Finance Ministry reforms to ease foreign investment + attract long-term capital in equities & G-Secs.

3 big changes:

• PROI equity access: Individual Persons Resident Outside India can now invest via Portfolio Investment Scheme like NRIs/OCIs. Individual cap 5%→10% per company. Overall PROI cap 10%→24% per company. Rules amended via FEMA Non-Debt Instruments 3rd Amendment 2026.

• FPI in G-Secs: FAR expanded to 15/30/40-yr new issuances + Sovereign Green Bonds. For General Route: removed short-term, concentration, security-wise limits. Only 6% cap for Central G-Secs + 2% for SGS retained. 'General' + 'Long-term' sub-limits merged.

• Tax: Interest + capital gains on G-Secs by FPIs exempt from income tax from 1 Apr 2026. Same for BIS. #Economy

The Central Board of Secondary Education (CBSE) has dropped Coempt Edu Teck’s OnMark platform for the re-evaluation of Class 12 answer scripts over security concerns, officials said on Friday, with student and examination data migrated to infrastructure under the board’s direct control. #Education #Corruption #cybersecurity

What you see behind PM Modi is a 700 MW #nuclear steam generator, indigenously manufactured in India by L&T.
Only a handful of countries can manufacture these at scale, and this one has been build by private sector.
#aatmarnirbharbharat

#Railways Minister AshwiniVaishnaw announces bullet train project for Bengal

▪️Bullet train to connect national capital Delhi with Siliguri

▪️Travel time to be reduced to six hours

RBI is evaluating polymer banknotes as part of India’s currency modernisation programme. Polymer notes typically last 2.5–4 times longer than paper notes and are already used in 30+ countries, including Australia, Canada and the UK. Longer note life can reduce currency printing, replacement and logistics costs for India’s cash #economy.

#Policy
https://indianexpress.com/article/india/rbi-governor-malhotra-plan-polymer-currency-notes-india-cash-10725292/lite/

🇮🇳🤝🇧🇹 Hindustan Construction Company secured a ₹127 crore contract for the 258 MW Dorjilung Hydropower Project in Bhutan. The scope includes construction of a concrete gravity dam, intake structures and related civil works. Bhutan currently has ~2.5 GW of installed hydropower capacity, with India as the primary export market for surplus electricity. #Infra #Energy #IndianSubcontinent

https://t.co/HLyHAkpFBq

Mazagon Dock has joined the race to become anchor investor for Andhra Pradesh’s ₹29,000 crore shipbuilding cluster at Dugarajapatnam. The project targets 1.2 million gross tonnage of annual shipbuilding capacity and spans ~3,500 acres. The cluster is part of India’s plan to expand domestic #shipbuilding and maritime manufacturing capacity.

https://t.co/DgxH5qGM9f

PM Modi chairs key meeting of PM Economic Advisory Council on boosting India's growth amid Global turmoil, advancing Ease of living & doing Business reforms & assessing West Asia conflict impacts.

#Policy

Sixty Next-Gen trains to be introduced for Kolkata Metro in 5 years: Railway Minister Ashwini Vaishnaw

Source

#Metro

IMD announces Arrival of #Monsoon in Puducherry, Southern Andhra Pradesh, Mizoram and parts of Manipur.

Monsoon has also further advances in Karnataka and covered entire Tamil Nadu.

CBSE invited 19-year-old ethical hacker Nisarga Adhikary to help identify security gaps in its IT systems

#Cybersecurity

Assam Govt approved the creation of a State Capital Region (SCR) in Dibrugarh. This decentralization effort features a dedicated ₹500 crore infrastructure fund and includes a new Legislative Assembly building for annual assembly sessions.

#Policy #Infra

Singapore orders social media sites to block content, likely from China-based platform, targeting Indian community. #Policy

https://www.channelnewsasia.com/singapore/social-media-block-content-indian-community-6165986

Adani Group Plants 1.6 Million Trees To Turn Chhattisgarh Coal Mine Green. Plans to plant 4 Million Trees by decade end.

Source

#Environment

Hindustan Zinc plans a ₹50,000 crore capex programme over the next 5 years across mining, metals and critical minerals.

Company targets doubling metal production to 2 million tonnes per year and increasing Silver output from 800 tonnes to 1,500 tonnes annually. Hindustan Zinc also plans entry into Potash and rare-earth mineral projects.

Source

#Minerals

EKA Mobility rolled out its 1,000th unit from the Pune factory. #MakeinIndia

YKK will invest $150 million in a new manufacturing facility in India, expanding capacity for zippers and fastening products. The Japanese firm operates in 70+ countries and runs integrated production systems across 100+ facilities globally. The investment adds manufacturing capacity to India’s textile and apparel supply chain.

Source

#Investment #Textile

The Indian Navy has issued an Expression of interest(EoI) for 80 mm A2G rockets for its MiG-29K/KUB fleet 🇮🇳⚓

The requirement includes 273 live rockets and 2,400 practice rounds for B8M-1 rocket pods, with induction targeted as early as this year.

Aim is to replace S-8 series of 80mm unguided rockets—with a 100% indigenously designed and manufactured alternative. #Defense #Aatmarnirbharbharat