Among the many prime information of the day is the most recent replace associated to the Air India Boeing crash in Ahmedabad. The Plane Accident Investigation Bureau is ready to launch its preliminary report subsequent week, in accordance with individuals accustomed to the matter.
Again house, the Union Cupboard authorised an employment linked incentive scheme with a price range outlay of almost Rs 1 lakh crore, set to offer employment to over 3.5 crore people. The Items and Providers Tax collections for June 2025 rose to Rs 1.85 lakh crore, marking a 6.2% enhance in comparison with Rs 1.73 lakh crore collected in June 2024, indicating regular financial momentum.
Right here’s a fast roundup of at the moment’s key headlines:
Air India Crash: AAIB To Launch Report Subsequent Week
The Plane Accident Investigation Bureau, who’s main the investigation into the June 12 Air India aircraft crash in Ahmedabad, is ready to launch its preliminary investigation report into the lethal accident by July 11, in accordance with individuals accustomed to the matter. This report, a 4–5-page doc, will provide the primary official insights into the circumstances surrounding the incident.
CCI Launches Probe In opposition to Asian Paints
The Competitors Fee of India launched a proper investigation in opposition to Asian Paints Ltd. on Tuesday after allegations of abuse of its dominant place within the ornamental paints markets. The event comes following a criticism by the Birla Opus Paints division of Grasim Industries Ltd., the flagship firm of the Aditya Birla conglomerate, the CCI mentioned in its launch on its web site.
US Markets Right this moment: Wall Avenue Retreats From Report Excessive
The US inventory market fell on Tuesday after they started the shortened week greater as traders monitor the progress in commerce negotiations. This comes after the broader index hit a report excessive final Friday and scaled a recent excessive on Monday. The S&P 500, within the early minutes of buying and selling, fell over 0.27%, whereas the tech-heavy Nasdaq Composite and Dow was down 0.40% and 0.16%, respectively forward of Fed Chair Powell’s speech.
Donald Trump Could Deport Elon Musk, If He Feels Like
President Donald Trump mentioned he would look into deporting billionaire Elon Musk in response to a query in regards to the ally-turned-critic of his signature tax and spending laws. “I don’t know,” Trump advised reporters on the White Home on Tuesday when requested if he would deport the South African-born entrepreneur and US citizen, earlier than including that “we’ll have to have a look.” The president’s feedback are the most recent salvo in a renewed feud between Trump and the world’s richest particular person, who has ramped up his criticism of a Republican tax invoice that expedites the top of a client credit score for electrical car purchases.
Reverse Merger On The Playing cards For JSW Paints?
JSW Paints Ltd., considered one of India’s fastest-growing paint firms, is doubling down on scale and ambition with its acquisition of AkzoNobel’s Dulux India operations. A reverse merger of the entity with JSW Paints is on the playing cards as soon as synergies are realised and approvals come via, says Managing Director Parth Jindal.
June GST Assortment At Rs 1.85 Lakh Crore
The Items and Providers Tax collections for June 2025 rose to Rs 1.85 lakh crore, marking a 6.2% enhance in comparison with Rs 1.73 lakh crore collected in June 2024, indicating regular financial momentum. Regardless of the yearly uptick, the collections are down 8.2% sequentially, because the GST mop-up in Could got here in at Rs 2.01 lakh crore.
Cupboard Okays Rs 1-Lakh-Crore Incentive Scheme
The Union Cupboard on Tuesday has authorised an employment linked incentive scheme with a price range outlay of almost Rs 1 lakh crore, as per a authorities launch. The scheme goals to create over 3.5 crore new jobs over the subsequent two years, with a powerful emphasis on the manufacturing sector and first-time employees.
Maruti Suzuki Gross sales Down 6% In June
Automotive maker Maruti Suzuki India Ltd. reported on Tuesday a 6% lower in complete gross sales at 1.68 lakh models in June as in opposition to 1.79 lakh models in the identical interval final 12 months. The corporate mentioned its home gross sales decreased 12% in the course of the month to 1.3 lakh models as in opposition to 1.5 lakh models in June 2025. Gross sales of mini-segment automobiles, together with Alto and S-Presso, decreased 37% to 9,395 models as in comparison with 6,414 models within the year-ago month, Maruti Suzuki mentioned in an alternate submitting.
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