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New Delhi: There is no direct link between covid-19 vaccinations and reported instances of sudden death among adults in the country, the health ministry said, citing extensive studies carried out by India's top medical research bodies. The investigations by the Indian Council of Medical Research (ICMR) and the All-India Institute of Medical Sciences (AIIMS) identified lifestyle choices, pre-existing health conditions and genetic factors as the key contributors to these sudden deaths, the minist ...Read More >
Kolkata gangrape case: The main accused in the Kasba gangrape case Monojit Mishra wanted capital punishment for the culprits of the RG Kar rape case that shook the nation last year, a new report has said as new chilling details emerge regarding the crime. One of the women, quoted by Anandabazar Patrika, has accused expelled TMCP leader Mishra of sexually harassing her during a college picnic in 2023. "Alcohol arrangement was made under the supervision of Monojit. I went to a room to get my pho ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police ...Read More >
Mumbai: Bank credit growth to non-banking financial companies (NBFCs) continues to lose steam, even after the Reserve Bank of India (RBI) rolled back tighter risk-weight norms earlier this year to support the sector. Experts said NBFCs are increasingly turning to bond markets for cheaper and quicker funding, while stress in microfinance and unsecured business loans has made banks cautious. Data from the RBI showed that in May 2025, bank credit to NBFCs fell by 0.3% year-on-year (y-o-y) to ₹15.6 ...Read More >
Bihar Election 2025: The Bharatiya Janata Party (BJP) on July 1 launched a scathing attack on RJD leader Tejashwi Yadav over his remarks on the Waqf Act, calling him a 'Maulana - a Muslim cleric. The saffron party accused the former deputy chief sister of polarising the society on communal lines, sensing opposition Mahagathbandhan's 'imminent' defeat in the assembly polls due later this year. The BJP was responding to Yadav's earlier assertion that the opposition grand alliance in Bihar will c ...Read More >
New Delhi: Central and state governments collected ₹1.85 trillion in Goods and Services Tax (GST) revenue in June, reporting a 6.2% annual improvement, although the revenue receipt was the lowest in four months. The moderation from the more than ₹2 trillion-level seen in the first two months of the current financial year comes on account of a sharp reduction in tax collection from domestic transactions. GST on imported items also witnessed some moderation in June. However, cumulatively, in the ...Read More >
Bengaluru, Jul 1 (PTI) The Central Administrative Tribunal (CAT) on Tuesday observed that the Royal Challengers Bengaluru are "prima facie responsible" for the stampede outside Chinnaswamy Stadium on June 4, which led to the death of 11 people. Nearly 2.5 lakh fans thronged the MG Road and Cubbon Road areas near the stadium after RCB announced a victory parade from the Vidhana Soudha and a fan engagement programme at the stadium to celebrate the team's maiden IPL triumph. "...therefore, prima ...Read More >
MUMBAI, July 1 (Reuters) - The Indian rupee strengthened on Tuesday, alongside most Asian peers, as worries over U.S. President Donald Trump's fiscal policies and uncertainty around trade deals kept the dollar pinned at a more than three-year low against major peers. The rupee closed at 85.52 per U.S. dollar, up about 0.3% on the day. While the rupee strengthened on the day, it was unable to hold onto gains above the 85.50 mark, with traders pointing to bids from a large state-run bank and a f ...Read More >
Telangana factory blast: As the death toll from the explosion at the pharma plant in Pashamylaram rose to 36, Telangana Chief Minister Revanth Reddy on Tuesday said his government will engage with the management of Sigachi Industries Ltd to ensure that a compensation of ₹1 crore each is paid to the kin of those who died. Reddy, who visited the blast site, said those who are seriously injured will receive ₹10 lakh, while those who are injured but can resume work after some recovery will be provi ...Read More >
Bengaluru: As many as 26 patients were shifted to another ward after a fire erupted in the seminar room of the burns ward of Bengaluru's Victoria Hospital at 3 am on Tuesday. At the time of the fire, 26 patients -- including 14 men, five women and seven children were there in the burns ward. Among the 26 patients, five patients were in ICU, Ramesh Krishna K, Dean and Director of Bangalore Medical College and Research Institute said in a statement, as per PTI. No casualties or injuries were re ...Read More >
New Delhi, Jul 1 (PTI) State-owned CIL on Tuesday said coal production dropped by 8.5 per cent to 57.8 million tonnes (MT) in June even as the government aims to increase the output to reduce the dependency on imports. The coal production by the PSU was 63.1 MT in the corresponding month of the previous fiscal, Coal India Ltd (CIL) said in a regulatory filing. The coal output by the PSU in the first three months of the current fiscal also dropped to 183.3 MT, over 189.3 MT produced in the Apri ...Read More >
