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Oracle’s global layoffs, impacting up to 30,000 employees, have now reached India, with over 2,500 jobs cut. As the tech giant doubles down on AI and data centres,

Iran's Parliament Security Committee on Monday approved the Strait of Hormuz Management Plan, which includes measures to impose tolls on vessels passing through the strategic oil route.

The RBI tried to stabilise the rupee by capping banks’ forex positions. It worked, for a few hours. But deeper pressures remain. Oil prices, capital outflows, and structural risks are still pushing

Trump claimed that an Iranian leader had sought a ceasefire. He added that the United States would consider it only when the Strait of Hormuz was open, free, and clear

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Trump said talks with Iran were underway but warned that the US would step up strikes if no agreement is reached

Prime Minister Narendra Modi on Monday said Assam saw a long span of instability, but things changed in the past decade as the BJP's double-engine government made every effort to ensure peace in the state.
Twelve peace agreements were signed by the government with different organisations in the northeast, Modi said while addressing the BJP's booth level workers in poll-bound Assam as part of the 'Mera Booth, Sabse Mazboot Samvaad'.
The initiative aimed at giving messages directly to party activists ahead of polls.
The prime minister said BJP workers must remind people how the Congress "used to make agreements only on paper to create headlines and mislead people".
"We have seen the era when Assam was burning in violence. Assam saw a long span of instability, but things have changed in the past decade. But today, we can see a new confidence as the BJP's double-engine government has made every effort for peace," he said.
Under the Congress, peace agreements were pushed aside and the 

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Press Trust of India

Though Bangladesh is reviewing the ban and had said any further steps will depend on opinion of its sports ministry, termination by JioStar means there will be no local broadcaster for the IPL season

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Reuters

Customs authority has slapped a demand notice of Rs 23.52 crore, including duty and penalty, on air-condition maker Voltas over alleged mis-classification of certain imported goods, a regulatory filing said on Monday.
The company is analysing the order and will take appropriate course of action including filing of an appeal before the CESTAT in the matter, said the Tata Group firm.
As per the order, there was "mis-classification of certain imported goods pertaining to the period from 14th June, 2019 to 21st July, 2022".
It is "demanding payment of differential customs duty of Rs 10.76 crore along with applicable interest, and a penalty of Rs 12.76 crore under the relevant provisions of the Customs Act, 1962,"
According to Voltas, there is no material impact on the financials, operations or other activities of the company due to this penalty.

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Disruptions from Iran war have sharpened underlying challenges in a sector that is still recovering from last year's shocks

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The rupee eventually settled at 94.81 per dollar on the final trading day of the 2025-26 financial year, little changed from Friday's close

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Lee highlighted that disruptions in global energy supply--particularly due to virtual blockades around the Strait of Hormuz have significantly pushed up fuel prices

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