Finance minister Nirmala Sitharaman indicated a potential thaw in India-China business relations, citing mutual interest in reviving economic engagement after years of tension. Following S Jaishankar's visit, both nations are exploring avenues for increased interaction and potential easing of investment restrictions. While cautious optimism prevails, progress is also noted in bilateral trade talks with the US and EU.
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Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday as worries of 20-25% US tariffs on India loomed. While Nifty50 was near 24,800, BSE Sensex was up around 70 points.
Amazon CEO Andy Jassy has shifted his stance on AI's impact, now emphasizing its potential to enhance employee roles by automating routine tasks. This contrasts with earlier warnings of job displacement. Jassy highlighted AI's current role in coding, customer service, and business process automation, citing significant time savings.
A special NIA court acquitted all seven accused in the 2008 Malegaon blasts case, citing lack of evidence. BJP leaders slammed the Congress for fabricating the "Hindu terror" narrative, demanding an apology. Owaisi questioned the probe, while the Congress defended its record, asserting that terror has no religion. Victims' lawyer plans to challenge the acquittal in higher court.
Rishabh Pant's innings was cut short on Day 1 of the fourth Test against England after a painful blow to his right foot while attempting a reverse-sweep. Scans were immediately conducted, and the BCCI is monitoring his progress. His injury has rattled the Indian camp, with Sai Sudharsan expressing concern. Liam Dawson from the England side also showed empathy.
The Supreme Court has ruled that delimitation exercises for states, excluding Jammu and Kashmir, must wait until the publication of census data after 2026, as mandated by Article 170(3) of the Constitution. The court dismissed a petition seeking immediate delimitation for Andhra Pradesh and Telangana, emphasizing that the constitutional provisions do not apply to Union Territories like J&K.
Michael Lewis, Caitlin Clark's stalker, received a 2.5-year prison sentence for sending threatening and sexually explicit messages. Despite claiming he only wanted Clark's safety, his numerous social media posts and proximity to the Gainbridge Fieldhouse led to his arrest. Clark's courage in pursuing the case was praised, highlighting the importance of standing up against online harassment.
Ahan Shetty completed filming 'Border 2', sharing an emotional farewell video with co-star Varun Dhawan. He expressed gratitude for the growth and memories on set. Calling Varun a mentor and brother, Ahan teased his next project. 'Border 2', directed by Anurag Singh, releases January 23, 2026.
Finance minister Nirmala Sitharaman indicated a potential thaw in India-China business relations, citing mutual interest in reviving economic engagement after years of tension. Following S Jaishankar's visit, both nations are exploring avenues for increased interaction and potential easing of investment restrictions. While cautious optimism prevails, progress is also noted in bilateral trade talks with the US and EU.
The Reserve Bank of India (RBI) increased its gold reserves by approximately half a tonne in late June, bringing total holdings to 879.8 tonnes. Gold's value within India's foreign exchange reserves has significantly increased, reaching 12.1% as of July 18, 2025.
The Income Tax Department has facilitated online ITR-3 filing for AY 2025-26, benefiting individuals with income from share trading, business ventures, and unlisted shares. Key updates include mandatory Form 10-IEA selection, revised capital gains reporting, and higher asset/liability reporting thresholds. Filers must also provide detailed disclosures on TDS sections and deductions.