Siddaramaiah handed his resignation at Lok Bhavan on May 28, ending a three-year standoff over Karnataka's rotational-CM arrangement. DK Shivakumar takes oath June 3.
IMD's second-stage forecast puts June-September 2026 at 90% of LPA with a 60% chance of deficient rainfall - the first below-average monsoon call in three years, as El Nino nears certainty.
The June 3-5 MPC meeting faces converging pressure: WPI at a 42-month high of 8.3%, CPI at 3.48%, crude near $106/barrel, and a below-normal monsoon forecast. Most analysts expect a hold.
Sri Ganganagar hit 48.2C, Banda matched it. Here is the atmospheric science - anticyclonic ridges, absent Western Disturbances, soil feedback - behind North India's May 2026 heatwave.
India's southwest monsoon is set to reach Kerala around May 26, days ahead of its normal June 1 onset — even as Delhi and the north bake under 44°C heatwaves. What the IMD forecast says, and why El Niño is the wildcard.
After 125 basis points of cuts through 2025, the RBI has held the repo rate at 5.25% with a neutral stance. Here's what the pause means for borrowers, savers, and investors in India, explained in plain terms.