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CRPF analysis indicates police action against protesters followed standard operating procedures. Non-lethal means like pellet guns were authorized for crowd dispersal. Force gradient was followed, with lower measures failing before pump action guns. Protesters and personnel sustained injuries during the July 20 incident. The matter is now sub judice before the Supreme Court. View More

Insha Mushtaq lost her sight to pellet guns during 2016 Kashmir unrest. She now pursues education and a government job despite her visual impairment. Recent protests in Delhi have reopened old wounds for her. Pellet guns, introduced as non-lethal, caused hundreds of eye injuries in Kashmir. Her story highlights the lasting impact of these weapons on individuals. View More

Coca-Cola said demand for its drinks rose in every market in the second quarter, helped in part by the World Cup. View More

In this articleKOFollow your favorite stocksCREATE FREE ACCOUNT watch nowVIDEO6:1106:11Coca-Cola CEO Henrique Braun: We are 'very pleased' with how we showed up at the FIFA World CupSquawk on the Street Coca-Cola on Tuesday reported quarterly earnings and revenue that topped Wall Street's estimates, fueled by higher demand for its drinks, thanks in part to the World Cup."We had, during the World Cup, really a great opportunity for us to shine our brands," CEO Henrique Braun said on CNBC's "Squawk on the Street" on Tuesday. "During the hydration breaks, Powerade was there."The company also hiked its full-year forecast. Coke is now projecting comparable earnings per share growth of 9% to 10%, up from its prior forecast of 8% to 9%. It also expects organic revenue to increase about 5%, on the high end of its earlier range of 4% to 5%.Shares of Coke rose more than 7% in morning trading, hitting a record high.Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:Adjusted earnings per share: 97 cents, vs. expected 93 centsRevenue: $13.38 billion, vs. $13.16 billion expected Coke reported second-quarter net income of $4.43 billion, or $1.03 per share, up from $3.81 billion, or 89 cents per share, a year earlier.Excluding asset impairments, restructuring costs and other items, the company earned 97 cents per share.Net sales rose 7% to $13.38 billion. Coke's organic revenue, which excludes acquisitions, divestitures and currency fluctuations, jumped 6% in the quarter.The company's global unit case volume increased 5%, and every one of its reporting segments saw volume growth. The metric strips out pricing to reflect demand more accurately.The consumer environment is "dynamic," CEO Henrique Braun said in a statement. The comment followed rival PepsiCo saying that shoppers' budgets tightened in the second quarter, leading to weaker sales in the U.S. for its snacks and drinks. Global oil prices have swung dramatically due to the U.S. war with Iran, leading many consumers to temper their spending. In Coke's home market, the national average gas price hit a four-year high of $4.56 per gallon in late May."The economy is strong in many places, yet many consumers face inflationary pressures, geopolitical uncertainty and economic challenges," Braun said on the company's earnings conference call. "They are evaluating how they shop, what they value and what they want to put in their basket."But Coke's results do not show consumers cutting back. Even in North America, volume grew 3% in the quarter.The company credited its global World Cup campaign with driving higher demand. Two drinks in particular, its namesake soda and Powerade, saw higher volumes that the company attributed, in part, to the tournament's marketing. Coke volume increased 5% — the drink's biggest quarterly jump in 17 years, excluding the pandemic — and Powerade volume climbed 8% in the quarter.Coke's water, sports, coffee and tea segment was the top performer this quarter, with volume growth of 6%. Out of those four categories, all but coffee saw their volume increase during the quarter. Coke is staging a turnaround of its Costa Coffee business, and the chain's locations saw same-store sales growth this quarter, Braun told CNBC's Sara Eisen. The company reportedly tried to sell Costa last year under Braun's predecessor James Quincey, but scrapped those plans after underwhelming bids. Coke completed its $4.9 billion acquisition of Costa in 2019.Coke's sparkling soft drinks segment reported volume growth of 4%, helped in part by the lift in demand for its namesake soda and its line extensions. Coca-Cola Zero Sugar saw volume climbed 16%, while Diet Coke, or Coca-Cola Light as it is known in some markets, reported volume growth of 7%. Additionally, the relaunch of Mr. Pibb, with 30% more caffeine, led the drink brand's volume to climb 20% in the quarter, according to Braun.Coke's juice, value-added dairy and plant-based beverage division saw volume growth of 2%. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Here are five key things investors need to know to start the trading day. View More

