Political Buzz Brewing
The Opposition is narrowing down its Vice Presidential candidate list, sparking political conversations. Rahul Gandhi made statements regarding the Election
Commission, promising action upon a government change. The Parliament Monsoon Session saw sparring between Mallikarjun Kharge and JP Nadda in the Rajya Sabha, highlighting the ongoing political dynamics.
Economic Hurdles Ahead
Major states voiced concerns about a potential Rs 7,000-9,000 crore annual loss due to changes in the new GST structure. There's a possibility of scrapping or reducing GST on health and term insurance to 5%. The government also scrapped import duties on cotton until September 30th, responding to US tariffs.
Diplomacy and Relations
Wang Yi's visit to India and Jaishankar's emphasis on de-escalation marked important diplomatic movements. The Palestinian Ambassador urged India to pressure Israel. A Trump aide emphasized the need for India to act as a strategic partner. Discussions around the two-state solution are also in play.
Weather and Tragedy
Heavy rainfall battered Maharashtra, resulting in seven deaths. Mumbai and three districts were placed on red alert. A ‘living lab’ initiative in Kerala offers local weather forecasts and landslide alerts. The news also reported a possible suicide of a playschool teacher in Bhiwani.
