▶️ Tata Auto Eyes $100 Billion: Tata Group expects its automotive business to reach $100 billion in revenue over the next five years, driven by EVs and global expansion.
▶️ Energy Storage Demand Soars: India’s energy storage requirement is projected to reach 888 GWh by 2035-36, highlighting the scale of the country’s renewable energy transition.
▶️ Govt Eyes MSME Boost: The Centre is preparing fresh policy measures to strengthen the MSME manufacturing ecosystem and enhance competitiveness.
▶️ Google Expands AI Infrastructure: Google plans to establish more AI data centres in India to meet rising cloud and artificial intelligence demand.
▶️ Biometric UPI Gains Pace: NPCI reported that biometric UPI transactions crossed 600 million in June, reflecting rapid adoption of digital payments.
▶️ Monsoon Hits Kharif Sowing: Kharif sowing has declined by over 20% due to delayed and deficient monsoon rainfall, raising concerns over farm output.
▶️ SEBI Tweaks FPI Rules: SEBI has amended foreign portfolio investor rules, making registration fee payments mandatory in Indian rupees.
▶️ France Backs Rare Earth Push: France has offered a processing partnership to support India’s ambitions in rare earth minerals, helping diversify critical supply chains.