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Tuesday. With another decline yesterday, SpaceX has now relinquished the equivalent of Tesla's entire market valuation. Yes, you read that correctly.Nasdaq-100 futures are falling this morning as chipmakers weigh on the index for a second straight day. The S&P 500 finished yesterday's session near flat.Here are five key things investors need to know to start the trading day: 1. On the move Kelly Ortberg, chief executive officer of Boeing Co., during a media event at the Boeing Delivery Center in Seattle, Washington, US, on Wednesday, Jan. 7, 2026. M. Scott Brauer | Bloomberg | Getty Images Transportation industry investors have a lot to analyze this morning. Boeing, JetBlue and UPS all reported quarterly results before the bell, kicking off what's slated to be one of the busiest earnings weeks of the season.Here's a recap:Boeing posted a wider-than-expected quarterly loss as costs tied to its delayed Air Force One program offset higher revenue and aircraft deliveries. The stock is up more than 1% before the bell.Shares of UPS are also higher after the company beat expectations on the top and bottom lines. The delivery giant raised its full-year outlook as its turnaround strategy gained momentum.JetBlue, meanwhile, posted a smaller-than-expected loss for the second quarter a day after the airline overhauled its fare choices.Tune into CNBC today for interviews with the CEOs of all three companies. Catch Boeing's Kelly Ortberg at 9:05 a.m. ET, UPS's Carol Tomé at 10 a.m. ET and JetBlue's Joanna Geraghty at 2:15 p.m. Watch live on CNBC or CNBC+.Plus: Keep an eye out for Ford's earnings report after the bell. 2. Downstream Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on July 27, 2026. Angela Weiss | Afp | Getty Images Brent oil posted its biggest daily drop in more than three months yesterday, ending the session below the $90 per barrel mark. Monday's slide marked a reversal from oil's recent surge as investors cheered the pause in fighting between the U.S. and Iran. But the decline in crude prices didn't spark a broad market rally: While the Dow Jones Industrial Average jumped more than 250 points, the Nasdaq Composite was pulled into the red by struggling semiconductor stocks. Chip names including Micron, Marvell and Advanced Micro Devices are weighing down the tech-heavy index again this morning. Follow live market updates here. 3. Earnings pop This view shows bottles of regular Coca-Cola soda displayed for sale on shelves at a Walmart store in Mexico City on October 27, 2025. Yuri Cortez | Afp | Getty Images Shares of Coca-Cola are up more than 3% this morning after the company beat Wall Street's quarterly expectations and raised its full-year earnings outlook. The beverage giant said its results were boosted by resilient demand, which was driven in part by its global World Cup campaign. As CNBC's Amelia Lucas notes, Coke continues to outperform rival PepsiCo in North America: The company reported 3% volume growth in the continent even as high gas prices pressure consumers' wallets.Coca-Cola CEO Henrique Braun will sit down with CNBC's Sara Eisen this morning "Squawk on the Street." Watch the interview live from Coca-Cola's home city of Atlanta at 10 a.m. ET. Get Morning Squawk directly in your inboxCNBC's Morning Squawk recaps the biggest stories investors should know before the stock market opens, every weekday morning.Subscribe here to get access today. 4. House tour WASHINGTON, DC - JANUARY 21: OpenAI CEO Sam Altman appears during a news conference with U.S. President Donald Trump in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons of Jan. 6 defendants, the war in Ukraine, cryptocurrencies and other topics. (Photo by Andrew Harnik/Getty Images)Andrew Harnik | Getty Images News | Getty Images OpenAI CEO Sam Altman heads to Washington, D.C. this week to preview his company's forthcoming family of artificial intelligence models in meetings with White House officials, lawmakers and economists. A source familiar with the plans said Altman will also take questions about cybersecurity — a hot topic following OpenAI's "unprecedented cyber incident" disclosed earlier this month — as well as OpenAI's position on open-weight models. As CNBC's Ashley Capoot and Kate Rooney report, his visit comes as Silicon Valley and Washington debate whether to restrict Chinese open-weight models.Nvidia CEO Jensen Huang is also slated to meet with lawmakers in the nation's capital this week to talk about open models and America's AI leadership. 5. Garden variety Taylor Farms bagged salad mixes for sale at a grocery store in Hercules, California, US, on Friday, July 17, 2026. David Paul Morris | Bloomberg | Getty Images The cyclospora outbreak has already left thousands of Americans sick. Consolidation in the food chain could be partly to blame.As CNBC's Brandon Gomez reports, decades of mergers and acquisitions within farming, processing and distribution have made it more likely for a single contamination to grow into a national problem, according to experts. While consolidation alone may not directly lead to outbreaks like this one, food safety experts said it can intensify the impact when one does occur. To be sure, some say that larger producers can be better because they often have higher-grade safety systems and a better ability to trace a product. But these companies also face broader recalls when a contamination is reported. The Daily Dividend Apple surpassed Nvidia yesterday to become the world's largest company by market cap. Here's a look at their battle for the top spot: (function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})(); — CNBC's Leslie Josephs, Laya Neelakandan, Michael Wayland, Lee Ying Shan, Liz Napolitano, Amelia Lucas, Ashley Capoot, Kate Rooney, Brandon Gomez and Kif Leswing contributed to this report.Luke Fountain assisted in the production of this newsletter. Josephine Rozzelle edited this edition. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Odisha, India's largest iron ore-producing state, has stepped up quality-control inspections after authorities found instances of miners allegedly misrepresenting ore grades to reduce royalty payments, a move that could temporarily disrupt domestic supplies and exports to China, Bloomberg News reported. View More

