More Today's Headlines
Landslide at Wayanad Tunnel Project Site Causes Multiple Deaths and Ongoing Rescue
A major landslide struck the Kalladi area near Meppady in Kerala's Wayanad district on July 7, 2026, at the site of the under-construction Anakkompoyil-Meppadi tunnel project connecting Malappuram and Wayanad. The incident, triggered by heavy monsoon rains and the collapse of accumulated excavated soil, resulted in at least four deaths, several injuries, and multiple people missing. Rescue operations involving local authorities, NDRF, and residents are ongoing amid challenging weather and terrain. Officials, including Kerala's Chief Minister and Agriculture Minister, have described the event as a "man-made disaster" due to unscientific soil dumping and lapses in safety protocols. Nearby houses and vehicles were also affected, and evacuations have been ordered as authorities assess the damage and continue search efforts.
Weekly Performance Overview of Major Indian Stocks as of July 7, 2026
Major Indian stocks showed mixed weekly performance as of July 7, 2026. HDFC Bank and IndusInd Bank reported strong gains, while HDFC Life and Axis Bank experienced declines. Technology firms like Infosys and HCL Tech posted modest increases, whereas Tech Mahindra and Wipro saw negative returns. Energy and industrial stocks such as ONGC and JSW Steel recorded slight gains. Market capitalization and price-to-earnings ratios varied widely across sectors, reflecting diverse investor sentiment and sectoral dynamics.
Multiple Tankers Hit by Projectiles Near Strait of Hormuz Amid US-Iran Tensions
On July 6-7, 2026, three commercial tankers were struck by projectiles, including missiles and drones, near the Strait of Hormuz off Oman's coast, causing fires and structural damage but no casualties or environmental harm, according to the UK Maritime Trade Operations (UKMTO) and US officials. The US attributed the attacks to Iran's Islamic Revolutionary Guard Corps, which Iran has neither confirmed nor denied, while Iranian media suggested some vessels ignored Tehran's navigation warnings. The incidents followed the expiration of a US-Iran ceasefire agreement and have heightened regional tensions amid stalled diplomatic talks.



