India’s strategic worry grows as Trump and China boost Pakistan

GMR Airports Limited has expanded its portfolio. Its subsidiary, GMR Hyderabad International Airport Limited, finalized acquiring seventy percent stake in ESR GMR Logistics Park Private Limited. The deal was completed after fulfilling precedent conditions. This acquisition will strengthen GMR's airport-based industrial and warehousing assets. Shares of GMR Airports Limited increased following the announcement.

New India Assurance Company Ltd. has been served a show cause notice by tax authorities demanding Rs 2,298 crore in Goods and Services Tax (GST) for the financial years spanning April 2018 to March 2023. The notice, issued on June 26, 2025, prompts the insurer to justify why the alleged GST demand should not be levied.

U.S. National Transportation Safety Board chair Jennifer Homendy expressed hope that the Indian government will promptly share details from the Air India crash investigation, which resulted in 260 fatalities. India's civil aviation ministry reported the successful downloading of flight recorder data with NTSB assistance. Homendy emphasized the importance of swift public disclosure for aviation safety, public awareness, and overall transparency.

The Department of Telecom has penalized Bharti Airtel. The penalty is Rs 6.48 lakh. It is for violating subscriber verification rules in Assam. The violation relates to a consumer application form audit. The audit was for the quarter ending March 2025. Bharti Airtel disagrees with the notice. The company will take action for rectification and reversal.

The Department of Telecom is proposing new cyber security rules to combat mobile phone fraud. A new platform will validate phone numbers used by entities like banks for transactions. Authorized entities will pay ₹1.5 per validation request, while others pay ₹3. A pilot project is underway to flag fraudulent numbers, deactivating them for 90 days.

Following the Air India plane crash, Tata Sons convened its first board meeting, where Chairman N Chandrasekaran briefed the leadership on the tragedy and subsequent relief measures. The group is collaborating with Tata Trusts to enhance support for those impacted.

Union Minister Sarbananda Sonowal inaugurated Sagarmala Finance Corporation Limited (SMFCL), India's first maritime sector NBFC. Registered with the RBI, SMFCL aims to bridge financing gaps and offer sector-specific solutions to empower ports, MSMEs, and institutions. This initiative aligns with the Maritime Amrit Kaal Vision 2047, fostering India's growth as a global maritime power.