Dharamshala (Himachal Pradesh) [India], July 1 (ANI): Hollywood actor Richard Gere on Tuesday joined in celebrations in Dharamshala and the surrounding regions of Kangra in Himachal Pradesh ahead of the 90th birthday of 14th Dalai Lama While the Dalai Lama's birthday falls on July 6 as per the Gregorian calendar, festivities began on June 30 in accordance with the Tibetan calendar. The event has been attracting spiritual leaders, dignitaries, and well-wishers who have been arriving from differe ...Read More >
New Delhi [India], July 1 (ANI): Bajaj Auto Limited reported nearly flat total sales for June 2025 on a year-on-year basis, as gains in the commercial vehicle segment balanced the dip in two-wheeler sales. The two-wheeler segment recorded a 2 per cent YoY decline, falling to 2,98,484 units in June 2025 from 3,03,646 units in June 2024. Domestic sales dipped 16 per cent, but exports rose by 18 per cent, reflecting a shift in market dynamics. Additionally, from the period of April to June 2025, t ...Read More >
New Delhi: India's manufacturing sector activity rose to a 14-month high in June on the back of expansions in output, new orders, and job creation, a private survey showed on Monday. The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 58.4 in June, up from 57.6 in May from 58.2 in April and 58.1 in March. India's manufacturing PMI was 56.3 in February and 57.7 in January. A reading above 50 indicates expansion. To be sure, the headline figure was abo ...Read More >
Valencia India IPO allotment: The allotment status for Valencia India Limited's SME initial public offering (IPO) was scheduled to be finalised on Tuesday, July 1, after the issue witnessed healthy participation across investor segments. Investors who subscribed to the IPO can now check their allotment status through the registrar, Kfin Technologies, as well as the BSE website. According to the IPO schedule, equity shares will be credited to the demat accounts of successful applicants on Wednes ...Read More >
Mumbai (Maharashtra) [India], July 1 (ANI): The trailer of actor Anupam Kher's upcoming directorial 'Tanvi The Great' has received widespread acclaim from fans and celebrities, including Shah Rukh Khan and Anil Kapoor. The film, which tells the story of a young autistic woman aspiring to join the Indian Army, has sparked anticipation ahead of its theatrical release on July 18. Taking to his X handle, Shah Rukh Khan commended Kher's vision and courage, writing, "To my friend @AnupamPKher who ha ...Read More >
Kolkata Gangrape Case: As students trickled back to South Calcutta Law College on Monday, fresh and harrowing allegations of molestation and misconduct emerged against Monojit Mishra, the main accused in last week's alleged gangrape of a student inside college premises. Two female students have now come forward, describing a disturbing pattern of inappropriate behaviour, intimidation, and physical abuse linked to Monojit Mishra -- a former Trinamool Chhatra Parishad (TMCP) leader with alleged t ...Read More >
New Delhi: India's $1.2 billion AI Mission is turning into a big opportunity for homegrown cloud service providers, due to an increase in graphic processing unit (GPU) demand and government-backed infrastructure procurement. Local firms like Reliance Jio Platforms,Tata Communications Ltd and Hiranandani Group's Yotta Data Services are witnessing significant growth, buoyed by the Union government's push to build a massive compute backbone for artificial intelligence (AI). This is because these c ...Read More >
New Delhi: The Centre is exploring the option of converting retired coal-based power plants to nuclear plants, said two people in the know of the developments. The need for conversion arises due to the requirement of large land parcels for nuclear plants even as the government aims to install over 22 GW of nuclear capacity by 2032 and 100 GW by 2047 from the current 8.7 GW. The government has already asked states to come up with plans to set up at least one nuclear plant each. "The possibilit ...Read More >
New Delhi: Finance minister Nirmala Sitharaman on Monday called for a fundamental rethink of global sovereign credit rating systems, arguing that they often fail to reflect the economic resilience and structural strengths of emerging markets. Speaking at the International Business Forum, the 4th International Conference on Financing for Development in Spain, Sitharaman pointed to India's strong macroeconomic fundamentals, including sustained high growth and prudent fiscal management, as evidenc ...Read More >
