Daily Current Affairs – June 1, 2026

A majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This decision comes amid concerns over geopolitical tensions and adverse weather forecasts, which threaten economic growth and could fuel inflation.

Myanmar President Min Aung Hlaing's visit to India presents a significant opportunity for New Delhi. India aims to secure rare earth minerals from Myanmar, a resource currently dominated by China. Discussions will focus on harnessing these valuable elements. Bilateral trade is also expanding, with potential for increased Indian exports to Myanmar.

Lawmakers from the Nepali Congress and the Nepal Communist Party demanded that the Prime Minister clarify where exactly Nepal has encroached upon Indian territory and sought the removal of his remarks from the record.

RJD leaders say Minister Ram should question why government is repeatedly changing his residence, after he claimed Rabri Devi was refusing to vacate because he was from the Dalit community

“I said on the campaign trail that I wouldn’t be attending the parade, and I’ve made my views on the Israeli government abundantly clear,” Mr. Mamdani had earlier told a news conference

Lawmakers from the Nepali Congress and the Nepal Communist Party demanded that the Prime Minister clarify where exactly Nepal has encroached upon Indian territory and sought the removal of his remarks from the record.

PB Fintech founders sold shares worth Rs 665 crore. Yashish Dahiya and Alok Bansal offloaded stock on Friday. Major investors like Goldman Sachs and Morgan Stanley bought these shares. This follows previous stake sales by the founders. PB Fintech reported strong revenue and profit growth for the January-March quarter. The company's stock has seen significant fluctuations since its IPO.

Japan's Nikkei share average surged past 67,000 for the first time, driven by AI-related stocks. SoftBank Group became the country's most valuable company, overtaking Toyota, after pledging significant AI infrastructure investment in France. Despite broader market weakness, tech shares propelled the index to new heights.

Since its 2020 launch, the scheme has reached over 7.55 million vendors, with government data pointing to rapid digital adoption and rising formal credit penetration.

A government study found trucks spend so much time loading and unloading cargo that the benefits of India's high-speed highways are being diluted, prompting a push for time-bound deliveries and faster turnaround at warehouses and factories.

Having become the first Indian to cross 8,000 points in decathlon, the 27-year-old is eyeing bigger things; he is open to the idea of competing in multiple events at the Glasgow Commonwealth Games