Trump says Japan deal reached with tariff rate set at 15%

“I just signed the largest trade deal in history — I think maybe the largest deal in history — with Japan,” Trump said at an event at the White House on Tuesday after announcing the deal on social media. Trump said on Truth Social that the pact calls for Japan to “open their Country” to…

Bahrain Golden Visa vs UAE: How Indians can choose the right Gulf path

Bahrain’s 10-year Golden Residency Visa offers a lower-cost, flexible alternative to the UAE’s, with options for professionals, retirees, and property investors   Dubai’s Golden Visa is often the most talked-about long-term residency route in the Gulf. But Bahrain, in 2022, rolled out its own version — the Bahrain Golden Residency Visa — as part of…

India’s inflation cools to 2.1% in June, extending slide to more than 6-year lows

  Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten growth. India’s economy rose by a faster-than-expected 7.4% in the quarter ended March. India’s consumer inflation continued to ease in June, hitting a lower-than-expected 2.10%, government data showed on Monday. The…

Bitcoin crosses $1,21,000 mark to breach all-time high; crypto token up 29% this year

Bitcoin surpassed the $1,21,000 milestone for the first time today, on July 14, trading at $1,20,893.86, and marking a 29 per cent increase for the world’s largest cryptocurrency this year. Bitcoin surged past the $1,21,000 milestone for the first time ever on Monday, July 14, building on the sharp rally witnessed so far this year.…

Precious metal funds inflows at all-time high in June; experts favour blended approach

Gold and Silver ETFs rise in June: Experts see continued traction in precious metal ETFs, as investors look to diversify beyond traditional equity and fixed income in an increasingly complex macro environment The strong inflows into precious metal ETFs in June can be attributed to a combination of macroeconomic and market-driven factors. Net investments into…

Agriculture, dairy remain sticking points in India-US trade deal

Agriculture and dairy have emerged as key hurdles in clinching the India-US trade deal, with New Delhi firm on protecting its sensitive sectors. The ball now lies in Washington’s court as both sides weigh concessions amid looming tariff deadlines.   Agriculture and dairy are understood to be the main sticking points in the proposed trade…

No prepayment penalty on business loans: RBI’s big relief for individuals and small enterprises

RBI has barred banks and NBFCs from levying pre-payment penalties on floating rate loans to individuals and MSEs for business use, effective January 1, 2026. Mumbai, Jul 2 (PTI): The Reserve Bank of India (RBI) on Wednesday instructed banks and other financial institutions not to levy any pre-payment charges on all floating rate loans and…

Steel stocks rise up to 3.7% as Chinese mills curb production

Margins of Indian steel makers had been under risk earlier this year when Chinese steel companies dumped cheap steel in the domestic market amid higher tariffs on China Stocks of steel companies surged in July 2 session with Tata Steel, JSW Steel, Jindal Steel and Steel Authority of India rising up to 3.6%. Nifty Metal…

India’s economy resilient amidst global uncertainties: RBI Bulletin

The global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geopolitical tensions, said an article in the RBI’s June Bulletin   Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, the Reserve Bank…