"Where Facts Speak Louder."
Donald Trump intensified international trade tensions by implementing a universal 10% baseline tariff on US imports. (AI image) Stock market crash: Indian stock market indices, BSE Sensex and Nifty50, crashed on Friday amid global market turmoil triggered by growing recession concerns and new tariff declarations from US President Donald Trump. BSE Sensex and Nifty50 plunged…
In the executive order document, India’s tariff was initially specified as 27%. (AI image) Is it 27% or 26% – what’s the reciprocal tariff announced by US President Donald Trump on India? It appears that India will face a 26% tariff, and not 27% as was originally published in the White House annexure.Multiple countries preparing…
MUMBAI: Investors on Dalal Street largely discounted the US’s new tariff plans on Thursday with the sensex, after opening about 800 points lower, closed 322 points or 0.4% down. On the NSE, Nifty too took a similar trajectory and closed 82 points or 0.4% lower at 23,250 points. The day’s selling was led by foreign…
Market attention will now concentrate on the RBI’s monetary policy scheduled for April 9. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Friday following global cues. While BSE Sensex dipped below 76,000, Nifty50 was above 23,100. At 9:16 AM, BSE Sensex was trading at 75,953.43,…
MUMBAI: The rupee closed at 85.43 against the dollar, gaining seven paise from 85.50 on Wednesday. It had opened weaker at 86.75 after the US announced higher-than-expected tariffs on Indian imports.“The Indian rupee strengthened after a sluggish start, largely due to the weakening of the US dollar,” said Dilip Parmar, senior research analyst, HDFC Securities….
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, NHPC and Symphony are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for April 4, 2025:Index View: NIFTYNifty during last week on expected lines consolidated in the range of 23,000-23,800 after…
BENGALURU: US President Donald Trump’s tariff announcement sent tech stocks into a frenzy on Thursday. Stocks of Indian IT firms fell between 3% and 10% amid projections of sluggish growth and restrictive trade measures affecting some sectors that might impact overall technology expenditure. The increasing macroeconomic uncertainties are expected to affect growth prospects in FY…
India’s pharma sector has emerged as a big winner amid Trump’s tariff woes, as the US has exempted pharmaceuticals from reciprocal tariffs, recognizing the vital role of India’s generic medicines in global healthcare. This decision comes amid US President Donald Trump’s announcement of 27 percent tariffs on imports from about 60 countries, including India, in…
Raghuram Rajan (File photo) NEW DELHI: Former Reserve Bank of India (RBI) governor Raghuram Rajan on Thursday described the Trump administration’s new reciprocal tariffs on about 60 countries as a “self-goal,” and said that the move will primarily hurt the US economy in the short run. Rajan, however, mentioned that the impact on India would…
The imposition of US tariffs presents both opportunities and challenges for the Indian textile industry. (AI image) By Paresh ParekhThe United States has imposed significant tariffs on textile imports from various countries, aiming to protect domestic industries and address trade imbalances. Under the Trump administration, around 27% reciprocal tariff was levied on Indian textile imports….
