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PM Modi congratulates Shehbaz Sharif on becoming Pakistan’s PM for 2nd time

Pakistan’s Shehbaz Sharif took the oath on Monday to officially become prime minister for a second time.

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Prime Minister Narendra Modi today, on Tuesday, congratulated Shehbaz Sharif on his reelection as Pakistan’s Prime Minister.

Congratulations to CM Shehbaz on being sworn in as the Prime Minister of Pakistan, PM Modi wrote in a post on X, formerly known as Twitter.

A day earlier, in a parliamentary session, Shehbaz Sharif was elected as the new prime minister of Pakistan and he took the oath of office on Monday.

Following the swearing-in ceremony, the recently elected prime minister addressed his finance team for the first time and gave them instructions to start discussions with the International Monetary Fund (IMF) on an extended financial facility. The existing arrangement expires in April, as per reports.

The 72-year-old thanked his elder brother and three-time former prime minister Nawaz Sharif and allies profusely in his victory speech in the National Assembly shortly after he was elected as the 24th prime minister and for the second time since 2022 for their trust and for enabling him to lead a coalition government after last month’s election resulted in a hung Parliament.

According to Sharif, his government would not permit the nation to participate in any great game and would maintain friendly ties with neighbors founded on equality.

Shehbaz said, he will maintain their ties with neighbors based on equality. But Shehbaz brought up the Kashmir dispute and linked it to Palestine.

The election on February 8 was tainted by a ban on mobile internet, arrests, and violence during the lead-up. The results were unusually delayed, which led to claims that the vote was manipulated.

From April 2022 till August 2023, he served in the same capacity, succeeding cricketer-turned-politician Imran Khan, who was removed following a vote of no confidence.

The swearing-in ceremony took place on Monday in Islamabad, Pakistan’s capital. The oath of office was administered by President Arif.

In the 77-year history of Pakistan, Sharif is the 24th prime minister.

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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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