Delhi: Petrol pumps across the national capital will no longer provide fuel to end-of-life (EoL) vehicles from tomorrow, July 1, as per the latest rules by the CAQM. Personnel from the Delhi Police and the Transport Department will be stationed at fuel stations across Delhi to prevent the refueling of vehicles that have crossed their prescribed lifespan, i.e. end-of-life vehicles. The prescribed lifespan for diesel vehicles is 10 years, while that of petrol vehicles is 15 years. The Commissio ...Read More >
New Delhi: With 15 million registered taxpayers and robust growth in the revenue receipts, the Goods and Services Tax (GST) ecosystem is continuing to evolve with a focus on ease of doing business, better compliance and wider economic participation, the finance ministry said on Monday as the indirect tax system completed eight years. Annual revenue from GST, introduced on 1 July 2017, has doubled to ₹22.08 trillion in FY25 from five years ago and micro, small and medium enterprises are finding ...Read More >
Mumbai, Jun 30 (PTI) Domestic commercial vehicle (CV) industry is likely to see a 3-5 per cent year-on-year growth in wholesale volumes this fiscal, after logging a slight dip of 1.2 per cent in FY25, Icra said in a report on Monday. This growth is expected to be driven by resumption of construction and infrastructure activities and a steady economic environment, the ratings agency said in its latest report. Domestic CV wholesale volumes saw a miniscule 0.1 per cent increase in the previous mo ...Read More >
New Delhi: Finance minister Nirmala Sitharaman will advocate for greater financial support to developing countries, stronger development banks tailored to Global South priorities, and enhanced private sector participation in sustainable growth initiatives at three high-level international meetings in July. Sitharaman is on an official visit from 30 June to 5 July to attend the UN's Financing for Development conference in Spain, the 10th annual meeting of the New Development Bank (NDB) in Rio de ...Read More >
Hyderabad: International Asteroid Day (IAD) is observed on June 30 every year to raise public awareness of asteroids and the importance of defending Earth against potential threats from the asteroid belts. This day has been sanctioned by the United Nations. Asteroids are small, rocky objects that orbit the sun. Even though these rocky remnants are the leftovers from the formation of our solar system that occurred about 4.6 billion years ago, they still orbit around the sun like planets. There a ...Read More >
New Delhi, Jun 30 (PTI) Torrent Pharmaceuticals expects the ₹19,500-crore deal to acquire majority stake in Mumbai-based J B Chemicals and Pharmaceuticals to complete over the next 15-18 months. As per the deal, which is the second largest in the domestic pharmaceutical space behind Sun Pharma's 2015 acquisition of Ranbaxy, Torrent will acquire 46.39 per cent stake from promoters Tau Investment Holdings Pte Ltd (a unit of global investment firm) for about ₹11,917 crore. It would additionally b ...Read More >
In April, India reached 224 gigawatts (GW) of renewable energy capacity, with 108GW representing solar exclusively. Of this solar capacity, 105GW was added in the last decade. It accounts for a third of total additions in the Global South. This rise can be attributed to the fact that India, under Prime Minister Narendra Modi, has a clear policy and regulatory framework for private sector-led investments in solar energy. India's efforts to make solar energy accessible and desirable have been dec ...Read More >
In India, gold is more than just a metal -- it's a tradition, a symbol of security, and an investment rolled into one. This centuries-old cultural and financial mainstay, which has a sizeable share in India's inflation basket and has seen skyrocketing prices, may be distorting the country's 'core' inflation trajectory. Core inflation is a measure of inflation that aims to show the underlying, long-term trend of price changes in an economy, excluding the impact of components with volatile prices ...Read More >
Mumbai: MARS Growth Capital has infused an additional $50 million in Infra.Market and extended the term of its existing financing of $100 million by five years as the building materials platform prepares for an initial public offering later this year. MARS, a joint venture between private credit firm Liquidity and MUFG Bank, has invested about $150 million in the IPO-bound company with this transaction, Infra.Market said in a statement on Monday. The first tranche of $100 million, which had ...Read More >
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Bengaluru Crime: A woman's body, believed to be between 30 and 35 years old, was found stuffed inside a sack and dumped in a garbage truck in Bengaluru early Thursday. The identity of the woman is yet to be confirmed. Police said the sack was discovered by BBMP sanitation workers who immediately alerted the authorities. The body was found with her hands and neck tied, raising strong suspicion of murder. Officials stated that the body had been placed inside a gunny bag before being thrown into t ...Read More >
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