Indian insurance companies stand to lose Rs 150-180 crore on account of the match cancellations following rains during three of the International Cricket Council's (ICC's) World Cup matches in the UK. The claims are for losses to television broadcasters who have already paid ICC for broadcast rights and have now lost on advertising revenue.

Prime Minister Narendra Modi will hold an all-party meeting today to discuss two key issues his initiative of "One Nation One Election" and the Niti Aayog's proposal of developing "aspirational districts", that involves fast-tracking a rise in socio-economic condition of 117 districts across 28 states. The government had invited the chiefs of all parties for the meeting.

The Supreme Court today sought a response from the Election Commission over a petition by the Congress seeking simultaneous elections to two Rajya Sabha seats that have fallen vacant after the BJP's Amit Shah and Smriti Irani moved to the Lok Sabha. The Election Commission has fixed July 5 for the separate Rajya Sabha by-elections to the two seats.