Apple Inc's iPhone production in India crossed $70 billion in FOB value over FY22–FY26, with exports alone touching $50 billion — a resounding vindication of India's PLI scheme and a direct answer to those who question the country's manufacturing capabilities.
India’s central public sector enterprises (CPSEs) and key infrastructure bodies are set to exceed their FY26 capital expenditure targets for the fourth year in a row, reinforcing the government’s public capex-led growth model amid global headwinds.
The Indian government has approved sweeping reforms in FSSAI’s licensing and registration framework, including perpetual validity of licences, higher turnover thresholds and a risk-based inspection system, aimed at easing compliance while tackling food adulteration more effectively.
In a diplomatic win, Iran allows Indian LPG carriers Shivalik and Nanda Devi to cross the blockaded Strait of Hormuz under Navy escort, crediting PM Modi's leadership.
India's cooking gas supply is under pressure after the West Asia conflict blocked imports through the Strait of Hormuz. The government has invoked the Essential Commodities Act, boosted domestic production by 25%, and urges households not to panic-buy LPG cylinders.