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Just in:   • India, Venezuela discuss deeper energy ties amid crude supply concerns  • BHEL shares jump over 2 pc on bagging Rs 21,000 crore power project order  • RBI’s repo rate decision reflects wait-and-watch approach to assess evolving global situation  • India clocks robust 7.7 pc GDP growth in 2025-26, Q4 growth at 7.8 pc  • RBI keeps repo rate unchanged at 5.25 pc, maintains ‘Neutral’ stance 
Last updated: 05 Jun, 2026  
 India Industry
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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.
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      Headlines
cepa.jpg 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. 
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tirupur.jpg 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. 
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cotton.jpg 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. 
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nifty9.jpg Nifty, Sensex end lower this week over below-normal monsoon forecast, FII selling
IANS | 30 May, 2026
The Indian equity benchmarks posted notable losses during the week due to sustained FII selling and below-normal monsoon forecast, causing fears of food inflation. 
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