Key Highlights The Union Cabinet has approved a ₹10,000 crore Aviation Turbine Fuel (ATF) Price Stabilisation Fund to protect Indian airlines from sharp fuel price increases caused by escalating tensions in West Asia and ongoing airspace disruptions. Under the scheme, the government will provide temporary financial support to Oil Marketing...
Key Highlights The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a major ₹9,585 crore Vehicle Modernization Scheme aimed at improving air quality across the Delhi-NCR region. The two-year initiative will encourage owners of older commercial vehicles to replace them with cleaner BS-VI-compliant or electric vehicles (EVs). The...
Key Highlights GST Collections Maintain Strong Momentum in May 2026 India’s GST collections remained robust in May 2026, reflecting strong domestic consumption, resilient services activity, and continued industrial expansion. Gross GST collections stood at ₹1,94,184 crore, while net collections after refunds reached ₹1,66,904 crore. The government noted that May 2025...
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