Daily brief
The rupee fell 48 paise to 93.31 against the dollar after US-Iran peace talks failed, while India is buying record amounts of Russian crude ahead of Trump sanctions and ships carrying Iranian oil are anchoring off India as the US announces a blockade. Iran denied charging tolls for Indian tankers transiting the Strait of Hormuz.
India and Russia expressed intent to use common technology in future space stations, and both countries could benefit from oil and gas deals amid the Iran conflict.
India is modernising railways, increasing use of foreign players to move up the electronics value chain, and racing to build a quantum computer in Hyderabad.
India rises as China slows in mineral demand shift; the regulator is scrutinising how banks unwound rupee arbitrage trades.
Punjab residents face hours-long loadshedding, Thane gets six new police stations and 1,200 more cops, and an Indian engineer's Microsoft success story after 850 job rejections goes viral.
by WorldBrief & Maksim Micheliov | AI-generated summary