Key Highlights Auto Retail Market Delivers Strongest-Ever May Performance as Consumer Demand Remains Robust New Delhi, June 8, 2026: India’s automobile retail sector recorded its highest-ever sales for the month of May, demonstrating strong resilience despite challenging economic and weather conditions. According to the latest data released by the Federation...
Key Highlights PNB Sees Strong FCNR Deposit Inflows Following RBI’s Foreign Currency Mobilisation Measures New Delhi, June 8, 2026: State-owned lender Punjab National Bank (PNB) expects to mobilize between $2.5 billion and $3 billion through Foreign Currency Non-Resident (Bank) deposits after the Reserve Bank of India’s recent initiatives aimed at...
Key Highlights Saria Prices Fall Across India, Offering Relief to Homebuilders and Real Estate Sector New Delhi, June 7, 2026: In a positive development for homebuyers and the construction industry, prices of steel reinforcement bars, commonly known as saria, have declined across several Indian cities during June 2026. The reduction...
Key Highlights India’s Auto Retail Industry Achieves Record-Breaking Sales in May 2026 New Delhi, June 9, 2026: India’s automobile retail sector recorded its strongest-ever monthly performance in May 2026, with total vehicle registrations climbing 9.55% year-on-year to an all-time high of 25,31,067 units, according to data released by the Federation...
Key Highlights India’s Fertility Rate Drops Below Replacement Level as Demographic Transition Accelerates New Delhi, June 7, 2026: India has entered a significant new phase in its demographic evolution, with the country’s Total Fertility Rate (TFR) declining below the replacement level for the first time in recent history. According to...
Key Highlights Nestlé India’s Royalty Outgo Tops Rs 1,024 Crore in FY26 as Business Scale Expands New Delhi, June 7, 2026: Fast-moving consumer goods (FMCG) major Nestlé India paid Rs 1,024.5 crore in licence fees, or royalty, to its Switzerland-based parent entity during the financial year 2025-26, reflecting a significant...
Key Highlights LPG Prices Rise Again as Global Energy Costs Surge; Government Highlights India’s Competitive Rates New Delhi, June 7, 2026: Domestic cooking gas prices have increased once again, with state-owned oil marketing companies raising the price of household LPG cylinders by Rs 29. The latest hike takes the cost...
Key Highlights Centre Brings Back Standard Edible Oil Pack Sizes to Enhance Consumer Transparency New Delhi, June 6, 2026: In a significant move aimed at improving consumer awareness and pricing transparency, the Government of India has reinstated standard pack sizes for major edible oils and fats sold across the country....
Highlights Major Boost for India’s Energy Exploration Efforts New Delhi, June 6: State-owned Oil India Ltd has announced its second natural gas discovery in the Andaman offshore basin, strengthening prospects for future hydrocarbon production in the region and supporting India’s efforts to reduce dependence on energy imports. The company informed...
Highlights Employees Hopeful of Big Arrears Payout New Delhi, June 6: Millions of central government employees and pensioners are closely watching developments related to the 8th Pay Commission, amid reports that they could receive up to 20 months of arrears if the implementation of the new pay structure is delayed....
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