📌 Cabinet Approves ₹10,000 Crore Airline Support Fund

The government cleared a major fund to protect airlines from sharp aviation turbine fuel (ATF) price fluctuations.

📌 India-US Trade Deal Weeks Away

The US Ambassador indicated that negotiations are nearing completion, raising hopes for a significant bilateral trade pact.

📌 Services PMI Climbs To 59.8 In May

India’s services sector recorded strong growth as demand and business activity accelerated during the month.

📌 Govt Clears ₹9,585 Crore Vehicle Replacement Scheme

A major initiative was approved to replace old trucks and buses in Delhi-NCR, aimed at reducing pollution.

📌 RBI And SEBI Tighten Oversight On Overseas Flows

Regulators are increasing scrutiny of foreign capital movements amid pressure on the rupee and global uncertainty.

📌 Wheat Procurement Exceeds Target At 35 Million Tonnes

Government procurement surged 17%, strengthening foodgrain stocks and boosting food security.

📌 India’s Fuel Exports Hit Lowest Level Since 2022

Exports declined sharply amid refinery maintenance and stronger domestic demand for petroleum products.