June 2026 – Page 479

India’s Gold and Gems Exports Projected to Reach 30-35 Billion Dollars in FY26

India’s gems and jewellery sector projected exports of $30-35 billion for FY26 despite a 30 percent dip in October exports.

Defence procurement in India continued to favour domestic manufacturers under the Make in India initiative boosting aerospace and defence industry.

FSSAI issued notices to Flipkart India and Open Secret after social media users reported finding insects in packaged date products.

Industry observers noted that India’s emerging AI governance framework could attract global tech investment to the country.

India’s food safety authority issued Nestlé a formal notice after social media complaints alleged the discovery of insects in Maggi noodles.

The Karnataka government sought the Centre’s assistance in resolving key water-related projects and interstate water disputes.

Indian micro small and medium enterprises showed early signs of recovery as the new US-India trade deal reduced tariff-related uncertainty.

Wall Street’s IPO market resurgence gathered momentum with SpaceX’s record listing paving the way for upcoming AI company public offerings.

The ICC Women’s T20 Cricket World Cup held in England was projected to deliver significant economic benefit to UK cities hosting matches.

Direct tax exemptions for the middle class announced in the 2026 Union Budget were credited with reviving discretionary consumer spending.