The government held an emergency meeting with major local steelmakers on Monday to discuss the impact of the United States' plan to double its tariffs on all steel imports to 50 per cent later this week, the industry ministry said.

The meeting, hosted by the Ministry of Trade, Industry and Energy, was attended by officials from POSCO Group, Hyundai Steel Co. and other major steel companies here, according to ministry officials.

Monday's meeting came after U.S. President Donald Trump said last week he will double tariffs on foreign imports of steel to 50 percent Wednesday (U.S. time), reports news agency.

The ministry said steel industry officials asked the government to swiftly share information on U.S. tariff measures and continue cooperation with the private sector to respond to them.

Four times Oscar winning filmmaker-actor Clint Eastwood has lamented about the era of “remakes and franchises”.

The venerated actor and director recently gave an interview to Austrian newspaper Kurier, urging fellow filmmakers to come up with original ideas and bemoaning the “era of remakes and franchises.”

“I long for the good old days when screenwriters wrote movies like Casablanca in small bungalows on the studio lot. When everyone had a new idea,” the Juror #2 director said, reports.

“We live in an era of remakes and franchises. I’ve shot sequels three times, but I haven’t been interested in that for a long while. My philosophy is: do something new or stay at home.”

Hamas affirmed its readiness to begin indirect negotiations over the Gaza ceasefire immediately.

In a press statement on Sunday, Hamas expressed its appreciation for the continued efforts by Qatar and Egypt to broker a ceasefire agreement.

The movement said that it is ready to "immediately begin a round of indirect negotiations" to address the outstanding issues with "the other party."

Hamas said the objective of the talks would be to end the "humanitarian catastrophe" in Gaza, ensure the delivery of relief aid to the Palestinian people, and achieve a permanent ceasefire accompanied by the complete withdrawal of Israeli forces from the Gaza Strip, news agency reported.

As the RBI’s Monetary Policy Committee (MPC) is set to meet later this week, analysts on Monday expected the Central Bank to go for a third consecutive rate cut of 25 basis points as inflation continues to remain below the median target of 4 per cent.

The Central Bank is projected to cut the repo rate by another 50 basis points (bps) this fiscal (FY26), after the 50 bps cut until April this year.

Bank lending rates have begun easing, which should support domestic demand, according to a latest Crisil note.

“Improving domestic consumption is likely to support industrial activity. We expect domestic consumption demand to improve, driven by healthy agricultural growth, easing inflation supporting discretionary spend and income tax relief this fiscal,” it noted.

According to Madan Sabnavis, Chief Economist at Bank of Baroda, “we do believe that given the rather benign inflation conditions and the liquidity situation which has been made very comfortable through various measures of the RBI, the MPC would go in for a 25 bps cut in the repo rate on June 6”.

The Unified Payments Interface (UPI) has posted a robust recover in the month of May by processing 18.68 billion transactions, up from 17.89 billion in April.

As per data by the National Payments Corporation of India (NPCI), the UPI transactions mark a 33 per cent year-on-year (YoY) surge compared to 14.03 billion transactions in the same month last year.

The UPI transactions rose to Rs 25.14 lakh crore (by value) last month, a 5 per cent increase from Rs 23.95 lakh crore in April. This reflects a 23 per cent rise from Rs 20.45 lakh crore in May last year.

The average daily transaction volume stood at 602 million, while the average daily transaction value reached Rs 81,106 crore.

Israel's Ambassador to the United Nations, Danny Danon, has condemned the violent attack on a group of Jewish demonstrators in Boulder, Colorado, as an act of terrorism following an incident where a man hurled Molotov cocktails at participants of a peaceful rally calling for the safe return of hostages from Hamas captivity.

The attacker, identified as 45-year-old Mohamed Sabry Soliman, was taken into custody following the assault, which left several individuals injured.

The protest, organised by the group Run For Their Lives, was held near the popular Pearl Street pedestrian mall and was intended to raise awareness about the hostages still being held in Gaza amid the ongoing war between Israel and Hamas.

In a post on X, Ambassador Danon wrote, "Terrorism against Jews does not stop at the Gaza border -- it is already burning the streets of America. Today, in Boulder, Colorado, Jewish people marched with a moral and humane demand: to return the hostages."

Punjab KIngs skipper Shreyas Iyer and Mumbai Indians captain Hardik Pandya both were fined after their respective teams maintained slow over-rates during their IPL 2025 Qualifier 2 face-off in Ahmedabad on Sunday.

As it was PBKS' second over-rate offence this season, Iyer was fined Rs 24 lakh. The rest of the team members were each individually fined either Rs 6 lakh or 25 per cent of their respective match fees, whichever is lesser.

On the other hand, this was MI's third such offence as a result of which Hardik was fined Rs 30 lakh and the rest of the team members were fined Rs 12 Lakh or 50 per cent of their respective match fees, whichever is lesser.

The Israel Defense Forces said in a statement that it successfully intercepted a missile launched from Yemen.

The missile was aimed at Ben Gurion International Airport outside Tel Aviv on Sunday. The airport was temporarily closed for takeoffs and landings, news agency reported.

It added that since March 18, 49 missiles have been fired from Yemen at Israel.

Meanwhile, Israel's Magen David Adom emergency service said in a statement that no casualties were reported.

The missile launch activated air defense sirens across large areas of central Israel, including Tel Aviv and West Jerusalem.

In a crackdown on criminals, Delhi Police’s west district unit arrested 130 people involved in various street crimes in May, including 15 robbers, 42 snatchers, 17 burglars and 56 thieves.

The police registered more than 81 cases of the Arms Act, Excise Act, Gambling Act, and NDPS Act in the month.

Giving details about the action, the police in a press release said that 25 Proclaimed Offenders (PO) were traced, and a huge recovery of cash, mobile phones, two-wheelers and jewellery was made. It also said that a concerted drive was carried out for action against public drinking and mischief-makers in the area.

In action against street criminals, 11 cases were solved with the arrest of 15 robbers. After 42 snatchers were caught, 32 cases were solved, and recovery of cash, 10 mobile phones, six gold chains and two-wheelers was done.

The Indian stock market opened in the red on Monday following negative cues from the global markets.

At around 9:18 am, Sensex was down 676.86 points or 0.83 per cent at 80,774.15 and Nifty was down 181.15 points or 0.74 per cent at 24,568.25.

Selling was seen in the midcap and smallcap stocks. Nifty midcap 100 index was down 104 points or 0.18 per cent at 57,315 and Nifty smallcap 100 index was trading 69 points or 0.39 per cent lower at 17,813.

In the Sensex pack, HUL, Adani Ports, IndusInd Bank, Nestle, SBI, Eternal (Zomato), Asian Paints and Power Grid were the top gainers. HDFC Bank, HCL Tech, Reliance Industries, Bajaj Finance, Infosys, Tata Steel and Tech Mahindra were the top losers.

According to analysts, the market structure favours continuation of the ongoing consolidation phase.