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The Hindu Businessline

Economy / The Hindu Businessline

Govt approves 22 new applicants in Round-III of Textile PLI Scheme; 12,822 cr investment committed

Newly approved companies include those from Man-Made Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles segments

10 Jun 2026 5:29 pm
Monsoon stalls along coast, rain deficit deepens over west India

Mumbai misses date for tryst with monsoon on Wednesday (June 10) while forecasts suggest it may have to wait for a few more days

10 Jun 2026 4:46 pm
Kerala Cabinet approves free travel for women on KSRTCs ordinary services initially

Satheesan said the scheme will be expanded in phases after KSRTC improves its revenue generation and financial position

10 Jun 2026 4:26 pm
Centre approves Rs 1,359 crore four-lane Nagaur-Bikaner highway project in Rajasthan

The upgrade is also likely to create new investment and employment opportunities in Nagaur, Bikaner and nearby regions, aligning with the states Viksit Rajasthan vision.

10 Jun 2026 4:26 pm
Women-led development can boost India's GDP growth by 2-3%, says Hardeep Puri

Hardeep Puri highlighted womens reservation, government welfare schemes, and energy security measures as key pillars of the Viksit Bharat vision.

10 Jun 2026 4:16 pm
SAEL Industries commissions 14.9 MW agri waste-to-energy plant in Rajasthans Bhadra

The facility will process agricultural residues, including paddy straw, mustard stubble and cotton stalks

10 Jun 2026 4:16 pm
Pharma exports to clock $50 billion by 2030: Ministry official

Affordability Indias key strength in pharma export market, says Mohit Yadav, Joint Secretary, Department of Commerce

10 Jun 2026 3:32 pm
No overcapacity in textiles, steel sectors in India: DGTR

India rejects US trade representatives allegations that structural excess capacity in its major industries had led to a trade surplus with the US

10 Jun 2026 3:15 pm
Cabinet clears 2,169 crore Ahmedabad Metro airport link; 6-km corridor to bridge key connectivity gap

The 6-km extension will provide direct Metro access to the airport, which has remained outside the citys rail transit network despite the rapid expansion of Metro services across Ahmedabad and Gandhinagar in recent years.

10 Jun 2026 3:15 pm
India's current account deficit to remain at 1.5-1.7% of GDP in FY27, but RBI measures may turn BoP surplus: SBI Report

Inflows during FY27 estimated at $55-65 billion, with $40-45 billion expected to come through the FCNR(B) route, the report said

10 Jun 2026 1:45 pm
Dakshina Kannada MP seeks measures to address diseases in areca plantations

Arecanut plantations in Dakshina Kannada, Chikkamagaluru and Kodagu have been affected by leaf spot disease and yellow leaf disease

10 Jun 2026 12:25 pm
Planet sizzles as May becomes second warmest ever recorded globally

The average May 2026 SST (sea surface temperature) in the 60S-60N band was tied for the second warmest on record for the month at 20.90C, behind May 2024 (20.93C)

10 Jun 2026 11:55 am
El Nio emerges in Pacific, raising heat risks and crop threats

The climate phenomenon, the first since 2023, sets the stage for droughts, floods and temperature fluctuations across the world

10 Jun 2026 11:27 am
Centre announces 95,692 crore interim allocation under VB-G RAM G

In addition, an interim allocation of 95,692 crore has been released today to states and Union territories, which brings the total allocation to over 1.25 lakh crore

10 Jun 2026 9:35 am
India's exports hit all-time high of $863 bn in FY 25-26: Commerce ministry official

Additional secretary at the Union Ministry of Commerce, Nitin Kumar Yadav, revealed the numbers at a convention of exporters, industry bodies, and farmer producer organisations here

10 Jun 2026 9:28 am
OMCs received 1.23 lakh crore support to hold fuel prices

Fertiliser Ministry seeks double the subsidy allocation

9 Jun 2026 10:06 pm
Electricity bills set for reset, CEA proposes roadmap for fixed charges from users

CEA roadmap targets 100% fixed cost recovery from commercial users, 25% from households

