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.

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."

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