Indian beer and alcohol producers are bracing for summer supply issues. Rising costs for glass bottles, paper cartons, and fuel, exacerbated by a weaker rupee and global conflicts, are squeezing margins. Brewers warn of potential disruptions as shortages of essential packing materials like glass and aluminum impact production, prompting calls for price revisions.
The Reserve Bank of India is pushing for a unified payments system. Customers will soon see all their payment mandates in one place. This includes UPI and credit card subscriptions. The move aims to protect users from tracking recurring outflows. The RBI is also developing advanced digital platforms for better risk management and customer service.
Precious metals like gold and silver have seen significant price drops despite global uncertainties and inflation fears. This trend is attributed to a slowdown in de-dollarisation, potential interest rate hikes, central bank selling, and reduced industrial demand for silver. The war in West Asia has disrupted traditional market dynamics, leading to a bearish sentiment.
A 50-year-old beauty parlour owner was found hacked to death in her Garia establishment on Tuesday. The assailant, a 44-year-old man believed to be from Haryana or Kashmir, was discovered dead outside, with police suspecting he died by suicide. Investigators believe a relationship gone sour was the motive.
A 30-year-old woman, Harshil Kalia, died in a late-night road accident in Jaipur’s Mansarovar area. Her car lost control, hit a divider, and overturned near the Nagar Nigam office on Shipra Path. She sustained severe head injuries and was declared dead at Jaipuria Hospital.
India is set to establish its third satellite launch centre in Gujarat, with a site identified near Gir Somnath district. This move, following consultations with IN-SPACe, aims to bolster the nation’s growing space sector. Gujarat is also developing a space park and a private satellite manufacturing plant, positioning the state as a key hub.
Indian Army and Air Force have successfully deployed a pontoon assault bridge using a Chinook helicopter. This joint exercise showcased seamless coordination and enhanced battlefield mobility. The capability allows swift river crossing, crucial for offensive operations and disaster relief. The versatile Chinook helicopter played a key role in this rapid deployment.
Defence Minister Rajnath Singh convened a high-level meeting to assess the West Asia crisis’s impact on India’s security. He stressed learning from the conflict to bolster defence preparedness, emphasizing a decade-long roadmap for integrated defence, self-reliance, and operational readiness. The meeting also reviewed supply chain resilience for defence equipment.
Thousands gathered at Delhi’s Ramlila Maidan for a CPI(M) rally, demanding the government condemn US-Israel attacks on Iran and Palestine and protect Indians abroad. Protesters also called for scrapping labour codes, a new rural employment act, and opposing trade deals. CPI(M) leader M A Baby challenged claims of the Left’s decline, highlighting widespread participation.