9 Jun 2026 9:28 pm
Jet fuel prices hiked by 10 per cent

The move signals lifting of a 25 per cent cap on fuel sold to domestic airlines

9 Jun 2026 9:26 pm
Indias D2C startups attract $757 million as wellness and beauty brands scale

Investors have poured nearly $757 million into Indias leading direct-to-consumer brands over the last 18 months including The Whole Truth, Kapiva, SNITCH, Purple Style Labs, Foxtale and RENE Cosmetics, with wellness, beauty and fashion startups emerging as the biggest funding magnets as venture capital firms increasingly prioritising repeat purchases, omnichannel scale and profitability over rapid customer acquisition and vanity growth metrics

9 Jun 2026 9:23 pm
New-age FTAs shrinking Indias policy space, dictating domestic rules: GTRI

As trade deficits increase with most FTA partners, old and new, research body suggests setting up an FTA impact monitoring authority

9 Jun 2026 9:13 pm
Kharif sowing begins in Gujarat; Narmada irrigation water to be released from June 11

The decision comes at a time when more than 1.73 lakh hectares have already been brought under Kharif cultivation across the state, while the monsoon is expected to reach Gujarat after June 15

9 Jun 2026 9:13 pm
Higher oilseed price may prompt Indian farmers to expand area

Soybean prices are currently ruling higher than the minimum support price (MSP) of 5,708 per quintal announced by the Government for the 2026-27 marketing season

9 Jun 2026 9:03 pm
JSW Infra emerges successful bidder for Kolkata Port container berths

JSW Infrastructure has received a Letter of Award from the Syama Prasad Mookherjee Port Authority, pursuant to a competitive bidding process

9 Jun 2026 9:01 pm
Meenakshi Sundaram appointed NAARM Director

He played a key role in the development of improved Samba Mahsuri

9 Jun 2026 9:00 pm
Air India to launch hub-and-spoke international connectivity flights from June 25

Varanasi to become first spoke city under new model; passengers to complete immigration and baggage check-in at origin airport

9 Jun 2026 8:59 pm
Modified UDAN scheme set for June 20 launch; targets 100 new airports over next decade

The 28,840-crore regional connectivity programme to focus on underserved regions, helipads and long-term route viability

9 Jun 2026 8:57 pm
Amit Shah inaugurates Land Port Management System

LPMS will eliminate 90% of paperwork and help secure the borders, Union Minister of Home and Minister of Cooperation Amit Shah said on Tuesday

9 Jun 2026 8:56 pm
Complex fertilizer sales up 27% in May, chops of saving from lower sales of urea

Overall consumption of urea, DAP, muriate of potash (MOP) and complex was 39.5 lakh tonne (lt) in May against 39.4 lt a year ago

9 Jun 2026 8:55 pm
From growing to growing up: Why Indias $1.5-trillion direct-to-consumer market has come of age

D2C companies leased nearly 595,000 square feet of retail space in H1 2026 alone, accounting for 18% of Indias total retail leasing activity

9 Jun 2026 8:54 pm
Renewable energy expansion must be supported by better grid infra, says industry

CII-GBCs annual conference and expo saw experts and industry leaders discuss policies needed to drive Indias renewable energy sector

9 Jun 2026 8:54 pm
Flexi-staffing industry posts 8% growth, adds 1.18 lakh workers

Despite cautious market sentiment in 2025 and 2026 fuelled by global geopolitical tensions, the industry added 1.18 lakh new formal flexi-workers over the past 12 months

9 Jun 2026 8:51 pm
Post-MGNREGA: Centre fixes States share to implement job guarantee scheme under new law

Addressing the media, Chouhan said that the historic new arrangement coming into effect from July 1 should ensure a completely smooth, worker-centric transition without any disruption

9 Jun 2026 8:13 pm
Indian consumers lose up to 28,000 crore yearly to online dark patterns: Report

A new report highlights rising cases of hidden charges, forced actions and subscription traps across digital platforms

