An employee of the Shri Badrinath-Kedarnath Temple Committee (BKTC) has been suspended following a preliminary inquiry into alleged irregularities in the management of donations at Badrinath Dham. Both the BKTC and the Uttarakhand government have launched separate investigations into the matter, which gained attention after social media allegations and a formal complaint. The government committee is expected to submit its report within 15 days.
Investor interest in precious metal exchange-traded funds (ETFs) rebounded sharply in June, with silver ETFs attracting an estimated 4,900 crore and gold ETFs around 2,900 crore in net inflows, following a significant correction in gold and silver prices.
Brazilian aerospace company Embraer has secured type certification from India's aviation regulator, DGCA, for three of its commercial jets (E195-E2, E190, and E195). This approval, alongside an existing certification for its E175 jet, paves the way for Embraer to expand its presence in India's regional aviation market, supported by a strategic MoU with Adani Defence & Aerospace for a Final Assembly Line in Dholera, Gujarat.
The CEO of Vipul Limited, a real estate company, has been arrested in Gurugram for allegedly defrauding several lawyers of Rs 6 crore under the guise of a lucrative investment opportunity.
The move follows reports from several state drug-regulatory authorities indicating misuse and hoarding oral formulations with high ethyl-alcohol concentration, which people use as a substitute for liquor.
'With this deal, we may see even 50 launches a year within the next few years.'
Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.
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 Rs 30,954 crore inflows recorded in May 2026 reflects around 16 per cent year-on-year rise.'
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.
The Enforcement Directorate has successfully auctioned a seized Hawker 800A aircraft for Rs 3 crore. This action is part of an ongoing money laundering investigation into a Hyderabad-based company, Capital Protection Force Pvt. Ltd., accused of defrauding investors of Rs 792 crore through a Ponzi scheme. The proceeds from the auction will be used for restitution to genuine investors.
Indian benchmark indices, Sensex and Nifty, experienced a decline in early trade due to uncertainty surrounding the upcoming US-Iran negotiations in Doha. Foreign fund outflows and a dip in major IT stocks further contributed to the market's cautious sentiment, despite mixed performance in global markets.
The Shri Ram Janmabhoomi Teerth Kshetra Trust is holding a crucial meeting to discuss ongoing investigations into alleged embezzlement of donations. Key agenda items include the resignations of general secretary Champat Rai and trustee Anil Mishra, financial approvals, and the appointment of a CEO for the Ram temple's management.
The Indian stock market's trajectory this week will be significantly influenced by crude oil prices, global market trends, and the commencement of the corporate earnings season, with IT major TCS set to announce its June-quarter results on July 9.
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.
Honda Motorcycle & Scooter India (HMSI) plans to create over 3,800 jobs and expand its annual two-wheeler production capacity to 80 lakh units by 2028, reinforcing India's role as a global manufacturing and export hub for Honda.
Tashi Network and DroneVerse successfully conducted a live drone swarm field trial in Delhi, demonstrating advanced autonomous capabilities for defence and internal security. The trial showcased decentralised mesh technology, allowing drone swarms to maintain mission coherence even with communication disruptions, marking a significant step towards India's technological sovereignty in autonomous warfare.
A new report by child rights NGO CRY reveals that nearly seven in every 10 school-going children across India missed school or routine activities from May to June this year due to extreme heat, with 76 per cent reporting negative impacts on their ability to focus on studies.
Tata Steel plans to invest approximately Rs 20,000 crore in capital expenditure during the current financial year (FY27), a significant increase from the previous year, with 60 per cent of this allocation directed towards its India business for expansion, new technologies, and sustainability.
Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.
Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.
Hollywood veteran Jodie Foster has controversially suggested that Brad Pitt's recent film "F1" was created using Artificial Intelligence, citing its formulaic structure and dialogue. She discussed the growing influence of AI in the film industry, acknowledging its potential to replace jobs but also its utility if filmmakers can control the technology.
Perplexity CEO Aravind Srinivas presented the company's vision for advanced AI operating systems at COMPUTEX 2026, detailing how Perplexity Computer orchestrates up to 20 AI models for efficient task management. The system uses hybrid agentic inference to balance performance, privacy, and cost by deploying models locally or via data centres based on task complexity, a concept supported by Intel CEO Lip-Bu Tan's focus on on-device AI.
The Shri Ram Janmabhoomi Teerth Kshetra Trust has displayed over 30 kg of gold-like items and 1,518 kg of silver-like items, asserting all 2,926 valuable articles donated by devotees are 'safe' and accounted for, amid an ongoing probe into alleged embezzlement of donations.
OpenAI CEO Sam Altman emphasized the importance of democratizing Artificial Intelligence as the only fair and safe way forward, highlighting India's significant progress in AI adoption.
'We may be able to wind back some of the schedule reductions we'd taken in recent months.'
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
Prime Minister Narendra Modi, addressing the India-Canada CEOs Forum, likened T20 cricket to India-Canada business ties, urging fast, fearless partnerships and inviting Canadian CEOs to join India's development journey.
'With Vikram-1, we take our biggest step yet towards a reliable, high-cadence launch programme built in India, for India and the world.'
"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
Advanced Impactor. an AI-powered platform, aims to modernise cricket coaching with real-time performance analytics.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.
Viswanathan Anand will not seek re-election for a third term as Deputy President of FIDE.
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.
Matthew Hayden says the European T20 Premier League can establish itself as a talent-development platform for Europe's associate nations, stressing that ETPL's strength lies in creating pathways to global franchise cricket rather than competing with the IPL.
An awkward moment between OpenAI's Sam Altman and Anthropic's Dario Amodei at the India AI Impact Summit went viral after the two rival CEOs raised their fists instead of holding hands with Prime Minister Narendra Modi during a group photograph.
SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.
Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.
The autonomous, edge-native drone swarms are capable of continuing operations even when some lose connectivity, run low on battery, or return to base.
