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-At least 13 people were killed when the cloudburst near the holy cave shrine of Amarnath in south Kashmir Himalayas triggered flash floods on Friday evening.
-Former Japanese Prime Minister Shinzo Abe passed away on Friday after being shot twice at a campaign event in the Nara region. He was "showing no vital signs" when he was taken to hospital, according to NHK.
-PM Modi wrote a passionate note in a blog, remembered former Japanese Prime Minister Shinzo Abe, praised him for his efforts to strengthen ties between India and Japan.
-TCS announcing its Q1 results said its consolidated net profit for the quarter ended June 2022 increased 5.21 percent to Rs 9,478 crore, compared to Rs 9,008 crore in the same quarter last year.
-The Supreme Court has granted relief to TV news anchor Rohit Ranjan and directed the concerned authorities not to take any coercive steps against him.
The live blog session has ended. For more news and updates, stay tuned with Moneycontrol.com
Adidas official performance footwear for Indian contingent at Commonwealth Games
German footwear and accessories major Adidas has become the official performance footwear partner for the Indian contingent for the upcoming Commonwealth Games (CWG) 2022.
Adidas has unveiled its latest performance footwear Supernova along with a customised backpack and duffle bag for the athletes as part of the official CWG kit during the athlete send-off ceremony, said a statement.
Total death toll in Amaranath cloud burst rises to 13
At least 13 people were killed when the cloudburst near the holy cave shrine of Amarnath in south Kashmir Himalayas triggered flash floods Friday evening.
DHFL scam: CBI seizes Rs 34 crore worth of paintings by Tyeb Mehta, Manjit Bawa during searches
The CBI on Friday seized two paintings by famous artists Tyeb Mehta and Manjit Bawa, valued at Rs 34.7 crore, during its searches at three locations in connection with alleged banking fraud of Rs 34,615 crore by DHFL, officials said.
The painting by Mehta worth over Rs 27 crore and that by Bawa estimated to be over Rs 7.7 crore were among a large number of paintings and sculptures -- altogether valued at Rs 40 crore -- cash and other incriminating documents seized during the latest searches.
The agency conducted searches at the premises of Rebecca Dewan and Ajay Ramesh Nawandar in Mumbai and Dewan Villa in Mahabaleshwar, they said. The CBI has said suspected links of Nawandar with notorious wanted criminals are also under scanner.
UK’s Rishi Sunak announces candidacy for PM
Former British finance minister Rishi Sunak said he was running to replace Prime Minister Boris Johnson, who the previous day announced he would stand down.
"I’m standing to be the next leader of the Conservative Party and your Prime Minister. Let’s restore trust, rebuild the economy and reunite the country. #Ready4Rishi," tweets Rishi Sunak.
Cloudburst near Amarnath cave: 10 casualties reported so far; 3 rescued alive
According to the recent information provided by NDRF DG Atul Karwal, 10 casualties have been confirmed thus far.
NDRF has also been able to rescue at least three individuals, he said adding that more rescue efforts are still being conducted.
YouTube pulls down Punjabi singer Kanwar Grewal's song
YouTube has taken down popular Punjabi singer Kanwar Grewal's song "Rihaee", which calls for the release of Sikh prisoners.
"Content Unavailable. This content is not available on this country domain due to a legal complaint from the government," the social media platform said.
US President Joe Biden mourns deceased Japan ex-PM Shinzo Abe
United States President Joe Biden, while expressing his condolences on the demise of Japan PM Shinzo Abe, said, “I am stunned, outraged and deeply saddened by the news that my friend Abe Shinzo, former PM of Japan, was shot and killed while campaigning... US stands with Japan in this moment of grief.”
“This is a tragedy for Japan and for all who knew him. I had the privilege to work closely with PM Abe. He was a champion of the alliance between our nations and the friendship between our people. The longest-serving Japanese PM, his vision of a free and open Indo-Pacific will endure.”
