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Just in:   • Corporate lending grows at fastest pace in Q1: BOK  • Adani Ports secures 10-year marine services for Argentina's 1st LNG export to India  • Indian auto industry sees best-ever May retail sales at over 25.3 lakh units  • Sensex, Nifty open 1 pc lower amid West Asia tensions, weak global cues  • India, Venezuela discuss deeper energy ties amid crude supply concerns  Last updated: 08 Jun, 2026    India Industry Indian auto industry sees best-ever May retail sales at over 25.3 lakh units IANS | 08 Jun, 2026 The Indian auto industry saw its best-ever May retail sales at 25,31,067 units during the month, a 9.55 per cent year-on-year expansion -- with passenger vehicles (PVs) witnessing a robust 23.25 per cent growth, the Federation of Automobile Dealers Associations (FADA) data showed on Monday.  Industry Categories Agriculture Apparel Automobiles Business Services Chemicals Electronics & Electricals Handicrafts Industrial Supplies Machinery Metals & Minerals Pharma Construction & Real Estate       Headlines BHEL shares jump over 2 pc on bagging Rs 21,000 crore power project order IANS | 05 Jun, 2026 Shares of state-owned Bharat Heavy Electricals Limited went up by over 2 per cent on Friday after the engineering major secured an order worth over Rs 21,000 crore from Meja Urja Nigam Pvt Ltd (MUNPL) for setting up the 3x800 MW Meja supercritical thermal power project Stage-II at Prayagraj in Uttar Pradesh.    Read more.... CEPA with Oman comes as big boost for India's textile sector IANS | 04 Jun, 2026 The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which came into force this week, provides significant market access opportunities for India’s textiles and apparel sector to expand exports in a key Gulf market.    Read more.... Cotton duty waiver brings relief to TN's Tiruppur knitwear industry; exporters hail move IANS | 01 Jun, 2026 The Tiruppur knitwear and textile industry has welcomed the Centre’s decision to temporarily remove customs duty on cotton imports, describing it as a timely intervention that will help reduce production costs, improve raw material availability, and enhance the global competitiveness of India’s textile and apparel exports.    Read more.... Centre exempt all customs duties on cotton import from June 1 till Oct 30 IANS | 30 May, 2026 The government on Saturday announced a temporary exemption on all customs duties on the import of cotton from June 1 till October 30, to augment its availability for the Indian textile sector amid geopolitical tensions.    Read more....         Customs Exchange Rates Currency Import Export US Dollar ₹94.2 ₹92.5 UK Pound ₹128.85 ₹124.8 Euro ₹112.2 ₹108.45 Japanese Yen ₹59.85 ₹58 As on 06 May, 2026   Daily Poll What is the biggest war impact on MSMEs?  Export Disruption  Raw Material Spike  Freight Cost Surge  Payment Delays  Currency Volatility  All   Commented Stories

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