24th June 2025 :

ECONOMY :
• Centre approves procurement of 2.5 lakh tonnes of mangoes from Karnataka
• EPFO member may soon be able to withdraw EPF money through ATMs, UPI directly
• Maharashtra cabinet gives green light to 800-km Shaktipeeth Expressway
• India, UK likely to sign trade pact by July end; commerce secretary in London: Official
• Iran-Israel conflict: Ceasefire or not, the world is swimming in oil
• Meetings underway to mitigate Rare Earth magnet crisis: Heavy Industries Minister H D Kumaraswamy
• US readies another bunker-buster for India. What can happen?
• Gold duty cut spurs official imports, curbs unofficial channels: ICRA
• S&P ups India's FY26 GDP growth estimates to 6.5%, sees no significant movement on INR, inflation
• Need for robust data quality to fortify digital governance, cultivate public trust: Niti Aayog report
• India imposes anti-dumping duty on four Chinese chemicals
• Iran-Israel ceasefire to stabilise global trade, aid India's exports to Middle East: Experts
• Why S&P Global thinks Indian economy will withstand West Asia turmoil
• Private sector activity rises to 14-month high in June
• PE, VC investments fall sharply to $2.4 billion in May
• EPFO raises advance claim limit under auto settlement mode to Rs 5 lakh
• NITI Aayog lays out roadmap for enhancing data quality to prevent leakages, improve efficiency
• Fitment committee clears slashing GST on green Hydrogen to 5% from 18%
• FM Nirmala Sitharaman calls for friendly tax compliance processes

BANKING & FINANCE :
• CCI okays Bain Capital's proposal to acquire stake in Manappuram Finance
• RBI eases priority lending norms for SFBs, unlocks Rs 41,000 cr for low-risk sectors
• Asia Healthcare Holdings appoints Arvind Sivaramakrishnan as CTO
• Irdai nudged on premiums, grievances: Finmin wants upgrade in claims settlements, corp governance
• National Housing Bank tightens refinancing rules to check 'misuse' of home loans

PRODUCTS :
• CCI approves acquisition of certain issued and paid-up equity share capital of Haldiram
• Liebherr starts production of its fully integrated appliances in India, first country outside Europe
• Aditya Birla Group eyes major fashion statement, targets billion-dollar heft for four of its brands
• Semicon co GlobalFoundries to launch R&D & testing facilities in Kolkata

TELECOM :
• India 5G subscriber base to reach 98 cr; mobile data consumption may fall to 62 GB by 2030: EMR
• Not received communication from govt regarding considering relief of Rs 84,000 cr, says Vodafone Idea
• Duopoly not good, must have competition in every sector: Jyotiraditya Scindia
• Centre mulls options to give Vodafone Idea relief on Rs 84,000 cr dues

SME :
• Ceasefire in words, missiles in air: Rising tensions between Israel and Iran threaten India’s billion-dollar Middle East trade
• Driving sustainability: Bengaluru-based Moonrider powers rural India with next-gen electric tractors
• Tiruppur in trouble? What is ailing this Rs 70,000-crore textile cluster from scaling up5 Hours ago
• Inside Agri Minister Shivraj Singh Chouhan’s bold new vision to modernise Indian farms and farmers2 Hours ago
• SUEZ wins contract in Kochi to upgrade water production and distribution services
• Global urea prices surge as some mideast producers halt output

Tomorrow's Events & Thought :

• Day of the Seafarer (# 1 out of 2)
Click here: https://worldjunecelebrationdays.blogspot.com/p/day-of-seafarer.html

• World Sustainable Energy Day (# 2 out of 2) on Final Day
Click here: https://worldjunecelebrationdays.blogspot.com/p/world-sustainable-energy-day.html

25th June 2025 :

ECONOMY :
• Icra retains FY26 GDP forecast at 6.2%
• FDI inflows rise to $8.8 billion in April, NRI deposit mobilisation slows
• SEPC, IAMAI sign MoU to promote digital services exports
• PLI schemes attract Rs 1.76 lakh cr investment, create 12 lakh jobs: Govt
• India’s economy holds its ground amid global crosswinds: RBI bulletin
• Centre approves potato research centre in Agra with Rs 111.5 cr assistance
• Annual toll pass on NHs could could dent toll revenue by up to 8%, says Rating agencies
• Bilateral trade agreements with US likely to reduce India's goods trade surplus with US: CRISIL
• US & EU trade pacts to be concluded soon: Nirmala Sitharaman
• MoSPI gets real with artificial intelligence: Surveys to use chatbots
• Govt disburses Rs 21,534 crore under 12 PLI schemes so far
• S&P raises India growth forecast for FY26 to 6.5%
• CBIC extends NOC validity for imported alcoholic beverages
• CBIC outlines detailed procedures for review, revision, and appeal for orders passed by Common Adjudicating Authorities

BANKING & FINANCE :
• Aalok Shah promoted as Head of Global Advisory at Rothschild & Co in India
• Banks need to further improve their customer service: DFS Secretary
• Indians with ticket to travel give credit card spends a boost
• Govt demotes Union Bank of India ED Pankaj Dwivedi to general manager

PRODUCTS :
• KSDL plans to expand reach of products like Mysore Sandal Soap, shower gels into European markets
• Assam tea’s 200-year legacy to shine at Summer Fancy Food Show 2025 in New York
• India Expo Mart partners with GTA to expand Garment Technology Expo
• GIVA raises Rs 530 crore led by Creaegis
• Silver prices poised to go up on rising demand, declining supply: Report
• CBIC extends NOC validity for imported alcoholic beverages
• LG rewires strategy before hitting IPO switch
• Dhaval Bhanusali: The Indian-origin doctor behind Hailey Bieber's billion dollar beauty play

