Jefferies’ Christopher Wood advises investors to buy Indian equities, anticipating Trump will back down from tariff threats, which are not in America’s interest. Wood highlights India’s recent underperformance and high valuations but notes its tendency to rebound after such periods.

Following Rahul Gandhi’s allegations of vote irregularities in Karnataka, the Congress party is considering strong actions against Chief Election Commissioner Gyanesh Kumar, who demanded an apology or affidavit from Gandhi. Opposition parties are contemplating an impeachment motion against Kumar during the Monsoon Session, accusing him of bias towards the BJP.

According to latest toll by State Disaster Management Authority, a total of 352 roads, including three national highways, are still blocked due to the ongoing weather disruptions.