The relationship status has significantly evolved from being a “good friend” to becoming a “bad trading partner”, it says. (AI image) Barclays has flagged ‘serious threat’ to around 70% of India’s exports to the US with the Donald Trump administration’s 50% tariffs coming into effect today. “The risks to growth for the Indian economy have…
Silver prices in the national capital witnessed a historic surge, reaching Rs 1,20,000 per kilogram, fueled by global uncertainty. Gold also experienced gains, climbing to Rs 1,01,270 per 10 grams. Market analysts attribute this uptrend to political unpredictability stemming from President Trump’s dismissal of Federal Reserve Governor Lisa Cook, raising concerns about the Fed’s independence….
Stock market investors may remain jittery in the near term after the steep 50 per cent tariff on Indian goods entering the United States came into effect on Wednesday, with analysts flagging textiles, gems and jewellery, and leather stocks as likely to remain in focus when trading resumes on Thursday.The additional 25 per cent levy…
India’s trade with Africa crossed the $100 billion mark in 2024-25, Union minister Kirti Vardhan Singh said on Wednesday, adding that New Delhi has also emerged among the top five investors in the continent.Speaking at the inaugural session of the 20th CII India-Africa Business Conclave in the capital, Singh said India has extended concessional loans…
(AI image) NEW DELHI: India in its first countermeasure to US President Donald Trump’s 50% tariff on Indian goods, announced dedicated outreach programmes in 40 key markets, including the UK, Japan, and South Korea, to boost textile exports, an official said on Wednesday.The targeted push will also cover Germany, France, Italy, Spain, the Netherlands, Poland,…
According to GTRI’s assessment, India is expected to reduce the negative effects of US tariffs in the coming months. How should India deal with the 50% tariffs imposed by the Donald Trump administration on Indian exports? Ajay Srivastava of Global Trade Research Initiative (GTRI) says there are two ways in which India can absorb the…
The newly constructed Huajiang Grand Canyon Bridge in Southwest China has cleared its final load test and is on track to become the world’s tallest bridge, connecting previously isolated regions in Guizhou province, as reported by local newspaper China Daily. Spanning the Beipan River gorge in Huajiang town, the bridge crosses limestone cliffs formed from…
The Union Cabinet on Wednesday approved the restructuring and extension of the Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme, extending the lending period from December 31, 2024 to March 31, 2030 with a total outlay of Rs 7,332 crore.The restructured scheme aims to benefit 1.15 crore beneficiaries, including 50 lakh new entrants, according…
India is facing 50% tariffs from US (AI image) The Commerce Ministry has scheduled multiple sessions this week to engage with exporters across various industries, including chemicals, gems and jewellery. These discussions aim to explore new export markets as a response to shield industries from the substantial 50 per cent US tariffs on Indian products,…
Foreign portfolio investors, despite being net sellers in the listed secondary market, are substantially investing as anchor investors in IPOs of Indian companies, demonstrating confidence in India’s exceptional growth trajectory.Overseas funds’ investments in Indian IPO anchor books increased by 300% to Rs 26,508 crore in FY25 compared to the previous year. FPIs’ proportion in total…