TELECOM :
• Duopoly is not good: Chidambaram backs VI revival while warning against govt takeover
• About Rs 500 crore approved till date under TTDF for 120 tech projects: MoS Telecom
• Vodafone Idea aims for $2.9 billion in loans to bolster network
• When Ambani gambled own money to connect Bharat
• Ambani’s biggest risk and dreams powering Reliance today
• User spending on mobile services up 1.1% in Q4FY25 to Rs 65,800 crore: TRAI

SME :
• From dirty to dazzling: Why Tiruppur is recycling 130 million litres water everyday
• Agri-Tech startup ONO appoints Anurag Sinha as Chief Business Officer to lead expansion
• Indian Snack House raises Rs 2.2 Crore in pre-seed funding led by Titan Capital
• China's premier warns global trade tensions 'intensifying'
• Forging success: Quality Chrome is strengthening India's industrial backbone
• How Asian Consulting Engineers is driving excellence for Indian MSMEs
• Building a better future: How Planedge Consultants is changing Indian real estate
• This Vadodara-based MSME is transforming food manufacturing in India

Tomorrow's Events & Thought :

• International Day Against Drug Abuse and Illicit Trafficking (# 1 out of 2)
Click here: https://worldjunecelebrationdays.blogspot.com/p/against-drug-abuse-and-illicit.html

• International Day in Support of Victims of Torture (# 2 out of 2)
Click here: https://worldjunecelebrationdays.blogspot.com/p/support-of-victims-of-torture.html

26th June 2025 :

ECONOMY :
• Over 18.9 lakh cos were active in India at May-end, shows official data
• RBI rate cuts to revive slow credit growth in FY26
• DPIIT secy reviews infra projects of five states
• All banks need to swiftly pass on 50-bps rate cut to customers: RBI Bulletin
• India, U.S. trade talks face roadblocks ahead of tariff deadline, Indian sources say
• Hopes of India-US interim trade deal hang by a thread as Trump's tariff deadline nears
• India's engineering exports fall marginally in May
• From shortage to surplus: India pours record rice crop into ethanol
• India-UK FTA to include co-equal origin provision; product-specific norms to offer flexibility
• Changes to IBC finalised after months of talks, PMO approval
• Benign inflation should shield India from global headwinds: Report
• After magnets, China now plants agriculture barrier for India
• Centre approves potato research centre in Agra with Rs 111.5 cr assistance
• GST rate rationalisation tops companies' list of demands
• Skills and Rural Development ministries team up to provide training, market access to women SHGs
• PLI schemes attract Rs 1.76 lakh cr investment, create 12 lakh jobs: Govt

BANKING & FINANCE :
• All banks need to swiftly pass on 50-bps rate cut to customers: RBI Bulletin
• Sundaram Home Finance aims to disburse Rs 300 crore in Madhya Pradesh

PRODUCTS :
• Commodity inflation to fall, outlook appears positive in coming quarters: Nestle India CMD
• Ericsson to add 150+ R&D roles in Bengaluru to boost chip design for 5G networks
• Pulse candy on track to become Rs 1,000-crore brand in 2 years, says DS Group VC
• More Android phones sail to foreign shores via India
• Panasonic pulls plug on washing machines, refrigerators in India
• India races ahead with highest per capita data consumption
• Cooking oil companies push for litre-based packing
• Unilever's demerged ice cream entity to acquire 61.9 pc stake in Kwality Wall's
• India Expo Mart partners with GTE to expand Garment Technology Expo

TELECOM :
• India’s wired and wireless home internet market to touch $16.5 billion in 5 years: Report

SME :
• Trading traditions: Why cotton-rich Tiruppur is making a shift to synthetics
• Engineering goods exports dip 0.82% in May, shipments to US stay positive
• Reinventing Retail: How local kirana stores are adapting to India’s quick commerce boom
• Chinese toymaker takes drastic action to survive Trump’s tariffs

Tomorrow's Events & Thought :
• Micro, Small and Medium sized Enterprises Day
• Click here: https://worldjunecelebrationdays.blogspot.com/p/micro-small-and-medium-sized.html

27th June 2025 :

ECONOMY :
• India taking steps to mitigate disruptions due to China's rare earth curbs
• India bans import of certain jute, textile products from Bangladesh via land route
• India gets to test Bangladesh’s nerve when they wanted desi chicken neck
• ESIC approves amnesty and registration scheme for its beneficiaries
• Post offices across India to start accepting digital payments from August
• India records $13.5 billion current account surplus in March quarter, says RBI
• NCAER pitches for investment in skilling to increase jobs
• Output of farm sector rises to Rs 29.49 lakh crore in FY24: Govt data
• India's forex reserves down $1.02 billion to $697.93 billion as of June 20
• Govt, industry, academia working to resolve issues concerning rare earth magnets: Meity official
• How China is playing a twin-track game with India
• India must protect its farmers, digital ecosystem, policy space in trade pact with US: GTRI
• India’s oilseed output may fall as farmers shift to maize for ethanol
• India exported litchi from Punjab to UAE, Qatar: APEDA
• India's economy to hold top spot for growth, but underlying weaknesses remain: Poll
• We aim to cut cost of logistics to 9% of GDP: Nitin Gadkari
• Social welfare spending by top states to stay high at 2% of GSDP in FY26: CRISIL Ratings
• India can create 35 crore jobs by 2030, only if it fixes this problem

