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PRESIDENT TRUMP SIGNS EXECUTIVE ORDERS ON DRONES, FLYING CARS, AND SUPERSONICS


→ US and China have finalized a trade deal after talks in London, with President Trump announcing the agreement is "done," pending final approval from President Xi. → As part of the pact, China will expedite rare earth shipments to the US, while Washington will ease some export controls and allow Chinese students to study in American universities. → Trump highlighted a tariff structure favoring the US (55% vs. China's 10%) and called the relationship between both nations "excellent," saying it marks a major win for both sides.


Vilas Transcore set to triple capacity, eyes ₹1,000 Cr revenue by FY27 🚀🔧 #PowerSector #MakeInIndia

*Teerth Gopicon Ltd FY25 earnings call highlights Rs. 2000 Cr order book, BG legal issue with MP JNM, and payment delays impacting revenue.*

→ The Cabinet has approved two railway multitracking projects worth ₹6,405 crore across Jharkhand, Karnataka, and Andhra Pradesh, adding 318 km to the network and improving freight movement. → These projects will ease congestion, enhance travel reliability, and improve logistics efficiency, especially in key coal and mineral transport zones like Koderma–Barkakana and Ballari–Chikjajur. → With this, the CCEA has cleared five major rail infrastructure initiatives in a year, aiming to enhance connectivity to 1,408 villages and enable additional freight capacity of 49 MT annually.


→ Following the government's 10% import duty cut on crude edible oils on May 30, companies have begun lowering prices, with retail rates expected to drop by 5–7% in the coming weeks. → Major brands like Dhara and others have already reduced selling prices, while the edible oil industry confirms that price adjustments are underway and will soon reflect in MRPs. → India imports 57% of its edible oil needs (around 25 MT annually) from countries like Malaysia, Indonesia, Argentina, Brazil, Russia, and Ukraine, and firms are expected to pass on the cost benefits after exhausting high-cost inventory.


→ Lemon Tree Hotels has signed a new upscale property — Lemon Tree Premier, Mhow in Madhya Pradesh, to be managed by its subsidiary Carnation Hotels Private Limited. → The property will offer 72 rooms, a restaurant, banquet, meeting room, spa, swimming pool, and other amenities for both leisure and business travelers. → Strategically located, it is 30 km from Indore Airport and 29 km from Indore Railway Station, with convenient road connectivity.

🚨 BREAKING 🚨 🇺🇸 US CPI DATA CAME IN AT 2.4% EXPECTATIONS: 2.5%