Business
Fuel price hike paused after 5 days of increase

The price hike of petrol and diesel paused on Monday after increasing for the last five days to reach their highest-ever levels across the country.
Accordingly, the pump price of petrol in Delhi remained at Rs 107.59 a litre, while diesel prices also stood at Sunday’s level of Rs 96.32 a litre, according to a price notification of state-owned fuel retailers.
In the financial capital Mumbai, where petrol prices increased to Rs 113.47 per litre and diesel to Rs 104.47 a litre, the highest among all metros, there was no further hike in the retail rates on Monday.
The fuel prices remained static on October 18 and 19, but increased for a fourth straight day by 35 paise per litre previously before again rising for five consecutive days between October 20 to 24. There was no change in rates on October 12 and 13.
Diesel prices have now increased on 24 out of the last 31 days, taking up its retail price by Rs 7.80 per litre in Delhi.
Due to the sharp hike, the fuel is now available at over Rs 100 a litre in several parts of the country.
This dubious distinction was earlier available to petrol that had crossed Rs 100 a litre mark across the country a few months earlier.
Petrol prices had maintained stability since September 5 but oil companies finally raised its pump prices last week.
The rates increased on 21 of the previous 27 days taking up the pump price of petrol by Rs 6.40 per litre.
Crude price has been on a surge rising over a three-year high level of over $86 a barrel as global demand remains firm while OPEC+ continues to move s lowly on increasing production.
Since September 5, wthe price of petrol and diesel in the international market is higher by around $9-10 per barrel as compared to average prices during August.
International
Trump announces ceasefire between Iran, Israel

New York, June 24: Iran and Israel have agreed to a ceasefire after the US pounded Tehran’s nuclear facilities, US President Donald Trump announced.
He said Monday evening on Truth Social, “It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE”.
The ceasefire will start in six hours – around midnight Washington time and 9:30 am in India — “when Israel and Iran have wound down and completed their in progress, final missions”, he said.
In a dramatic end to the missile war between Iran and Israel into which the US was drawn in with both missiles and B2 stealth bombers, Trump, who had showered invectives on Tehran for years, wrote, “I want to thank Iran”.
“On the assumption that everything works as it should, which it will, I would like to congratulate both Countries, Israel and Iran, on having the Stamina, Courage, and Intelligence to end, what should be called, ‘THE 12 DAY WAR’”, he wrote.
The announcement followed a symbolic show of Iran, which shot missiles at a US base in Qatar after having given the US notice of the strike, according to Trump.
He said 13 of the 14 missiles that Iran fired were shot down, and there were no casualties.
“They’ve gotten it all out of their ‘system’, and there will, hopefully, be no further HATE”, he said.
Trump, who had threatened dire consequences if Iran retaliated after the US attacks on its three nuclear facilities in Isfahan, Natanz, and Firdo, was mollified by the symbolic retaliation.
“I was ‘set free’ because it was headed in a non-threatening direction”, he said.
Trump’s posts were sparse in details and said nothing about how, where or by whom the truce was reached.
Iran, exhausted by the 12 days of missile war with Israel and the final punch from the US, finally appears ready for a truce.
In the 46 years since the Shah of Iran was overthrown, “Death to America” has been a common refrain in Tehran, holding a grudge against Washington for its role in deposing the elected government of Mohammad Mosaddegh through a coup that ultimately gave absolute powers to Reza Pahlavi, the Shah.
A 2015 international agreement to rein in Iran’s nuclear programme was shredded by Trump, who attempted to make a new deal in his second term.
The United Nations Security Council was scheduled to meet on Tuesday on that agreement known as the Joint Comprehensive Plan of Action which was signed by the five permanent members of the Council and Germany and the European Union.
It is to be seen if the peace will hold as Israel disrupted the negotiations between Iran and the US by starting to bomb Iran two days before a scheduled meeting between representatives of Tehran and Washington.
That in turn led to the US joining in after about ten days of sitting on the fence.
How the ceasefire will work is complicated as set out in Trump’s Truth Social post.
He indicated that first Iran is to hold a ceasefire, which Israel will respect, and that will be followed by an Israeli ceasefire for another 12 hours, at which point it will become permanent.
After the two ceasefires, “upon the 24th Hour, an Official END to THE 12 DAY WAR will be saluted by the World”, Trump said.
Trump’s gamble in joining on Israel’s side while isolated from the other traditional US allies would pay off if the truce holds.
After the US attacks on the three nuclear centres, which Trump said had obliterated Tehran’s nuclear potential, Iran appeared to have little to gain by continuing the defiance of the US as well as most nations that have opposed the Shia nation getting a nuclear weapon.
Iran, which had allied with Russia, supplying it with drones for the Ukraine war, did not get any backing from Moscow – or Beijing – when the US bombs rained on it.
Business
Peace is never free, it is earned: Gautam Adani hails ‘Operation Sindoor’

