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US expands Iran sanctions to five sectors, putting Indian exports at risk

India

US expands Iran sanctions to five sectors, putting Indian exports at risk

The Trump administration has launched what it calls Operation Economic Isolation, adding people, companies and vessels to its sanctions list while widening the sectors exposed to secondary penalties. Indian exporters warn that shipments of rice, tea and medicines to Iran could suffer, with much of that trade moving through Dubai.

25 Aug 2026

Sahil Lochab says pellet injuries left him unable to see after Delhi march

India

Sahil Lochab says pellet injuries left him unable to see after Delhi march

Sahil Lochab, injured during the CJP Parliament march in Delhi on 20 July, says two pellet fragments remain in his eye after two surgeries and doctors have given him one month to await possible improvement. He also described repeated attempts to register an FIR before Rahul Gandhi’s intervention on 21 August.

25 Aug 2026

UPI marks 10 years as transaction volume rises to over 24,162 crore

World

UPI marks 10 years as transaction volume rises to over 24,162 crore

The Unified Payments Interface has completed a decade of digital payments, with annual transaction volume rising from 1.78 crore in FY 2016-17 to more than 24,162 crore in FY 2025-26. The platform is now operational in 11 countries and connected to 703 banks.

25 Aug 2026

Government rejects ethanol link to sugar price rise, cites Red Rot and El Niño

India

Government rejects ethanol link to sugar price rise, cites Red Rot and El Niño

Union minister Prahlad Joshi said India has no shortage of sugar despite retail prices reaching ₹65 a kilogram or more in some places. He attributed the increase to Red Rot disease and El Niño conditions, while the government said it was monitoring prices and considering temporary raw sugar imports ahead of the festival season.

25 Aug 2026

RBI forex swap facility draws US$73 billion in inflows in eleven weeks

Business

RBI forex swap facility draws US$73 billion in inflows in eleven weeks

The Reserve Bank of India’s special USD-INR forex swap facility has mobilized US$73 billion in foreign exchange inflows by August 21, 2026. FCNR(B) deposits contributed US$65.40 billion, prompting the central bank to bring forward the facility’s closing date after the scheme surpassed its objective ahead of schedule.

24 Aug 2026

Urban Company secures Delhi High Court action against Kent RO over filter-life ads

Business

Urban Company secures Delhi High Court action against Kent RO over filter-life ads

Urban Company says Kent RO has agreed to remove advertisements and social media content challenged in a Delhi High Court dispute over claims about the filter and service life of Native water purifiers. The order also restricts further promotional material making similar claims that could damage Urban Company’s reputation.

24 Aug 2026

Iran threatens to halt Gulf oil exports, raising risks for India’s fuel prices

India

Iran threatens to halt Gulf oil exports, raising risks for India’s fuel prices

Iran has warned that it could stop oil exports through the Strait of Hormuz and other parts of the Persian Gulf if the United States launches an economic war against it. The threat comes as Washington prepares possible new measures against Iran and countries that trade with Tehran, creating fresh concerns for India’s oil and LPG supplies.

24 Aug 2026

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