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Tue May 27 19:00:00 UTC 2025: Here’s a summarized news article based on the provided text:
**Economic News Roundup: From Tech Deals to Global Politics**
The Economic Times reports on a variety of business and global news items. Indian IT’s AI deal slowdown is analyzed, while high gold prices are boosting bank and borrower sentiment. India Cements is showing signs of recovery, and mid-cap stocks are highlighted for their potential upside.
Globally, Donald Trump is delaying tariff hikes on the EU until July 9th talks, and hinting at a potential breakthrough on the Iran nuclear deal. China is attempting to gain traction in financial markets with a dollar bond sale in Saudi Arabia. Huawei is launching its own OS to compete with Google and Apple. Trump’s potential changes for H-1B visas may be impacting Indian workers in the US. The implications of Adani’s US indictment on Indian overseas fundraising efforts are also examined.
In other news, Prime Minister Modi received a warm welcome in Gujarat. IMD Predicts Record-Breaking Rainfall in Mumbai for 2025.