Ahmedabad, June 24: Gautam Adani, the Chairman of the Adani Group, on Tuesday hailed the Indian Armed Forces for successfully performing ‘Operation Sindoor’, saying their courage reminded us that peace is never free and is rather earned.
Addressing the Adani Enterprises’ Annual General Meeting (AGM), the Chairman said that during ‘Operation Sindoor’, “our brave men and women in uniform stood tall, not for fame, not for medals, but for duty”.
“Their courage reminded us that peace is never free. It is earned. And the freedom to dream, to build, and to lead stands firmly on the shoulders of those who protect. Operation Sindoor showed that India knows the worth of peace. But if someone shows us an eye, we know how to respond in their language,” the billionaire industrialist said while addressing the 33rd annual general meeting of the Adani Group shareholders.
‘Operation Sindoor’ was launched last month to target terror sites in Pakistan and Pakistan-occupied Kashmir (PoK).
Gautam Adani said he is “humbled by the silent sacrifices” of those who guard India’s “borders, families and dignity”, adding that the Adani Defence’s drones were part of ‘Operation Sindoor’ too.
“When it comes to Adani Defence — Operation Sindoor called, and we delivered. Our drones became the eyes in the skies as well as the swords of attack, and our anti-drone systems helped protect our forces and citizens. As I have always believed, we don’t operate in safe zones. We operate where it matters – where India needs us the most,” Gautam Adani noted.
The Adani Group Chairman also paid tributes to the victims of the crash of Air India’s Boeing 787-8 Dreamliner in Ahmedabad on June 12, which crashed shortly after takeoff to London.
“We bow our heads in grief for the lives lost in the tragic crash of Air India flight,” he said. “So many dreams were silenced in an instant,” Gautam Adani added.
International
Operation Sindhu: 219 Indian nationals from Iran, 161 from Israel arrive in Delhi

New Delhi, June 24: A total of 380 Indian nationals — 219 from Iran and 161 from Israel — arrived safely in New Delhi on Tuesday as part of the government’s ongoing Operation Sindhu, the Ministry of External Affairs (MEA) confirmed.
With the latest arrival, India has now brought back 2,295 of its citizens from Iran amid the escalating conflict in the Middle East.
The Israel leg of the operation, which began on Monday via Jordan, marked its first successful repatriation flight, with 161 citizens landing in New Delhi from Amman on Tuesday morning.
The MEA posted on X, “292 Indian nationals were evacuated from Iran on a special flight that arrived in New Delhi from Mashhad at 0330 hrs on June 24. 2295 Indian nationals have now been brought home from Iran.”
In another post, the ministry added, “The Israel leg of Operation Sindhu began on June 23, 2025, bringing home the first group of 161 Indian nationals from Israel. They safely arrived in New Delhi today at 0820 hrs from Amman, Jordan.”
Union Minister of State for External Affairs Pabitra Margherita personally received the group at the airport.
Speaking to media, he said, “I am very happy to welcome the first batch of 161 Indian nationals evacuated from Israel. This group has safely arrived just a short while ago at New Delhi airport.”
“We are closely monitoring the situation and are committed to providing all possible and necessary assistance to our citizens in Iran and Israel. Under Operation Sindhu, all the nationals are arriving safely,” the MoS added.
Many of the evacuees expressed gratitude to the Indian government for ensuring their safe return under dangerous circumstances.
“The situation was very bad in Haifa, especially after the US strikes. However, we are thankful that the Indian government did everything to bring us back safe,” said one evacuee from Israel.
“The MEA has done a great job. The transition was very smooth, and I express my gratitude to the ministry for making our transportation very comfortable,” another added.
An elderly passenger shared his traumatic experience: “I went to Israel a month ago. One day, while I was driving, attacks began. I panicked and hid behind a bush. The attacks were almost continuous. I couldn’t sleep. I thank the MEA for bringing us back.”
From Iran, similar voices of appreciation were heard.
“Despite everything going on, the Indian Embassy made every possible effort to keep us safe and comfortable. I thank the Government of India and the MEA for what they have done for us,” said one returnee.
“I was among the few Indian nationals who were able to get out of there so easily. The Mashhad Airport opened only for Indian nationals. This shows the stance of our country and the diplomacy of the Modi government,” another said.
“The embassy officials were taking care of us, ensuring we had water, food, and accommodation. We are thankful for making everything safe and comfortable,” another Indian national who was evacuated from Iran said.
Operation Sindhu continues to be a crucial mission aimed at evacuating Indian nationals from conflict-hit regions, reaffirming the government’s priority to safeguard its citizens abroad.
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