LIVE news updates: AAP's Gopal Italia wins Visavadar bypoll, BJP bags Kadi seat

Today's news updates: Catch all the news developments from around the world here

9:34 PM

Brigade Enterprises looks for long-term buyer, greenfield growth opportunities

Bengaluru-based Brigade Enterprises has willingly refrained from offering 10:90 payment plans, subvention schemes or even large discounts on bulk bookings to prevent encouraging speculative buyers, so as to save itself from getting caught in the cyclical trend that typically realty market goes through every few years, its Managing Director (MD) Pavitra Shankar said.

8:47 PM

Adani plans Rs 57,000 cr capex in Navi Mumbai airport, project gets AERA interim tariff nod

The Adani Group is planning to invest Rs 57,333 crore in capital expenditure in Navi Mumbai International Airport Pvt Ltd (NMIAL) by 2029-30 (FY30), according to its recent submission to the Airports Economic Regulatory Authority (AERA). Following that filing, which was reviewed by Business Standard, AERA issued an ad-hoc tariff order, dated June 20, for the airport. The group intends to develop two passenger terminals, dual runways, a multi-modal transport hub, cargo terminals, and metro connectivity as part of the first three of five development phases for this greenfield airport project.

7:37 PM

Yield on AAA rated PSU bonds breaches 7% as long term rates continue to harden

Yields on 10-year AAA-rated public sector undertaking (PSU) bonds in India's corporate bond primary market exceeded the 7 per cent threshold on Monday - after a gap of three months – as long term rates continue to rise. Notably, REC Limited raised Rs. 2,865 crore through 10-year bonds at a coupon rate of 7.06 per cent. Additionally, the company secured Rs. 4,000 crore via 2-year bonds at a 6.60 per cent coupon rate. “REC’s 10-year issuance today saw a cut-off of 7.06 per cent confirming the firming yield trend. Despite the upward movement, limited fresh supply of 10-year bonds and sustained investor demand in REC bond have helped keep the coupon levels orderly,” said Venkatakrishnan Srinivasan, founder and managing partner of Rockfort Fincap LLP.

7:10 PM

Estee Advisors join MF licence queue with eye on SIFs

Estee Advisors, a Gurugram-based investment manager which offers quant-based investment products in the portfolio management services (PMS) and alternative space, has applied for a mutual fund (MF) licence. The company said that given its experience in managing derivative-based and long-only investment products on the PMS side, it will look to launch MF products on both the segments — regular MFs and the newly-introduced specialised investment funds (SIFs).

6:53 PM

MMRDA to develop Dharavi as multi-modal transit hub

The Mumbai Metropolitan Region Development Authority (MMRDA) has been appointed as the nodal agency by the government of Maharashtra to develop the Dharavi Multi-Modal Transit Hub (MMTH). The state-owned agency has been appointed for conceptualising and developing the MMTH, as per a government resolution dated June 18th.

6:16 PM

India's outward FDI commitments dips to $2.83 billion in May

India’s outward foreign direct investment (FDI) commitments declined to $2.83 billion in May 2025, from $3.09 billion in May 2024.  Sequentially, the fall was much steeper from $5.98 billion in April 2025, according to data from the Reserve Bank of India (RBI). Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans, and guarantees.

6:15 PM

Govt may tweak SEZ rules to facilitate sale in DTA

The commerce department and the finance ministry are currently engaged in consultation to allow the sale of products manufactured in Special Economic Zones (SEZs) to the domestic market on a ‘duty foregone basis’ on raw materials, instead of the finished product, a person aware of the matter said.

 

5:50 PM

High oil prices not always bad for markets: Analysts

High oil prices do not always dampen market sentiment in India, shows data. From a low of $62.78 on May 30, Brent crude oil prices have surged 23 per cent to a high of nearly $77 per barrel (bbl) amid geopolitical tensions. Despite this, the BSE Sensex, amid volatility, has managed a gain of 0.6 per cent during this period, according to data.

5:20 PM

SIP closures reveal divergent trends among B30 direct, regular plan investors

The systematic investment plan (SIP) data for the first five months of 2025 highlights distinct investor behaviour based on location and investment mode. In smaller towns and rural areas, referred to as B-30 in mutual fund terminology, SIP closures in direct plans were 2.6 times higher than in regular plans, despite regular plans having a larger account base. Mutual funds offer two variants: direct plans, which are commission-free and accessed through online platforms, and regular plans, which include commissions and are sold by banks or distributors.

4:53 PM

Power cuts affect parts of Tehran

According to Iranian state media, there have been “temporary electricity outages” in some parts of the capital.

4:47 PM

Israeli military confirms it hit roads around Iran's Fordo enrichment facility

The US had attacked Fordo over the weekend, using large "bunker busting" bombs to hit the underground site.

4:40 PM

Israel attacked Fordo nuclear facility, say Iranian media report

Iranian authorities say Israel has attacked the Fordo nuclear site, according to reports in local media.

 

4:36 PM

Putin condemns Tehran strikes as 'unprovoked aggression' during meeting with Iran's FM

Discussions are currently taking place between President Vladimir Putin and Iranian Foreign Minister Abbas Araghchi. “Absolutely unprovoked aggression against Iran has no grounds and no justification,” says Russia’s president in opening remarks.

 

4:27 PM

Not going to Rajya Sabha: Kejriwal after MP Sanjeev Arora wins Ludhiana West assembly bypoll

Former Delhi chief minister Arvind Kejriwal on Monday said he would not go to the Rajya Sabha, after the party's sitting Upper House member Sanjeev Arora won the Ludhiana West bypoll in Punjab. Arora will have to resign from the Rajya Sabha. "Many times I have been sent to the Rajya Sabha. I want to tell you I am not going to the Rajya Sabha. The political affairs committee of the party will decide whom to nominate," Kejriwal told reporters.