BANKING & FINANCE :
• Deposits grew faster than credit amid cautious economic activities
• Finance Minister nudges PSU banks to raise credit growth, maintain profitability
• India to need $1.3 trillion green, social funds by 2030, says report
• Aditya Birla Capital Digital app hacked; digital gold worth ₹1.95 cr stolen
• Loans to MSMEs increase to over Rs 40 lakh crore on back of policy push
• Axis Bank won't infuse more capital into NBFC; it will tap market
• India’s first maritime NBFC launched
• Sarbananda Sonowal inaugurates Sagarmala Finance Corporation Limited, India's first maritime non-banking financial company

PRODUCTS :
• ITC says consumer spending rises 4.6 pc to Rs 34,000 cr in FY25, launches 100 new FMCG products
• Piyush Goyal assures to protect interest of textiles sector in trade pact with US: AEPC
• India's macroeconomic variables to remain stable in FY26, consumption growth to pick up: ITC
• Indian cut & polished diamonds exports to decline by 7%-10% in FY26: ICRA
• Edible oil prices fall as Israel-Iran ceasefire holds, port delays reduce
• GIA discontinues 4Cs certification for lab-grown diamonds
• JSW plans Rs 4,000 crore debt sale to fund Akzo Nobel acquisition deal
• Unilever to pay $1.5 billion for men's grooming brand Dr Squatch
• Ayurveda's FMCG share remains low despite rising household use
• JSW Paints to buy Akzo Nobel India for Rs 8,986 crore
• JSW Paints inks deal to buy Dulux-owner Akzo Nobel for nearly Rs 9,000 cr, fresh coat of rivalry in over $10 bn market
• JSW Paints to buy Akzo Nobel India for Rs 9000 cr, announcement today

TELECOM :
• Mobile services revenue to grow to $39.3 billion in 2029 vs $30.2 billion in 2023: Report
• Cabinet likely clears major waiver on spectrum dues for govt departments
• DoT plans mobile ID checks to curb cyber fraud
DoT proposes changes in cyber security rules to curb frauds by misusing phone numbers

27th June 2025 (Contd.) :

SME :
• From Charkha to Chandrayaan: MSMEs are the driving force behind India’s Viksit Bharat vision, says NSIC CMD on World MSME Day
• From Rs 422 crore to Rs 5.43 lakh crore: A Government ‘startupexperiment’ is redefining public procurement
• Need a machete, not a memo: NITI Aayog’s Arvind Virmani on why MSME reform needs more than new laws
• Online dispute resolution portal to expedite resolution of payment delay cases concerning MSEs: Prez
• Medium enterprises have the potential to compete globally: Niti Aayog's Arvind Virmani
• Why India’s MSMEs Could Make the 21st Century Ours: NSIC CMD Speaks
• Why diversification of India’s export basket should be more than just a flash in the pan
• DBS Bank India waives prepayment and foreclosure charges for registered micro, small and medium enterprises
• Nasscom Foundation Signs MoU with Maharashtra Small Scale Industries Development Corporation Ltd.
• A Government ‘startup experiment’ is redefining public procurement
• CCI Worldwide Logistics introduces ‘Trans Africa’ service with an estimated investment of 106 crore to enhance Intra-African Trade
• Trump’s threat of more tariffs makes US trade partners wary of signing deals

28th June 2025 :

ECONOMY :
• Unfair trade practices by Bangla suppliers forced India to restrict import of jute: Officials
• Ravi Agarwal reappointed as CBDT Chairman for one year
• Private consumption share in India's GDP at two-decade high: Finance Ministry
• India in a goldilocks situation, "nervous but exciting times" likely ahead, FinMin says in new report
• NITI Aayog may prepare a blueprint to push India's private capex
• India limits Bangladesh jute imports
• Livestock & fishing fuel agriculture growth, shows govt report
• Piyush Goyal to meet exporters on June 30 amid global tensions
• 'You can’t walk in there': Trump calls full access to India 'unthinkable' amid trade talks
• India's foreign debt jumps 10% to $736.3 bn; external debt-to-GDP also rises
• Sugar production to increase by 15 pc to 35 million tonnes in SS 26 on favourable monsoon: Report
• India restricts jute, woven fabric, yarn import from Bangladesh
• Finmin pitches rating upgrade to S&P citing robust growth
• India records $13.5 billion current account surplus in March quarter, says RBI
• RBI tightens due diligence for Aadhaar payment operators
• India gets to test Bangladesh’s nerve when they wanted desi chicken neck

BANKING & FINANCE :
• Deposits grew faster than credit amid cautious economic activities

PRODUCTS :
• NPAs in the gold loan sector will not go up due to a surge in gold prices, says Indel’s Umesh Mohanan
• Nandini retains fourth position in food, beverages category among Indian Brands: Report
• India’s chicken craze takes wing as Gen Z, millennials drive unprecedented surge in demand
• Prada in soup after lifting Kolhapuri chappal designs, forced to credit India after huge backlash
• ITC reports weakest FMCG consumer spend in a decade
• ITC says consumer spending rises 4.6 pc to Rs 34,000 cr in FY25, launches 100 new FMCG products

