- Prime Minister Narendra Modi says India has built 53 lakh MT of strategic oil reserves, with more underway, amid global fuel stress triggered by the Middle East conflict.
- Asiya Andrabi gets life imprisonment, while her two associates are sentenced to 30 years in jail in a terror funding and conspiracy case.
- Rahul Gandhi calls India’s foreign policy a “universal joke,” alleging PM Modi is “compromised” and influenced by Donald Trump.
- A consortium led by Kal Somani acquires Rajasthan Royals for $1.63 billion, signalling strong investor interest in the league.
- Countries across Asia, including China and Sri Lanka, face rising fuel prices as disruptions in the Strait of Hormuz push nations to fall back on coal and emergency measures.
Here are the top news of the day:
How much oil does India have? PM Modi outlines fuel preparedness amid global crisis
Prime Minister Narendra Modi addressed concerns over fuel availability during the ongoing Middle East conflict, assuring that India has sufficient reserves and supply arrangements in place. Speaking in the Rajya Sabha, PM Modi said the conflict has created a serious fuel crunch globally and India is also feeling its impact.Highlighting long-term preparedness, PM Modi noted that India has built 53 lakh metric tonnes of strategic crude reserves over the past 11 years, with an additional 65 lakh metric tonnes in the pipeline. He stressed that despite global disruptions, the government is taking steps to ensure stability in fuel supply.
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UAPA case verdict: Asiya Andrabi gets life term, associates jailed for 30 years
A Delhi court has sentenced Kashmiri separatist leader Asiya Andrabi to life imprisonment in a case under the Unlawful Activities (Prevention) Act. Her associates, Sofi Fehmeeda and Nahida Nasreen, were sentenced 30-year jail terms in the same case.The trio had earlier been convicted on multiple charges, including conspiracy, promoting enmity, and offences against the State. The court accepted the National Investigation Agency’s argument for strict punishment, stating that actions against national integrity warranted the harshest penalties. Read full story
‘Universal joke’: Rahul Gandhi slams PM Modi’s foreign policy
Leader of opposition, Rahul Gandhi launched a sharp attack on the government’s foreign policy, calling it a “universal joke” and accusing Prime Minister Narendra Modi of running it as a personal agenda. He further accused that the prime minister was “compromised”, adding that he was acting upon US President Donald Trump’s directions.”Our foreign policy is PM Modi’s personal foreign policy…Everyone considers this a universal joke… Donald Trump knows exactly what PM Modi can and cannot do. If the Prime Minister is compromised, our foreign policy is compromised,” he said. Read full story
Big ticket deal: Kal Somani Consortium buys Rajasthan Royals for $1.63 Billion
A consortium led by entrepreneur Kal Somani has acquired the Rajasthan Royals in a deal valued at $1.63 billion. The group is backed by prominent global investors, including members of the Walmart and Ford family networks.Somani, known for ventures in tech and data governance, expressed optimism about the franchise’s future, citing the growing global appeal of the IPL. The acquisition signals continued investor confidence in the league’s commercial potential and long-term growth. Read full story
Oil shock spreads: Asian nations turn to coal as Hormuz disruptions bite
The ongoing Middle East conflict has triggered a widening energy crisis, with disruptions in the Strait of Hormuz squeezing global oil and LNG supplies. Countries across Asia are grappling with shortages, prompting emergency measures including fuel rationing, power cuts, and transport restrictions.To cope, several nations are increasing reliance on coal despite environmental concerns. India and South Korea have eased restrictions on coal usage, while China continues to expand its coal capacity. Southeast Asian countries are also turning to coal-fired power as a short-term fix, even as it risks delaying clean energy transitions. Read full story Go to Source
