Gross direct tax collections saw a modest increase of under 5% up to June 19, with advance tax receipts growing at a muted 3.9%, signaling potential concerns about corporate profit growth. Net direct tax collections dipped slightly due to a significant surge in refunds, reflecting the finance minister's push for quicker disbursal.
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Neeraj Chopra clinched his first Diamond League victory in two years in Paris, triumphing over Germany's Julian Weber with an impressive 88.16m throw. This win marks Chopra's first in the Paris leg of the series, overcoming previous second-place finishes. Earlier, Chopra finished second to Weber at the Doha Diamond League.
England have announced their playing XI for the first Test against India, marking the start of the Tendulkar-Anderson Trophy and the new World Test Championship cycle. Chris Woakes returns, and Brydon Carse makes his home debut. Ollie Pope retains his No.3 position despite competition, while India, under Shubman Gill, seek a series win in England after 18 years.
Narendra Modi received Cyprus's highest honor, the Grand Cross of the Order of Makarios III. He stated that the award represents respect for India and strong Cyprus-India relations. The award recognizes contributions to Cyprus or humanity. Modi's visit is the first by an Indian Prime Minister in over twenty years.
On their train ride to Leeds for the first Test, Indian cricketers shared fond childhood memories of train travel. A BCCI video captured their nostalgia, fan interactions, and light-hearted moments, highlighting personal stories from Washington Sundar, Dhruv Jurel, Sai Sudharsan, and Shardul Thakur.
Stock market recommendations: Bajaj Broking Research suggests investor sentiment is fragile due to geopolitical tensions and crude price rallies. Nifty is range-bound between 24,400-25,200, while Bank Nifty consolidates around 56,000. Top stock picks are Paras Defence and Space Technologies, and Thirumalai Chemicals, both with a target return of 10% over three months.
Israeli jets launched air strikes on Iranian nuclear and military sites. This happened after President Trump urged Prime Minister Netanyahu to wait. Netanyahu called the operation 'Rising Lion'. The strikes strained US-Israel relations. Iran promised retaliation. Gulf states are worried about the fallout. Trump convened the National Security Council. Oil prices increased due to fears of disruption.
Gold prices in India soared to near all-time highs, reaching Rs 1,01,540 per 10 grams, fueled by escalating geopolitical tensions after Israel's strike on Iran. Silver also surged, hitting Rs 1,08,100 per kg, matching its lifetime high. Investors sought safe-haven assets amid global instability and expectations of potential US Federal Reserve interest rate cuts, further driving the precious metals' rally.
Jos Buttler lauded 14-year-old Vaibhav Suryavanshi's incredible talent, drawing comparisons to Brian Lara and Yuvraj Singh after witnessing his explosive 35-ball century in the IPL. Buttler highlighted Suryavanshi's fearless approach and ability to dominate world-class bowlers like Siraj, Krishna, and Rashid Khan. He further praised the young batter's composed performance against Chennai, showcasing maturity beyond his age.
"That’s why people turn on the TV," says Rob Key, Managing Director of the England men's cricket team, as he Talks to TOI on the upcoming five-test series, the changing attitudes of English cricket & why it’s imperative to create the perfect environment for players to deliver their best.
Israel issued a stark warning to Iran's Supreme Leader Ayatollah Ali Khamenei. They said he cannot continue to exist. This followed Iranian retaliatory strikes, including an attack on an Israeli hospital. The conflict has escalated with attacks on nuclear facilities. Casualties are mounting on both sides. The US has stated it has no plans to target Khamenei for now.