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Weekly News Platter |
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13 Jun, 2026, 06:03PM IST, PTI |
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Hello Reader,
In case you had a busy week, these are the top stories you need to get caught up to speed...
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Is India's economic growth real? Raghuram Rajan says something is off |
| Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap and warns of vulnerabilities from the Middle East conflict. Read more |
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EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delays |
| Electric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months for popular models. This shift is driven by increased fuel prices. Companies like Maruti, Mercedes-Benz, and BMW are experiencing unprecedented interest in their electric vehicles. Supply chain issues are now limiting production more than customer interest. Read more |
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IPL: Foreign players auctioned, paid, then unavailable? BCCI has a message for teams |
| The BCCI will not mediate player availability for the IPL, leaving it to franchises and players. Concerns over overseas stars pulling out due to injuries or national duty persist. Meanwhile, the board plans a gradual auction purse increase and eyes an early March start for the IPL post-2027 to accommodate more games, considering global cricket schedules and viewer fatigue. Read more |
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Air India plans to downsize with owner Tata balking at losses |
| Air India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Tata Group to focus on reducing significant losses. This strategic shift aims to stabilize operations and implement cost-cutting measures, impacting a previously ambitious growth agenda. Read more |
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India waives excise duty on petrol with higher ethanol |
| India's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended into the fuel, encouraging a greener approach to transportation and potentially lowering prices at the pump for everyone. Read more |
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India appoints Lt Gen Dhiraj Seth as next Army Chief |
| Lieutenant General Dhiraj Seth will become the next Chief of the Army Staff on June 30, 2026. He succeeds General Upendra Dwivedi. Lt Gen Seth currently serves as the Vice Chief of the Army Staff. He has a distinguished career spanning nearly four decades. His extensive experience includes command and strategic roles. He is a highly decorated officer. Read more |
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Europe rolls out new migration system: Here's what you need to know |
| The EU's new Pact on Migration and Asylum is now in effect, introducing mandatory screening for irregular arrivals and border asylum procedures for specific applicant categories. This reform aims to harmonize asylum processing, speed up decisions, and establish a mandatory solidarity mechanism to share responsibility among member states during migration surges. Read more |
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Emirates to screen every FIFA World Cup 2026 match on flights |
| Emirates will broadcast every FIFA World Cup 2026 match live onboard its flights via the Sport 24 channel. Coverage begins with the opening ceremony on June 11 and concludes with the final on July 19. Passengers can also catch other major sporting events, including the NBA Finals and Formula 1 races, live during their travels. Read more |
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US 'specifically' asked India to buy Russian oil in 2022, says EAM Jaishankar |
| India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oil was available and affordable. The United States had specifically requested India continue buying Russian crude. This action aimed to stabilize global energy markets. India's decision was driven by market realities, not politics. Read more |
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China company secures Kenya airport deal after Adani fallout |
| The East African nation awarded China Communications Construction Co. an engineering, procurement and construction contract to update and expand the Jomo Kenyatta International Airport, the people said asking not to be identified as they are not authorised to discuss the matter. Read more |
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Assam Cabinet decides to stop Aadhaar issuance to those aged above 18: CM Himanta Biswa Sarma |
| Assam Chief Minister Himanta Biswa Sarma announced that Aadhaar cards will not be issued to individuals above 18 to prevent illegal immigrants from obtaining the document. This measure, aimed at curbing illegal immigration from Bangladesh, will be fully implemented from April 1, 2027, though exceptions will be made for tea garden community and Scheduled Tribes members until then. Read more |
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