New Delhi, June 06: The Supreme Court on Friday allowed an application filed by the National Board of Examinations (NBE) seeking permission to schedule the National Eligibility-cum-Entrance Test (NEET)-PG 2025 on August 3.

A Bench of Justices Prashant Kumar Mishra and Augustine George Masih took note of the submission that August 3 was the earliest possible available date given by its technology partner for conducting the NEET-PG 2025 examination in terms of the recent apex court order.

Allowing the application filed by the NBE to conduct the NEET-PG 2025 examination on August 3, the Justice Mishra-led Bench clarified that no further time extension will be allowed by the top court.

In an order passed on May 30, the Supreme Court deprecated the practice of conducting the NEET-PG exam in two shifts and opined that holding the examination in two shifts leads to arbitrariness and cannot give a level playing field to the candidates.

It ordered the NBE to make necessary arrangements for holding the NEET-PG 2025 examination in one shift, duly ensuring that complete transparency is maintained and secure centres are identified and commissioned.

“The question papers in two shifts can never be of the same difficulty level. Last year, it (NEET-PG 2024) may have been held in two shifts in the facts and circumstances of that stage. But the examining body ought to have considered making arrangements for holding the examination in one shift,” the Supreme Court had remarked.

The apex court was dealing with a clutch of petitions challenging the lack of transparency in the conduct of the NEET-PG examination.

In their plea filed before the apex court, NEET-PG aspirants claimed that the introduction of two shifts, normalisation method, and change in the tie-breaker criterion affected medical students adversely. The petitioners said that NEET-PG had never been held in two shifts before and had always remained a single-shift and single-day examination to ensure a uniform examination standard and fairness of the national test.

Mumbai, June 06: RBI Governor Sanjay Malhotra on Friday announced a jumbo 50 basis points cut in the repo rate from 6 per cent to 5.5 per cent to spur growth in the economy, as inflation has come down below the lower RBI band of 4 per cent.

A lower policy rate leads to a decline in interest rate on bank loans which makes borrowing easier for consumers as well as businesses resulting in higher consumption and investments in the economy leading to higher growth.

However, the effectiveness of this rate cut will largely hinge on how quickly and efficiently commercial banks pass on the benefits to borrowers.

The RBI Governor said the repo rate has now been reduced 100 basis points in quick succession since February this year and hence, the monetary policy stance has been changed from accommodative to neutral.

This will enable the RBI to keep a close watch on the overall growth-inflation dynamics.

The RBI Governor informed the inflation rate has now declined to 3.2 per cent amid a broad-based moderation of prices, and there is a durable alignment of the inflation with the RBI’s band.

Accordingly, the RBI has also reduced its projection for the inflation rate from 4 per cent to 3.7 per cent.

Malhotra said that India was still the fastest-growing economy. The balance sheets of corporates, banks and the government were strong and the external sector was stable which reflected the robust fundamentals of the economy. The Indian economy offered attractive opportunities for both domestic and foreign investors, he added.

The uncertainties regarding rabi crops have abated considerably and the second advance estimates point to a record wheat production and higher production of key pulses over that last year. Robust kharif arrivals, are also expected to set the stage for a durable softening of food inflation.

According to the RBI, the sharp decline in inflation expectations would also help anchor inflation expectations, going ahead. Furthermore, the fall in crude oil prices augurs well for the inflation outlook.

The RBI Governor also announced a 100 basis points CRR cut, effective in 4 equal tranches of 25 basis points starting from September 6, October 4, November 1 and November 29.

The Governor said that the Indian economy offers immense opportunities to investors on the back of demography, digitalisation, and domestic demand.

Srinagar, June 05: Prime Minister Narendra Modi on Thursday said that June 6 is indeed a special day for my sisters and brother of Jammu and Kashmir as key infrastructure projects worth Rs 46,000 crore are being inaugurated including Udhampur-Baramulla-Srinagar Rail Link (USBRL) project.

The PM Modi said USBRL project will ensures all weather connectivity and the Vande Bharat trains from Shri Mata Vaishno Devi Katra to Srinagar will boost spiritual tourism and create livelihood opportunities.

In a post on X (formerly Twitter), Prime Minister Modi said: “Tomorrow, 6th June is indeed a special day for my sisters and brothers of Jammu and Kashmir. Key infrastructure projects worth Rs. 46,000 crores are being inaugurated which will have a very positive impact on people’s lives”.

“In addition to being an extraordinary feat of architecture, the Chenab Rail Bridge will improve connectivity between Jammu and Srinagar. The Anji Bridge stands tall as India’s first cable-stayed rail bridge in a terrain that is challenging”.

“The Udhampur-Srinagar-Baramulla Rail Link (USBRL) project ensures all weather connectivity and the Vande Bharat trains from Shri Mata Vaishno Devi Katra to Srinagar will boost spiritual tourism and create livelihood opportunities,” PM Modi said on X.

Tomorrow, 6th June is indeed a special day for my sisters and brothers of Jammu and Kashmir. Key infrastructure projects worth Rs. 46,000 crores are being inaugurated which will have a very positive impact on people’s lives.

In addition to being an extraordinary feat of…

— Narendra Modi (@narendramodi) June 5, 2025

He expressed these words while sharing chief minister Jammu and Kashmir Omar Abdullah’s post on X in which he informed about review of arrangements ahead of PM Modi’s visit to J&K.

“Visited the tallest railway bridge in the world, The Chenab Bridge, to review arrangements for the visit of the Hon PM @narendramodi  ji tomorrow. Tomorrow is a landmark day for J&K when, finally, the valley will be connected to the rest of the country by a railway link to be inaugurated at the hands of the Hon PM,” Omar Abdullah had said on X.