OPEC+ agreed to a fourth consecutive oil production target increase of 188,000 barrels per day from July, despite ongoing US-Iran conflict disruptions. This decision comes as major Gulf producers struggle to meet demand due to export issues through the Strait of Hormuz.
A police sub-inspector and four associates allegedly stormed a Dehradun polytechnic college, vandalizing property and threatening staff after his son was caught cheating. CCTV footage captured both the cheating incident and the subsequent alleged assault. Both parties have filed FIRs, and the SI has been suspended pending investigation.
A Trinamool Congress councillor of the Kolkata Municipal Corporation, Mohammad Jasimuddin, was arrested on Sunday by the Bengal Police. He faces charges of molestation and harassment of a minor girl and has been booked under the POCSO Act. The arrest has led to heightened tension and increased security in the Jorasanko area.
A sudden rainstorm at IGI Airport’s Terminal 2 damaged three Air India aircraft when ground support equipment, dislodged by strong winds, struck them. One aircraft requires several days of repairs, while the other two are expected to resume flying this week. Officials are questioning the lack of a weather warning.
Home minister Amit Shah is set to launch the Land Port Management System (LPMS), a digital platform designed to streamline cargo and passenger processing at all land ports. This initiative aims to enhance efficiency, transparency, and security in cross-border operations, bringing them on par with airport and seaport systems.
India Hit by High Oil Prices, Says IATA DG Willie Walsh Rediff
Congress MP Shashi Tharoor has once again championed the humble idli, this time critiquing a viral post pairing it with chai. While a self-proclaimed chai enthusiast, Tharoor advocates for enjoying both delicacies separately, emphasizing the ideal fluffy texture of an idli. He previously defended idli against comparisons to rasgulla, highlighting its sophisticated fermentation process.
The average rate for a 30-year fixed mortgage eased to 6.48% last week, offering slight relief to homebuyers. This decline follows a recent climb to a nine-month high, influenced by inflation concerns and elevated oil prices. Despite the dip, rates remain higher than earlier this year, continuing to impact the challenging housing market.
Gautam Adani has reclaimed the title of Asia’s richest person, surpassing Mukesh Ambani. His net worth surged by approximately $2.5 billion on Friday, driven by significant gains across Adani Group’s listed companies like Adani Power and Adani Green Energy. This impressive comeback follows the dismissal of fraud charges, restoring his position among the world’s wealthiest.
Global airlines face a profit plunge in 2026, nearly halving earnings to $23 billion due to soaring fuel costs and Middle East conflict disruptions. Despite strong passenger demand and projected record revenues exceeding $1.1 trillion, profitability per passenger is expected to drop significantly. This geopolitical instability and rising operational expenses are reshaping the industry’s financial
