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President Trump hosted Prime Minister Netanyahu at the White House, discussing a potential Gaza ceasefire and hostage-release deal, while Israeli officials engaged in indirect negotiations with Hamas in Qatar. Netanyahu suggested exploring options for Gazans to relocate to neighboring countries, as the U.S. administration planned talks with Iran and aimed for a "permanent deal.
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News and Media
The Indian rupee weakened to 85.85 against the dollar due to renewed uncertainty over US tariff policies after President Trump threatened a 10% levy on BRICS nations. This announcement deteriorated market sentiment, making the rupee the third worst-performing Asian currency despite likely intervention by the Reserve Bank. Traders anticipate the rupee to fluctuate between 85.50 and 86.
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Harshvardhan Lunia resigned as Lendingkart Finance MD in June. The company awaits RBI approval for a new MD recommended by Fullerton Financial Holdings. Lendingkart reported a significant loss of 288 crore in FY25, a stark contrast to the previous year's profit. Fullerton holds a 44% stake in Lendingkart Technologies.
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News and Media
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