Daily Current Affairs – May 31, 2026

Maharashtra onion farmers are facing a severe financial crisis. They are urging the central government for a special Rs 10,000 crore revival package. Farmers have suffered significant losses due to export bans, price crashes, and natural calamities. The association seeks direct financial assistance and policy changes to support growers and the rural economy.

India faces economic challenges from the West Asia war. Rising energy prices and a weaker rupee are concerns. A poor monsoon could worsen food inflation, impacting rural demand and growth. The government emphasizes policy flexibility to manage these risks. Strong services exports and investment offer resilience. India's competitive pricing due to rupee depreciation could boost exports.

IAEA chief Rafael Grossi expressed ‌serious concern ​about the reported incident and said “Attacking ⁠nuclear sites is like playing ‌with fire.”

Even seasoned investors lose money due to behavioural biases, poor timing, and overreaction to market noise. Drawing on Bernard Baruch’s principles, the piece highlights how discipline, patience, and rational decision-making matter more than intelligence in navigating volatility, avoiding emotional traps, and achieving long-term success in equity markets.

Jupiter Wagons saw its net profit drop 72% to Rs 29 crore in the March quarter. Revenue also fell 25% to Rs 780 crore. The company's EBITDA declined 46%. For the full year, profit after tax decreased 56%. Jupiter Wagons shares have seen a decline. Indian Railways plans a large tender for freight wagons.

The move is aimed at securing long-term supplies of muriate of potash (MOP), a key fertilizer nutrient for which India is entirely dependent on imports

The central bank is working with countries like the UAE and Singapore to test international transfers, while expanding the digital currency at home for direct benefit transfers and retail shopping.

The Indians will play against the winner of the other semifinal, between the third seeded Indonesian pair of Fajar Alfian and Muhammad Shohibul Fikri and fifth seeds Liang Wei Kang and Chang Wang from China in Sunday's summit clash.