Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and rising oil prices unnerved investors. The 30-share BSE Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37.
Mumbai experienced over 100 mm of rainfall in 24 hours, leading to significant waterlogging in areas like the Andheri subway and causing traffic diversions. Suburban train services faced delays, and a snapped overhead wire disrupted Harbour line operations. Various parts of the city, including eastern and western suburbs and the island city, recorded heavy downpours.
CAT and MBA expert and rediffGURU Patrick D'Souza explains how a simple daily reading habit can help aspirants clinch 99 percentile in the Common Admission Test this year.
Mumbai's suburbs were hit by intense overnight rainfall, with some areas receiving over 100 mm in four hours, causing waterlogging and traffic disruptions. The Brihanmumbai Municipal Corporation (BMC) reported significant downpours in both eastern and western suburbs, while the island city experienced moderate showers.
Vertiv and Netweb Technologies India collaborate to engineer and validate GPU compute platforms with integrated AI data center solutions, addressing power demands and thermal densities of AI workloads.
In the first three quarters of 2025, FDE job demand jumped by nearly 800 per cent.
Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.
AI is no longer a tool only for software engineers and technology teams.
With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.
Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.
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.
'The system is now under the CBSE's control with cybersecurity professionals and IIT officials overseeing it.'
The Nifty IT index has been one of the worst sectoral performers in calendar year 2026, losing nearly 29 per cent till date compared to the 8 per cent dip in the Nifty 50 index.
Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.
Pakistan's Defence Minister Khawaja Asif has issued a war threat against India, citing water security as a national concern. This comes as Pakistan grapples with a severe internal water crisis, attributed by experts to mismanagement, and India maintains its suspension of the Indus Waters Treaty following a terror attack. Asif accused India of "weaponising water" but admitted to lacking current data on the situation.
BIT Mesra has launched 'HimClimX', an AI-powered platform designed for Himalayan climate intelligence and visualisation. It integrates over a century of climate data to offer trend analysis, anomaly detection, spatial visualisation, impact assessment, and AI-driven forecasting for the Himalayan region.
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.
India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).
The International Olympic Committee has provisionally lifted its ban on the Russian Olympic Committee, which was imposed in 2023. This decision opens the door for Russian athletes to return to international competitions, including the Los Angeles 2028 Olympics, though the use of national symbols remains undecided.
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.
Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.
While recovery efforts are ongoing, the likelihood of recovery currently appears low.
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
'The government has to act as one unit since the threat from these newer models will soon scale up.'
A 42-year-old man, identified as Lobga Rangzen, died after setting himself on fire outside the United Nations headquarters in Manhattan. The act was an apparent protest, with a Tibetan flag and a 'CHINA OUT OF TIBET' slogan found at the scene, linking it to the ongoing Tibetan Independence Movement.
India's eight core infrastructure sectors experienced a significant slowdown in production growth, reaching a seven-month low of 0.5 per cent in May, primarily driven by negative growth in coal, crude oil, and refinery products.
The Indian government has ordered the removal of three Chinese mobile applications - BAT-BMS, Lossigy, and Epoch-i-ion - from app stores, citing their alleged misuse to remotely disable battery-operated vehicles in India, amid heightened cybersecurity concerns.
'Buy on dips, buy on dips and sell on rise.'
The Brihanmumbai Municipal Corporation (BMC) has formed a two-member committee to investigate the fatal tree collapse on a school bus in Chembur, which killed a student and injured four others. An assistant garden superintendent has been suspended for alleged negligence, and the committee is tasked with recommending preventive measures.
Algo strategies must be registered with stock exchanges.
State Bank of India has launched a suite of AI-powered digital innovations on its YONO platform, enhancing both retail and business banking services. These new features include a 3-in-1 digital onboarding process, a sustainability tracker, integrated trade finance, and an AI virtual assistant, aiming to provide intelligent and future-ready banking experiences for its 53 crore customers.
Many students who do well in the NEET exams miss out on a medical seat because they didn't get their documentation in order. You don't want to be that student, says Ashok Hegde.
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.
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.
India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.
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.
Over 700 doctors in Telangana have collectively lost nearly Rs 30 crore to various cyber frauds since September 2024, prompting the Telangana Cyber Security Bureau to hold an awareness meeting for healthcare professionals. Business and investment frauds accounted for the largest share of losses.
Google Cloud services in major Indian cities like Delhi, Mumbai, and Chennai are experiencing network disruptions and elevated latency due to a fire at a third-party data centre in Delhi. The incident led to an emergency power shutdown, reducing network capacity and causing intermittent latency spikes despite Google's efforts to reroute traffic. The company is investigating further mitigations to restore full service.
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.
Commerce Minister Piyush Goyal announced that the legal scrubbing of the India-EU Free Trade Agreement (FTA) text is expected to be completed within 10-12 days, with the final deal anticipated to be signed by December 31.
