FPI outflow hits six-month high: Rs 34.99 crore offloaded in August; US tariffs, high valuations fuel pull-out

Foreign investors withdrew Rs 34,993 crore (approximately $4 billion) from Indian equity markets in August, representing the most significant divestment in six months. This substantial withdrawal was influenced by US tariffs on Indian exports and high domestic valuations.The outflow was significantly higher than July’s figure of Rs 17,741 crore. Foreign Portfolio Investors’ (FPIs) total equity…

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Specialty fertiliser sector under risk? China to reimpose export curbs from October; India faces price surge

The specialty fertiliser sector in India could potentially face new supply disruptions as China plans to reenforce export curbs starting October, with potential price increases affecting farmers, according to a senior industry representative.Chinese specialty fertiliser exports have temporarily resumed, offering momentary respite. However, this relief period will conclude as Beijing intends to strengthen export supervision…

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US tariffs: India readies steps to protect exporters; domestic demand push in focus, says economic affairs secretary

India mulls measures to protect exporters after US tariffs (AI image) The government is preparing measures to cushion industries and workers from the fallout of the United States’ steep tariff increase on exports, according to Economic Affairs Secretary Anuradha Thakur. “There are certain employment-heavy sectors which do have exposure to the US and to that…

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Eight of India’s top-10 firms’ mcap tumbles: Rs 2.24 lakh crore wiped off; Reliance, HDFC hit hardest

Eight of the top-10 highest valued companies saw their combined market value decrease by Rs 2,24,630.45 crore in the previous week, with Reliance Industries and HDFC Bank experiencing the largest declines, following the negative trend in equities.The BSE benchmark index declined by 1,497.2 points, or 1.84 per cent last week.Among the top-10 companies, eight firms…

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‘Undefined mechanisms’: India halts US-mail including up to $100 parcels; postal service cites new tariff rules

India stops postal shipments to US (Representative AI image) India’s postal department has suspended all mail bookings to the United States, following new US governmental regulations that alter the protocol for incoming shipments.The official communication indicated that postal services, including letters, documents and gifts valued up to $100 destined for the US, will not be…

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‘Big year ahead’: Donald Trump touts $10 trillion investment for Americans; White House hails ‘worker-first’ agenda

Donald Trump (File photo) President Donald Trump marked Labor Day weekend by spotlighting what the White House described as “nearly $10 trillion” in new investments aimed at American workers, part of what officials are calling a “Golden Age of Prosperity.” “President Trump believes that American workers are the heart and soul of our economy, which…

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China’s factory output contracts for fifth month: PMI at 49.4 in August; trade talks with US drag on

China’s industrial production showed a slight improvement in August but remained in contraction for the fifth consecutive month, as per official figures released on Sunday, while trade negotiations with the United States persist before a new November tariff implementation.The Purchasing Managers’ Index, a crucial industrial output indicator, reached 49.4, according to the National Bureau of…

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UP’s Rampur mentha oil industry reels under US tariff: Exporters warn of losses as orders on hold; job cuts loom

The mentha oil sector in Rampur is experiencing severe difficulties, with exporters warning of substantial financial losses due to the US’s 50 per cent import tariff on Indian goods. The situation is endangering the financial stability of numerous agricultural workers and labourers, according to PTI reports. Mentha oil serves as a crucial aromatic ingredient in…

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