A crude oil supply loss of 48 lakh barrels/day may be offset by a destruction of demand amid the Middle East war, PL Capital reported. The demand destruction will likely be caused by higher oil prices caused by the supply loss. International Energy Agency expects global oil demand to contract by 15 lakh barrels/day in the second quarter of 2026.

Indian-origin banker Viswas Raghavan, who was fired by JPMorgan and hired by Citibank for ₹493 crore within 24 hours, faced multiple workplace harassment complaints in the past. In one incident, his ex-colleagues said he told junior bankers on their first day that he didn't find a woman attractive anymore, as "now, she was fat". This led to complaints against Raghavan.

India's online food delivery market is growing rapidly but still has vast potential, accounting for only 11% of total food services. Investec Equities report highlights strong expansion driven by urbanisation, digital adoption, and convenience. The sector is projected to reach ₹2.24 lakh crore by 2030, supported by cloud kitchens, improved logistics, and rising demand for food delivery services.

Thermos has recalled over 8.2 million products after reports of defective stoppers causing injuries, including permanent vision loss. As per the US Consumer Product Safety Commission, the issue stems from pressure build-up inside containers. Consumers are advised to stop using affected items immediately and opt for replacements.

The Indian stock market opened in green on Monday as vote counting remained underway for Assembly elections in West Bengal, Assam, Tamil Nadu, Kerala, and Puducherry. Sensex jumped over 830 points to hit a high of 77,746.79, while Nifty rose over 1% to an intraday high of 24,245.85. As per early trends, BJP is leading in West Bengal and Assam.

The 122-year-old container maker Thermos has ordered the recall of over 80 lakh stainless steel jars and bottles after three customers suffered "permanent vision loss" due to them. Thermos received 27 reports of consumers who were struck by a stopper forcefully ejecting from the containers upon opening. The affected products include those sold between March 2008 and July 2024.

Spotify India has turned profitable with ₹74.62 crore earnings in FY25, driven by an 89% jump in subscription revenue. In a market dominated by free content, the platform focused on personalisation, user engagement, and cost control to convert users into paying subscribers. The shift signals growing acceptance of paid digital services in India's streaming ecosystem.

The Bombay High Court ordered Bank of Baroda to refund ₹1.24 crore to a firm hit by SIM swap fraud, affirming 'zero liability' for customers who report fraud within three days. The court held banks accountable, rejecting arguments about OTP-based security, and reinforced RBI rules that protect users from unauthorised digital banking transactions.

Motorola's Razr Ultra 2026 becomes the first brands to bring silicon-carbon battery technology to mainstream smartphones, offering higher energy density and 5,000mAh battery without increasing size. This gives Motorola an edge over Apple and Samsung, especially in foldable phones. The innovation could reshape the smartphone industry by delivering longer battery life without compromising design.

In the US, one gallon (3.78 litres) of Amul milk costs $5.59 or around ₹530, India.com reported. This makes the cost of one litre of milk around ₹140. This is double the cost of one-litre milk in India at ₹70. At the same time, in China, one-litre milk costs 25-30 yuan (₹350-420). This is five times the cost in India.