📌 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.
