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2025-07-08 03:46:25| The Economic Times

Catastrophic flooding in Texas over the July Fourth weekend has resulted in over 100 deaths, with search-and-rescue teams continuing their efforts to find missing individuals. Camp Mystic, an all-girls summer camp, tragically lost 27 campers and counselors, and authorities are investigating potential warning failures. The disaster has prompted a federal investigation and a visit from President Trump.


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2025-07-08 03:02:51| The Economic Times

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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2025-07-08 02:43:37| The Economic Times

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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08.07Morgan Stanley initiates coverage on The Leela shares with overweight rating, Rs 549 target; stock up 5%
08.07BPCL shares can rally up to 26% on superior refining metrics, outshining HPCL, IOCL in Nomura's view
08.07Vedanta shares down 2% in 1 year but giving 7% dividend. Is it enough to buy the stock?
08.07Gold prices may tumble up to Rs 94,950/10 grams. Should you book profit?
08.07Trade tensions, not BRICS, are the bigger threat to global stability: Geoff Dennis
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