India

Sensex Falls 300 Points as Strait of Hormuz Uncertainty Rattles Markets

Indian equity markets declined on Monday, with the Sensex shedding around 300 points amid growing investor uncertainty. The drop was linked to rising concerns over the Strait of Hormuz, a critical global oil shipping route whose status remains unresolved. Oil prices held near a one-week high as the potential disruption to the waterway kept energy markets on edge. The uncertainty surrounding the strait's reopening weighed on sentiment across broader financial markets. Investors remained cautious as developments around the strategically important passage continued to unfold.

Trump Defends FIFA Chief Infantino, Warns Against Leadership Change

US President Donald Trump has publicly backed FIFA president Gianni Infantino, calling any move to replace him a serious mistake. Infantino is currently under pressure from multiple football confederations who are opposed to his proposal to sell a share of World Cup profits. The confederations have accused FIFA of breaching their trust through this initiative. The dispute has created significant tension within global football's governing structure.

'At no cost' will Mann complete tenure: Warring predicts AAP govt collapse in Punjab

'I still miss him': China’s AI crackdown leaves users mourning lost virtual boyfriends

NYC Millionaire Home Tax Proposal Exposes Widespread Vehicle Registration Fraud

A proposed millionaire home tax in New York City has inadvertently brought attention to a widespread vehicle registration fraud problem. To qualify for tax exemptions, homeowners may be required to prove primary residency, a process that is exposing many who have registered their vehicles out of state. The practice, commonly referred to as garage fraud, allows vehicle owners to evade local insurance costs and taxes. Investigators have found that numerous out-of-state registered vehicles carry significant unpaid fines in the city. The issue is not unique to New York, with similar registration schemes also being reported in Italy and France.

Sarfaraz Khan recalled to India Test squad after 17kg weight loss and long wait

Sarfaraz Khan, 28, has been recalled to India's Test squad for the upcoming series against Sri Lanka, replacing the injured Sai Sudharsan. The Mumbai batter had been working hard on his fitness, shedding 17 kilograms in his bid to return to international cricket. Just two days before his recall, Sarfaraz posted a motivational quote from the 2019 Telugu film 'Jersey' on Instagram, hinting at his determination. After receiving the news, he celebrated by sharing pictures of himself in the Team India travelling jersey on social media.

Telangana Teen Dies After Injection at Rural Clinic Triggers Breathing Crisis

A 14-year-old girl in Telangana's Khammam district lost her life after developing severe respiratory complications. The incident occurred at a rural clinic where she had been taken for treatment of fever and cold. She was administered an injection at the facility, after which her condition rapidly deteriorated. The case has raised concerns about medical practices and safety standards at rural healthcare centres in the region.

Moody's Economist: Stricter Immigration Policies Won't Create More Jobs for Americans

Moody's chief economist Mark Zandi has argued that tightening immigration policies does not translate into more employment opportunities for native-born American workers. Current data shows that unemployment among native-born workers is now higher than among foreign-born workers. Labor force participation has declined as employers continue to cut jobs. A shrinking labor supply, driven by an aging workforce and reduced immigration, is raising concerns among economists. Experts warn that worker shortages could push businesses to scale back operations and increase prices for consumers.

Ex-fielding coach T Dilip credits Kohli's relentless intensity as key to team inspiration

Former India fielding coach T Dilip has praised Virat Kohli for maintaining exceptional on-field intensity that consistently set him apart from others. Dilip noted that Kohli's dedication in practice sessions was equally matched by his performance during matches, which served as a source of inspiration for teammates. The coach highlighted India's 2024 T20 World Cup triumph in Barbados as the most memorable moment of his tenure. Dilip also credited the fielding medal ceremony with positively shaping the team's overall attitude and commitment. During his time as fielding coach, India recorded notable achievements across multiple cricket formats.

Earthquake Kills 132 in Colombia, Damages Thousands of Homes and Schools

A powerful earthquake struck Colombia, claiming at least 132 lives and triggering 21 aftershocks. The disaster caused widespread structural damage across the region, affecting at least 1,575 homes. Additionally, 18 health centres and 52 schools were reported damaged in the quake. Videos circulating online showed panicked residents fleeing as buildings collapsed around them. Colombian authorities, including official Espriella, confirmed the scale of the destruction as rescue efforts continued.

