Moneycontrol Daily: Your Essential 7

With two more arrests on Saturday, the total number of people detained in the NEET-UG paper leak case has risen to 21. The CBI arrested a B.Tech graduate from NIT-Jamshedpur and two MBBS students, who allegedly acted as "solvers." This brings the total number of arrests in six related cases to 21. Read more here

Today
Guru Purnima
Kanwar Yatra begins
All-party meet ahead of Monsoon Session of Parliament
India to host World Heritage Convention
PM Modi to inaugurate World Heritage Convention
BJP to observe ‘Murder of Democracy Day’ in Bengal
TMC to observe Martyrs Day
2 BJP MPs to join TMC, according to Kunal Ghosh
Amit Shah to address party workers in Pune
Tomorrow
Q1 Earnings: Coforge, Jana Small Finance Bank
Economic Survey
RNFI Services IPO to open for subscription
Hearing by SC on NEET UG result
Excise scam: Delhi court hearing on Sisodia's custody
Valmiki corporation scam: K'taka ex-minister B Nagendra’s ED custody hearing
SC to hear petitions seeking SIT probe in electoral bonds scheme
Andhra Pradesh assembly session to commence
Indian cricket team to leave for SL for T20I series

The broader indices underperformed the main indices in the week ended July 19 despite hitting fresh record highs amid the Microsoft outage impacted globally, geopolitical tension, and cautious ahead of the Union Budget next week. The BSE Small-cap index dropped nearly 3%, with stocks like GTL Infrastructure, Bharat Bijlee, GE Power India, and others down 11-18%. Meanwhile, Mahanagar Telephone Nigam, Tata Teleservices (Maharashtra), Just Dial, and more gained 10-50%. Read more here

The aviation sector was heavily impacted by the global Microsoft software outage, affecting airlines like IndiGo, Vistara, Akasa, and SpiceJet. Check-in systems failed, leading to manual check-ins, widespread cancellations, and delays in India. Travelers with insurance can file compensation claims, even if the airline has provided compensation. Claims can be filed if flights were canceled without adequate notice due to the outage. Read here

Due to a recent update on the income tax portal, taxpayers with short-term capital gains are being denied a valid rebate of up to Rs 25,000 under the new tax regime, overriding the Income Tax Act, 1961. Read more here 

The deduction limit under Section 80D for health insurance premiums, last increased from Rs 15,000 to Rs 25,000 in Budget 2015, has remained unchanged for nine years. As the Union Budget approaches, there is growing anticipation for a potential increase in this deduction. Read more here

At its Summer Launch Event in Milan, OnePlus unveiled several products, with the Nord Buds 3 Pro standing out for their features and affordability. After extensive use, here are our thoughts on these latest TWS earbuds.