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India, UAE step up efforts to expand re-dirham trade

India, UAE step up efforts to expand re-dirham trade

India and UAE are boosting efforts to expand rupee-dirham trade, with over 15% already settled in local currencies since July 2023. The aim is faster trade and cost reduction, despite bottlenecks, targeting wider adoption and simplified processes.
India, Slovakia sign defence cooperation intent, deepen ties

India, Slovakia sign defence cooperation intent, deepen ties

India and Slovakia deepened ties, elevating relations to a comprehensive partnership during PM Modi's first-ever visit. They signed a defence cooperation intent and MOUs on digital tech, labour, education, and audio-visuals, boosting collaboration in defence, AI, and supercomputers.
Wheat, corn and soy futures fall on U.S.-Iran deal news

Wheat, corn and soy futures fall on U.S.-Iran deal news

Wheat futures at the Chicago Board of Trade dropped 11-12 cents/bushel after a U.S.-Iran deal was announced. The agreement aims to end conflict and resume traffic through the Strait of Hormuz.
Japan company to set up rare earths magnet unit in Andhra Pradesh

Japan company to set up rare earths magnet unit in Andhra Pradesh

Japan's Proterial will invest ₹2,250 crore in Andhra Pradesh to build a 1.2 ktpa rare earth magnet plant. This boosts India's EV and wind turbine component production, reducing reliance on Chinese sources.
European natural gas falls on U.S.-Iran peace agreement

European natural gas falls on U.S.-Iran peace agreement

European natural gas contracts slumped Monday following a U.S.-Iran peace agreement. This boosted investor sentiment and falling crude prices, easing inflationary pressures across global cash markets.
Bengaluru suburban rail: First train in November 2027; luggage racks, cycle stands likely in all coaches

Bengaluru suburban rail: First train in November 2027; luggage racks, cycle stands likely in all coaches

Bengaluru's suburban rail project sees first train by Nov 2027, with 306 coaches from ICF costing Rs 4,270.30 crore. Corridors 2 & 4 open by 2029, others by 2030, featuring luggage racks and cycle stands.
Kolkata Airport Upgrade Expands Travel And Terminal Access 

Kolkata Airport Upgrade Expands Travel And Terminal Access 

Kolkata Airport is undergoing a major infrastructure upgrade to boost handling capacity, modernize facilities, and ease congestion. This expansion aims to enhance passenger experience, operational efficiency, and strengthen regional connectivity amid rising travel demand.
Kolkata Port Revival Cuts Cargo Waiting Time 

Kolkata Port Revival Cuts Cargo Waiting Time 

Kolkata Port's Kidderpore Dock revival cuts cargo waiting time, boosting efficiency and strengthening eastern India's logistics network. This modernization supports faster trade movement, reducing costs and reinforcing the city's regional gateway position.
U.S.-Iran peace deal welcome, hope it lasts: Anantha Nageswaran

U.S.-Iran peace deal welcome, hope it lasts: Anantha Nageswaran

CEA Anantha Nageswaran welcomed the U.S.-Iran peace deal, hoping it lasts for India's oil, gas, and fertilizer imports. He urged public sector leadership to accelerate nuclear energy, build strategic reserves, and foster India's own 'Mittelstand' for national strength.
Ahmedabad Aviation Investigation Continues With Technical Analysis

Ahmedabad Aviation Investigation Continues With Technical Analysis

Over a year after the fatal Air India AI171 accident near Ahmedabad, a technical investigation continues, focusing on accuracy, evidence, and data-driven analysis. The prolonged review aims to identify systemic lessons, strengthen aviation safety, and reinforce public confidence.

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