Here are the important updates from India and around the world for July 1, 2025:
National Updates
- MS Dhoni Files for Trademark of 'Captain Cool'
Former Indian cricket captain MS Dhoni has officially filed to trademark his iconic nickname, "Captain Cool." The move aims to protect his brand from unauthorized commercial use.
- Congress Chief Hints at Karnataka Leadership Change
Congress President Mallikarjun Kharge suggested a possible leadership reshuffle in Karnataka, sparking speculation about a new Chief Minister.
- India Accelerates Bunker Buster Missile Project
Following US airstrikes in Iran, India has fast-tracked its development of advanced bunker buster missiles to strengthen its defense capabilities.
- Heavy Rains Cause Chaos in North India
Punjab and Haryana faced severe rainfall, leading to flooding. A road caved in Chandigarh, disrupting traffic and raising infrastructure concerns.
- PM Modi Recalls Emergency in Mann Ki Baat
During his monthly radio address, PM Narendra Modi reflected on the 1975 Emergency, sharing rare audio clips of former PMs Morarji Desai and Atal Bihari Vajpayee.
- Odisha CM Orders Probe into Puri Stampede
Odisha Chief Minister Naveen Patnaik announced an investigation into the recent Puri temple stampede and apologized to affected devotees.
- S Jaishankar Thanks Iran for Operation Sindhu Support
External Affairs Minister S Jaishankar spoke with his Iranian counterpart, expressing gratitude for Iran’s cooperation in India’s rescue mission, Operation Sindhu.
International Updates
- Bangladesh Protests After Hindu Woman’s Assault
Nationwide protests erupted in Bangladesh after a Hindu woman was allegedly raped by a local politician, raising concerns over minority safety.
- Elon Musk Criticizes Trump’s Trade Policy
Tech billionaire Elon Musk slammed former US President Donald Trump’s proposed trade bill, calling it "insane" and economically damaging.
- Pakistan Army Chief Warns India
Pakistan’s Army Chief General Asim Munir issued a veiled threat, claiming a "swift response" to any Indian aggression amid rising tensions.
- Putin Open to Ukraine Peace Talks
Russian President Vladimir Putin expressed readiness for fresh negotiations with Ukraine, though Kyiv remains skeptical of Moscow’s intentions.
- Trump Demands Full Trade Access with India
Former US President Donald Trump urged the complete removal of trade barriers between India and the US, calling for stronger economic ties.
Business Updates
- Torrent Pharma to Acquire JB Pharma
Torrent Pharmaceuticals is set to become India’s fifth-largest drugmaker after acquiring JB Chemicals & Pharmaceuticals.
- Industrial Growth Slows to 1.2% in May
India’s industrial production growth hit a nine-month low of 1.2% in May, signaling a slowdown in manufacturing activity.
- Fiscal Surplus Recorded in May
The Indian government reported a fiscal surplus in May, aided by another substantial dividend from the Reserve Bank of India (RBI).
- India Expands Basmati Exports to Southeast Asia
To boost basmati rice exports, India is targeting Vietnam, Indonesia, and the Philippines as key markets.
- GST Collections Double in Five Years
Gross GST revenue hit a record ₹22.08 lakh crore in FY25, doubling since its implementation in 2017.
Sports Updates
- Faf du Plessis Sets World Record in MLC
South African star Faf du Plessis became the first player over 40 to score two centuries in Major League Cricket (MLC).
- RCB Coach Joins The Hundred Women’s League
Royal Challengers Bangalore’s head coach has been signed by Southern Brave for the 2025 Women’s Hundred tournament.
- Pakistan Appoints Acting Test Coach
Pakistan’s cricket board named a former all-rounder as the interim coach for the national Test team.
- Paul Pogba Returns with AS Monaco
French footballer Paul Pogba made a comeback to professional football after signing with AS Monaco following a doping ban.
- Smriti Mandhana’s Century Leads India to Victory
Opener Smriti Mandhana’s brilliant century powered India to a dominant win over England in the first T20I.
Stay informed with the latest updates on national, international, business, and sports news only on Moneycontrol!
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
