Nayara Energy's Gujarat refinery becomes the first in India to face Western sanctions as the EU tightens restrictions on Russian oil exports, aiming to cut off funding for Moscow's war efforts. India opposes unilateral sanctions and emphasizes energy security, while the measures could impact Nayara's operations, exports, and Rosneft's stake sale plans.
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The Supreme Court questioned a married woman who sought the cancellation of anticipatory bail for a man accused of rape on the false promise of marriage. The court suggested she might face prosecution for engaging in extramarital affairs, highlighting her awareness of the relationship's implications. The Patna High Court's decision to grant anticipatory bail to the accused was upheld.
Indian markets concluded the week with losses exceeding 1%, influenced by global tariff uncertainties and a tepid start to Q1 earnings. The Nifty50 breached its 20-day EMA, signaling potential consolidation. Investors will closely monitor upcoming Q1 earnings from major companies and key inflation data from India and the US for future direction.
Aamir Khan and Genelia Deshmukh's film 'Sitaare Zameen Par' is a big hit. The sports drama earned Rs 3 crore on Sunday. Its domestic collection is now Rs 160.75 crore. The film stars neurodivergent actors. It is about a basketball coach training players with disabilities. The film faces competition from new releases like 'Metro..In Dino' and 'Superman'.
Tensions flared during the final moments of Day 3 in the India-England Test at Lord's, with Jasprit Bumrah and Zak Crawley at the center of a heated exchange. Shubman Gill and other Indian players engaged in verbal sparring with Crawley, prompting intervention from Ben Duckett. Kevin Pietersen supported the aggression, adding spice to the already intense series.
During the India versus England Test at Lord's, Dhruv Jurel substituted for an injured Rishabh Pant. Jurel's wicket-keeping skills drew attention. Dinesh Karthik jokingly suggested Pant should share his match fees with Jurel. India scored 387, with KL Rahul's century and Pant's fifty. Fans await updates on Pant's injury. The match remains tightly contested.
Rahul Gandhi expressed his frustration on Monday, stating that as the Leader of the Opposition, he is not being given the opportunity to speak in the Lok Sabha while government members are freely making statements. He criticized Prime Minister Modi for leaving the House quickly and emphasized the opposition's demand for a discussion on Operation Sindoor.
Following a recent AI 171 crash, India has directed airlines operating Boeing 737s and 787 Dreamliners to inspect fuel control switch locking mechanisms by July 21. This directive aligns with similar actions by regulators in South Korea and the UAE, prompted by a 2018 FAA bulletin. Air India has already inspected half its Dreamliner fleet, finding no issues.
A private college in Harda faced backlash for advertising chickens, listing one breed as 'Narmada,' a name sacred to the Narmadiya Brahmin Samaj. The community protested, deeming it an insult to their religious beliefs and the revered Narmada River.
Israeli Prime Minister Benjamin Netanyahu is currently resting at his residence after being diagnosed with food poisoning, his office confirmed. Doctors have treated the 75-year-old leader for intestinal inflammation and dehydration. Consequently, his ongoing corruption trial has been postponed, with the next hearing scheduled for September.
Salesforce CEO Marc Benioff believes AI will augment the workforce rather than cause mass layoffs, differing from other tech leaders' predictions. He stated that Salesforce customers aren't laying off employees due to AI, instead viewing it as a productivity booster.