EASE OF DOING BUSINESS GUJARAT
From Homemaker to Dairy Queen: All about Daryaben, this Gujarat woman who built a Rs 1.85 crore empire
Daryaben Rajput, a homemaker from Gujarat, transformed her modest dairy operation into a crore-rupee business. Managing over 300 cattle and employing 14 workers, she now supplies 1,000 litres of milk daily, earning an annual income of ₹1.85 crore. Her success highlights women's growing role as entrepreneurs in rural India.
Shubman Gill leads India to seven-wicket win over Afghanistan in rain-hit opener
India secured a seven-wicket victory over Afghanistan in the first ODI. Pacer Gurnoor Brar impressed on debut. Captain Shubman Gill played a stellar unbeaten knock. Rahmanullah Gurbaz scored a century for Afghanistan. The match was reduced to 25 overs per side due to rain. This win marks the start of India's preparations for the 2027 ODI World Cup.
Gujarat govt to unveil New Industrial Policy 2026 on June 15
Gujarat is set to launch its Industrial Policy 2026 on June 15, aiming to accelerate growth, attract investments, and foster innovation. The policy will focus on enhancing ease of doing business and promoting advanced manufacturing. Meanwhile, Chief Minister Patel inaugurated Hexaware Technologies' new Delivery Centre in GIFT City, expected to create 1,000 skilled jobs in AI and cloud computing.
Opposition's frustration has reached new levels: BJP after Sanjay Raut calls PM Modi 'aghori'
The BJP has strongly criticized Shiv Sena (UBT) leader Sanjay Raut for his remarks calling Prime Minister Narendra Modi an "aghori" and suggesting he comes from the "land of Aurangzeb." The ruling party stated that such comments reflect the opposition's escalating frustration and an insult to Gujarat.
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY report
The Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exporters as part of its Payments Vision 2028, according to an EY report, which identified cross-border payments as a key strategic priority for the next phase of India's digital payments growth.
GST@9: Building a more seamless, certainty-driven input tax credit framework
A more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more efficient GST ecosystem for businesses.
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Sebi to review delisting framework to ease exits
India's market regulator, SEBI, plans to review its delisting rules. This move aims to simplify capital market processes for businesses. SEBI has introduced several reforms recently to boost investor attraction. These include faster trade settlements and easier registration for foreign investors. The regulator is also working to simplify KYC rules for non-resident Indians.
India must expand international trade ties to reach $30 trillion economy vision by 2047: Piyush Goyal
Union Minister Piyush Goyal stated that India must expand international engagement to achieve its USD 30 trillion economy goal by 2047. He highlighted that developed nations' demographic challenges present opportunities for India's skilled workforce and that strategic partnerships will complement, not compete with, Indian industry.
Govt focusing on 'automation' of explosives units for safer operations: Official
The Department of Promotion of Industry and Internal Trade is prioritizing automation in explosives manufacturing. This move aims to significantly improve safety and prevent tragic accidents. The department is also strengthening regulatory reforms and increasing the capacity of the Petroleum and Explosives Safety Organisation.
States must leverage trade pacts to attract investment: PM Modi
Prime Minister Narendra Modi encouraged regional leaders to enhance trade collaborations and simplify business operations, stressing the need for self-reliance alongside a commitment to clean energy for long-term progress. He challenged states to convert their demographic potential into a development powerhouse by investing in education and vocational training.
The conviction in India continues to be very high: Citi's Achintya Mangla
India is a significant market for Citi, with growth expected in AI, energy, and data-center infrastructure. Foreign investors are currently cautious, questioning India's position in the global AI race and seeking improvements in ease of doing business. Despite short-term volatility, long-term conviction in India remains strong, supported by favorable demographics and growing manufacturing.
PM Modi draws attention to concerns arising from El Nino at NITI Aayog meeting
Prime Minister Narendra Modi addressed the NITI Aayog Governing Council, urging states to champion water conservation and organic farming. He emphasized self-reliance and attracting investments, particularly in defence manufacturing and emerging sectors like AI. The meeting also focused on empowering youth and increasing the number of Lakhpati Didis. States expressed solidarity in navigating global challenges and sustaining India's growth.
All four BJP candidates elected unopposed to Rajya Sabha from Gujarat
Four Bharatiya Janata Party candidates have been elected unopposed to the Rajya Sabha from Gujarat. The main opposition Congress did not field any candidates. Rajubhai Shukla, Mansinh Parmar, Mukeshbhai Rathwa, and Jitendra Kanjariya were declared winners. Their terms begin as the tenure of four sitting MPs concludes on June 21. Assembly members formed the electoral college for these biennial elections.
