#FOMCMeeting bay Here's a rundown of today's top news stories:#BinanceHODLerTree
*Global News*
- *US-India Relations*: US President Trump has imposed a 25% tariff on India, sparking concerns about the impact on future trade negotiations between the two countries. Trump also announced a "deal" with Pakistan to develop its oil reserves, suggesting that Pakistan might sell oil to India someday.
- *Middle East Conflict*: Trump criticized Hamas after the UK, France, and Canada announced plans to recognize a Palestinian state, saying "You're rewarding Hamas".
- *Natural Disasters*: A massive earthquake hit Russia's Kuril Islands, triggering a tsunami scare, while Typhoon Co-may forced 278,000 people to evacuate in the Philippines ¹ ².
*India News*
- *Economy*: The government plans to roll out an employment-linked incentive scheme from August 1, aiming to boost job creation.
- *Politics*: The opposition is set to protest against the government's handling of the Bihar SIR row, while the Lok Sabha has been adjourned till 2 pm amid protests.
- *Sports*: India seeks to save the five-Test series with England, which is currently leading 2-1, with the final match set to take place at the Oval in London ² ¹.
*Business News*
- *Stock Market*: The Sensex opened over 700 points lower amid concerns about the impact of Trump's tariffs on Indian businesses.
- *Technology*: Google has unveiled Veo 3 Fast, an upgraded AI model for faster video generation, while Microsoft is rolling out a new "Smart" mode f$ETH
