In a pointed address to Border Security Force (BSF) personnel in Poonch, Union Home Minister Amit Shah underscored India’s decisive blow to Pakistan’s surveillance network during Operation Sindoor. This offensive has significantly hampered Pakistan’s ability to wage a fully informed conflict, Shah asserted, suggesting it could take years to rebuild. While lauding the BSF’s resilience and precision, he also met with families affected by the hostilities and emphasized India’s unwavering stance against terrorism.

In a fiery address, West Bengal Chief Minister Mamata Banerjee condemned Prime Minister Narendra Modi for allegedly using misleading narratives about the recent violence in Murshidabad to polarize voters. She dismissed the BJP’s cultural campaigns as political theatrics, challenging the ruling party to face elections right away. Banerjee’s impassioned remarks underscored her party’s readiness and determination to counter what she described as the BJP’s divisive tactics.

The Supreme Court of India welcomed three new judges today—Justices N.V. Anjaria, Vijay Bishnoi, and Atul S. Chandurkar—solidifying the Court's full complement of 34 judges. Their appointments, which were approved by the President on May 29 following recommendations from the Supreme Court Collegium, reflect a broadening of judicial perspectives across different High Courts. Justice Anjaria previously served as Chief Justice of the Karnataka High Court, Justice Bishnoi as Chief Justice of the Gauhati High Court, and Justice Chandurkar as a judge of the Bombay High Court. Chief Justice D.Y.

Gold prices retreated on Friday, shedding recent gains as a resurgent US Dollar offset safe-haven demand driven by escalating trade tensions. The yellow metal slipped to around Rs. 3,280 in North American trading hours, pressured by a stronger dollar that rose to nearly 99.60 on the US Dollar Index. Renewed fears of trade discord emerged after former President Trump accused China of breaching bilateral trade pacts, heightening investor caution.

India is set to make a major breakthrough in technology manufacturing with the launch of its first indigenously developed semiconductor chip, ranging between 28 to 90 nanometres, this year. Union Minister for Electronics and IT, Ashwini Vaishnaw, shared the milestone at the Confederation of Indian Industry’s Annual Business Summit, underlining the government’s strategic approach and focus on high-demand market segments.

Maharashtra has secured a remarkable Rs. 1,64,875 crore in foreign direct investment (FDI) for the financial year 2024-25, accounting for 40 percent of India’s total FDI inflow, according to Chief Minister Devendra Fadnavis. Sharing the data on social media, Fadnavis highlighted the state’s impressive performance in the final quarter of the fiscal year. This surge underscores Maharashtra’s robust investment climate, reaffirming its position as India’s most attractive destination for foreign investors.

Indian equities drifted lower on Friday, reflecting global market jitters and investor caution ahead of crucial domestic economic data. The Sensex retreated 228.39 points to 81,404.63, while the Nifty fell 65.35 points to 24,768.25. Weaker global cues, renewed fears over U.S. trade tariffs, and lackluster performance in auto, metal and IT counters weighed on the mood. Even as institutional flows provided some stability, concerns over tepid corporate earnings relative to macroeconomic strength continued to cap upside potential.

Amid a flurry of excitement surrounding artificial intelligence, Anthropic CEO Dario Amodei has delivered a sobering message: AI could eliminate as much as 50 percent of entry-level white-collar jobs within the next five years. In a candid interview with Axios, Amodei emphasized the urgency of preparing for a future where automation encroaches on roles in technology, finance, law, and consulting.

In a decisive move, the Securities and Exchange Board of India (Sebi) has barred actor Arshad Warsi, his wife Maria Goretti, and his brother from the securities market for one year, following their involvement in a stock manipulation scheme linked to Sadhna Broadcast Ltd (now Crystal Business System Ltd). The scheme, which employed deceptive YouTube videos and paid promotions, was designed to inflate the stock’s value before unloading it on unsuspecting retail investors.

India’s economy exhibited a notable acceleration in the final quarter of FY25, with GDP growth reaching 7.4 percent—the highest in four quarters. Full-year growth stood at 6.5 percent, underscoring the country’s resilience amid a challenging global economic environment. The robust performance was largely attributed to a surge in public capital expenditure and heightened private sector investment activity. Government data released on May 30 suggests a broader economic revival, signaling optimism despite lingering concerns over global headwinds.