Indian benchmark indices, Sensex and Nifty, experienced a significant downturn as escalating tensions in West Asia led to a sharp surge in crude oil prices, coupled with fresh foreign fund outflows and a weakening rupee.
Indian benchmark indices, Sensex and Nifty, staged a moderate rebound after a significant correction in the previous session, driven by foreign fund inflows and a largely positive trend in global markets, though geopolitical tensions between the US and Iran continued to foster caution.
Heavy rainfall has caused severe waterlogging across Mumbai, disrupting traffic and daily life. The India Meteorological Department issued a red alert for Mumbai and surrounding districts, advising precautions. Specific areas recorded over 200 mm of rainfall, and the IMD forecasts continued heavy rains for the Konkan region, Goa, South Gujarat, Odisha, and Central India.
'I went to protest because whatever is going on in our country is not right.'
FIFA President Gianni Infantino has announced that the governing body will discuss expanding the World Cup to 64 teams for the 2030 edition, following the already planned increase to 48 teams in 2026. Infantino believes a larger tournament encourages smaller nations and highlights the success of previous expansions, with the 2030 event already set to be hosted across six nations on three continents.
Indian fencing teams, including the women's sabre team led by Olympian CA Bhavani Devi and the men's epee team, delivered spirited performances at the 26th Asian Senior Fencing Championships in New Delhi but were unable to secure medals. South Korea claimed the women's sabre team title, while Kazakhstan won the men's epee team title.
India's compound archers, under new coach Dave Cousins, have shown a significant turnaround at the Archery World Cup Stage 4 in Madrid. The women's team has advanced to the gold medal match, while the men's team narrowly missed out on a bronze. This performance marks a strong return to form after a challenging season.
The Indian women's cricket team has secured a spot in the 2028 Los Angeles Olympic Games as the top-ranked Asian team in the ongoing T20 World Cup. The men's team will need to be the continental leaders in world rankings by the end of 2026 to qualify directly. Cricket is making its return to the Olympics after a century, featuring six teams in both men's and women's competitions, with qualification criteria unveiled by the ICC.
FIFA President Gianni Infantino has acknowledged the possibility of expanding the World Cup to 64 teams, a move that could significantly alter the sport's economics and logistics, despite opposition from major confederations like UEFA and AFC.
Indian golfer Aditi Ashok secured a commendable third-place finish at the Hulencourt Women's Open, carding a final round of two-under 70. Fellow Indian Diksha Dagar also performed well, finishing tied seventh. Spain's Carolina Lopez Chacarra won the title, while Australia's Kelsey Bennett was runner-up.
India has lodged a 'strong protest' with Iran over recent strikes on commercial vessels in the Strait of Hormuz, which resulted in the death of one Indian sailor and injuries to several others, calling for an immediate cessation of hostilities and a return to diplomatic engagement.
Switzerland will host the next global AI summit in June 2027 in Geneva, aiming to establish stable processes for AI governance and promote its responsible use. Building on previous summits, including one in New Delhi, the event will focus on AI as a driver of prosperity and human-centred innovation, bringing together governments, organisations, and civil society to address global challenges.
Indian benchmark indices Sensex and Nifty closed higher, with the Sensex climbing 355.90 points, driven by positive state election results and better-than-expected Q4 earnings, despite ongoing geopolitical concerns.
The proposed order will state that students currently in Classes 7, 8 and 9 who have opted for two foreign languages under the existing framework will be allowed to continue with the same combination until Class 10.
The Bombay High Court strongly criticised the Brihanmumbai Municipal Corporation (BMC) for its failure to secure open manholes, questioning why it acts only after fatalities occur. The court dismissed BMC's progress reports as an "eyewash" following the death of Aslam Shaikh, who fell into an open manhole. Despite BMC's assurances and actions like suspending officials and offering compensation, the court emphasised the need for preventive measures before the monsoon season.
The death toll from the Taratala warehouse collapse in south Kolkata has risen to 15, with two more bodies retrieved and two injured workers succumbing to their injuries. Rescue operations involving multiple agencies, including the Army and Indian Railways, are ongoing to find those still trapped under the debris, facing challenging and unstable conditions.
South Australia took Victoria's last seven wickets for 37 runs on Monday to secure a 56-run victory and clinch back-to-back Sheffield Shield titles for the first time.
A 6.2-magnitude earthquake originating in Afghanistan caused strong tremors across Delhi-NCR and Jammu and Kashmir, leading to panic but no immediate reports of damage or casualties.
