Financial Summary: Monday, July 28, 2025

Payment banks in India are urging the RBI to lower the statutory liquidity ratio by 10% to boost their lending capacity.

With inflation at a six-year low, economists predict possible interest rate cuts by the RBI in the upcoming Monetary Policy Committee meeting.

Swaminathan Aiyar has criticized the India-UK trade deal, stating it lacks the historical significance usually associated with such agreements.

Global stocks surged as the U.S. and EU reached a trade agreement, boosting market sentiment ahead of central bank meetings.

U.S. stock markets hit record highs following the trade deal with the EU, enhancing investor optimism.

Oil prices are rising, reflecting positive sentiment in the energy sector amid overall market optimism.

Indian markets closed lower for the third consecutive day, with the BSE Sensex dropping over 700 points amid trade deal concerns.

Gold prices fell following the U.S.-EU trade agreement, impacting investor sentiment in precious metals.

LNG stocks surged after the EU agreed to substantial energy purchases from the U.S. as part of the trade deal.

The dollar strengthened following the US-EU deal, with market attention shifting towards ongoing trade talks with China.

Despite ongoing high tariffs, Wall Street is showing signs of optimism regarding Trump's trade war, with economists noting a less dire outlook.

Stocks experienced a slight decline despite the positive sentiment from the EU trade deal, as investors await key tech earnings reports.

Concerns are rising over potential pollination issues that could impact the 2025 corn crop, raising alarms about food supply and agricultural practices.

An Illinois woman faces a staggering 1,222% increase in her property tax, jumping from $756 to over $10,000.

China's Z.ai has launched a new low-cost AI model, aiming to compete with established players like DeepSeek.

The European Union has finalized a new tariff deal aimed at enhancing trade relations with key global partners.

Former President Trump has proposed increasing the global baseline tariff to between 15% and 20%, impacting international trade.

Trump has set a new 10-12 day deadline for Russia to agree to a ceasefire in Ukraine amid ongoing tensions.

Germany and France have expressed criticism of the new EU-US trade deal, leading to a decline in the Euro's value.

Tesla's stock faces challenges amid negative news, despite securing a $16.5 billion AI deal with Samsung.

Joby Aviation's stock reaches an all-time high as positive growth forecasts attract investor interest.

Chevron's acquisition of Hess excites the energy sector, particularly among high-yield stocks.

Samsung Electronics shares rise 3.5% following a major semiconductor supply contract, boosting investor confidence.

Tata Consultancy Services announces layoffs of over 12,000 employees, leading to a decline in shares.

DoorDash appoints a former Spotify advertising head as its new Chief Revenue Officer to enhance revenue strategies.

Spirit Airlines plans to furlough 270 pilots and demote over 100 others as it prepares to cut flights post-bankruptcy.