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India’s Asteria, the Reliance unit at the centre of a bribery scandal

April 24, 2026
Corruption

NEW DELHI, April 24 (Reuters) – A bribery investigation by India’s federal crime-fighting agency has put a spotlight on drone technology company Asteria Aerospace, a little-known unit of billionaire Mukesh Ambani’s Reliance Industries. The Central Bureau ​of Investigation arrested officials from India’s aviation watchdog and Reliance Industries earlier this week, alleging ‌bribery payments to secure approvals for certain drone imports. Reliance has previously said it did not authorise nor was aware of any such transactions, while the lawyer for the aviation watchdog’s official has opposed his custody. THE DRONES BUSINESS India’s drone ​industry has been on a growth trajectory since

India rebukes Trump for sharing ‘hellhole’ remarks on birthright citizenship

April 24, 2026
Politics

NEW DELHI, April 24 (Reuters) – India has dismissed ​as “uninformed” comments shared by U.S. President Donald Trump that described the country as a “hellhole”, saying they were ‌inappropriate and inconsistent with the strong relationship between the two countries. The comments were made by conservative commentator Michael Savage in an episode of The Savage Nation talk radio show. Trump posted a transcript of the show on his Truth Social account ​on Thursday without any comments. “A baby here becomes an instant citizen, and then they bring the ​entire family in from China or India or some other hellhole on the

Oil prices rises on concerns over escalating military tensions in the Middle East

April 24, 2026
Finance

BEIJING/PERTH April 24 (Reuters) – Oil prices ​rose on Friday due to fears of a renewed military escalation in the Middle East after Iran released footage of commandos ‌boarding a cargo ship in the Strait of Hormuz and on reports Tehran’s air defences had engaged “hostile targets.” Brent crude futures rose 99 cents, or 0.94%, to $106.06 a barrel at 0410 GMT, while West Texas Intermediate futures were up 71 cents, or 0.73%, at $96.56. Brent rose 17.13% throughout the course of the ​week while WTI rose 15.13%, the second-largest weekly gain since the war began. The resulting closure of

Trump says Israel and Lebanon agree to extend ceasefire by 3 weeks

April 24, 2026
Politics

Washington April 24, 2026 (AP) — President Donald Trump said Israel and Lebanon have agreed to extend a ceasefire between Israel and the Hezbollah militant group by three weeks after talks at the White House on Thursday. Trump said the meeting between the Israeli and Lebanese ambassadors to the United States, the second in the past week, went “very well,” but during an Oval Office gathering he acknowledged that “they do have Hezbollah to think about.” The Iranian-backed group has opposed the talks, and since the initial ceasefire went into effect last Friday, there have been multiple violations by both

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