📌 India Meets FY26 Fiscal Deficit Target
The Centre achieved its fiscal deficit goal of 4.4% of GDP, reflecting improved fiscal management.
📌 UPI Transactions Hit Record ₹29.9 Lakh Crore
India’s digital payments ecosystem scaled a new peak with record transaction value in May.
📌 India-Oman Free Trade Pact Comes Into Force
The agreement is expected to boost exports, investments and trade flows between the two countries.
📌 Power Demand Touches All-Time High In May
Intense heatwave conditions pushed electricity consumption to a record level across the country.
📌 Industrial Output Grows 4.9% In April
India’s manufacturing and industrial activity showed steady growth under the revised IIP series.
📌 Passenger Vehicle Sales Surge To Record Levels
Strong demand helped major automakers, including Maruti Suzuki and Kia, achieve record May sales.
📌 India’s Seafood Exports Hit Record High
Seafood exports reached an all-time high in FY26, led by robust global demand for frozen shrimp.
📌 Banks Sanction ₹35,000 Crore Support For MSMEs
Fresh lending under the ECLGS framework aims to help businesses tackle the impact of the West Asia crisis.