How Indian Travellers Can Cut Costs After Global Banks Pull Credit Cards

Several global banks have withdrawn credit card services for Indian customers, affecting those who rely on them for international travel. This development has prompted financial experts to suggest alternative ways to manage money abroad. A prepaid forex card is highlighted as a practical option for travellers who can estimate their expenses in advance. Such cards allow users to lock in exchange rates and stick to a set budget while overseas. Travellers are advised to explore multiple payment options to minimise costs and currency conversion fees.

Trump Media Posts $238M Loss in Q2 Despite Revenue More Than Doubling

Trump Media reported a net loss of $238 million in the second quarter, even as its revenue more than doubled during the period. The company's operating losses widened significantly, leading it to scrap planned expansions into online betting and cryptocurrency. Going forward, Trump Media is concentrating its efforts on its Truth API service, which targets trading firms. A nuclear fusion initiative undertaken in partnership with TAE Technologies, however, remains active and on schedule.

India Collects Rs 10,463 Crore Custom Duty on Precious Metals in 3 Months

The Indian central government earned Rs 10,463 crore in customs duty from precious metals over a three-month period, according to information shared with the Lok Sabha. Authorities also conducted raids during this period, resulting in the seizure of 161 kg of gold. The government disclosed these figures in response to parliamentary queries. Additionally, the Centre clarified that it does not maintain any official data on the volume of idle gold held by households across India.

Harbhajan Singh opens up on NCA expulsion, says he was not at fault

Former India spinner Harbhajan Singh has revealed the circumstances behind his expulsion from the National Cricket Academy (NCA), asserting that he bore no responsibility for the incident. Harbhajan represented India across all formats from 1998 to 2016, amassing over 700 international wickets. In his Test career spanning 103 matches, he claimed 417 wickets, including 25 five-wicket hauls. Across 236 ODIs, he took 269 wickets, while also featuring in 28 T20 internationals during his distinguished career.

Mirae Asset ShareKhan picks Mazagon Dock, ICICI Lombard, JSW Energy and DLF as top buys

Mirae Asset ShareKhan's Head of Retail Research, Somil Mehta, has recommended four stocks for investors to consider. The selected stocks are Mazagon Dock Shipbuilders, ICICI Lombard General Insurance, JSW Energy, and DLF. These picks span sectors including defence shipbuilding, insurance, energy, and real estate. The recommendations were published as part of the brokerage's latest retail research guidance for market participants.

Most Indian State Sports Bodies Fail to Promote CWG Medal Winners on Social Media

India won 39 medals at the Commonwealth Games, but an investigation reveals that many state sports departments are doing little to promote these achievements. A review of social-media activity found stark disparities across states, with Rajasthan's sports body last posting on Facebook in 2012 and Manipur remaining largely inactive online. Haryana, despite producing several top athletes, also showed limited digital outreach. Tamil Nadu stood out as a positive exception, consistently using social media to highlight grassroots-level athletes. The findings raise questions about how seriously state governments are investing in sports promotion beyond the medal podium.

US Appeals Court Allows Addiction Lawsuits Against Meta, Google, TikTok, Snapchat

A US appeals court has ruled that thousands of lawsuits against major tech companies, including Meta, Google, TikTok, and Snapchat, can proceed. The platforms are accused of deliberately designing addictive features that harm young users. The court rejected the companies' appeals, clarifying that Section 230 provides a legal defense but does not grant full immunity from such claims. Meta additionally faces a separate multistate trial concerning its data collection practices and platform design. The ruling follows a related decision by a New Mexico court addressing public nuisance concerns and youth safety.

US Court Permanently Drops Criminal Charges Against Gautam and Sagar Adani

A United States court has permanently dismissed criminal charges against Adani Group chairman Gautam Adani and his nephew Sagar Adani. The charges had been filed in a US federal court, drawing significant attention to the Indian conglomerate. The dismissal marks a legal victory for the Adani family, bringing the US criminal proceedings to a close. No further details on the court's reasoning for the dismissal were immediately available.

Colombia quake: Over 2k missing; flights disrupted, 21 aftershocks - top developments

Catering cart & military aircraft: How Trump was moved out of Turkey amid Iran threat