The government increased fuel prices by Rs 3 per litre to support oil marketing companies facing losses due to high global crude oil prices and a weakening rupee. However, further rupee depreciation could negate these gains, with companies incurring significant daily losses. The price hike offers limited relief, covering only a fraction of projected losses.
Two thousand Jain manuscripts, collected by British entrepreneur Sir Henry Wellcome and held by the Wellcome Collection in London, are being returned to the Jain community. These 15th to 19th-century texts, believed to be the largest collection outside South Asia, will be transferred to the University of Birmingham.
As US President Trump returns from China, pressure mounts over Iran. Top aides are reportedly preparing options for renewed military action against Tehran if diplomacy falters, including intensified bombing and potential Special Operations deployments. Iran, meanwhile, signals readiness for conflict, while the Strait of Hormuz remains a critical concern for global oil prices.
