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

A news everyone missed!!

PM Modi was presented with a Submarine Model during his recent visit to L&T Complex in Hazira. It could possibly be India's First Indigenous Conventional Submarine model code named "Project 76" under which Govt plans to build 12 U-boats

Source

#Defense

Nepal Foreign minister Shishir Khanal says India is "our most important partner"; Adds, "Nepal has placed highest priority to India. Ready to engage substantially"

#IndianSubcontinent

Govt bets ₹8,550 Cr package on 1.5 lakh small & marginal farmers to crush stubble burning. 🌾

Stubble burning remains a challenge due to short window between harvest & sowing. Small holders often lack resources.

Govt has now planned multiple initiatives under SMAM/CRM:
- Custom hiring centres & hi-tech hubs
- Financial assistance for equipment
- Training & support for in-situ residue management.

This aims to cover millions of hectares indirectly. Builds on previous efforts like distributing happy seeders.

Implications:
→ Drastic drop in paddy residue burning.
→ Better air quality, reduced health costs
→ Boost to farm incomes through mechanisation.
→ Takes us towards sustainable, climate-resilient agriculture. #Agriculture #Environment

Chhatrapati Shivaji Maharaj's statue will be in installed in Israel. #ForeignAffairs

Israel is planning to install a statue of Chhatrapati Shivaji Maharaj in one of its major cities.

Israel is signaling India as a top-tier global ally, equal or greater to the U.S., by approving a grand statue of 17th-century king Chhatrapati Shivaji Maharaj, despite his lack of direct ties to the region. This deliberate cultural gesture aims to foster familiarity and safety for the growing Hindu workforce, actively encouraging a larger presence of Indian and Hindu professionals in a shifting domestic labor landscape.

Israel honors Western allies and European figures through memorials, but approving a grand statue of 17th-century Chhatrapati Shivaji Maharaj breaks tradition. Despite no direct ties to the region, this marks Israel’s first move to honor Indian heritage instead of inward-focused commemoration. #Culture #ForeignAffairs

The Ministry of Defence just decentralized the sky. 🚀

The MoD has announced a breakaway from the historic monopoly by defense PSUs like Bharat Dynamics.

• The Two-Front Reality: As aerial and tactical threats evolve along the borders with China and Pakistan, New Delhi is aggressively accelerating its defense timeline.

• A Rocket Force Prelude: This unprecedented outsourcing is a direct prelude to raising a dedicated Rocket Force for a highly coordinated, lethal response.

• The New Vanguard: Industrial heavyweights including Adani Defence, Bharat Forge, ICOMM, and Solar Defence, are stepping into the arena as development-cum-production partners.

• The High-Stakes Arsenal: The private sector takes over critical, next-gen tech: hypersonic air-to-surface missiles, fourth-generation MANPADS, and 1,000kg-class smart glide bombs.

• The Clock is Ticking: A strict 3-to-5-year mandate to prototype, test, and manufacture. The goal? Radical reduction of the defense development cycle. #Defense

DRDO invites proposals under the TDF for:

• A Comprehensive Vulnerability Assessment Framework for Large Language Models

• An Indigenous Zero-Day Vulnerability Discovery Framework

The initiatives aim to strengthen India's AI security and cyber defense capabilities.

EoI submissions open June 12, 2026 and close June 25, 2026 (1400 hrs IST). #defence #Ai

🔗 TRF_DRDO