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BusinessOil prices dropped after the International Energy Agency (IEA) agreed to accelerate the release of oil stocks, prioritizing diesel to ease record fuel prices amid the Iran war's impact on global supply. Brent crude fell 0.38% to $100.20 per barrel, and US West Texas Intermediate dropped 1.3% to $88.28. France plans to release 10 million barrels of diesel from strategic reserves.
Mint Markets·
PoliticsUS President Donald Trump stated that the war with Iran will end quickly and claimed the US has taken away Iran's nuclear power, preventing major problems. He also predicted oil prices will fall after the conflict ends. Iranian spokesperson Fatemeh Mohajerani rejected Trump's claim that Iran's oil minister resigned due to US pressure, calling it a false attempt to cover failures and said the resignation shows political flexibility.
NDTV World·
ScienceResearchers from Florida Atlantic University found that wild blacktip sharks can detect low-frequency sounds from up to 74 meters away. The study revealed these sharks use directional hearing to navigate, often making sharp turns in response to sound sources. This discovery enhances understanding of shark behavior and their aquatic environment navigation.
TOI Science·
HealthBengaluru has the highest rates of vitamin B12, vitamin D, and haemoglobin deficiencies among women in five major Indian metros, per the India Workforce Health Index 2026. Of 1,723 vitamin B12 tests from Bengaluru, 78.8% were below 300 pg/mL, with 47.9% below 200 pg/mL, indicating biochemical deficiency. Vitamin D deficiency affected 83.9% of 1,686 tests. Pune had the highest vitamin D deficiency overall. Deficiencies can cause fatigue, cognitive issues, and nervous system problems, said Dr Mehta Pantula.
Deccan Herald··Bengaluru
BusinessThe Reserve Bank of India increased the repo rate by 25 basis points to 5.5% after 44 months. This move addresses rising inflation and stronger economic growth. Higher interest rates will increase loan EMIs, affecting festive season consumption. Banks are also expected to raise fixed deposit rates following this policy change.
TOI Business·
PoliticsBharatiya Kisan Union leader Rakesh Tikait criticized Bihar's Satellite Township Projects, warning that farmers' land and rights must not be compromised. The Bihar government plans 11 satellite townships across 10 districts with residential, commercial, and green spaces. Tikait emphasized the need for transparency, social impact assessments, fair compensation, rehabilitation, and farmers' consent to prevent large-scale land transfer and speculation.
The Hindu··Patna
Mint Markets·
Oil prices dropped after the International Energy Agency (IEA) agreed to accelerate the release of oil stocks, prioritizing diesel to ease record fuel prices amid the Iran war's impact on global supply. Brent crude fell 0.38% to $100.20 per barrel, and US West Texas Intermediate dropped 1.3% to $88.28. France plans to release 10 million barrels of diesel from strategic reserves.
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