Monsoons wreak havoc in Maharashtra - 159 people lose their lives, several reported missing; Sharp rise in rating upgrades reported in Apr-Jun; RIL, ICICI & ITC in focus on earnings; Ramappa temple a UNESCO heritage site 

Zomato’s Dalal Street debut eyed; Tokyo Olympics kick off; RIL to post Q1 earnings; Equity markets erase this week’s losses on Thursday; PLI scheme announced for specialty steel; 100% FDI in oil PSUs gets nod

Heavy rainfall likely in West, Central India over next 3-4 days: IMD; Delta Covid variant to become world’s dominant strain in coming months: WHO; Centre begins review of GST Law; N Chandra set for 2nd term at helm of Tata Sons

Global equities see panic selling, accompanied by migration into safe havens; Dow, crude oil, treasury yields move sharply lower; US, UK and allies say China was mastermind of several hacks, including on Microsoft Exchange

OPEC and allies agree to hike oil production, causing crude prices to cool; Reliance Retail Ventures to acquire majority stake in Just Dial; 16,000 on the cards for Nifty 50 this week despite heavy FII selling

Nifty 50 managed closing high without FII support; Rakesh Jhunjhunwalla buys 1.4% in SAIL; RBI reiterates stance that high inflation is driven by supply-side shocks, is transitory; Wipro extends IT party

Zomato IPO fully subscribed on day 1; RIL in talks to buy Just Dial; RBI bars Mastercard from adding new customers from July 22; Fed Chair Jerome Powell says easy monetary policy to continue despite spike in inflation

Zomato IPO kicks off, as anchor book gets 35x bids;

CPI Inflation at 6.26% in June;

India evacuates staff from Kandahar consulate as Afghanistan security situation worsens; Downside capped for Nifty below 15,700?; DMart Q1 earnings hit by 2nd Covid-19 wave; Strong start to trade in Asia Pacific; Italy win Euro 2021 as England wait for major title continues