In a major step toward revitalizing northwestern India’s agrarian infrastructure, Rajasthan and Punjab have jointly advanced the Rs. 647.62 crore Firozpur Feeder Reconstruction Project. The initiative aims to enhance the Gang Canal irrigation network that serves over 3.14 lakh hectares in Sriganganagar and Hanumangarh districts. The project, approved by the Central Water Commission, will expand the feeder’s capacity and reduce water loss to Pakistan.

India’s horticulture sector has posted a robust year, with total production estimated to rise by 3.66% to 3,677.24 lakh tonnes in the 2024–25 season, according to the second advance estimates released by the Ministry of Agriculture. The increase is largely attributed to higher yields in fruits and vegetables, along with a modest expansion in the cultivated area. Agriculture Minister Shivraj Singh Chouhan credited the combined efforts of farmers, agricultural scientists, and policy interventions for the sector’s growth.

Odisha has announced its transition from a power-sufficient state to a "power-empowered" one, unveiling an ambitious energy roadmap aimed at enhancing renewable capacity, bolstering grid resilience, and transforming transmission infrastructure. Speaking at a regional energy ministers’ conference in Patna, Deputy Chief Minister K.V. Singh Deo outlined a vision to derive 61% of Odisha’s power from non-fossil sources by 2036.

Starting July 1, JSW MG Motor India will increase vehicle prices by up to 1.5% across most of its product portfolio. The company cited escalating input costs and broader macroeconomic pressures as key reasons for the adjustment. With a range that includes budget-friendly EVs such as the Comet EV (starting at Rs. 7.36 lakh) and premium SUVs like the Gloster (starting at Rs. 43.35 lakh), the price hike is poised to impact buyers across multiple segments. The move reflects an industry-wide trend as automakers recalibrate pricing strategies to preserve margins amid inflationary pressures.

Mukesh Ambani, India’s richest man and Chairman of Reliance Industries Ltd., has described the 2016 launch of Reliance Jio as the “biggest risk” of his life. In a candid interview with McKinsey & Co, Ambani reflected on the skepticism surrounding the multibillion-dollar rollout of 4G in a market seen as unprepared for it. But for him, the initiative was not just a business venture—it was a national mission.

Engineering and infrastructure major KEC International has announced fresh civil project wins totaling Rs. 1,236 crore, with a focus on high-rise residential developments in Western India. The new contracts, involving over 50 lakh square feet of construction, significantly strengthen the company’s Buildings & Factories portfolio while marking its deeper foray into the premium residential real estate segment. With this development, KEC is now engaged in constructing more than 70 high-rise buildings nationwide. The company’s year-to-date order inflow has crossed Rs.

India’s domestic aviation sector posted a modest growth of 1.89% in May 2025, with total passenger traffic reaching 140.56 lakh, according to data released by the Directorate General of Civil Aviation (DGCA). Market leader IndiGo maintained its stronghold with a 64% share, flying over 93 lakh passengers. Air India Group followed with 26.5% market share. Akasa Air and SpiceJet accounted for smaller fractions, at 5.3% and 2.4%, respectively. The report also highlighted operational performance, with IndiGo leading in on-time departures at 84%.

In a strategic move underscoring leadership continuity and operational momentum, CSB Bank has announced the extension of Pralay Mondal’s tenure as Managing Director and CEO for another three years. Effective from September 15, 2025, the reappointment reflects the bank’s confidence in Mondal’s stewardship, following a robust financial performance in the March 2025 quarter. The Kerala-based private sector bank reported a 26% year-on-year jump in net profit, reaching Rs. 190 crore.

In a bid to stabilize falling mango prices and shield Karnataka’s farmers from significant financial loss, the central government has sanctioned the procurement of up to 2.5 lakh tonnes of mangoes under the Market Intervention Scheme (MIS) for the 2025–26 marketing season. The approved support price stands at Rs. 1,616 per quintal—over four times the prevailing market rate of Rs. 400. This intervention follows concerns raised by Union Minister H.D. Kumaraswamy about the distress among mango growers.

Global private equity powerhouse Bain Capital has received clearance from the Competition Commission of India (CCI) to acquire a significant equity stake in Manappuram Finance Ltd (MFL) and its subsidiary, Manappuram Asset Finance Ltd (MAFL). The investment, valued at Rs 4,385 crore, is set to be executed in multiple phases, including preferential allotments, warrants, and a mandatory open offer. This strategic transaction marks Bain Capital’s deepening commitment to India’s non-banking financial services sector, particularly in gold and MSME lending.