The government is considering targeted support for exporters facing US tariffs. Instead of a broad loan guarantee, sector-specific credit lines with relaxed collateral are being explored. Initiatives include linking lending with PM Vishwakarma and BharatNet.
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Flash floods triggered by incessant heavy rainfall and a cloudburst have caused widespread disruption in Mandi district, Himachal Pradesh, blocking the Chandigarh-Manali National Highway. While no casualties have been reported so far, the floods exacerbate the state's already devastating monsoon season, which has seen 261 deaths and massive infrastructure damage.
Rohit Sharma, unfazed by Mumbai's monsoon, was recently seen driving his Range Rover. The cricket star also added a Lamborghini Urus SE to his collection, sporting a personalised number plate reflecting his children's birthdays and jersey number. While enjoying his luxurious cars, Sharma is preparing for his potential final international series in Australia this October.
India faces a strategic dilemma as the US imposes a 50% tariff on most Indian goods, potentially costing India $50 billion. Options include negotiation, retaliation, export diversification, or offering concessions like halting Russian oil imports. Bilateral trade talks continue despite the dispute, with aims to significantly increase trade by 2030.
External Affairs Minister S Jaishankar will meet Russian Foreign Minister Sergei Lavrov on August 21. This meeting follows increased tariffs imposed by the US on Indian imports. National Security Advisor Ajit Doval recently met Russian President Vladimir Putin. Discussions during that meeting were not disclosed. Putin is expected to visit India before the end of 2025.
Mahendra Singh, manager of a DRDO guest house in Jaisalmer, has been arrested by Rajasthan Police for allegedly spying for Pakistan's ISI. After being detained and jointly interrogated, evidence emerged confirming his involvement in passing sensitive information about DRDO scientists, army officers' visits, and missile testing at the Chandan Field Firing Range.
Dhanashree Verma addressed Yuzvendra Chahal's remarks regarding their marriage. She cautioned against exploiting her silence. Dhanashree spoke about the social media criticism she faced post-divorce. She expressed optimism about her career and future prospects. Dhanashree hopes to find love again. She emphasized the importance of self-love while remaining open to new relationships.
The Montreal Canadiens are exploring a trade with the Chicago Blackhawks to move Carey Price's contract. Chicago would acquire Price, Montreal's 2026 and 2027 first-round picks. In return, Montreal would receive Laurent Brossoit, Lukas Reichel, and three second-round picks, addressing their goaltending depth and adding a young forward while sacrificing future draft capital.
In Uttar Pradesh's Meerut, an Army jawan, Kapil Kavad, was assaulted by toll plaza workers. Kavad was en route to Delhi airport with his cousin to return to duty when the incident happened at Bhuni Toll Plaza on the Meerut–Karnal highway on Sunday night. Video footage shows multiple toll employees beating and restraining Kavad.
Robin Uthappa has voiced his surprise over Shreyas Iyer's omission from India's Asia Cup squad, despite Iyer's strong performances, including being the leading run-scorer in the Champions Trophy and guiding his IPL teams to successive finals. Chief selector Ajit Agarkar defended the decision, citing squad size limitations.
India's gaming industry faces a potential crisis as the government considers banning "online money games." Experts warn this could devastate the sector, jeopardizing 4 lakh companies, 2 lakh jobs, and significant investments and GST revenue. Gaming executives express concerns about winding down operations due to the lack of consultation and potential impact on domestic sports.