Bengaluru, Feb 15 (PTI): The Tamil Nadu government has officially taken possession of the seized assets belonging to late Chief Minister J Jayalalithaa, marking a significant development in the protracted disproportionate assets case.The transfer occurred on Friday, a day after a Bengaluru court ordered the handover of the assets, which had previously been under the custody of Karnataka.

Until now, authorities in Karnataka were in possession of an extensive collection of valuables, including 27 kg and 558 grams of gold jewellery, 1,116 kg of silver, and documents related to 1,526 acres of land.These assets had been stored securely in the Karnataka Vidhana Soudha treasury. The transfer was carried out in the presence of court and government officials.

As part of the legal proceedings, the seized items were meticulously documented and photographed, offering a rare glimpse into the wealth accumulated by the late leader. Among the images, an opulent golden crown with intricate craftsmanship stands out, reflecting the grandeur associated with Jayalalithaa’s tenure.

Additionally, a vast collection of jewellery was catalogued, with rows of ornate ornaments laid out for inventory. A sword with elaborate engravings also featured among the high-value objects, adding to the list of remarkable items recovered.

Petitioner Narasimha Murthy told PTI: "Only two things -- jewellery and documents -- have been handed over to the Tamil Nadu government and remaining 27 articles were in the custody of Jayalalithaa's secretary Bhaskarana since 1996."

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Washington (PTI): US President Donald Trump on Wednesday threatened Iran with more bombing if it doesn't reopen the Strait of Hormuz, amid a report that the warring sides were nearing an agreement to end the war.

US media outlet Axios reported, quoting US officials and two other sources, that the US and Iran were getting close to a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations.

The US expects Iranian responses on several key points over the next 48 hours, Axios reported, adding that nothing has been agreed yet. This was the closest the parties had been to an agreement since the war began.

"Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective Blockade will allow the Hormuz Strait to be OPEN TO ALL, including Iran," Trump said in a post on Truth Social.

"If they don’t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before," Trump said.

According to Axios, the deal would involve Iran committing to a moratorium on nuclear enrichment, the US agreeing to lift its sanctions and release billions in frozen Iranian funds, and both sides lifting restrictions around transit through the Strait of Hormuz.

It said many of the terms laid out in the memo would be contingent on a final agreement being reached, leaving the possibility of renewed war or an extended limbo in which the hot war has stopped, but nothing is truly resolved.