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That's all for today, readers. Thanks for staying on with our coverage of the day's action. Your enthusiasm encourages us to better our coverage every day. Do come back tomorrow for more news, views and insights.
Prime Minister Narendra Modi is chairing a high-level meeting on the security situation in Jammu and Kashmir in which a decision on extending the ceasefire could be taken, officials said, according to a PTI report.
The meeting is being attended by Home Minister Rajnath Singh, National Security Advisor Ajit Doval, and senior officials of intelligence and security agencies, they said.
The meeting is crucial as a call on extending the unilateral ceasefire post Ramzan, which ends today, can be taken during it, they said.
Real Madrid star Cristiano Ronaldo has agreed to pay the Spanish taxman 18.8 million euro ($20 million) to settle a tax fraud claim, a legal source said Friday, PTI has reported.
The deal between the fiscal authorities and the advisors of the star comes hours before Ronaldo's Portugal face Spain in the World Cup in Russia.
The agreement still has to be ratified and will likely come with a two-year jail term -- although sentences of up to two years are not generally served in Spain, the report added.
The former Manchester United player, who is at the World Cup on the back of a third straight Champions League title with Real, appeared in court last July at Pozuelo de Alarcon, Madrid, to answer four counts of tax evasion.
The voice of Stephen Hawking was beamed into space with a message of peace and hope on Friday as the British physicist, who gained international acclaim for his work on black holes, was laid to rest during a service at London's Westminster Abbey, Reuters has reported.
Hawking, who died in March aged 76 after a lifetime spent probing the origins of the universe, suffered from motor neurone disease which forced him to use an electronic voice synthesiser.
The dollar slipped against its global peers today as the US slapped new tariffs on Chinese goods, reviving the markets' fears of a trade war, dealers said.
The greenback's weakness gave the euro some breathing space after a slump in the currency sparked by the European Central Bank's promise that interest rates will remain low for at least another year.
Trump today announced tariffs of 25 percent targeting USD 50 billion (43 billion euros) in Chinese imports from "industrially significant" technologies, making good on a pledge to punish the alleged theft of American intellectual property. He also warned of "additional tariffs" should China retaliate.
The move also triggered profit-taking in European stock markets, a day after they benefited handsomely from the ECB's accommodating policy stance. Wall Street was also weaker at the opening bell. (PTI)
The rupee today crumbled below the key 68-mark to end at a fresh three-week low of Rs 68.01 against the US currency after the country's trade deficit widened more than expected amid renewed global trade war fears.
Panic dollar buying sent the home currency to a low of Rs 68.04 in day trade before settling the week at Rs 68.01 per dollar, down by 39 paise or 0.58 percent. This is the lowest closing for the rupee since May 24.
The gross premium of non-life insurers increased by 9.6 per cent to Rs 10,515.91 crore in May from the same month a year ago, according to the IRDAI data.
The non-life insurance firms had recorded gross written premium of Rs 9,597.84 crore in May 2017.
Of the 33 firms, 25 are general insurers, six are standalone private players and two are specialised public sector undertaking insurers, PTI has reported.
The 25 general insurers wrote a collective premium of Rs 9,744.85 crore in May this year, up by 8 per cent from Rs 9,022.46 crore a year ago same month.
Markets regulator Sebi today imposed a total penalty of Rs 7 lakh on two entities for violating disclosure norms while dealing in the shares of Le Waterina Resort and Hotels, PTI has reported.
Through separate orders, the Securities and Exchange Board of India (Sebi) slapped fines of Rs 5 lakh and Rs 2 lakh on Maitru Agro Marketing Pvt Ltd and Sangam Agro Agencies Pvt Ltd, respectively.
The regulator had conducted an investigation in the shares of Le Waterina Resort and Hotels Ltd during the period from October 1, 2010 to March 5, 2012.
Maitru had bought and sold shares of Le Waterina Resort and Hotels on December 16, 2010 and February 4, September 21 and October 24 in 2011, while Sangam had picked up and disposed of the scrips on September 16, 2011 and February 27, 2012.
China will impose equal tariffs on US imports in retaliation, its commerce ministry has said according to news agency AFP. China has also called on other nations to take 'collective action' against US’ tariff move.
BJP MP from Godda Nishikant Dubey today said he will foot the legal expenses of the persons arrested in connection with the lynching of two Muslims here on suspicion of cattle theft on Wednesday, according to a PTI report.
Dubey alleged that the tribals were arrested in connection with the June 13 incident due to pressure from the Congress and demanded a CBI probe in the case.
"The arrests were made under pressure from the opposition parties. The Congress on one hand says tribals can't murder and on the other it had got arrested the tribals. How four persons can be identified when a thousand people gathered (during the incident)?" Dubey told PTI.
"I will foot the legal expenses of the arrested persons from lower court to the Supreme Court," he said, adding he wanted a CBI probe.
Two Muslims were beaten to death in Bankati village by enraged residents of neighbouring tribal dominated Dullu village who suspected them and three others of stealing their buffaloes.
As questions over the longevity of the Congress-JD(S) coalition government in Karnataka lingered, Chief Minister HD Kumaraswamy today said no one can 'touch' him at least till the 2019 Lok Sabha polls are over, PTI has reported.
"This coalition government will function with stability. I know, no one can touch me for one year. I will be there at least for one year, until the Lok Sabha election is over. Until then, no one can do anything to me,” he said.
Addressing an event here, Kumaraswamy said he would not remain silent during the period that he has got and would focus on taking decisions for the benefit of the state.
The Trump administration has announced tariffs on $50 billion worth of Chinese imports, escalating trade dispute, The Associated Press has reported.
