United Spirits Ltd., the Indian subsidiary of global liquor major Diageo, has revised the composition of the investor consortium involved in acquiring a stake in the company that owns the Royal Challengers Bengaluru (RCB) franchise in IPL. Importantly, while the structure of the buying group has changed, the financial terms and overall economics of the high-value transaction remain unchanged.

India is ready to extend all possible support to bring peace in West Asia, Prime Minister Narendra Modi said on Friday during his talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan.

The Modi-Al Nahyan meeting took place shortly after the prime minister landed in the Gulf nation in the first leg of his five-nation tour that also includes four European countries.

Defence Minister Rajnath Singh and Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday laid the foundation for nearly ₹16,000 crore AMCA infrastructure here in Sri Sathya Sai district.

The Advanced Medium Combat Aircraft (AMCA) project is expected to generate 7,500 jobs, an official release said.

India's decision to raise petrol and diesel prices by ₹3/litre may only be the beginning, with the current hike widely seen as insufficient to fully offset mounting under-recoveries faced by oil marketing companies (OMCs). While the move offers partial relief to state-run fuel retailers, it also raises fresh concerns around inflation, monetary policy, and foreign investor sentiment at a delicate stage for the Indian economy.

Oil marketing companies raised petrol and diesel prices across the four metro cities on Friday. The prices were raised by around ₹3 per litre for both fuels, in line with the recent increase in global energy prices amid the ongoing West Asia war, which has caused a supply crunch.

Petrol in the national capital will now cost ₹97.77 per litre, up from ₹94.77, while diesel will be priced at ₹90.67 per litre, compared with ₹87.67 earlier.

US President Donald Trump said Iran is "finished" and must either negotiate a deal to end the ongoing conflict or face destruction.

"Deal or annihilation for Iran," Trump stated during an interview with Fox News on the final day of his three-day trip to China. He emphasised that the US cannot "let Iran have a nuclear weapon."

VD Satheesan was elected leader of the Congress Legislature Party (CLP) on Thursday, clearing the way for him to become the next chief minister of Kerala.

After more than 10 days of waiting following the Assembly election results, the Congress officially announced Satheesan’s selection at a press conference. The announcement was made by AICC General Secretary Deepa Dasmunsi in the presence of senior Congress leaders Jairam Ramesh, Ajay Maken, and Mukul Wasnik.

India’s commercial vehicle industry has finally crossed its pre-FY19 wholesale peak, driven by improving fleet economics, Goods and Services Tax (GST)-led cost reductions and infrastructure spending. But even as Tata Motors rode that recovery to record revenues and a 15-year high earnings before interest, taxes, depreciation and amortisation (EBITDA) margin.

Sunil Bharti Mittal, chairman of Bharti Enterprises, the parent company of India’s second-largest carrier Bharti Airtel, is looking to hand over to the next generation in a decade’s time, by which he expects promoter shareholding in Airtel to rise to above 51 per cent.

Mittal, who briefly joined the earnings call for the quarter ended March 2026 on Thursday.

Tamil Nadu Chief Minister C Joseph Vijay on Thursday announced a 2 per cent hike in Dearness Allowances for government employees and teachers.

With the revision, the Dearness Allowance (DA) was increased from 58 per cent to 60 per cent, effective from January 1, 2026, an official release said.

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