Maharashtra plans a Rs 4,150 cr United Sadhav Integrated Maritime Complex in Palghar’s Wadwan region to boost #shipbuilding

Spread over 600 acres near Vadhan port, it will have shipbuilding/repair, dry docks, offshore services, and green ship recycling. Phase 1 starts in 2 years.

Developers seek 30-year lease, mega project status, and state support. Minister Nitesh Rane says it will position Maharashtra as a global maritime hub. MDL also plans expansion. #Ports
[Source]

🇺🇸⚔️🇮🇷 US forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces. Targets included missile launch sites and Iranian boats attempting to emplace mines. U.S. Central Command continues to defend our forces while using restraint during the ongoing ceasefire

– CENTCOM SPOX

#InternationalNews

CNG prices increased by Rs 2 per kg from today morning #Energy

🇷🇺⚔️🇺🇦 Insane footage of a Russian Kh-101 cruise missile being intercepted by Ukranian air defence over Kyiv.

Medical tourism logged strong revenue in FY26

In FY26, Fortis, Max, and Medanta saw low to mid double-digit growth in medical tourism revenue despite West Asia and Bangladesh unrest. High-end procedures and expansion into CIS, Africa, and Southeast Asia offset disruptions. Hospitals expect FY27 momentum to continue. #Health

Adani Green Energy Ltd (AGEL) has commissioned a cumulative 3.37 Gigawatt-hour (GWh) Battery Energy Storage System (BESS), the world’s largest single-location battery storage deployment outside China and among the fastest executed globally, says the company. #Batteries #Energy

Solar Group Chairman Satyanarayan Nuwal receives Padma Shri award from President Droupadi Murmu for his contribution to India's #defence manufacturing ecosystem

🇺🇸🇮🇳🇦🇺🇯🇵 QUAD FMs begin their press engagement -

Quad annouces initiatives for critical minerals, energy security, port infra, martime surveillance.

Quad to engage to deal & counter scam centers issues from South East Asia, says Australia FM

Quad to help develop Fiji's port infrastructure

#ForeignAffairs

Pakistan declines signing the Abraham Accords. #InternationalNews

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Good news for North & East India... A massive Western Distrubance (WD) will hit India from May 29 - June 3 bringing Rainfall

#Climate

The US has emerged as the second largest source of foreign direct investment into India during the last financial year, overtaking Mauritius. Singapore remained the top source, registering a healthy increase. #Economy

UP secured ~₹5,000 cr in new solar manufacturing for YEIDA, adding 7 GW capacity. CESC Green Power to invest ₹3,805 cr for 3 GW solar cell/module unit on 100 acres. Integrated Batteries India to invest ₹1,146 cr for 4 GW solar PV cell unit on 25 acres.

17 companies got allotment letters for solar, electrical, electronics, EV, smart infra, and IT projects. Other key investments: Advance Panels ₹66 cr for transformers/EV chargers, NDSB ₹40.52 cr for smart meters, Vega Industries ₹91 cr for appliances.

Projects to create 12,000+ jobs, with CESC alone adding 5,000. YEIDA is emerging as a key green energy and electronics hub. #Solar #Energy
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Aggreko India will invest ~₹400 cr to build its largest engineering/manufacturing facility outside Scotland in Phulgaon, Pune.

The MoU with Maharashtra, signed in the presence of CM Fadnavis, aims to create 1,000 jobs over 10 years. Work starts this year.

State promises fast approvals and incentives. Project will also boost local MSMEs via global supply chains. #MakeinIndia
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IRFC signed a ₹13,527 cr 20-year term loan with L&T Metro Rail Hyderabad to refinance Hyderabad Metro debt.

The move follows Telangana govt’s 100% takeover of L&TMRHL, making it state-owned. Refinancing replaces high-cost NCDs, commercial papers, and loans with cheaper rupee debt, no fees or prepayment penalties.

Backed by state guarantee and RBI debit mandate, it improves financial stability for the 69.2 km, 57-station PPP metro serving 5+ lakh daily riders and supports future expansion.

IRFC CMD Manoj Kumar Dubey said it shows IRFC’s role in long-tenor infra financing and creates a replicable model for urban transit. #Railways
[Source]

Kolkata International Airport Secondary Runway to be expanded, says WB CM Suvendu Adhikari #Policy #Aviation

US and India sign bilateral Critical Minerals Framework - will engage in international efforts to protect sensitive supply chains from coercive market practices and reduce our collective vulnerability to single-source monopolies.

The US is mobilizing more than $30 billion in letters of interest, investments, loans, and other support to protect supply chains.

#Geopolitics