Here’s the top development of the day in today’s morning news wrap:
Trump targets Harvard after University rejects federal demands
US President Donald Trump has threatened to revoke Harvard University‘s tax-exempt status, escalating a growing clash between the White House and the prestigious Ivy League institution. The threat follows Harvard’s refusal to implement a series of policy changes sought by the Trump administration, which included reforms to hiring practices, admissions policies, and academic curriculum. Read full story
SC to hear petitions against Waqf Amendment Act today
As the Supreme Court prepares to hear a set of petitions on Wednesday challenging the Waqf Amendment Act, advocate Hari Shankar Jain has filed a petition seeking the scrapping of several provisions of the Waqf Act, 1995, and its recent amendments. Jain claims these provisions are being misused by waqfs to illegally accumulate immovable properties across India. Read full story
India leads global rebound as markets shake off Trump tariff shock
Indian equities rallied sharply as markets reopened following an extended weekend, with the NSE Nifty 50 Index climbing as much as 2.4% in Mumbai—surpassing its April 2 closing level. According to Bloomberg, this rebound makes India the first major market to fully recover losses triggered by the reciprocal tariffs imposed by US President Donald Trump earlier this month. While broader Asian markets remain down over 3% since the tariff announcements, India’s swift recovery has highlighted its emerging status as a relative safe haven amid continued global market turbulence, the report noted. Read full story
IMD predicts ‘above normal’ monsoon for India this year
India is likely to receive an ‘above normal’ southwest monsoon this year, the India Meteorological Department (IMD) said in its first forecast for the June-to-September rainy season. A favourable monsoon outlook is crucial for agriculture, as it supports the expansion of Kharif (summer-sown) crop acreage and boosts overall farm production. Read full story
Chahal’s masterclass takes PBKS to victory, RJ Mahvash calls it ‘asambhav’
Yuzvendra Chahal once again showed why he’s among the most dangerous spinners in IPL history, delivering a game-changing performance as Punjab Kings (PBKS) pulled off a dramatic win over Kolkata Knight Riders (KKR) in Mullanpur on Tuesday. Following his impressive four-wicket haul, popular radio jockey and social media influencer RJ Mahvash praised him on Instagram, writing, “What a talented man! Highest wicket-taker in IPL for a reasonnnn!!! ASAMBHAV!”Read full story