“He cared deeply about Japanese people and dedicated his life to their service. While there are many details that we don't yet know, we know that violent attacks are never acceptable and gun violence always leaves a deep scar on communities that are affected by it.”
Casualties feared in cloudburst near Amarnath shrine
Some casualties are feared as cloud bursts near Amarnath shrine cave. There is no clarity as of now.
The cloud burst was reported at around 5.30 pm.
Some langars at the Amarnath shrine affected by the cloudburst. Choppers rushed to rescue the injured.
Rescue teams are on the job. ITBP teams are in the rescue operations along with other agencies.
Rescue operation underway by NDRF, SDRF & other associated agencies.
PM Modi arrives at first Arun Jaitley Memorial Lecture
Prime Minister Narendra Modi arrives at the first ‘Arun Jaitley Memorial Lecture’ to be delivered by Singapore Senior Minister & Coordinating Minister for Social Policies Tharman Shanmugaratnam
The event will see a panel discussion involving OECD Secretary-General Mathias Cormann and Arvind Panagariya, a professor at the Columbia University.
Jaitley, a close associate of Prime Minister Narendra Modi and a leading BJP functionary, was the finance minister in the first Modi government. He passed away in 2019 at the age of 66.
Hacker groups initiate cyber war against India
In the aftermath of Nupur Sharma incident, 2 hacker groups namely 'Dragon force Malaysia' & 'Hacktivist Indonesia' initiated a cyber war against India.
Amit Vasava, DCP, Cyber Crime, Ahmedabad, saod: “They also appealed to Muslim hackers from across the world for the same.”
Over two thousand websites were hacked by the hacker groups.
The Ahmedabad cybercrime cell has written to Malaysian and Indonesian governments along with the Interpol to issue lookout notices for both groups
RBI penalises Bank of India, Federal Bank for rule violations
The banking regulator imposed a penalty of Rs 5.72 crore on private Federal Bank for failing to ensure that no incentive was paid to its staff engaged in insurance broking or corporate agency services
RBI imposed a monetary penalty of Rs 70 lakh on the state-run Bank of India for failing to comply with Know Your Customer (KYC) norms
The bank did not allot Unique Customer Identification Code to a large number of customers
ED raids at 18 locations of Jharkhand MLA Pankaj Mishra in connection with tender scam
The Enforcement Directorate on July 8 conducted raids at the locations of Jharkhand CM Hemant Soren's MLA representative Pankaj Mishra.
Raids going on at 18 locations, including Sahebganj, Berhait and Rajmahal in connection with a tender scam
Manipur landslide death toll rises to 49
-- Death toll from landslide that struck railway construction site at Tupul in Manipur's Noney district last week rises to 49
-- Two more bodies have been retrieved from under debris during ongoing search operations
-- Bodies of a Territorial Army staffer and a civilian were recovered on Thursday
-- As many as 12 people are still missing
TCS Q1 net profit at Rs 9,478 crore, up 5.2% over year-ago period
- Tata Consultancy Services released its results for the first quarter of financial year 2022-23 on July 8.
- The company's revenue jumped by 16.7 percent YoY to Rs 52,758 crore, where the net profit climbed by 5 percent YoY to Rs 9,478 crore.
- The company said its constant currency (cc) revenue growth was at 15.5 percent year-on-year (YoY).
- Operating margin was at 23.1 percent, registering a contraction of 2.4 percent YoY
No bandobast needed for convoy, Maha CM tells police
-Maharashtra Chief Minister Eknath Shinde on Friday asked the police not to provide special protocol for his convoy in Mumbai and elsewhere in the state.
- Shinde gave the directions after holding discussions with state Director General of Police Rajnish Seth and Mumbai police commissioner Vivek Phansalkar.
- As per a statement from the Chief Minister's Office (CMO), Shinde has directed that there should be no police bandobast for his convoy, as it causes hardships and delays for the common man.