TELECOM :
• Mobile services revenue to grow at 5.4% CAGR to $39.3 bn by 2029
• Starlink to soon get regulator's final approval for India entry

SME :
• China’s $50 billion chip fund switches tack to fight US curbs
• 73% MSMEs report business growth via digital adoption, led by UPI and smartphones: Survey

Tomorrow's Events & Thought :
• International Day of the Tropics
Click here: https://worldjunecelebrationdays.blogspot.com/p/international-day-of-tropics.html

29th June 2025 :

ECONOMY :

• Diaspora remittances hit new record at $135.46 bn in FY25
• Indian negotiators extend US stay as trade talks gather pace
• India has set $1 billion turmeric export target by 2030: Union Minister Amit Shah
• 95 crore people now benefiting from social security schemes: PM Modi
• India taking steps to ensure Bangladesh can’t reroute jute exports via 3rd countries

BANKING & FINANCE :

• RBL Bank aims to widen interest margin from retail assets; to start commercial vehicle finance in 3 months
• Finmin asks public sector banks to monetise investments in subsidiaries via listing on bourses

PRODUCTS :

• Prada's Rs 1.2-lakh Kolhapuri chappals spark row, Priyank Kharge calls for global platforms for artisans
• FSSAI mandates 100 per cent inspection of packaged drinking water facilities in Maharashtra
• Amul remains India’s top food brand with $4.1 billion valuation; Mother Dairy second: Report
• Paint giants lose their sheen as rivals slash prices, buyers trade down
• Kolhapuri goes to Milan: From Rs 150 streets to Rs 1 lakh runway sandals
• Prada looks to put the best (Kolhapuri) foot forward, signals artisan tie-up for sandals amid IP concerns

TELECOM :

• Reliance Jio on path to become dominant Fixed Wireless Access player globally: Analysts
• Only half of eligible players got telecom mfg PLI incentives, Rs 1,162 cr disbursed till Mar 31

SME :

• Charting the global economy: Consumer spending weakens in US

Tomorrow's Events & Thought :

• International Asteroid Day (# 1 out of 2)
Click here: https://worldjunecelebrationdays.blogspot.com/p/international-asteroid-day.html

• International Day of Parliamentarism (# 2 out of 2)
Click here: https://worldjunecelebrationdays.blogspot.com/p/international-day-of-parliamentarism.html

30th June 2025 :

ECONOMY :
• Race against tariffs: India toughens stand on agri trade as US talks enter crucial phase
• India’s factory output growth slows to nine-month low of 1.2% in May
• India's April-May fiscal deficit at Rs 13,163 crore, narrows on-year to 0.8% of FY26 aim
• Gross GST collections double in five years to hit record ₹22.08 lakh crore in FY25
• GST @8: PwC suggests petro-products' inclusion, lowering tax slabs
• Tariff bullying is working too well in Europe
• India's new infrastructure lending rules to support loan growth, Moody's says
• States/UTs to borrow Rs 2.86 lakh crore in Jul-Sep quarter: RBI
• Flipping farm land for cash? ITAT’s ruling may close India’s oldest black money trick
• Trump keeps investors on edge while his deals may fall short of sweeping trade reforms
• India's trade deficit may surge to $300 bn in FY26 despite lower oil prices: ICICI Bank Report
• Atmanirbhar Bharat has shown what it can do in defence–it is beyond success, says Nirmala Sitharaman
• A road less Chinese? India may find a strategic path through Kazakhstan
• India, US push for trade pact as deadline nears
• Slowdown in global growth to hurt India's domestic outputs: RBI report
• India shows progress on SDG, challenges remain
• Higher policy transmission likely as share of floating rate loans rises: RBI
• Indian banking sector robust with record-high capital buffers, non-performing loans ratios at multi-decade lows: RBI
• Reforms express to run nonstop as FM Sitharaman backs GST, tax and banking overhauls
• MoSPI launched GOIStats app to boost access to official data

BANKING & FINANCE :
• Banks' NPA to worsen but sector stress testing shows sector remains well placed, says RBI
• Unsecured loans poses risks to asset quality, RBI data shows
• SBI General, Starfin India launch hospital daily cash benefit plan
• Japan's SMBC seeks CCI nod to acquire 20 pc stake in Yes Bank
• Bank credit growth slows to 4.9 pc during fortnight ended May 30: RBI
• Fintech-driven personal loans show rising stress, delinquencies at 6-quarter high
• FinTech deepens access to formal credit with 11 crore loans in FY 2024–25
• IndusInd Bank sends CEO shortlist to central bank for approval, sources say
• 5 Smart Habits to Outsmart Online Scams

PRODUCTS :
• Ericsson begins commercial release of made-in-India network antenna from VVDN facility
• Filatex Fashions revenue rises 7 pc to Rs 191 crore in FY25 on export orders
• Tiruppur Exporters Association seeks govt support for migrants' housing facility
• India Inc must play crucial role in inclusive & environmentally responsible growth: HUL chairman
• World Gold Council pushes for responsible gold mining to combat criminal exploitation
• Trump wants America to make iPhones; here's how India is doing it
• BAT bets big on India again, as ITC seeks to expand tobacco trade deal
• Kolhapuri goes to Milan: From Rs 150 streets to Rs 1 lakh runway sandals

TELECOM :
• Vodafone Idea expands 5G coverage to 23 more cities across India
• DoT likely to pass on tech industry call for more 6 GHz band for WiFi
• Trai’s new proposal may help check spam as it complements data protection laws
• Reliance Jio on path to become dominant Fixed Wireless Access player globally: Analysts

