Trump’s 50% tariffs on India: Will Modi government’s Export Promotion Mission be able to counter impact? Top weaknesses & challenges

[ad_1] The Union Cabinet on Wednesday approved the Export Promotion Mission (EPM) to establish a structure for enhancing India’s export capabilities. (AI image) The Modi government’s move to approve an Export Promotion Mission aimed at countering the impact of the global trade situation may be laced with implementation challenges, says Ajay Srivastava, founder of Global […]

Stock market today: Nifty50 opens above 25,400; BSE Sensex up over 300 points as market rally continues

[ad_1] Market observers noted that declining US 10-year yields as rupee gained suggested foreign institutional investors were shifting focus to emerging markets, including India. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 was above 25,400, BSE Sensex was up over 300 points. […]

‘Zero faith’: If Trump’s tariffs are overturned, how easily will businesses get back billions in refunds? It could be a nightmare!

[ad_1] Trump has valued the tariff income, declaring it has restored national wealth. (AI image) Donald Trump administration’s tariff collections – running into billions of dollars – is threatened in case the Supreme Court decides to strike down the US President’s tariff policies. Trump himself has warned that any decision against his tariff policies would […]

‘Stolen from US’: Donald Trump announces 100% tariffs on foreign-made movies; ‘substantial’ duty on furniture

[ad_1] Donald Trump (File photo) US President Donald Trump announced that he plans to impose sweeping tariffs on foreign-made movies and furniture, accusing other countries of “stealing” from the United States. In one post on Truth Social, Trump wrote: “Our movie making business has been stolen from the United States of America, by other Countries, […]

Reducing Russian crude imports: India wants US to allow oil from Iran, Venezuela; 25% penal tariffs in focus

[ad_1] Since the Russia-Ukraine conflict began in 2022, India has significantly increased its crude oil imports from Russia. (AI image) India, faced with 25% additional penal tariffs for its crude trade with Russia, has reportedly asked the US to allow oil imports from Iran and Venezuela.Following international sanctions due to the Ukraine conflict, Russia began […]

Trump’s 100% tariffs on pharma: Sun Pharma, Biocon, Cipla & other pharmaceutical stocks tank; jitters on D-Street

[ad_1] Several prominent Indian pharmaceutical firms, including Sun Pharma, Dr. Reddy’s Laboratories, Cipla, Lupin, Aurobindo Pharma, and Zydus Lifesciences, maintain substantial export operations to the USA. (AI image) Pharma stocks hit by Trump’s tariffs: Pharmaceutical stocks declined sharply by up to 5% on Friday, September 26, following US President Donald Trump’s declaration of imposing 100% […]

Stock market today: Nifty50 opens in green; BSE Sensex up over 100 points

[ad_1] Market attention will now shift to Piyush Goyal’s US visit for trade negotiations, the first since the Trump administration’s 50% tariff implementation. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday after being pulled into red the previous trading session after Donald Trump administration […]

‘India coming to the table’: Trump advisor Navarro again slams ‘highest tariffs’; rakes up Russia oil ahead of trade talks

[ad_1] India-US trade deal talks: US President Donald Trump Trade adviser Peter Navarro on Monday continued with his attacks on India over tariffs and trade deal, saying that it has the ‘highest tariffs’. Navarro’s remarks come at a time when Trump and Prime Minister Narendra Modi have called India-US relationship important.Asked about the India-US trade […]

India pushes back against Trump pressure: Russia crude imports rise to $3.4 bn, close to China’s $3.64 bn; EU buys fossil fuels too

[ad_1] In terms of Russian fossil fuel procurement, India’s aggregate imports amounted to €3.6 billion. (AI image) At a time when the Donald Trump administration is demanding that India stop purchase of Russian crude, India’s oil imports from Russia rose to €2.9 billion (approximately $3.4 billion as per today’s exchange rate) in August. The figure […]

‘Would be disaster if … ‘: Donald Trump doubles down on tariffs after US court calls them illegal; what next?

[ad_1] US President Donald Trump (Pic credit: AP) US President Donald Trump on Friday said that he would “fight back” after a US federal court in a significant ruling found his global tariffs “illegal.” The US court of appeals for the federal circuit in Washington ruled that many of Trump’s tariffs were illegal; however, it […]