News brief: Big stories of the day
Representative image. Photograph: (Reuters)
At the end of the first session of the two-day NATO summit, US President Donald Trump at a press conference said that he "believes in NATO". Addressing reporters in Brussels, the US president said the US will hold trade talks with the EU next week over trade.
US crude oil exports to India hit a record in June and so far this year are almost double last year's total as the Asian nation's refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.
India's retail inflation rose to a five-month high of 5 per cent in the month of June as compared to 4.87 per cent in May, as suggested by the data from the Central Statistics Office.The Index of Industrial Production (IIP) moderated to 3.2 percent in May as compared to 4.9 per cent in April.
The Congress on Thursday disapproved of remarks by its MP Shashi Tharoor that if the BJP is voted to power, it will pave the way for the creation of a "Hindu Pakistan", and cautioned its leaders to choose words carefully while rejecting the saffron party's "hatred".
Former Pakistan president Asif Ali Zardari is expected to appear before the Supreme Court in connection with a money laundering scam.