Retail inflation has plummeted to a notable 1.55% in July 2025, marking an eight-year low since June 2017. A significant drop in food prices, with the Consumer Food Price Index at -1.76%, contributed to this decline.
Related news
Prediction markets have dramatically shifted, favoring Google over OpenAI in the AI race. Following GPT-5's underwhelming demo, Google's probability of having the best AI model surged to 77% on Polymarket. Traders are betting on Google's Gemini 3.0 and its broader AI ecosystem to surpass OpenAI, reflecting a belief in Google's strategic advantage and potential for superior models.
In Jaitpur, a wall collapsed near Mohan Baba Mandir due to heavy rain, killing five members of Ranjan's family and trapping eight people in jhuggis. The victims included two children, a woman, and several migrant workers from West Bengal. Police are investigating the structural condition of the wall and potential negligence, while one survivor receives treatment.
Donald Trump has threatened a 50% tariff on Indian imports, potentially raising prices on various goods in the US. However, smartphones and electronics are temporarily exempt, shielding Apple iPhones made in India from immediate impact. This offers relief to US consumers and Apple, which is expanding its Indian manufacturing.
Pakistan's Defence Minister Khawaja Asif refuted the Indian Air Force chief's claim that India downed multiple Pakistani fighter jets and a large aircraft during Operation Sindoor. Asif dismissed the statement as a “dangerous distortion” intended for domestic political gain.
DRDO Chairman Samir V Kamat announced that India's BrahMos missiles and Akashteer air defence system played a crucial role in Operation Sindoor, the retaliatory strike following the Pahalgam terror attack. BrahMos, launched from Sukhoi Mk 1 aircraft, served as the primary offensive weapon, while Akashteer acted as the defensive backbone, integrating sensors to neutralize threats.
Mohammad Azharuddin praised Syed Kirmani as the world's best wicketkeeper, highlighting his skills against spin and contribution to India's 1983 World Cup victory, at the launch of Kirmani's autobiography. Azharuddin also commended Mohammad Siraj for his outstanding performance in the Anderson-Tendulkar Trophy against England, where he emerged as the leading wicket-taker.
Shubman Gill was named India’s ‘Player of the Series’ after scoring 754 runs, which included four centuries. His standout performances included scores of 147 in Leeds, 269 and 161 in Birmingham, and 103 in Manchester.
Donald Trump claimed that US tariffs on India for purchasing Russian oil significantly impacted Moscow's economy, highlighting a 50% duty on Delhi. He stated that Russia's economy is struggling due to global pressures and the conflict. Trump mentioned a potential meeting with Russia to discuss resolution, noting European leaders' desire to end the conflict and focus on their own economies.
Soniya, a 34-year-old woman, is accused of orchestrating her husband's murder, masking her involvement with social media posts portraying her as a grieving widow. Police investigations revealed her affair with Rohit, whom she allegedly planned to marry after eliminating her husband, Pritam Prakash.
Rashid Khan marked his return to competitive cricket with a historic milestone, becoming the first player to reach 650 T20 wickets. Playing for Oval Invincibles in The Hundred 2025, he took 3/11 against London Spirit, showcasing his spin mastery. His performance, combined with Sam Curran's, led the Invincibles to a comfortable victory, starting their title defense strongly.