India's Index of Industrial Production expanded 7.3% in June 2026, its quickest pace in 23 months, according to official data. Manufacturing, electricity, capital goods and consumer-facing segments all posted strong output, giving the reading a broad base. The sharp acceleration reaffirms the IIP's role as the lead monthly gauge of factory and industrial activity in the economy.
The government released a revamped series of the Index of Core Industries, under which core-sector output grew 5% in June 2026, a five-month high. The new series adopts an updated base year, covers more sectors and carries revised weightages, aligning the index better with the current structure of production. Core industries feed directly into the Index of Industrial Production.
The Hindu
Sevenethics · CC0The government floated a fresh 10 GWh tender under the ₹18,100-crore production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage, easing norms and lowering subsidies to draw more players. Issued on 15 July, it is the final tranche of the larger 50 GWh initiative. The move signals a policy shift toward expanding domestic battery-storage manufacturing capacity.
Livemint
Prime Minister's Office, Government of India · GODL-IndiaGujarat topped NITI Aayog's first Investment Friendliness Index 2026, scoring 56.6 points among 17 major States. Maharashtra followed with 53.7 and Tamil Nadu with 53.3. The inaugural index ranks States on how conducive their environment is for investment, offering investors and policymakers a comparative benchmark of the ease of doing business across the country.
The Hindu
Ministry of Parliamentary Affairs · GODL-IndiaThe government introduced a Bill in Parliament to replace an Ordinance promulgated in June that had exempted foreign institutional investors (FIIs) and the Bank of International Settlements from capital gains tax and from tax on interest earned on their holdings of government securities. Converting the Ordinance into law requires parliamentary approval within the constitutionally mandated period.
The HinduPrime Minister's Office, Government of India · GODL-IndiaThe last seven days as one sheet — grouped by syllabus area, every figure worth memorising, and a quiz across the whole week.
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