Trump and Xi met in Busan for their first summit since 2019, seeking a breakthrough in the US-China trade war. Talks focused on tariffs, rare earth exports, and fentanyl controls, with limited expectations for a broader security or Taiwan discussion.
Gold prices in India hit a record Rs 1,30,874 per 10 grams on Dhanteras amid festive demand and global uncertainties. Analysts expect higher jewellery sales, while trade tensions and safe-haven flows continue to drive the rally.
Donald Trump says the US will resume tariffs on countries without trade deals after July 9. He confirmed a TikTok buyout is under way, claimed Iran’s nuclear sites were obliterated, and proposed temporary immigration relief for farms and hotels facing worker shortages
Following a two-day sharp rally, the 30-share BSE benchmark Sensex slipped 165.3 points to 76,569.59 in early trade, while the NSE Nifty dropped 51.55 points to 23,277. Among the Sensex constituents, Maruti, Sun Pharma, NTPC, Tata Steel, Reliance, and Infosys emerged as the top losers.
