Welcome to Top of the Morning by Mint.. I’m Nelson John and here are today’s top stories.

Air India Crash Sparks Urgent Jet Checks

After the tragic crash of Air India Flight 171 that claimed 260 lives, India’s aviation watchdog DGCA has ordered urgent inspections of fuel switch locking systems on all Boeing 737 and 787 aircraft in the country. A preliminary probe revealed that fuel supply to both engines was cut off within a second after takeoff, with cockpit recordings capturing confusion among the pilots. The incident has cast a spotlight on a 2018 FAA advisory that was not acted upon by Air India as it was non-mandatory. Over 150 aircraft are now being inspected, with DGCA setting a July 21 deadline. The crash has reignited debate on long-ignored safety warnings in Indian aviation.

Jaishankar to China: Peace First, Progress Next

In his first visit to China since the 2020 Galwan clash, External Affairs Minister S. Jaishankar told his Chinese counterpart Wang Yi that resolving border tensions is key to rebuilding trust. “Differences must not become disputes,” he said, urging both nations to maintain momentum in de-escalation and avoid restrictive trade practices—an indirect reference to China’s export curbs on critical minerals. The talks follow the October 2024 Modi-Xi meeting in Kazan and come ahead of the Shanghai Cooperation Organisation conclave. Jaishankar underlined that stable India-China ties are vital for global stability, calling for mutual respect and far-sighted diplomacy.

MRP Reform on the Cards: No More Fake Discounts?

Why does a product tagged ₹5,000 regularly sell at ₹2,500? The government wants to know. The Centre is considering a major revamp of the MRP (Maximum Retail Price) system, with plans to link prices to actual production and marketing costs. The aim is to prevent “price illusions” and deceptive discounts. A recent meeting led by the Consumer Affairs Department explored guidelines that could ensure more transparency in retail pricing. While officials insist it’s not about price control, industry players warn that cost-plus pricing may hurt flexibility and product variety. It’s early days yet—but the move could change how India shops.

Trump’s 50-Day Threat to Russia

Donald Trump has issued a 50-day deadline to Russia: broker peace with Ukraine or face 100% tariffs and secondary sanctions on oil buyers. In a high-stakes policy shift, the former president said countries purchasing Russian oil—including China and India—could also face penalties. The announcement was made during his meeting with NATO Secretary General and caused a brief rally in Russian markets, as investors welcomed the grace period. Trump also revealed a new U.S. weapons package for Ukraine, with NATO nations footing the bill. With the ceasefire deadline looming, global eyes are now on Moscow—and its oil partners.

Maglev Mania: China’s 600 kmph Train

In just seven seconds, it rockets to 600 kmph. China’s latest Maglev train is faster than a plane, covering the Beijing-Shanghai 1,200 km route in just 150 minutes. Unveiled at the 17th Modern Railways Expo, the train levitates using magnetic fields to eliminate friction—offering a silent, ultra-fast ride. A vacuum-tube test in Hubei Province clocked the train at 404 mph in under 7 seconds. Built by state-run CRRC, it boasts a futuristic interior and aerodynamic design. The full high-speed track is expected to be completed by the end of 2025. China isn’t just advancing rail tech—it’s reimagining time.

We meet weightlifter Mummy in this episode of What's it like. A 70 year old gym going woman who can deadlift 100kgs, can do planks, leg workout, etc. What motivated her to gym at an age when most people want to retire. What's her story, what's her motivation? #weightloss #weightlifters #weightlifting #gym #exercise #workout #diet #plank #deadlift #india #fitness #abhinavtrivedi #haryana #strengthtraining #strength ‪@Weightliftermummy‬

Chartered Accountant Vijay Kumar breaks down when and how to register for GST, covering key triggers, e-commerce rules, composition scheme, and the return filing process. Essential for freelancers, startups, and small businesses navigating India’s complex GST framework. A must-watch for entrepreneurs looking to stay compliant and avoid penalties. Watch the whole episode on YouTube- https://www.youtube.com/watch?v=7CuCKAh4gUs#gst #tax #smallbusiness