Daily Morning Brief- (29 May)- Top News from India, World, Economy and Odisha

India

1. Karnataka Leadership Change: DK Shivakumar Set to Succeed Siddaramaiah
Chief Minister Siddaramaiah is set to step down, with DK Shivakumar expected to take over. The leadership transition is seen as a key political development that could shape Karnataka’s governance, policy priorities, and electoral strategy in the coming years.

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2. Supreme Court Seeks Centre's Reply on CBSE Three-Language Policy
The Supreme Court has asked the Centre to respond to a petition challenging CBSE’s three-language policy for Class 9 students. Critics argue the rule places additional academic pressure on students and raises concerns over its implementation.

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3. Regional Party Donations Fall Sharply; TDP Tops Income List
An ADR report shows donations to 36 regional parties dropped by over 51%. Despite the decline, the Telugu Desam Party emerged as the highest earner with ₹228.31 crore, while several parties reported spending beyond their annual income.

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World

4. Trump’s Reported Remarks on Oman Boming Spark Global Attention
Reports claiming Donald Trump discussed possible military action involving Oman have triggered debate among international observers. If verified, the remarks could influence diplomatic relations and security discussions across the Middle East region.

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5. UN Warns Global Temperatures May Reach New Highs by 2030
A new UN climate assessment projects continued global warming over the next five years. Scientists warn that without stronger action to reduce emissions, the world could face more extreme weather events and rising environmental risks.

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Economy

6. Meta Introduces Premium Subscription Plans Across Platforms
Meta has unveiled paid subscription options for Facebook, Instagram, and WhatsApp. The plans offer exclusive features and customization tools, helping the company diversify revenue streams while continuing heavy investments in artificial intelligence technologies.

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7. Oil Companies Post Combined Profit of ₹77,800 Crore
Major oil firms reported a combined profit of ₹77,800 crore, supported by favorable market conditions and operational efficiencies. The earnings have renewed discussions around fuel pricing, consumer costs, and the energy sector’s profitability.

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8. Middle East Tensions to Raise Prices of Daily Care Products
Rising geopolitical tensions in the Middle East are disrupting supply chains and increasing production costs. Companies may respond through price hikes and shrinkflation, reducing product quantities while maintaining or increasing retail prices.

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Odisha

9. Odisha to start Plus Two Science Education in Odia language.
Starting this academic year, Odisha will introduce Odia-medium teaching for Plus Two Science subjects. The move aims to improve accessibility for students from regional-language schools and strengthen higher education opportunities in the mother tongue.

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10. BJD Reports ₹110 Crore Income, ₹288 Crore Expenditure
Financial disclosures show the Biju Janata Dal earned ₹110.14 crore but spent ₹288.44 crore during the year. A large share of the expenditure was linked to election-related activities and organizational campaigns across Odisha.

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