3-day RBI MPC meet begins today; inflation, growth in focus

IANS | June 3, 2026 9:25 AM

New Delhi, June 3 (IANS) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) began its three-day policy meeting on Wednesday, with experts widely expecting the central bank to maintain status quo on interest rates amid volatile global conditions, driven by ongoing tensions in West Asia. The policy decision will be announced on Friday by Governor Sanjay Malhotra.

India on path to become global leader in Bio-Economy sector

IANS | June 3, 2026 9:14 AM

New Delhi, June 3 (IANS) Several positive factors, including increased policy support for sustainable agriculture and targeted bio-economy initiatives, will lead India on the path to become a global leader in the domain of Bio-Economy and bio-based agri-input sector, according to the government.

Energy security: Small modular reactors can ensure reliable power supply for defence manufacturing

IANS | June 2, 2026 6:06 PM

New Delhi, June 2 (IANS) India’s defence production and data centre ambitions are converging on the same constraint -- reliable power – and small modular reactors (SMRs) can support precision-oriented power supply for defence manufacturing and their deployment in emerging defence corridors could prove transformative for mission-critical operations, experts said here on Tuesday.

NPCI International launches UPI acceptance in Cambodia via KHQR

IANS | June 2, 2026 4:21 PM

New Delhi, June 2 (IANS) NPCI International Payments Limited (NIPL) -- the international arm of the National Payments Corporation of India (NPCI) -- in partnership with ACLEDA Bank Plc., on Tuesday launched Unified Payments Interface (UPI) acceptance in Cambodia through KHQR, the country’s national QR code system.

India, Germany explore partnership in quantum communications, photonics: Ministry

IANS | June 2, 2026 3:44 PM

New Delhi, June 2 (IANS) Mario Voigt, Minister-President of Germany’s Free State of Thuringia, on Tuesday met Minister of State (Independent Charge) for Science & Technology and Earth Sciences Jitendra Singh, with both sides exploring cooperation in quantum communication, photonics, space technologies and deep-tech innovation.

FCI rejects monopoly allegation in award of grain silo projects

IANS | June 2, 2026 3:43 PM

New Delhi, June 2 (IANS) The Food Corporation of India (FCI) has rejected allegations of favouritism and promotion of monopoly in the award of silo projects, asserting that the tendering process was open, transparent and conducted to enable more companies to participate in accordance with established procurement norms.