India’s ambitious Production-Linked Incentive (PLI) framework is showing measurable results, with the government disbursing ₹21,534 crore across 12 strategic sectors to bolster domestic manufacturing and attract investment. Since its inception in 2021, the PLI initiative has been positioned as a catalyst to make India a global production hub. Supported sectors now report a combined investment of ₹1.76 lakh crore, production and sales worth over ₹16.5 lakh crore, and job creation exceeding 12 lakh across direct and indirect employment.

In the wake of torrential rainfall and flash floods, Himachal Pradesh is grappling with significant devastation, particularly in Kullu and Kangra districts. The calamity, exacerbated by cloudbursts and rising water levels, has already claimed at least five lives, with several others reported missing. The state government has issued an orange weather alert, expecting further rainfall and potential landslides through the weekend. While rescue operations are ongoing, the flash floods have disrupted infrastructure and posed a serious threat to local tourism.

The monsoon season in Kerala has intensified, leading to severe waterlogging, rising river levels, and widespread disruption in districts such as Ernakulam, Idukki, and Thrissur. The India Meteorological Department (IMD) has issued orange alerts across several districts, forecasting heavy rains and potential flash floods. As water levels in key rivers like the Periyar, Muvattupuzha, and Bharathapuzha surge, authorities have issued warnings for landslides and advised the public to stay alert.

As the revered Jagannath Rath Yatra approaches in Puri, authorities have intensified preparations to ensure a secure, well-managed festival. With thousands expected to converge, the District Magistrate and Police Superintendent have outlined comprehensive safety protocols, including the deployment of NSG forces and advanced anti-drone measures. The arrival of the three chariots marks the commencement of the Gundicha Yatra, underscoring the spiritual fervor enveloping the event. Devotees from across India, like Mumbai’s Pooja Anand, describe the experience as profoundly transformative.

In a landmark development aimed at reshaping the future of malaria prevention, GSK plc and Bharat Biotech International Ltd have jointly announced a strategic commitment to reduce the price of the world’s first malaria vaccine for children—RTS,S—to under $5 per dose by 2028. The price cut, driven by enhanced production capacity, cost-efficient manufacturing, and minimal profit margins, aligns with pledges made to Gavi, the Vaccine Alliance, as part of its 2026–2030 replenishment phase.

In a decisive move to expand its footprint in the AI-powered education and GovTech landscape, GACM Technologies has signed a definitive agreement to acquire a 30% equity stake in WeXL Edu Pvt Ltd, valuing the deal at approximately ₹500 crore. The Telangana-based fintech firm aims to leverage WeXL's robust AI platform and government-focused order pipeline to transition into advanced AI agent development.

In a series of reformative decisions, the Punjab Cabinet has approved significant amendments to its industrial land conversion policy, offering greater flexibility to industrial plot owners to repurpose land for alternative uses like hospitals, hotels, and industrial parks. The changes are expected to enhance ease of doing business, reduce litigation, and generate new revenue streams for the state.

Tata Play, India's leading direct-to-home (DTH) service provider, reported a deeper consolidated net loss of ₹529.43 crore for the financial year 2024–25, widening from ₹353.88 crore in FY24. The company also saw a 5.15% drop in operating revenue, citing intensified competition from peers like DishTV, Airtel Digital TV, and DD Free Dish. While the firm successfully reduced its net debt and curtailed advertising costs, ongoing merger talks with Bharti Airtel were called off, and its planned IPO remains stalled due to regulatory hurdles.

In a significant boost to India's growing digital economy, Cognizant Technology Solutions is set to invest over ₹1,500 crore in a new technology campus at Kapuluppada IT Hills in Visakhapatnam. The initiative, announced by Andhra Pradesh Information Technology Minister Nara Lokesh, is expected to generate approximately 8,000 jobs over three phases. The American IT giant will begin operations from a temporary facility in early 2026, ahead of the completion of Phase I of its permanent campus by early 2029.

Mumbai-based pharmaceutical giant Lupin Ltd has received a crucial regulatory nod from the U.S. Food and Drug Administration (USFDA) for its generic version of Prucalopride tablets, designed for the treatment of chronic idiopathic constipation (CIC) in adults. The approval covers two dosage strengths—1 mg and 2 mg—and positions Lupin to compete in a U.S. market segment estimated at $184 million annually, according to IQVIA MAT data for April 2025.