Indian exporters are scrambling to adapt as US President Trump's tariffs on Indian goods surge, potentially impacting India's GDP. Businesses are exploring strategies like shifting production to countries with lower duties, targeting new markets, and even considering US-based acquisitions.
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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.
Microsoft has restored IT services to Nayara Energy, an Indian oil refinery backed by Russia, after a lawsuit was filed due to service suspension following EU sanctions. The sanctions have significantly impacted Nayara's operations, leading to reduced refinery activities. Microsoft confirmed the restoration of services after Nayara's lawyer informed a New Delhi court that the matter had been resolved.
A devastating flash flood in Dharali village was triggered by a massive collapse of glacial sedimentary deposits, not just heavy rain. Experts estimate an avalanche of 360 million cubic meters of debris flattened structures and claimed lives. The unstable glacial deposit, combined with steep terrain, accelerated the debris flow, leaving residents with no chance of escape.
Kartik Aaryan faces scrutiny as the Federation of Western India Cine Employees (FWICE) cautions him against attending an event in Houston organized by a Pakistani-owned entity, Aga’s Restaurant and Catering. The event, 'Azadi Utsav – The Indian Independence Day,' scheduled for August 15, 2025, raises concerns about associating with Pakistani interests, prompting FWICE to urge Aaryan's withdrawal and seek clarification.
Shubman Gill and the team management are contemplating the playing XI for Thursday's match, with Dhruv Jurel's batting skills under scrutiny. Rishabh Pant's absence necessitates a strategic reshuffle, potentially impacting the inclusion of Kuldeep Yadav or the persistence with Washington Sundar. Jasprit Bumrah's availability remains uncertain, while Arshdeep has been asked to be ready.
Following a drawn Test series against England, India faces a busy cricket schedule in 2025. The Asia Cup in September will see a young team led by Suryakumar Yadav, while Rohit Sharma and Virat Kohli return for the ODIs in Australia. The year concludes with a full home series against South Africa, featuring Tests, ODIs, and T20Is.
Disney has released the first trailer for James Cameron's 'Avatar: Fire and Ash,' showcasing new tribes and escalating conflict on Pandora. Jake Sully's family unites with the Metkayina to battle Varang and her fire-wielding Ash People, allied with Quaritch. Cameron promises a longer, emotionally intense film, with the movie scheduled to release on December 19, 2025.
Telangana's Chief Minister, A Revanth Reddy, is facing backlash after criticizing young journalists for lacking respect and etiquette at an event. His remarks sparked outrage, with press associations demanding clarification. Simultaneously, Reddy criticized political parties for owning media outlets and addressed concerns about social media misinformation.
Relentless monsoon rains in Himachal Pradesh's Kullu district caused the collapse of a cofferdam at the Malana-I Hydropower Project, triggering flash floods and sweeping away heavy machinery. The incident has exacerbated the monsoon's devastating impact, leaving hundreds of roads blocked, power transformers failed, and water supply systems non-functional.
A cloudburst-triggered flash flood in Uttarkashi's Dharali village caused widespread devastation, sweeping away homes, shops, and roads. Rescue teams, including SDRF and Army personnel, are on-site conducting relief operations amid fears that laborers may be trapped. The Meteorological Department has issued warnings for continued heavy rainfall across Uttarakhand, particularly in hilly areas, until August 10.