SME :
• Future of B2B supply chains is digital: Moglix’s Rahul Garg
• Global goods trade gains as tariff fears speed imports, WTO says

Tomorrow's Events & Thought :

• JULY OBSERVANCES
Click here: https://worldjulycelebrationdays.blogspot.com/2023/06/july-observances.html
• International Joke Day
Click here: https://worldjulycelebrationdays.blogspot.com/p/international-joke-day.html

1st July 2025 :

ECONOMY :
• RBI appoints Kesavan Ramachandran as new Executive Director
• Rs 2000 notes worth Rs 6,099 crore still in circulation: RBI
• Bessent says US trade deal with India is very close
• Finmin launches campaign for saturation of financial inclusion scheme at panchayat, urban local body level
• India's FTAs with UK, US, EU to open new opportunities for Textiles sector: Margherita
• Govt plans SEZ law revamp to boost exports, ease domestic tariff area sales
• Indian corporates shift gears, tap markets over banks for cheaper capital
• India's GST collection rises 6.2% YoY at Rs 1.85 lakh cr in June
• India's per capita debt of individual borrower rises significantly over last two years: RBI Report
• Focus of GST on promoting ease of doing biz, ensuring better compliance
• Crisil revised India's FY26 GDP growth to 6.5% on good monsoon, rate cuts, and rural support
• RBI’s financial stability report: NPAs a risk, but banks healthy enough
• India in the middle of 'very intricate trade negotiation,' says Jaishankar as talks with US gain momentum
• India may finalise interim trade deal with US as early as this week: Report
• India's factory growth hits 14-month high on exports surge in June, PMI shows
• India to remain fastest growing economy in 2025 & 2026, while global growth to decline: Morgan Stanley
• Fiscal deficit down to 0.8% of FY26 target in April-May
• Industrial output growth hits nine-month low in May
• Cabinet nod to 4-Lane Paramakudi-Ramanathapuram road project in Tamil Nadu
• Cabinet approves employment-linked incentive (ELI) and research development and innovation (RDI) schemes
• Cabinet approves National Sports Policy 2025 to transform India into global sporting power
• India calls end to subsidy that helped fuel clean energy boom

BANKING & FINANCE :
• India's Bajaj Finserv hikes customer target to 250 million
• PNB waives penal charges for non-maintenance of minimum balance in savings accounts
• Saraswat Coop Bank proposes to acquire New India Coop Bank
• HDFC Bank net banking app, UPI service down for several users
• FM Nirmala Sitharaman asks multilateral bodies to ensure funds are used for intended purpose
• Aptus Value Housing Finance gets rating upgrade from CARE
• MSMEs new engine of credit growth for banks, outpace retail loans
• SBI's digital transformation in last decade immensely benefited its customers: FM Sitharaman
• Aditya Birla Capital raises Rs 1,301 cr in debt from AIIB to advance sustainable infra financing
• Unsecured loans pose risks to asset quality, RBI data shows
• Fintech-driven personal loans show rising stress, delinquencies at 6-quarter high

PRODUCTS :
• The inside story of how Parth Jindal came from behind to win the biggest prize of his career: Akzo Nobel India
• CCI orders probe against Asian Paints for alleged abuse of dominant position, report to be submitted within 90 days
• HUL Chairman highlights challenges of global protectionism, urges agility in changing business climate
• Luxmi Group acquires majority stake in UK-based Brew Tea Co
• JSW Paints eyes sharp rise in mkt share in decorative, industrial coating segment: Parth Jindal
• Akzo Nobel reveals why it chose JSW Paints, which now aims to take on India’s paint industry giants
• Monsoon spoils summer sales: Cooling products, ice cream, jobs all take a hit
• Indian phonemakers dial up fight for volume control
• Market sentiment to improve on rural Boost, lower inflation: HUL Chairman

TELECOM :
• Bharatnet Phase-3 to extend subsidised broadband to 1.5 cr rural households: MoS Telecom
• DoT begins exercise to assess fresh spectrum demand for 5G private networks

1st July 2025 (Contd:) :

SME :

• Threat of more tariffs hangs over countries negotiating trade deals
• The AI boom can give rooftop solar a new pitch
• Exporters for early conclusion of trade pact talks with US, EU
• Fashion brands move slow on their green promises
• Easing working capital under GST: Unlocking the value of accumulated ITC in GST 2.0

Tomorrow's Events & Thought :

• World Sports Journalists Day
Click here: https://worldjulycelebrationdays.blogspot.com/p/world-sports-journalists-day.html

2nd July 2025 :

ECONOMY :
• Fool-proof mechanism in place to implement employment linked incentive scheme: Labour Ministry
• India may soon have social security agreement with UK under free trade pact
• India's June palm oil imports jump 61% to hit 11-month high
• India's fiscal consolidation & capex boost went hand-in-hand in Apr-May FY26: UBI
• Could India’s cheap Russian oil imports cost it a 500% US tariff?
• India's push for zero tariff on labour-intensive exports is combination of economic strategy & domestic politics: GTRI
• Govt allows Uber, Ola, Rapido to charge 2x of base fare during peak hours
• RBI panel likely to recommend India retains 4% inflation target
• US trade talks: Trump makes big tariff statement again, puts ball firmly in India's court
• India’s growth engine loses steam in June, may get back on track soon
• NREGS work demand up 3.6% in June
• Govt eyes IBC route for STC, PEC closure
• RBI pushes for real-time credit reporting to boost transparency and consumer experience
• Factory activity at 14-month high
• Odisha leads in Q1 private capex
• Report card for 90 CPSEs likely in October

