In India, the Nifty 50 plunged over 5% in four days post tariff announcement, while the India Volatility Index (VIX) shot up 65.7% to 22.8 on 7 April —its sharpest single-day spike since 2007. Though US President Donald Trump partially rolled back tariffs on 9 April, offering a 90-day pause for most nations (excluding China)…
US President Donald Trump has declared war against the world to ‘Make America Great Again.’ Its ‘reciprocal tariffs,’ currently paused till early July, have been imposed on all countries that treat the US ‘unfairly’ according to Trump. These include a 49% tariff on imports from Cambodia and 37% on those from Bangladesh, countries whose per…
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a flat note on Wednesday, following mixed cues from global markets. Asian markets traded mixed, while the US stock market ended mostly higher overnight, ahead of the US reciprocal tariffs announcements. On Tuesday, the Indian stock market…
The Indian stock market closed the 2024-25 (FY25) financial year with gains after logging sharp gains in March driven by foreign capital inflow, final phases of profit booking, and improving domestic economic indicators. Next, investors will monitor key market triggers in the first week of the new fiscal (FY26). Donald Trump‘s reciprocal tariff announcements, foreign…
Reciprocal tariffs could initiate a transformative shift toward a fairer, universal tariff system, one that is capable of revitalizing domestic manufacturing. Trump plans to start the new tariffs on April 2, though exactly how they will work is still under discussion. U.S. tariffs are among the lowest in the world. The new plan is expected…
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…
