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

Unilever has imposed a global hiring freeze across all levels for at least three months, citing mounting business challenges from the escalating conflict in West Asia.

Oracle has eliminated nearly 30,000 jobs globally as huge investments in AI data centres and infrastructure strain its finances despite strong revenue growth

The Oracle Corp. campus in Redwood City, California

Business Standard

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

Donald Trump, Trump

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, both the Nifty MidCap and the Nifty SmallCap ended 2.24 per cent and 3.24 per cent higher, respectively.

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From the US-Iran conflict's global fallout to social media accountability, India's energy challenges and corporate law reforms, today's BS Opinion offers a wide-ranging policy perspective

Illustration: Ajaya Kumar Mohanty

All Air India flights to and from North America, Europe, Australia and other regions continue to operate per schedule

air india plane

The Central Government authorised on Sunday to make an ad hoc allocation of Public Distribution System (PDS) Superior Kerosene Oil (SKO) to the States and Union Territories (UTs) for distribution to households for cooking and lighting purposes, citing the ongoing West Asia conflict's disruption of energy supplies.The allocation includes the 21 states and UTs which are PDS SKO free.Earlier in the day, the Ministry of Petroleum  &  Natural Gas released a statement updating important steps undertaken to sustain uninterrupted energy supplies.In view of the continued closure of the Strait of Hormuz, proactive measures are being undertaken to maintain the uninterrupted availability of petroleum products and LPG across the country.All refineries are operating at high capacity, with adequate crude inventories in place. The country is also maintaining sufficient stocks of petrol and diesel.Domestic LPG production from refineries has been increased to support domestic consumption.28 ...

kerosene

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

rupee fall, crude oil surge, RBI OMO, bond yields, dollar index, currency markets, West Asia tensions

States fear losing political clout as faster population growth in states like UP, Bihar could tilt parliamentary representation, reshaping India's federal balance and democratic power structure

N Chandrababu Naidu, Chandrababu, Naidu

Bloomberg

US President Donald Trump said that Iran had agreed to allow 20 ships carrying oil through the Strait of Hormuz starting Monday morning and continuing over the next few days "out of a sign of respect."
"I would only say that we're doing extremely well in that negotiation but you never know with Iran because we negotiate with them and then we always have to blow them up," Trump told reporters Sunday night board Air Force One as he flew to Washington.
Trump was asked if Iran had responded to the 15-point ceasefire plan the US has proposed and he said, they did and added, "They gave us most of the points. Why wouldn't they?"
But Trump didn't offer details when asked about Iran, by his telling, appearing to make major concessions. "They're agreeing with us on the plan," Trump said.
He also said Iran's new Supreme Leader Ayatollah Mojtaba Khamenei "may be alive but he's obviously, very seriously in trouble. He's seriously wounded.

Press Trust of India

The Lok Sabha on Wednesday passed a bill to amend certain provisions in different laws for decriminalising and rationalising minor offences to further promote ease of doing business and living.
The Jan Vishwas (Amendment of Provisions) Bill, 2026, was passed with a voice vote.
The bill proposes to amend 784 provisions of 79 Central Acts administered by 23 ministries. It seeks to decriminalise 717 provisions and amend 67 provisions to facilitate ease of living.
It also seeks to rationalise more than 1,000 offences, removing outdated and redundant provisions, thereby improving the overall regulatory environment.
Replying to the debate on the bill, Commerce and Industry Minister Piyush Goyal said it will help people and MSMEs.
Amendments moved by Congress member K Kavya were rejected by voice vote.

Piyush Goyal, Piyush

Police have seized cash, liquor, narcotics and other items worth over Rs 274 crore in West Bengal, as part of intensified enforcement measures ahead of the assembly elections, officials said on Wednesday.
The cumulative value of seizures since February 26 stands at Rs 274.12 crore, reflecting heightened vigilance across the state, a statement issued by the office of the West Bengal Chief Electoral Officer (CEO) said.
"Cumulative seizures of cash, liquor, narcotics, precious metals, and other freebies have been executed to curb illegal inducements/misuse of money power in elections," it said.
The seizures include cash worth Rs 6.56 crore, liquor valued at Rs 43.37 crore, and drugs and narcotics amounting to Rs 58.13 crore.
In addition, precious metals worth Rs 25.46 crore and freebies valued at Rs 140.58 crore have also been confiscated, it said.
As part of broader security measures, authorities have also seized illegal arms and explosives, with 151 weapons recovered, the release .

ECI, election commission of india, election commission

Cites infrastructure push, industrial expansion and welfare gains in Utkal Divas message to chief minister

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Lok Sabha passes Jan Vishwas Amendment Bill to change 784 provisions

Cash, liquor, narcotics worth over ₹274 cr seized in Bengal ahead of polls

PM Modi projects Odisha as a key driver of India's next phase of growth

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