BANKING & FINANCE :
• Life insurance cos to pump Rs 450 crore on awareness campaign to deepen penetration
• Mashreq becomes 1st UAE-based bank to get in-principle nod to set up branch in GIFT City
• Medi Assist Insurance completes acquisition of Paramount TPA
• TReDS platform RXIL crosses Rs 2 lakh cr MSME invoice financing milestone
• AU Small Finance Bank appoints two independent directors, senior executives
• Will continue supporting HDB Financial post-IPO as well: HDFC Bank CEO
• Emirates NBD eyes RBL Bank stake for India, Asia play
• Pirates of Bollywood have producers running for cover
• Gold loans turn microfinance companies' best bet amid fears about the unsecured
• 'RXIL provided MSMEs ₹80,000 cr by discounting bills in FY25'
• JM Financial acquires full control of NBFC arm from Moraine Fund
• India's Bajaj Finserv hikes customer target to 250 million

PRODUCTS :
• Foxconn asks hundreds of Chinese engineers, technicians to return home from iPhone factories in India: Report
• Delhi HC clears Nilkamal JV to sell Stella brand cooktops
• Akzo Nobel eyeing for long-term ties with JSW, exploring opportunities in aerospace biz
• Voltas gets Rs 265 crore show cause notice from GST authorities
• Prada Kolhapuri 'sandal scandal' sparks bright business idea in India; local brands race to tap heritage pride for sales boost
• CCI directs probe into Asian Paints for abuse of dominance

TELECOM :
• SBI marks Reliance Communications as fraud account; company says order ex-parte
• RCom loan fraud: The one Reliance company that failed
• Reliance Communications says SBI to declare loan A/C as ‘fraud’, report Anil Ambani to RBI
• Bharatnet Phase-3 to extend subsidised broadband to 1.5 cr rural households: MoS Telecom

SME :
• Sugarcane to sustainability: India gets its first fully integrated PLA plant as Balrampur Chini unveils Bioyug
• Tariffs, trade and the green pivot: How Indian exporters can navigate a shifting global order
• China vows to curb intense competition, build unified market
• Shell E4’s next phase: Fuelling India’s energy startups with deeper capital, wider reach
• The US sends lots of plastic trash overseas. Malaysia just said no thanks
• The New Blueprint for Risk & Resilience | Girija Subramanian, CMD, The New India Assurance Co. Ltd
• IDBI Bank’s Roadmap to Strengthen MSMEs | Insights from Sumit Phakka

3rd July 2025 :

ECONOMY :
• Insolvency proceedings cannot sidestep PMLA process: NCLT
• India may be subject to lower US tariffs compared to APAC nations: Moody's
• Why India can play hardball with Trump and win
• India's economy likely to grow 6.4-6.7 pc in FY26: CII President Rajiv Memani
• Why are farm goods holding up the India-US trade deal?
• The dragon is tightening its hold: Can India defy it?
• India services sector growth hits 10-month high as demand surges, PMI shows
• US plots quiet trade war to isolate China; India in negotiation room
• US-Vietnam trade deal offers cautionary lessons for India, says GTRI Report
• PM Modi Ghana visit highlights: Key outcomes and agreements between New Delhi and Accra
• India is an essential partner, we want fair and reciprocal trade: US State Department's Mingon Houston
• How India can play hardball with Trump and win
• India may allow GM animal-feed imports from US in trade deal
• State-level inflation data for items likely in new CPI series
• Indian highways will be at par with America's highways in terms of quality in two years: Nitin Gadkari
• From November 1, funds for all central schemes to come via 'Sparsh'
• RBI releases full list of legal digital lending apps on its site

BANKING & FINANCE :
• SC agrees to hear HDFC CEO Sashidhar Jagdishan's appeal seeking quashing of FIR by Lilavati Trust
• State-owned UCO Bank posts 17% loan growth in Q1 FY26
• HDFC Bank MD Sashidhar Jagdishan moves Supreme Court over FIR by Lilavati Hospital trustees
• Mis-selling of life cover not at alarming levels: Irdai
• Lending growth stays in slow lane despite June rate cuts
• RBI directs banks, other lenders not to levy pre-payment charges on biz loans to individuals, MSEs
• RBI advises banks to integrate DoT's financial fraud technology

PRODUCTS :
• Malabar Gold sets up new manufacturing facility in Hyderabad
• Sugar sector grown into Rs 1.3 lakh cr industry: Food Minister Pralhad Joshi
• Ready-to-cook foods surge 58% as Indian consumers prioritise convenience
• Why is Foxconn pulling out over 300 Chinese employees from India?
• Shrinking profit margins unwind popular ‘Make in India’ trade in electronics
• Delhi HC clears Nilkamal JV to sell Stella brand cooktops
• Krafton says India profitability less, but growth opportunity huge
• Foxconn asks hundreds of Chinese engineers, technicians to return home from iPhone factories in India: Report
• Prada and Maharashtra body plan talks on Kolhapuri sandals
• Delhi HC restrains Patanjali Ayurved from running disparaging ads against Dabur India's Chyawanprash
• Mukesh Ambani's Reliance Industries to spin off FMCG brands into new arm ahead of mega IPO plans

