Bank of Maharashtra could raise only Rs 811 crore via infra bonds at 7.80% | News on Markets

Tata Group chairman N Chandrasekaran expressed deep sorrow following the tragic crash of an Air India Boeing 787-8 Dreamliner, which claimed 241 lives shortly after takeoff from Ahmedabad. He affirmed the group's commitment to transparency and passenger safety, pledging full cooperation with ongoing investigations and support for the victims' families during this difficult time. More Context

Apple's manufacturing partner Foxconn has shifted its focus to India, exporting 97% of its iPhone shipments to the US amid Trump's trade war with China, with shipments surpassing $4.4 billion in early 2025. Despite Trump's threats of 25% tariffs on Indian-made iPhones, Apple continues to expand its Indian operations, with expectations that Indian production will account for 25-30% of global shipments by 2025. More Context

A high-level team will commence a thorough investigation into the Air India crash. (PTI photo) Ahmedabad's Air India AI 171 flight crash resulted in the tragic loss of 244 lives, marking a significant incident involving the Boeing 787 Dreamliner, deemed one of the safest aircraft. Following the crash, a high-level investigation team will assess safety protocols, with initial findings expected in the coming weeks, amidst a backdrop of improved aviation safety in India, which has...

A Pakistani national, Muhammad Shahzeb Khan, was extradited to the U.S. for plotting an ISIS-inspired mass shooting at a Jewish community center in New York City, intended for October 7, 2024, to mark the anniversary of the 2023 Hamas attacks. His plans were uncovered through encrypted messaging communications with undercover FBI agents, leading to his arrest before he could execute the attack. More Context

The Supreme Court of India has refused to quash a POCSO case against a suspended judicial officer accused of molesting his minor daughter over four years, from 2014 to 2018. The court, finding the allegations credible based on the daughter's statement, dismissed the officer's claims that the case was a tactic by his estranged wife amid ongoing domestic violence proceedings. More Context

Gujarat's former chief minister Vijay Rupani, who viewed the number 1206 as his lucky charm, tragically died in an Air India flight crash on June 12, a date he had long associated with fortune. Remembered for his humility and community presence, Rupani's passing has left his family and Rajkot in mourning, with tributes pouring in from across the political spectrum. More Context