARCHES (9.33 AM)

ED raids ex-Kerala CM Pinarayi Vijayan's house, others in CMRL money laundering case Thiruvananthapuram: The Enforcement Directorate on Wednesday conducted searches at the residence of former Kerala chief minister Pinarayi Vijayan and some others as part of its investigation against his daughter in the CMRL money laundering case, officials said.

DEL21 CBI-LD NEET (11.34 AM)

CBI arrests Latur-based doctor, Pune physics teacher in NEET UG paper leak case New Delhi: The CBI has arrested a Latur-based doctor and a physics faculty member at a Pune-based coaching institute in connection with the NEET UG paper leak case, officials said on Wednesday.

CAL6 AS-ASSEMBLY-UCC-NDA (11.20 AM)

UCC Bill not against any religion, seeks protection for women: NDA members tell Assam Assembly Guwahati: MLAs representing the ruling NDA in the Assam Assembly on Wednesday said the Uniform Civil Code Bill, introduced in the House two days ago, seeks to protect women's rights and is not against any religion or religious practice.

MDS9 KA-CM-GUV (12.21 PM)

K'taka CM Siddaramaiah seeks time to meet Guv Gehlot on Thursday Bengaluru: Amid intense speculations of a change of guard in the state in the next two days, Karnataka Chief Minister Siddaramaiah has sought time from Governor Thaawarchand Gehlot for an appointment on May 28, sources in the CMO said on Wednesday.

DEL25 HEALTH-YOGA DAY-KOLKATA (12.31 PM)

Kolkata to host International Yoga Day main event on June 21: Ayush Minister Jadhav New Delhi: The main event of the International Day of Yoga 2026 will be held in Kolkata on June 21, Union Ayush Minister Prataprao Jadhav announced on Wednesday.

LEGAL LGD21 SC-2NDLD SIR (12.58 PM)

SC upholds EC's power to conduct SIR, says exercise 'breathes life' into mandate for fair polls New Delhi: The Supreme Court on Wednesday upheld the Election Commission’s power to conduct a Special Intensive Revision (SIR) of voter rolls and said the exercise "breathes life" into the constitutional mandate for fair elections.

LGD17 SC-AMAZON (11.42 AM)

SC sets aside NCLAT order which rejected Amazon's appeal New Delhi: The Supreme Court on Wednesday set aside the NCLAT's June 2022 order which had rejected US e-commerce giant Amazon's appeal against an anti-trust suspension of its investment deal with Future Group.

FOREIGN FGN11 US-NASA-LD MOON (6.35 AM)

NASA unveils 3-phase plan for permanent moon base; 3 missions this year Washington: After a successful lunar flyaround, NASA has announced three missions to the moon as part of efforts to establish a permanent base on the earth's natural satellite. By Sagar Kulkarni

FGN13 SINGAPORE-INDIA-FOOD INDUSTRY (7.19 AM)

'India's agri sector-food industry must adapt to withstand climate impacts' Singapore: India's agriculture sector and food industry will need to ramp up adaptation measures to withstand increasing climate impacts, a leading climate organisation has said. By Gurdip Singh

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