10 news headlines for July 5, 2023 - Current Affairs

Here are 10 news headlines for July 5, 2023, with a brief summary and source:

1. India Rejects China's Belt and Roads Initiative

India has refused to sign the paragraph supporting the Belt and Roads Initiative (BRI) in the New Delhi declaration issued at the end of the Shanghai Cooperation Organisation (SCO) leaders' summit. The BRI is a Chinese-led infrastructure development project that has been criticized by some countries for its debt-trap diplomacy.

Source: The Indian Express

2. Khalistani Radicals Set Indian Consulate in San Francisco on Fire

Khalistani radicals set fire to the Indian Consulate in San Francisco on July 4, 2023. The fire was quickly extinguished and no injuries were reported. The incident is being investigated by the FBI.

Source: The Times of India

3. NIA Arrests Zubair and 3 Others for Running ISIS Module in Maharashtra

The National Investigation Agency (NIA) has arrested Zubair Ahmed, a journalist and co-founder of Alt News, and three others for running an ISIS module in Maharashtra. The accused are accused of spreading propaganda for ISIS and recruiting members for the terrorist group.

Source: The Hindu

4. Anil Ambani's Wife Tina Ambani Appears Before ED Officials in Foreign Exchange Violation Case

Tina Ambani, the wife of billionaire Anil Ambani, has appeared before Enforcement Directorate (ED) officials in connection with a foreign exchange violation case. The ED is probing allegations that the Ambanis used shell companies to route funds abroad.

Source: NDTV

5. Hyderabad Braces for Heavy Rainfall Today Following IMD Forecasts

The Indian Meteorological Department (IMD) has forecast heavy rainfall in Hyderabad and other parts of Telangana today. The IMD has issued a yellow alert for Hyderabad, warning of heavy to very heavy rainfall at isolated places.

Source: The Hindu

6. RIL, Airtel, Vodafone Shares Fall up to 2% after Jio Bharat Phone Launch

Shares of Reliance Industries (RIL), Bharti Airtel, and Vodafone Idea fell up to 2% in early trade on July 5, 2023, after Reliance Jio announced the launch of its new affordable smartphone, Jio Bharat phone. The Jio Bharat phone is priced at Rs. 1,499 and comes with a 4G VoLTE feature.

Source: The Economic Times

7. Senco Gold IPO Day 1: Issue Subscribed 69%; retail portion fully booked

The initial public offering (IPO) of Senco Gold was subscribed 69% on Day 1. The issue received bids for 4.72 crore shares against the total offer size of 7 crore shares. The retail portion of the IPO was fully subscribed.

Source: Business Standard

8. Taking Stock: Sensex zooms for sixth straight day to end near 65,500

The Sensex ended at 65,456.72, up 275.16 points or 0.42%, while the Nifty closed at 16,629.90, up 91.30 points or 0.55%. The Sensex has now gained for six consecutive sessions.

Source: Moneycontrol

9. Winning bidder unfit, govt calls off privatisation of Pawan Hans

The government has called off the privatisation of Pawan Hans after the winning bidder, Star9 Mobility, was found to be ineligible. Star9 Mobility is a consortium of five companies, including SpiceJet, AAR Group, and Capricorn Group.

Source: The Economic Times

10. Kia Seltos Facelift officially revealed: Bookings to open on 14th July 2023

Kia has officially revealed the facelifted Seltos SUV. The new Seltos gets a number of changes, including a new front grille, revised headlights and taillights, and a new interior. Bookings for the new Seltos will open on July 14, 2023.

Source: Carandbike