🌍 International News
Middle East crisis live: US and Iranian envoys meet Pakistani PM ahead of peace talks
Trump warns of fresh strikes if Iran talks fail – as it happened
- US–Iran Peace Talks
- High-level talks are happening in Pakistan to reduce tensions.
- Issues: nuclear program, Strait of Hormuz, and Middle East conflict.
- US warned of military action if talks fail.
- Middle East Crisis Impact
- Ongoing conflict affecting global oil supply and economy.
- Lebanon facing heavy damage due to airstrikes.
🇮🇳 India News
- India postpones global steel conference
- Reason: Middle East crisis affecting travel & logistics.
- India Economic Growth
- World Bank predicts 6.6% growth (FY27)
- Risk: oil prices & global tensions.
- RBI Update
- Repo rate unchanged at 5.25%
- Inflation risk due to rising oil prices.
- Forex Reserves
- India has around $697 billion reserves
- Enough for ~11 months of imports.
💰 Economy & Finance
- Rising crude oil prices → pressure on:
- Inflation
- Government spending
- Government may take austerity measures (reduce expenses).
🌡️ Environment / Climate
- India experiencing early heatwave conditions
- Temperatures reaching 38–42°C in some regions.
🧠 Quick One-Line Revision
- US–Iran peace talks ongoing in Pakistan
- India postpones steel conference
- India growth forecast: 6.6% (World Bank)
- RBI keeps repo rate at 5.25%
- Forex reserves strong at $697B
- Heatwave starts early in India
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