Get all the latest news and updates on Live News Blog only on Moneycontrol. Read all news including political news, current affairs and news headlines online on Moneycontrol's Live News Blog.
The live blog session has concluded. For more news, views and updates, stay tuned with Moneycontrol.com.
Live News: Pelosi's visit to Taiwan could prove to be a diplomatic challenge for Biden and Xi
As the House Speaker, Pelosi is one of the most important American leaders to land in Taiwan. She is the third public official in the Line of Succession after the President and Vice President. Newt Gingrich was the last US House Speaker to visit the island in 1997. The Chinese response at that time was mild. But its response to Pelosi’s visit is unlikely to be as mild as in the past. The conversation between the two presidents on Friday was aimed at lowering rising tension in the Taiwan strait in recent weeks. But Biden did not guarantee he would stop Pelosi from visiting Taiwan. Read More
Live News: Taiwan tensions raise risks in one of the busiest shipping lanes
The Taiwan Strait is the primary route for ships passing from China, Japan, South Korea and Taiwan to points west, carrying goods from Asian factory hubs to markets in Europe, the US and all points in between. Almost half of the global container fleet and a whopping 88% of the world’s largest ships by tonnage passed through the waterway this year, according to data compiled by Bloomberg. Read More
Live News:FSSAI launches drive to check adulteration in edible oils
In a statement, Food Safety and Standards Authority of India (FSSAI) said the campaign is to "check adulteration in edible oils, presence of trans-fatty acids in hydrogenated oils and to crack down on the sale of loose edible oil in the country.”. Read More
Live news: Chinese warplanes buzzed the line dividing the Taiwan Strait shortly before the expected arrival in Taipei of Pelosi for a visit that has pushed friction between Washington and Beijing to a new level
Live News: Senator Tim Scott + 25 senators (including Mitch McConnell) issue joint statement in support of Speaker Nancy Pelosi's trip to Taiwan
Live News: Senator Tim Scott + 25 senators (including Mitch McConnell) issue joint statement in support of Speaker Nancy Pelosi's trip to Taiwan
Live News: China's Ministry of Foreign Affairs issued a statement on Nancy Pelosi's visit to China's Taiwan region
"In disregard of China's strong opposition and serious representations, Speaker of the U.S. House of Representatives Nancy Pelosi visited China's Taiwan region. This is a serious violation of the one-China principle and the provisions of the three China-U.S. joint communiqués. It has a severe impact on the political foundation of China-U.S. relations, and seriously infringes upon China's sovereignty and territorial integrity. It gravely undermines peace and stability across the Taiwan Strait, and sends a seriously wrong signal to the separatist forces for "Taiwan independence". China firmly opposes and sternly condemns this, and has made serious démarche and strong protest to the United States." the statement read.
Live News: Lok Sabha passes Wild Life (Protection) Amendment Bill
The bill which had undergone scrutiny of a parliamentary panel seeks to amend the principal Act for better management of protected areas and inserts an explanation to provide for certain permitted activities such as grazing or movement of livestock, bona fide use of drinking and household water by local communities. Read More
Live News: Trade deficit surges to new all-time high of $31 billion in July
As per the data provided by Subrahmanyam, imports stood at $66.26 billion in July compared to $46.15 billion in the same month last year. Meanwhile, exports in July were "almost static" compared to last year, Subrahmanyam said, coming in at $35.24 billion. Read More
Live News: ITC exits lifestyle retailing business
ITC’s lifestyle retail brand Wills Lifestyle had been in the process of “descaling”, the chairman said. The company had previously exited John Players by divesting the trademark. Read More
Live News: Ghazal singer Manhar Udhas joins BJP in Gujarat
Udhas (79) was inducted into the party by state BJP chief C R Paatil at the party’s Gandhinagar office. He said he has been a fan of Prime Minister Narendra Modi and will try his best to serve people in whatever way possible.
Live News: Pegasus panel submits final report to Supreme Court
The court-appointed technical panel probing the Pegasus snooping allegations that the Israeli spyware had been used to allegedly infiltrate the phones of several politicians, journalists and activists in India, had submitted its final report to the Supreme Court a week ago.The report has also mentioned that the case may be listed on August 12 before a bench comprising Chief Justice of India NV Ramana and justices Surya Kant and Hima Kohli. Read More
Live News: Around 3000 athletes are getting trained in different academies.
