Bloomberg News India

India is working with appliance makers to standardize the cooling range of air conditioners to ensure that the minimum temperature is not set below 20C, in an effort to cut the energy use of these power guzzlers. https://bloom.bg/4ktNnu6

Pakistan’s climate minister accused India of using dams to disrupt the flow of the Indus River system, as both countries seek international support amid a fragile ceasefire agreement. Read more from his interview: https://bloom.bg/3SL0fji

India’s state-run refiners are planning to order 10 domestically-built vessels to transport fuels around the country as the government pushes ahead with its ambition to expand the shipbuilding industry. https://bloom.bg/4kG90re

India and the US will expedite trade talks to conclude an agreement that includes “early wins” for both sides, an official said, as the two nations race to clinch a deal before Washington’s tit-for-tat tariffs kick in next month. https://bloom.bg/43W6aqO

The Army’s 250th anniversary celebration on Saturday, which falls on the president’s birthday, has been criticized as an expensive vanity event that projects authoritarianism. But such parades are not without precedent. Here's what to expect: https://bloom.bg/45WKLjQ 📷: Alex Wroblewski/Bloomberg

California Governor Gavin Newsom accused President Donald Trump of misusing his power and warned the rest of the country to prepare for similar unrest as Los Angeles imposed a nighttime downtown curfew and protests over immigration raids stretched into a fifth night. https://bloom.bg/4jDVoLH

Nintendo sells a record 3.5 million Switch 2 gaming consoles in just four days. https://bloom.bg/4l6TYe5

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: * Quick-service restaurants * Eternal, Swiggy under fire * Corporate bonds Click here to read for free with your email: https://bloom.bg/3SJiZzR

Pakistan plans to raise its defense budget by 17% following its conflict last month with India, a boost expected to help Chinese weapons suppliers. https://bloom.bg/43X9PF6

Legislation to regulate dollar-linked tokens would tie digital assets into the broader financial system. Boosters and critics alike say that's a big deal. https://bloom.bg/4mUL5FR