- "This is a government of the common man so he should get priority over VIPs," Shinde said, adding that the special protocol causes traffic snarls, disrupts daily routine of citizens and burdens the police force. (PTI)
ED issues notice against Amnesty India over FEMA violation
-The Enforcement Directorate has issued a notice toAmnesty India International Pvt Ltd, for alleged violation ofForeign Exchange Management Act.
- The notice said a penalty ofRs 51.72 cr and Rs 10 crore have beenimposed againstits former head Aakar Patel respectively. (PTI)
Maharashtra can become a 7 trillion economy, says Devedra Fadnavis
- Maharashtra is Indian economy's engine, said Devendra Fadnavis. If we keep progressing as a nation, we can become a 7 trillion economy, he added.
- "We made a pledge in 2015 to grow to a trillion-dollar economy by 2030. I renew that pledge today, under Maha CM Eknath Shinde's leadership," he said.
CBI filed a case against a Delhi-based private company
- The company's then Directors, 4 NSE Mumbai officials andothers on MHA's reference in connection with alleged illegal telephones interception of NSE employees carried out by its top management in collusion with the said private company.
-An amount of Rs 4.45 crores (approx) was allegedly paid to said private company for this activity.
- Searches are being conducted today at 18 premises of the accused including at Mumbai, Pune, Kota, Lucknow andDelhi/NCR.
- Investigation is underway, said CBI. (ANI)
Edible oil prices to drop, Crude below $100
-The government has directed edible oil manufacturers to further cut the maximum retail price (MRP) of imported cooking oils by up to Rs 10 per litre.
- The change in prices is expected to reflect within a week.
- Meanwhile, oil prices remain volatile amid rising recession fears. Manisha Gupta gets you a round-up in today's commodity chat. (PTI)
Waiting for divorce from Akhilesh's SP, Rajbhar
-Amid growing discontent in the opposition camp, Suheldev Bharatiya Samaj Party (SBSP) chief Om Prakash Rajbhar on Friday said he was waiting for "talaq" (divorce) from the Akhilesh Yadav side.
- Rajbhar, however, said he will not initiate any step to break ties with the Samajwadi Party (SP).
- "I will not initiate any step to end alliance with the SP. I will wait to be divorced by Akhilesh Yadav," Rajbhar told PTI before leaving for his party meeting in the neighbouring Mau district.
- Rajbhar also said he is "still with the Samajwadi Party, but will not remain together forcefully if Akhilesh Yadav doesn't want it." (PTI)
Tripura CM Manik Saha sworn in as MLA
-Tripura Chief Minister Manik Saha, who won the recent by-election from Town Bardowali constituency, was on Friday sworn in as MLA at a simple ceremony on the Assembly premises.
-Speaker Ratan Chakraborty administered the oath of office and secrecy to the Saha in the presence of deputy chief minister Jishnu Dev Verma and other cabinet colleagues.
-Saha, who replaced Biplab Kumar Deb as the CM earlier in the year, was not a member of the Assembly.
- According to Article 164(4) of the Constitution, an unelected member can assume office as CM but he or she has to win a byelection or get elected to the Legislative Council within six months to retain the chair.
- Three other MLAs who won the June 16 by-polls in the state -- Sudip Roy Barman of the Congress, and Swapna Das Paul and Malina Debnath of the BJP had taken oath on July 4.
- Bypolls were held in four assembly seats -- Agartala, Town Bardowali, Jubarajnagar, and Surma.
- Saha resigned as Rajya Sabha member earlier this week to pave the way for his swearing-in as MLA.
- The CM, after the ceremony, asserted that the BJP would secure a big win in the electoral battle of 2023.
- The BJP snatched a win in Jubarajnagar constituency in North Tripura district, defeating the communists after 22 years. In 2018, we had failed to bag the seat. This time, we did it comfortably, he told reporters
- Claiming that he had always met expectations when any responsibility was given to him, Saha added that he would steer his party to victory as people would voted for the BJP in hordes. (PTI)
I will devote 100% of my funds to the development of sports infrastructure in rural areas, says Jayant Chaudhary
- "As far as my MP LADS are concerned, I will devote 100% of my funds to the development of sports infrastructure in rural areas because that's where the youth of the country needs to be encouraged," saidRajya Sabha MP andRLD chief Jayant Chaudhary, after taking the oath.
