Inflation Watch: India’s retail inflation rose to 3.93% in May, edging up from 3.48% in April but still below the RBI’s 4% comfort zone, with food and transport costs driving the uptick. Forex & Markets: India’s foreign exchange reserves fell $711 million to $681.6 billion, while bond and equity sentiment stayed sensitive to oil and West Asia risks. SEBI Market Reform: SEBI is reviewing delisting and LODR norms to simplify exits and reshape capital-market rules, with the regulator also looking at bond index derivatives with the RBI. Trade & Deals: India and Switzerland reaffirmed commitment to deepen economic ties under TEPA, as Piyush Goyal pushed for stronger investment flows. India–Kenya: India discussed partnerships with Kenya to attract investment in agriculture, agro-processing, health, sports, education and capacity-building. Aviation Stress: West Asia’s crisis is forcing airlines to cut or cancel flights, creating financial strain and slot pressure. Air India Probe: A year after the AI-171 crash, AAIB said it has made “significant progress,” while families and pilots’ groups continue to demand transparency. Labour Rights: The ILO adopted the first gig-economy platform workers convention, extending protections to app-based workers worldwide. Social Impact: World Child Labour Day spotlighted how unpaid household work and child labour remain persistent economic blind spots.