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INDIA BUSINESS | Tue, 16 Jun 2026, 10:08PM IST Assam Chief Minister Himanta Biswa Sarma inaugurated new natural gas projects to bring piped natural gas to homes and industries, and compressed natural gas to vehicles. This initiative promotes cleaner energy and reduces reliance on imported fuels.

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INDIA BUSINESS | Tue, 16 Jun 2026, 10:04PM IST Sanjiv Ranjan, IORAs Secretary-General, said member states could benefit from Canadas inclusion into the fold considering its expertise in varied maritime domains.

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GLOBAL NEWS | Tue, 16 Jun 2026, 9:41PM IST Yum China will acquire Pizza Huts locations in mainland China. The private equity firm LongRange Capital will buy its locations in the United States and elsewhere.

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INDIA MARKET | Tue, 16 Jun 2026, 9:27PM IST The insurance-distribution platform aims to raise 883 crore through a mix of fresh issue and offer for sale, valuing the company at about 4,513 crore

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INDIA MARKET | Tue, 16 Jun 2026, 9:23PM IST India's Prime Minister Narenda Modi shakes hands with U.S. President Donald Trump before the plenary session at the G7 summit.

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INDIA NEWS | Tue, 16 Jun 2026, 9:21PM IST The Brihanmumbai Municipal Corporation (BMC) on Tuesday imposed a 20 per cent cut in water supply to industrial, commercial and sports establishments, as reservoir levels dropped to 10.35 per cent due to the delayed monsoon. The civic body also suspended water connections for construction projects and swimming pools, it said in a release. The cuts will be effective from Wednesday. The measures were announced following a review meeting about the water stock in reservoirs supplying water to the financial capital of the country. The restrictions are aimed at safeguarding potable water supplies and strict action will be taken against misuse or wastage of drinking water, the release said. The civic body has already implemented a 10 percent water cut from May 15.

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INDIA BUSINESS | Tue, 16 Jun 2026, 9:21PM IST Andhra Pradesh is set to significantly upgrade its electricity network. Twenty-four power transmission projects valued at Rs 3,507 crore will be completed and commissioned by December 2026. These initiatives aim to enhance grid stability and support the state's development. APTRANSCO is actively working on numerous projects to meet growing power demands and ensure reliable supply across Andhra Pradesh.

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INDIA NEWS | Tue, 16 Jun 2026, 9:19PM IST New Delhi: In the race for 87 Medium-Altitude Long-Range, Endurance unmanned aerial vehicles deal, around 10 bids have been received from Indian private and public sector firms.Around 10 bids have been received from Indian public and private sector firms by the Defence Ministry for the over Rs 30,000 crore project to buy 87 UAVs for the Indian Air Force, defence officials told ANI. Today was the last day for bid submission.Also Read: Indian tech firm delivers 106 turbojet-powered drones with precision strike capability to ArmyThe firms that have participated in the project include Hindustan Aeronautics Limited, Solar Defence and Aerospace Limited, AdDefence Systems Limited, Tata Advanced Systems Limited, Larsen and Toubro, and Raphe mPhibr Ltd.The mega project was cleared by the Defence Ministry last year, under which it wants to promote Indian manufacturers to build the drones planned to be used for surveillance and reconnaissance along with the capability to strike targets. The timelines for the bid submission were extended twice by the Defence Ministry to help the Indian firms prepare their responses.Valued at over Rs 30,000 crore, the project will reduce reliance on foreign defence equipment. The drones will come equipped with advanced surveillance and combat features, including real-time intelligence, surveillance, and reconnaissance (ISR) capabilities. Officials also revealed that plans are in place to integrate indigenous missile systems with these drones.Also Read: Drogo Aerospace delivers first batch of 41 JK 250e drones to Indian ArmyThe armed forces have finalised the specifications for the drones through a comprehensive scientific study, highlighting the growing need for effective surveillance along the country's borders with both Pakistan and China. Until now, Indian forces have heavily relied on foreign suppliers like the United States and Israel for their drone requirements.

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INDIA NEWS | Tue, 16 Jun 2026, 9:13PM IST The CAG's review of state finances showed 18 states exceeded the 3 per cent fiscal deficit ceiling in FY25, while combined state liabilities continued to rise over the decade

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INDIA MARKET | Tue, 16 Jun 2026, 9:12PM IST The incident is understood to have taken place around 11:40 a.m. local time between the Isle of Wight and the Normandy coast.

