US Treasury Secretary Scott Bessent has indicated there may be a path to remove the 25 per cent tariff imposed on India over its purchases of Russian oil, as New Delhi has significantly cut those imports in recent months.

Speaking in an interview with Politico, Bessent said that although the tariffs remain in place, reductions in Indian purchases of Russian crude offer a basis to reconsider punitive duties introduced under the Trump administration.

British Prime Minister Keir Starmer has named his top business adviser, Varun Chandra, as the special envoy to the US on trade and investment, a statement from Starmer's office confirmed on Friday.

Reuters had earlier cited two sources familiar with the matter as saying Chandra had been appointed.

Several European airlines have suspended flights to and over countries in the Middle East as tensions between the US and Iran raise concerns of wider disruption across the Persian Gulf.

Air France cancelled flights between Paris and Dubai on Friday and Saturday, temporarily suspending service to the emirate “due to the current situation in the Middle East,” the airline said in a statement.

Delhi, along with the National Capital Region, woke up to dense fog on Saturday morning, a day after parts of the city received rainfall. While the rain briefly improved visibility and brought temporary relief from the choking smog, air pollution levels remained elevated showing the persistent winter pollution challenge in the capital.

President Droupadi Murmu on Saturday greeted people of Uttar Pradesh on their statehood day and expressed confidence that it will continue to advance on the path of continuous progress.

"I wish for a bright future for the hardworking and talented people of this state," Murmu said in a post on X in Hindi.

If a wife's actions or omissions contribute to her husband's incapacity to earn, she cannot claim maintenance from him, the Allahabad High Court has held.

The court dismissed a revision petition of a woman seeking maintenance from her husband, a homoeopathic doctor, who was allegedly shot at by his brother-in-law and father-in-law during an altercation at his clinic.

India's securities regulator has accused current and former executives at the local units of PwC and EY, among others, of breaching insider trading rules involving a 2022 share sale by Yes Bank, according to a regulatory notice reviewed by Reuters.

The Securities and Exchange Board of India (Sebi) ‍also accused executives at U.S. private equity firms Carlyle Group and ​Advent International of sharing unpublished price sensitive information related to the deal.

The Supreme Court on Friday issued fresh notices to Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving the firm and its group companies.

The top court asked the CBI and the Enforcement Directorate, represented by Solicitor General Tushar Mehta, to file status reports in sealed cover in ten days on their ongoing probes into the alleged fraud.

L&T Finance Ltd (LTF) reported an 18 per cent year-on-year (YoY) growth in net profit at Rs 739 crore for the third quarter ended December 2025 (Q3FY26), aided by improvement in interest margins and fees, along with steady growth in the loan book. The profit factors in the one-time impact of the New Labour Code provision, the company said in a statement.

Congress leader Jairam Ramesh on Friday said he has filed a petition in the Supreme Court challenging ex post facto environmental clearances, asserting that they are bad in law, detrimental to public health and make a mockery of governance.

In a post on X, Ramesh said, "Encouraged by the Supreme Court's review on December 29th 2025 of an earlier verdict on the redefinition of the Aravallis, I have just filed a petition in the Supreme Court challenging ex post facto environmental clearances."

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