Economy / Market Snapshot – June 2025

General News

• Govt issues gazette notification to conduct India’s 16th census.
• Monsoon session of Parliament scheduled from July 21 to August 12.
• Election Commission revises voter list for bypolls, first time in two decades.
• India has never accepted mediation, will never accept it: PM Modi to US President Trump.
• India refuses to sign SCO joint statement for not explicitly addressing concerns over Pakistan-sponsored
  terrorism.
• Rajnath meets Chinese counterpart; calls for solving complex issues under structured roadmap.
• PM Modi meets UK Foreign Secretary David Lammy; calls for united global action against terrorism.
• Ajit Doval holds discussions with Chinese FM Wang Yi and Russia’s Security Council Dy Secretary in Beijing.
• Jaishankar meets Central Asian Foreign Ministers; signs cooperation programs, discusses trade.
• India-Croatia sign 4 MoUs on Agriculture, Culture, Technology, Hindi Chair at Zagreb University.
• Defence Ministry clears ₹2,000 crore contracts under emergency procurement for counter-terror
  operations.
• Indian Army conducts trials of next-gen defence technologies under simulated operational conditions.
• Government sets target of ₹3 lakh crore defence production by 2029.
• Indian Navy commissions INS Arnala, first in ASW-SWC series.
• BJP observes ‘Samvidhan Hatya Diwas’ on 50th anniversary of Emergency declaration.
• Lalu Prasad re-elected as RJD’s national president.
• Axiom-4 Mission with India’s Shubhanshu Shukla, 3 others lifts off from Florida.
• ISRO conducts first-ever rocket launch test in Uttar Pradesh’s Kushinagar.
• Supreme Court probe confirms misconduct, seeks removal of Justice Varma in cash haul case.
• Parag Jain appointed as new RAW Chief, succeeds Ravi Sinha.
• International Yoga Day: Guinness record set with over 3 lakh people participating at Visakhapatnam event.
• PM Modi inaugurates world’s highest Chenab rail bridge, Anji cable-stayed bridge in J&K.
• PM Modi flags off Katra-Srinagar Vande Bharat Express trains.
• President Murmu promulgates ordinance to amend J&K Reservation Act, implements 85% in Ladakh,
  excluding 10% EWS.
• Govt to provide ₹25 crore for 2060 houses damaged by Pakistani shelling in border areas.
• Delhi CM Rekha Gupta launches ‘Air Pollution Mitigation Plan 2025’; flags off 100 electric buses.
• Maharashtra makes hindi default but not mandatory in primary classes.
• Kailash Mansarovar Yatra 2025: First batch flagged off, five years after Covid-19 outbreak.
• India records 9% above-average June rainfall as monsoon arrives early.
• Record rainfall followed by floods and landslides batter Northeast India
• Govt launches Operation Sindhu to evacuate Indian nationals from Iran.
• Air India plane crashes near Ahmedabad airport; kills 241 people aboard the aircraft and 19 on the ground.
• Ex-Gujarat CM Vijay Rupani among 169 Indians, 53 Britishers onboard.
• G7 summit held in Canada with focus on trade, wars in Ukraine, Gaza, Israel, Iran.
• Israel’s Netanyahu survives opposition bid to dissolve parliament.
• US joins Israel in precision airstrikes on Iran’s nuclear facilities.
• Trump announces total ceasefire between Iran and Israel.
• Iranian parliament committee approves general plan to suspend cooperation with IAEA.
• Netanyahu declares ‘historic’ victory while US intel reports Iran nuclear sites not destroyed.
• Ukraine says Russia launched the biggest overnight drone bombardment of the war.
• Russia celebrates Russia Day amid claims of one million military casualties in Ukraine.
• Volodymyr Zelenskyy and Donald Trump meet at NATO summit.
• Russia launches biggest aerial attack on Ukraine since start of war.
• Protests intensify in Los Angeles after Trump deploys hundreds of National Guard troops.
• US President order banning citizens of 12 countries from entering United States comes into force.
• US President Donald Trump hosts Pakistan Army chief Asim Munir for lunch.
• U.S. resumes visas for foreign students but demands access to social media accounts.
• Judge puts temporary hold on Trump’s latest ban on Harvard’s foreign students.
• Germany’s former foreign minister Baerbock elected UNGA President.
• India abstains from UNGA resolution urging permanent ceasefire in Gaza.
• NATO members agree to spend 5% of their GDPs on defence & security.
• India, Canada agree to restore High Commissioners, trade talks and other dialogues snapped over Nijjar
  killing.
• Bangladesh’s Muhammad Yunus announces polls in April 2026.
• North Korean leader Kim Jong-un pledges unconditional support to Russia in Ukraine conflict.
• China, Hong Kong national security authorities launch first publicly known joint operation.
• Neeraj Chopra reclaims world number 1 rank in javelin throw, Arshad Nadeem placed fourth.
• IPL 2025 Final: 18-year wait ends as RCB lift maiden IPL trophy.
• Suryakumar Yadav crowned Most Valuable Player of the Season; Prasidh Krishna claims the Purple Cap.
• Sai Sudharsan wins the Orange Cap and Emerging Player of the Year Award.
• ICC Hall of Fame 2025: MS Dhoni, Hayden, Graeme Smith among 7 inducted ahead of WTC final.
• WTC final: South Africa ends 27-year drought of major ICC title.
• Sachin Tendulkar-James Anderson unveil trophy for India vs England test series.
• England chases down 371 runs to beat India in series opener at Headingley.
• Rishabh Pant reaches career-high 7th in ICC Test rankings.
• Magnus Carlsen clinches seventh Norway Chess title; Gukesh finishes third.
• French Open: Carlos Alcaraz defends crown in longest-ever final; Coco Gauff clinches first title.
• FIFA Club World Cup 2025 kicks off in the United States with 32 teams from across six FIFA
  confederations.

