Business

US stock markets experienced a slight downturn following President Trump’s announcement of new tariffs on EU and Mexico goods, sparking trade tension concerns. Despite this, major indexes remained near record highs as investors anticipated potential negotiations before the August 1 deadline. Meanwhile, investors are shifting focus to earnings season, with key banks set to report…

India-US trade deal: An Indian delegation is in Washington D.C. to finalize an interim trade deal with the US. The US is reportedly considering a tariff rate below 20%, signaling progress towards a mutually beneficial agreement, with both nations targeting $500 billion in bilateral trade by 2030.

India’s retail inflation, measured by the Consumer Price Index (CPI), plummeted to a 6-year low of 2.10% in June 2025, a significant drop from 2.82% in May. This decline is primarily attributed to positive base effects and reduced inflation across key food categories.

Malaysia has placed immediate restrictions on the movement of high-performance AI chips from the US. This is to prevent unauthorized rerouting to countries like China. All movements of US-origin AI chips now need a permit. This move follows concerns about transshipment of chips via Malaysia. Malaysia is investigating reports of Chinese firms circumventing US export…

The Union Ministry of Road Transport and Highways will change its approach. It will collaborate with states to set flexible targets for infrastructure projects. States can now choose projects based on their priorities and approvals. This aims to speed up project completion and avoid delays. The center has set targets for highway construction and asset…

Silver prices soared to an unprecedented Rs 1,14,875 per kg in futures trading, fueled by robust global cues and a weakening US dollar. Simultaneously, gold futures also experienced gains, climbing to Rs 98,138 per 10 grams amid strong spot market demand.

US-based quant trading firm Jane Street is seeking to lift trading restrictions imposed by SEBI after depositing ₹4,843.58 crore in an escrow account. SEBI alleges Jane Street manipulated India’s derivatives market, accumulating ₹36,500 crore in profits through orchestrated price inflation and subsequent liquidation of Nifty Bank component stocks and futures.

India-US trade deal: India is hesitant to open its dairy and agriculture sectors to the US as part of the trade deal, fearing significant losses for its dairy farmers. An SBI analysis suggests potential annual losses of Rs 1.03 lakh crore if the sector is opened to US imports.

Stock market recommendations: Motilal Oswal Financial Services recommends Suzlon and Glenmark Pharma as top stock picks for the week starting July 14, 2025. Suzlon anticipates healthy order inflows, potentially reaching 6.5GW by FY26, benefiting from favorable policy changes and strategic initiatives.