Web Master:
Hi Neena
The red spots indicate that your tree is suffering from a disease called Peach Curl, this is a fungal disease. Remove any infected leaves, bag them up and throw them in the bin. Spray leaves with Copper Oxychloride, always follow the instructions of the bottle, this should help solve the problem. Now is a good time to feed fruit trees so I would fertilize the tree to encourage new growth and make the tree stronger.