Beer prices have risen by Rs 10-45 in Karnataka due to a government hike in excise duties, aiming to address revenue shortfalls. This increase has led to production slowdowns and shortages, with merchants reporting a 10% drop in beer sales and financial strains on pubs and liquor vendors.
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Trump's 25% tariff on steel and aluminum imports, effective Wednesday, aims to boost US factory jobs despite market concerns. Exemptions are removed, and aluminum tariffs increased to 10%. These measures may challenge Indian steel manufacturers and prompt international trade disputes, while US domestic steel producers may benefit from higher prices and market access.
Team India staged a valiant fightback on Day 4 of the Brisbane Test, averting an innings defeat against Australia. KL Rahul and Ravindra Jadeja's half-centuries, combined with a crucial partnership between Jasprit Bumrah and Akash Deep, propelled India to 252/9.
The Indian cricket team, led by Rohit Sharma, refutes claims of an advantage in the 2025 ICC Champions Trophy by playing all matches at one venue. Batting coach Sitanshu Kotak emphasises that success comes from performance rather than location. He adds that discussing past results against New Zealand is irrelevant for the final match.
Ukraine has endorsed a U.S. proposal for a 30-day ceasefire with Russia, with the U.S. agreeing to lift restrictions on military aid and intelligence sharing. Following negotiations in Saudi Arabia, both nations aim to finalize a deal on Ukrainian minerals. President Trump has temporarily halted military aid to Ukraine, emphasizing the pursuit of peace.
India may soon be the first nation to strike a bilateral trade deal with the US under President Trump's reciprocal tariff policy, according to US Treasury Secretary Scott Bessent. Negotiations are reportedly near a breakthrough, facilitated by India's relatively low tariffs and minimal trade barriers.
A facial recognition test will be conducted on Shariful Fakir, arrested for attacking Saif Ali Khan, to confirm his identity. The police are addressing discrepancies between the suspect and the CCTV footage. The court has extended his custody, and forensic analysis will be crucial for the investigation.
A regional passenger jet carrying around 60 people collided mid-air with a military helicopter near Ronald Reagan National Airport, leading to a crash over the Potomac River. Emergency crews responded quickly, but the status of survivors remains uncertain. Authorities have suspended all flights and are investigating the cause of the accident.
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Monday before recovering a bit. While BSE Sensex fell over 600 points, Nifty50 went below 22,750.
An Israeli fighter jet, en route to a mission in the Gaza Strip, mistakenly dropped a bomb near the Israeli community of Nir Yitzhak due to a technical malfunction. The incident, which occurred in a farm zone near the kibbutz, prompted an internal review by the IDF.
A portion of the tunnel roof at Srisailam Left Bank Canal in Nagarkurnool district collapsed, trapping eight workers inside. While 52 workers escaped, the search and rescue efforts are ongoing with the involvement of NDRF, Army, and specialized tunnel rescue teams. PM Narendra Modi has assured all possible assistance.