Justice Yashwant Varma has formally refused to step down or seek voluntary retirement following allegations of misconduct tied to a cash recovery from his residence earlier this year. In a forthright letter addressed to then Chief Justice of India Sanjiv Khanna, dated May 6, Justice Varma argued that such a decision, urged within 48 hours of receiving the investigative panel's findings, would signify a surrender to a flawed and unjust process.

Major Indian banks and global card networks, including ICICI Bank, Axis Bank, and Mastercard, are re-evaluating their partnership with DreamFolks Services Ltd—a leading aggregator of airport lounge services—following a service disruption in September 2024 that left thousands of travelers stranded at airports. The event, which affected lounge access at over 30 Indian airports, has prompted banks to explore direct collaborations with airport operators.

Hyperlocal logistics firm magicFleet, the delivery arm of commerce platform magicpin, is poised to double its monthly delivery volumes to 20 lakh by the end of FY2025–26. Within just nine months of its inception in September 2024, the platform has surpassed 10 lakh monthly deliveries and onboarded over one lakh delivery partners.

OPPO is preparing to launch its next-generation Reno 14 and Reno 14 Pro smartphones in India in early July, building on the momentum from the recently introduced Reno 13 lineup. According to industry insiders, the upcoming models will debut with upgraded performance, photography, and battery enhancements. The Reno 14 series, already available in China, is expected to be priced around Rs. 33,600 for the base variant and Rs. 42,000 for the Pro model in India.

Poco, the sub-brand of Xiaomi known for delivering flagship-grade performance at accessible price points, is gearing up to launch the Poco F7 in India on June 24. This next-generation smartphone is poised to make a bold statement in the mid-range market, priced under Rs. 35,000. The device is confirmed to feature the latest Snapdragon 8s Gen 4 chipset, up to 24GB of RAM, and robust specifications like a high-refresh OLED display, vapour cooling, and a 7,550mAh battery.

England has announced a well-rounded playing XI for the first Test against India at Headingley, scheduled to begin on June 20. Vice-captain Ollie Pope retains the No. 3 slot after a commanding return to form, holding off competition from rising star Jacob Bethell. Fast bowler Brydon Carse is set to make his home debut following a strong showing overseas and recent recovery from injury.

The Congress party has intensified its demand for a formal parliamentary debate on India’s China policy, marking the fifth anniversary of Prime Minister Narendra Modi’s controversial statement on the Galwan Valley clash. As tensions persist along the Line of Actual Control and economic dependence on Chinese imports deepens, Congress leader Jairam Ramesh criticized the government's strategic and trade responses.

Union Steel Minister H. D. Kumaraswamy has underscored the urgent need for India’s steel industry to embrace low-carbon technologies as part of a broader national commitment to sustainability and climate action. Addressing the BigMint Future Steel Conclave, he emphasized that the transition to green steel is now a necessity, not an option. With India aiming to expand its steel production capacity to 300 million tonnes by 2030, the industry is also under pressure to meet stringent decarbonisation goals, including reducing emissions to below 2.2 tonnes of CO₂ per tonne of finished product.

Ohmium International, a leading innovator in PEM hydrogen electrolysers, has appointed renewable energy veteran Markus Tacke as its new Chief Executive Officer, effective July 1, 2025. Tacke, who succeeds co-founder Arne Ballantine, brings over two decades of leadership experience from Siemens and deep expertise in global clean energy markets. The strategic leadership change comes at a pivotal time as Ohmium intensifies its international expansion, scales manufacturing capacity, and accelerates commercial deployments.

At a high-level review meeting with India’s leading fintech firms, Finance Minister Nirmala Sitharaman reaffirmed the government's unwavering support for the sector while highlighting opportunities for expansion in rural India and global markets. Speaking on the sidelines of the Digital Payments Awards 2025, she underscored the importance of leveraging India’s fintech capabilities to address both domestic challenges and international opportunities. The rapid growth of the Account Aggregator framework and increased financial inclusion were spotlighted as key milestones. With over Rs.