Business
Decline in equity continues for 5th straight sessions; Sensex, Nifty slip 1%

The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty on National Stock Exchange (NSE) extended losses from January 21 and declined sharply during early trade on Monday primarily due to sell-off by foreign institutional investors.
This is the fifth consecutive decline in sessions for the indices.
At 10.20 a.m., Sensex traded at 58,58,402 points, down 1.1 per cent or 635 points from the previous close of 59,037 points.
It opened at 59,023 points.
Nifty traded at 17,423 points, down 1.1 per cent or 193 points from the previous close of 17,617 points. It opened at 17,575 points.
Divi’s Labs, Bajaj Finance, Wipro, JSW Steel, and Tech Mahindra were some of the top losers, NSE data showed.
Top gainers during the early trade were Cipla, ONGC, Sun Pharma, ICICI Bank, and Bharti Airtel.
“The heightened tensions in the Russia-Ukraine border is a major geopolitical concern.FIIs again turning big sellers is a major headwind. Investors have to move cautiously,” said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
“An important feature of the tech sell-off is that bulk of the selling is happening in non-profitable tech stocks. This trend is impacting stocks like Zomato and Paytm in India too.”
Crime
Delhi Police arrest notorious cyber stalker in Palam

CRIME
New Delhi, July 2: A 21-year-old man was arrested in Delhi’s Palam village for allegedly harassing a college student by creating fake Instagram accounts and using artificial intelligence (AI) tools to generate objectionable content.
The accused was persistently stalking and defaming the victim, a college-going girl, through multiple fake Instagram profiles, Amit Goel, Deputy Commissioner of Police, South West District, said in a statement.
The complainant approached the Cyber Police Station, West District, on June 16, reporting that the accused was daily creating new accounts using her photographs, posting them with derogatory captions, and targeting her and her followers.
Acting on the complaint, the police registered a case under relevant sections of the Bharatiya Nyaya Sanhita (BNS).
“In view of the seriousness of the matter, a dedicated team led by SI Priyanka was formed to identify and apprehend the accused,” the statement added.
A team of PS Cyber, South-West District, arrested the notorious cyber stalker and recovered the smartphone used in the commission of the offence, the statement read.
During the investigation, it came to the fore that the accused was impersonating a female using a profile picture taken from the victim’s public Instagram account, the police said.
The police said the accused further used AI tools to convert the images into sexually explicit content and uploaded these edited pictures through fake Instagram stories.
Despite efforts to mask his identity by not linking any accounts to verifiable mobile numbers or Gmail IDs, the cyber team used advanced technical analysis to track the suspect to the Palam area of South-West Delhi. Multiple raids were conducted before he was successfully arrested.
The accused, whose identity has been withheld, confessed to the crime during interrogation, the police statement read.
Further investigation is underway.
National
Ashish Shelar Orders Timely Honorarium Disbursal And SOP Reinforcement For Senior Folk Artists

Cultural Affairs Minister Adv. Ashish Shelar on Tuesday directed the department to re-communicate instructions to all District Collectors regarding the Standard Operating Procedure (SOP) for disbursal of honorarium to senior folk artists. He also instructed that every senior artist must receive a written response to their application within the prescribed timeframe.
A review meeting was held at Mantralaya to assess the remuneration process for senior artists, during which Cultural Affairs Minister Ashish Shelar issued key directives. The application process for this year’s honorarium disbursal began today.
Noting that several complaints are received annually regarding delays and inconsistencies, the Minister instructed the Director of Cultural Affairs to ensure time-bound redressal of all grievances. He emphasized that every senior artist must receive a written response to their application within the stipulated timeframe to build trust and transparency in the system.
Minister Shelar also pointed out that the formation of remuneration committees for senior artists is still pending in many districts. In light of this, he stressed the need to re-communicate the Standard Operating Procedure (SOP) to all District Collectors to ensure uniformity and accountability in the implementation of the honorarium process across the state.
Deputy Secretary of the Cultural Affairs Department Mahesh Vavhal, Director of the Directorate of Cultural Affairs Bibhishan Chavare, Joint Director Shriram Pande, and other senior officials were present on the occasion.
National
Ravindra Chavan, Trusted Lieutenant Of Maharashtra CM Devendra Fadnavis, Appointed BJP State Unit President

Mumbai: Ravindra Chavan, known as a trusted lieutenant of Maharashtra Chief Minister Devendra Fadnavis, will take over as BJP’s state unit president on Tuesday.
The incumbent, Revenue Minister Chandrashekhar Bawankule, will hand over charge at a party conclave in Mumbai. The mantle is being handed to Chavan, whose grassroots planning ensured BJP’s impressive electoral performance in Thane and the Konkan belt, with an eye on the coming elections to the local bodies, according to party sources.
Chavan was the only candidate who filed his nomination papers on Monday at BJP state headquarters in the presence of Fadnavis, Bawankule and the party’s Maharashtra in-charge Arun Singh. Union minister Kiren Rijiju was present as the central observer.
Chavan represents Dombivali for the fourth term in the Assembly. He was a member of the Fadnavis cabinet between 2014 and 2019 and the Eknath Shinde-led government from 2022 to 2024. There was speculation of his elevation to the key party post started when he was denied a Cabinet berth after last year’s Assembly elections. He has been officiating as the working president of the state unit for the last few months.
The BJP is eyeing maximum number of municipal bodies in the Mumbai Metropolitan Region (MMR) comprising 8 municipal corporations. With the elevation of Chavan, known for his aggressive politics, BJP seems to be sending out a message to deputy CM Eknath Shinde-led Shiv Sena, which is likely to ask for lion’s share of seats for the civic polls. As an experienced leader, Chavan will shoulder his responsibilities with vigour and strength, Fadnavis asserted.
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