Edn is key to women empowerment: Prez

President Droupadi Murmu hands over a degree to an outgoing student during the seventh convocation ceremony of Sikkim University, in Gangtok, on Wednesday. (PTI)

PTI

GANGTOK, May 27: President Droupadi Murmu on Wednesday said education is a powerful tool for women’s empowerment.

Addressing the 7th convocation of Sikkim University in Gangtok, Murmu noted that women students dominated the list of medal recipients, adding that there cannot be a better example of women’s empowerment through education. “I am glad to note that 70 per cent of the students receiving medals are girls,” she said.

Praising the achievements of the women students, Murmu said they had attained academic excellence through talent, hard work and determination, and wished them success in their future careers.

She also shared a series of ‘mantras’ for success with graduating students. “Trust in your abilities, learn from the experience and knowledge of others, collaborate instead of isolating yourselves, prioritise short-term and long-term goals, and become self-reliant and successful contributors to the vision of ‘Viksit Bharat’,” she said.

The president also referred to the launch of the women-exclusive ‘Pink City Runner – Aama Didi Bahini Bus Sewa’ earlier in the day and thanked Chief Minister Prem Singh Tamang for giving her an opportunity to be a part of the initiative.

The newly launched bus service in Gangtok is operated entirely by women staff and dedicated exclusively to women commuters.

Murmu, who is on a three-day visit to Sikkim, also praised the Himalayan state for preserving its natural beauty and ecological balance. (PTI)

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(PTI) People stand near an eroded embankment along the Brahmaputra River, in Nagaon district of Assam on Wednesday. Heavy rainfall and rising water levels of the river have triggered severe soil erosion in the area.

Stock markets snap rally to end lower

PTI

MUMBAI, May 26: Market benchmark indices Sensex and Nifty ended lower in a volatile trade on Tuesday following a spike in crude oil prices amid reports of fresh US military operations in southern Iran.

Besides, losses in financial and banking stocks amid a weak rupee dragged the indices lower, traders said.

The 30-share BSE Sensex declined 479.26 points, or 0.63 per cent, to settle at 76,009.70. During the day, it tanked 579.28 points, or 0.75 per cent, to 75,909.68.

Similarly, the 50-share NSE Nifty dropped 118 points, or 0.49 per cent, to end at 23,913.70.

From the Sensex firms, Bharti Airtel, Trent, Tata Consultancy Services, Bajaj Finance, Titan and HDFC Bank were among the biggest laggards.

In contrast, Tech Mahindra, Eternal, Maruti and Adani Ports were among the winners.

The BSE MidCap Select index went up by 0.27 per cent, and the SmallCap Select index edged higher by 0.26 per cent.

Among sectoral indices, Consumer Durables dropped 0.86 per cent, Top 10 Banks (0.61 per cent), Realty (0.52 per cent), Hospitals (0.52 per cent), PSU Bank (0.47 per cent) and Bankex (0.31 per cent).

Utilities jumped 1.15 per cent, Metal (1.02 per cent), Power (0.86 per cent), and Capital Goods (0.52 per cent).

The rupee depreciated 47 paise to close at 95.73 (provisional) against the US dollar on Tuesday. Brent crude, the global oil benchmark, climbed 2.93 per cent to USD 98.96 per barrel.

Gold price drops Rs 2,800 to Rs 1.62 lakh/10g

PTI

NEW DELHI, May 26: Gold prices declined by Rs 2,800 to Rs 1.62 lakh per 10 grams in the national capital on Tuesday as military tensions between Washington and Tehran drove investors towards the US dollar. According to the All India Sarafa Association, gold of 99.9 per cent purity depreciated by Rs 2,800 to Rs 1,62,400 per 10 grams.

MEGHALAYA PUBLIC SERVICE COMMISSION LOWER LACHUMIERE, SHILLONG-793001

BRIEF ADVERTISEMENT.

Secretary, Meghalaya Public Service Commission. Shillong.

Email ID тАУ [email protected] Website: www.mpsc.meghalaya.gov.in

Advt No. 03/2026 Dated Shillong, the 25th May, 2026.

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LIST OF POST(S)

SL.No. Name of Post No. of Vacancies

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cbc 10601/11/0006/2627

Fuel price hikes could push inflation to 5 per cent: Economists

NEW DELHI, May 26: Fuel price hikes and higher import duties on gold and silver could push retail inflation to 5 per cent by June, but the RBI will wait and watch till the impact of fuel price hike settles in before tightening interest rates in the second half of the fiscal year, economists said.

Over a period of 11 days, starting May 15, petrol prices have been increased by Rs 7.38/ltr and diesel prices by Rs 7.48/ltr with some inter-city variation. These price hikes will directly cascade into impacting prices in sectors where petrol and diesel are used as inputs such as transport and storage and to some extent electricity.

Besides, the government on May 13 had hiked import duty on gold and silver to 15 per cent to curb non-essential imports.

“After an overall increase averaging about Rs 7.5/ltr in petroleum products, CPI inflation would go up by about 75 basis points. In May 2026, CPI inflation may thus be in the range of 4-4.5 per cent and June CPI may be in the range of 4.5-5 per cent,” EY India Chief Policy Advisor D K Srivastava told PTI.

The CPI inflation data for May is scheduled to be released on June 12.

“Since the increase in CPI is cost driven, adjustments in repo rate may have limited effect in containing inflation. RBI may like to wait until the fuel price hike settles down and examine its impact over a quarter before taking a decision. However, If CPI inflation crosses the level of 5 per cent and shows upward momentum, RBI may start tightening interest rates,” Srivastava said. (PTI)

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