The ongoing Covid-19 pandemic is "nowhere near over" as the number of new cases worldwide has risen by 30 per cent in the last two weeks, the World Health Organization (WHO) has said.

I am concerned that cases of Covid-19 continue to rise -- putting further pressure on stretched health systems and health workers. I am also concerned about the increasing trend of deaths, WHO Director-General Tedros Adhanom Ghebreyesus told journalists here on Tuesday, reports Xinhua news agency.

VC firm Lightspeed on Tuesday announced that it raised $500 million for India and Southeast Asia as the firm deepens its commitment in the region.

This is part of the $7 billion that the fund house has raised.

Lightspeed joins the list of a few fund houses that have raised funds in a slowing cycle for fund raise.

The board of the country’s largest dry cell battery maker, Eveready Industries India, has been reconstituted with Burman family members and nominees being appointed to it.

In a filing with the stock exchanges, the company informed that the board had approved the appointment of Anand Chand Burman, Mohit Burman and Arjun Lamba as non-executive directors (additional directors) with effect from July 12, 2022.

Adani Group will participate in the 5G auctions through its subsidiary Adani Data Networks, The Economic Times reported.

According to the report, Adani Data Networks has also been issued a letter of intent by the telecommunications department to grant a Unified Licence with authorisation of ILD (national area), NLD (national area), and ISP-B in the Gujarat Circle.

Auto components major Bosch Ltd will invest over Rs 200 crore in India in the next five years in advanced automotive technologies and digital mobility space, its Managing Director Soumitra Bhattacharya has said.

The company is also "quietly and cautiously optimistic about having a double-digit growth in FY2022-23 over the previous fiscal year", Bhattacharya, who is also Bosch Group India President, wrote to the company's shareholders in the annual report for FY22.

The rupee weakened to a fresh low against the US dollar on Tuesday as the greenback surged to a 20-year high globally and domestic equities suffered losses, dealers said.

The rupee was Tuesday morning trading at 79.61 against the US dollar versus its close of 79.44 on Monday.

The United Nation estimated Monday that the world's population will reach 8 billion on November 15.

In a report released on World Population Day, the U.N. also said global population growth fell below 1 per cent in 2020 for the first time since 1950.

According to the latest U.N. projections, the world's population could grow to around 8.5 billion in 2030, 9.7 billion in 2050 and a peak of around 10.4 billion during the 2080s.

The Tamil Nadu government sealed the AIADMK party headquarters in Chennai following clashes between party members on Monday in the wake of the power struggle between former chief ministers Edappadi K Palaniswami and O Panneerselvam, resulting in the sealing of the party office by revenue officials.

"Due to the violence at AIADMK party office, RDO has sealed the party HQ. To avoid further law & order issues, either they or their advocates should be present before RDO office on July 25 to decide the control over party headquarter," said Chennai Police.

Telangana Chief Minister K Chandrasekhar Rao on Monday directed ministers, MLAs and officials to be on alert and be available to people in view of the forecast of heavy rains continuing for the next three days.

Rao held a meeting with ministers and officials here and spoke to others in the rain-hit areas on the situation arising out of heavy downpour in the state, an official release said Monday night.

SpiceJet on Tuesday said the complaint of alleged fraud filed by an individual against airline's Chairman Ajay Singh was "completely bogus" and a defamation suit will be filed against the complainant.

Gurugram police on Monday said an FIR has been filed against Singh, who is the Chairman and Managing Director of SpiceJet, based on a complaint by one Amit Arora for allegedly duping him on the pretext of allotting shares of the company.

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