May 2026 – Page 113

India Prepares Wheat Procurement Target of 343 Lakh Tonnes for 2026-27 Rabi Season

The government set its procurement benchmark for wheat ahead of the marketing season to ensure buffer stock management.

Enforcement Directorate officials conducted raids amid political tension in Kerala with CM Vijayan saying his government would not be intimidated.

Communities across the Jammu region observed the festival with congregational prayers at local mosques and open grounds.

Visuals from Delhi captured political activity ahead of upcoming electoral cycles as Congress workers gathered at AICC premises.

FM Nirmala Sitharaman said India’s economic fundamentals remain strong even as fuel fertiliser and foreign exchange costs weigh on households.

The latest data showed India’s forex reserves were at Rs 65.20 lakh crore approximately $688 billion providing a strong external buffer.

India along with the US Japan and Australia launched a coordinated strategy to diversify rare earth and battery mineral sourcing.

Indian refiners diversified crude sources in April and May to compensate for supply disruptions linked to the Iran war.

Steel import volumes rose sharply in April as domestic demand outpaced export activity for the first time in recent months.

The apex court said a proposed committee to define the Aravalli hill boundaries should include subject matter experts and relevant stakeholders.