News One Liner: 26-June-2025

  1. The Cabinet has approved the revised Jharia Master Plan to address fire-prone subsidence and initiate rehabilitation of affected families in Jharia Coalfield.
  2. Commerce and Industry Minister Piyush Goyal reviewed the PLI Scheme and urged a stronger focus on quality skill development and export competitiveness in self-reliant sectors.
  3. MoRD and MSDE signed an MoU to empower SHG women through structured skilling, entrepreneurship training, and market-linked livelihood initiatives under DAY‑NRLM.
  4. The Cabinet approved a ₹417 crore Electronics Manufacturing Cluster (EMC 2.0) in Gautam Buddha Nagar, UP, expected to generate 15,000 jobs and attract ₹2,500 crore investment.
  5. JSW Energy, through subsidiary Energizent Power, has signed a 25‑year PPA with NHPC for a 300 MW ISTS‑connected solar‑wind hybrid project in Rajasthan and Andhra Pradesh at a tariff of ₹3.49/kWh, commissioning expected within 24 months.
  6. Tata Steel has acquired 179.10 cr equity shares in its Singapore-based Arm, T Steel Holdings, by investing ₹1,562.54 cr (~$180 mn)—part of a planned $2.5 bn infusion during FY 2025‑26.
  7. During FY 2024‑25, Tata Sons and Singapore Airlines infused ₹9,558 cr (₹3,224.82 cr by Tatas; ₹6,333.18 cr by SIA) into Air India post‑Vistara merger, via preferential allotment in March.
  8. Institutional investments into Indian real estate fell by 37% YoY to USD 3.06 bn across 30 deals in H1 2025, with foreign funds contributing 68% and residential assets outperforming office assets.
  9. State Bank of India has selected Morgan Stanley, ICICI Securities, Kotak, Citigroup, HSBC to manage its ₹25,000 cr QIP; ICRA retained India’s FY26 GDP forecast at 6.2%, warning of external risks; NRI deposit inflows slowed to $751 mn in April; LRS remittances rose 8.6% YoY to $2.5 bn.
  10. ICRA has maintained India’s FY 2025–26 GDP growth forecast at 6.2 %, citing stable monsoon and lower oil prices despite global risks; April saw NRI deposit inflows of $751 million, while outward remittances under LRS rose 8.6 % to $2.5 billion.
  11. NRI deposit inflows slowed sharply to US $751 million in April 2025, while outward remittances under the RBI’s Liberalised Remittance Scheme (LRS) rose by 8–8.6 % to US $2.5 billion.
  12. Outflows via RBI’s Liberalised Remittance Scheme increased by 8.6 % year‑on‑year to US $2.5 billion in April 2025, driven by surging travel and investment activity.
  13. The Union Cabinet has approved a Rs 3,626 crore extension of Pune Metro Line 2, adding 12.75 km and 13 stations to improve east–west connectivity and ease urban transport.
  14. Odisha Government will introduce EV Policy 2.0 targeting 50 % battery electric vehicle registrations among new vehicles by 2036, revising incentives and expanding charging infrastructure.
  15. The World Bank has sanctioned over US $1 billion for reconstruction and development projects: US $930 million for Iraq’s railways, US $146 million for Syria’s electricity, and US $250 million for Lebanon’s public infrastructure.
  16. Bollywood superstar Salman Khan has become the owner of the New Delhi franchise in the Indian Street Premier League ahead of its third season.
  17. India’s javelin icon Neeraj Chopra clinched the 64th Ostrava Golden Spike title with an 85.29 m throw, the only athlete to cross 85 m at the event.
  18.  The International Day Against Drug Abuse and Illicit Trafficking was observed on 26 June 2025, highlighting the theme “The Evidence is Clear: Invest in Prevention”.
  19. Boston Consulting Group projects the global leisure travel market will triple from USD 5 trillion today to USD 15 trillion by 2040.
  20. Despite a 25 % year‑on‑year decline, Indian tech startups secured USD 4.8 billion in funding in H1 2025, earning the third‑highest global rank, after the US and UK.

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