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SpaceX IPO Makes Elon Musk World's First Trillionaire at $75B Raise

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Iran Nuclear Deal Nearly Final as Vance Set to Sign Pact in Europe
- US and Iran finalising nuclear deal with VP Vance expected to sign the agreement in Europe soon
- Trump called off Iran military strikes hours after threatening to seize control of its oil industry
- A successful deal could ease Strait of Hormuz tensions and bring crude oil prices lower globally

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India GDP Growth to Slow to 6.6% in FY27 Amid Global Headwinds
- India GDP growth to slow to 6.6% in FY27 from a strong 7.7% recorded in FY26 last year.
- Inflation projected at 5.3% in FY27 due to Strait of Hormuz disruptions hurting consumption
- Rupee seen at 95.1 vs dollar this year with depreciation helping exports offset trade shock