Odisha has intensified scrutiny of iron ore quality assessments following allegations that some mining companies understated ore grades to pay lower royalties, Bloomberg News reported, citing a government document and people familiar with the matter. According to a July 6 memo seen by Bloomberg News, the state's Directorate of Mines and Geology directed local mining officials to explain lapses in verifying ore grades after inspections uncovered repeated instances of alleged misrepresentation or falsification. Officials were given three days to respond or face disciplinary action. Also Read: Jindal Steel wins auction for another Odisha iron ore mine with 38-mn-tonne reserves The directive covers major mining regions, including Joda, Koira and Keonjhar, and names mines leased to companies such as JSW Steel , Tata Steel , ArcelorMittal Nippon Steel India, Steel Authority of India (SAIL), Jindal Steel and state-owned Odisha Mining Corporation among those flagged for alleged misreporting, Bloomberg News reported, citing the notification. The Odisha government did not respond to Bloomberg News' requests for comment on the document or its contents. Representatives of the companies also did not respond to requests seeking comment, the report said. Live Events The crackdown could affect both domestic supplies and exports, particularly shipments of lower-grade iron ore to China. While India contributes only around 2% of China's total iron ore imports, it accounts for a much larger share of the lower-grade ore used by Chinese steelmakers to cut production costs, Bloomberg News reported, citing commodity intelligence firm BigMint. Excluding iron ore pellets, nearly 90% of Odisha's low-grade iron ore exports are shipped to China, according to BigMint, as cited by Bloomberg News. The tighter enforcement has already prompted some mine operators to withhold fresh sales, tightening spot market availability and leading to a build-up of inventories at mine sites over recent weeks, BigMint told Bloomberg News. Also Read: Odisha's critical mineral sector to hit USD 20 bn mark by 2032: Study "The current crackdown appears focused on strengthening compliance and revenue collection rather than restricting production," Isha Chaudhary, a director at Wood Mackenzie, told Bloomberg News. However, "tighter inspections could cause short-term logistical delays and influence the reported grade mix reaching the market," she said, adding that any impact on supplies would likely be temporary as miners adjust to the stricter compliance regime. Under India's royalty framework, iron ore royalties are levied at 15% of the average sale price. Lower-grade ore containing less than 55% iron attracts lower royalty payments than higher-grade ore with iron content of 65% or more. The renewed enforcement follows concerns raised by the Comptroller and Auditor General (CAG) of India, which estimated in a March report that Odisha lost about Rs 4,160 crore ($436 million) in royalty revenue during FY21 and FY22 due to the undervaluation of iron ore, Bloomberg News reported. The audit also flagged an abnormal decline in reported ore grades at six mines, including three leased to JSW Steel , according to the report cited by Bloomberg News. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)

The report noted that India remains one of the relative beneficiaries of the new US tariff regime overall. View More

