Water Crisis in Mumbai: BMC says lake reserves are down to 10.35% and has imposed a 20% water cut for industry, commerce and sports clubs, with stricter curbs from June 17 including disconnection of swimming pools and temporary suspension of construction water connections. Cotton Waste Pricing Clash: Over 250 grey yarn OE mills in Tamil Nadu warn of a 50% production cut unless cotton waste/Comber Noil pricing is reduced further after duty changes. Renewables & Storage Deals: Bondada Engineering wins an INR 1,338 crore NTPC REL EPC for a 250 MW solar project with 200 MWh BESS in Uttar Pradesh; GEON completes a 2.88 GWh BESS at Khavda, Gujarat, now fully operational. Industrial Policy & Inflation Data: India updates WPI with a 2022-23 base and adds Output/Input/Service PPI tracks to better map industrial price trends. Transport & Logistics: Ashok Leyland and Switch Mobility join Delhi-NCR’s old truck/bus replacement scheme with an 8% discount; Airbus expects India’s air trips per person to more than double. Tech, Trade & Security: Modi and Canada’s Carney push CEPA talks and a General Security of Information Agreement at G7; Telegram is temporarily blocked in India ahead of NEET re-exam to curb cheating. Energy Shipping Watch: Strait of Hormuz traffic is slowly returning post US-Iran deal, but full normalcy may take months. Markets & Consumer: Air India pilots a “basic fare” without complimentary meals on select routes to cut costs.