According to Ajit Mishra at Religare Broking, mixed global cues and underperformance of banking index remain key hurdles. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Tuesday. While BSE Sensex sunk over 400 points, Nifty50 was below 22,350. At 9:16 AM, BSE Sensex was trading…
US President Donald Trump on Thursday temporarily lifted steep tariffs targeting Canada and Mexico, easing trade tensions and providing relief to businesses and consumers after market backlash.Trump signed executive orders to delay new tariffs on Canadian and Mexican imports covered under the North American trade agreement.The implementation of tariffs of up to 25% on both…
President Donald Trump’s long-threatened tariffs have taken effect, launching the US into a full-scale trade war with China, Canada, and Mexico. These tariffs impose a 25% tax on imports from Canada and Mexico and a 20% tariff on Chinese goods, prompting swift retaliatory measures from all three countries. As a result, the cost of everyday…
Mexico President Claudia Sheinbaum on Tuesday announced retaliatory tariffs against US’s “unilateral decision” to impose 25% tariffs on its goods.“I want to make it clear today that we will always seek a negotiated solution as we have proposed within the framework of respect for our sovereignty,” Sheinbaum said.“But the unilateral decision taken by the United…
President Donald Trump’s latest round of tariffs on major US trading partners has sparked concerns about inflation and economic disruption, with legendary investor Warren Buffett weighing in on the potential fallout.In an interview with CBS News that aired Sunday, Buffett called tariffs “an act of war, to some degree,” drawing from decades of experience in…
Justin Trudeau and Donald Trump (File photo) Canada’s Ontario on Monday banned US firms from government contracts in a move that will scrap $100-million deal with Elon Musk‘s Starlink. Doug Ford, premier of Ontario, said the ban would persist unless the Trump administration lifts recently imposed tariffs on Canada.Last year, the Doug dispensation had inked…
US President Donald Trump US President Donald Trump announced sweeping new tariffs on imports from Mexico and China, a move that has triggered sharp reactions from global leaders and financial markets. The tariffs, which Trump says are aimed at protecting American workers and industries, have sparked fears of economic retaliation from affected countries.Stock markets responded…
China has “firmly opposed” Donald Trump’s move to impose 10% tariffs and warned the US of “corresponding countermeasures to resolutely safeguard our own rights and interests”. It further said that the country would file a complaint with the World Trade Organization for “the unilateral imposition of tariffs by the United States seriously violates WTO rules”.“China…
MUMBAI: The rupee fell to a record low of 84.73 against the dollar on Monday, weakening 0.2% for its worst single-day decline since June 4. It touched an intraday low of 84.73 before closing at 84.70 – 14 paise weaker than Friday’s close. This was driven by strong dollar demand in the non-deliverable forward (NDF)…
TOI correspondent from Washington: In a warning shot that echoed across major world capitals and business majors on Tuesday, US President-elect Donald Trump said he will issue executive orders on day one of his presidency imposing new tariffs on all imported goods from China, Mexico and Canada, Washington’s three largest trading partners, to stop the…
