Markets cheer peace hopes, inflation challenge, and SpaceX makes history

Markets rally after promise of peace, even as Trump rejects Iran’s version of a draft deal later. SpaceX debuts on Nasdaq, making Elon Musk the world’s first trillionaire. Inflation is on an uptick due to rising food and transport costs. At the same time elevated crude prices, monsoon risks and El Nino impact strengthen the case for a rate hike later this year. Also read about the defence startup Tunga Aerospace that pipped biggies with the lowest bid for a drone project. Our reporters analyse Zepto’s updated IPO documents and how fuel costs are reshaping real estate demands. Tune in for all this and more.