Indian textile and apparel exporters could lose some of their competitive edge in the US market despite India being placed in a relatively favourable tariff bracket under the new US Section 301 measures, as competing countries have secured tariff-rate quota (TRQ) exemptions, according to an Emkay Research report. The report said India has been subjected to a 10 per cent Section 301 tariff, lower than the 12.5 per cent imposed on countries such as China, Vietnam, Brazil and Thailand. However, it noted that Indian textile exporters did not receive TRQ exemptions that were extended to several competing nations. "Indian textile and apparel exports have not received tariff-rate quota (TRQ) exemptions under the Section 301 tariffs, which were awarded to the likes of Bangladesh, Cambodia, Indonesia, and Malaysia," the report said. It added that the exemptions apply to specified volumes of textile and apparel imports made using US-origin cotton and fibre. "Hence, while the tariff burden remains at 10%, there will be a relative loss of competitiveness for Indian textile exporters vs key competitors," Emkay said. Live Events The report noted that India remains one of the relative beneficiaries of the new US tariff regime overall. It estimated India's effective tariff rate in the US at around 12 per cent, lower than Bangladesh at around 25 per cent, China at around 22 per cent, and Vietnam and Indonesia at around 14 per cent each. According to the report, nearly 55 per cent of India's exports to the US will attract the additional 10 per cent tariff, while the remaining 45 per cent are either exempt, including products such as generic pharmaceuticals and smartphones, or are already covered under separate Section 232 tariffs applicable to sectors such as steel, aluminium and auto parts. Emkay said India's exports to the US have already shown a marked recovery after the earlier IEEPA tariffs were struck down earlier this year. "India's exports to the US saw a marked improvement after the IEEPA tariffs were ruled unlawful... India's monthly exports to the US have averaged USD 8.4bn in the four months since, vs USD 6.5bn in the prior six months," the report said. The brokerage expects the new Section 301 tariffs to have only a limited impact on India's overall export trajectory in the near term, with the country's relatively lower tariff rate potentially offering marginal benefits over some competing exporters. However, it cautioned that further Section 301 investigations by the US into excess manufacturing capacity could result in additional tariffs on India. "In this context, ongoing negotiations on the India-US bilateral trade deal will be crucial to ensure a lower tariff rate and preferential access for Indian exports in the US market," the report said. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now!

CRPF DG assures ‘professional assessment’ of RAF’s action View More

In a rare occurrence, Modi's government was forced to concede demands of Gen Z protesters, underscoring their rising influence in the country's polity. View More