They too have been given facilities. National Centre of Excellence, State Training Centres or Extension Centres-Govt of India made a lot of efforts to see that sports facilities are increased: Union Min Anurag Thakur
Live News: No plans to bring census into concurrent list: Government
Rai, Union minister of state for home, also said that due to the outbreak of COVID-19 pandemic in March 2020, the Census 2021 and the related field activities have been postponed indefinitely. Read More
Live News: ED summons more people in Sanjay Raut's money laundering case
Live News: Two-wheeler sales volumes in July muted
Even as semiconductor supply constraints are easing for automakers, sales in the two-wheeler segment remained muted in July, both over the last year and on a sequential basis. Still, most two-wheeler makers are anticipating sustained growth over the next few quarters because of a favourable monsoon and improvements in the supply chain. Read More
Live news: Rupee gains 37 paise to settle at 78.69 (provisional) against US dollar
Live news: ED has expanded by over 50 per cent since 2018
Live news: Kremlin warned US on Tuesday that an expected visit to Taiwan by Nancy Pelosi would provoke tensions in China
Live news: US will 'pay the price' if Pelosi visits Taiwan, warns China
Live news: Woman throws shoes at Partha Chatterjee near hospital
Live news: China has suspended imports from 35 Taiwanese exporters of biscuits and pastries since Monday
- China has suspended imports from 35 Taiwanese exporters of biscuits and pastries since Monday, in a warning salvo to the self-governed island ahead of a potential visit to Taiwan by U.S. House of Representatives Speaker Nancy Pelosi.(Reuters)
Live news: Child infected with Marburg virus dies in Ghana
-A child who contracted the highly infectious Ebola-like Marburg virus in Ghana has died, a World Health Organization official said on Tuesday.
- The death brings the total number of fatalities in the country to three since Ghana registered its first ever outbreak of the disease last month.
- The outbreak is only the second in West Africa. The first ever case of the virus in the region was detected last year in Guinea. Read more.
Live news: As of August 1, 7 confirmed Monkeypox cases reported, said Health Minister Mansukh Mandaviya
- As on August 1, seven confirmed cases, including one death, of Monkeypox disease, four from Kerala and three from Delhi have been reported so far, said Union Health Minister Mansukh Mandaviya.
Live news: We are researching on the vaccine for Monkeypox & if there's a need for it, said Adar Poonwalla
- After meeting with Union Health Min Mansukh Mandaviya, SII CEO Adar Poonawalla said, "my meeting went well like always."
- All preparations for the vaccine are being done; I briefed the minister on this. We are researching on the vaccine for Monkeypox & if there's a need for it." (ANI)
Live news: Another Nigerian man living in Delhi tests positive for monkeypox, becomes the 3rd case in Delhi: Official Sources
Live news: Nagpur district in Maharashtra logs 21 swine flu cases in three days
-At least 21 cases of swine flu were reported in Nagpur district of Maharashtra in the last three days, a civic health official said on Tuesday. The number of such cases stood at just six from January 1 to June 30, he said.
- "The patients with H1N1 flu symptoms started reporting from the second week of July. 28 persons were detected with swine flu from the second week of July till the month end," said the Nagpur Municipal Corporation (NMC) official. Of them, 21 cases were reported in the last three days- July 29,30, and 31.Read more.
Live news: SpiceJet has entered into final settlement with AAI
- Ithas cleared all outstanding principal dues of airport operator.
- It will no longer remain on ‘cash & carry’ at AAI run airports across the country andwill revert to advance payment mechanism for daily flight operations, saidSpiceJet. (ANI)
Live news: India offers additional USD 100 mln Line of Credit to Maldives; PM Modi says "our closeness has grown"
Live news: India to extend extra $100 million credit to Maldives
-India will extend an additional $100 million line of credit to the Maldives, Prime Minister Narendra Modi said on Tuesday, after a meeting with the island nation's President Ibrahim Mohamed Solih in New Delhi.
- "We have decided to extend an additional line of credit worth $100 million dollars so that all projects may be completed on time," Modi said at a joint press meet in the Indian capital. (Reuters)
Live news: Delhi's first monkeypox patient discharged from hospital: Officials
Live news: Fifth case of monkeypox reported from Kerala
- A 30 year-old man, who came to Kerala from UAE last month, has tested positive for monkeypox, making him the fifth case of the virus from the southern state.
- Health Minister Veena George on Tuesday said the man had arrived at the Calicut Airport on July 27 and was undergoing treatment at a hospital in Malappuram district. His health condition is stable, she said.
- Those who were in close contact with him, including his parents, are being closely monitored. It is the fifth case of Monkeypox reported in the state, she said.Read more.
5 Zonal Councils, Northern, Central, Eastern, Western & Southern Zonal Council have been set up under the States Reorganization Act, 1956: MoS Home
The States Reorganisation Act 1956 provides that the Zonal Councils shall consist of A Union Minister to be nominated by President, saidMoS HomeNityanand Rai.
