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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; 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‘India has emerged as world's 3rd-largest domestic aviation market’, says Delhi CM
By ANI · 2026-06-13 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Delhi Chief Minister Rekha Gupta 

Delhi Chief Minister Rekha Gupta  | Photo Credit: -

Delhi Chief Minister Rekha Gupta highlighted the rapid transformation of India's infrastructure and digital ecosystem, stating that the country's metro rail network has expanded significantly over the years, while air connectivity has witnessed unprecedented growth through various government initiatives.

Addressing an event on Friday, Gupta said the metro rail system, which once had limited reach, has now become a vast network connecting major urban centres. "The metro network, which spanned 248 kilometres, has now expanded to over 1,095 kilometres and reached 26 cities. Similarly, we have witnessed a massive transformation in air connectivity. The 'UDAN' scheme turned the common citizen's dream of air travel into reality," the Chief Minister said.

She further emphasised India's growing prominence in the global aviation sector, noting the increase in operational airports. "Today, over 164 airports are operational across the country, and India has emerged as the world's 3rd-largest domestic aviation market," she said. The Chief Minister also highlighted the country's progress in the digital domain, saying that India's digital transformation has gained global recognition.'Digital India' stands as a global example today," she added.

Meanwhile, Delhi CM Rekha Gupta also paid heartfelt tributes to those who lost their lives in the devastating fire at Hauz Rani in Malviya Nagar and the tragic building collapse in Saidulajab, Saket, at a special and solemn programme held at the Delhi Secretariat. On the occasion, the Chief Minister honoured courageous citizens, police personnel, administrative officials and rescue workers who put their own lives at risk to save others.

They were presented with commendation certificates and cheques of ₹21,000 each in recognition of their efforts, according to a release from the Delhi CMO. Malviya Nagar MLA Satish Upadhyay and Chhatarpur MLA Kartar Singh Tanwar attended the event as distinguished guests. During the programme, the Chief Minister specially honoured Riyazuddin Mansoori, who displayed exceptional courage and presence of mind during the Hauz Rani fire by laying out mattresses that helped save several lives.

Appreciating his humanitarian effort, she ensured reimbursement of the cost of the mattresses he used and also presented him with a cheque of ₹21,000 as a gesture of encouragement. A two-minute silence was observed in memory of those who lost their lives in both tragedies.

Paying tribute to the departed souls, CM Rekha Gupta expressed deep condolences to the bereaved families. She announced that the Delhi Government would provide an ex-gratia payment of ₹10 lakh to the family members of each person who died in the two incidents. In addition, financial assistance of ₹2 lakh will be provided to those injured. She directed officials to ensure that the relief and compensation are disbursed swiftly, transparently and within a fixed timeframe so that affected families receive immediate support.

Published on June 13, 2026