Indian fencers Taniksha Khatri and Prachi Lohan have made history by becoming the first Indian women's epee players to qualify for the main table of 64 at the Senior World Fencing Championships in Hong Kong. They advanced through the preliminary rounds and will compete in the direct elimination draw on July 25, marking a significant milestone for Indian fencing.
Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.
RBI Governor Sanjay Malhotra stated that the central bank is closely monitoring whether the supply shock from the West Asia conflict will lead to a generalised price rise, potentially necessitating monetary policy action.
The Azadpur Agricultural Produce Marketing Committee (APMC) has introduced an online payment system for gate pass fees, aiming to reduce congestion, enhance transparency, and streamline operations at Asia's largest wholesale fruits and vegetables market. This digital initiative is expected to benefit traders, drivers, and other stakeholders by speeding up vehicle entry and minimising cash transactions.
The Azadpur Agricultural Produce Marketing Committee (APMC) has introduced an online payment system for gate pass fees, aiming to reduce congestion, enhance transparency, and streamline operations at Asia's largest wholesale fruits and vegetables market. This digital initiative is expected to benefit traders, drivers, and other stakeholders by speeding up vehicle entry and minimising cash transactions.
An Indian crew member was killed and six other Indian nationals were among eight injured when Iranian cruise missiles struck two UAE tankers, Mombasa and Al Bahiyah, in the Strait of Hormuz, escalating regional tensions and drawing strong condemnation from the UAE.
A powerful 7.8-magnitude offshore earthquake struck the southern Philippines, killing at least four people, injuring over 200, damaging buildings, and triggering tsunami warnings across parts of Southeast Asia.
Herambh Karmarkar, a 30-year-old marine engineer from Pune, was killed in an attack on a Cyprus-flagged commercial vessel off Oman's coast amidst the West Asia conflict, with his family now awaiting the return of his mortal remains.
Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.
Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.
India has condemned an attack on a Cyprus-flagged commercial vessel off the coast of Oman, which resulted in one Indian crew member going missing. The incident occurred amidst escalating hostilities between Iran and the US in West Asia, prompting India to call for immediate de-escalation and an end to targeting commercial shipping in the region.
Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.
Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.
Glimpses of Iran's farewell to Ayatollah Ali Khamenei as mourners gathered in huge numbers for his funeral procession in Tehran.
Domestic passenger vehicle dispatches in India reached a record 12,73,811 units in the first quarter of FY27, marking a 25.9 per cent growth, driven by robust domestic demand despite geopolitical headwinds, according to SIAM.
Indian tennis legend Leander Paes has been appointed Player Ambassador of the Asian Tennis Federation (ATF). In this role, Paes will work to promote tennis across Asia, mentor young players, support grassroots development, and represent the federation at international events, aiming to inspire the next generation of athletes.
A 24-member Indian fencing contingent, comprising 12 men and 12 women athletes, is set to compete in the Senior World Fencing Championships in Hong Kong. The team will participate across Epee, Foil, and Sabre disciplines in both individual and team formats, aiming to make a mark on the global stage.
Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
The 24-member Indian junior men's hockey team, led by new coach Frederic Soyez, has departed for an exposure tour in Belgium from July 7 to 17.
'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'
'A man is willing to give up his life. Bachhe bhook hartal pe hain.'
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.
Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.
Indian benchmark indices Sensex and Nifty surged in early trade, with the Sensex jumping nearly 700 points, primarily driven by strong buying in IT stocks following TCS's positive June-quarter results and optimistic demand outlook. Track Sensex, Nifty on July 10, 2026.
Thousands of mourners and international delegates gathered as Iran paid its final respects to its late supreme leader Ayatollah Ali Khamenei, who was killed in an Israeli strike on February 28, in Tehran.
Indian boxing icon Vijender Singh is planning to establish a boxing academy in his ancestral village of Kaluwas, Bhiwani, and has sought financial assistance from the Sports Ministry.
The economic fallout of the West Asia crisis, the prevailing security situation in the Indo-Pacific and ways to boost cooperation in critical minerals and technology are expected to top the agenda at a crucial meeting of the Quad foreign ministers on Tuesday.
Domestic air traffic in India experienced a nearly 12 per cent decline in June, falling to 1.35 crore passengers from 1.53 crore in May, with IndiGo increasing its market share to 66.3 per cent.
Indian badminton players Lakshya Sen, Ayush Shetty, and Unnati Hooda were eliminated from the Japan Open Super 750 tournament on Wednesday.
The Oval in London has been confirmed as the venue for the 2027 ICC World Test Championship Final, scheduled from June 9-13. This marks the second time The Oval will host the final, having previously done so in 2023. Nine teams are currently competing in the ongoing WTC cycle, with Australia leading the standings, followed by South Africa and New Zealand, as the race intensifies with crucial upcoming series.
External Affairs Minister S Jaishankar met his Chinese counterpart Wang Yi in Manila, reiterating that peace and tranquillity in border areas are prerequisites for normal India-China relations. He stressed the importance of mutual respect, interest, and sensitivity, while also raising concerns about market access, trade imbalance, and supply chain uncertainties.
External Affairs Minister S Jaishankar has affirmed India's commitment to ensuring issues like a free, open, and rule-based maritime order, seafarer safety, and countering terror financing receive due attention at the UN Security Council during its 2028-29 term.
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.
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.
A 24-member Indian Junior women's hockey team has travelled to the United Kingdom for an exposure tour, playing matches against junior teams from England, Scotland, the United States, and Belgium, as well as the Scotland senior women's team, to prepare for upcoming international tournaments like the Junior Asia Cup.
Andhra Pradesh Health Minister Satya Kumar Yadav announced the detection of the Omicron RF.5 variant in four COVID-19 samples from Kadapa district, confirmed by genome sequencing in Pune. While the variant is being monitored by WHO and health officials, there is currently no indication it is more dangerous than other Omicron strains, and public vigilance is advised over panic.
Indian wrestler Jaspreet Kaur has been sanctioned by the International Testing Agency (ITA) after testing positive for prohibited stimulants, octodrine and heptaminol, during the Asian Beach Games. She accepted the anti-doping rule violation, leading to disqualification of her results, with further sanctions from United World Wrestling possible.
Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.
India's VALORANT esports team has successfully qualified for the Esports Nations Cup (ENC) 2026 main event in Riyadh, emerging as one of two teams from the Asia regional qualifiers. The team, led by Sagnik Roy, overcame tough competition, including a crucial victory against Hong Kong, to secure their spot in the global tournament featuring a USD 1.5 million prize pool.
