In Jammu and Kashmir, the Centre is reconsidering financial approvals for the Singhpora-Vailoo and Sudhmahadev-Dranga tunnel projects to enhance year-round connectivity. These projects aim to establish a safer alternative to the Jammu-Srinagar NH 44. Additionally, the Peer Ki Gali tunnel on the Mughal Road is part of a broader initiative to provide crucial all-weather routes.

Powell resists Trump pressure: Fed chair tells House panel ‘we are well positioned to wait’, says more economic clarity needed
https://timesofindia.indiatimes.com/business/international-business/powell-resists-trump-pressure-fed-chair-tells-house-panel-we-are-well-positioned-to-wait-says-more-economic-clarity-needed/articleshow/122049590.cms

Federal Reserve Chair Jerome Powell indicated the central bank's intent to hold steady on interest rates, prioritizing further economic data analysis before contemplating any reductions. This stance directly contradicts President Trump's renewed calls for immediate rate cuts. Powell is set to face potentially challenging hearings on Capitol Hill, addressing monetary policy and economic concerns amid increasing political pressure.

US stock market today: Wall street rally after announcement of Israel-Iran ceasefire, Oil prices drop sharply
https://timesofindia.indiatimes.com/business/international-business/us-stock-market-today-wall-street-nasdaq-dow-jones-sp-500-crude-oil-prices-israel-iran-ceasefire/articleshow/122050726.cms

Wall Street experienced a surge, nearing record highs, driven by optimism surrounding a ceasefire between Israel and Iran. The announcement triggered a drop in oil prices and a broad rally across sectors, particularly benefiting travel, crypto, and tech stocks. Despite calls for rate cuts, the Federal Reserve maintained a cautious stance, citing the economy's strength.

Indian EB-5 investors take USCIS to court over ‘unlawful’ denial of application
https://timesofindia.indiatimes.com/business/international-business/indian-eb-5-investors-take-uscis-to-court-over-unlawful-denial-of-application/articleshow/122051832.cms

Rupee posts biggest single-day gain in five years: Currency jumps 73 paise to 86.05 vs dollar, as oil slides on Iran-Israel ceasefire
https://timesofindia.indiatimes.com/business/india-business/rupee-posts-biggest-single-day-gain-in-five-years-currency-jumps-73-paise-to-86-05-vs-dollar-as-oil-slides-on-iran-israel-ceasefire/articleshow/122051951.cms

The Indian rupee surged, marking its largest single-day gain in nearly five years, closing at 86.05 against the US dollar. This rebound was fueled by a significant drop in global crude oil prices and easing geopolitical tensions in West Asia. A weaker dollar and positive performance in domestic equities further bolstered the rupee.

KPIT Technologies: This stock has surged remarkably since hitting its 52-week low in April; should you invest?
https://timesofindia.indiatimes.com/business/india-business/kpit-technologies-this-stock-has-surged-remarkably-since-hitting-its-52-week-low-in-april-should-you-invest/articleshow/122052203.cms

KPIT Technologies shares have rebounded strongly, increasing 36% since April 2025 after hitting a 52-week low. The stock is showing bullish signals, including a range breakout and potential Cup and Handle pattern formation. Experts suggest a buy with a target of Rs 1,520, advising a stop loss below Rs 1,370.

No longer chasing the brick-and-mortar stores business in India: Walmart
https://timesofindia.indiatimes.com/business/india-business/no-longer-chasing-the-brick-and-mortar-stores-business-in-india-walmart/articleshow/122055993.cms

FM Sitharaman: India not a tariff king, rates lower than approved
https://timesofindia.indiatimes.com/business/india-business/fm-sitharaman-india-not-a-tariff-king-rates-lower-than-approved/articleshow/122056022.cms