-We need to be very strident in our approach to protecting civil liberties, constitutional values & ensuring that our institutions are working to their best capacities... and on farmers' issues and Agnipath scheme, he said.
Thinking of stepping down from YSRCP, says Jagan Reddy's mother YS Vijayamma
- Andhra Chief Minister YS Jagan Mohan Reddy's mother YS Vijayamma on Friday said that she is thinking of quitting as the President of Yuvajana Sramika Rythu Congress Party (YSRCP) to help her daughter YS Sharmila in Telangana.
- Last year, Sharmila had floated her own party YSR Telangana Party in Telangana.
- The development comes ahead of the Telangana Assembly election next year. (ANI)
PM Modi to meet newly-elected Rajya Sabha MPs today
-PM Narendra Modi is likely tomeet newly-elected Rajya Sabha MPs today at 4.30 p.m.
- Twenty seven of 57 recently elected members of Rajya Sabha take oath today.
- Members from 10 States take oath in nine languages. (ANI)
PM Shinzo Abe had established a personal rapport with India, says Sujan Chinoy
- Sujan Chinoy, DG of Manohar Parrikar Institute for Defence Studies & Analyses and ex-Ambassador to Japan says, "We woke up to the devastating news that there has been an attempt on life of Shinzo Abe in Nara. Greatly saddens me to comment on this situation right now."
-PM Shinzo Abe always had focus on Japan's defence & security, he said."He often spoke about Asian 'Security Diamond' initiative, which later evolved into Indo-Pacific. In 2015, we roped in Japan as a participant in Malabar exercises. It had shared vision of PM Abe & PM Modi."
-PM Abe had established a personal rapport with India. He did a lot for our bilateral, special, strategic & global partnership, he added.
Former PM Shinzo Abe has passed away, NHK reports
- Abe was ingrave condition after being shot at a political event.
- PM Kishida refused to comment on impact on Sunday’s elections.
- Cabinet officials will meet to discuss response.
- The man who attacked Abe has been arrested, NHK says.
- Japan had 10 cases of gun-related incidents last year. (Bloomberg)
Deeply shocked: Jaishankar on attack on Shinzo Abe
-External Affairs Minister S Jaishankar on Friday expressed shock over the attack on former Japanese Prime Minister Shinzo Abe during a political campaign event and prayed for his recovery.
- Abe was rushed to a hospital after he was shot at the event in the southern Japanese city of Nara. Japanese media reports said Abe's condition is grave.
- "Deeply shocked by the news about former Japanese PM Shinzo Abe. Join so many of his friends and admirers in India in praying for him and his family," Jaishankar tweeted. (PTI)
Latest News Live Updates July 8: Red alert in Mumbai for next 24 hours: IMD
- A Red alert has been issued in Mumbai by the Indian Metereological Department from 1 pm today till the next 24 hours.
- "We request Mumbaikars to plan their travel and schedules likewise": IMD
Latest News Live Updates July 8: Shooting of Japan’s Ex-Leader shocks nation where guns are rare: Bloomberg
- The blast that felled former leader Shinzo Abe on Friday -- with a homemade shotgun, according to reports -- happened while he was campaigning on behalf of the ruling Liberal Democratic Party in Nara, a city east of Osaka.
- The last time a current or former Japanese prime minister was shot was 90 years ago. It’s a measure of just how rare and shocking gun violence is in the country, where gun ownership is strictly controlled.
- Shootings are uncommon in the island nation, but not unheard of. There were 10 incidents last year, leaving one person dead and four wounded, according to the National Policy Agency. For civilians, obtaining weapons -- mainly rifles and shotguns for sport or hunting -- requires an intensive licensing and background check process. Police are usually armed with handguns.
