Cyclone Biparjoy weakens in strength after making landfall in Gujarat, but causes destruction; India clears purchase of 30 armed drones from U.S. in a first-of-its-kind deal; India’s domestic air traffic rises 15% in May; Indigo gains market share; ECB raises rates as anticipated and points to one more lined up…All this and much more on your daily podcast by Alex Mathew and Niraj Shah.