- RCB secures second consecutive IPL title with 5-wicket win over GT
The Royal Challengers Bengaluru (RCB) triumphed over the Gujarat Titans by five wickets in the 2026 Indian Premier League (IPL) final at the Narendra Modi Stadium in Ahmedabad on Sunday.
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- Rupee strengthens against US dollar, but concerns over oil prices and outflows persist
On Monday (June 1), the Indian rupee opened 3 paise higher at 94.97 against the US dollar, up from the previous close of 95.00, despite pressure from rising crude oil prices and concerns about foreign portfolio outflows.
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- Heatwave dissipates across India; monsoon set to progress further into Kerala and Tamil Nadu
The heatwave conditions across India have eased as the southwest monsoon is anticipated to move deeper into portions of Kerala, Tamil Nadu, Lakshadweep, and nearby areas in the coming days.
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- Coinbase introduces direct rupee transactions in India
Cryptocurrency exchange Coinbase has rolled out direct deposit and withdrawal services in Indian rupees (INR) for retail users in India, marking a significant expansion in one of the world’s largest cryptocurrency markets.
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- South Korea’s exports show robust growth, supporting a hawkish central bank stance
South Korea’s exports have maintained a strong trajectory in May, bolstering the central bank’s increasingly hawkish outlook, driven by rising demand for semiconductors. This growth in exports is occurring despite mounting geopolitical tensions and inflation concerns.
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- Delhi and Kolkata see uptick in commercial LPG cylinder prices from June 1; domestic prices stable, check new rates
On Monday, June 1, Indians were faced with higher costs for commercial LPG cylinders as oil marketing companies raised prices for 19-kg cylinders in major cities, while keeping domestic gas prices unchanged, according to ANI sources.
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- Bernstein outlines three key themes crucial for any market relief rally; downgrades staples and autos
Brokerage firm Bernstein has reaffirmed its “neutral” view on Indian equity markets while maintaining its year-end Nifty 50 target of 26,000 in its recent note issued on Monday, June 1.
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- Trump’s cuts to Ukraine aid hinder justice for Russian war crimes
Since the Nuremberg trials of Nazi war criminals, the U.S. has been a proponent of accountability for grave atrocities worldwide, promoting investigations and tribunals. However, the Trump administration reduced funding by tens of millions of dollars.
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- LIC explores fintech opportunities, strategic investments also being considered: CEO Doraiswamy
Insurance leader LIC is actively exploring the creation of a fintech division, either through strategic investments or organic growth, to meet its increasing digital demand, according to CEO and MD R Doraiswamy. He mentioned that LIC is assessing the value propositions of several options.
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- Emmanuel Macron celebrates PSG’s UEFA victory as a response to critics | Luis Enrique | N18G
French President Emmanuel Macron welcomed Paris Saint-Germain at the Élysée Palace to commemorate the club’s historic UEFA Champions League win. PSG claimed their second consecutive European title by defeating Arsenal 4-3 on penalties in Budapest, Hungary. Macron congratulated the players and coaching staff during the ceremony.
????AI WRAP: 1 June 2026
US Closes Nvidia Chip Loophole
• Commerce Dept Closes Year-Old Export Loophole
• Blackwell & Rubin Chips Reached Chinese Firms Via Overseas Units
• Licence Requirements Now Apply Regardless Of Entity Location
Dell: AI Server Boom & New XPS 13
• Q1 AI Server Revenue Up 757% To $16.1 Billion
• Stock Surges 33%; Full-Year Guidance Raised To $165-169 Billion
• New XPS 13 Unveiled At Computex; Starts At $699
Nvidia’s Jensen Huang At Computex
• Taiwan Is “Epicentre Of The AI Revolution”: Huang
• Nvidia To Spend $150 Billion Per Year In Taiwan
• New Taiwan HQ To Break Ground This Year; Ready By 2030
Meta Developing AI Pendant
• Meta Reportedly Building AI-Powered Wearable Pendant
• Testing Expected To Begin Within A Year: The Information
• Builds On Limitless AI Wearable Startup Acquired In 2025
Google’s 32 Million Mosquito Plan
• Google’s Debug Project Seeks EPA Approval For Release
• 32 Million Sterile Male Mosquitoes; California & Florida
• AI & Robotics Used For Breeding, Sorting & Deployment