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INDIA BUSINESS | Tue, 16 Jun 2026, 9:11PM IST By integrating digital twins with AI-enabled insights and agentic capabilities, Unilever would be equipping manufacturing teams with advanced tools to identify issues sooner, simulate scenarios faster, and make smarter decisions across the production cycle...

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INDIA MARKET | Tue, 16 Jun 2026, 9:09PM IST Telegram has been banned till June 22.

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INDIA NEWS | Tue, 16 Jun 2026, 9:07PM IST The TVK government's white paper said Tamil Nadu added Rs 4.87 trillion in debt over five years, while total liabilities, including guarantees and off-budget borrowings, reached Rs 13.8 trillion

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INDIA MARKET | Tue, 16 Jun 2026, 9:01PM IST The hospital operator has also retained the flexibility to offer institutional investors a discount of up to 5% on the floor price.

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INDIA BUSINESS | Tue, 16 Jun 2026, 9:01PM IST Infrastructure Investment Trusts distributed 22,769 crore in FY26, while assets under management rose to 7.1 trillion amid growing investor participation

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INDIA MARKET | Tue, 16 Jun 2026, 9:00PM IST The government is looking to garner about Rs 3,000 crore from the OFS.

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INDIA MARKET | Tue, 16 Jun 2026, 9:00PM IST France vs Senegal

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INDIA MARKET | Tue, 16 Jun 2026, 8:59PM IST One fanquestioned why FIFA didn't opt for a November-December schedule if heat and player safety were the main concerns.

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INDIA NEWS | Tue, 16 Jun 2026, 8:54PM IST The government has increased export duties on diesel and aviation turbine fuel to discourage exports and ensure adequate domestic supplies amid the ongoing West Asia conflict

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INDIA MARKET | Tue, 16 Jun 2026, 8:53PM IST Artificial intelligence or AI

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INDIA BUSINESS | Tue, 16 Jun 2026, 8:52PM IST India's gems and jewellery exports saw a dip in May. High gold prices and supply issues impacted overall shipments. Gold jewellery exports declined significantly. However, studded gold jewellery exports showed growth. Cut and polished diamonds, lab-grown diamonds, and silver jewellery exports performed well. The industry is addressing challenges with the government.

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GLOBAL NEWS | Tue, 16 Jun 2026, 8:46PM IST The Iran war and lower crop prices have hurt makers of sulfur-based supplements. But farmers wont skip nitrogen-based fertilizers, no matter the cost.

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INDIA MARKET | Tue, 16 Jun 2026, 8:38PM IST Shrinkflation is gaining pace in the FMCG sector as brands are reducing product quantities while maintaining existing price points.

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INDIA BUSINESS | Tue, 16 Jun 2026, 8:36PM IST India's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator also cleared Temasek's investment in medical devices maker Romsons Group. These approvals pave the way for significant business consolidations in the financial and healthcare sectors. The deals involve substantial stake acquisitions and restructuring.

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INDIA MARKET | Tue, 16 Jun 2026, 8:30PM IST This development comes after HCLTech's Rs 1,427 crore investment in AI startup Sarvam AI.

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INDIA BUSINESS | Tue, 16 Jun 2026, 8:22PM IST The central bank has allowed a zero-risk weight on a large portion of ECLGS 5.0-guaranteed loans, reducing capital requirements for lenders under the scheme

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INDIA BUSINESS | Tue, 16 Jun 2026, 8:22PM IST `Providing competitive, world-class tax treatment wouldsignificantly increase Indias attractiveness for these massive institutional investments. (Australias pension system is valued at approximately $3.2 trillion)

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INDIA MARKET | Tue, 16 Jun 2026, 8:21PM IST Shares rose as much as 17%, extending gains since SpaceX's record initial public offering.

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INDIA NEWS | Tue, 16 Jun 2026, 8:20PM IST NPCIL has installed the reactor pressure vessel at Unit-5 of the Kudankulam Nuclear Power Project, marking a key step towards expanding clean-energy capacity

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INDIA MARKET | Tue, 16 Jun 2026, 8:14PM IST Piyush Goyal launched UPI at Nice Massena, France, as India expands its digital payments network across global markets.

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INDIA BUSINESS | Tue, 16 Jun 2026, 8:11PM IST The agreement is aimed at diversifying crude sourcing, strengthening feedstock security and improving working-capital efficiency for Essar's refining operations

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INDIA BUSINESS | Tue, 16 Jun 2026, 8:10PM IST Central banks remain very positive on gold, highlighting its significance amid a volatile geopolitical and economic environment

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