Trump tariffs send shockwaves through global markets Wall Street just suffered its most brutal one-day loss since the early days of Covid. The spark? A sweeping, historic round of tariffs announced by US President Donald Trump late Wednesday, including a 10% baseline duty on all imports and much higher rates on key trading partners like…
Market attention will now concentrate on the RBI’s monetary policy scheduled for April 9. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Friday following global cues. While BSE Sensex dipped below 76,000, Nifty50 was above 23,100. At 9:16 AM, BSE Sensex was trading at 75,953.43,…
The US stock market plunged sharply on Thursday, with the Dow Jones Industrial Average dropping 1,400 points, or 3.3%, amid widespread concerns triggered by President Donald Trump’s latest set of severe tariffs. According to news agency AP, the S&P 500 fell 4%, while the Nasdaq Composite dropped 5.1%, reflecting a broader global market sell-off. At…
Demand elasticity of Indian products in US market would determine the cushion Indian industry has. By Sagar Shah and Ruchi BhatThe ‘liberation’ journey that started in Mr. Donald Trump’s first stint with China trade war continued as major campaign focus for second one. So the World anticipated reciprocal tariff changes in Trump 2.0 version. 2nd…
President Donald Trump took to his social media platform, Truth Social, on Thursday to deliver a triumphant message following the implementation of sweeping reciprocal tariffs. His post in all-caps read: “THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT…
AI image for representation only. On April 2, 2025, US President Donald Trump announced his “Liberation Day” tariffs in a Rose Garden address, ushering in a seismic shift in global trade dynamics. The policy imposes a 10% baseline tariff on all US imports starting April 5, with additional “reciprocal tariffs” targeting specific countries—ranging up to…
Raghav Chadha (File Photo) NEW DELHI: Aam Aadmi Party (MP) Raghav Chadha on Thursday suggested the government should use Elon Musk‘s Starlink satellite internet services as a “bargaining chip” to renegotiate with Donald Trump after the US President’s announcement of 27 per cent reciprocal tariffs on India.“Should we not withhold the requisite approvals for Elon…
Representative image India’s USD 32 billion gems and jewellery industry is facing significant challenges, with experts predicting a sharp decline in exports following the announcement of hefty U.S. tariffs, according to a Reuters report. The new tariffs, which will affect the sector’s largest market, are expected to impede India’s ability to maintain its position as…
PM Modi with US President Donald Trump United States President Donald Trump on Wednesday called Prime Minister Modi his ‘great friend’ while imposing his ambitious retaliatory tariff on India.Trump said Washington would impose “discounted reciprocal tariffs” of 26 per cent on New Delhi.“India, very, very tough. Very, very tough. The Prime Minister just left. He’s…
Wayne Gretzky, the greatest hockey player of all time, is known for his remarkable skills on the ice. However, his silence on his relationship with former U.S. President Donald Trump has now put him in the middle of a heated debate. As Trump’s policies continue to strain U.S.-Canada relations, Gretzky’s refusal to comment has left…
