Business news – Page 6

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Donald Trump announces 26% ‘discounted’ reciprocal tariff on India: What will be the impact and is Indian economy relatively insulated? – The Times of India

adminApril 2, 2025017 mins

Experts are of the view that the impact of Trump’s tariffs on India is likely to be limited. US President Donald Trump has unveiled extensive reciprocal tariff proposals, declaring “our country has been looted, pillaged, raped, plundered” by foreign nations. During his speech on ‘Liberation Day’, Trump displayed a chart illustrating proposed reciprocal tariffs: 34…

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Crude oil imports rise 67% from US, 11% from Russia; Trump tariff threats on Russia have little impact on India’s purchases – The Times of India

adminApril 2, 202505 mins

Trump has indicated potential complications for Russian oil trade unless Moscow reaches an agreement on the Ukraine conflict. (AI image) Indian refiners increased their US crude imports by 67% in March compared to February, at a time when US President Donald Trump is pushing for American energy exports. Notably, Russian imports grew by 11% despite…

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Stock market today: BSE Sensex opens over 200 points up; Nifty50 above 23,200 – The Times of India

adminApril 2, 202504 mins

Analysts anticipate continued market volatility in the coming days as global trade policies remain in focus. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green in trade on Wednesday. While BSE Sensex moved up over 200 points, Nifty50 went above 23,300. At 9:20 AM, BSE Sensex was trading…

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Top stocks to buy today: Stock recommendations for April 2, 2025 – The Times of India

adminApril 2, 202503 mins

Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Castrol India, Butterfly Gandhimathi, and GM Breweries are the top stock picks for today:Castrol India: BUY Near ₹205 | Stop Loss: ₹185 | Target: ₹245The stock has formed a top around ₹240…

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Top stocks to buy today: Stock recommendations for April 2, 2025 – The Times of India

adminApril 2, 202504 mins

BofA Securities has a ‘neutral’ rating on Tata Motors with a target price of Rs 735. Analysts said that at a conference call, the company’s CFO indicated that it was early to react to expected tariff by the US but supply chain rethink was unlikely. The company’s mitigation plan includes premiumization, cost, pricing and developing…

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Ratan Tata leaves over Rs 3cr for home & office staff – The Times of India

adminApril 1, 202505 mins

MUMBAI: Ratan Tata has left nearly Rs 3.5 crore to his house helps and office staff – from car cleaners to peons. The late industrialist also waived off loans extended to members of his staff and even a neighbour.Tata, who died in Oct 2024, also directed the executors of his will to distribute Rs 15…

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Overseas Indians send home record $129.4 billion in 2024; remittances cross $100 billion for 3rd consecutive year – The Times of India

adminApril 1, 202504 mins

For the third consecutive year, India received remittances exceeding $100 billion. (AI image) Indians living abroad transferred a record $129.4 billion in 2024, with the December quarter alone accounting for $36 billion, according to the Reserve Bank of India‘s balance of payments data analysis.For the third consecutive year, India received remittances exceeding $100 billion. India…

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Stock market today: BSE Sensex tanks over 350 points; Nifty50 below 23,450 – The Times of India

adminApril 1, 202504 mins

The market will closely observe the effects of reciprocal tariffs beginning April 2 and their impact on worldwide commerce. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade on Tuesday morning. While BSE Sensex plunged over 350 points, Nifty50 went below 23,450. At 9:17 AM, BSE Sensex…

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Top stocks to buy today: Stock recommendations for April 1, 2025 – The Times of India

adminApril 1, 202505 mins

ICICI Securities has reiterated its ‘buy’ recommendation on GAIL (India) with a target price of Rs 245. Despite its Oct-Dec quarterly results disappointing investors, analysts feel that its earnings may improve steadily over the next 12 months, driven by one-offs impacting trading that have resolved somewhat in Q4 and should have limited impact over FY26….

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Exporters brace for Trump’s tariffs, expect turbulence – The Times of India

adminMarch 31, 202504 mins

NEW DELHI: As businesses brace for Trump’s reciprocal tariffs, there is palpable tension with exporters expecting turbulence at least during the first quarter of the new financial year.Already, engineering goods exporters, dealing in iron and steel and aluminium products, are facing a hit on $5 billion of shipments in transit as US president Donald Trump…