Jio Platforms managing director Akash Ambani announced plans for Jio to develop a sovereign Low Earth Orbit (LEO) satellite constellation and partner with global providers to extend connectivity to remote areas of India, aiming to strengthen India's self-reliance in space.
Mamata Banerjee's Trinamool Congress has replaced Saayoni Ghosh as youth wing president and Mala Roy as women's wing president, amidst a significant rebellion within the party where dissident MPs claim to have the support of 20 of the party's 28 Lok Sabha members.
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
Ernakulam DCC president Mohammed Shiyas criticised the previous LDF government's neglect of the district and expressed optimism for development under the UDF regime, citing sufficient representation in the state cabinet and a focus on addressing key issues.
India's leading listed real estate developers are increasingly focusing on pan-India expansion, diversifying beyond their traditional home markets into high-demand residential areas like MMR, NCR, Bengaluru, Hyderabad, Pune, and Chennai to tap broader housing demand and reduce reliance on single-city market cycles.
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.
Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.
Iran's Foreign Ministry spokesperson Esmaeil Baghaei has accused the United States of frequently changing its positions and complicating efforts to reach an understanding, stating that these shifts disrupt diplomatic processes and prolong negotiations. He also linked any potential agreement with the US to an immediate ceasefire in Lebanon, accusing Israel of escalating conflict to derail diplomatic efforts.
Haryana Chief Minister Nayab Singh Saini celebrated the BJP's victory in the recent civic body elections, attributing the win to public confidence in the party's development-focused governance and rejection of the Congress' negative politics.
The CBI has filed a chargesheet against AVJ Developers, bank officials, and others for allegedly cheating financial institutions and homebuyers in Greater Noida.
Astronaut Shubhanshu Shukla discusses the Gaganyaan mission and its potential to inspire other nations in space exploration, drawing on his experiences as an IAF test pilot and his time on the International Space Station.
Sports Minister Mansukh Mandaviya highlights the transformative role of sports in shaping young minds and fostering community spirit at a documentary screening.
IPL chairman Arun Dhumal supports Cricket Australia's decision to host a Big Bash League opener in Chennai, highlighting India's significance as the world's largest cricket market and its role in the sport's global expansion, especially with cricket's inclusion in the Olympics.
Viswanathan Anand will not seek re-election for a third term as Deputy President of FIDE.
The Pakistan Hockey Federation (PHF) is undertaking a significant restructuring of its national hockey programme following a dismal performance in the FIH Pro League, where the team failed to win any matches, including two losses to India. The PHF plans to hire foreign coaches and trainers from countries like Australia, Netherlands, or Germany to develop players at all levels and modernise the sport in Pakistan.
Prime Minister Narendra Modi held a telephonic conversation with Iranian President Masoud Pezeshkian, discussing recent developments in West Asia and reiterating India's emphasis on the importance of freedom of navigation in the Strait of Hormuz. Modi welcomed the recent peace understanding between the US and Iran, stressing dialogue and diplomacy for regional stability. India will also send representatives to the burial ceremonies of Iran's late Supreme Leader.
Pakistan's senior selector Aaqib Javed has challenged former cricketers to actively contribute to grassroots development instead of merely criticising the Pakistan Cricket Board (PCB) and national team on television. He emphasised the importance of sharing expertise with youngsters and highlighted modern digital scouting methods.
The Finance Ministry's expenditure department has approved a substantial Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, significantly increasing the country's investment in global chip-making ambitions and aiming to establish India as a major semiconductor hub.
Jamco Interiors, a global supplier of aircraft cabin systems, has opened a Centre of Excellence (COE) in Pune. This strategic move aims to meet the increasing demand for advanced cabin interiors in India's rapidly growing commercial aviation market and leverage local engineering talent for global aerospace programmes.
Indian women's cricket ecosystem will have to develop more fast bowlers and wrist spinners through the Women's Premier League (WPL) in order to garner success in the shortest format on global stage, said former West Indies pacer Ian Bishop on Monday.
