Kerala to launch Statewide public outreach initiative to revitalise health services
The initiative called โKayakalpamโ will be launched in Kozhikode on June 9.
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The initiative called โKayakalpamโ will be launched in Kozhikode on June 9.
India's crucial southwest monsoon has officially arrived in Kerala, three days later than anticipated. This marks the start of the four-month rainy season vital for agriculture. While the forecast was slightly off, the India Meteorological Department expects the monsoon to advance further across the country in the coming days, bringing much-needed rainfall.
A crucial 15.1 km corridor is nearing completion to seamlessly connect the upcoming Jewar International Airport with the Yamuna Expressway. This vital artery, part of the YEIDA master plan 2041, will significantly ease traffic flow for commuters from Noida, Greater Noida, and surrounding sectors. The project promises smoother airport access and a faster alternative route, bolstering the region's exponential development.
Ukraine is stepping up its game by launching strikes deep into Russian territory, aiming at vital oil and military assets to neutralize Moscow's combat advantages. The recent operations against air bases and munitions depots are meticulously planned to disrupt the flow of resources to Russian troops.
Traders in Reliance Industries Ltd.โs treasury department are strategizing over where to park the companyโs cash in case the Reserve Bank of India starts raising interest rates in the coming months.One proposal involves moving Relianceโs cash holdings from liquid mutual funds into short-dated money market instruments, people aware of the conglomerateโs thinking said. The switch may pay off because the yield spread between money-market papers and the benchmark rate has widened beyond its five-year average and is likely to narrow in the coming months, resulting in capital gains, the people said, asking not to be named as the information is private. Markets are currently expecting about 50 basis points of rate hikes this year, they said.Traders also mulled reducing allocation to longer-dated bonds, which tend to be more sensitive to interest-rate changes, the people said.The strategy discussion cited market expectations and the conglomerate didnโt take an explicit view on interest rates. Treasury departments typically consider a range of market scenarios when evaluating trading strategies.โWe categorically deny the information you have provided in your email regarding our opinion on interest rates and the behaviour of the rupee,โ a Reliance spokesperson said by email.131502003India's Overnight Swaps Reflect RBI Rate HikesThe view carries weight because Reliance runs one of the largest corporate treasuries in India. The discussion also come ahead of the Reserve Bank of Indiaโs rate decision on Friday, where the central bank is expected to announce measures to support the rupee.While most economists โ 29 out of 35 โ surveyed by Bloomberg News expect the authority to keep the benchmark rate unchanged, they see the RBI adopting a hawkish stance to prepare markets for potential rate hikes later this year amid inflation pressures triggered by an oil price shock.Indiaโs sovereign bond yields have remained broadly stable this quarter even as the rupee has slid to record lows. The currency has recovered in recent days, helped by RBI intervention and optimism that a US and Iran agreement may lead to the reopening of the Strait of Hormuz, a vital route for the countryโs energy imports.The rupee is down 6% this year and recently approached a record low of 97 per dollar. It has been hovering around 95-96 levels in recent days.Relianceโs traders expect the rupee to strengthen if a Middle East peace deal is reached and if the RBI takes measures to attract capital inflows, one of the people said. They have proposed that the owner of worldโs largest oil-refining complex partly hedge its long-term forward contract positions as well as coupon payments dues in fiscal year starting March 2028, the person said.
The upcoming announcement will finally fill the vital positions of state vice presidents, general secretaries, and state secretaries, along with heads of key frontal organisations
The Kerala High Court made headlines by ruling that late e-filing of police reportsโspecifically after the 5 pm cutoffโgives accused parties a right to statutory bail. Justice Kauser Edappagath set free two individuals detained for drug possession, reiterating that the enforcement of filing deadlines is vital to maintaining fairness and protecting the rights of those in the legal system.
While many tech firms scale back, Nvidia is aggressively hiring foreign talent via the H-1B visa program, increasing its certified positions. This surge reflects the company's immense demand for AI specialists and engineers, contrasting with competitors like Google and Amazon. CEO Jensen Huang emphasizes immigration's vital role in US technological leadership.
Krunal Pandya was instrumental in Royal Challengers Bengaluru's back-to-back IPL title wins in 2025 and 2026. He delivered crucial performances throughout the season, contributing significantly with both bat and ball. Captain Rajat Patidar acknowledged his vital role in the team's historic success.
