Economy National
India’s economy wrapped up the first quarter of FY26 with a mixed performance across key sectors, reflecting a cautious consumer environment, resilient manufacturing, and divergent sectoral momentum. GST and Consumption Trends Goods and Services Tax (GST) collections in June grew by just 6.1% year-on-year, the slowest pace in four years, totaling ₹1.85 lakh crore.
Agriculture National
Niti Aayog has withdrawn a contentious discussion paper proposing trade reforms in India’s agricultural sector, following protests from farmers and political pressure. The document, which outlined a potential framework for liberalising farm trade with the United States, sparked widespread criticism for suggesting changes to long-standing protections for Indian producers.
Defence National
DRDO Chairman Dr. Samir V. Kamat has officially confirmed that India’s homegrown Uttam Active Electronically Scanned Array (AESA) radar will be integrated into the Tejas Mk1A fighter jets starting from the 41st aircraft. This announcement clarifies recent confusion over whether Israeli radar systems would be used throughout the entire production run. Tejas Radar The
Government Policies National
In a major economic policy boost, the Union Cabinet on July 1 approved two high-impact schemes aimed at employment generation and technological innovation. The decisions include a ₹1.07 lakh crore Employment Linked Incentive (ELI) Scheme to create formal jobs, and a ₹1 lakh crore Research, Development and Innovation (RDI) scheme focused on deep-tech and sunrise […]