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PM Modi concludes China visit, leaves for home

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PM Modi concludes China visit, leaves for home

Next Informal Summit expected in India

Prime Minister Narendra Modi, having spent 24 hours in Chinese city of Wuhan for holding historic informal summit, first of its kind, with President Xi Jinping, has today left for New Delhi.

During the summit Modi and Xi underlined the importance of maintaining peace and tranquillity in the border region. They will issue strategic guidance to their respective militaries to strengthen communication in order to build trust and mutual understanding. The two sides will also work together in implementing confidence building measures.

Modi and Xi decided to strengthen the Closer Development Partnership in a mutually beneficial and sustainable manner. This will be conducive for the development and prosperity of the people as well as the region.

PM Modi  held one-on-one talks with Xi which is being seen as an effort by India and China to rebuild trust and improve ties that were hit by the 73-day-long Dokalam standoff last year.

Two leaders have also agreed to undertake a joint economic project in Afghanistan, a first of its kind by the two countries in the war ravaged country. Officials of both sides will identify the project in following up discussions and work out modalities. Observers believe that India-China cooperation in Afghanistan may irk Pakistan.

The two leaders will seek a fair settlement to their border disputes, and to this end Special Representatives appointed by the two governments will play a key role.

The two leaders have recognised the common threat posed by terrorism and committed to cooperate further on counter-terrorism efforts. However, the issue of getting Jaish-e-Mohammad chief Masood Azhar enlisted as designated terrorists at UN, was not discussed in particular.

The two countries have also agreed to push forward bilateral trade and investment in a balanced and sustainable manner by taking advantage of complementarities between the two countries. Both the leaders reiterated the importance of building an open and pluralist global economic order in which all countries can freely participate to pursue their development.

The two leaders have agreed to hold more informal Summit for direct, free and candid exchange of views. Both agreed that meetings on the lines of Wuhan summit will determine the future direction of ties between the countries. Before leaving, PM Modi extended invitation to Xi to India for a similar informal summit next year.

The two leaders began their informal meetings way back in 2014 when Xi was hosted by PM Modi at the Sabarmati Ashram of Mahatma Gandhi in Gujarat. They have met and interacted in about a dozen international meetings.

This was the fourth China visit for PM Narendra Modi after he came to power in 2014. He is expected to visit China to take part in the Shanghai Cooperation Organisation (SCO) summit to be held at Qingdao city on June 9-10.

PM Modi was seen off by Chinese Vice Foreign Minister, Kong Xuanyou and Chinese Ambassador to India, Luo Zhaohui and other officials at Wuhan airport.

India News

People will come and go, says Sanjay Raut amid revolt by six Sena UBT MPs

Sanjay Raut said Shiv Sena (UBT) is not dependent on MPs and will continue to move forward despite a rebellion by six Lok Sabha members.

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Shiv Sena (UBT) MP Sanjay Raut

Senior Shiv Sena (UBT) leader Sanjay Raut has sought to downplay the impact of a rebellion by six Lok Sabha MPs from the party, asserting that the organisation will continue to move forward despite the latest political setback.

Speaking as Shiv Sena marked its 60th foundation year, Raut said the party’s future does not depend on elected representatives and that it has overcome several challenges during its long history. He remarked that people may come and go, but the party continues its journey forward.

The comments come amid growing turmoil within the Uddhav Thackeray-led faction after six MPs signalled their intention to break away. According to reports, the rebel lawmakers are dissatisfied with the leadership style of Uddhav Thackeray and have also expressed concerns over the party’s closeness to the Congress.

Among those seeking to leave the party are MPs Omraje Nimbalkar, Sanjay Dina Patil, Sanjay Jadhav, Sanjay Deshmukh, Nagesh Patil Ashtikar and Bhausaheb Vakchaure. Reports indicate that the lawmakers recently met Lok Sabha Speaker Om Birla and cited concerns about the party’s political direction.