West Bengal Chief Minister Mamata Banerjee has accused the BJP of disrupting a TMC protest march concerning the Baruipur rape and murder case, alleging that the police acted as an 'arm' of the saffron party by failing to enforce a Calcutta High Court order permitting the rally.
'Let the world know that India's Gen Z has now moved out of their social media world and is ready to face the lathis, the tear gas shells or the spiked-dandas of cops.'
Indian shuttler Ashmita Chaliha's campaign at the Macau Open Super 300 badminton tournament concluded after she lost to South Korea's Park Ga Eun in straight games in the women's singles semifinals. This defeat marked the end of India's challenge in the tournament.
India's Prachi Lohan and Sachin achieved top-25 finishes at the Asian Senior Fencing Championships in New Delhi. Japan's Kyosuke Matsuyama won gold in men's foil, while Kazakhstan's Irina Bakaldina secured gold in women's epee, marking a historic first for her country.
Breel Embolo became the first player in 20 years to be sent off at a World Cup for a second yellow card for simulation, a decision that proved a turning point in Switzerland's 3-1 extra-time defeat to Argentina in the quarter-finals.
Indian golfer Diksha Dagar has taken a joint lead after the first round of the Hulencourt Women's Open in Belgium, carding a bogey-free 4-under 68. She is aiming for her third Ladies European Tour title.
Indian golfer Diksha Dagar has taken a joint lead after the first round of the Hulencourt Women's Open in Belgium, carding a bogey-free 4-under 68. She is aiming for her third Ladies European Tour title.
Sourabh Chandrakar, the absconding founder of the Mahadev betting app, has been detained in Oman based on an Interpol Red Notice. Indian agencies are now working to extradite or deport him. The ED's investigation into the syndicate has revealed alleged proceeds of crime worth Rs 6,000 crore and links to high-ranking politicians and bureaucrats.
With over 75 per cent indigenous content, the frigate is among the most self-reliant frontline warships built in India.
Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).
Investigators probing the alleged rape and murder of an 11-year-old girl in Baruipur, West Bengal, suspect one of the accused took the victim to a shack where two others were present before the crime, with the three allegedly consuming intoxicants prior to the assault.
Indian-origin golfers Sudarshan Yellamaraju and Sahith Theegala made their mark on the opening day of the Genesis Scottish Open. Yellamaraju carded a two-under 68, placing him tied 27th, while Theegala finished even-par 70, tied 72nd. Rory McIlroy shares the lead with a five-under 65.
Indian-origin golfers Sudarshan Yellamaraju and Sahith Theegala made their mark on the opening day of the Genesis Scottish Open. Yellamaraju carded a two-under 68, placing him tied 27th, while Theegala finished even-par 70, tied 72nd. Rory McIlroy shares the lead with a five-under 65.
Heavy police and central forces deployment outside Mamata Banerjee's Kolkata residence has sparked a political row. The TMC alleges it's to prevent her from visiting the family of an 11-year-old rape and murder victim in Baruipur, while the BJP claims it's routine security. This comes amidst public outrage and violence following the girl's death.
Mumbai's coastal luxury residential redevelopment pipeline is valued at approximately 6,000 crore, with 75-80 projects expected to launch over the next eight to nine quarters, driven by improved infrastructure and demand for waterfront living.
Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.
Harjai Milkha Singh and Krish Chawla led India to victory in the boy's team event at the APGC Junior Golf Championship in Colombo, finishing one shot ahead of South Korea and Thailand. Harjai also secured a runner-up finish in the individual category.
Udayan Mane, Milind Soni and Manav Shah are tied for the lead at the IGPL Invitational South Africa after the first day. Gaganjeet Bhullar and Karandeep Kochhar are also in contention.
India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.
Maharashtra Chief Minister Devendra Fadnavis has warned of a possible cloudburst-like spell in Nashik on Tuesday and stated that the state machinery is on high alert, with heavy rains expected to continue until July 8. Citizens are urged to avoid unnecessary travel as authorities manage landslides, swollen rivers, and rescue operations.
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
Despite not winning a medal at the recently-concluded Asian Senior Fencing Championships, India's men's foil team secured direct qualification for the upcoming Asian Games, marking a significant step forward for the sport in the country. The event, hosted in India for the first time, provided valuable experience and highlighted the growing competitiveness of Indian fencers against top Asian nations.