4:04 PM

TMC leader Alifa Ahmed wins Bengal's Kailganj bypoll

Trinamool Congress’ candidate Alifa Ahmed secured victory in the Kaliganj Assembly bypoll by a  margin of 49,755 over her BJP rival Ashish Ghosh. Ahmed bagged 102,759 votes while Ashish Ghosh got 52,710.

3:51 PM

Israel says it's hitting Iranian govt targets, including Evin Prison in Tehran

Israel's Defence Ministry says Israel is now striking Iranian government targets in Tehran, including the notorious Evin Prison in the Iranian capital. Other targets include the security headquarters of the paramilitary Revolutionary Guards, the city's Palestine Square, and the paramilitary Basij volunteer corps building, which is a part of the Revolutionary guard.

3:39 PM

Suspected Israeli strike targets Evin prison entrance in Tehran

Iranian state television reported on Monday that a suspected Israeli airstrike struck the entrance gate of Tehran’s Evin prison, a facility known for detaining dual nationals and Western citizens often used by Iran in diplomatic negotiations. Local media suggested the attack may have been carried out using a drone and shared what appeared to be black-and-white surveillance footage of the incident. Israel has not yet confirmed or responded to reports of the strike.

3:12 PM

People rejected both BJP and Congress in bypolls: Arvind Kejriwal

AAP National Convener Arvind Kejriwal on Monday said people are fed up with the BJP in Gujarat and stressed that people had rejected both Congress and BJP in the bypolls. AAP leader Gopal Italia won the Visavadar seat, while BJP's Rajendra Chavda bagged the Kadi seat on Monday, as counting for bypolls to the two constituencies in Gujarat concluded, officials said.

3:03 PM

Bypolls update: AAP's Gopal Italia secures Visavadar seat

AAP leader Gopal Italia has bagged the Gujarat's Visavadar seat by over 17,554 votes, defeating BJP's Kirit Patel. 

2:45 PM

Bypolls results: AAP's Sanjeev Arora wins Ludhiana West seat

AAP's Sanjeev Arora has secured victory in the Ludhiana West seat by defeating Congress's Bharat Bhushan Ashu by more than 10,000 votes.

2:39 PM

Head of UN nuclear watchdog says 'very significant damage' is expected at Iran's Fordo facility

This development comes days after US struck three of Iran’s nuclear facilities, escalating tensions in West Asia

1:56 PM

Gujarat Kadi bypoll result: BJP's Rajendra Chavda registers huge win

BJP candidate Rajendra Chavda has won the Kadi Assembly bypolls by a margin 39,452 votes. He defeated the Congress's Ramesh Chavda by securing 99,742 votes.

1:37 PM

This victory is against Left government: UDF's Aryadan Shoukath

"This victory is really against the state government. I already said that there is an anti-incumbency. For the past years, Nilambur has been suffering from negligence by the state government. This victory is against Left government," says UDF leader Aryadan Shoukath after winning the Nilambur bypoll.

1:20 PM

Gujarat bypolls: AAP takes big lead in Visavadar

After the completion of 18 out of the total 21 rounds of counting, AAP's former Gujarat President Gopal Italia was leading over his nearest rival in Visavadar by 14,073 votes.

1:03 PM

UDF’s Aryadan Shoukath wins Nilambur bypoll

The Opposition UDF on Monday won the Nilambur Assembly byelection. Aryadan Shoukath, the Congress-led UDF candidate, had taken a decisive lead over M Swaraj of the ruling CPI(M). Shoukath is the son of the late Congress stalwart Aryadan Muhammed, while Swaraj is a state secretariat member of the CPI(M).

12:35 PM

TMC leads by over 19,000 votes in Kaliganj bypoll

The Trinamool Congress was leading by over 19,000 votes in the by-election to the Kaliganj assembly seat in West Bengal's Nadia district even as counting was underway on Monday. After seven rounds of counting, TMC candidate Alifa Ahamed secured 32,308 votes, while her nearest rival, Congress candidate Kabil Uddin Shaikh, backed by the CPI(M), bagged 13,144 votes. 

12:21 PM

Ludhiana West bypoll: AAP's Sanjeev Arora leads with over 14,000 votes

AAP candidate Sanjeev Arora was leading with a margin of 2,286 votes against his nearest rival and Congress nominee Bharat Bhushan Ashu from the Ludhiana West assembly seat in Punjab on Monday, according to the Election Commission website. After six of the 14 rounds of counting, Arora had polled 14,486 votes and Ashu 12,200 votes. Though Arora maintained the overall lead, Ashu led the fourth, fifth and sixth rounds of counting.

 

11:41 AM

Congress candidate Shoukath leads in Nilambur bypoll as counting progresses

As the counting of votes progressed on Monday in the high-stakes Nilambur byelection in this north Kerala district, opposition Congress-led UDF candidate Aryadan Shoukath steadily increased his lead against the ruling CPI(M)-led LDF candidate M Swaraj.

11:28 AM

Don't politicise anti-Naxal ops, conduct them in transparent manner: Sachin Pilot

Senior Congress leader Sachin Pilot on Monday said the anti-Naxal operations should be carried out effectively in a transparent manner and the exercise should not be politicised. The Congress in-charge for Chhattisgarh was talking to reporters at the Swami Vivekananda Airport in Raipur, after arriving here for a two-day visit during which he will chair a series of meetings with the party leaders.

11:08 AM

Pakistan to convene National Security Committee meeting following US strikes on Iran

The Pakistani government will convene an emergency session of its top security body, the National Security Committee (NSC), on Monday to assess the regional situation following US airstrikes on three Iranian nuclear sites. The NSC, the country’s highest platform for security discussions, is chaired by the prime minister.