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Last update: 12 hours ago

West Asia Energy Shock: A 20,000-tonne LPG tanker safely docked at India’s Kandla port after crossing the Strait of Hormuz, as New Delhi again warned that attacks on commercial shipping and freedom of navigation are “unacceptable.” Trade & Industry: India’s gems and jewellery exports fell 9% in April to $2.2bn, with West Asia disruptions and uncertainty over US tariffs blamed for the drop. Space & Security: ICEYE will open its first India satellite production facility within 6–12 months, aiming to make small SAR satellites for defence, surveillance and environmental monitoring—its Asia-Pacific manufacturing hub. APEC Diplomacy: APEC economies met in Shanghai to push trade and investment priorities, including digital trade and reducing cross-border barriers, while a women-and-economy forum focused on entrepreneurship and digital transformation. Regional Resilience: Kazakhstan launched its first rain-making project to boost reservoir filling and water supply for agriculture. Business & Finance: Prudential agreed to buy a 75% stake in Bharti Life Insurance for Rs 3,500 crore, reshaping India’s life insurance JV landscape.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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