Latest News Live Updates July 8: SC grants relief to news anchor Rohit Ranjan
- The Supreme Court has granted relief to TV news anchor Rohit Ranjan and directed the concerned authorities not to take any coercive steps against him.
- This is in connection with the multiple FIRs lodged against him for running an alleged doctored video of Congress leader Rahul Gandhi.
Latest News Live Updates July 8: SC grants interim bail to Mohammad Zubair
- The Supreme Court has granted an interim bail for five days to Alt News Co founder Mohammad Zubair in relation to the FIR filed against him on June 1.
Latest News Live Updates July 8: Vivo India approaches Delhi HC against ED action in money laundering case
- Vivo India has approached the Delhi High Court against ED's action in money laundering case.
Latest News Live Updates July 8: Japan Defense Minister Kishi speaks to the media, prays for Abe's recovery
-Shinzo Abe's brother and Japan Defense Minister Nobuo Kishi speaks to the media, says the attack is an affront to democracy; praying for recovery.
Latest Live News Updates July 8: "Deeply shocked by the tragic attack on my friend former Prime Minister Abe", former PM Dr Manmohan Singh
- Former Prime Minister and Congress Leader Dr Manmohan Singh said, "Deeply shocked by the tragic attack on my friend former Prime Minister Abe. My prayers are with him and family"
- Former Japanese Prime Minister Abe Shinzo collapsed during a speech in the city of Nara.
SC begins hearing of petition filed by Alt News co-founder Mohammad Zubair challenging the Allahabad HC order
- Supreme Court begins hearing of a petition filed by Alt News co-founder Mohammad Zubair challenging the Allahabad High Court order refusing to quash FIR registered by UP police for a tweet in which he allegedly called three Hindu seers as 'hate mongers'.
- Senior advocate Colin Gonsalves, representing Zubair, tells Supreme Court that it was written in the petition that Sitapur police seeks police custody of Zubair. The order challenged in the apex court is of the Allahabad High Court.
- Gonsalves says no criminal case can be made out against Zubair. The foundation of this case is a tweet. We seek quashing of proceedings, & questions of police or judicial custody are irrelevant now. There's no case made out and the proceedings need to be quashed. (ANI)
Shinzo Abe is in hospital in critical condition : Japan PM Fumio Kishida, reports NHK
- Japan Prime Minister Fumio Kishida addresses reporters on assassination attempt against former PM Shinzo Abe
- He said that Shinzo Abe is in hospital in critical condition. 'We are hoping and praying that Mr Abe will survive this',reports NHK
"Deeply distressed by the attack on my dear friend Abe Shinzo" tweets PM Modi
- "Prime Minister Narendra Modi took to twitter to talk about the Shinzo shooting in Nara
- "Deeply distressed by the attack on my dear friend Abe Shinzo. Our thoughts and prayers are with him, his family, and the people of Japan," he tweeted.
- Japan's longest-serving prime minister, Abe was taken to hospital bleeding after being shot while delivering a speech in the western city of Nara days before an upper house election, according to authorities and media.
Mahindra & Mahindra set to make announcement about its EV at 11:30 am
-Mahindra & Mahindra is set to make an announcement about its electric vehicle (EVs) at 11.30 am today.
- This comes after the Indian automajor earlier this morning announced that it and British International Investment (BII) have inked a pact to invest Rs 1,925 crore each in a wholly-owned subsidiary, called 'EV Co', which will be focused on four-wheel passenger electric vehicles.
- Watch the live updates here.
Live News Updates July 8: Japanese yen, US dollar rose in Asia after former PM Shinzo Abe shot: Reuters
-The Japanese yen and the U.S. dollar rose in Asia on Friday as investors leapt to safe assets after former Japanese prime minister Shinzo Abe was shot, and as market jitters grew ahead of highly anticipated US jobs data.
-Abe was shot on Friday while campaigning, a government spokesman said. His condition was unknown.
