Pune police have arrested the mother of the minor in the Porsche car accident case after confirmation that his blood samples were replaced with hers, the city police chief said on Saturday. She is likely to be produced in a court during the day.

As part of their probe, the police also spoke to the minor for about an hour at the observation home, where he has been sent till June 5, in his mother's presence.

In a first, the Reserve Bank of India (RBI) on Friday cancelled the auction of 10-year green bonds as traders refused to pay greenium, said dealers. Greenium signifies the premium investors are willing to pay for green bonds because of their sustainability impact.

Diverging from the pattern of issuing green bonds in the latter half, the government plans to issue green bonds worth Rs 12,000 crore in the first half of the current financial year. The green bonds were planned to be issued in two tranches of Rs 6,000 crore each for a period of 10 years.

Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices.

Aviation turbine fuel (ATF) price was cut by Rs 6,673.87 per kilolitre, or 6.5 per cent, to Rs 94,969.01 per kl in the national capital, according to a price notification of state-owned fuel retailers.

The Indian government has cut the windfall tax on petroleum crude to Rs 5,200 ($62.33) per metric tonne from Rs 5,700, effective on June 1, according to a notification issued on Friday.

The tax, which is revised every fortnight, remains unchanged at zero for diesel and aviation turbine fuel.

At least 15 people have died of suspected heatstroke in India's eastern states of Bihar and Odisha on Thursday, authorities said, with the region gripped in a debilitating heatwave expected to continue until Saturday.


India has been experiencing a blisteringly hot summer and a part of capital Delhi recorded the country's highest ever temperature at 52.9 degrees Celsius (127.22 degrees fahrenheit) this week, though that may be revised with the weather department checking the sensors of the weather station that registered the reading.

Maharashtra minister Hasan Mushrif has promised to make the system at civil hospitals foolproof, an assurance coming in the wake of alleged manipulation of blood samples at Pune's Sassoon hospital in connection with the Porsche crash.

The medical education minister was speaking to reporters in Mumbai on Thursday.

Muthoot Finance shares rallied 4.3 per cent to Rs 1,745 apiece on the BSE in Friday's intraday trade, moving closer to their record high level, after the gold financier reported a healthy set of earnings for the March quarter (Q4) of fiscal year 2023-24 (FY24).

At 9:41 AM, the shares were slightly off highs, up 1.13 per cent at Rs 1,692 per share as against the 0.73 per cent gain in the benchmark S&P BSE Sensex. The stock hit a record high of Rs 1,762 per share on May 28, 2024.

A total of 188,143 people have been affected by floods in Manipur following incessant rainfall in the aftermath of Cyclone Remal, a state minister said on Thursday.

It has also damaged at least 24,265 houses in the last few days, he said.

As the citizens of India continue to brace for soaring temperatures, the India Meteorological Department (IMD) reported that 41 places recorded temperatures exceeding 45 degrees Celsius in the country on Thursday, May 30.

The IMD also noted that 11 places in Uttar Pradesh recorded temperatures above 45 degrees Celsius.

Donald Trump on Thursday became the first former US president to be convicted of a felony as a grand jury in New York found him guilty on 34 counts of falsifying business records.

The Biden Harris Campaign said no one is above the law while Trump said the verdict is a result of a rigged political system.

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