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  • The US Department of Justice has strongly defended its decision to drop criminal charges against Indian billionaire Gautam Adani and others, citing legal flaws and diplomatic concerns. The department argued the case, which alleged bribery and investor fraud, was primarily a foreign matter and lacked a sound US legal basis.

    Toyota Kirloskar Motor has clarified that a recent viral video showing issues with a Toyota Hycross was not due to E20 fuel. The company stated that their detailed assessment revealed the problem stemmed from fuel contamination, not the vehicle's E20 compatibility. After cleaning and refilling with standard E20 fuel, the vehicle was found to be normal. Toyota urges customers to refuel at reputable stations to avoid such issues.

    A delegation from China, Taiwan and Hong Kong visited the Indian toy show, where industry representatives explored opportunities for collaboration with their Indian counterparts.

    Delhi Metro is set to introduce in-train audio advertisements on its Red, Yellow, Blue, and Magenta lines to boost revenue. This move aims to transform trains into a premium advertising platform, mirroring global transit systems. Advertisements will be aired only during silent intervals between essential passenger announcements, ensuring information flow remains uninterrupted.

    Senco Gold has significantly expanded its retail presence, adding eight new showrooms in the first quarter of FY27, bringing its total to 208 outlets. The company reported a robust 60% year-on-year revenue growth, driven by strong festive demand and a 38% rise in same-store sales. Despite challenges like higher gold prices and increased customs duty, Senco's diamond jewellery segment showed impressive growth, with plans to further expand through franchising.

    India's ethanol blending programme is bolstering energy security, boosting farmer incomes by nearly ₹1.6 lakh crore, and cutting emissions significantly. Former IOCL Chairman B. Ashok asserts that scientific studies show E20 fuel poses no threat to vehicle engines or mileage, dispelling common misconceptions. This initiative has saved the nation substantial crude oil imports, reinforcing its economic and environmental benefits.

    Indian Potash Ltd. has partnered with UPL Ltd. to significantly boost sugarcane output in Gujarat. This three-year collaboration will introduce advanced farming techniques, including regenerative practices and better resource management, across 2,000 acres. The initiative aims to enhance farmer prosperity and sustainability around IPL's Kodinar Sugar Mill, leveraging scientific agronomy and digital tools for improved yields and conservation.

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Explained: How India's bond market became more accessible over the last 10 years

India's bond market has grown significantly over the past decade, driven by regulatory reforms, digital platforms and rising retail participation. While market depth and innovation have improved, experts say stronger liquidity, higher foreign investment and broader lower-rated debt participation remain key growth priorities.

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Australia keeps 2027 international student cap unchanged at 295,000

Australia will maintain its international student cap at 295,000 for 2027, offering sector stability. However, student and temporary graduate visa fees are set to rise by 25%, though concessions will apply to students from Pacific nations, Timor-Leste, and ASEAN countries. Regional universities will retain enhanced allocations, ensuring continued support for international education's sustainable growth and national interest.

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Australia raises salary requirement for skilled work visas

Australia is raising minimum salary thresholds for several employer-sponsored skilled visas by 3.8% from July 1, 2026. This move ensures skilled migrant wages align with Australian workers, based on average weekly earnings. The Core Skills Income Threshold and Temporary Skilled Migration Income Threshold will rise to AUD 79,423, while the Specialist Skills Income Threshold will increase to AUD 146,576. These changes impact new nomination applications only.

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Singapore announces Greater Sentosa plan with new tourist attractions

Singapore is set to transform Sentosa and Brani Island into a "Greater Sentosa" over the next two decades. This ambitious master plan aims to double visitor numbers by introducing new hotels, attractions like the Imbiah Canopy, and enhanced lifestyle experiences. The project prioritizes sustainability and improved accessibility, with developments beginning in the early 2030s. Public engagement is underway to shape this significant evolution.

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US marks 250 years: Indian icons join cinematic tribute celebrating 'Idea of America'

India's prominent figures have joined forces in a cinematic tribute to the United States' 250th anniversary, celebrating the deep-rooted bond between the two democracies. From political leaders to sports stars and artists, they lauded America's spirit of innovation, meritocracy, and relentless pursuit of excellence, highlighting its global influence and inspirational role. The US Embassy released the video, underscoring shared democratic values and enduring friendship.

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