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China and the US are set to resume trade talks soon, aiming to de-escalate escalating tariff tensions. This comes after US President Trump suggested a 100% tariff might not be sustainable, while also hinting at potential further levies. The discussions follow recent export controls by Beijing and mixed signals from both economic powers.

Boeing has received FAA approval to increase its 737 Max monthly production to 42 jets, up from 38. This comes after a period of slowed output due to investigations and a strike. The FAA emphasized that oversight will continue, despite restoring Boeing’s authority for final safety inspections.

US President Donald Trump has signed an order offering relief to American carmakers by extending tariff offsets on imported parts until 2030. Simultaneously, a 25% tariff is imposed on medium and heavy-duty truck parts from November 1, following a national security review. This aims to boost domestic manufacturing, though some USMCA-eligible trucks will receive preferential

Dhanteras 2025 sees Indian gold buyers facing record prices, leading to a strategic shift towards lightweight jewellery and investment products like coins and digital gold. Despite high costs, a positive buying sentiment persists, fueled by FOMO and increased disposable income from tax cuts, ensuring a robust value-driven festive season.

Stock market recommendations: Bajaj Broking Research highlights Reliance Industries and Suzlon Energy as top stock picks for October 17, 2025. The Nifty is poised for further gains, targeting 25,900 and 26,200, while Bank Nifty shows a bullish structure and aims for 58,000.

US Treasury Secretary Scott Bessent labelled a senior Chinese trade official ‘unhinged’ and a ‘wolf warrior’ for aggressive behaviour during what he claimed was an uninvited visit to Washington. China’s Commerce Ministry refuted the claims, stating the visit aimed for discussions following presidential talks.

Gold and silver have reached unprecedented levels. Investors are flocking to safe havens amid worries about US credit and escalating US-China friction. Federal Reserve rate cut expectations are also fueling this rally. Silver has surpassed its 1980 record. Palladium and platinum have also seen significant gains this week.

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday after days of strong rallying. While Nifty50 was below 25,550, BSE Sensex was down over 100 points.

Spirit Airlines is furloughing 365 pilots and downgrading 170 more in early 2026 as part of a restructuring plan. The airline aims to cut $100 million in pilot expenses and reduce its operating fleet. These measures are expected to save $211 million and are part of a broader strategy to return to profitability by 2027.