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Wall Street plunges as US tariffs trigger recession fears; Dow falls 3.3%

Apple leads declines among Big Tech; retail stocks slump on Asia tariff worries

US weekly unemployment claims fall to 219,000 ahead of tariffs storm

President Donald Trump on Wednesday unveiled a 10 per cent minimum tariff on most goods imported to the United States, sparking threats of retaliation and rattling global financial markets

Volvo Cars CEO vows to produce more cars in US as Trump announces tariffs

European companies are scrambling to find solutions as President Donald Trump's 25 per cent duties on foreign cars became effective

Fitch cuts China credit rating on debt risks amid trade tensions

The downgrade came a day after President Donald Trump imposed sweeping tariffs on imports from US trading partners, with China among the hardest-hit

RBI decides not to conduct 14-day repo auction for upcoming fortnight

Banking system liquidity moved into surplus on March 29, after being in deficit since mid-December. The surplus stood at 1.42 trillion rupees, as on April 1

US trade deficit narrows 6.1% in Feb, levels of import remains high

Imports of services increased $0.5 billion to a record high $72.2 billion. There were increases in travel services and charges for the use of intellectual property

RBI maintains FPI investment caps in govt securities, corp bonds for FY26

The Reserve Bank of India (RBI) maintained the existing caps of 6 per cent for government securities, 2 per cent for state government securities and 15 per cent for corporate bonds

Govt tightens steel procurement rules to favour domestic manufacturing

The new rules under the "Domestically Manufactured Iron And Steel Products Policy 2025" mandates all agencies under government to prioritise locally manufactured iron and steel products

Oil prices plunge 6% after Trump tariffs, OPEC+ speeds up output hikes

Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United States, the world's biggest oil consumer, with much higher duties on products from dozens of countries

Auto tariff to cost US consumers more than $30 bn in first year: Report

Consultancy firm Anderson Economic Group said in a report on Thursday that 25 per cent tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car

Global leaders vow countermeasures as Trump imposes 'reciprocal tariffs'

Goods from Canada and Mexico are not currently subject to reciprocal tariffs because Trump's prior 25 per cent fentanyl-related duties remain in place on their goods

China urges US to immediately lift tariffs, vows retaliation amid trade war

Trump on Wednesday announced China would be hit with a 34 per cent tariff, on top of the 20 per cent he previously imposed earlier this year, bringing the total new levies to 54 per cent

Trump's auto tariffs to cover billions of dollars in vehicle, parts imports

The update of Trump's auto tariff proclamation from last week included nearly 150 auto parts categories that will face tariffs starting on May 3

Tesla sales plunge 13% to nearly three-year low amid growing challenges

The stumbling sales during the first quarter indicate that the one-time leading brand is reeling from the fallout of the company delaying launches for years, and Musk's foray into politics

US businesses get ready for more pain as Trump rolls out reciprocal tariffs

The US will now impose a 10 per cent baseline tariff on all imports to the country effective April 5 and higher duties on several of its biggest trading partners

Ford to offer broad discounts, capitalising on tariff-driven sales boost

Ford will offer its employee pricing - a discounted rate available to Ford workers - to all customers

Stocks plunge as Trump imposes reciprocal tariffs, shaking global markets

The high-flying tech sector was pummelled as manufacturing hubs in China and Taiwan faced new tariffs above 30 per cent, bringing the total new levy to an eye-watering 54 per cent on imports

Safe-haven gold hits record high as Trump announces sweeping tariffs

All eyes are on the US non-farm payrolls report, due Friday, for further clues on the Federal Reserve's monetary policy path

Aviation industry falling behind on net zero target, warns IATA chief

Walsh criticised fuel companies as the "cause of the problem", saying they had ignored their own SAF supply promises

Russia, Ukraine accuse each other of violating terms of energy truce

Zelenskiy said on Tuesday that Russia was breaking the energy truce and called on the US to boost sanctions against Moscow, as Trump has threatened to do