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HISTORICAL FACTS: 50 - Caught on Camera

Congress opposes Hindu members on Madhya Pradesh Waqf Board, plans Supreme Court challenge

Madhya Pradesh reorganised its Waqf Board, adding two Hindu members to the ten-member committee. Congress leaders have criticised this move, calling it inappropriate and vowing to challenge it. Ruling BJP leaders defended the decision, stating the board is not solely for mosques. The Waqf Board chief affirmed the reconstitution followed…

The Economic Times

'30 minutes of horror': Gir lion attacks man in Gujarat, traps him for nearly half an hour; video goes viral

A lioness attacked a man in Gujarat's Bhavnagar district, which has gone viral online. The man survived the prolonged ordeal with serious injuries after rescuers arrived. Recent lion attacks have killed two people, prompting public concern and protests. Forest officials have captured many lions, which wildlife experts find concerning. Experts…

The Economic Times

Ram Temple trust clears former secretary Champat Rai of wrongdoing

The Shri Ram Janmabhoomi Teerth Kshetra Trust found no wrongdoing by former General Secretary Champat Rai. All gold and silver donations made to the Ram Temple are safe and fully accounted for. Keshav Mohan has been appointed in place of Champat Rai to oversee the Trust's functioning. This follows a…

The Economic Times

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Cultfit files papers for Rs 3,500-4,000 crore IPO; fresh issue at Rs 950 crore

The IPO will comprise a fresh issue of shares worth Rs 950 crore and an offer for sale of up to 178.6 million shares by existing investors and individual shareholders, according to the DRHP. The total offer size will be finalised after the price band is set.

The Economic Times

PM Modi accorded Guard of Honour in Jakarta ahead of crucial bilateral talks

Prime Minister Modi received a ceremonial Guard of Honour in Jakarta on Tuesday. He held comprehensive bilateral discussions with Indonesian President Prabowo Subianto. The visit aims to strengthen the Comprehensive Strategic Partnership between the two nations. Discussions will focus on defence, maritime coordination, and critical minerals. This engagement follows India's…

The Economic Times

Global Market: China emerges as diversification bet for investors amid market volatility

Global investors now see Chinese assets as diversification, not just growth. China's markets show resilience amid global volatility and geopolitical tensions. This shift encourages fresh inflows into Chinese bond and equity markets. The yuan's strength and policy stability drive investor interest in China. Despite concerns, China's independent market dynamics enhance…

The Economic Times

India's favourite safe haven? Why gold hype is facing a reality check in 2026

Gold's appeal as a safe haven has slowed after a strong rally this year. Profit-booking and easing geopolitical tensions have led to a market reassessment. The US Federal Reserve's interest rate stance remains a significant factor for gold prices. Investors are currently prioritizing growth assets like equities over protection trades.

The Economic Times

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Market wrap: Sensex drops 104 points, Nifty closes below 24,400 as market snap 4-day gaining streak

Indian stock markets closed lower on Tuesday, ending a four-day gain. Weak global cues and rising oil prices impacted trading sentiment negatively. Foreign investors remained net buyers, providing some support to the market. IT stocks surged significantly, while broader markets experienced declines. Analysts anticipate an uptrend driven by economic growth…

The Economic Times

Gold prices fall Rs 1,000/10 gram; silver down Rs 3,000/kg ahead of US Fed minutes. Key levels to track

Gold and silver prices opened lower on the MCX Tuesday, extending recent losses. Investors await U.S. Federal Reserve minutes for monetary policy clues. MCX silver futures for September 2026 delivery fell and gold futures for August 2026 delivery also declined. Spot gold and silver prices also saw decreases in international…

The Economic Times

Best small cap mutual funds to invest in July 2026

Small cap funds saw significant inflows in May 2026 after a poor 2025. Despite market volatility, advisors suggest staggered investments for long-term wealth creation. These funds invest in companies ranked below 250 by market capitalization. Small cap stocks offer high return potential but also carry considerable risk. Investors should select…

The Economic Times

Reliance Industries shares in focus as company gets Sebi's warning over alleged insider trading

Reliance Industries received a warning letter from market regulator Sebi. The letter cited alleged insider trading by two employees and a relative. Sebi investigated trades made while possessing unpublished price-sensitive information. The company stated it will address the concerns raised by the regulator. Sebi's warning is cautionary and imposes no…

The Economic Times

Odisha SIR draft electoral roll: Ganjam records highest voter deletions, Malkangiri sees steepest 10.25% decline

SIR Odisha: Odisha's draft electoral roll reveals over twenty lakh electors removed. Ganjam district saw the highest number of deletions, while Malkangiri experienced a steep decline. This large-scale revision has prompted political debate and calls for greater transparency. Eligible voters can submit claims and objections until August fourth. The final…

The Economic Times

Kusumgar's Rs 650-crore IPO opens tomorrow; GMP signals nearly 40% listing gain

Kusumgar's Rs 650-crore IPO will open for subscription on July 8, with the issue commanding a grey market premium of around Rs 166. The offer is entirely an offer for sale, while the company has reported steady revenue and profit growth over the past two financial years.

