💰️ Another extension?!

Good morning. Cristiano Ronaldo proposed to his girlfriend of eight years with a rock experts say is pushing 20 carats.

Engagement ring or dragon egg? Tough call for the average human 🥚 💍 ⁉️ 

Ruchirr Sharma & Shatakshi Sharmaa  

TABLE OF CONTENTS

• 💰️ Trump’s tariff time-out, round two

• 💉 India approves 7 minute cancer shot

• Bite-sized summaries

  • 🥑 Flipkart minutes adds gourmet range

  • 🏘️ India’s Real Estate moment 

• 🧑‍🍳 What else is cookin’?

MARKETS

🌍️ International

• US markets closed lower, snapping a short winning streak. Losses were driven by caution ahead of CPI inflation data, Trump’s tariff negotiations with China, and weak economic indicators, which weighed on investor confidence.

TARIFF

💰️ Trump’s tariff time-out, round two

Trump’s out here giving more extensions than a college professor who really doesn’t want to grade final papers.

Yesterday, just hours before tariffs on Chinese goods were set to jump back to April’s tense levels, President Trump signed an order extending the pause for another 90 days.

The backstory: In May, Washington and Beijing agreed in Geneva to hit the brakes on most tariffs for 90 days after months of escalations. The goal? Give negotiators breathing room. That truce was set to expire Tuesday night. After a round of talks in Stockholm last month, both sides… well, didn’t exactly seal a grand deal, but they avoided a blow-up.

Why it matters: Without this extension, tariffs would’ve snapped back to the elevated rates that rattled markets earlier this year, driving up prices for everything from electronics to machinery. For U.S. businesses relying on Chinese supply chains — and for consumers who enjoy affordable gadgets — that’s no small relief.

The bigger picture: This isn’t a resolution, it’s a delay. The world’s two largest economies are still haggling over trade terms, tech access, and market rules. Each extension keeps the peace a little longer, but also keeps uncertainty alive.

Because nothing says “stable trade policy” like living 90 days at a time.

Read more: Economic Times

PHARMA

💉 India approves 7 minute cancer shot

For Indian cancer patients, treatment just got a lot quicker and possibly cheaper.

The Drug Controller General’s technical committee has approved Swiss pharma giant Roche’s subcutaneous (under the skin) version of its cancer immunotherapy Tecentriq (Atezolizumab). The standard intravenous drip takes 30 to 60 minutes and requires a hospital setting. This new shot can be done in about seven minutes and potentially at a clinic or even at home.

The status quo: Until now, Indian patients on Tecentriq had to sit through lengthy IV infusions, taking up hospital resources and costing more in healthcare staff time.

What is changing: The subcutaneous shot cuts treatment time dramatically and could reduce costs by freeing up medical professionals and lowering hospital overheads. For patients balancing work, family, and treatment schedules, this is a significant quality of life improvement.

Conditions apply: Roche must still run a Phase IV trial in India to monitor safety and effectiveness in the local population. The committee granted a waiver for an earlier Phase III trial in India because global studies, including Asian patient data, showed no significant differences in how the drug works across ethnic groups.

The big picture: India joins the United States, which approved the shot last year, in adopting a faster and more flexible cancer treatment option. If successful, this could move more oncology care out of hospitals and bring lifesaving therapy closer to patients’ homes.

Read more: Economic Times

GENERAL OVERVIEW

🗞️ Bite-sized summaries

🥑 Flipkart minutes adds gourmet range - Flipkart’s quick commerce arm, Minutes, has launched a gourmet category with 650 products from 130 brands, including Samyang, Barilla, Habanero, and WickedGud. Currently available in Delhi, Mumbai, and Bangalore, the service will expand to more cities, with tier-2 markets also showing demand for premium products. The move comes amid intensifying quick commerce competition, with Amazon’s “Now” entering Delhi and new players like FirstClub targeting premium shoppers. LoveLocal is also carving a niche by focusing on fresh, high-quality goods over speed. Flipkart says the gourmet range aims to redefine convenience for modern Indian consumers seeking global flavors delivered within minutes.

🏘️ India’s Real Estate moment - India, now the world’s fourth-largest economy, is emerging as a global real estate hotspot. Powered by strong domestic consumption, rising incomes, and a young, tech-savvy workforce, demand for both commercial and residential properties is surging. Office rental yields in major cities average 8.7%, among the highest globally, drawing Japanese and other foreign investors. The “Made in India” push, ecommerce growth, and urbanisation are also fuelling industrial and housing demand. While global markets remain uncertain, India’s scale, stability, and local growth engine make it a standout—though success still hinges on navigating complex regulations and forging strong on-the-ground partnerships.

HEADLINES

🧑‍🍳 What else is cookin’?

What’s happening in India (and around the world 🌍️)

• Pakistan blocks gas, water to Indian Diplomats; India may retaliate.

• US tariffs leave a deep cut in India's diamond industry.

• India seeks transparency from China over construction of mega dam on River Brahmaputra.

• Ace footballer, Cristiano Ronaldo gets engaged to long-time girlfriend Georgina.