The United States has implemented a uniform 25% duty on all goods originating from India, taking effect August 7. (AI image) Donald Trump’s 25% tariff on India: The Narendra Modi government is urging exporters to develop and market domestic brands as a response to the 25% by the Donald Trump administration. Additionally, it has requested…
Technically, Gold on COMEX was not able to breach the important $3280 mark on the lower side, hence some upside could be seen from these levels. (AI image) Gold price prediction today: Gold prices have been volatile amidst ongoing uncertainties on the global trade front with US President Donald Trump announcing tariff rates for almost…
Trump has repeatedly called BRICS a group that is ‘anti-US’, saying that it aims to destroy the dominance of the dollar. (AI image) US President Donald Trump’s move to impose 25% tariffs on India may have its reasons rooted in political issues, says an SBI Research report. India and the US have been engaged in…
The allotment results for NSDL’s Rs 4,011.60-crore initial public offering (IPO) is set to be announced Monday i.e. August 4, following an overwhelmingly positive response from investors. The IPO, priced at Rs 800 per share, was oversubscribed 41.02 times, signalling strong investor confidence. Listing and market sentiment Shares of NSDL are set to be listed…
In a significant development for the Indian financial markets, the net inflow of foreign portfolio investors (FPI) into the Indian primary market has reached a seven-month high of $1.7 billion (Rs 14,247 crore). This surge comes amid a buoyant period for initial public offerings (IPOs). The last time FPIs invested such a substantial amount was…
Market experts remain wary and suggest maintaining protective positions with a downward outlook until definitive reversal indicators appear. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 went above 24,600, BSE Sensex was up over 150 points. At 9:18 AM, Nifty50 was trading…
In a critical juncture for US-China trade relations, officials from both nations are working to resolve their differences and potentially reach a trade agreement that could prevent the imposition of severe tariffs. However, a significant sticking point reportedly remains- the US demand for China to cease purchasing oil from Iran and Russia. China’s Foreign Ministry…
US has shifted its stance towards India, with Trump now targeting it as part of his strategy to pressure Putin regarding the Ukraine conflict. (AI image) In the face of US President Donald Trump’s 25% tariffs and warnings of additional penalty for trade with Russia, India is also hardening its stance. Prime Minister Narendra Modi…
India is rapidly emerging as a major force in the global semiconductor landscape, with its domestic market aimed to grow from $38 billion in 2023 to between $100 and $110 billion by 2030. This projection comes as the global semiconductor industry is set to touch the $1 trillion mark by the end of the decade,…
Mumbai: Layoffs in India’s IT sector is bad news for consumption. After IT giant TCS announced cutting more than 12,000 jobs, a spectre of uncertainty looms over the sector with industry body Nasscom hinting at more layoffs – this could have a bearing on discretionary consumption, squeezing demand for apparel to and electronics, say experts,…
