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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
Attack on seafarers condemned
Team BL · 2026-06-15 · via Economy News, Latest Economic News Today | The HinduBusinessLine

BIMCO, the International Chamber of Shipping, INTERCARGO and INTERTANKO have unanimously condemned the recent attacks on seafarers and commercial shipping in and around the Strait of Hormuz. The International Maritime Organization says it has verified 46 attacks on international shipping in the region since February 28, with 14 confirmed seafarer fatalities. “There is grave concern about the recent escalation of the conflict, which puts the lives of our seafarers at risk, compromises the safety of international shipping and restricts freedom of navigation... Crews are civilian in nature and... often have no say regarding which cargoes are transported or the routes taken,” says a joint statement.

AI-based alarm to keep wildlife off tracks

Alstom, a global leader in smart mobility, together with Flox Intelligence, is conducting field tests of AI technology to identify and deter wildlife along tracks. The tests show the system has potential to reduce the risk of collisions with wild animals — one of the common causes of disruptions on Swedish railways. AI-powered cameras identify animals in real time and activate tailored audio signals to scare them off the tracks. In the first test phase, the AI identified several species along the tracks, including moose, roe deer, fox and wild boar. The second implementation phase started in April to include both video detection and sound deterrence. Every year, around 5,000 animal collisions are reported in Sweden.

Published on June 15, 2026