9 Jun 2026 7:28 pm
Rapido aims to go deeper into every taluk/ village in India: Co-founder

Rapido has around 30 lakh vehicles for rides in a month and the target is to reach up to 50 lakh vehicles very soon, Aravind Sanka, Co-Founder, Rapido, said

9 Jun 2026 7:22 pm
Tamil Nadu signals strong push for HD Hyundai Shipyard as Industries Minister visits Korea

Keerthanas visit is being viewed as a clear message that the State government is keen to move swiftly on the HD Hyundai project and establish Thoothukudi as a major shipbuilding hub

9 Jun 2026 7:20 pm
Zojila tunnel achieves breakthrough, marking major connectivity milestone

Cutting through the lofty Himalayas at an elevation of 11,578 feet, the 13.15-km tunnel will provide a year-around connectivity between Jammu and Kashmir, and Ladakh

9 Jun 2026 7:18 pm
Govt notifies rules to set up coal exchanges

The Ministry of Coal designated the Coal Controller Organisation in December 2025 as the authority responsible for registering and regulating coal exchanges

9 Jun 2026 7:03 pm
Maharashtra clears Navi Mumbai Metro expansion to connect Pendhar with international airport

The plans include a six-lane tunnel and elevated corridor between Ghodbunder Road and Bhayandar, along with expansion of Navi Mumbai Metro connectivity to the international airport.

9 Jun 2026 6:04 pm
Maharashtra sets up expert panel to tackle falling onion prices and farmer distress

The panel will study price trends, export policies, storage solutions and ways to strengthen the onion value chain.

9 Jun 2026 5:13 pm
India exports 1-tonne of GI-tagged Tezpur Litchi to Dubai

The ministry is promoting exports of agri products from the North Eastern Region

9 Jun 2026 4:53 pm
Nepal govt restricts imports of mangoes from India

As a result of the ban, the local markets are now filled with domestically grown mangoes

9 Jun 2026 4:53 pm
Air Indias foundations have been rebuilt; no plans to take up another full-time executive role: CEO Wilson

Outgoing CEO says supply chain disruptions and delayed deliveries slowed fleet modernisation and growth plans.

9 Jun 2026 4:33 pm
Rapido mobilises 4,00,000 captains for govt's Rahveer Road Safety Drive, sets Guinness record

As part of the launch, more than 4,00,000 Rapido captains and consumers took the Rahveer Pledge through the company's platform, setting a Guinness World Record, according to Rapido

9 Jun 2026 3:31 pm
Homestead farming can help combat climate change

Climate experts and scientists have pointed out that homestead farming can combat climate change in two ways, and on a large scale, says Rammohan Paliyath

9 Jun 2026 3:26 pm
Tamil Nadu assures support for HD Hyundai's proposed shipyard project

Guidance Tamil Nadu, the state governments nodal agency for investment promotion, said the ministers visit was a signal of continuity, confidence and commitment to industry

9 Jun 2026 3:06 pm
Indias monsoon gets positive IOD boost even as El Nino threat looms

Sea surface temperatures crossed El Nino threshold on June 7, while IOD may turn positive during August-September

9 Jun 2026 3:05 pm
Annual monsoon trawling ban comes into force along Kerala coast

Fisheries Department has announced free rations and financial assistance for registered fishermen and allied workers to help them tide over the lean period

9 Jun 2026 1:03 pm
Natural rubber prices soar to a record high of 267 per kg on global cues, supply woes

Rain, rising international prices, disruptions linked to the West Asian crisis, and raw material shortages drive the uptrend

9 Jun 2026 1:03 pm
IMD Update: Heavy rain in Goa, Karnataka, Kerala may ease after 2 days

Heavy to very heavy rain regime over parts of west coast may not sustain beyond next couple of days

9 Jun 2026 12:59 pm
India Inc to dole out salary hikes of up to 10.2% across industries in FY27: Report

The high-growth industries, led by EV and EV Infrastructure are expected to register salary increments in the range of 9.6-10.2%, TeamLease Services report, Jobs and Salaries Primer 2026-27 stated

9 Jun 2026 12:53 pm