Donald Trump's proposed 50% tariff on Indian exports casts a shadow over Indian stock markets, impacting sectors like textiles and auto ancillaries. While export-oriented businesses face challenges, analysts suggest focusing on domestic consumption-driven sectors. A potential market dip presents a buying opportunity for long-term investors, leveraging India's resilient economy.
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Senator Tom Cotton is questioning Intel's choice of Lip-Bu Tan as CEO, citing concerns over his ties to Chinese firms and a past criminal case involving Cadence Design during Tan's leadership. Cotton's letter to Intel's board chair seeks clarity on Tan's disclosures regarding Chinese investments, especially given Intel's role in securing the microelectronics supply chain for defense.
President Trump announced new reciprocal tariffs effective at midnight, targeting countries allegedly exploiting the US. He claimed billions would flow into the US, attributing potential obstacles to a "radical left court."
Maharashtra's Deputy CM Eknath Shinde defended Pragya Thakur's claims of torture during the Malegaon blast probe, accusing the UPA government of framing Hindutva leaders and coining the term 'saffron terrorism'. Shinde supported Thakur's allegation that she was pressured to implicate PM Modi, criticizing Rahul Gandhi for allegedly echoing Pakistani sentiments.
Prime Minister Narendra Modi lauded the CRPF's crucial role in national security, particularly in internal security challenges, on the force's 87th Raising Day. Home Minister Amit Shah commended the CRPF's selfless sacrifice and courage in combating Naxalism. Home Secretary Govind Mohan assured the CRPF of the Home Ministry's commitment to providing modern weapons and technology to address increasing security threats.
UPSC has declared the results of the IES and ISS Examinations 2025, held from June 20 to 22. Candidates who cleared the written stage will now proceed to the Personality Test. Their selection remains provisional until document verification. The result PDF is available at upsc.gov.in, with interview dates and DAF submission details to be announced soon.
Prime Minister Narendra Modi inaugurated Kartavya Bhavan, the first building under the Common Central Secretariat project, designed to consolidate government offices for enhanced efficiency. This state-of-the-art complex will house key ministries, including home affairs and external affairs, marking a significant shift from the historic North Block.
India's GST collection witnessed a 7.5% year-on-year increase, reaching Rs 1.96 lakh crore in July 2025, driven by strong domestic revenues and increased imports. Domestic revenue grew by 6.7%, while import taxes rose by 9.5%. Net GST revenue stood at Rs 1.69 lakh crore, reflecting a modest increase, though refunds surged significantly.
The Supreme Court addressed a complex matrimonial situation involving Indian Ambassador Thongkomang Armstrong Changsan, who remarried after a customary divorce deemed invalid by the Gauhati High Court. The court showed no sympathy for Changsan, whose first marriage, solemnized in a church, was improperly dissolved by village elders.
Police searched C M Sebastian's property in Alappuzha regarding Jainamma's disappearance. They found skeletal pieces, a bag, and cloth. A pond was drained, and a septic tank inspected. Ground-penetrating radar and a cadaver dog were used. Sebastian admitted knowing the missing women and having financial dealings. He hasn't revealed what happened to them. The investigation continues to find more evidence.
External Affairs Minister S Jaishankar addressed the Lok Sabha regarding the government's response to the Pahalgam attack and Operation Sindoor. He highlighted India's zero-tolerance stance on terrorism. Jaishankar mentioned global support received post-attack. He criticized past governments' inaction after 26/11. The minister also spoke about India's strengthened regional ties and engagement with the UN Security Council.