TELECOM :
• C-DOT to generate revenue of Rs 1,000 crore this fiscal: Mos Telecom
• As Starlink prepares for India entry, US-based Viasat expands satellite services with BSNL: Report
• India 'super important' market; Reliance Jio using our GPUs: AMD
• Anil Ambani-led Reliance units say SBI’s fraud tag on RCom loan has no impact on their operations
• Reliance Jio continues to outperform on active subscriber additions, bodes well for sector tariff outlook: Jefferies

SME :
• CII President bats for DFI-style fund to ease MSME credit woes
• They tried Made in the USA - it was too expensive for their customers
• IG Drones secures India’s first patent for defence drone simulator, fulfilling PM Modi’s vision of Aatmanirbhar Bharat
• How much does a heat wave cost? Insurers and CEOs want to know
• Payment woes, compliance burdens hampering export potential of MSME e-commerce: Experts
• What started in India is now a global standard—Walmart’s Jason Fremstad on Vriddhi program going international
• Supervity launches B2A Framework for smarter enterprise operations through AI Agents
• Sugarcane to sustainability: India gets its first fully integrated PLA plant as Balrampur Chini unveils Bioyug

4th July 2025 :

ECONOMY :
• Scheme to boost toy production soon: Piyush Goyal
• PM Modi's foreign policy 'faulty', creating enemies: AICC president Mallikarjun Kharge
• Will only sign mutually beneficial pact, won't sign any deal under deadline: Piyush Goyal on India-US trade deal
• India's forex reserves up $4.8 billion to $702.78 billion as of June 27
• At WTO, India proposes retaliatory duties against US over auto tariffs
• Unified Pension Scheme to get tax benefits at par with NPS: Finance Ministry
• India and Trump are haggling over the same constituency
• India initiates anti-dumping probe into import of polyethylene from 6 countries
• Uttar Pradesh govt to set up agri-export facility near Noida Airport: Chief Secretary
• India central bank's operations to keep overnight rates within policy corridor, analysts say
• Employment-linked incentive scheme: Who will benefit?
• India proposes retaliatory tariffs against US’ auto duties at WTO
• Indian team back from US; trade talks to continue
• Services activity rises to 10-month high
• India's economy likely to grow 6.4-6.7% in FY26: CII President Rajiv Memani
• Indian highways will be at par with America's highways in terms of quality in two years: Nitin Gadkari

BANKING & FINANCE :
• High-value personal loans surge as lenders grow cautious
• ICICI Prudential refutes report linking MD & CEO to IndusInd Bank top job
• India liquidity surplus may not push growth in bank credit up, JP Morgan economists say
• IndusInd Bank inaugurates all women branch in Chennai
• Bank of Maharashtra logs 15 pc loan growth in Q1
• Fibe elevates Vimal Saboo as CEO of non-banking financial arm ESPL
• SC declines to quash FIR against HDFC Bank MD Jagdishan, refuses to interfere in Bombay HC's proceedings
• GVK Power lenders to restart IBC process

PRODUCTS :
• Godrej Consumer Products expects India margins to stay below normative range, volume improving sequentially
• Marico, Godrej Consumer, Dabur say sequential recovery in Q1; maintain caution on commodity inflation
• Reviewing CCI order, will take appropriate legal recourse: Asian Paints
• Yum! craves Devyani-Sapphire combo

TELECOM :
• TRAI seeks views on new licence for new service under Telecommunications Act for sale of foreign SIMs & eSIMS
• Jio set to outshine Airtel in revenue, ARPU growth for June quarter

SME :
• Trump wants the world to squeeze out China. He's starting with Vietnam
• Japan’s carmakers absorbing tariffs may bolster Trump position
• Nasscom Foundation launches CSR initiative for marginalized youth with support from nine tech SMEs
• South American bloc looks to Asia, Europe in face of Trump trade war
• Need to enhance outreach of NSIC, NSSH schemes across Maharashtra: MSME Minister Manjhi

Tomorrow's Events & Thought :
• International Day of Cooperatives on 1st Saturday in July
Click here: https://worldjulycelebrationdays.blogspot.com/p/international-day-of-cooperatives.html

5th July 2025 :

ECONOMY :
• India's rights in WTO to retaliate on US auto tariffs won't affect trade deal talks: Official
• New technologies will define India's growth story: Union Minister Piyush Goyal
• India, Maldives hold talks to deepen trade and investment ties
• Despite brief military conflict, India-Pakistan trade persisted in May
• Crude ouput: OPEC+ opens oil tap wider before planned August hike, raising fears of price fall
• FTA fuel and China caution: Piyush Goyal eyes $870 bn export ambition for India
• India, US trade deal may backfire on EU exports if India opens door to GM feed: GTRI
• Inflation likely to align with RBI's projection in Q1: Bank of Baroda report
• BRICS set to condemn ‘coercive’ tariffs, adopt position at odds with Trump on trade taxes
• GoM on GST meets to take up falling mop up, curb fraud
• UPS to get NPS-like tax benefits
• Govt plans to sell subsidised tomatoes
• NDB's mandate needs renewal with focus on agility, efficiency: FM Sitharaman

BANKING & FINANCE :
• Odisha government allows 3 private banks to handle state business
• JAL insolvency: Lenders reject Jaypee Infratech's request to accept its bid to acquire bankrupt firm
• Deposits outpace loans at HDFC Bank, a positive indicator: Analysts
• RBI looks to ensure uniformity in credit bureau data quality
• High-value personal loans surge as lenders grow cautious

