The India Meteorological Department has issued a red alert for Mumbai, forecasting extremely heavy rainfall and gusty winds over the weekend. The city has already experienced over 100 mm of rain in the last 24 hours, leading to delays in local train services, though public transport remains operational.
Mumbai and its metropolitan region are experiencing severe monsoon rains, leading to widespread waterlogging, transport disruptions, and the closure of schools and colleges. The India Meteorological Department (IMD) has issued an 'extremely heavy rainfall' alert, with some areas receiving nearly 200 mm of rain in 12 hours, prompting Chief Minister Devendra Fadnavis to urge residents to avoid non-essential travel.
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.
The Reserve Bank of India's Financial Stability Report indicates that the interim peace deal between the US and Iran has favourably shifted the balance of risks, reducing headwinds from the West Asia conflict. However, it cautions that exchange rate volatility could increase if crude oil prices spike due to delayed normalisation of supply chain disruptions.
The autonomous, edge-native drone swarms are capable of continuing operations even when some lose connectivity, run low on battery, or return to base.
Health experts warn that rising temperatures could create a growing burden of silent and cumulative health stress across the population.
Torrential monsoon rains unleashed widespread destruction across several parts of the country on Thursday, inundating roads, uprooting trees, damaging property and disrupting normal life as authorities scrambled to restore normalcy.
Riyad Mahrez, the Algerian football star, has announced his retirement from international football following Algeria's elimination from the FIFA World Cup 2026 Round of 32 by Switzerland. Mahrez confirmed his decision after Algeria's 2-0 defeat, concluding a distinguished career with 119 appearances, 40 goals, and 45 assists, including a pivotal role in Algeria's 2019 Africa Cup of Nations victory.
The India Meteorological Department has forecast intensified heavy rains and thunderstorms for Mumbai and its suburbs. A yellow alert has been issued, and high tides are expected, though traffic and public transport are currently normal.
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
Lionel Messi made history by scoring in his seventh consecutive World Cup match, leading a second-string Argentina to a 3-1 victory over Jordan in their Group J clash in Dallas. Goals from Giovani Lo Celso and Lautaro Martinez also contributed to Argentina's win, setting them up for the round of 32.
Belgium secured top spot in Group G and a place in the World Cup round of 32 after a dominant 5-1 victory over New Zealand.
Domestic Institutional Investors (DIIs) have significantly increased their holdings in Nifty 500 companies, reaching a record 20.9 per cent by the end of March, while Foreign Portfolio Investors (FPIs) reduced their ownership to an all-time low of 17.1 per cent, according to Motilal Oswal Financial Services.
India's like-for-like gross Goods and Services Tax (GST) revenue growth slowed to a five-year low of 5.57 per cent in FY26, reaching Rs 23.32 trillion, primarily driven by a significant surge in import revenues.
With the southwest monsoon stalled over southern Maharashtra, India is facing a nationwide rainfall deficit of 41 percent between June 4 and June 18, according to the latest India meteorological department (IMD) data.
Heavy rainfall in Mumbai on Sunday led to significant disruptions, including a one-hour suspension of flight operations at Chhatrapati Shivaji Maharaj International Airport, widespread waterlogging, and multiple treefall incidents. One person died in Kurla due to a tree collapse, marking the second such fatality in a week. The India Meteorological Department had issued a 'red' alert, with several areas recording over 200 mm of rain.
Johan Manzambi continued his superb FIFA World Cup campaign by setting up Switzerland's opener in a 2-0 win over Algeria, ending the Swiss side's 88-year wait for a World Cup knockout victory and securing a place in the Round of 16.
Lionel Messi has achieved a new World Cup milestone, becoming the first player to score in seven consecutive matches.
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.
Australia secured their spot in the World Cup's round of 32 after a 0-0 draw against Paraguay. The Socceroos finished second in Group D and will face the second-placed team from Group G. Paraguay now faces an anxious wait to see if they qualify as one of the best third-placed teams.
Investors now have 27 passive smallcap funds to choose from 17 index funds and 10 ETFs.
Debutants Cape Verde have made history by qualifying for the World Cup round of 32 after a 0-0 draw with Saudi Arabia. This unexpected achievement sets up a clash with defending champions Argentina. Despite a low-quality match, Cape Verde secured second place in their group, sparking celebrations among players and fans, while Uruguay and Saudi Arabia were eliminated.
Nicolas Pepe scored two goals to lead Ivory Coast to a 2-0 victory over Curacao, securing their first-ever qualification for the World Cup knockout phase. Curacao, the smallest nation to qualify, was eliminated. Ivory Coast will now face the second-place team from Group I (France or Norway) in Arlington, Texas.
Monsoon rains have unleashed widespread destruction across India, claiming seven lives in Himachal Pradesh and Karnataka due to landslides and floods, while heavy downpours have disrupted normal life and triggered red alerts in Maharashtra and other regions.
Japan delivered a commanding 4-0 win over Tunisia in the World Cup's 1,000th match on Saturday to move to the brink of the knockout stages, while the North Africans were eliminated after a second successive defeat in Group F.
'The government has to act as one unit since the threat from these newer models will soon scale up.'
A Swedish study reveals that individuals born with low birth weight face a significantly elevated risk of stroke in early adulthood, regardless of their BMI or gestational age.
Ironically, only three films have crossed over to the Rs 100 Crore (Rs 1 billion) Club so far. We look at the half yearly box office report.
The India Meteorological Department has issued a 'red' alert for Mumbai, Thane, and Raigad districts, forecasting heavy to very heavy rainfall and strong winds. Residents are advised to avoid unnecessary travel, and warnings include potential flash floods, structural damage, and disruptions to essential services. The Brihanmumbai Municipal Corporation has also urged caution and deployed officials to monitor the situation.
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.
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.
France arrive in Philadelphia as the World Cup's most feared attacking force, but Kylian Mbappe and coach Didier Deschamps have warned that acclaim, records and a seemingly clear path mean little if they fail to stay grounded against Paraguay in Saturday's last-16 clash.
Indian-American golfer Akshay Bhatia is in a strong position, tied for third place at the Travelers Championship, heading into the final round. Despite slipping five shots behind leader Viktor Hovland, Bhatia, who previously won the Arnold Palmer Invitational this season, is aiming for his fourth PGA Tour title. The tournament also features a close battle between Hovland and world No. 1 Scottie Scheffler.
Braids have long moved beyond schoolgirl styling. Today, they can look festive, romantic, edgy or red-carpet ready depending on how you wear them.
India has once again topped the Athletics Integrity Unit's global list of dope offenders with 162 names, highlighting a significant doping problem in the country's sporting landscape. This led to the Athletics Federation of India being re-categorised to 'Category A' due to high doping risk, requiring more stringent testing.
Mumbai experienced heavy overnight monsoon rains, with some areas receiving over 200 mm in 24 hours, leading to widespread waterlogging, traffic congestion, and disruptions in suburban train services, particularly on Central Railway lines due to a track cave-in.
The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.
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 continues to lead the Athletics Integrity Unit's (AIU) global list of dope offenders with 162 names, highlighting a significant problem in the country's sports. The nation has been re-categorised to 'Category A' by the AIU, indicating an "extremely high" doping risk and requiring more stringent anti-doping measures.
India's domestic passenger vehicle sales experienced a robust 24.6 per cent year-on-year increase in June, propelled by favourable government policies like income tax relief and repo rate cuts, alongside resilient rural demand, even as global crude oil prices pose potential cost pressures.
