Stock market recommendations: Bajaj Broking Research suggests a positive outlook for Indian equities, anticipating Nifty to retest 25,800, supported by strong market internals and historical July performance. Bank Nifty is also expected to move towards 58,500, maintaining a bullish trend above its 20-day EMA.
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Microsoft is restructuring its sales division to focus on artificial intelligence, leading to 9,000 job cuts. The company aims to become a leading AI firm by replacing traditional sales roles with technically skilled "solutions engineers." This shift involves streamlining sales efforts and consolidating solutions areas to better promote AI tools like Copilot.
The Buffalo Bills have re-signed veteran quarterback Mitchell Trubisky to bolster their quarterback depth behind Josh Allen, providing crucial insurance for the team's Super Bowl aspirations. Allen's partnership with Hailee Steinfeld remains strong, with their wedding celebrated by teammates, including Trubisky. This move brings stability and peace of mind as Allen aims to bring the Lombardi Trophy to Buffalo.
In Aligarh, a woman and her lover have been arrested in connection with the murder of her husband. Beena Devi allegedly provided Manoj Kumar with a country-made pistol, with which he shot and killed Suresh Kumar outside his home. The motive appears to be an illicit affair between Beena and Manoj, leading to frequent quarrels between the couple.
A tragic misunderstanding led to a double suicide in Patiala's Pooniwal village, leaving three children orphaned. Manpreet Kaur, facing marital issues, left home with her children after a quarrel. Unbeknownst to her husband, Gurmeet Singh, she died by suicide. Thinking she had eloped, Gurmeet also took his own life, compounding the family's devastation.
Amidst ongoing discussions for an interim trade agreement, the US has again raised concerns at the WTO regarding India's dairy certificate requirements, deeming them unnecessary obstacles for American exports. India has also proposed retaliatory tariffs against the US on steel and aluminium.
Under President Trump, the US has suspended certain arms deliveries to Ukraine, citing a DOD review and prioritizing American interests. This decision, impacting Kyiv's defense amid intensified Russian attacks, follows concerns about insufficient US weapons stockpiles. While previous commitments are paused, discussions regarding potential Patriot missile system deliveries continue, even as diplomatic talks have ceased.
An IndiGo flight from Surat to Jaipur faced an unusual delay when a swarm of bees congregated on the aircraft's cargo compartment shutter. The incident, which occurred on Monday afternoon, caused a 50-minute delay as airport authorities deployed a fire tender to dislodge the bees with a jet of water, ensuring the safety of passengers and staff.
Rahul Gandhi and Tejashwi Yadav led a "chakka jam" in Bihar, protesting the Election Commission's electoral roll revision ahead of assembly elections. The Grand Alliance march faced opposition from the BJP, who accused them of hooliganism and defended the EC's standard procedure.
England's captain Ben Stokes and India's wicketkeeper Rishabh Pant sustained injuries on the first day of the Lord's Test. Stokes struggled with a groin injury, while Pant hurt his finger attempting to stop a ball. Despite the setbacks, England concluded the day at 251/4, with Joe Root nearing a century.
Renewed calls for DK Shivakumar to become Karnataka's Chief Minister have surfaced, despite Congress leadership affirming Siddaramaiah's continuation in the role. Two Congress MLAs publicly supported Shivakumar, hinting at internal tensions. Senior leader Tanveer Sait emphasized the need for leadership change, while MLA CP Yogeshwar asserted district MLAs' unity behind Shivakumar.