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Exclusive  Over Rs 31,000-crore defence procurement plan heads to DAC? Army pitches for K9 Vajra guns, Verba missiles, drones, say sources

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Vedanta Demerger hits key milestone; four new companies to start trading on June 15

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Sources say that the proposals under consideration span four major categories: around 300 K9 Vajra self-propelled artillery guns, over 400 loitering munitions or kamikaze drones, 250 Verba MANPADS launchers with 5,000 missiles and about 2,000 Active Protection Systems (APS) for tanks and armoured vehicles.

The World Bank has revised its FY28 GDP growth projection for India.&nbsp;

The Central Government has exempted petrol blended with 22 per cent to 30 per cent ethanol from central excise duty, a move aimed at encouraging higher ethanol blending in transport fuel and reducing dependence on imported crude oil.

Big Update on Ethanol Blending! Petrol with 22%-30% blend gets excise duty exemption - Details

According to the Ministry of Textiles, 22 new applicants have recently been approved under Round-3 of the scheme. These companies are expected to bring in fresh investments worth Rs 2,339.14 crore and generate an estimated turnover of Rs 15,561.34 crore from notified textile products.

Textile PLI Scheme Round-3: Govt approves 96 companies, Rs 12,822 crore investment expected

The metro corridor is expected to be completed within the next four years.&nbsp;

Ahmedabad Metro gets Rs 2,169-crore boost: 10 things to know about new airport corridor

These guidelines administer the establishment and regulation of coal exchanges, the grant of long-term registration and the transformation of the coal marketing model while promoting transparency and ease of doing business.&nbsp;

Centre moves closer to launching coal exchange: Explained in 10 points

ATF prices for domestic airlines have risen by around 10 per cent as the government's Price Stabilisation Fund framework comes into effect. Here's what has changed and what it could mean for passengers.

ATF prices rise 10% after Price Stabilisation Fund takes effect: What it means for passengers

Gold imports have declined after the government increased import duties on gold and silver in May. The higher duty structure has raised import costs and is beginning to influence import trends.

Gold imports fall after import duty increase

The government has limited the Rs 300 LPG subsidy under the Pradhan Mantri Ujjwala Yojana to the first four refills each year. Here's what the change means for beneficiaries, eligibility, subsidy amount and LPG refill costs.

Ujjwala LPG subsidy: Subsidised cylinder quota reduced from 9 to 4; who will be affected?

Going forward, the country's balance of payments -- an accounting statement that records all international monetary transactions of a country over a given period -- is seen widening in FY27 due to a surge ​in its energy import bill.&nbsp;

India logs $7.1 billion BoP surplus in March quarter—What does it mean and what next?

A 14.2 kg LPG refill now costs Rs 942 for general consumers in the national capital, while PMUY beneficiaries effectively pay Rs 642 after a Rs 300 subsidy on the first four refills each year, according to an official oil ministry release.

&nbsp;

Indian households have lowest LPG rates despite 46% jump in global prices; here's why 

A new 100-km Bareilly-Haldwani Greenfield Expressway is expected to improve connectivity between Delhi-NCR and Uttarakhand's Kumaon region while reducing travel time towards Nainital and other hill destinations by more than three hours. The proposed four-lane corridor will bypass several congestion-prone stretches and provide faster access to tourist destinations such as Nainital, Bhimtal and Ranikhet.

Good news for Delhi-NCR travellers: New Haldwani expressway to cut Nainital travel time by over 3 hours

Domestic LPG Price Hike: Days after the price of commercial LPG was hiked, domestic cooking gas has also become costlier in India. The government on Sunday, June 7, announced a fresh price hike for domestic liquefied petroleum gas (LPG) cylinders. Check new rates:

LPG Price Hike: Another jolt for kitchen budgets! Domestic cylinder price up by Rs 29, check new rates

FSSAI has directed food businesses to stop using newspapers for packaging and serving food, warning that printing inks and contaminants may pose health risks.

FSSAI directs food businesses to stop using newspapers for packaging and serving food

India–US Trade Agreement: India and the United States are inching closer to finalising the first phase of their bilateral trade agreement, with both sides working towards a mid-July deadline for its implementation, Union Commerce and Industry Minister Piyush Goyal said during a press conference.

India–US trade deal first phase likely by mid-July: Piyush Goyal

Provisional government data showed India's economy grew faster than earlier estimated in FY26, with broad-based expansion across services, manufacturing and construction sectors.

&nbsp;

India registers 7.7% GDP growth in FY26 despite geopolitical shocks and weak global outlook

RBI Governor Sanjay Malhotra said the central bank expects healthy foreign currency inflows through ECBs and other measures, while revising its crude oil price assumption upward amid global uncertainties.

&nbsp;

RBI raises crude oil forecast to $95 per barrel; what it means for India

In a social media post on X (formerly Twitter), the food regulator said, "FSSAI has notified the Food Safety and Standards (Vegan Foods) Amendment Regulations, 2026. Effective from 1st July, 2027, all approved vegan food packages must carry the specified 'vegan' logo to ensure standard compliance &amp; consumer trust."

FSSAI mandates ‘vegan’ logo on approved food packages from July 2027

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced a series of measures aimed at attracting foreign capital and strengthening the country's external sector.

Big push for foreign capital! RBI unveils new measures to attract foreign investors

The government will implement the decision through an ordinance. It will amend the existing tax rules to provide the relief. The new provision will be effective from April 1.

Will FIIs make a comeback? Centre unveils major tax break for foreign investors

economy-infra

Sources say that the proposals under consideration span four major categories: around 300 K9 Vajra self-propelled artillery guns, over 400 loitering munitions or kamikaze drones, 250 Verba MANPADS launchers with 5,000 missiles and about 2,000 Active Protection Systems (APS) for tanks and armoured vehicles.

The World Bank has revised its FY28 GDP growth projection for India. 

The Central Government has exempted petrol blended with 22 per cent to 30 per cent ethanol from central excise duty, a move aimed at encouraging higher ethanol blending in transport fuel and reducing dependence on imported crude oil.

According to the Ministry of Textiles, 22 new applicants have recently been approved under Round-3 of the scheme. These companies are expected to bring in fresh investments worth Rs 2,339.14 crore and generate an estimated turnover of Rs 15,561.34 crore from notified textile products.

The metro corridor is expected to be completed within the next four years. 

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