Protests are escalating among parents in several Indian cities, including Delhi, against steep fee hikes by private schools, which they claim are crippling their household budgets and negatively impacting their children.

• The annual fee of Aaditya Mattey at Delhi Public School Dwarka rose from **93,400** rupees in 2020 to **189,096** rupees by 2025-26.
• Mr. Aaditya Mattey's father has taken the school to court, alleging unlawful expulsion over unpaid fees.
• A recent survey found **over 80%** of parents in private schools report fees increased by **over 10%** this academic year.

The pound rose to its highest level against the dollar in nearly four years, reaching above $1.37, following news that President Donald Trump might expedite the appointment of a new head for the US Federal Reserve.

• $1.37: The pound's highest level against the dollar since October 2021.
• Jerome Powell: Current Fed chair, facing criticism from Trump.
• Concerns rise over potential successors who may align with Trump's economic views, impacting the Fed's independence.

The pound reached its highest level against the dollar in nearly four years after reports indicated that President Donald Trump might accelerate the appointment of the new head of the Federal Reserve.

• Pound rose above $1.37, its strongest since October 2021.
• Jerome Powell, the current chair of the Federal Reserve, faces potential replacement amidst concerns over his independence.
• Trump criticized Powell as “terrible” and mentioned he is considering “three or four” candidates for the role, raising fears about the influence on monetary policy.

Nike announced that US President Donald Trump’s tariffs could increase its costs by approximately $1bn (£730m) this year, leading the company to reduce production reliance on China.

• The anticipated cost increase from tariffs is around $1bn.
• Key organization involved: Nike
• Currently, China manufactures 16% of Nike's US-bound footwear, expected to decrease to a “high single-digit percentage” by May 2026.