PRODUCTS :
• Badshah now sells pizza with Ghost Kitchens, enters Domino’s turf with Badboy Pizza
• Gold prices likely to trend higher in H2 2025, may touch Rs 1 lakh: Report
• Indian soft drink industry to rebound next year with 10% growth despite weather disruptions: Report
• Indian quiet luxury in limelight: When design speaks louder than words
• Marico, Godrej Consumer, Dabur say sequential recovery in Q1; maintain caution on commodity inflation
• Indian soft drink industry to rebound next year with 10% growth despite weather disruptions: Report

TELECOM :
• Regulator rejects DoT's spectrum stance for Indian Railways
• Ananth Tech to offer Satcom via desi satellites

SME :
• Canva, Copilot, ChatGPT: The AI toolkit MSMEs need today
• Lending with empathy: Automation to Augmented Intelligence
• Trade deal may double India goods exports to US, report says
• Indian mangos make splash at ‘Aam Mahotsav’ in China's Guangzhou

Tomorrow's Events & Thought :
• World Zoonoses Day
Click here: https://worldjulycelebrationdays.blogspot.com/p/world-zoonoses-day.html

7th July 2025 :

ECONOMY :
• 85% of north-eastern districts in front runner category in North-Eastern Region District SDG Index 2023-24: NITI Aayog
• Should India adjust its trade balance to partially mitigate US tariff risks?
• Govt rethinks apple import shield as US seeks tariff cuts
• Trump cranking up the pressure for trade deals before July 9 deadline, but hints of more time for talks
• Staffing industry urges finance ministry to lower GST slab to 5%
• Private investments flat, but pickup in demand seen: CII Chief Rajiv Memani
• India and US edge closer to mini trade deal: Key sectors excluded
• India-US likely to take final decision on mini trade deal within 48 hours, CNBC-TV18 reports
• India could reach $9.82 trillion in economic activity by 2035: PwC report
• India needs 10% nominal GDP growth annually to achieve Viksit Bharat goal: CII president
• Industry ready if US trade deal doesn't materialise: CII President
• Investment of USD 75 bn needed for Indian farmers to adapt to climate change impact: IFAD President
• Geopolitical winds set to sweeten India's apple harvest
• Gold loan sees fastest growth in overall securitisation volume in June quarter
• Active negotiations on with over dozen countries for finalising bilateral investment treaties: Official
• India’s fuel demand falls 4.7% in June due to seasonal slowdown
• GST on Jammu and Kashmir's handlooms, handicraft products may be cut to 5%, says Piyush Goyal

BANKING & FINANCE :
• RRBs' IT integration to be completed by Sep 30: NABARD Chairman
• DFS Secretary urges fintechs to focus on driving offline payment solutions
• Public sector banks likely to remove minimum balance fines
• Bank of Baroda also waives minimum balance charges amid deposits chase
• Less than 25% of retail loans went to first-timers in FY25
• Adani Enterprises to raise Rs 1,000 crore via NCDs
• There is scope for a 25-bps repo cut in 2025... RBI will look at data, aid growth, says SBI MD Rama Mohan Rao Amara

PRODUCTS :
• Carrier becomes latest global firm to sue India over electronic waste rules
• Kalyan Jewellers records 31% y-o-y revenue growth in Q1FY26
• Record 1.29 million beauty treatments in India: Call for stricter regulations amid safety concerns
• Indian firms looking to expand abroad have good chance in Sri Lanka: ITC chief
• Electronics makers hit by gold compound import curbs after China rare earth squeeze
• Birkenstock cracks down on fakes in India, court-ordered factory visits held, sources say
• Expect Indian market to contribute 20% to global revenue in coming years: Hettich
• The baseball cap makes a global comeback, even in cricket-loving India
• The Nose Job: How India is recreating the world’s most expensive perfumes
• Indian biscuits, shampoos & poha go global: FMCG exports outpace domestic sales for HUL, Dabur and others

TELECOM :
• Telcos raise concerns over Digital Bharat Nidhi use
• Mobile bills may rise further as telcos keep adding subscribers

SME :
• Butter’s global price surge hits croissants and kitchens alike
• We are evolving from being a marketplace to a full-stack enabler for Indian MSMEs: Amazon India’s Gaurav Bhatnagar
• InPrime Finserv raises Rs 50 crore in Series A1 funding led by Pravega Ventures
• Charting the global economy: US jobs data eases pressure on Fed
• UAE highlights potential of deeper trade, investment collaboration between BRICS nations


Today's Events & Thought :
• Global Forgiveness Day
Click here: https://worldjulycelebrationdays.blogspot.com/p/global-forgiveness-day.html

Banks to clear cheques within few hours from October 4, says RBI
https://www.business-standard.com/finance/news/banks-to-clear-cheques-within-few-hours-from-october-4-says-rbi-125081301712_1.html

Zoho launches Arattai messenger: Everything you need to know about WhatsApp rival endorsed by Modi government https://www.financialexpress.com/life/technology-meet-arattai-messaging-app-made-in-india-zohos-alternative-to-whatsapp-endorsed-by-modi-government-3992049/

Old vs New Tax Regime

The Supreme Court told WhatsApp's parent company Meta that it should leave India if it cannot follow the Constitution and protect users' data privacy.

The court was hearing Meta's plea against a CCI order that imposed a penalty of ₹213.14 crore over WhatsApp's privacy policy.

Read more: https://mybs.in/2g3lJ7K