PM Modi-led govt's 12 years in power are 'transformational for industry': Maruti Suzuki chairman
Maruti Suzuki Chairman R C Bhargava lauded Prime Minister Narendra Modi's economic policies. He stated these policies have transformed Indian industry over the past 12 years. Vehicle exports and car manufacturing have seen significant growth. Rural sales also increased substantially. Infrastructure development reduced logistics costs. India is becoming a preferred global supply chain destination.
Asia’s currency fight moves offshore as central banks push back
Asian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dollar weaken regional currencies. Policymakers are increasing oversight of offshore derivatives and tightening trading limits to stabilize currencies like the rupiah, won, rupee, and peso, which have hit record lows.
Govt highlights tax reforms, investor confidence as Modi completes 12 years as PM
Prime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant achievements in tax reforms, digital expansion, and economic growth. India has transitioned to become the world's fastest-growing major economy. These reforms have boosted investor confidence and are paving the way for a USD 5 trillion economy.
Industry lauds Modi on becoming longest serving Prime Minister
Prime Minister Narendra Modi has become India's longest-serving elected Prime Minister. Industry leaders congratulated him, noting his transformative leadership. Under his tenure, India has seen significant economic development and reforms. The nation has emerged as an influential global voice. Industry leaders expressed confidence in achieving the Vision of Viksit Bharat by 2047.
Gujarat to introduce ‘Ultra Mega’ category in new industrial policy
Gujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is also adding more 'thrust sectors' like semiconductor ancillaries and drone manufacturing. Companies in this category can get up to 40% incentives on capital investment.
India attracted $843 billion in FDI between 2014-15 and 2025-26: Official
India has seen a significant rise in Foreign Direct Investment, attracting USD 843 billion between 2014-15 and 2025-26. Key government initiatives like Make in India and PLI schemes have boosted manufacturing and created numerous jobs. The nation's startup ecosystem is also thriving, with over 2.35 lakh recognized startups generating substantial employment.
Priority will be to bring back Tatas in big way: Bengal's new industries minister
Bengal's new Industries Minister Tapas Roy is focused on attracting major investments from the Tata Group. He aims to signal the state's readiness for industrial revival. Efforts will be made to bring back businesses that left West Bengal. The government will work to restore investor confidence and create an industry-friendly environment.
SEZ import relief to fast track chip projects
India's semiconductor manufacturing sector is set for a major boost. New rules exempt imports for Special Economic Zones from quality checks. This will speed up the setup of chip fabrication plants and assembly units. Companies can now import necessary equipment and materials without delays. Compliance with Indian standards will only be required when products enter the domestic market.
12 years of PM Modi: India should not only be resilient but also be antifragile
India faces significant global uncertainty and external challenges. Despite strong economic growth and improved financial stability, domestic investment remains a concern. The nation's resilience is being tested by fluctuating oil prices and global protectionism. Prime Minister Modi's leadership and the collective will of India are crucial as the country navigates these complex times.
Govt publishes rules for setting up of coal exchanges
India's government has published new rules for coal exchanges. This move aims to make coal trading more transparent and efficient. Coal producers will get better access to buyers. The Coal Controller Organisation will register and regulate these exchanges. This initiative supports ease of doing business and energy security.
Asian stocks rebound on Iran optimism, AI trade
Asian stocks rebounded, led by South Korea's Kospi, as Middle East tensions eased and artificial intelligence shares recovered. Wall Street also saw gains, with chipmakers like Nvidia climbing. Investors returned to risk assets, signaling confidence in the ongoing bull market despite recent volatility and inflation concerns.
PM Modi holds huddle with Economic Advisory Council on growth strategy; deliberates measures to improve ease of doing business and living
Prime Minister Narendra Modi convened with his Economic Advisory Council to chart a course for India's economic advancement. Discussions focused on boosting growth and setting long-term development objectives. The meeting followed recent government and RBI measures aimed at strengthening the rupee and attracting foreign investment. Experts emphasize the need for continued economic reforms to maintain momentum.
PM Modi chairs key meet with Economic Advisory Council to asses impact of West Asia war
Prime Minister Narendra Modi convened with the PM-Economic Advisory Council. Discussions focused on the West Asia conflict's impact on India and the global economy. Ideas were exchanged to enhance India's economic growth amidst global instability. Reforms aimed at improving ease of living and ease of doing business were also deliberated. The meeting addressed strategies for economic resilience.
FEMA case against Myntra closed following compounding: ED
Myntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no objection, allowing the e-commerce platform to settle alleged FEMA contraventions involving over Rs 45 crore with a one-time payment of Rs 2.88 lakh. This move aligns with the government's 'ease of doing business' initiative.
CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rollout
Traders' body CAIT seeks simpler GST rules. Tax collections have surged since 2017, but ground-level compliance remains difficult. More simplification will bring more businesses into the formal economy. This boosts government revenue and improves the economy. Reducing paperwork benefits trade and consumers. CAIT advocates for trader-friendly administrative practices.
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