India has raised strong objections over the Asian Development Bank’s (ADB) decision to approve an USD 800 million loan to Pakistan. The Indian government expressed concerns that the funds could be misused to bolster Pakistan’s military spending, particularly in light of its increasing defense budget, declining tax-to-GDP ratio, and lack of meaningful economic reforms. While the ADB’s loan aims to enhance fiscal sustainability and public financial management in Pakistan, India insists on stringent safeguards to ensure the funds are not diverted for military purposes.

Gland Pharma has received approval from the US Food and Drug Administration (USFDA) for its generic version of Angiotensin II Acetate Injection 2.5 mg/mL, a medication used to manage blood pressure in critically ill patients. The Hyderabad-based pharmaceutical company has been granted "First-to-File" status, securing 180 days of exclusivity in the competitive US market. This move enhances Gland Pharma's footprint in the US, where the reference drug Giapreza generated approximately USD 58 million in sales over the last year.

Apollo Micro Systems, a prominent player in the aerospace, defence, and homeland security sectors, has successfully completed a preferential allotment of equity shares and convertible warrants, raising more than Rs 416 crore. The allotment was made to its promoter group, Non-Executive Director Aditya Kumar Halwasiya, and LIC Mutual Fund. The funds raised will be channelled towards expanding the company’s growth initiatives, fulfilling working capital needs, and enhancing its innovation capabilities in high-tech, mission-critical solutions.

KEC International, a global infrastructure powerhouse and a part of the RPG Group, has successfully secured orders worth Rs 2,211 crore across multiple business segments. The company’s Transmission & Distribution (T&D) division has won key contracts in the Middle East and the Americas, while its Oil & Gas Pipelines and Cables businesses have also garnered international orders. These wins reinforce KEC International’s strong foothold in the global infrastructure market and highlight its growing influence, especially in the Middle East, North Africa, and North America.

In a landmark move, Gujarat Co-operative Milk Marketing Federation Ltd (Amul) has partnered with Spain's renowned dairy cooperative, COVAP, to introduce Amul Milk in Spain and across the European Union. The partnership will initially launch in major Spanish cities such as Madrid and Barcelona, with plans for further expansion across Europe. This collaboration not only marks Amul’s first entry into the European market but also underscores the global reach of Indian cooperatives.

Adani Airports Holdings Ltd (AAHL), the largest private airport operator in India, has successfully raised USD 750 million in financing from a consortium of global banks, including First Abu Dhabi Bank, Barclays, and Standard Chartered. The funds will be used to refinance existing debt and fuel the expansion of infrastructure across six key airports, as well as enhance its non-aeronautical business operations. With a vision to triple its capacity by 2040, AAHL is poised to transform India's aviation sector, starting with the forthcoming Navi Mumbai International Airport.

On June 1, 2025, 18-year-old Gukesh Dommaraju made history by defeating chess legend Magnus Carlsen for the first time in classical chess. This victory, which came nearly six months after Gukesh's historic win as the youngest-ever World Chess Champion, marked a defining moment in his career. The victory in the prestigious Norway Chess tournament not only cemented Gukesh’s position among the world’s elite but also silenced any lingering doubts about his place in the chess world, proving that he was capable of competing with—and defeating—the greatest, Magnus Carlsen.

Nestlé India witnessed a 3.8% reduction in its permanent workforce during the fiscal year 2024-25, despite significantly increasing its capital expenditure to 10% of sales, up from 1.8% a decade ago. With total on-roll employees falling to 8,419 from 8,736 the previous year, the company simultaneously boosted median employee remuneration by nearly 5%.

In a significant breakthrough, the Central Bureau of Investigation (CBI) has arrested an individual from Hisar, Haryana, in connection with a harrowing case of child sexual abuse involving multiple minor victims. The accused has been charged with creating, possessing, and distributing Child Sexual Abuse Material (CSAM), in addition to committing acts of sexual assault and exploitation.

Indian astronaut Shubhanshu Shukla is set to embark on his historic maiden space journey aboard Axiom Space's fourth commercial mission to the International Space Station (ISS), slated for launch on June 10, 2025, from Florida's Kennedy Space Center. This mission marks a significant milestone for both India and Europe, as it includes the first-ever spaceflight for crew members from Poland and Hungary.