The Economic Times

Waiver of recovery of excess amount paid to central government employees: Finance Ministry to examine proposal to simplify the process

Central government employees' union requested simpler recovery waivers for excess payments. The DoE secretary assured examination of these demands with DoPT. Audits often identify past overpayments, leading to salary deductions. NC-JCM argues these are administrative errors, not employee fault. They propose delegating waiver powers to department heads for faster resolution.

The Economic Times

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Walmart rolls back barbecue staple prices after Donald Trump says retailer acted at his request

Walmart announced price reductions on popular barbecue items like meat and soda. These cuts follow a public statement from President Donald Trump. Record-high beef prices had previously strained consumer budgets significantly. The retailer also lowered prices on over two hundred fifty items at Sam's Club. This move aims to offer…

The Economic Times

US cyber agency is using Anthropic's Mythos to audit government code, sources say

The US cyber defense agency CISA is using Anthropic's AI model Mythos for software audits. This initiative aims to find bugs that could be exploited by foreign adversaries. Audits have already uncovered a significant number of vulnerabilities within government code. The National Security Agency has also reportedly used Mythos despite…

The Economic Times

Atharva Polyplast, Seemax Resources among 6 SME IPOs set to debut on bourses today. Check details

Six SME IPOs are set to debut on the stock exchanges today, with Atharva Polyplast, Seemax Resources, Sampark India Logistics and Kratikal Tech listing on the BSE SME platform, while Teja Engineering Industries and Vinit Mobile will debut on the NSE SME platform. Kratikal Tech topped the pack, raising Rs…

The Economic Times

IT stocks are beginning to offer bank FD-like dividend yields. But is that a trap for investors?

Indian IT stocks now offer dividend yields comparable to bank fixed deposits. These yields have risen because stock prices have significantly declined from their peaks. Companies possess substantial liquidity and are actively using buybacks and dividends for support. However, sector headwinds from AI and geopolitics create uncertainty for future growth.…

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The Economic Times

Founder of Brookfield-backed Avaada seeks $750 million loan

Avaada Group founder Vineet Mittal plans to borrow $750 million from global lenders. This new financing will refinance the company's existing $1 billion credit facility. Several international banks are in talks to underwrite this significant debt deal. Avaada Group is also considering an initial public offering for its solar cell…

The Economic Times

EAM S Jaishankar discusses bilateral ties with Bahrain King

External Affairs Minister S Jaishankar met Bahrain's King Hamad bin Isa Al Khalifa. He also discussed bilateral cooperation with Foreign Minister Abdullatif bin Rashid Al Zayani. The minister conveyed greetings from Indian President and Prime Minister. Jaishankar thanked the King for ensuring the Indian diaspora's safety. This visit aims to…

The Economic Times

Kospi plunges 8% as AI investors fear rally is overblown; trading halted for 20 mins

South Korea's Kospi index experienced a significant 8% drop, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung Electronics and SK Hynix, major index components, saw substantial declines. Other sectors like battery and shipbuilding also faced considerable losses. Foreign investors continued to…

The Economic Times

Sridhar Vembu highlights rising number of Indian engineers in rural Japan amid shrinking population

Zoho founder Sridhar Vembu observed Indian engineers working in rural Japan. These engineers are addressing talent shortages in regions with shrinking populations. Vembu visited Wakayama prefecture, noting advanced industries thrive outside major cities. He saw global manufacturers operating successfully in remote rural locations. This experience reinforced his belief in rural…

The Economic Times

Cochin Shipyard shares fall 4% as OFS worth Rs 1,856 crore opens today at 7% discount

Cochin Shipyard shares dropped as the government plans a significant stake sale. The offer for sale includes a base offer and an oversubscription option. This disinvestment move is part of the government's FY27 program. The offer opens for non-retail investors today and retail investors tomorrow. The government aims to raise…

The Economic Times

Intel-backed software company Syntiant files for US IPO

The listing is the latest in a string of AI-related IPOs ‌this year, ⁠amid a ⁠broader revival in the U.S. IPO market as companies seek to capitalize on growing investor confidence.

The Economic Times

NATO allies seek to win over Trump after Iran ire as US Prez heads to Turkey

NATO allies will showcase surging defence spending at a summit in Turkey's capital Ankara on Tuesday as they hope to placate US President Donald Trump after his fury over Europe's response to the war with Iran. The two-day gathering at Turkey's sprawling presidential palace comes a year after NATO members…

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