Indian Development News 🇮🇳
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Niti Aayog panel recommends 50 measures to overhaul India's R&D ecosystem, plagued by low funding (0.6-0.7% GDP), bureaucratic delays, and talent crunch. Grant success rates plummeted below 10% due to cumbersome clearances, skewed IIT funding (80% ANRF funds), and delayed fellowships.

To revive the sector, the panel proposes raising GERD to 2% of GDP in five years, decentralizing decisions, and offering tax incentives (5% GST slab for procurements, 125% CSR deductions). It also mandates a six-month grant processing deadline and increasing postdoctoral fellowships by 20% annually to retain talent. #Policy
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🏦 RBI says domestic economy remained resilient in April 2026

👉🏻 Industrial & services sectors maintained strength across multiple segments
👉🏻 Summer sowing progressed well aided by above-normal pre-monsoon rainfall
👉🏻 Reservoir levels remained comfortable supporting agricultural activity
👉🏻 CPI inflation rose to 3.5% in April mainly due to food inflation
👉🏻 Core inflation remained steady during the month
👉🏻 Net FDI stayed positive for second consecutive month in March
👉🏻 FPI outflows continued in April-May but pace moderated
#Economy
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Commerce Minister Piyush Goyal to visit Canada next week as both country aim to accelerate talks on the proposed FTA – Comprehensive Economic Partnership Agreement (CEPA)

#Trade
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Stellantis unveils a major India strategy: a new global Jeep vehicle with Tata Motors, turning India into a low-cost engineering and export hub for over 50 countries. #Automobile #MakeInindia
[Source]
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🇲🇲 Myanmar President Min Aung Hlaing to visit India next Month. This will be his First Foreign Visit since assuming Office.

He was also the Head of the Junta Army who led a Coup against the former Elected Government in 2021.

#IndianSubcontinent #Geopolitics
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🇸🇦 Saudi Arabia NEOM has halted work on The Line until after 2030.

#InternationalNews
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India will launch a “smart border” project within 1 year to secure over 6,000 km of borders with Pakistan and Bangladesh using drones, radars and smart cameras. India’s Bangladesh border spans 4,096.7 km and Pakistan border 3,323 km across 9 states and UTs. #Nationalsecurity #Tech
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J&K logged ₹5,824 crore of investments in FY26, 13x the pre-2021 annual average under a ₹28,400 crore industry scheme. Investments rose from ₹2,153 crore in FY23, while startups increased from 69 in 2020 to 1,305 in FY26 and MSME registrations crossed 635,000. #Economy
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US Sec. of State Marco Rubio in Kolkata, India. He will be on a 4 day visit. #ForiegnAffairs
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Fuel prices hike again.

➤ Petrol prices hiked by 87 paise per litre

➤ Diesel prices hiked by 91 paise per litre

➤ CNG prices increased by Rs 1 per kg

➤ Third increase in fuel prices in 10 days

#Energy
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Bihar Govt will provide Free Bus Service in Government Bus to appearing RE-NEET students #Policy
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Residents of Phansidewa in Siliguri welcomed the start of India-Bangladesh border fencing after the 27 km land handover to the Border Security Force, saying years of hardship and insecurity in the border area have finally eased.

Villagers claimed they can now “breathe freely” and “sleep peacefully” as fencing work begins. #nationalsecurity
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A massive change in U.S. immigration policy.

The Trump administration has announced that any noncitizens in the country who have applied for a green card must leave the United States indefinitely. #InternationalNews
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India and Russia opened talks on gas supplies, LPG purchases and hydrocarbon joint ventures as Russia retained a 33.3% share of India’s crude imports in 2025. Rosneft’s Nayara refinery has 20 mtpa capacity, while India has approved $19.16 bn in semiconductor projects. #Energy
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US-based medical devices maker Align Technology has signed a memorandum of understanding with the Telangana government to invest Rs 1,800 crore to set up its first manufacturing facility in India in Hyderabad.

This will be the company's fourth manufacturing site globally, and is likely to create more than 300 direct jobs over the next few years. #MakeInindia
[Source]
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From rotting market waste to farm residue, India’s twin waste crisis is finding a sustainable solution in compressed biogas. Backed by CSIR-IICT innovations, the technology transforms organic waste into clean fuel, boosting farmer incomes, reducing pollution, and advancing the country’s circular economy goals. #Biogas #Environment
CSIR-IICT’s CBG tech is scaling up. Three full-scale plants in progress: 12 TPD(tonnes per day) rice husk at Mulugu, Telangana; 5 TPD paddy straw near Guwahati, Assam; 3 TPD Napier grass at Ramanna Peta, Telangana. This supports Centre’s SATAT goal of 5,000 CBG plants producing 15 MMT/year for circular economy and energy security.

For wet waste, IICT’s Anaerobic Gas Lift Reactor converts food/kitchen/poultry waste to biogas and manure. Scaled from 100 kg/day to 1 TPD demo plant. Now in 15+ sites including Akshaya Patra kitchens, colleges, and corporates after successful canteen waste-to-biogas pilot.

[Source]
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Under the revised mechanism, customs authorities remotely process vessel entry and departure clearances once electronic documentation and compliance checks are complete.

The CBIC mandates online filing of cargo declaration documents under the Sea Cargo Manifest and Transhipment Regulations framework.

This includes digital submission of the 'sea arrival manifest' and 'sea departure manifest', enabling officials to examine cargo and issue approvals without physical port interaction in most cases. #Policy #Ports
[Source]
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US Secretary of State Marco Rubio Called on PM Modi

Both discussed sustained progress in the India-US Comprehensive Global Strategic Partnership and issues related to regional and global peace and security.

India and the United States will continue to work closely for the global good.

#Geopolitics
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🇺🇸 US Secretary of State Marco Rubio has extended an invite on behalf of US President Donald Trump, for PM Modi to visit USA

#ForeignAffairs
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Delhi Govt Sets new 2027 Deadline to Clear Ghazipur, Bhalswa, Okhla Garbage Mountains #Policy
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