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Govt Forms Six Working Groups To Identify 100 Products For Import Substitution

New Delhi, June 5 -- The Indian government has constituted six sector-specific working groups to identify up to 100 products for promoting domestic manufacturing and reducing import dependence, an off... Read More


India-US Trade Talks Progressing Well, Deal a Priority: State Dept

New Delhi, June 5 -- The United States has expressed strong optimism over the progress of trade negotiations with India, reaffirming that a bilateral trade deal remains a priority for the Trump admini... Read More


India Steel Consumption Rises 9% In May On Strong Demand

New Delhi, June 5 -- India's steel sector sustained its growth trajectory in May 2026, recording year-on-year (YoY) gains across key production and consumption metrics, according to provisional data r... Read More


Auto Component Margins Seen At 10.5-11% In FY26 As West Asia Conflict Drives Up Costs: Crisil Ratings

New Delhi, June 5 -- Operating margins of India's auto component sector are expected to moderate by 100-150 basis points (bps) this fiscal to 10.5-11 per cent, down from approximately 12 per cent last... Read More


Sonowal Reviews Rs19,209 Crore Maritime Development Plan for West Bengal

New Delhi, June 5 -- Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal held discussions with Suvendu Adhikari in Kolkata on a proposed maritime investment pipeline worth Rs 19,209 cr... Read More


IICA To Hold PGIP Convocation, National Conference Marking 10 Years Of IBC

New Delhi, June 5 -- The Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, in association with the Association of Insolvency Professional Entities (AIPE), will org... Read More


India, US Hold Trade Talks in New Delhi to Advance Bilateral Trade Agreement Negotiations

New Delhi, June 5 -- A delegation from the United States Trade Representative (USTR), led by the Chief Negotiator, visited New Delhi from June 1-4, 2026, to continue discussions on the proposed India-... Read More


India, UK Launch Critical Minerals Supply Chain Observatory to Strengthen Resource Security

New Delhi, June 5 -- The Government of India and the United Kingdom have launched the India-UK Critical Minerals Global Supply Chain Observatory (GSCO), a joint platform aimed at enhancing monitoring ... Read More


RBI Leaves Repo Rate Unchanged At 5.25%; Inflation Seen At 5.1% In FY27

New Delhi, June 5 -- The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday unanimously decided to keep the policy repo rate unchanged at 5.25 percent, while retaining a ne... Read More


Digital Adoption Boosts Productivity And Formalisation In MSMEs: SBI Research

New Delhi, June 5 -- Digital adoption is significantly improving productivity and accelerating formalisation among India's informal enterprises, according to a new SBI Research analysis based on the A... Read More