Ahead of Trump-Xi call: US President says ‘very close’ to trade deal; claims ‘relationship with China very good’

President Trump is scheduled to speak with Xi Jinping to advance trade discussions and address the TikTok situation, aiming to finalize a deal involving American investors. Despite past accusations of conspiracy, Trump maintains a positive relationship with China. The leaders will also seek common ground on tariffs, as a temporary tariff-reduction deal is set to…

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Adani Power tops India’s private thermal sector: Morgan Stanley report gives ‘overweight’ rating; earnings set to triple by 2033

Adani Power Limited (APL) has emerged as India’s largest private coal-based power producer with 18,150 MW capacity across 12 plants. Morgan Stanley projects APL’s market share to reach 15% by FY32, driven by successful turnaround of stressed assets and strategic acquisitions. The company’s financial health has improved significantly, with net debt-to-EBITDA declining sharply.

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‘If they put sanctions on China …’: Trump asked about UK PM & Russian oil; terms tariffs on India a ‘big step’

Donald Trump is advocating for Europe to impose sanctions on China, believing it would halt the Ukraine war due to China’s significant purchase of Russian oil. He highlighted his administration’s tariff measures, including a 50% tariff on India. Despite his previous hopes and efforts to mediate, Trump expressed disappointment with Vladimir Putin’s failure to deliver…

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‘India & China are ancient civilisations’: Russia slams Trump tariffs; warns threat won’t work

Russia’s Foreign Minister Sergei Lavrov criticised US tariff threats against India and China, emphasizing their resilience as “ancient civilizations.” He noted these nations are seeking new markets and energy sources due to American pressure. Despite tensions and tariff hikes, India and the US are in trade talks, while India and China assert their independence, backed…

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