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BusinessPhoto: Firstpost World

Trade Group Says India's Scotch Probe Undermines India-UK Pact Benefits

The International Spirits and Wines Association of India (ISWAI), representing Diageo and Pernod Ricard, challenged India's exclusion of bulk Scotch imports from a reduced 75% tariff under the India-UK trade deal. The dispute risks undermining a key benefit of the pact effective July 15. Indian investigators recently searched Pernod and Diageo offices, questioning executives over the tariff classification.

Firstpost World·

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BusinessPhoto: Mint Markets

Sumeet Bagadia Recommends Eternal, Apollo Hospitals, Maruti Suzuki Stocks

Sumeet Bagadia recommended buying stocks of Eternal, Apollo Hospitals, and Maruti Suzuki amid a challenging week for the Indian stock market. Benchmark indices like Nifty 50, BSE Sensex, and Bank Nifty fell sharply due to inflation concerns and rising crude oil prices. Mid- and small-cap stocks corrected heavily, while IT sector showed resilience. Rate-sensitive sectors faced significant selling pressure.

Mint Markets·

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WorldPhoto: Deccan Herald

US Asked Musk to Alter Starlink Service in Ukraine and Middle East

US administrations under Biden and Trump repeatedly requested SpaceX to turn Starlink service on or off in countries like Ukraine, Iran, Yemen, and Lebanon. Biden's administration sought to disable Starlink to block Iranian proxy militias and enable it to support Ukraine's military. Trump's administration asked for Starlink activation in Iran to aid anti-government protesters after US-Israeli strikes in 2025 and 2026, according to former US officials.

Deccan Herald·

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PoliticsPhoto: News18

Madras High Court Grants Bail to Rajasthan Man in AI Deepfake Scam

The Madras High Court granted conditional bail to Shyabu Khan, a Rajasthan resident accused of using AI-generated deepfake videos to impersonate political leaders and scam the public. Justice N Ramesh noted Khan had been in custody for over 45 days and the core investigation was complete. The accused allegedly ran fake Facebook pages to collect funds fraudulently under the pretense of welfare registration fees.

News18·

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SciencePhoto: Hindu World

UN Agency Predicts Nuclear Power Could Triple by 2060

The International Atomic Energy Agency (IAEA) annual report states that nuclear power generation could more than triple by 2060. Rafael Grossi highlighted that growth will be driven by increased electrification, AI-powered data centers, and technology companies' demand for reliable, carbon-free energy sources.

Hindu World·

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PoliticsPhoto: DNA India

MEA Says China Deviated from Patrols, Disturbing India-China Border

The Ministry of External Affairs (MEA) responded to ITBP chief Shatrujeet Kapur's remarks about ongoing face-offs with Chinese troops in Arunachal Pradesh. MEA spokesperson Randhir Jaiswal said the border situation is disturbed when Chinese forces deviate from established patrol patterns. Both India and China continue diplomatic and military talks to resolve issues and prevent misunderstandings along the Line of Actual Control (LAC).

DNA India··Arunachal Pradesh

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