(1) Oil costs soar within the midst of Iran-U.S. struggle
Oil costs throughout the board rose sharply last week because the struggle between Iran, and the U.S. deepened. Oil depots in Tehran have come beneath assault, in addition to a distinguished refinery in Saudi Arabia, apart from infrastructure in neighbouring Gulf nations. Brent Crude futures traded at near $80 per barrel on Monday final week (March 2, 2026) as manufacturing cuts had been introduced by completely different state oil firms as a consequence of circumstances created by the struggle.
Alternative sources can come from Australia, Canada, Qatar and others, as per a PTI report. However, worth rises have begun. Indian oil firms elevated costs of liquiefied petroleum gasoline used as cooking gasoline, for the primary time in a few yr, a Reuters report mentioned.
(2) Bihar Chief Minister Nitish Kumar set to resign
Bihar Chief Minister Nitish Kumar mentioned that he can be stepping down from his present workplace and be part of the Rajya Sabha, and filed his nomination on Thursday final week (March 5, 2026). Mr. Kumar’s workplace of 20 years is among the longest for the State. His get together, the JD(U), received 85 seats within the final Assembly elections, with its ally BJP successful 89. Replacing Mr. Kumar can be an individual both from the Backward Class or the Extremely Backward Class, based on BJP sources chatting with The Hindu. Here is a timeline displaying his rise in politics.
(3) Accused in Coimbatore gang rape given life sentence
The three males convicted within the gang rape of a 20-year-old lady in Coimbatore had been sentenced to life imprisonment by a Mahila Court on Saturday final week (March 8, 2026). The crime occurred in November final yr, with the police nabbing the accused inside 24 hours, and convicted inside 125 days. Surveillance footage, and DNA proof performed a vital position.
The crime concerned assaulting the survivor’s boyfriend, theft of a car and jewellry from the survivor, and prior preparation on the a part of the criminals. Political backlash in opposition to the DMK adopted, with the Opposition stating the shortage of security for girls within the State.
(4) Governors given switch orders
Tamil Nadu Governor R.N. Ravi was transferred to West Bengal, on Friday final week (March 6, 2026). The switch comes after a tenure marked by battle with the State authorities on a number of points. These points included delay in giving assent to Bills handed by the State legislature, appointments of Vice Chancellors to Universities, variations in political ideology and skipping components of or the whole lot of ready customary speeches throughout Assembly periods.
Here is a timeline of key disagreements in his tenure since 2021.
Alongside R.N. Ravi, seven different Governors had been transferred. Former Kerala Governor Rajendra Vishwanath Arlekar is about to take over as Governor of Tamil Nadu.
(5) India wins third T20 World Cup trophy
India defeated New Zealand within the T20 World Cup remaining match on Sunday final week (March 8, 2026), smashing a 255-run first innings and containing New Zealand to 159 in 19 overs. India’s victories this season had been anchored by sturdy batters like Sanju Samson, bowling prowess of Jasprit Bumrah and Hardik Pandya.
This victory wins India its third World Cup trophy, essentially the most any group has received thus far. India additionally turned the primary group to efficiently defend its trophy. It received its second World Cup title in 2024, beneath Rohit Sharma’s captaincy, and its first in 2007 beneath M.S. Dhoni’s captaincy. Here is a have a look at the group’s key cricketing milestones ever since its first take a look at match win in 1952.
Published – March 09, 2026 07:18 pm IST
