The Indian market is set to become one of the top three growth regions for Danfoss globally. The company will invest Rs 1,000 to Rs 1,200 crore in localisation over the next three years. Danfoss India aims for strong growth, enhanced local sourcing, and carbon emission reduction, aligning with India's sustainability goals.

India and the US plan to negotiate a multi-sector Bilateral Trade Agreement to boost market access, cut tariffs, and enhance supply chain integration. Both countries aim to double their bilateral trade to USD 500 billion by 2030. Current negotiations on trade tariffs are ongoing.

Cargill has opened a new corn milling plant in Gwalior, Madhya Pradesh, in collaboration with Saatvik Agro Processors to address rising domestic demand. The facility, with an initial capacity of 500 tonnes per day, aims to produce high-quality starch derivatives and could expand to 1,000 tonnes daily, potentially exploring export opportunities in the future.

The Directorate of Enforcement (ED) has attached properties worth Rs 65.46 crore linked to ex-general manager Dorjee Tshering Lepcha of the State Bank of Sikkim in a money laundering case. Assets include residential properties and land in Sikkim, along with bank accounts holding Rs 53.41 crore. Lepcha allegedly created a fake government account to siphon funds.

India and Belgium discussed possibilities for bilateral maritime security cooperation in the Indo-Pacific and explored ways to enhance defence industrial ties. Defence Minister Rajnath Singh, Princess Astrid, and Belgian Defence Minister Theo Francken led discussions that also included setting up an institutionalised defence cooperation mechanism, reflecting a steadily expanding partnership focused on trade and investment.

Financial liabilities are suspected to be the motive behind the mass murder committed by Afan in Venjaramoodu. Afan allegedly killed five family members due to a debt of over Rs 65 lakh. He claimed their financial burdens pushed him to commit the crimes. Police are also probing other angles, including possible drug involvement.

Rescue teams in Nagarkurnool are working to save eight people trapped for over five days in a collapsed SLBC tunnel. The operation involves cutting through the tunnel boring machine and removing debris. Efforts are in full swing, with national and international experts on site. The incident has caused fear among workers, and some are planning to leave.

Arunachal Pradesh has potential to generate 50,000 mw of hydropower, as emphasized by Vice President Jagdeep Dhankhar. Given the state's key role in India's energy future, the sector holds an investment potential of Rs 5 lakh crore. Dhankhar highlighted the significance of cultural festivals and developments during his visit.

A CAG report has found significant financial irregularities in the Excise Supply Chain Information Management System (ESCIMS) in Delhi, revealing undue benefits of Rs 24.23 crore to the implementing agency. Payments were made for unauthenticated liquor bottles not scanned through barcode at Point of Sale between December 2013 and November 2022.