Morocco's impressive rise in global football is uniquely funded by its vast phosphate reserves, with the state-owned OCP Group investing heavily in national team development. This strategic investment, driven by a royal directive, supports training academies and infrastructure, contributing to the nation's recent successes like reaching the 2022 World Cup semi-finals and hosting the 2025 Africa Cup of Nations. The country's abundant phosphate resources provide a stable economic base for these ambitious sporting endeavours.
Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.
India's IT Secretary S Krishnan announced that the government is considering a dedicated regulatory framework for Artificial Intelligence, moving beyond existing IT rules to address challenges like deepfakes and synthetic content. This comes as global policymakers grapple with AI's rapid emergence and its implications.
Netherlands striker Cody Gakpo and his partner experienced the tragic loss of their unborn son. The national team, including coach Ronald Koeman and captain Virgil van Dijk, has offered immense support, allowing Gakpo time off with his family during the World Cup. Despite the personal tragedy, Gakpo is expected to play in the upcoming match against Morocco, showing remarkable fortitude.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in crude oil prices and positive developments on the geopolitical front, alongside strong performance in blue-chip IT stocks. Track Sensex, Nifty on July 2, 2026
Hardik Pandya is reportedly on his way out of Mumbai Indians, with Kolkata Knight Riders and Rajasthan Royals showing interest in a potential trade. Discussions are ongoing, particularly with KKR, where Pandya could secure a captaincy role, unlike with RR.
US President Donald Trump has claimed that Iran has accepted "just about everything" the United States has demanded in ongoing indirect nuclear negotiations, particularly regarding denuclearisation. He also asserted that American forces repeatedly carried out military strikes that crippled Tehran's military infrastructure, including radar installations, and escorted commercial oil tankers through the Strait of Hormuz. Trump dismissed reports of Iran's strength, stating its military and economy were severely weakened.
Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.
Artificial intelligence major Anthropic has reinstated access to its Fable 5 and Mythos 5 AI models after the US government lifted export controls imposed due to national security concerns over a "jailbreak" vulnerability. The company has implemented new safeguards and is collaborating with major tech firms to develop a framework for addressing AI model vulnerabilities. India, a significant market for Anthropic, will see Fable 5 available globally, while Mythos 5 access expands under Project Glasswing.
Diljit Dosanjh's film 'Satluj', based on human rights activist Jaswant Singh Khalra, has been made unavailable on ZEE5 in India just two days after its release, following a prolonged censorship battle.
The United States and Iran are engaged in indirect talks aimed at developing a framework for a possible agreement, according to Iran's ISNA News Agency. Intensive mediation efforts are underway, but it remains uncertain whether a final agreement is within reach.
Indian squash veteran Joshna Chinappa, set to become the first Indian to compete in seven Asian Games, reveals she still has 'a little bit left in the tank' to add to her five continental medals and harbours hopes of participating in the sport's Olympic debut in 2028, provided her body holds up.
Football legends Thierry Henry, David Beckham, and Rivaldo have lauded Lionel Messi's extraordinary performance in Argentina's dramatic FIFA World Cup 2026 Round of 16 comeback against Egypt, with Henry stating Messi is 'not human' for his ability to elevate his game when it matters most.
Following the signing of a 14-point Memorandum of Understanding (MoU) with Iran, US President Donald Trump reiterated the terms for a 60-day negotiation period, vowing that Tehran will receive "not ten cents" in financial relief.
US Secretary of State Marco Rubio on Friday (local time) announced a US-mediated framework agreement between Israel and Lebanon aimed at achieving "lasting peace and security".
A 28-year-old newlywed Delhi woman, Akriti Sutar, who died after allegedly falling from a building, had hoped that returning to work and earning money would help her gradually end the dowry-related taunts and abuse she faced at her matrimonial home, her brother revealed.
A Metropolitan Police investigation into a "sophisticated" west London organised crime network dealing in heroin and crack cocaine has resulted in three Indian-origin men being sentenced to a total of over 22 years.
Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
Prime Minister Narendra Modi has welcomed the understanding between the United States and Iran to end the conflict in West Asia, expressing hope that the pact will restore peace, stability, and ensure freedom of navigation in the region. The deal, aimed at ending a 107-day war that caused a global energy crisis, is set for signing on June 19.
Israeli Prime Minister Benjamin Netanyahu defended his actions amid growing resentment over an emerging US-Iran deal, asserting that Iran would never possess nuclear weapons. He faced criticism from opposition figures like Naftali Bennett and addressed concerns about Israel's security zones and relations with the US.
Saudi Arabia and the UAE are actively pushing Trump to take the war to its bitter finish and 'erase' Iran's presence in the geopolitics of the region. Simply put, the two most powerful Sunni Arab oligarchies are on the same page as Israel. Such interference increases the risk of a breakdown in dialogue between the US and Iran, points out Ambassador M K Bhadrakumar.
Responding to a question on the trade deal being negotiated between the two countries, Trump said India had taken advantage of US policies for years and charged tremendous tariffs.
Nationalist Congress Party (SP) MLC Eknath Khadse and his daughter have been booked for allegedly cheating an elderly woman by assuring a sugar factory on her land and taking its possession with the help of forged papers in Maharashtra's Jalgaon district.
Portugal defender Diogo Dalot has defended Cristiano Ronaldo and insisted the squad remains united despite criticism following their World Cup draw with DR Congo, claiming some people are actively hoping Portugal fail.
Grigor Dimitrov, the veteran Bulgarian stylist, defeated rising Czech star Jacub Mensik at Wimbledon, overcoming past injury fears. Dimitrov, who had suffered multiple Grand Slam withdrawals due to injury, showcased a masterclass performance, drawing inspiration from Roger Federer's style, to advance to the third round. He expressed his determination to push limits and compete at the highest level despite his history of injuries.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.
Croatia's World Cup exit sparked controversy after coach Zlatko Dali launched a furious attack on the refereeing following their 2-1 defeat to Portugal.
Trump has said he would be present at the signing ceremony in Islamabad. Don't be surprised if the Pakistani hosts make it a grand event in the geopolitics of the region. Trump would love that, notes Ambassador M K Bhadrakumar.
Despite international crude oil prices falling to a four-month low, retail petrol and diesel prices in India are unlikely to be cut immediately because state-run refiners are still processing costlier crude purchased during the peak of the West Asia crisis, Oil Minister Hardeep Singh Puri said.
Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).
'The real shock is going to be from a deficient monsoon.'
Free, customizable "fan bands" have become the unexpected must-have souvenir at the 2026 World Cup, with over 700,000 distributed. Sponsored by Bank of America, these charm wristlets feature subtle branding and have gone viral, even appearing on resale platforms. This marketing strategy offers a counterpoint to the tournament's high ticket and merchandise prices, proving that unique, free items can create significant fan engagement and brand visibility.
'Why not aspire for 8 or 9 or even 10 per cent?'
To get its act going in Myanmar, India would need very dynamic diplomacy and not the lazy all-eggs-in-one-basket approach, points out Subir Bhaumik.
It is an unusual choice to depute a retired general for the funeral of a revered religious figure but a thoughtful one in an attempt to inject verve into the bilateral relationship and restore the equilibrium in India's West Asian policies, notes Ambassador M K Bhadrakumar.
'What struck me at the time was simply the scale of it -- that something of this magnitude could be unfolding inside the Ram temple itself.' 'It was bewildering. And what troubled me further was the manner in which people were shielding it.'
'Heroes get private chartered planes while we don't even make as much money. Unfortunately, that discrimination still exits.'
'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'
Suryansh Shedge has been named as the replacement for the injured Nitish Reddy in India's T20I squads for the upcoming series against Ireland and England in the UK. Shedge's call-up follows impressive performances for India A and Mumbai in domestic tournaments.
