Daily brief
India's first fast breeder nuclear reactor in Kalpakkam has reached criticality, marking a major milestone in the country's three-stage nuclear program toward greater fuel self-reliance. The reactor is considered India's most advanced atomic reactor and is key to its long-term energy plans.
Conflict in the Middle East has disrupted oil shipments through the Strait of Hormuz, forcing India to turn to Venezuelan crude to replace faltering Middle Eastern supplies.
Campbell Wilson has resigned as CEO of Air India before completing his five-year term, amid reports of mounting losses and a turbulent tenure at the state-owned carrier.
Adani has moved a U.S. court seeking dismissal of an SEC fraud case, arguing that the lawsuit lacks jurisdiction.
Indian shares declined ahead of a looming U.S. deadline on Iran, while the rupee ended higher as traders eyed the deadline and an RBI policy decision.