Bhutan–India Energy Deal: JSW Energy and Bhutan’s DGPC signed a shareholders’ agreement to jointly develop the 920MW Punatsangchhu-III hydropower project in Wangdue Phodrang, with DGPC holding 51% and JSW Neo Energy 49%; the detailed project report is now being prepared. Bhutan Development Funding: India approved a new tranche of Project Tied Assistance under the 13th Five-Year Plan for Bhutan, including Nu 500M for chain-link fencing to protect farms from wild animals, Nu 480M for urban infrastructure in seven districts, and major health, disaster-response, and disability-centre allocations. Local Tourism Pressure: Bumthang business owners say low tourist numbers and limited attractions are leaving hotels underutilised, urging more tourism facilities and private investment after occupancy stays around 50% in peak periods. Highland Support Plan: Bhutan’s highland districts (including Thimphu) are set to feed into a Special Technical Committee formed by India’s Home Affairs Ministry to assess winter livelihood challenges like grazing limits, human-wildlife conflict, and livestock losses. Regional Business & Connectivity: India’s cross-border connectivity push via Bangladesh aims to link Northeastern states with road/rail and boost trade, including port-rail links that could connect India, Nepal and Bhutan to Bay of Bengal routes. Industry Signals from India: Page Industries reported a 7.9% Q1 FY27 revenue rise, reflecting steady consumer demand in apparel and innerwear.