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IATA cuts forecast for airline profits as US-China trade war intensifies

“Trust in the certification system has been damaged — among regulators, between regulators and the industry and with the flying public,” IATA Director General and Chief Executive Officer Alexandre de Juniac said in a speech on Sunday in Seoul. “While Boeing and the US Federal Aviation Administration are at center stage, the close collaboration of counterpart manufacturers and civil aviation authorities around the world is essential. Any rift between regulators is not in anybody’s interest.”

Mercury set to rise in NW India; Rajasthan’s Ganganagar hottest at 49.6degC

Speaking exclusively to ANI, M Mohapatra, Director General, IMD’s meteorology, said: “Severe heatwave condition is persisting in many parts of Punjab, Haryana, Chandigarh, Delhi, Rajasthan, southern Uttar Pradesh, northern Madhya Pradesh and some parts of Jharkhand.” 
Mahapatra also predicted that around June 6, monsoon will be hitting Kerala. The southwest monsoon is expected to hit Odisha coast within two weeks after its onset in Kerala. 

Cabinet launches pension covers for farmers and retail traders

The new UnionCabinet under PM Modi approved the Pradhan Mantri Kisan Pension Yojana under which small and marginal farmers will get a minimum fixed pension of Rs 3,000 per month on attaining the age of 60 years. Cabinet in its meeting also approved a new scheme that assures minimum monthly pension of Rs 3,000 to all shopkeepers, retail traders and self-employed persons after attaining the age of 60 years