The black box from the crashed Air India flight AI 171 is still in India and is being examined, said Civil Aviation Minister Ram Mohan Naidu. The flight, a Boeing 787, crashed near Ahmedabad airport on June 12, killing 274 people. Reports about sending the black box to the US were called false by officials. The black box was badly damaged due to fire. It holds key data that can explain what caused the crash. So far, engine failure is being seen as a possible reason. A full check of other Dreamliner aircraft is also underway after the incident. (PC: India Today)

India welcomed the ceasefire between Iran and Israel, acknowledging the diplomatic efforts of the US and Qatar. In a statement, the Ministry of External Affairs (MEA) said it had been closely monitoring developments, including US strikes on Iranian nuclear sites and Tehran's retaliation on American bases in Qatar. "There is no alternative to dialogue and diplomacy," the MEA stated, reaffirming India’s commitment to peace in West Asia. The ceasefire, brokered by US President Donald Trump, briefly halted the 12-day conflict, though both sides later accused each other of violations. India expressed readiness to support sustained regional stability and peaceful resolution. (PC: HT)

India’s aviation regulator DGCA uncovered several recurring safety issues during a post-crash surveillance at major airports, following the fatal Air India crash in Ahmedabad on June 12. Inspections at Delhi, Mumbai, and other airports revealed ineffective rectification of recurring aircraft defects, worn tyres, faded runway markings, outdated simulator software, and mismatched configurations. Conducted during night and early morning hours, the review also covered airworthiness, flight operations, ramp safety, navigation, ATC, and pilot medical checks. DGCA has directed concerned airlines and entities to take corrective measures within 7 days to improve safety across India's aviation ecosystem and prevent future mishaps. (PC: Reuters)

US President Donald Trump issued a bold, all-caps warning to Israel after it announced strikes on Tehran, accusing both Israel and Iran of violating the newly brokered ceasefire. On Truth Social, Trump urged, “ISRAEL. DO NOT DROP THOSE BOMBS... BRING YOUR PILOTS HOME, NOW!” expressing frustration especially with Israel. He emphasized that all planes should “turn around” and peace must prevail. The ceasefire, arranged with US-Qatar mediation, was intended to end the 12-day war. While Israel alleged new Iranian missile attacks, Tehran denied any such action. Trump said he was “really unhappy” with Israel for escalating tensions despite the agreement. (PC: Bloomberg)

Explosions were reported in Tehran minutes after US President Donald Trump announced a ceasefire between Iran and Israel. Despite Trump's declaration, Israel claimed Iran violated the truce by launching fresh missiles, prompting sirens across multiple cities. Israeli Defence Minister Israel Katz ordered a "forceful response," targeting regime assets in Tehran. Iran denied breaking the ceasefire, calling Tel Aviv’s claims false. Trump had earlier praised both nations for avoiding a prolonged war, crediting US-Qatar mediation. The 12-day conflict, which killed hundreds, appeared to escalate again despite the truce. Civilians in Israel were told to seek shelter amid renewed missile alerts. (PC: Reuters)

US President Donald Trump issued a sharp warning to Israel on Tuesday, urging it not to proceed with bombing operations in Iran. In a Truth Social post, Trump called potential airstrikes a "major violation" of the ceasefire agreement he brokered. “ISRAEL. DO NOT DROP THOSE BOMBS… BRING YOUR PILOTS HOME, NOW!” he posted. This comes as Israeli Defence Minister Israel Katz directed the military to “respond forcefully” after claiming Iran violated the deal. Tehran denied launching any new missiles post-ceasefire. Trump’s intervention signals rising tensions as both nations continue to accuse each other of breaching the agreement. (PC: News18)

With tensions rising in the Strait of Hormuz, India is relying on its underground rock caverns in Visakhapatnam, Mangalore, and Padur to store 5.33 MMT (38 million barrels) of crude oil. These Strategic Petroleum Reserves (SPR), located 90-196 metres underground, can cover about 10 days of national demand, acting as shock absorbers against global supply disruptions. Two more sites in Odisha and Karnataka are being developed to increase capacity. Diversified oil sources, rising Russian imports, and expanded refinery output further insulate India. The system, inspired by Sweden and adopted since 1998, provides security from aerial attacks and environmental risks. (PC: India Today)

US President Donald Trump sharply criticized Israel on Tuesday, saying he was “really unhappy with Israel” for launching attacks immediately after agreeing to a ceasefire with Iran. Speaking to reporters before departing for the NATO summit in The Hague, Trump also confirmed that Iran violated the truce but accused Israel of breaking it first. “Israel unloaded right after agreeing to the deal,” he said. Trump maintained that Iran’s nuclear capabilities have been eliminated, calling it a major achievement. The rare rebuke of Israel from a US president has cast doubt over the truce and deepened uncertainty in the region. (PC: HT)

Israeli Defence Minister Israel Katz has ordered forceful retaliation after Iran allegedly violated the US-brokered ceasefire by launching two ballistic missiles at Israel. The missiles were intercepted, but the Israeli military is now targeting locations in Tehran, with Katz instructing “high-intensity operations.” The strikes came just hours after President Donald Trump declared the ceasefire was in effect. Iran’s state media denied any violations, insisting no new missiles were launched post-agreement. Residents in Haifa took shelter as sirens blared. The renewed hostilities threaten to unravel the fragile truce and escalate the already intense regional conflict between the two adversaries. (PC: News18)

Asia’s move away from the U.S. dollar is gaining momentum, with ASEAN nations pledging to boost local currency usage in trade and investment. According to Bank of America, de-dollarization in the region is expected to accelerate, driven by geopolitical tensions, U.S. sanctions, and currency volatility. The dollar's global forex reserve share has dropped from over 70% in 2000 to 57.8% in 2024. BRICS nations, especially China, are promoting yuan-based trade settlements. Analysts say hedging by Asian institutional investors is driving demand for currencies like the yen, won, and Taiwan dollar, though the dollar remains dominant in global trade invoicing. (PC: Reuters)