Business News

• Gross GST collections double in 5 years to record ₹22.08 trillion in FY25.
• Private sector business activity rises to 14-month high in June: PMI data.
• Government to discontinue Bharat brand products as food prices stabilise.
• Gadkari announces plans for aerial pods, e-buses to ease traffic woes.
• Piyush Goyal discusses India-EFTA Trade Agreement during Switzerland visit
• Centre amends rules on mining of rare earths as global demand soars.
• India, China discuss rare earth curbs amid auto industry concerns.
• Govt launches ₹2.3-crore startup programme to fast-track rooftop solar installation.
• Government clears ₹417-crore electronics manufacturing cluster in Uttar Pradesh under EMC scheme.
• Gujarat rolls out electronics policy to draw investment of ₹35,000 crore.
• Govt to launch FASTag-based annual pass of ₹3,000 for private vehicles from August 15.
• Railways to hike fares from July 1; introduces mandatory e-Aadhaar authentication for tatkal tickets.
• DRDO transfers 9 defence technologies to 10 Indian firms to expand defence manufacturing base.
• Govt relaxes SEZ norms for manufacturing chips, electronic components.
• India’s first maritime NBFC-Sagarmala Finance Corporation launched.
• RBI cuts repo rate by 50 bps to 5.5%, reverses stance to ‘neutral’.
• ₹2,000 notes worth ₹6,181 crore still in circulation: RBI.
• Central Bank acquires 25.18% stake in Future Generali India Life Insurance.
• CCI okays Bain Capital’s proposal to acquire stake in Manappuram Finance.
• SEBI approves NSE’s expiry to Tuesday, BSE to Thursday.
• Aditya Birla Lifestyle shares list at ₹167.75 post demerger.
• Leela Palaces parent firm Schloss Bangalore, Oswal Pumps among others make their market debut.
• Jio BlackRock gets SEBI nod for broking and clearing services.
• ADB approves $800 million package for Pakistan despite concerns raised by India.
• EU agrees to set aside ‘energy and raw material’ talks with India for now.
• Sri Lanka, China ink MoUs to boost trade partnership.
• Trump announces US-China trade deal on rare earths, student visas, and tariffs.
• US and UK announce a trade deal, but steel imports are still being negotiated
• India imposes five-year anti-dumping duties on select imports from China, Taiwan, Russia.
• India, Italy agree to enhance agriculture and energy cooperation, investments.
• US, G7 allies agree on tax framework, scrap ‘discriminatory’ clause.
• US Fed keeps interest rates unchanged for 4th time amid elevated inflation.
• China holds key lending rates steady in June despite economic headwinds.
• Siemens-led consortium wins ₹4,100 crore contract for bullet train signalling, telecom work.
• Dassault Aviation partners with Tata to manufacture first-ever Rafale fighter aircraft fuselage in India.
• Bharat Forge inks MoU with French company Turgis Gaillard for unmanned aerial vehicles.
• Hindustan Aeronautics wins bid to privatise India’s small satellite launch rockets.
• Airbus wins contract to provide infrared protection on German Air Force aircraft.
• IndiGo, Delta, Air France-KLM, Virgin Atlantic announce partnership.
• CAQM bans new petrol, diesel 2-wheelers & LCVs for aggregators in NCR from Jan 2026.
• Maruti Dzire is first sedan in India to get 5-star BNCAP safety rating.
• Volvo Cars picks HCLTech as supplier for engineering services.
• TVS Motor partners with Kadam Mobility to deploy 500 electric three-wheelers across India.
• Tesla launches new ‘Robotaxi’ service in Texas.
• Hyundai exits Ola Electric, Kia trims stake in ₹6.89 billion EV sell-off.
• World’s largest container ship MSC Irina docks at India’s Vizhinjam Port, receives grand water salute.
• Larsen & Toubro bags water infra contracts worth ₹1,000-2,500 crore from Rajasthan govt.
• Andhra Pradesh partners with Nvidia to set up AI university, train 10,000 students.
• BEL, Tata Electronics ink pact to boost India’s semiconductor self-reliance.
• Microsoft rolls out Copilot Vision for Windows.
• OpenAI wins $200 million contract with U.S. military.
• DoT urges state governments to use BSNL and MTNL for enhanced data security.
• Starlink, Amazon ink first satellite broadband pacts in India ahead of spectrum allocation.
• Honeywell signs pact with NTPC Green to explore sustainable aviation fuel production.
• Adani Total Gas, Reliance’s Jio-bp partner to offer each other’s fuels in select outlets.
• No entry for Ola, Uber under aggregator rules, Goa CM assures taxi unions.
• Bike-taxi platforms halt services in Bengaluru as HC ban order takes effect.
• Swiggy enters concierge segment, launches new app Crew.
• Govt cracks down on dark patterns, gives e-commerce firms 3-month audit deadline.
• Delhivery gets CCI nod to acquire majority stake in Ecom Express for ₹1,400 crore.
• Apple unveils biggest cross-platform software redesign at WWDC 2025.
• Foxconn sends 97% of India iPhone exports to U.S. as Apple tackles Trump’s tariffs.
• Amitabh Kant steps down as G20 Sherpa, joins Fairfax as senior advisor.
• Rajiv Memani takes over as new CII President.
• TVS Motor promotes MD Sudarshan Venu as Chairman effective August 25.