The International Tennis Federation (ITF) has rebranded as World Tennis, announcing an ambitious vision to increase global participation by 30% to 140 million players by 2035. The organisation, which governs the sport and runs major competitions, plans to reinvest 85% of its income annually for the next decade to achieve its strategic goals, including powering future stars and elevating national competitions. The name change aims to enhance recognition and foster greater collaboration within the sport.
General Dhiraj Seth has been appointed as the new Chief of the Army Staff, taking command of the 1.3 million-strong Indian Army. He brings nearly four decades of extensive experience, including commanding two operational Army commands along the western front, and will lead the force in its pursuit of self-reliance and readiness amidst dynamic global geo-strategic challenges.
Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.
Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.
Systematic Investment Plan (SIP) returns for smallcap and midcap mutual funds have seen a significant rebound, with average one-year SIP returns now at 19.1 per cent for smallcap funds and 13.5 per cent for midcap funds, according to Value Research data. This recovery is expected to revive momentum in the retail mutual fund industry, which had experienced a moderation in growth indicators.
India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.
GenAI recorded the widest talent gap, followed by AI deployment engineering (72.4 per cent), AI governance (70 per cent), and MLOps (68 per cent).
Successful interceptor, anti-ship, MIRV and hypersonic technology tests have strengthened India's position among a select group of advanced missile powers.
Bharti Airtel added 7.64 trillion in value over the past five years, making it the biggest wealth creator in India's private sector, while the IT sector, including TCS, Infosys, and Wipro, collectively lost 8.5 trillion in value, according to the latest Burgundy Private Hurun India 500 report.
Madhya Pradesh Chief Minister Mohan Yadav's family is under scrutiny after an Indian Express newspaper report revealed their extensive land purchases in Ujjain, particularly in areas benefiting from state infrastructure projects, raising questions of propriety and conflict of interest.
The next-generation missile is expected to be substantially smaller and lighter than the current BrahMos, which weighs around 3 tonnes. The reduction in weight could allow fighter aircraft to carry more missiles per sortie, enhancing combat effectiveness.
The 22nd Delhi International Open Grandmasters Chess Tournament, scheduled for January 2027, will feature a record-breaking prize pool of Rs 1.32 crore, making it the open tournament with the highest prize money globally. The event will have three categories, attracting FIDE-rated players, Grandmasters, and amateurs alike, with over 3,000 participants expected. This tournament has historically been crucial for developing Indian chess talent, including stars like D Gukesh and R Praggnanandhaa, and aims to establish New Delhi as a global chess hub.
Infosys co-founder Nandan Nilekani stated that artificial intelligence will amplify, not replace, IT firms, projecting a massive USD 400 billion AI-first services opportunity by 2030. Addressing shareholders, he highlighted Infosys's readiness to help clients navigate enterprise AI complexities and capitalise on the structural shift in technology.
Iran on Tuesday said that the Islamic Republic has "no plans" to hold any meetings with the United States in the coming days at any level, even as diplomatic engagements continue separately in Doha on the related implementation of the 14-point memorandum of understanding (MoU) aimed at ending the hostilities in West Asia.
Indian benchmark equity indices, Sensex and Nifty, saw a rebound in early trade, driven by a rally in global markets and easing Brent crude oil prices, with hopes of US-Iran peace negotiations also contributing to investor optimism. Track Sensex, Nifty on May 22
The chapter, State and Society up to 1000 CE, says the Vedic period is 'often described as a period during which women held a high and respectful position in society'.
India's indigenous Dilution Refrigerator, developed by AQV, has successfully reached four Kelvin (-269C) at the Quantum Reference Facility in Amaravati, marking a significant milestone in the country's quantum technology development and cryogenic engineering capabilities.
Iran's Supreme Leader Mojtaba Khamenei will not attend his father, former Supreme Leader Ali Khamenei's, funeral due to security concerns stemming from Israeli threats. This decision follows a sharp warning from Iran's Foreign Minister to the United States, urging it to control Israel after its Defence Minister reportedly marked Khamenei for death. The incident highlights escalating tensions and ongoing diplomatic efforts to de-escalate hostilities in West Asia.
This is one of the coldest temperatures achieved in a research facility in India with more than 80 per cent domestically sourced components.
Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.
