Morning Digest: D.K. Shivakumar set to take over as Karnataka CM; U.S. sanctions Iran’s largest crypto exchange over IRGC links, and more
This digest covers the transition of power in Karnataka, U.S. sanctions on an Iranian crypto exchange, and a student's testimony regarding CBSE exam irregularities. It also notes the Indian government's stance on border issues with Nepal.
Why it matters
These updates provide a snapshot of significant political, financial, and educational developments across India and the international stage.
The stage is set for eight-time legislator and Karnataka Pradesh Congress Committee president D.K. Shivakumar to be sworn in as the 34th Chief Minister of Karnataka on Wednesday (June 3, 2026) evening at Lok Bhavan, which completes the leadership transition from outgoing Chief Minister Siddaramaiah that started last week. The list of Cabinet ministers – speculated to be between 10 and 15 – to be sworn in along with Mr. Shivakumar is expected to be released by the Congress central leadership on Wednesday.
The digest provides a neutral summary of multiple disparate news events without editorializing.
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