[ad_1] Technology stocks plunged on Thursday after President Donald Trump’s new tariff policies triggered widespread market panic.Apple led the sharp decline among the “Magnificent Seven” tech stocks, dropping nearly 9%. The iPhone maker, which manufactures many of its devices in China and other Asian countries, is on track for its biggest drop since 2020, according…
[ad_1] NEW DELHI: The government will sell up to 4.83 per cent stake in Mazagon Dock Shipbuilders at a floor price of Rs 2,525 per share. “Offer for Sale in Mazagon Dock Shipbuilders Limited (MDL) opens tomorrow for Non-Retail investors. Retail investors can bid on Monday. Government will divest 2.83% equity with an additional 2%…
[ad_1] 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…
[ad_1] Wall Street and global markets took a sharp downturn Thursday following US President Donald Trump’s announcement of new tariffs on imports from around the world, stoking fears of an escalating trade war and rising recession risks, news agency AP reported. Futures for the S&P 500 plunged 3.4%, while Dow Jones Industrial Average futures dropped…
[ad_1] AI generated image (Representative ) Industry leaders in India have expressed that the 27 percent reciprocal tariffs announced by US President Donald Trump will lead to a significant reshaping of global trade and manufacturing supply chains, although the impact on India’s resilient economy is expected to be marginal. Industry bodies emphasized that the full…
[ad_1] Trump’s tariffs on Indian products would have a restricted impact on crucial agricultural exports. India may sustain or potentially increase its agricultural exports to the United States, despite US President Donald Trump’s new reciprocal tariff implementation, according to distinguished agricultural economist Ashok Gulati.The Trump administration’s 26 per cent “discounted reciprocal tariff” on Indian products…
[ad_1] The US market represents 30% of Indian pharmaceutical exports. (AI image) US President Donald Trump has provided significant relief to India’s pharmaceutical sector by excluding pharmaceuticals from the new reciprocal tariffs regulation on Thursday.“Some goods will not be subject to the Reciprocal Tariff. These include: (1) articles subject to 50 USC 1702(b); (2) steel/aluminum…
[ad_1] The US tariffs present an opportunity for India to enhance its global trade and manufacturing position. In a sweeping move on April 2, 2025, US President Trump announced a comprehensive new tariff framework aimed at reducing America’s trade deficit and bolstering domestic manufacturing. Dubbed the “Reciprocal Tariff Policy,” the plan first introduces a 10%…
[ad_1] Asian markets and US stock futures tumbled on Thursday after Donald Trump unveiled a sweeping increase in tariffs on imports from across the globe, escalating trade tensions and sending investors into a frenzy.Tokyo’s Nikkei 225 index dropped more than 3.4 per cent before a slight recovery, closing 2.9 per cent lower at 34,699.52. South…
[ad_1] CHENNAI The National Payments Corporation of India (NPCI) is piloting a ‘federated model’ in collaboration with banks to eliminate frauds using UPI transactions. India’s umbrella organisation for operating retail payments and settlement systems is also leveraging AI and machine learning tools to detect suspicious transactions through UPI. NPCI chief risk officer Viswanath Krishnamurthy said…
