The report said India is moving beyond immediate crisis management and adopting medium- to long-term strategies focused on growth protection, energy security, and economic stability.
The Centre has increased export duties on diesel and aviation turbine fuel from June 17 while maintaining existing rates on petrol. Officials said the move is aimed at safeguarding domestic fuel availability.
The wholesale food inflation was at of 4.49 per cent in May compared to 3.11 per cent in April.
India's merchandise exports rose 18 per cent to $45.2 billion while imports grew 20.62 per cent to $73.41 billion in May with the total trade deficit recorded at $28.21 billion, according to the Commerce Ministry data.
The latest development came after the ED produced both former executives before special PMLA courts, which allowed their custodial interrogation. The arrests had been made earlier on June 12 under the Prevention of Money Laundering Act (PMLA).
Piyush Goyal said India–US trade negotiations are moving steadily, with multiple rounds completed. He stressed that any deal must benefit both sides and cannot be rushed with deadlines.
A growing number of households across Western Odisha have benefitted from reduced energy costs, with many enjoying zero electricity bills.
At the close, the Sensex rose 426.86 points, or 0.51%, at 84,818.13, while the Nifty was up 140.55 points, or 0.55%, at 25,898.55.
According to the ED, the action was taken for alleged contraventions of Section 4 of FEMA, which pertains to unauthorised transfer or holding of foreign exchange or assets abroad.
The Minister underlined that green hydrogen is emerging globally as the backbone of future energy systems.
