The Indian stock market paused briefly on Friday, May 16, after hitting a seven-month high, as subdued global signals and a sharp downturn in domestic tech stocks dampened investor sentiment. The Nifty 50 slipped by 42 points, or 0.17%, to finish slightly above the 25,000 level at 25,019, while the Sensex declined by 200 points,…
The Indian stock market logged its longest weekly winning streak of the year, driven by gains in index heavyweights, steady foreign inflows, and renewed optimism over the India-US trade deal. Gains were capped by profit booking over India-Pakistan geopolitical tensions after the Pahalgam terror attack. Next, investors will monitor some key market triggers in the…
Donald Trump wants deals. One way to let him have them is for countries to roll out the red carpet for his head of government efficiency. At least, that’s how New Delhi is assessing its chances of an early release from the threat of 26% reciprocal tariffs. Wooing Elon Musk to get Tesla Inc to sell…
US Vice-President J.D. Vance’s India visit has upped hopes of speedy progress on a trade deal between the two countries. He is here with his wife Usha Vance, whose parents are of Indian origin, and their children. His itinerary features the usual tourist attractions. But the significance of his tour is not lost on anyone….
The Indian stock market has skyrocketed for the last four days, paring most losses due to Trump’s tariffs. After the announcement of 90 90-day tariff pause by Trump, the Indian stock market experienced a participatory rally in all four sessions post-tariff pause announcement. In these four successive sessions, the Nifty 50 index surged from 22,399…
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open lower on Wednesday, following weakness in global markets as US tariffs woes continued to dent investor sentiment. Asian markets traded lower, while the US stock market closed in the red overnight on tariff uncertainties. On Tuesday, the Indian…
India’s policymakers should be drawing up strategies to deal with the new age of trade barriers. Instead, they seem to be looking forward to it with a certain confidence, even optimism. There is none of the concern or outrage visible in other countries that US President Donald Trump has targeted. Indeed, if anybody nourished a…
India’s government seems set to drop its 6% equalization levy on online advertising services rendered to Indian advertisers by offshore digital businesses. This so-called ‘Google tax’—since it impacted this US-based web-search company perhaps the most, though also others like Meta and X—was introduced in 2016, but is abruptly being withdrawn just days before US President…
New Delhi: India and the US plan to negotiate a mutually beneficial multi-sector Bilateral Trade Agreement (BTA) aimed at increasing market access, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday. The initiative is part of efforts to strengthen economic ties…
