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A major Bay of Bengal search-and-rescue operation is underway after Panama-flagged bulk carrier MV Ocean Winner sank about 240 nautical miles off Odisha’s Paradip coast, leaving 22 of 24 crew members missing. The vessel was carrying iron ore from India to Singapore. Representative image.

MV Ocean Winner sinks off Odisha as 22 crew remain missing in Bay of Bengal

US-Canada trade tensions intensified after last-minute negotiations collapsed, triggering 50% US tariffs on roughly C$28 billion of Canadian goods and a pledge of equivalent retaliation from Prime Minister Mark Carney. Representative image.

US-Canada trade deal falls apart at the deadline as 50% tariffs revive economic confrontation

Three-year Bar rule reduced as Supreme Court creates new Civil Judge recruitment pathway

Telangana pharma factory explosion kills two workers and leaves two critically burned

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Technology Industry News

Vonex (ASX: VN8) agrees to 3.60c MaxoTel scheme; Swoop (ASX: SWP) backs deal for A$6.17m exit

Vonex shareholders are set to receive a premium in MaxoTel’s 3.60c takeover bid. Find out why Swoop is exiting with $6.17M and what it means for the sector.

byPallavi Madhiraju

July 5, 2025

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