Page 29 - Donald Trump

'An important and positive first step': USISPF on US-India trade deal

The US-India Strategic Partnership Forum (USISPF) on Monday enthusiastically welcomes US President Donald Trump's announcement following his conversation with Prime Minister Narendra Modi, which reaffirms their shared commitment to deepen the USIndia economic partnership and advance a bilateral trade agreement. India and the US agreed on a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, US President Donald Trump announced on Monday in a Truth Social post. USISPF said that the reduction of India's reciprocal tariff marks "an important and positive first step." "While the agreement's specifics are pending, today's announcement signals strong political will on both sides to move toward a comprehensive USIndia Bilateral Trade Agreement (BTA) that addresses tariffs, market access, non-tariff barriers, and other trade-related issues across a wide range of sectors," it said. A BTA between the two nations

Titan, Kalyan Jewellery soar up to 20% on India-US trade deal boost

Analysts believe that the gems and jewellery related sector is likely to benefit from the India-US trade deal.

Explained: What is Project Vault, Trump's $12 bn critical minerals plan?

The US government has rolled out Project Vault, a $12 billion scheme to stockpile rare earths and critical minerals, aiming to shield American companies from global supply disruptions

Infosys, Bhel, Arvind: Antique lists top gainers from India-US trade deal

The India-US trade deal, Antique believes, is significantly positive for Indian equities as FPI equity outflow of $34 billion since October 2024, the highest among emerging markets (EMs), may reverse

India, US agree to a trade deal; reciprocal tariff reduced to 18%: Trump

The announcement came after a phone call between Prime Minister Narendra Modi and Trump

Apex Frozen, Avanti Feeds hit 20% upper circuit on US tariff relief

Avanti Feeds hit a fresh life-time high at ₹960, while Apex Frozen Foods quoted at its highest level since September 2022 after the US President partly rolled back reciprocal tariffs on Indian imports

India-US trade deal: What tariffs are India's export competitors paying?

India-US trade deal: A closer look at how American tariffs on Indian exports compare with those faced by key rivals such as China, Vietnam, Mexico, Bangladesh across major sectors

India-US trade deal a win-win for citizens, industries, says Vaishnaw

Union Minister Ashwini Vaishnaw on Monday said the India-US trade agreement is a win-win deal which will benefit citizens and industries of both countries. Vaishnaw's remarks came soon after US President Donald Trump spoke to Prime Minister Narendra Modi and announced that India and the US have agreed on a trade deal. Under the agreed deal, Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent. Trump said India will move forward to reduce "tariffs and non-tariff barriers" against the US to zero, adding New Delhi would buy American goods, including energy, worth more than USD 500 billion. In a post on X, Vaishnaw, the Union minister for information and broadcasting, said, "Trade deal between the US and India will lead to a brighter future for both countries." "India-US trade deal is a win-win deal. Citizens and industries of both countries will benefit greatly from this deal," he said. Terming the US and India as the world's ..

India-US trade deal: Time to buy stocks; Nifty target 28,100, says Bernstein

Sector-wise, Financials, information technology (IT), and Telecom, they said, are the ways to participate in the market rebound

Trump urges House to vote quickly to end partial government shutdown

President Donald Trump implored the House on Monday to end the partial government shutdown, but neither Republicans nor Democrats appeared ready to quickly approve the federal funding package he brokered with the Senate without first debating their own demands over immigration enforcement operations. Democrats are refusing to provide the votes House Speaker Mike Johnson needs to push the package forward as they try to rein in the Trump administration's deportation operations after the shooting deaths of two Americans in Minneapolis. That's forcing Johnson to rely on his slim GOP majority, which has its own complaints about the package, to fall in line behind Trump's deal with Senate Democrats. Voting could begin as soon as Tuesday, which would be day four of the partial shutdown. The Pentagon, Homeland Security and other agencies saw their funding lapse Saturday. And while many operations at those departments are deemed essential, and still functioning, some workers may go without pa

US-India trade deal finalised, PM Modi thanks Trump; tariff reduced to 18%

Trump said India stopped purchasing Russian crude, a move he linked directly to the agreement between the two countries.

Trump plans $12 billion rare-earths stockpile to cut China reliance

US aims to shield manufacturers from supply shocks

Warsh's return revives tensions over US Fed's $6.6 trn QE hangover

At the same time, Warsh could argue that by tightening financial conditions, a smaller balance sheet would grant his Fed room to cut its benchmark rate deeper

President Trump speaks with PM Modi: US ambassador Sergio Gor

US President Donald Trump has spoken with Prime Minister Narendra Modi, US ambassador to India Sergio Gor said on Monday, sharing a photograph of the two leaders and hinting at further updates

FAA supports Trump's attacks on Canada over airplane certifications

Trump last week threatened Canada with a 50 per cent tariff on its country's planes sold in the US along with stripping globally recognised safety permits from aircraft made in Canada

Oil prices fall 5% as Trump signals de-escalation in US-Iran tensions

Oil dropped sharply from the previous sessions, when Brent touched a six-month high and ​WTI was hovering near its highest since late September on mounting tensions between the United States and Iran

Why Trump's new pick for US Fed chair hit gold and silver markets

After months of record highs and stretched valuations, spot prices for gold and silver dropped 9 per cent and 28 per cent respectively after the announcement

From Musk to former Prince: List of powerful people named in Epstein files

From tech titans to Wall Street power brokers and foreign dignitaries, a who's who of powerful men make appearances in the huge trove of documents released by the Justice Department in connection with its investigations of Jeffrey Epstein. All have denied having anything to do with his sexual abuse of girls and young women. Yet some of them maintained friendships with Epstein, or developed them anew, even after news stories made him widely known as an alleged abuser of young girls. None has been charged with a crime connected to the investigation. Epstein killed himself in a Manhattan jail cell in 2019. Here's a primer on some of the notable names in the Epstein files: Andrew Mountbatten-Windsor ------------------------------------ The man formerly known as Britain's Prince Andrew has long been dogged by questions about his relationship with Epstein, including allegations from the late Virginia Roberts Giuffre that she was trafficked by Epstein and instructed to have sex with ...

Mexican President Sheinbaum pledges to send humanitarian aid to Cuba

Mexico's President Claudia Sheinbaum announced Sunday she plans to send humanitarian aid to Cuba this week, including food and other humanitarian aid. Sheinbaum's comments came after US President Donald Trump said he asked the Mexican leader to suspend oil shipments to the Caribbean island. Sheinbaum said at a public event in the northern state of Sonora that she did not discuss Cuban affairs in a phone conversation with Trump on Thursday. She added that her government seeks to " diplomatically solve everything related to the oil shipments (to Cuba) for humanitarian reasons." Earlier, Trump told reporters that he told the Mexican president not to send oil to Cuba. Following the US military operation carried out in early January to remove Venezuela's President Nicolas Maduro, the South American nation suspended oil shipments to Cuba, which had been declining in recent years. Mexico then became the main supplier of crude oil and refined products to Havana. Mexican oil has long acte