India’s space regulator IN‑SPACe has granted Starlink a five-year authorisation (until July 2030 or end of Gen 1 constellation) to deploy its LEO satellite broadband service over India using 4,408 Starlink Gen 1 satellites . This approval clears the last major regulatory barrier, supplementing the earlier DoT GMPCS, VSAT, and ISP licenses . Next steps involve securing spectrum bands, building ground stations and gateways (including 27–30 GHz uplink and 10.7–12.7 GHz downlink) and passing security tests . With Jio and Airtel already on board for distribution partnerships, Starlink will soon roll out service aiming to expand connectivity to remote rural and urban areas alike. (PC: India Today)

Barbie has released its first doll with Type 1 diabetes to promote inclusivity and awareness. The new doll, part of the Fashionistas line, features a glucose monitor on her arm and an insulin pump on her waist. She also carries a phone with a tracking app and a pastel blue bag for medical items. Made in partnership with Breakthrough T1D, the doll helps kids see their health needs reflected in toys. Mattel plans to donate the dolls to the 2025 Children’s Congress. This follows their 2024 doll for blind children, showing Barbie’s growing focus on health and representation. (PC: @barbie/Instagram)

The First Glimpse Of Nitesh Tiwari's Epic Film Ramayana Sparked Massive Investor Excitement, Pushing Prime Focus Studios’ Market Cap Up By ₹1000 Crore Within Two Days. The Company’s Stock Rose From ₹113.47 To A Peak Of ₹176 On July 3, When The Teaser Launched, Before Settling At ₹169. The Surge Came After Approval For Issuing 462.7 Million Shares. Actor Ranbir Kapoor, Who Plays Lord Ram, Is Set To Invest ₹20 Crore In The Studio By Acquiring 1.25 Million Shares. The Film Also Stars Yash, Sai Pallavi, Sunny Deol, And Ravi Dubey, With Music By AR Rahman And Hans Zimmer. (PC: HT)

A Public Interest Litigation (PIL) was filed on July 2 by IP advocate Ganesh S. Hingemire in the Bombay High Court against Prada Group and Prada India Fashion Pvt Ltd, accusing them of unauthorised commercial use of GI‑tagged Kolhapuri chappals in their Spring/Summer 2026 “toe‑ring sandals” showcased on June 22 in Milan. The plea demands a public apology, injunction, and damages, highlighting misrepresentation, cultural misappropriation, and economic harm to Maharashtra’s artisan community. Though Prada acknowledged the sandals were “inspired by traditional Indian handcrafted footwear,” the petitioners argue the response was inadequate, lacking formal recognition to artisans, GI registry, or public. The court has yet to schedule the hearing. (PC: Pinterest)

  The Securities and Exchange Board of India (SEBI) has issued an interim ban on U.S.-based trading firm Jane Street Group, preventing its entities from trading in Indian securities. The move bans any direct or indirect dealings and instructs banks to freeze accounts unless SEBI authorizes withdrawals . The action follows a months-long probe into Jane Street’s derivatives activity—allegedly used to manipulate key benchmark indices—spanning a three-year period . SEBI also directed the firm to disgorge approximately ₹4,844 crore in illicit gains. The restrictions will remain until the investigation concludes and mandates are enforced. (PC: Getty Images)  

A new bipartisan Senate bill, S.1241, called the Sanctioning Russia Act of 2025, would impose 500% tariffs on countries such as India and China that continue buying Russian oil, gas, petroleum products or uranium, if Russia refuses peace negotiations on Ukraine. Backed by 84 co‑sponsors and endorsed by former President Trump, who reportedly gave the go‑ahead during a golf game, the measure would provide the president with discretionary “secondary tariffs”. Kremlin spokesman Dmitry Peskov dismissed the bill as “Russophobic” and urged backers to consider its potential harm to Ukraine peace efforts. The bill is expected to reach the Senate floor after August recess. (PC: The Indian Express & Business Standard)

U.S. President Donald Trump said on July 1 that “we are going to have a deal” with India featuring “much less tariffs,” as negotiations intensify ahead of a critical July 9 deadline to prevent a steep 26% tariff on Indian exports . Led by India’s chief negotiator Rajesh Agrawal and Foreign Minister S. Jaishankar, the two sides aim for an interim agreement focusing on low-hanging fruits—excluding sensitive sectors like dairy and GM crops—to ease immediate tariff pressure . The pact is expected to include tariff cuts spanning thousands of products, plus commitments by India to boost U.S. natural gas imports. (PC: Reuters)

Indian billionaire Gautam Adani’s flagship, Adani Enterprises, has filed a draft prospectus to raise ₹10 billion (≈ US $117 million) via a retail bond sale, according to stock‐exchange filings. This marks the company's second public debt issue in under a year, following an ₹8 billion issue in September 2024. The current offering includes a ₹5 billion greenshoe option. Lead managers include Nuvama Wealth, Trust Investment Advisors, and Tip Sons Consultancy. Bond terms tenor, coupon, and launch date are pending. Rating agencies Icra and CARE have assigned an AA rating to the bonds. The move reflects Adani's continued strategy to tap retail investors for financing. (PC: Mint & Skantec)

Tesla’s new car registrations in Europe plunged 27.9 % year‑on‑year in May—the fifth straight monthly decline. This occurs despite overall EV market growth of 27.2 % across the region. Tesla’s share of new‑car sales dropped from 1.8 % to just 1.2 %, even after launching a refreshed Model Y, which has yet to reverse the trend. European drivers are instead flocking to plug‑in hybrids and alternative‑fuel vehicles. Chinese EV manufacturers continue to surge, doubling market share to 5.9 % and selling 65,808 cars in May. BYD virtually matched Tesla’s European registrations last month, overtaking it in April. (PC: Euro News)

US President Donald Trump has indicated that the US is preparing a “very big” trade deal with India, stating “we have one coming up, maybe with India... we’re going to open up India” during remarks at the “Big Beautiful Event” at the White House on June 26, 2025 . His comments coincide with a senior Indian delegation led by negotiator Rajesh Agarwal visiting Washington for high-level discussions. Trump emphasized that not all countries receive the same treatment—some will face steep tariffs if no deal is reached . Earlier, Commerce Minister Piyush Goyal confirmed active efforts to forge a bilateral trade pact . With a July 9 deadline looming on reciprocal tariffs, both nations are pushing to finalize a mutually beneficial agreement soon. (PC: ET Now)