A landslide in Maval tehsil, Pune district, has buried a house, with three family members feared trapped. Rescue operations are underway by NDRF and police, while heavy rainfall has also caused waterlogging and partial closure of the Mumbai-Pune Expressway.
'Buy on dips, buy on dips and sell on rise.'
A new report from the Stockholm International Peace Research Institute (SIPRI) indicates that India has expanded its nuclear arsenal and is developing long-range weapons capable of reaching targets across China, while also maintaining focus on its rivalry with Pakistan.
The India-Oman free trade agreement, operationalised on June 1, is set to create significant export opportunities for India's labour-intensive and value-added sectors, including textiles, gems and jewellery, and marine products, while also strengthening energy security.
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.
Mumbai and Pune are grappling with severe monsoon weather, triggering an 'orange' alert, widespread disruptions, school closures, and tragic fatalities from landslides and wall collapses.
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.
PDP president Mehbooba Mufti has received an official invitation to attend the state funeral of Iran's slain supreme leader Ayatollah Ali Khamenei in Tehran. She will travel to Iran as a distinguished guest of India to pay her final respects, highlighting the historical and strategic ties between the two nations.
Russian President Vladimir Putin stated that Moscow would not interfere in the "delicate" bilateral relations between India and China, expressing confidence in their ability to resolve border disputes amicably. He also discussed Russia's independent partnerships with both nations, touched upon India-Pakistan ties, and highlighted ongoing and proposed defence cooperation with India, including the BrahMos missile and a potential Su-57 fighter jet project.
Meerut SSP Avinash Pandey has defended the police's handling of a Scheduled Caste college student's death, asserting that all actions were evidence-based. He warned against disturbing law and order and appealed for peace, even as an alleged threat call to his PRO surfaced and police arrested several protesters involved in a recent demonstration.
The Indian stock market's movement this week will be significantly influenced by the outcome of US-Iran talks, global crude oil prices, and the trading activities of foreign institutional investors (FIIs), according to market analysts.
The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.
The Competition Commission of India took note of allegations that participants were informed of several significant contractual obligations only after making substantial payments, potentially depriving them of an informed choice.
Meta-owned WhatsApp has submitted its reply to the government's notice on the "username" feature and the response is being examined, sources said on Thursday.
Maruti Suzuki, India's leading passenger vehicle manufacturer, is experiencing robust growth in the June quarter, driven by a recovery in the entry-level segment, easing supply constraints, and significant market share gains. Despite potential headwinds from El Nio, analysts remain optimistic about the company's future performance.
India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.
Cockroach Janta Party founder Abhijeet Dipke plans to return to India to launch a peaceful protest seeking the resignation of Union Education Minister Dharmendra Pradhan over examination-related lapses.
Automobile manufacturers are increasingly vocal about the mounting paperwork and delays associated with India's Production-Linked Incentive (PLI) scheme for the automotive sector, arguing that compliance requirements are becoming as challenging as meeting technical eligibility conditions. They are pushing for a simpler, faster, and more predictable certification and compliance framework.
Mumbai is experiencing intense monsoon activity, with over 100 mm of rainfall recorded in 24 hours, leading to widespread waterlogging and two tragic rain-related deaths, as the India Meteorological Department forecasts continued heavy to very heavy showers and gusty winds.
The unprecedented rally in artificial intelligence (AI)-linked stocks has led to Indian companies being excluded from the top 10 constituents of the MSCI Emerging Markets (EM) Index for the first time in over two decades, raising concerns about concentration risk.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
The Indian Embassy in Venezuela has called for a thorough investigation into the alleged desecration and removal of organs from the body of Indian sailor Rakesh Chauhan. His wife and the Forward Seamen's Union of India claim a second post-mortem in India revealed all internal organs were missing, raising serious questions about his death and the handling of his remains.
The Gujarat High Court has upheld the death sentences for 38 Indian Mujahideen operatives and life imprisonment for 11 others involved in the 2008 Ahmedabad serial blasts, which killed 56 people. The court also directed the state government to pay significant compensation to victims' families and those grievously injured.
In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
US Secretary of State Marco Rubio says relations between India and the US have not lost momentum and are set to strengthen, with hopes for a trade deal soon.
The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.
'The main problem the country faces is not low GDP growth, but low employment growth.'
Info Edge (India), the company behind Naukri.com, has seen its startup investment portfolio, spanning AI, deeptech, and consumer tech, grow to Rs 41,300 crore from an investment of Rs 4,900 crore since 2007. This significant valuation increase comes despite headwinds in its core recruitment business, which has been impacted by weak hiring trends and IT sector uncertainty.
The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.
The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.
India and China held constructive talks on the situation along the Line of Actual Control (LAC) in eastern Ladakh, emphasising that maintaining border peace and tranquillity enabled progress in normalising overall relations.
A parliamentary committee is actively working to establish a mechanism for implementing the 'One Nation, One Election' reform, with its chairperson, PP Chaudhary, indicating that it could be fully operational by the 2029 general elections. Chaudhary highlighted that nearly 99 per cent of civil society stakeholders consulted have supported the proposal, which aims to mitigate an estimated Rs 7 lakh crore economic loss due to frequent polls.
The Enforcement Directorate conducted searches in Kolkata as part of an investigation into alleged fund routing from TMC's bank accounts for purchasing an Embraer jet and an AgustaWestland helicopter. The probe suggests Rs 160 crore was transferred to Carewell Aviation, with Rs 112 crore used for aircraft. The ED suspects the arrangement was designed to camouflage the true purpose of transactions. This comes amidst frozen TMC bank accounts and ongoing internal party disputes.
US Secretary of State Marco Rubio will visit India for four days to strengthen bilateral relations, holding talks with Indian leaders and attending the Quad foreign ministers' meeting.
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
The US-China rapprochement, however tenuous, is not without implications for India. Both China and Pakistan have become closer to the US, notes Ambassador T P Sreenivasan.
The Delhi High Court has directed the Wrestling Federation of India (WFI) to make a decision within two weeks on the show-cause notice issued to grappler Vinesh Phogat concerning alleged indiscipline and anti-doping rule violations. The court closed proceedings on Phogat's petition after her Asian Games selection trial grievance became infructuous, but she may file a fresh petition on broader selection policy issues.
India and Bangladesh are scheduled to hold bi-annual Director General-level border talks in Delhi next week, focusing on border fencing, attacks on BSF personnel, infiltration, cross-border crimes, and illegal migration.
Pakistan's Deputy Prime Minister Ishaq Dar stated that the Indus Waters Treaty remains valid and binding, rejecting India's decision to revoke it following a terror attack. He emphasised the treaty's role in regional peace and warned of "profound consequences" if Pakistan is deprived of its allocated waters. PPP chief Bilawal Bhutto Zardari also proposed an international convention against the weaponisation of waterways.
Former cricketer Reema Malhotra believes the Indian women's cricket team is a strong contender to win the upcoming ICC Women's T20 World Cup, largely because of its strong spin bowling resources.