Party can rebuild after setbacks, says Raut

Referring to the latest round of defections, Raut maintained that Shiv Sena (UBT) has faced betrayals and internal challenges before and has always managed to recover. He stressed that the party remains cadre-based and is not dependent on MPs or MLAs for its existence.

The Rajya Sabha MP also accused the ruling BJP of attempting to weaken regional political parties across the country. According to Raut, efforts have been made over the past decade to diminish the role of regional forces, and a healthy democracy requires a strong opposition.

The rebellion has intensified speculation about another split within the Thackeray camp, which has already faced major political upheaval in recent years. However, the party leadership has indicated that it intends to continue its organisational work and focus on rebuilding support despite the current crisis.

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Delhi High Court denies interim relief to Telegram in challenge against NEET-related ban

Telegram did not receive interim relief from the Delhi High Court in its challenge to the Centre’s temporary restriction imposed before the NEET-UG 2026 re-examination.

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Delhi High Court issues notice to the Centre but does not stay the temporary restriction imposed ahead of the NEET-UG 2026 re-examination.

Messaging platform Telegram has not received interim relief from the Delhi High Court in its challenge to the Centre’s temporary restriction on the app ahead of the NEET-UG 2026 re-examination.

The court issued notice to the Union government and agreed to hear the matter, but did not pass any immediate order suspending the restriction. The temporary curbs were imposed until June 22 as part of measures aimed at preventing exam-related fraud and the circulation of fake paper leak claims before the June 21 re-test.

Telegram has argued that the restriction affects millions of users and is disproportionate to the alleged misuse by a small number of individuals. The company has also questioned the legality and procedure followed while imposing the restriction.

During the proceedings, the Centre defended its decision, maintaining that the measure was necessary to protect the integrity of the high-stakes medical entrance examination. Government representatives argued that Telegram had been used to spread leaked exam material, misinformation and fraudulent claims linked to the examination process.

The court sought the Centre’s response and scheduled further consideration of the matter. Until a final decision is reached, the temporary restriction remains in effect.

The dispute comes amid heightened scrutiny of examination security following the cancellation of the original NEET-UG 2026 exam and the decision to conduct a re-examination for affected candidates.

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IT stocks drag markets lower as Accenture outlook sparks selloff

A sharp selloff in IT stocks after Accenture’s weak outlook weighed on Indian markets, pushing Sensex and Nifty lower while major technology shares recorded significant losses.

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Indian equity benchmarks came under pressure on Friday as a sharp decline in information technology stocks erased a portion of the gains made during the recent market rally. Weak guidance from global technology services giant Accenture triggered concerns about demand trends in the IT sector, leading to broad-based selling across major Indian technology companies.

The benchmark Sensex and Nifty opened lower, while the Nifty IT index emerged as the worst-performing sectoral gauge of the day. Shares of major IT firms, including TCS, Infosys, Wipro and HCLTech, witnessed steep declines as investors reacted to concerns over slowing technology spending and limited visibility on future demand.

Accenture guidance rattles investor confidence

Market sentiment weakened after Accenture reported quarterly results and revised its revenue outlook, citing softer demand conditions. The development raised concerns about the broader global technology services industry, particularly for Indian IT companies that derive a significant portion of their revenue from overseas clients.

Analysts noted that Accenture’s cautious commentary added to existing worries about discretionary technology spending and delayed client decision-making. The company’s outlook is often viewed as an indicator of global demand trends for IT services.

Nifty IT sees sharp decline

The Nifty IT index dropped more than 5%, with all constituent stocks trading in negative territory. TCS, Infosys, Wipro and HCLTech were among the major laggards, falling between roughly 3% and 8% during trading.

The weakness in technology shares also weighed on broader market sentiment, ending the momentum seen in recent sessions. Investors turned cautious amid concerns about global growth, technology spending trends and earnings visibility for export-focused IT companies.

Broader market under pressure

Apart from the IT selloff, analysts pointed to profit-booking after the recent rally, weaker global cues and risk aversion among investors as additional factors behind the market decline. Mid-cap and small-cap indices also traded lower, reflecting broader weakness across sectors.

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