
News18 Afternoon Digest: SC Seeks Ex-CJI Chandrachud Removal From Official Bungalow, Elon Musk Launches New Political Party & Other Stories
We are also covering: US Has Message For China In Birthday Greetings To Dalai Lama, Pune Woman's Statements Misleading, Inconsistent With FIR & other stories.
In today's News18 afternoon digest, we bring to you the latest on Elon Musk's new political party, Dalai Lama's birthday, Indian Govt Didn't Ask X To Block Reuters Account and other stories.
The Supreme Court administration formally wrote to the Union government, seeking the 'immediate vacation" of the official Chief Justice's residence and its return to the court's housing pool, citing that former CJI DY Chandrachud has stayed in the bungalow beyond the allowed timeframe. Read More
After a public fallout with his once-close friend, US President Donald Trump, Elon Musk launched a new political party in the United States to challenge what the tech billionaire described as the country's 'one-party system." Read More
The United States extended its birthday greetings to the Dalai Lama on Saturday (local time) and voiced support for the Tibetans' ability to freely choose their religious leaders 'without interference", in an apparent message to China. Read More
Dhurandhar Movie First Look: Ranveer Singh has unleashed his wrath in the first look from his upcoming film, directed by Aditya Dhar. Along with the promo, Dhurandhar's release date was also announced. While Ranveer has experimented with diverse roles throughout his career, this film seems different from anything he has done so far. Read More
Cricketer-turned-pundit David Lloyd believes Shubman Gill's takeover of India's Test batting reins from Virat Kohli is as seamless as the accession of a new ruler taking the throne after the death of the previous King or Queen. He feels the same about 'box office' Rishabh Pant taking the team to the 'next level' after MS Dhoni, saying that these signify that world-class players are not as irreplaceable as people think. Read More
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Indian Express
40 minutes ago
- Indian Express
China protests Modi's birthday greetings for Dalai Lama
India should appreciate China's sensitivities on Tibetan issues, the country said Monday as it protested over Prime Minister Narendra Modi's greetings to the Dalai Lama on his 90th birthday and the attendance of Indian ministers at the celebrations. Chinese Foreign Ministry spokesperson Mao Ning said: 'The 14th Dalai Lama is a political exile who has long engaged in anti-China separatist activities and seeks to separate Xizang from China under the cloak of religion.' China refers to Tibet as Xizang. 'India needs to be cognisant of the sensitivity of issues related to Xizang, see clearly the anti-China nature of the 14th Dalai Lama, honour the commitments India has made to China on issues related to Xizang, and stop using those issues to interfere in China's internal affairs. China has protested to India regarding its actions,' the spokesperson said.


Mint
42 minutes ago
- Mint
Tariff headlines and moving deadlines
(The opinions expressed here are those of the author, a columnist for Reuters.) Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what moved markets today and we'll take a close look at how markets are digesting the latest U.S. tariff headlines and how they reacted to Tesla CEO Elon Musk's move to reclaim political influence. I'd love to hear from you so please feel free to reach out at * US stocks fell on nervousness about Wednesday's tariff deadline, while Tesla tumbled after Elon Musk unveiled a new political party * Treasury yields rose as trade talks dragged on and investors prepared for auctions this week * Crude oil prices rose despite OPEC plan to increase supply in August * Gold weakened on the back of the firmer dollar US signals trade announcements imminent as deadline looms Tesla slides as Musk's 'America Party' heightens investor worries Tesla short sellers set to pocket about $1.4 billion in profits after stock slump Trump says will impose 25% tariffs on Japan, South Korea Tariff headlines and moving deadlines Wall Street paused its bull run to start Monday on the back foot bracing for a barrage of tariff headlines before Wednesday, which U.S. President Donald Trump set as the expiration of a postponement he declared in the wake of the April 2 "Liberation Day" meltdown. While last week's record highs for the S&P 500 and Nasdaq suggest that markets are learning to take the White House's fluid trade tactics in stride, they did pull back even more at midday after Trump said that from August 1 he will impose 25% tariffs on Japan and South Korea, two of the U.S.'s most stalwart trade allies who have yet to reach trade deals with Trump. Trump has promised to notify countries that haven't reached deals by the July 9 deadline of what their new tariffs will be as of August 1, which now becomes the next big calendar notation for investors. Treasury Secretary Scott Bessent said more trade announcements were likely by Wednesday. Monday's pullback aside, the stock market has more than recovered from the April panic, riding out numerous other potential major risks, from Trump's threats to fire Fed Chair Jerome Powell, to the U.S. bombing of Iran nuclear sites to last week's passage of the "Big Beautiful Bill" that economists predict will add trillions to the U.S. debt, any tariff revenue notwithstanding. Only the dollar remains deep underwater. Although it bounced nicely on Monday, it is off 7% against the euro since April 2, and the broader dollar index is down about 6%, while the S&P 500 is up 9.5%. The 10-year Treasury note's benchmark yield is only about 20 basis points higher than its April 2 close, having weathered global concern that the U.S. was no longer a safe place to be invested. Speaking of the "big beautiful" tax bill, Tesla CEO and former-Trump-ally- turned enemy Elon Musk declared it would bankrupt America and announced the formation of a third U.S. political party, the America Party. Investors immediately tanked Tesla shares, which also weighed on Wall Street, recalling how his stint running Trump's Department of Government Efficiency was a costly distraction from the business of making electric vehicles and rockets. What could move markets tomorrow? * No major U.S. data, Fed speakers or other events Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. Trading Day is also sent by email every weekday morning. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here.


India Today
43 minutes ago
- India Today
26/11 plotter Tahawwur Rana exposes Pakistan Army's terror links
The Election Commission's special intensive revision of electoral rolls in Bihar has sparked controversy, with opposition parties filing petitions in the Supreme Court challenging the move. The revision requires voters added since 2003 to submit proof of date and place of birth, effectively their citizenship. Opposition parties claim this targets poor, Dalit and Muslim voters and could lead to disenfranchisement. The EC maintains the revision is working smoothly, with 2.88 crore forms collected covering 37% of Bihar's voters. However, ground reports show many citizens struggling to provide the required documents. Former Election Commissioner Ashok Lavasa says while roll purification is legitimate, the timing and new procedures raise questions. The Supreme Court will hear the petitions on Thursday. Concerns have been raised about the Election Commission of India's voter registration drive. A former Election Commissioner states there are practical and conceptual issues that need clarification, such as the acceptance criteria for enumeration forms and required documents. He calls for establishing open and credible channels of communication to address doubts, though stops short of saying the EC faces a crisis. The discussion also touches on allegations by some politicians that the EC is acting as a rubber stamp for the government, which the former official suggests should not be assumed without evidence.