Protesters raise slogans, hold placards and wave Indian flags during a gathering organized by supporters of the Cockroach Janta Party after the resignation of Education Minister Dharmendra Pradhan over exam paper leaks, in Mumbai, India, on July 26, 2026. (Photo by Indranil Aditya/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty Images Prime Minister Narendra Modi's government caved under the pressure of student protests across India — a rarity in the current administration — underscoring the rising influence of Gen Zs in the world's largest democracy.On Saturday, India's education minister Dharmendra Pradhan resigned, a key demand of the student protesters who were voicing concerns over examination test paper leaks. The government also agreed to the other demands of the Cockroach Janta Party, the youth movement at the helm of the protest, such as providing compensation to the families of students who died by suicide due to the exam paper leak in May.The protests that got amplified on social media, pushed 75-year-old Modi to make his first reel on Instagram as he looks to develop his presence on the platform in his bid to connect with the younger generation of voters. In his latest reel on Sunday, Modi promised a "HIGH POWERED TASK FORCE" led by Indian tech entrepreneur Nandan Nilekani to oversee examination reforms. The protests exposed a growing disconnect between the Modi government and younger Indians, a generation that will dominate the electorate for decades to come, experts said."It's very striking to see the rhetoric and the language from these protesters," Michael Kugelman, senior fellow for the South Asian region at the Atlantic Council, told "Inside India" on Monday. The protesters were "witheringly critical" and "profane at times toward Modi and his government," he said, adding that it was surprising given the popularity of the Modi government. Disconnect with young voters Experts highlighted that in 2027, there are several major state elections, including for Uttar Pradesh, India's most populous state with one of the largest youth voter bases. By 2029, in time for the next general election, Gen Zs will be the most "influential demographic," and all political parties will emphasize addressing their priorities. "Don't make me a hero because of Dharmendra Pradhan's resignation," Abhijeet Dipke, founder of the CJP said in a speech on Saturday, adding that the "country has been ruined because of making one person a hero," in a veiled reference to the prime minister. For much of the last decade, economic aspirations have been the driving factor for Modi's electoral appeal, experts said, but added that many young people feel the promise has not materialized amid rising unemployment and lack of upward mobility. NEW DELHI, INDIA - JULY 25: CJP (Cockroach janta Party) founder Abhijeet Dipke announces the resignation of Indian Education Minister Dharmendra Pradhan while addressing supporters at Jantar Mantar on July 25, 2026 in New Delhi, India. A mix of protesters gathered in New Delhi on Monday as discontent bubbled over myriad issues, and as Sonam Wangchuk, an activist who was fasting in protest, was forcibly taken to hospital on Sunday. Opposition leader Rahul Gandhi was detained on Tuesday among others, as the movement continues well into the week. (Photo by Ritesh Shukla/Getty Images)Ritesh Shukla | Getty Images News | Getty Images The CJP was launched on May 16 by political communications strategist and Boston University student Dipke, after Chief Justice of India Surya Kant referred to people attacking institutions as "parasites" and likened some unemployed youngsters and activists to "cockroaches" during a courtroom hearing. The CJI later said his oral observations were "misquoted," but the CJP had already gone viral on social media, amassing more than 22 million followers in a short span. The CJP called for a protest on June 6, demanding the resignation of Pradhan, blaming him for the exam paper leaks that happened in May. But the demonstration gained momentum on July 20 after Delhi Police violently cracked down against students as they breached security barricades surrounding the protest site to march towards the parliament. Galvanizing protests The political impact of the student protest on the Modi government could potentially be significant, Arpit Chaturvedi, South Asia advisor at Teneo, told CNBC.The CJP movement suggests that the Modi government's "political and developmental narrative may not resonate as strongly with the next generation of voters," and challenges the "perception of the government's political invincibility," Chaturvedi said. watch nowVIDEO3:4503:45CJP's victory will have 'galvanizing effect' on other civil groups: ExpertInside India As per local media reports, the CJP's successful protest has already inspired a copycat group, E20 Janta Party, seeking the resignation of India's Road Transport and Highways minister Nitin Gadkari over the mandate of mixing 20% ethanol with petrol. Indian farmers are also planning a protest to raise their concerns against the U.S.-India trade deal.The success of the CJP protest is going to have a "galvanizing effect" on other civil society campaigns, said Kugelman of the Atlantic Council. The last time the Modi government had to concede to the demands of protestors was in 2021, following demonstrations held by farmers that lasted for over a year. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Rhetan TMT Ltd shares fell after nearing a 52-week high despite receiving BIS certification to manufacture high-grade TMT bars. This approval expands their market to government projects and enhances their product portfolio, positioning the company for growth amid rising steel demand in India. View More

India secured an advantage in United States tariffs due to ongoing trade negotiations. A significant portion of Indian exports remain exempt from the recent additional levies. This allows key sectors like pharmaceuticals and smartphones to maintain their market access. View More

(Bloomberg) --India said trade negotiations with the US have helped place it in the “lower tier” of additional tariffs imposed by President Donald Trump’s administration, allowing the country to secure an advantage for key exports. A large portion of India’s exports to the US, including generic pharmaceuticals and smartphones, continue to be exempt from the additional 10% levy imposed last week, the Ministry of Commerce and Industry said in a statement dated Saturday. It added that it’s working towards the early conclusion of a bilateral trade agreement . Products such as steel, aluminium and auto parts are also not subject to the extra 10% duty, the ministry said, with the exemptions taking an estimated 45% of India’s exports to the US outside the scope of the additional levies. “The remaining 55% of exports will attract the additional 10% duty, where India’s tariff incidence is comparatively lower than that for most other economies covered by the investigation,” the statement read. The government’s remarks come even as Trump’s plan to impose steep tariffs on generic medicines has unsettled Indian drugmakers and put the spotlight on their strategy in their biggest export market. Live Events The two countries have been locked in negotiations over a trade deal since last year. While an initial trade agreement was reached in February with an 18% duty on Indian goods, a US Supreme Court order shortly after invalidated Trump’s reciprocal tariffs. This month, India defended itself against the threats of higher US tariffs, arguing that Washington failed to provide evidence the country lacked policies preventing forced labor. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now!