Flex-Fuel Push: India launched E85 ethanol fuel in New Delhi, aiming to cut crude imports and support rural ethanol demand, alongside the first flex-fuel passenger vehicle rollout. Coal Market Reform: The government is set to launch Coal Exchanges under new rules, moving coal sales toward transparent many-to-many trading and clearer price discovery. Energy & Economy Watch: CEA Nageswaran flagged West Asia-linked oil price risk as the biggest threat to growth, inflation and government finances if disruptions drag on. Defence & Infra: Zojila Tunnel’s final breakthrough nears completion for all-weather Kashmir-Ladakh connectivity, while BRO is upgrading Rajouri’s corridor with new double-lane bridges to ease bottlenecks. Trade & Industry: India invited global pharma firms to partner on innovation-led growth; India also secured EU clearance to keep exporting aquaculture, honey and eggs beyond Sept 2026. Markets & Governance: SEBI’s interim action in Rajesh Exports’ case and the resulting market hit underline governance risks; ED expanded a CMRL probe over alleged fictitious software expenses. Water Stress: Delhi’s Yamuna-linked supply shortfall is expected to persist despite extra Haryana releases. Mobility Expansion: VinFast-backed Green SM launched an all-electric ride-hailing service in India, starting in Delhi NCR.