The Monsoon Session of Parliament is set to begin with a contentious atmosphere as the opposition INDIA bloc and the BJP-led government clash on issues like the Pahalgam attack, Operation Sindoor, and foreign policy. Several bills are slated for consideration, including those related to sports governance, geoheritage sites, and mining regulations.
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HDFC Bank announced its first-ever 1:1 bonus issue and a special interim dividend of Rs 5 per share alongside its Q1FY26 results. The bank reported a 12% year-on-year increase in standalone net profit, reaching Rs 18,155 crore. The record date for the bonus issue is August 27, 2025, and for the dividend, it's July 25, 2025.
A significant 6.5 magnitude earthquake rattled the Tanimbar Islands region of Indonesia, originating at a depth of 110 kilometers. While there were no immediate reports of damage or casualties, the event underscores Indonesia's vulnerability to seismic activity due to its location on the Pacific Ring of Fire.
Justice Yashwant Varma of Allahabad High Court has petitioned the Supreme Court, contesting an inquiry report and a recommendation for impeachment proceedings against him. He claims the inquiry committee denied him a fair chance to respond before issuing its findings. The plea precedes Parliament's monsoon session, starting July 21.
Hans Niemann is in the final of the Freestyle Chess Grand Slam. He defeated Fabiano Caruana in the semi-final. Niemann will face Levon Aronian for the title. The tournament is happening in Las Vegas. Magnus Carlsen and Hikaru Nakamura are competing for third place. Niemann aims to prove himself after his controversy with Carlsen.
In a first, Koneru Humpy, Dronavalli Harika, R Vaishali, and Divya Deshmukh made it to the FIDE Women’s World Cup quarterfinals. FIDE CEO Emil Sutovsky congratulated the players. The Indian players won tense tie-breakers. Humpy defeated Alexandra Kosteniuk, and Harika edged out Kateryna Lagno. Vaishali defeated Meruert Kamalidenova, and Divya Deshmukh beat Zhu Jiner.
China has strongly condemned Donald Trump's threat of imposing tariffs on Russia's allies, labeling it as 'illegal, unilateral sanctions' and 'coercion.' Trump's ultimatum demands an end to the Ukraine conflict within 50 days, threatening 100% tariffs on nations trading with Russia.
Political tensions rise in Bihar as another businessman, Vikram Jha, is murdered in Patna. Tejashwi Yadav criticizes chief minister Nitish Kumar over rising crime. This incident follows the killings of Gopal Khemka and another sand mining businessman. The RJD accuses the government of lawlessness. The NDA counters, alleging the opposition seeks to revive "Jungleraaj".
A 20-year-old student in Balasore attempted self-immolation after alleging sexual harassment by a faculty member and inaction by the college. She posted on X about her plight, threatening suicide if justice wasn't served. Her father accuses the teacher and principal of tormenting her, leading to immense pressure and ultimately, her desperate act. She is currently battling severe burns.
Indian farmers face a challenging situation with stagnant income and declining profit margins across major crops, as revealed by CACP data. While input costs have risen, the increase in farm income hasn't kept pace with rural inflation over the last decade. Consequently, profit margins have decreased for most crops, exacerbating the financial strain on farmers, especially those with small landholdings.
A massive fraud has been uncovered in Maharashtra's education system, involving the misuse of the Shalarth portal. Senior education officers allegedly created fake teacher IDs and hired unqualified individuals for bribes, siphoning off an estimated Rs 2,000-3,000 crore. A Special Investigation Team has been formed to probe the scam, with arrests and suspensions already underway.