India and Singapore convened the Joint Working Group on Trade & Investment in New Delhi, aiming to strengthen economic ties and explore new collaborative ventures. Discussions encompassed expanding trade, aligning priority sectors, enhancing logistics, and simplifying regulations. Singapore is India’s largest ASEAN trading partner, with bilateral trade reaching $34.26 billion in 2024-25, and a significant source of FDI. Post navigation US 30-year mortgage rate falls to 6.58%, lowest since October, homebuyers get relief US retail sales up 0.5% in July as shoppers shrug off Trump tariffs; auto, online, furniture lead gains
