India's wholesale price index (WPI) inflation hit a 14-month low of 0.39% in May, driven by cheaper food and fuel, although experts foresee potential price hikes due to global tensions. The industry ministry noted that positive inflation stemmed from specific sectors like food manufacturing and chemicals.
Big e-Aadhaar revamp on the cards! No more photocopies of Aadhaar card required, updation to become easy; check top steps
https://timesofindia.indiatimes.com/business/india-business/big-e-aadhaar-revamp-on-the-cards-no-more-photocopies-of-aadhaar-card-required-updation-to-become-easy-check-top-steps/articleshow/121878167.cms
https://timesofindia.indiatimes.com/business/india-business/big-e-aadhaar-revamp-on-the-cards-no-more-photocopies-of-aadhaar-card-required-updation-to-become-easy-check-top-steps/articleshow/121878167.cms
The Unique Identification Authority of India (UIDAI) is set to revamp e-Aadhaar, introducing a QR code-based system to eliminate need for physical copies. Updates, excluding biometrics, will be automated through integrated databases, reducing center visits.
RBI rate cut effect: SBI gives big relief to borrowers; slashes interest rates by up to 50 bps
https://timesofindia.indiatimes.com/business/india-business/rbi-rate-cut-effect-sbi-gives-big-relief-to-borrowers-slashes-interest-rates-by-up-to-50-bps/articleshow/121881363.cms
https://timesofindia.indiatimes.com/business/india-business/rbi-rate-cut-effect-sbi-gives-big-relief-to-borrowers-slashes-interest-rates-by-up-to-50-bps/articleshow/121881363.cms
State Bank of India reduced its lending rates by 50 basis points, effective June 15, 2025, lowering RLLR to 7.75% and EBLR to 8.15%. Fixed deposit rates for amounts up to Rs 3 crore were also decreased by 25 basis points across various maturities.
Electronics boom ahead! India's production may hit $282–500 billion by 2030; supply chain shift to boost mobiles, semiconductors
https://timesofindia.indiatimes.com/business/india-business/electronics-boom-ahead-indias-production-may-hit-282500-billion-by-2030-supply-chain-shift-to-boost-mobiles-semiconductors/articleshow/121881313.cms
https://timesofindia.indiatimes.com/business/india-business/electronics-boom-ahead-indias-production-may-hit-282500-billion-by-2030-supply-chain-shift-to-boost-mobiles-semiconductors/articleshow/121881313.cms
India's electronics manufacturing sector is poised for significant growth, potentially reaching $282 billion to $500 billion by 2030, driven by global supply chain shifts and increasing domestic production. Mobile phones, semiconductors, and consumer electronics are expected to be key growth drivers. Realizing this potential requires sustained policy support, infrastructure development, and strategic investments.
Auto sales steady in May: Two-wheelers, passenger cars lead growth; three-wheeler demand softens
https://timesofindia.indiatimes.com/business/india-business/auto-sales-steady-in-may-two-wheelers-passenger-cars-lead-growth-three-wheeler-demand-softens/articleshow/121882324.cms
https://timesofindia.indiatimes.com/business/india-business/auto-sales-steady-in-may-two-wheelers-passenger-cars-lead-growth-three-wheeler-demand-softens/articleshow/121882324.cms
May 2025 witnessed steady performance across vehicle segments in India, with total domestic sales reaching 20,12,969 units. Two-wheelers, particularly scooters, and passenger vehicles drove growth, while three-wheelers experienced a slight downturn. Optimism surrounds the sector due to recent RBI repo rate cuts and predictions of favorable monsoons, expected to boost affordability and consumer confidence in the coming months.
Iran-Israel conflict impact: Basmati rice prices to drop as exports to Iran, third largest buyer of Indian basmati, expected to decline
https://timesofindia.indiatimes.com/business/india-business/iran-israel-conflict-impact-basmati-rice-prices-to-drop-as-exports-to-iran-third-largest-buyer-of-indian-basmati-expected-to-decline/articleshow/121882668.cms
https://timesofindia.indiatimes.com/business/india-business/iran-israel-conflict-impact-basmati-rice-prices-to-drop-as-exports-to-iran-third-largest-buyer-of-indian-basmati-expected-to-decline/articleshow/121882668.cms
Basmati rice prices, recently elevated due to increased exports, are anticipated to decline due to potential export reductions to Iran amidst geopolitical tensions. Iran constitutes a significant importer of Indian basmati rice.
Indian trade: Mechandise exports decline in May; trade deficit narrows to $6.62 billion
https://timesofindia.indiatimes.com/business/india-business/indian-trade-mechandise-exports-decline-in-may-deficits-narrows-to-6-62-billion/articleshow/121883719.cms
https://timesofindia.indiatimes.com/business/india-business/indian-trade-mechandise-exports-decline-in-may-deficits-narrows-to-6-62-billion/articleshow/121883719.cms
India's exports reached $71.12 billion in May 2025, a 2.77% increase year-over-year, driven by strong services exports which rose to $32.39 billion. While merchandise exports saw a slight dip, the overall trade deficit narrowed to $6.62 billion. During the initial two months of FY26, exports grew by 5.75%, and India's total exports in 2024-25 hit a record $824.
Resilient India Inc: Indian companies to see stable growth in Q1 FY26; railway & defence related cos projected for significant uptick
https://timesofindia.indiatimes.com/business/india-business/resilient-india-inc-indian-companies-to-see-stable-growth-in-q1-fy26-railway-defence-related-cos-projected-for-significant-uptick/articleshow/121884659.cms
https://timesofindia.indiatimes.com/business/india-business/resilient-india-inc-indian-companies-to-see-stable-growth-in-q1-fy26-railway-defence-related-cos-projected-for-significant-uptick/articleshow/121884659.cms