▶️ RBI Deposit Drive Nears $10 Billion: India has attracted nearly $10 billion in foreign currency deposits under the RBI’s special scheme to support the rupee and strengthen forex reserves.
▶️ India-Maldives Advance FTA Talks: India and the Maldives concluded the first round of Free Trade Agreement (FTA) negotiations, making progress across key sectors.
▶️ TCS Wins JFK Airport Deal: TCS secured the technology contract for New York’s JFK Airport Terminal project, one of the largest airport infrastructure developments globally.
▶️ Direct Tax Collections Rise: Net direct tax collections have increased 16% so far in FY27, reflecting healthy economic activity and improved tax compliance.
▶️ India Inc Raises More Overseas Funds: Overseas fundraising by Indian companies accelerated to $4.7 billion in May, according to RBI data.
▶️ Nuclear Power Push: The Naveen Jindal Group is exploring projects across nine states to develop 18 GW of nuclear power capacity.
▶️ EV Market Leaders Strengthen Hold: TVS, Bajaj, Hero MotoCorp and Ather accounted for 96% of electric two-wheeler growth in the first half of 2026, while Ola Electric lost market share.
▶️ Private Sector Gets Defence Opportunity: The Centre has invited private companies to build high-altitude surveillance airships, expanding private participation in defence manufacturing.
