Top Headlines Today: Financial Express Online brings to you breaking news of the day as and when they happen. Here, we will keep you updated on top developments and key announcements from the world of business, finance, defence, politics, sports, entertainment, healthcare, and more. Follow this space to get instant news from India and around the world:

Relief for activist Teesta Setalvad

The Supreme Court on Saturday stayed the ‘surrender immediately’ order by the Gujarat High Court against activist Teesta Setalvad for a week. During the hearing, the top court said, ‘Question is whether heavens will fall if HC extends protection from arrest.’

Twitter outage

Twitter, the global town square, is facing some technical difficulties. Several users are complaining of outage. Instead of regular feed, the message says ‘something went wrong’.

World Cup update

West Indies will miss this year’s OI World Cup. This is for first time ever since inception of tournament in 1975 that the team will not be part of the biggest cricket extravaganza.

Russia ready for localised explosions at Zaporizhzhia nuclear power plant, claims Ukraine President

Ukrainian President Volodymyr Zelenskiy warned on Saturday that a “serious threat” remained at the Russian-occupied Zaporizhzhia nuclear power plant and said that Russia was “technically ready” to provoke a localized explosion at the facility. Zelenskiy cited Ukrainian intelligence as the source of his information. He called for greater international attention to the situation at the facility in southeastern Ukraine, which is Europe’s largest nuclear plant. (Reuters)

World’s second-largest economy attempts to curtail slowdown

China’s ruling Communist Party appointed central bank Deputy Governor Pan Gongsheng as the bank’s party secretary on Saturday, a move the Wall Street Journal said would be a prelude to becoming governor. The party’s Central Organization Department announced the decision at a meeting on Saturday afternoon, the People’s Bank of China (PBOC) said in a statement on its website. The Journal reported hours earlier that Pan would be named to the party post before being appointed by the government to head the PBOC. The appointment of Pan, who turns 60 this month, comes as expectations rise for the authorities to take steps to boost the world’s second-largest economy. A slowdown is deepening and spreading with the waning of a burst of activity following the lifting of strict COVID-19 controls. (READ MORE)

GST mop-up rises 12 pc to over Rs 1.61 lakh cr in June 

GST collections rose 12 per cent to over Rs 1.61 lakh crore in June, the Finance Ministry said on Saturday. The gross GST collection has crossed Rs 1.60 lakh crore mark for the fourth time since the roll-out of the indirect tax regime six years ago on July 1, 2017. The average monthly gross GST collection for the first (April-June) quarter of the 2021-22, 2022-23 and 2023-24 are Rs 1.10 lakh crore, Rs 1.51 lakh crore and Rs 1.69 lakh crore, respectively, the Finance Ministry said in a statement. (Read More)

Gujarat HC rejects bail plea of activist Teesta Setalvad, asks her to surrender immediately

The Gujarat High Court on Saturday rejected the regular bail plea of social activist Teesta Setalvad and directed her to surrender immediately in a case pertaining to the alleged fabrication of evidence to frame innocent people in 2002 post-Godhra riots cases. The court of Justice Nirzar Desai rejected Setalvad’s bail plea and directed her to surrender immediately as she is already out of jail after securing interim bail. (Read More)

Parliament’s Monsoon Session from July 20 to August 11

Parliament’s Monsoon Session will start on July 20 and continue till August 11, Parliamentary Affairs Minister Pralhad Joshi said on Saturday. Making the announcement, he urged political parties to contribute towards productive discussions during the session. The session is expected to be a stormy one as the Opposition parties were closing ranks to put up a united front against the Narendra Modi-led BJP in view of the Lok Sabha elections next year. (Read More)

PM Modi inaugurates 17th Indian Cooperative Congress

Prime Minister Narendra Modi inaugurated the 17th Indian Cooperative Congress at International Exhibition-cum-Convention Centre (IECC), in the national capital on Saturday morning. The PM at the event said, “Now, crores of small farmers are receiving benefits under the PM-KISAN scheme without any interference from middlemen. In the last 4 years, a direct transfer of Rs 2.5 lakh crore has been made into the bank accounts of farmers under this scheme.” (ANI)

Sebi penalises ZEEL promoter entity for disclosure lapses

Sebi has penalised Cyquator Media Services, a promoter entity of ZEE Entertainment Enterprises Ltd (ZEEL), for certain disclosure lapses. A fine of Rs 4 lakh has been imposed on Cyquator for failing to make adequate disclosures regarding certain trades in shares of ZEEL. The regulator had conducted an examination of trading in ZEEL shares by the entity to ascertain any possible violations of insider trading norms during the period from January 1 to December 26, 2019. (Read More)

BCCI announces Dream11 as new lead sponsor for Indian team

The Board of Control for Cricket in India (BCCI) on Saturday announced signing a deal with Dream11 as the lead sponsor for Team India.Dream11 replaces Byju’s whose contract ended in March this year, and has signed the deal with BCCI for a period of 3 years. Dream11 will be seen on Indian Team jerseys starting from the Test series against the West Indies, the team’s first assignment in the ICC World Test Championship 2023-25 cycle. A total of eight matches will be played in the series over a month. India will kick off the series with a two-match Test series, the first of which will be played from July 12 to 16 at the Windsor Park Sports Stadium, Dominica. (ANI)

25 bus passengers charred to death after vehicle catches fire on Samruddhi Expressway in Maharashtra

Twenty five bus passengers were charred to death after the vehicle caught fire on the Samruddhi Expressway in Maharashtra’s Buldhana district on Saturday, police said.The private travels bus was on way from Nagpur to Pune when it rammed into a divider around 1.30 am near Sindkhedraja in Buldhana district, police said.

Buldhana SP Sunil Kadasne told PTI that as per preliminary information, a bus tyre burst and the vehicle hit a pole, collided with a divider and caught fire. Of the 33 passengers in the bus, 25 were charred to death, the official said. The remaining eight passengers have been rushed to nearby hospital and are safe, he added. (Read More)