US President Donald Trump has abruptly withdrawn from a peace deal with Iran, citing fresh intelligence of Iranian assaults on commercial vessels in the Strait of Hormuz. The decision, made just a fortnight after celebrating the deal, has led to a significant military escalation in the region, with the US launching extensive counter-operations against Iranian military infrastructure.
The reopening of the Strait of Hormuz, following a ceasefire agreement between the US and Iran, is expected to significantly ease India's crude oil supply risks, lower freight costs, and reduce inflationary pressures, as global oil prices have already dropped.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
Intelligence agencies have issued a security alert for Delhi and Uttarakhand due to a possible terror threat, prompted by an email warning of attacks. Key religious sites, government establishments, and police installations are under heightened surveillance. The alert follows incidents involving Nihang Sikhs in Uttarakhand, though the email's authenticity is under investigation.
India's net direct tax collection has seen a robust 15 per cent increase, reaching approximately 5.21 trillion in the first two and a half months of FY27, as on June 17, driven by strong growth in both corporate and non-corporate tax segments.
The launch highlights the growing maturity of India's nuclear medicine ecosystem.
The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.
Indian drone startup Garuda Aerospace has partnered with Extensee SAS to deploy Airbus' Flexrotor unmanned aerial vehicles internationally. This collaboration aims to leverage Extensee's operational expertise for various long-range autonomous missions, expanding Garuda Aerospace's Drone-as-a-Service offerings globally.
A new study reveals that herbal cigarettes, often marketed as a safe alternative to tobacco, produce emissions that are comparably or even more damaging than regular tobacco cigarettes.
'They talked bad about our leaders. They said India was a dead economy. They were not sensitive to the Indian psyche.'
Lucknow police are searching for a 21-year-old woman whose father filed an FIR alleging she was forcibly taken away by an acquaintance. While the father initially mentioned conversion, police clarified that the complaint does not include religious conversion allegations, dismissing social media rumours.
Shops and markets in Pakistan-occupied Kashmir remained closed following a protest call by the Joint Awami Action Committee (JAAC), amidst reports of over 20 deaths in recent police action. The JAAC, now outlawed, is demanding subsidised flour and electricity, and the abolition of "refugee seats." Authorities have offered a reward for the arrest of JAAC leaders, while the PoK "Prime Minister" has called for negotiations.
The BJP held a torchlight procession in Ranchi, Jharkhand, protesting the state's law and order situation and the rising number of missing children. The protest specifically highlighted the case of three children, including twin brothers, who have been missing for 13 days, with the BJP demanding their immediate recovery and intensified police action.
The Haryana government is taking strict action against black marketing of cooking gas cylinders, registering FIRs and seizing hundreds of cylinders to ensure adequate supply for citizens.
A group of Nihangs, armed with traditional weapons, stormed a gurdwara in Rudraprayag, taking a Sikh devotee hostage on the roof to demand the release of four sect members arrested after a clash in Chamoli.
The Directorate of Revenue Intelligence (DRI) in Ludhiana seized over 4 kg of opium worth Rs 21.69 lakh, uncovering a cross-border drug smuggling operation using courier channels.
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.
India significantly increased its crude oil imports from Russia and the United Arab Emirates in June, securing supplies as the Strait of Hormuz began to reopen, with Russian barrels remaining attractive due to discounts and UAE supplies offsetting earlier uncertainties.
India now ranks among the world's top three destinations for both AI and STEM talent, holding roughly a 6 per cent share of globally mobile AI talent and a 7 per cent share of STEM talent.
'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'
Police in Bidar, Karnataka, have arrested four individuals and seized 105 LPG cylinders in connection with the alleged black marketing of cooking gas.
'Of our population of 1.4 billion, 80 per cent are into doomscrolling.'
Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.
Omar Abdullah has so far laboured hard to make best of a bad bargain. Even so, the ground reality is anything but reassuring. The Opposition parties, including notably the PDP, appear to be gaining ground, though more by default. Public patience with Omar's government has nearly run out, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
'While higher prices may create some financial burden for patients and caregivers in the short term, uninterrupted access to treatment remains the greater priority.'
The amputated arm of an ITBP jawan's mother, which was stored at a police station after a hospital allegedly handed it to the family, has been sent for examination as part of a medical negligence investigation in Uttar Pradesh.
AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.
Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.
FIFA President Gianni Infantino addressed various issues ahead of the World Cup, defending the body's handling of visa challenges, stressing its inability to override government decisions, and highlighting efforts to ensure participation from all nations, including Iran. He also defended ticket pricing and expressed optimism for a competitive tournament focused on unity.
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.
An IED blast in a marketplace in northwest Pakistan has killed three people, including a tribal chief, and injured four others.
'...A new challenge has emerged in the form of Mythos.'
Authorities in Udaipur, Rajasthan, seized approximately 18,000 litres of suspected adulterated ghee and yellow food colour during a raid on a dairy farm. The raid was prompted by complaints of food adulteration and product quality. Samples have been sent for testing, and the sale and distribution of the seized ghee have been banned.
Ahmedabad police have arrested two individuals for allegedly selling T20 World Cup final tickets at inflated prices. The suspects were caught during surveillance and found to be selling tickets for three times their original value.
A self-styled godman, Shaji alias "KGF Swami", has been arrested in Thrissur, Kerala, for allegedly cheating people by promising to supply gold at discounted rates. Police seized fake gold and multiple identity cards from his residence, and he is suspected of involvement in other fraud cases.
The amputated right arm of an Indo-Tibetan Border Police (ITBP) jawan's mother has been deposited at a medical college for examination after a 10-day deadlock between police and health authorities. The case has sparked outrage and an investigation into alleged medical negligence.
Despite the World Cup returning to their country for the first time in four decades, many in Mexico said they feel excluded, priced out of stadiums, forced to pay for expensive TV subscriptions and constrained by strict licensing rules.
A man was arrested in Gurugram for allegedly running a fake clinic and treating patients without a medical degree for six years.
Investors with a 6 to 12 month horizon may consider them. They should align their holding period with the fund's maturity profile and prefer schemes with a lower expense ratio.