Chief Ministers of each of the States included in the Zone and two other Ministers of each such State to be nominated by the Governor and if there is no Council of Ministers in any such State, three members from that State to be nominated by the President, he added.
Aam Aadmi Party (AAP) releases the first list of ten candidates for the Gujarat Assembly elections to be held this year
President of Maldives, Ibrahim Mohamed Solih meet with PM Narendra Modi
Six pacts between India andMaldives to facilitate cooperation in capacity building, cyber security, housing,disaster management.
Maldives-India relationship goes beyond diplomacy. This visit is an affirmation of the close bond between our two countries: President Solih
Was it not for generous assistance received in form of budgetary support,medical assiatance & Covishield vaccine from India, our recovery after COVID would've been difficult. Unrestricted supplies of essential medicines to Maldives is evident of strong bond we share: President of Maldives, Ibrahim Mohamed Solih, during a joint press statement with PM Modi.
India to provide an additional line of credit of $100 million to the Maldives
We have also decided to provide an additional line of credit of $100 million to the Maldives so that all projects can be completed in a timely manner, said PM Modi in a joint press statement with Maldives President Ibrahim Mohamed Solih.
The threat of trans-national crime, terrorism and drug trafficking is serious in the Indian Ocean region. That's why coordination between India and the Maldives in the field of defence & security is vital for the peace and stability of the entire region, he added.
Update | Rising monkeypox cases in India
- Union health minister Mansukh Mandaviya on August 2 said during question hour in Rajya Sabhathat the Centre was taking proactive measures, in consultation with states, to prevent the spread of the disease in the country, underlining that close contacts of confirmed cases, irrespective of their sexual orientation, were particularly vulnerable to the viral disease.
- Last week, a patient of the disease who had returned from United Arab Emirates had died in a Kerala hospital.
- The minister said that 15 institutes in India, at present, have the capacity to test monkeypox and the testing capacity could be expanded as per the requirement.
Position of Chinese side is clear, we've sent serious demarches to US: Chinese Foreign ministry spox
We're closely following itinerary of Speaker Nancy Pelosi. If US continues to stand on wrong path we'll take strong & resolute measures to ensure our sovereignty & security, said Chinese Foreign ministry spox on US Speaker Nancy Pelosi visit to Taiwan
She added, China and US through different channels have maintained close communication. We've repeatedly expressed our strong opposition to potential visit of Speaker Nancy Pelosi to Taiwan & that it's a sensitive issue & how dangerous it could be.
Moreover, any counter-measure that China will take to be justified in response to unscrupulous behavior of US and its oblivion to China's demarches, & China only exercising right entitled to any independent country, she said.
Lok Sabha, Rajya Sabha adjourned till 2 pm.
Total 8 cases of monkeypox detected in India
India has detected a total of 8 monkeypox cases so far, of which five have history of foreign travel, health minister says in Rajya Sabha.
SC issues notice to Centre regarding ED Director Sanjay Kumar Mishra's tenure
Supreme Court issues notice to Centre on pleas challenging the Central government’s order ofextending the term of the ED Director Sanjay Kumar Mishra by one more year.
Sanjay Raut money laundering case | ED raids taking place at two different locations in Mumbai
Kerala | Another monkeypox case reported in the state
A 30-year-old is undergoing treatment in Malappuram. He had reached Kozhikode airport on 27 July from UAE: Kerala Health Minister Veena George
This is the fifth case of monkeypox in the state.
Income Tax raids at properties linked to renowned Tamil cinema producers
Income tax sleuths on Tuesday held searches at the premises linked to some well known Tamil cinema producers, official sources said.
The raids were being reportedly carried out at multiple locations in the state, including Madurai.
Breaking: ED carried out multiple searches in the alleged National Herald money laundering case
Enforcement Directorate today carried out searches at multiple locations in Delhi and other places in the alleged National Herald money laundering case.
Arrested accused in SSC recruitment scam, Arpita Mukherjee says, "the money does not belong to me, it was kept there in my absence".
Cash & jewellery worth crores was recovered from her Kolkata residence by police.
Delhi | Maldives President Ibrahim Mohamed Solih meets PM Narendra Modi at Hyderabad House
Kerala | Meteorological Department has issued 'Red' alert for very heavy rain in 10 districts including Wayanad, Palakkad, Malappuram & Calicut for today.
The Indian Meteorological Department (IMD) has predicted widespread rainfall with isolated heavy falls and thunderstorms and lightning over southern India, including parts of Telangana, Lakshadweep, Goa, south coastal Andhra Pradesh, Karnataka, Tamil Nadu, Puducherry, and Kerala during August 2-5.