Author: News Desk

Bengaluru-based deep-tech startup AquaAirX has unveiled India’s first amphibious drone capable of operating both in the air and underwater. The innovation marks a significant step in the country’s growing drone and defence technology ecosystem. Founded by Gouthami T S and Jitendra Saini, the startup is developing autonomous robotic platforms that can seamlessly transition from aerial flight to submerged operations during missions. These drones are designed to support defence intelligence, surveillance, maritime monitoring, offshore infrastructure inspection, and environmental research. The amphibious drone enables continuous monitoring without the need for separate aerial and underwater systems, making operations faster, safer, and more cost-effective.…

Luxembourg is positioning itself as a key gateway for European and global investments into India, highlighting growing opportunities to deepen financial cooperation between the two economies. Speaking at the Global Securities Markets Conclave 2.0 at GIFT City, Luxembourg’s Finance Minister Gilles Roth described India’s growth trajectory as a “historic opportunity” for investors. He noted that India’s rapidly expanding capital markets and rising funding needs create strong prospects for deeper financial ties with Europe. Roth also emphasised that a potential EU–India trade agreement would be a strategic step forward, improving predictability for businesses, reducing investment friction and encouraging long-term partnerships between the regions.…

Adani Total Gas Limited (ATGL) has decided to keep prices of compressed natural gas (CNG) and piped natural gas supplied to households unchanged, even as it restricts gas supply to certain commercial and industrial consumers due to disruptions in global energy supply chains. The company, a joint venture between Adani Group and France’s TotalEnergies, sources about 70% of its gas domestically, which is mainly supplied to CNG vehicle users and residential piped natural gas (PNG) customers. Prices for these segments remain stable despite ongoing geopolitical tensions. However, around 30% of ATGL’s gas supply comes from imported liquefied natural gas (LNG), primarily used…

The Government of India has proposed merging IRCON International with Rail Vikas Nigam Limited (RVNL), a move that could significantly reshape the country’s railway infrastructure sector. The proposal has been initiated by the Ministry of Railways, which oversees both public sector enterprises. If approved, the consolidation would bring together two of India’s key railway project execution companies under one entity. Officials believe the merger could eliminate duplication of functions, pool resources and create a stronger organisation capable of handling large infrastructure projects both in India and overseas. The plan must still pass through several approval stages, including reviews by the…

Hindustan Petroleum Corporation Limited (HPCL) has resumed purchases of Russian crude oil after a pause of about three months, according to industry sources, signalling a shift in India’s oil procurement strategy amid global supply uncertainties. The state-run refiner has reportedly booked two Aframax tanker cargoes of Russian crude, which are expected to arrive later this month. The oil was purchased from a trader at a discount of about $13 per barrel compared to Brent crude prices, making the cargoes financially attractive for the company. Sources said the order for the shipments was placed before the United States and Israel launched strikes on Iran…

Shares of Mazagon Dock Shipbuilders Limited are drawing investor attention as the state-owned defence shipbuilder is expected to secure major submarine contracts in the coming years, potentially boosting its already strong order pipeline. The company is a key builder of warships and submarines for the Indian Navy and plays a central role in India’s defence shipbuilding ecosystem. Headquartered in Mumbai, the government-owned firm has built several frontline naval platforms and submarines for the country. One of the key opportunities ahead is additional orders related to the Project‑75 (India) submarine programme, under which India plans to build six advanced diesel-electric attack submarines to…

Flight operations between India and several Middle East destinations, including the UAE, continue to face major disruptions as airlines adjust schedules amid ongoing regional tensions. Indian carriers such as IndiGo, Air India and SpiceJet have issued travel advisories after airspace restrictions across parts of the Middle East forced widespread cancellations and delays. The disruption is linked to escalating conflict in the region, which has prompted multiple countries to limit or close sections of their airspace for safety reasons. IndiGo said it cancelled more than 500 flights to the Middle East and other international destinations between February 28 and March 3…

Indian wicketkeeper-batter Sanju Samson has quietly built a strong financial portfolio alongside his cricketing career. As of 2026, his estimated net worth ranges between ₹85 crore and ₹100 crore, placing him among the wealthier Indian cricketers of his generation. A large share of Samson’s wealth comes from the Indian Premier League (IPL). Since debuting in 2012, he has played for teams including Rajasthan Royals and later Chennai Super Kings, earning around ₹95 crore from IPL contracts alone across his career. He also earns through a BCCI central contract, which provides about ₹1 crore annually, along with match fees for international appearances. Endorsements with brands such as…

Kuwait has announced a temporary ban on the export of all food products in a move aimed at protecting domestic supply and stabilising local markets. The decision comes amid growing concerns over regional instability and potential disruptions in global food supply chains. Authorities said the measure is designed to prioritise the needs of Kuwait’s residents by ensuring that essential food items remain adequately available within the country. By restricting exports, the government hopes to prevent shortages and avoid sudden price spikes in the domestic market. Officials noted that the ban will remain in place until market conditions stabilise. The government…

The United States has issued a temporary 30-day waiver allowing Indian refiners to continue purchasing Russian crude oil, easing immediate pressure on India’s energy supply amid disruptions in West Asia. The waiver, issued by the U.S. Treasury, is aimed at preventing sudden supply shocks in global energy markets while allowing cargoes already in transit to reach Indian buyers. The decision comes as tensions in West Asia threaten oil supply chains and shipping routes, raising concerns about price volatility and availability. India has emerged as one of the largest buyers of discounted Russian crude since the Ukraine war, helping refiners secure cheaper supplies while…