US President Donald Trump's tariff imposition decision gives India's textile industry a competitive edge as its competitors like Vietnam, Bangladesh and China will face higher tariffs
The drop in these shrimp stocks followed the imposition of a 27 per cent reciprocal tariff on India by US President Donald Trump
The Nifty Auto index, which tracks the performance of auto stocks, dropped 1.46 per cent, to hit an intraday low of 21,095 points.
Reciprocal tariffs, announced by US President Donald Trump, might have a long-term, negative impact on the global economy, warned Deepak Shenoy, founder and CEO of CapitalMind over an 'X' post.
From April 9, nearly 60 countries, including those in the EU, will face steeper tariffs. World leaders, including Italy's Giorgia Meloni and Australia's Anthony Albanese condemned Trump's move
Pharmaceutical products have been on the radar of US President Donald Trump, who has indicated that tariffs of up to 25 per cent could be imposed on this category
US President Donald Trump's new tariffs, set to take effect on April 2, will target countries with high duties on US goods, escalating trade tensions and reshaping global commerce
The statement came just days before Trump plans to outline country-based reciprocal tariff plans on April 2 to counter "unfair trade practices" that, according to him, have hurt America for decades
Dubs India's 17% average import levy 'highest of any major world economy', before reciprocal tariff rollout
Analysts at Barclays, meanwhile, estimate that nearly $22 billion worth of India's exports (30 per cent of exports to the US and 5 per cent of total goods exports) are most at risk
Trump said his tariff roll-out would focus on so-called reciprocal duties, featuring rates on a country-by-country basis corresponding to tariffs and other trade barriers on US products
Venezuelan crude has made up less than 1 per cent of all crude imports for India in FY25
Beijing is keen to attract foreign investment at a time of heightened geopolitical tensions, as policymakers try to boost domestic consumption to offset fresh US tariff headwinds
Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent. The rally was fuelled by improving investor sentiment, improvement in foreign capital flows, and positive global developments, an expert said. "We expect this upward momentum to continue, on the back of foreign institutional investors' return to the Indian market amid attractive valuations and signs of economic recovery," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said. Investors would also track the rupee-dollar trend and movement in global oil benchmark Brent crude, an analyst noted. "With no major domestic economic events scheduled, focus will remain on the expiry of March derivatives contracts and FII activity. On the global front, the US markets will be closely watched, w
JPMorgan Chase CEO Jamie Dimon's comments come as stock markets have been affected by changing tariff policies and investor confidence remains shaky amid trade tensions
Canada's key industries - including agriculture, seafood, auto manufacturing, and energy - are bracing for economic fallout as US and China both impose increased tariffs
US-EU trade dispute: The Trump administration recently imposed 25% tariff on European steel and aluminium imports
Stock Market Highlights: The Sensex recovered 500 pts from the day's low to end flat at 74,102; Nifty settled at 22,498. ICICI Bank, Bharti Airtel and Reliance Industries led the recovery on Tuesday.
Nomura pointed out that India is strategically positioned to capitalise on these changes, especially as the US looks to adjust its approach to trade with India, particularly in electronics
As Mr Trump takes a wrecking ball to global trade linkages, the impact will be devastating