-The yen rose as much as 0.5 per cemt immediately after the news, before steadying around 135.60 per dollar.
Live News Updates July 8: Police identified suspected Abe shooter as Tetsuya Yamagami, a Nara resident
-News agency Reuters reported that the police has identified the suspected shooter who allegedly short former Japan PM Shinzo Abe as Tetsuya Yamagami - a resident of Nara.
Live News Updates July 8: WATCH: Video shows the moment Shinzo Abe was shot at while delivering speech
-Footage aired by Japanese broadcasters showed the moment the attacker fired what seemed to be a shotgun at him. Smoke emerged and the people around Shinzo Abe screamed and cowered down.Another clip showed witnesses rushing to help Abe.
-The Japanese government has formed a task force in the aftermath of the shooting.
Live News Updates July 8: PM Fumio Kishida, Cabinet ministers returning to Tokyo after Abe was shot
-Government spokesperson said Prime Minister Fumio Kishida and Cabinet ministers are returning to Tokyo after Abe was shot, reports AP.
Live News Updates July 8: Shinzo Abe shooting raises policy doubts from analysts as Yen gains
-The shooting of former Japanese Prime Minister Shinzo Abe is spurring market debate over a potential loss of support for Bank of Japan’s super easy monetary policy after an initial rush to haven assets Friday.
-The yen gained with Treasuries, with the currency rising as much as 0.5% as details filtered through about the shocking attack at a political event in the western city of Nara. Abe is seen by many as a key supporter of BOJ Governor Haruhiko Kuroda’s policy, which has weighed on the yen all year.
-Some strategists suggested the currency could extend gains -- and stocks may decline -- should the news hasten a rethink of policy at the central bank. Read More Here
Live News Updates July 8: No plan to postpone or change date for upper house election: Japan govt
-News agency Reuters reported that the Japan Internal Affairs ministry has said that there is no plan to postpone or change date for the upper house election after Abe's shooting incident.
Live News Updates July 8: US 'saddened and shocked' by shooting of Japan's former premier Abe: envoy
-The United States is "saddened and shocked" by the shooting of Japan's former prime minister Shinzo Abe, U.S. ambassador Rahm Emanuel said on Friday.
-Japan's longest-serving prime minister, Abe was taken to hospital bleeding after being shot while delivering a speech in the western city of Nara days before an upper house election, according to authorities and media.
-"Abe-san has been an outstanding leader of Japan and unwavering ally of the United States," Emanuel said in a statement.
Live News Updates July 8: Abe conscious, responsive while being transported after shooting: NHK
-Japan's Ex-PM Abe conscious and responsive while being transported after shooting, reported NHK.
-Abe, Japan's longest-serving prime minister, held office in 2006 for one year and again from 2012 to 2020, when he was forced to step down due to the debilitating bowel condition ulcerative colitis.
Live News Updates July 8: Kerala CM Pinarayi Vijayan writes to PM Modi for extending GST compensation
-In the recent GST Council meeting, States requested extension of the GST compensation time period. Wrote to Hon’ble @PMOIndia Shri. Narendra Modi ji requesting his early intervention so that compensation would be continued for 5 more years, in the interest of States' finances,'' tweeted the Kerala chief minister.
Live News Updates July 8: Shinzo Abe shows ''no vital signs'' after being shot at the campaign event: AFP
-Former Japanese prime minister Shinzo Abewas feared dead on Friday after apparently being shot at a campaign event in the Nara region, local media reported.
-Abe, 67, collapsed and was bleeding from the neck, a source from his ruling Liberal Democratic Party told the Jiji news agency. Neither the LDP nor local police were able to immediately confirm the reports.
Live News July 8: Male suspect appeared to be in his 40s, gun confiscated, reported NHK
-The man appeared to be in his 40s and a gun had been confiscated, said public broadcaster NHK, citing police sources.
-Shinzo Abe had been delivering a stump speech at an event ahead of Sunday's upper house elections when the apparent sound of gunshots were heard.
