Savings Effect

The Trump-Xi summit ended without major breakthroughs on Taiwan, trade, Iran or technology access, underscoring the continuing divergences between Washington and Beijing despite softer optics and renewed engagement.

A foreign brokerage projects India's current account deficit to widen to 2.3% of GDP in FY27 from 0.9% in FY26, with the balance of payments deficit nearly doubling to $65 billion.

| Fuel prices are rising after a 4-year pause as higher global crude prices and the Hormuz blockade intensify pressure on oil companies and govt finances. With inflation risks building and global central banks turning cautious, the RBI’s June policy meeting faces a more complex backdrop.

The Delhi HC has told Apple to "fully cooperate" with investigators in an ​antitrust case related to the iPhone apps market, ​not agreeing with the U.S. company's request to ‌put the case on hold while it challenges the law governing antitrust penalties. The High Court said in an order posted on its website on Saturday that Apple "shall fully cooperate", but it asked the Competition Commission of India (CCI) to not pass a final order in the matter until at least July 15.