New Delhi: India's CPI inflation is expected to rise by around 70 bps to 4.8 per cent with crude oil averaging USD 90/bbl in FY27, according to a report by 360 ONE Capital. This projection comes as the ongoing conflict in West Asia and a downgraded domestic monsoon forecast introduce fresh challenges to India's macroeconomic trajectory.The report noted that the conflict in West Asia and the resulting energy supply disruptions warrant a reassessment of key macroeconomic assumptions. "Our revised base case assumes de-escalation by mid-June, with crude oil averaging USD 90/bbl in FY27. Under this scenario, CPI inflation is expected to rise by around 70 bps to 4.8% (from 4.1%), while GDP growth moderates to 6.3% (from 6.7%). The fiscal deficit is projected to widen to 4.6% of GDP (from 4.4%), and the current account deficit to 2.1% of GDP (from 1.3%)," the report stated.Also read: India meets FY26 fiscal deficit goal at 4.4% of GDP despite revenue and global pressuresThe report noted that India's economic momentum remains stable due to domestic consumption and public spending, but geopolitical frictions pose tangible downside risks. Supply routes through the Strait of Hormuz are particularly vital, as India sources nearly 50 per cent of its LPG and around 30 per cent of its natural gas requirements through this route.Even though the "net petroleum import bill has declined from 5.5% of GDP in FY14 to around 3.0% in FY25, the economy remains exposed to a prolonged disruption in energy supplies."On the monetary front, global financial conditions continue to tighten as central banks react to persistent inflationary impulses. While the Reserve Bank of India is expected to keep policy rates unchanged in the upcoming meeting, domestic bond yields face upward pressure from a widening fiscal deficit and higher energy costs.Also read: Manufacturing activity at 3-month high in May despite cost woesThe report mentioned that the impact on macroeconomic variables is likely to be non-linear, implying significantly larger downside risks if the conflict persists. "A further USD 10/bbl increase in crude prices above our base assumption could push inflation to 5.6% (assuming a partial pass-through of around 5% to retail fuel prices), lower GDP growth by an additional 40 bps to 5.9%, widen the current account deficit to 2.5% GDP, and increase the fiscal deficit to 4.8% of GDP," the report added.Compounding these external geopolitical risks, the domestic agricultural outlook faces unexpected pressure. In its Second Long Range Forecast, the IMD downgraded the Southwest Monsoon 2026 forecast to 90 per cent of the Long Period Average (LPA) from 92 per cent estimated in April.This development represents the weakest monsoon outlook since 2015, which raises immediate concerns over overall agricultural output and rural demand.In the global perspective, the IMF has lowered its 2026 global growth forecast by 20 bps, citing risks from the Middle East conflict through higher commodity prices, inflation, and tighter financial conditions.The report stated that under the IMF's reference scenario, "global growth is projected at 3.1% in 2026 and 3.2% in 2027, below both the recent 3.4% pace and the historical average of 3.7%. In adverse scenarios, growth could slow to 2.5% or even 2.0%, accompanied by significantly higher inflation, with emerging markets expected to be disproportionately affected."
Escalating Middle East tensions are now focusing on the Bab al-Mandab Strait, a crucial global shipping lane. Iran, via its Yemeni allies, may use this chokepoint to pressure adversaries, potentially disrupting vital oil and goods transit. This raises fears of wider conflict impacting international trade routes and energy markets.
US Secretary of War Pete Hegseth lauded India as a vital partner in the Indo-Pacific, emphasizing its role in maintaining regional power balance. He also revealed plans for co-producing Javelin anti-tank missiles in India, a move aimed at bolstering collective defense capabilities and addressing US supply shortages. This collaboration signifies deepening interoperability and industrial cooperation between the two nations.
Before buying property, verify RERA registration to safeguard your investment. Unregistered projects offer fewer protections against builder fraud, misleading information, and project delays. Checking the Unified RERA portal or state RERA website using project details ensures transparency and legal recourse, providing vital project information and developer history.
India has dispatched vital medical supplies, including diagnostics and therapeutics, to aid the Democratic Republic of Congo's fight against the escalating Bundibugyo Ebola outbreak. The Africa CDC expressed deep gratitude for this crucial assistance, which was channeled through its regional hub in Uganda and is now being deployed to affected areas.
Buying a home involves crucial paperwork. Key documents like the Occupancy Certificate (OC), Completion Certificate (CC), RERA registration, and Sale Deed are vital. Understanding these ensures legal compliance, protects your investment, and prevents future disputes. Verify these carefully before finalizing your property purchase for peace of mind.
Vital installations, security personnel and religious sites were targets; weapons smuggled via drones. The 1st breakthrough was when sharpshooter Vijay โDonโ was arrested from Pune
Observers say the breakdown in Sonarpur occurred because the primary security perimeter failed to maintain a vital buffer zone between the arriving MP and the local population
Ukrainian drone strikes caused fires at more Russian oil facilities overnight into Saturday, local Russian officials said, in what appeared to be the latest attack on Moscow's vital oil industry.Read more: Ukraine-bound Russian drone crashes into Romanian buildingAuthorities in Russia's Rostov region said falling drone debris sparked a fire that damaged an oil depot and tanker in the port of Taganrog, while officials in the neighboring Krasnodar region reported a fire breaking out at an oil depot in Armavir for the same reason. "Another facility of Russia's oil industry has been reached - Armavir," Ukrainian President Volodymyr Zelenskyy wrote on X Saturday of the attack in the Krasnodar region, noting that Armavir is "500 kilometers from our state border." "We are rightfully bringing the war back to where it came from," he wrote. Our new long-range sanctions โ and this is 500 kilometers from our state border. We are rightfully bringing the war back to where it came from. Russia could have ended its aggression long ago, but instead chose to prolong and continue it. So another facility of Russiaโs oilโฆ pic.twitter.com/YrrTsLDMqP โ Volodymyr Zelenskyy / ะะพะปะพะดะธะผะธั ะะตะปะตะฝััะบะธะน (@ZelenskyyUa) May 30, 2026 Ukraine has expanded its mid- and long-range strike capabilities, deploying drone and missile technology that it has developed domestically to battle Russia's 4-year-old invasion. Attacks on Russian oil assets that play a key part in funding the invasion have become almost daily occurrences.Read more: Senior Ukrainian commander sees imminent 'turning point' in warFor its part, Russia has used its long-range ballistic missiles to damage Ukraine's power grid and hammer cities. The Ukrainian capital is bracing for further heavy bombardments after what the Russian Foreign Ministry said earlier this week would be upcoming "systemic strikes" on Kyiv. Zelenskyy said Thursday that he's being "very persistent" in pressing the United States to provide his country with more Patriot air defense missiles that can counter devastating Russian ballistic missile attacks. The attacks on Russian oil infrastructure came a day after a Russian drone that was part of an attack on Ukraine went astray and struck an apartment building in eastern Romania, injuring two people in the NATO member country. The incursion added to concerns that the war could spread across the alliance's borders, and drew strong condemnation across Europe.
Navy Chief Admiral Tripathi praises Uttar Pradeshโs vital contributions to the Indian Navy at the Nausena Shaurya Vatika inauguration